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Keyword: taxes

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  • Hollande Asks ECB to Engage in Japanese Style Currency Debasement

    05/18/2013 10:28:39 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | May 18, 2013 | Mike Shedlock
    French president Francois has had enough of austerity but claims he "cannot do it alone". The Financial Times reports François Hollande goes on ‘offensive’ over stalled EU economy. François Hollande promised an “offensive” to bring “more growth and less austerity” to Europe as he launched a bid to resurrect his presidency. Mr Hollande said the first priority of his second-year “offensive” was a four-point plan to “get Europe out of its torpor” – concentrating on combating youth unemployment and a strategy of investment. “The number one objective is changing Europe’s direction to have more growth and less austerity,” he said....
  • Google insider exposes immoral tax scam [ Uber Libs don't pay taxes ]

    05/18/2013 5:29:53 PM PDT · by NoLibZone · 16 replies
    thesundaytimes.co.uk/ ^ | May 18 2013 | Simon Duke and Jon Ungoed-Thomas
    A FORMER Google executive has blown the whistle on a massive and immoral tax avoidance scheme that has cheated British taxpayers out of hundreds of millions of pounds over the past decade. Barney Jones, 34, who worked for the internet search giant between 2002 and 2006, has lifted the lid on an elaborate structure which diverts British profits through Ireland to the Bermuda tax haven. Although Googles London sales staff would negotiate and sign contracts with British customers, and cash was paid into a UK bank account, deals were technically booked through its Dublin office to minimise its liabilities here....
  • Taxes on some wealthy French top 100 pct of income: paper

    05/18/2013 5:14:45 PM PDT · by Beave Meister · 8 replies
    Reuters ^ | 5/18/2013 | Leigh Thomas
    More than 8,000 French households' tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data. The newspaper said that the exceptionally high level of taxation was due to a one-off levy last year on 2011 incomes for households with assets of more than 1.3 million euros ($1.67 million). President Francois Hollande's Socialist government imposed the tax surcharge last year, shortly after taking office, to offset the impact of a rebate scheme created by its conservative predecessor to cap an individual's overall taxation at 50 percent of income. The...
  • Outgoing IRS Chief: Taxes 'Voluntary'

    05/18/2013 3:27:33 PM PDT · by NoLibZone · 31 replies
    breitbart.com ^ | May 18 2013 | William Bigelow
    On Friday, former acting IRS Commissioner Steve Miller, testifying before the House Ways and Means Committee, said that Americas tax system is voluntary. Rep. Xavier Becerra (D-CA) agreed. Miller offered this perspective as he was grilled about his involvement in the IRS scandal wherein the IRS targeted conservative groups, particularly Tea Party organizations. This line has been used before by none other than Senate Majority Leader Harry Reid. Interviewed by Jan Helfeld in 2008, this is how the conversation went: Helfeld: If the government is in the business of forcefully taking money from some people in order to provide welfare...
  • [Obama Stooge] Lew asks Congress for debt increase, says its 'not open to debate'

    05/18/2013 12:07:17 PM PDT · by SoFloFreeper · 65 replies
    The Hill ^ | 5/17/13 | Peter Schroeder
    Treasury Secretary Jack Lew on Friday urged congressional leaders to raise the debt limit and insisted that the White House is not going to negotiate over the increase because lawmakers have "no choice." "We will not negotiate over the debt limit," Lew wrote. "The creditworthiness of the United States is non-negotiable. The question of whether the country must pay obligations it has already incurred is not open to debate." Lew said that while President Obama is willing to discuss plans to reduce the nation's deficit with Congress, those talks must be kept separate from any effort to raise the nation's...
  • What Are Taxes FOR Anyway ?

    05/18/2013 11:36:52 AM PDT · by knarf · 50 replies
    self ^ | Mayt 18, 2013 | knarf
    I got to thinking about all this tax talk on another thread and I wondered ... what do we need taxes FOR in the first place ...
  • [Flashback]The 47% Speaks: She's Voting for Obama Because He Gave Her a Free Phone

