Posted on 03/26/2016 2:01:17 PM PDT by Kid Shelleen
Gone are the days of sophisticated tax plans offered by international accounting and law firms to their wealthiest clients which the IRS, with the benefit of hindsight, categorized as “tax shelters”. So why is Commissioner Koskinen raising the flag upside-down in a signal of distress in March of 2016? Tax practitioners all around the country know exactly why. Too many taxpayers and a handful of unscrupulous “tax practitioners” are taking advantage of the almost absolute absence of tax enforcement by the IRS.
Yes, “Joe the plumber” and other average taxpayers know that no-one is minding the store. What happens when the IRS is not there to rein in taxpayers? The answer is human nature. Will Rogers once said, “Income tax has made more liars out of the American people than golf.” (For more such tax widsom, see this collection at irs.gov)
(Excerpt) Read more at forbes.com ...
I thought IRS was pulling in record revenues every year..how does this square?
Or is it a pissy budget fight for the benefit of Congress?
I will take 300 for “what is schlonging”, Alex.
“(For more such tax wisdom (sic), see this collection at irs.gov)”
So, how much did it cost the IRS to put that little gem of a web page online?
Maybe the IRS needs to stop its illegal activities and get back to doing its work.
And that is how one reigns in the beast, cut off the gravy and simply feed it that which the law defines as its diet!!!
Your tax dollar at work! Wasn’t it Trump who commented on gov’t waste and abuse?
makes too much sense for DC
An individual “on the head” flat tax is unconstitutional. The current 16th Amendment income “A1,S8 EXCISE” tax, when applied as the law reads it is to be applied, is basically a benign tax that most are not subject to. Fix the misapplication of the law by reeducating the American citizenry as to the make & scope of the tax as it was prior to 1942 and then liberty from your self inflicted tyranny due to your ignorance of the law will return.
A1, S8 does not give Congress the authority to tax consumer goods. That authority resides with the states & the municipalities within the states. If you want to rid yourself of tyranny, learn what an “excise” tax is and what it applies to and then apply it to your earnings because that is what the income tax is, an “A1,S8 excise” tax that is limited in its scope. It does not apply to all that comes in unless all that comes in is connected to federal activity in the form of contracts, investments, employment, elected office, rent of federal land, etc, etc.
BUt I would be subject to it, therefore a flat tax is better.
Guess these affirmative action parasites wont be dancing drinkin and laughing in the carribean any time soon. fat chance!
So the IRS is a huge bureaucracy that simply employs people to run political witch hunts, but is too understaffed and ineffective to collect taxes.
OK then. Shut it down.
That's nothin', Hitlery lost SIX billion.
Perhaps they should lay off several thousand people.
All you folks who think it is fitting and proper that every person must have some “skin” in the game, do you not realize that that is a communist policy?
Wonder how much extra work Obamacare is costing the IRS?
Managing the monstrosity and collecting penalties.
Remember, no one was more outraged by these allegations of IRS targeting than our fearless leader!
Likely a fatal flaw.
In January, I ordered 1099-DIV and 1099-INT forms. Three weeks later I got a card saying they were “temporarily out” of the forms; do not reorder. March 26, still no forms.
Did tax season just sneak up on those weasels? After 1040s, the INT and DIV 1099s are the most used forms.
Weasels! If our next president doesn’t abolish the IRS I’m calling for impeachment.
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