Monday, October 22, 2007

Blackwater: Cheating on Taxes?

Blackwater has been classifying its employees as "independent contractors" in order to evade taxes.

I love how they claim that the Small Business Administration has ruled in their favor. Last time I checked, the SBA doesn't get a vote in such a determination, it is up to the IRS. And odds are that if the IRS looks hard at this, Blackwater is in deep shit. Just like Microsoft and all of those sleazoids.

Bush can only protect them or so long. He's kind of overdrawn on his famous "political capital" account.

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