    05/18/2013 5:24:56 AM PDT · by Son House · 8 replies
    Rush Limbaugh News ^ | September 27, 2012 | Rush Limbaugh
    RUSH: Let's go back to the Grooveyard of Forgotten Favorites, the archives. Here's Ken Rogulski, our man in Detroit at WJR, our blowtorch affiliate there. In October 2009, people were in line for money from Obama's stimulus, and Ken Rogulski went out and talked to 'em. ROGULSKI: Why are you here? WOMAN #1: To get some money. ROGULSKI: What kind of money? WOMAN #1: Obama money. ROGULSKI: Where's it coming from? WOMAN #1: Obama. ROGULSKI: And where did Obama get it? WOMAN #1: I don't know, his stash. I don't know. (laughter) I don't know where he got it from,...
  • The Autocrat Accountants (Mark Steyn)

    05/18/2013 12:13:34 AM PDT · by neverdem · 20 replies
    National Review Online ^ | May 17, 2013 | Mark Steyn
    Speaking at Ohio State University earlier this month, Barack Obama urged students to pay no attention to those paranoid types who incessantly warn of government as nothing more than some separate, sinister entity. Oddly enough, in recent days the most compelling testimony for this view of government has come from the president himself, who insists with a straight face that he had no idea that the Internal Revenue Service had spent two years targeting his political enemies until he learned about it from the same news reports that I think most people learned about this. Like you, all he knows...
  • Mark Steyn: Everything now is a tax issue

    05/17/2013 3:34:41 PM PDT · by 2ndDivisionVet · 32 replies
    The Orange County Register ^ | May 17, 2013 | Mark Steyn
    Speaking at Ohio State University this month, Barack Obama urged students to pay no attention to those paranoid types who "incessantly warn of government as nothing more than some separate, sinister entity." Oddly enough, in recent days the most compelling testimony for this view of government has come from the president himself, who insists, with a straight face, that he had no idea that the Internal Revenue Service had spent two years targeting his political enemies until he "learned about it from the same news reports that I think most people learned about this." Like you, all he knows is...
  • Senate Immigration Bill Would Create $150 Million Slush Fund for Pro-Amnesty Groups

    05/17/2013 9:25:45 AM PDT · by jazusamo · 11 replies
    NLPC ^ | May 16, 2013 | Carl Horowitz
    Among the criticisms leveled at the new Senate immigration bill is the secretive manner in which it was written. And given the details, it's hardly any wonder that the eight senators overseeing the proceedings - the "Gang of Eight" - refused to hold hearings or debate until after the bill's release. Tucked away in the measure are two sections that would route a combined $150 million or more to "public or private, non-profit organizations" that are "community, faith-based or other immigrant-serving." Recipient groups could use funds to aid potentially tens of millions of illegal immigrants and family members to obtain...
  • Rick Scott rejects Amazon deal [Media attacks him for not raising taxes on Floridians]

    05/17/2013 7:00:28 AM PDT · by SoFloFreeper · 27 replies
    Bradenton Herald ^ | 5/17/13 | GARY FINEOUT
    Florida Gov. Rick Scott, who has made job creation his top priority since coming into office, has rejected a proposed deal to bring major Internet retailer Amazon to the state. After months of behind-the-scenes negotiations, Scott ultimately said no to a deal that would have led to the construction of at least one Amazon warehouse in the state and brought jobs along with it. Amazon's arrival in the state, however, would have meant that Floridians would have to pay sales tax on Internet purchases made through the company.
  • Weiners Wife Didnt Disclose Consulting Work She Did While Serving in State Dept.

    05/16/2013 9:49:00 PM PDT · by Second Amendment First · 9 replies
    NY Times ^ | May 16, 2013 | RAYMOND HERNANDEZ
    The State Department, under Secretary Hillary Rodham Clinton, created an arrangement for her longtime aide and confidante Huma Abedin to work for private clients as a consultant while serving as a top adviser in the department. Connect with NYTMetro Follow us on Twitter and like us on Facebook for news and conversation. Ms. Abedin did not disclose the arrangement or how much income she earned on her financial report. It requires officials to make public any significant sources of income. The disclosure of the agreement that Ms. Abedin made with the State Department comes as her husband, former...
  • Everyone Agrees That Tax Cuts Create Jobs

    05/16/2013 9:55:31 AM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 5/15/2013 | Jarrett Skorup
    Its a popular saying for many: "Tax cuts dont create jobs." Google it, and there are more than 100,000 results for that specific claim. At this point, it is a truism for liberal politicians and commentators that tax cuts are ineffective. In 2010, Gov. Rick Snyder ran a campaign around getting rid of the hated Michigan Business Tax, which was one of the first things accomplished by the new Legislature. The change overwhelmingly helped small businesses while shifting larger corporations to a much less complicated 6 percent flat tax. The result was a $1.7 billion business tax cut. Here are...
  • Anger? Wait 'til people do their taxes next year ...

