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Bush to Seek IRS Boost, Record Deficits
Newsday.com ^
| Feb. 1, 2003
| ALAN FRAM, AP
Posted on 02/01/2003 8:38:33 PM PST by FairOpinion
Bush would give the IRS a 5.3 percent boost to $10.4 billion for the budget year that begins Oct. 1. That will include $133 million for added audits of businesses and high-income taxpayers, including those who hide their income offshore, the Treasury Department said.
"Americans' sense of fairness dictates that all Americans should pay their fair share," Pamela Olson, the Treasury Department's assistant secretary for tax policy, said in a written statement. "The president's budget for the IRS will target the real problem areas in a fair and evenhanded manner."
(Excerpt) Read more at newsday.com ...
TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: budget; bush; deficit; irs; taxreform
While I understand the general idea, that if some of us are paying taxes, others who owe them, should too, but given the IRS's history of abuse of their powers, the last thing we need is to give them more powers and oney for more audits.
The IRS should be abolished completely, instead. I personally like the idea of a "fair tax" on goods and services.
http://www.fairtax.org
To: FairOpinion
This so-called conservative president can spend YOUR money faster than any. Doesn't it bother most on this site or can't you take off the blinders.
2
posted on
02/01/2003 8:43:08 PM PST
by
Digger
Comment #3 Removed by Moderator
To: *Taxreform
To: Digger
But GWB is a good, honest (Even if he leaves our borders unprotected while saying he is doing everything to protect us), Christian (Even if he wants us to do more trade with a country that uses Christians as slave labor) man who just wants to do what is best for us!
5
posted on
02/01/2003 9:05:59 PM PST
by
Karsus
(TrueFacts=GOOD, GoodFacts=BAD))
To: FairOpinion
1-800-2-VETO-IRS
That is the national number of the Constiution Party.
6
posted on
02/01/2003 9:12:32 PM PST
by
Ahban
To: Karsus
One of the first things a Bushbot sites is the fact that GWB is a good Christian. My only thing about that is who cares? I frankly don't care about my president's religion(for the most part).
7
posted on
02/01/2003 9:19:43 PM PST
by
Sparta
(Statism is a mental illness)
To: Digger
Just another example of Kompassionate Konservatism.
DEFUND THE IRS!!!!
INSTITUTE THE NRST NOW!!!!!
8
posted on
02/01/2003 9:20:53 PM PST
by
Sparta
(Statism is a mental illness)
To: FairOpinion
How utterly disappointing.
I want to know the definition of "high-income taxpayers".
I hope that Congress has the guts to ignore Bush on this and keep on choking the animals at the IRS.
To: FairOpinion
The jobs headed for China and Mexico
NASA wants more money for their new plans
Homie land defense
A new military
War
Foreign Aid
Domestic Programs
Wide Open Borders
Affirmative Action
And now this....who is gonna pay for all this?....
To: FairOpinion
Did you really think that we want those laws to be observed? said Dr. Ferris. We want them broken. Youd better get it straight that its not a bunch of boy scouts youre up against - then youll know that this is not the age for beautiful gestures. Were after power and we mean it. You fellows were pikers, but we know the real trick, and youd better get wise to it. Theres no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there arent enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? Whats there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced nor objectively interpreted -and you create a nation of law-breakers - and then you cash in on guilt. Now thats the system, Mr. Rearden, thats the game, and once you understand it, youll be much easier to deal with. p.411, Ayn Rand, ATLAS SHRUGGED, Signet Books, NY, 1957
DO NOT -- REPEAT -- DO NOT READ THIS BOOK! IT WILL RUIN YOUR LIFE!! IT RUINED MINE.
To: FairOpinion
Other highlights of Bush's budget include:
* His 10-year, $674 billion economic growth plan, all but $4 billion of which are tax cuts.
* A proposal to give the states more leeway shaping Head Start programs for low-income preschoolers.
* An extra $12.7 billion over the next seven years for states that want to revamp the Medicaid benefits they provide in partnership with the federal government, though their money would be reduced in future years.
* His $400 billion, 10-year Medicare plan, though its details are unclear following congressional criticism from both parties.
* $399.1 billion for defense spending, from $382.2 billion this year.
* Freezes or only slight increases for many domestic programs, and cuts from others, including reduction of $144 million in Labor Department's employment and training programs.
* $41.3 billion for overall homeland security spending, up from $37.7 billion expected this year.
* Added resources for special education, school districts with many poor students, veterans' health care, preventing diseases, grants to communities for public housing, and battling AIDS in Africa and elsewhere abroad.
My take on the Bush budget:
(1) Support. Would like to see tax reform though.
(2) Would like to abolish the failed Head Start instead.
(3)and (4) Would like to abolish programs in question
(5) Not enough to repair Clintonista damage to the military
(6) A good start though I like the job training programs because they truly do help the economy by helping people get employment.
(7) When Congress stops defining everything under the sun as Homeland Security, I'll be open to support it.
(8) Bush wants be compassionate with my money.
12
posted on
02/01/2003 9:34:35 PM PST
by
Sparta
(Statism is a mental illness)
To: Lancey Howard
Well, I found an article which is encouraging, regarding the income taxes.
I just posted it. It seems to indicate, yet again, that Bush is smarter that people, sometimes even us, give him credit for.
Treasury Dept. proposes tax-free savings accounts (Stealth attack on income taxes? -- my title)
http://www.freerepublic.com/focus/news/834236/posts
To: joesnuffy
The wide open borders will not cost us a dime. We already get that with what we have now.
So I guess we have that going for us.
14
posted on
02/02/2003 12:46:07 AM PST
by
JSteff
(Use common sense and look at history first.)
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