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Texas Software Billionaire Charged in Largest Tax Fraud Indictment in US History

He’s accused of hiding $2 billion from taxes.

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A Texas software billionaire is being charged with tax evasion in a case federal prosecutors are describing as the largest incidence of tax fraud in American history.

79-year old Robert Brockman was charged in a 39-count indictment that includes charges of money laundering, conspiracy, wire fraud, and tax evasion, with an indictment being unsealed by the US Attorney for the District of San Francisco on Thursday.

Brockman is the CEO of the Reynolds & Reynolds Company, which develops software for automotive companies. He’s being accused of hiding more than $2 billion in capital gains from the IRS, utilizing a complex scheme of companies and trusts registered in notorious Caribbean tax havens such as the British Virgin Islands to conceal his wealth.

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Brockman is alleged to have intentionally destroyed electronic devices, documents and other pieces of evidence that would reveal the nature of his tax avoidance system in the unsealed indictment. He was released from jail custody on a $1 million bond Thursday, and has plead not guilty to the charges.

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David Anderson, a San Francisco federal prosecutor, described the magnitude of Brockman’s alleged tax cheating setup at a press conference announcing the charges on Thursday. “The allegation of a $2 billion tax fraud is the largest-ever tax charge against an individual in the United States,” he said.

The evidence that led to the indictment of Brockman was largely obtained from another billionaire, Robert Smith. Smith agreed to a non-prosecution with federal authorities earlier this month for tax evasion of his own, providing information on tax avoidance schemes utilized by the ultra-wealthy.

Greed of this nature is absolutely sickening, if the allegations made in the indictment are legitimate. The IRS should relentlessly pursue billionaires such as Brockman and Smith, making their tax compliance the priority over “average” Americans.

The Swamp

RINO Extraordinaires John Kasich and Jeff Flake Floated as Possible Biden Cabinet Members

These guys have no popular support.

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A Politico report has identified alleged “conservatives” that the Biden campaign is considering for Cabinet posts should he win the election. John Kasich and Jeff Flake were two of the most notable.

Other possible Republicans include Meg Whitman, the CEO of Quibi and former CEO of eBay, current governor of Massachusetts Charlie Barker, and former representative from Pennsylvania Charlie Dent.

Whitman and Kasich were speakers at the Democratic National Convention back in August.

The consideration of Republicans, however, is not a universally liked idea among the left. Executive director of Demand Progress David Segal told Politico: “My primary concern is that he involves people in the Cabinet who push back against corporate power and support a massive economic stimulus and the broad provision of health care. Unfortunately, there are no prominent Republicans I know of who are on board with that agenda.”

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Director of the Revolving Door Project Jeff Hauser also told Politico that “I don’t understand why someone who says, ‘I am the Democratic Party,’ would then hand benefits to someone who’s not a Democrat.”

Despite not technically being Democrats, Kasich and Flake often seem indistinguishable from Democrats in their rhetoric and attitudes on certain issues. Big League Politics has published stories about Kasich praising the Green New Deal for “asking the right question” and about Flake vowing to vote for Biden because his presidency would be “better for conservatism” than Donald Trump’s.

You know what would actually be better for conservatism? If these guys just quit identifying as Republicans and became Democrats. We want nothing to do with them; let the party of Joe Biden and Kamala Harris have them.

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