    05/16/2013 9:41:45 AM PDT · by SeekAndFind · 40 replies
    American Thinker ^ | 05/16/2013 | Silvio Canto Jr.
    In about 9 months, Americans will come face to face with ObamaCare. It will happen when they sit down to fill out their tax returns. My guess is that most people will be angry. ObamaCare and the IRS will work hand in hand in the implementation of the law, as Byron York points out today: "A look at the text of the health care law reveals that much of it consists of amending the Internal Revenue Code to give the IRS more power. When Obamacare goes fully into effect in January, every American will have to prove to the IRS...
  • Going Galt

    05/16/2013 8:36:42 AM PDT · by Aspenhuskerette · 5 replies
    The Aspen Times (CO) ^ | May 16, 2013 | Glenn Beaton
    President Obama a few months ago signed a bill to increase taxes by $600 billion. The title of the bill is the American Taxpayer Relief Act. As for the fourth word of that title, if youre Obama, apparently you spell relief as follows: T-A-X-I-N-C-R-E-A-S-E. The president thereby achieved his goal of transferring more money away from the people who earned it with their labor over a lifetime and into the hands of people who earned it with their votes in November. As he relieved the former of the burden of their money, he thanked them: I just want to thank...
  • Franklin Graham calls IRS probe of ministry finances un-American

    05/16/2013 7:04:02 AM PDT · by KeyLargo · 10 replies
    Religion News.com ^ | May 15, 2013 | Adelle M. Banks
    Franklin Graham calls IRS probe of ministry finances un-American Adelle M. Banks | May 15, 2013 (RNS) Evangelist Franklin Graham blasted the Internal Revenue Service probe of conservative nonprofit groups as un-American, saying both the Billy Graham Evangelistic Association and the relief group Samaritans Purse were audited by the IRS. In a Tuesday (May 14) letter to President Obama, Graham said the two organizations he leads were notified last September that the IRS would review their records for the 2010 tax year. The IRS inquiry, he noted, occurred months after the BGEA ran ads in April 2012 supporting a North...
  • Another IRS scandal: agents illegally seized 60 million medical records

    05/16/2013 6:00:16 AM PDT · by KeyLargo · 32 replies
    Illinois Review ^ | May 16, 2013
    Thursday, May 16, 2013 May 16, 2013 Another IRS scandal: agents illegally seized 60 million medical records Image009And as if there's not already an abundance of problems at the IRS, another one erupts, involving 60 million private medical records of 10 million patients - including all California state judges - from Healthcare IT News: The Internal Revenue Service is now facing a class action lawsuit over allegations that it improperly accessed and stole the health records of some 10 million Americans, including medical records of all California state judges. According to a report by Courthousenews.com, an unnamed HIPAA-covered entity in...
  • IRS Targeting Pushed By Democrats Aided Obama Campaign

    05/15/2013 4:11:00 PM PDT · by raptor22 · 22 replies
    Investor's Business Daily ^ | May 15, 2013 | IBD EDITORIALS
    Scandal: Senate Democrats, including supporters of the Disclose Act, provided the names of groups they wanted targeted in a taxpayer-funded witch hunt overseen by an IRS employee and Obama campaign donor. Using the Citizens United case as a pretext, retiring Sen. Carl Levin, D-Mich., on July 27, 2012, wrote IRS Commissioner Douglas Shulman to investigate 12 conservative groups he accused of violating their tax-exempt status and engaging in coordinated political activity. The groups Levin asked to be targeted for special scrutiny were Crossroads Grassroots Policy Strategies, Priorities U.S.A., Americans Elect, American Action Network, Americans for Prosperity, American Future Fund, Americans...
  • So How Did Obamas Organizing for Action Get IRS 501(c)(4) Approval So Quickly?

