IRS gives $104M to jailed whistleblower9/11/2012
While you were waiting for your measly tax refund, the IRS was sending out some big checks. Really, really big (like, Powerball big), and to an ex-con, no less. Ex-banker Bradley Birkenfeld was awarded a staggering $104 million from the IRS after he blew the whistle on tax evasion at his former firm, the Swiss bank UBSAG. (Birkenfeld also served two and a half years in prison on a related charge.) The government, predictably, defended the award: "Billions of dollars in taxes owed will be collected that otherwise would not have been paid, as a result of the whistleblower information," Sen. Chuck Grassley told Fox News. [Source]
Do you think this award was defensible?