    05/15/2013 9:00:39 AM PDT · by 2ndDivisionVet · 6 replies
    Jammie Wearing Fools ^ | May 15, 2013 | Jammie
    With Obamas IRS scandal mushrooming by the day, weve been learning that some applications for 501(c)(4) status have languished for years and while some targeted groups have simply given up since delays were so long. Yet curiously, some groups favorable to Obama or actually run by an Obama have been mysteriously sped up through the process. Lois Lerner, the senior IRS official at the center of the decision to target tea party groups for burdensome tax scrutiny, signed paperwork granting tax-exempt status to the Barack H. Obama Foundation, a shady charity headed by the presidents half-brother that operated illegally for...
  • Did Obama's IRS also harass pro-life groups?

    05/14/2013 7:13:34 AM PDT · by KeyLargo · 9 replies
    Illinois Review ^ | May 14, 2013
    Tuesday, May 14, 2013 Did Obama's IRS also harass pro-life groups? WASHINGTON - With the revelation that the Obama Administration's Internal Revenue Service harassed and beleaguered groups seeking tax exemption status if their names included "Tea Party" or "Patriots," and then later admitting they targeted groups with purposes of promoting limited government and other conservative missions, questions are being raised about other targeted groups. Were pro-life groups also a target of the staunchly pro-abortion Obama Administration? Chicago's Thomas More Society reported first dealing with IRS concerns from pro-life groups as early as 2009. When the Coalition for Life of Iowa...
  • Will The IRS Abuse Its ObamaCare Enforcement Powers Too?

    05/13/2013 6:08:48 PM PDT · by raptor22 · 54 replies
    Investor's Business Daily ^ | May 11, 2013 | IBD EDITORIALS
    Tax Abuse: As nonconservative groups complain of politically motivated targeting by the IRS, we're reminded it's the IRS that's going to be enforcing one of the greatest expansions of government power in our history. In recent days we've come to know what is meant by the adage that the power to tax is the power to destroy. Our country was born in revolt against taxation used by a tyrant to control and stifle liberty, and this is not the first president to abuse this power. Back in May 2009, Professor Glenn Reynolds, better known to his followers as Instapundit, wrote...
  • EDITORIAL: Assault on the First Amendment

    05/13/2013 9:26:37 AM PDT · by jazusamo · 12 replies
    The Washington Times ^ | May 13, 2013 | Editorial
    Joe Biden endorses a tax on blood and goreTaking legal advice from Joe Biden is dangerous, like taking his tips on home defense. The vice president who urges the ladies to deal with intruders by firing a shotgun at the dark now says theres no legal problem with imposing a violence tax on movies and video games. Mr. Biden endorsed the idea, proposed by the Rev. Franklin Graham at a White House meeting to plot strategy for enacting the presidents gun legislation. A sin tax would be imposed on video games such as Call of Duty and movies such Django...
  • The IRS: An Outlaw Tax Collector

    05/13/2013 9:12:52 AM PDT · by SeekAndFind · 16 replies
    National Review ^ | 05/13/2013 | The Editors
    On March 22, 2012, IRS commissioner Douglas Shulman testified under oath before the House Oversight Committee, which was inquiring as to whether the agency was targeting tea-party groups and other conservative organizations filing for tax-exempt status. He firmly and repeatedly denied that any such thing was happening. Theres absolutely no targeting, he said. A little over a year later, the IRS confirmed that it was in fact improperly targeting not only tea-party groups but also Jewish religious nonprofits and organizations inspired by Glenn Becks 9/12 Project. Lori Lerner, the IRS official in charge of tax-exempt organizations, told reporters on Friday...
  • President Obama refuses to fire IRS employees who illegally targeted conservative groups

    05/13/2013 3:38:25 AM PDT · by grundle · 34 replies
    wordpress ^ | May 12, 2013 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog President Obama refuses to fire IRS employees who illegally targeted conservative groups In May 2013, the Washington Post reported that the IRS had illegally targeted conservative groups for additional reviews. Organizations with the words “tea party” or “patriot” were singled out for harassment, such as requiring them to provide a list of donors, details about their internet postings on social networking websites, and information about their family members.When this was first reported by the media in May 2013, Lois Lerner, who heads the IRS division that had conducted these illegal activities, claimed that only low level...
  • Internal IRS Mandate: Be on Lookout for OrganizationsEducating on Constitution, Bill of Rights

    05/13/2013 3:51:53 AM PDT · by Olog-hai · 87 replies
    Cybercast News Service ^ | May 12, 2013 | Terence P. Jeffrey
    A timeline of Internal Revenue Service activities that was developed by the Treasury Inspector General for Tax Administration and provided to congressional staff indicates that early last yearas the nation was headed toward a presidential electionthe IRS issued a be on the lookout order (BOLO) for officials in its Determinations Unit to ferret out for heightened scrutiny organizations applying for tax exempt status that were involved in educating Americans on the Constitution and Bill of Rights. The inspector generals timeline indicates that as early as March 2010 the IRS Determinations Unit had begun targeting for special scrutiny organizations that used...
  • Wider Problems Found at IRS

    05/12/2013 7:53:56 PM PDT · by Innovative · 45 replies
    Wall Street Journal ^ | May 12, 2013 | JOHN D. MCKINNON and SIOBHAN HUGHES
    The Internal Revenue Service's scrutiny of conservative groups went beyond those with "tea party" or "patriot" in their namesas the agency admitted Fridayto also include ones worried about government spending, debt or taxes, and even ones that lobbied to "make America a better place to live," according to new details of a government probe. The investigation also revealed that a high-ranking IRS official knew as early as mid-2011 that conservative groups were being inappropriately targetednearly a year before then-IRS Commissioner Douglas Shulman told a congressional committee the agency wasn't targeting conservative groups.
  • Coming Next January: New Tax Form to Comply With Obamacare Mandate

    05/12/2013 5:05:49 PM PDT · by 2ndDivisionVet · 25 replies
    PJ Tatler ^ | May 12, 2013 | Rick Moran
    Ive been wondering how the IRS was going to determine whether taxpayers were complying with the individual mandate contained in Obamacare. I neednt have wondered. The IRS is a bureaucracy and what do bureaucracies adore almost as much as taxpayer-financed trips to Vegas for conferences? Forms, of course. When Obamacares individual mandate takes effect in 2014, all Americans who file income tax returns must complete an additional IRS tax form. The new form will require disclosure of a taxpayers personal identifying health information in order to determine compliance with the Affordable Care Acts individual mandate. As confirmed by IRS testimony...
  • When Myths Collide in the Capital

    05/12/2013 10:43:01 AM PDT · by Beave Meister · 12 replies
    The New York Times ^ | 5/11/2013 | MAUREEN DOWD
    THE capital is in the throes of dj vu and preview as it plunges back into Clinton Rules, defined by a presidential aide on the hit ABC show Scandal as damage control that goes like this: Its not true, its not true, its not true, its old news. The conservatives appearing on Benghazi-obsessed Fox News are a damage patrol with an approach that goes like this: Lies, paranoia, subpoena, impeach, Watergate, Iran-contra. (Though now that the I.R.S. has confessed to targeting Tea Party groups, maybe some of the paranoia is justified.) Welcome to a glorious spring weekend of accusation and...
  • Why Nevada Democrats Fun Tax is the New Coke of politics

    05/12/2013 9:10:13 AM PDT · by redreno · 15 replies
    http://www.lasvegassun.com ^ | Friday, May 10, 2013 | 2 a.m | By J. Patrick Coolican (contact)
    The Mini-Golf Tax. The Iron Man Tax. The Burning Man Tax. Im pretty sure most Nevadans enjoy one or more of those activities, which means if Democrats in the Legislature pass their new Nevada Entertainment and Admissions Tax, every Nevadan will curse them when they try to enjoy themselves on the weekend after a long workweek. Wow, this is stupid. So, instead of imposing a corporate tax on Wal-Mart like nearly every other state in the country, youre going to tax me when I go to the movie theater? So Ill pay $11.88 instead of $11? I love carrying 12...
  • Going Galt: More Americans Vote with their Feet against Obama (Beware of exit taxes, though!)

    05/11/2013 10:48:45 PM PDT · by 2ndDivisionVet · 26 replies
    Townhall Finance ^ | May 12, 2013 | Daniel J. Mitchell
    Ive written many times about how investors, entrepreneurs, small business owners and other successful people migrate from high-tax states to low-tax states. Well, the same thing happens internationally, as Frances greedy politicians are now learning. Its a lot harder for Americans to escape our tax system, though, in part because of reprehensible exit taxes that are disturbingly reminiscent of some of the awful policies of past totalitarian regimes. But it still happens, and thats a very damning indictment of Obamanomics and a worrying referendum on the future of the United States. Here are some blurbs from a recent Fortune article....
  • Obamacare: Taxpayers Must Report Personal Health ID Info to IRS

    05/11/2013 10:36:36 PM PDT · by garjog · 58 replies
    Americans for Tax Reform ^ | Friday, May 10, 2013 | John Kartch
    When Obamacares individual mandate takes effect in 2014, all Americans who file income tax returns must complete an additional IRS tax form. The new form will require disclosure of a taxpayers personal identifying health information in order to determine compliance with the Affordable Care Acts individual mandate. As confirmed by IRS testimony to the tax-writing House Committee on Ways and Means, taxpayers will file their tax returns reporting their health insurance coverage, and/or making a payment.
  • The New European Revolt

    05/11/2013 8:44:48 PM PDT · by Lorianne · 14 replies
    Zero Hedge ^ | 11 May 2013 | Tyler Durden
    President Hollande of France recently got a whiff of what is coming from an open letter addressed to him by a 20-year old student named Clara G. This will probably shock you, but it is mainly for fiscal reasons, simply because I do not feel like working all my life to pay taxes, a large part of which will only service the 1.9 trillion Euros of debt that your generation has kindly left us. If these borrowings had at least been invested to prepare the future of the country, if I was getting a small benefit from them, it would...
  • Some Hope Gas Tax Will Fund Bridge Repair, Construction

    05/11/2013 7:38:26 PM PDT · by Tolerance Sucks Rocks · 12 replies
    Southern Maryland Online ^ | May 11, 2013 | Amber Larkins
    ANNAPOLIS -- Republican Sen. Richard Colburn of Dorchester voted against Marylands recently passed gas tax increase, but now hopes some of the new money will go to replacing the Dover Bridge in his district. The new taxes, initially expected to raise prices at the pump by 4 cents a gallon this July, might help to expand funding for the rehabilitation and replacement of Marylands deteriorating bridges. As of April, 87 of the 2,572 Maryland State Highway Administration maintained bridges were structurally deficient, which doesnt mean they are unsafe, but that they have areas that need to be repaired or replaced,...
  • Does the Tea Party understand the Constitution? (Classic pretzel logic from the Left)

    05/11/2013 12:57:09 PM PDT · by 2ndDivisionVet · 36 replies
    Salon ^ | May 11, 2013 | John D'Amico
    The Right constantly claims devotion to our founding documents. The problem: Its policies completely violate them. Last month, 20 House Republicans, along with staffers from nearly 40 congressional offices attended the first meeting of the Congressional Tea Party Caucus. The three premises behind the Caucus, according to Rep. Michele Bachmann (R-Minn.), who emceed the event, are were taxed enough, we spend less than we take in, and we follow the Constitution. This purported devotion to the founding documents echoes the themes reverberated at the Conservative Political Action Conference (CPAC) in March, where Sarah Palin and former Rick Santorum declared that...
  • Extra IRS scrutiny on conservative applications shows 'corruption,' Palin says

    05/11/2013 12:20:20 PM PDT · by 2ndDivisionVet · 35 replies
    CNN ^ | May 11, 2013 | CNN Political Unit
    <p>Sarah Palin said the Internal Revenue Service's recent scrutiny of conservative groups seeking tax-exempt status is a sign of "corruption at the heart of big government" in Washington.</p> <p>"So many Americans knew this was happening, but many felt defenseless and even helpless against a government that seems to roll along without accountability or sense of obligation to the people it's supposed to serve. These Americans were mocked for being concerned about this, but now we see light shining on the truth, finally," she wrote in an online posting shortly after the IRS acknowledged it made "mistakes" in handling the applications of tea party groups.</p>
  • The Republican Party's Road Back to Victory

    05/11/2013 11:50:13 AM PDT · by Innovative · 21 replies
    Real Clear Politics ^ | May 10, 2013 | Peter Wehner
    If Republican leaders were to fully embrace a conservative reform agenda, it would address pressing national needs. It would position the GOP as forward looking, contemporary, and have appeal to swing voters. It would demonstrate a commitment to a brand of conservatism that is practical rather than narrowly ideological. And it contrasts well with todays reactionary liberalism, by which I mean liberalism that opposes virtually every effort to reform institutions and programs that are sclerotic, outdated, and ineffective. .... There are five obvious areas for Republicans to focus on, beginning with entitlement reform ... A second area Republicans should focus...
  • Biden Joins the Supply Siders Pushes Tax on Violence

    05/11/2013 11:38:38 AM PDT · by Starman417 · 6 replies
    Flopping Aces ^ | 05-11-13 | Jack Inglewood
    Supply-siders, led by Arthur Laffer, have made the case that taxes affect behavior a proposition rejected by the Obama Administration until now. In a closed-door meeting at the White House, Vice-President Biden endorsed a new tax on violence, a move that would force film producers, writers and software developers to reconsider the material they are creating. In essence, Mr. Biden is conceding that a higher tax would impede development and encourage creators to move their energies toward other endeavors. According to participants in the meeting, the vice president endorsed evangelical preacher Franklin Grahams proposal to tax movies, books and...
  • IRS official apologizes to tea party groups for "incorrect" scrutiny during 2012 election

    05/10/2013 6:58:45 PM PDT · by 2ndDivisionVet · 38 replies
    CBS News / The Associated Press ^ | May 10, 2013 | Jake Miller
    An IRS official apologized on Friday to tea party organizations and other conservative groups for inappropriately targeting them during the 2012 election, the Associated Press reports. The groups, which enjoyed tax-exempt status under the internal revenue code, were singled out for additional scrutiny of their tax exemption if their names included the words "tea party" or "patriot." In several cases, the groups were asked to provide a list of donors for review, usually a violation of IRS policy. "That was wrong. That was absolutely incorrect, it was insensitive, and it was inappropriate. That's not how we go about selecting cases,"...
  • Everyone Agrees: Tax Cuts Create Jobs

    05/10/2013 8:34:17 AM PDT · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 5/10/2013 | Jarrett Skorup
    Its a popular saying for many: "Tax cuts dont create jobs." Google it, and there are more than 100,000 results for that specific claim. At this point, it is a truism for liberal politicians and commentators that tax cuts are ineffective. In 2010, Gov. Rick Snyder ran a campaign around getting rid of the hated Michigan Business Tax, which was one of the first things accomplished by the new Legislature. The change overwhelmingly helped small businesses while shifting larger corporations to a much less complicated 6 percent flat tax. The result was a $1.7 billion business tax cut. Here are...
  • Tax movies, strip clubs, gyms? Thats Nevada legislators proposal

    05/09/2013 9:23:10 AM PDT · by redreno · 24 replies
    http://www.lasvegassun.com ^ | 05/09/2013 | By Anjeanette Damon (contact) Anjeanette Damon
    The Legislatures attempt to craft an entertainment tax in 2003 read a little bit like the childrens story of the hen who couldnt persuade her barnyard animal friends to help her gather and grow grain for the winter. Lawmakers then considered a proposal by the Nevada Taxpayers Association to tax admissions to nearly every form of entertainment and recreation. But when it came time to write the bill, a common refrain was sounded by many targeted for the tax. Not I! said the movie theaters. Not I! said the Las Vegas Motor Speedway. Not I! said the baseball parks, bowling...
  • SHIPMAN: The biggest tax catch: Obama may go angling for a levy on wealth

    05/09/2013 6:51:20 AM PDT · by SeekAndFind · 24 replies
    Washington Times ^ | 05/09/2013 | By William G. Shipman
    While pundits, politicians and economists are distracted by marginal tax rates and a possible Internet sales tax, President Obama may be preparing for the biggest of all trophies: a wealth tax. He doesnt say this, of course, but he is baiting his hook, and looking for the optimal place and time to cast his line. Most people dont see this coming. Should it happen, though, it will be very difficult to protect yourself. This all started at least the public part with the presidents 2014 budget, which proposes to limit tax-deductible saving to an amount that will provide...
  • The Faux Battle Over Online Sales Taxes

    05/08/2013 11:03:16 AM PDT · by redgolum · 37 replies
    now the battle is joined. The Senate has passed, sending to The House, a bill that would impose a requirement that online merchants submit to state tax collection in states where they have no physical presence. To try to make this more palatable they are exempting businesses with less than $1 million in annual sales, but this doesn't matter when you get down to brass tacks. Amazon, WalMart and other large retailers with online presence are supporting this move. This sounds insane, but it in fact is not -- it is yet another attempt to destroy their competition using the...
  • Sarah Palin Hammers Republicans Who Voted For New Internet Tax

    05/07/2013 5:11:46 PM PDT · by 2ndDivisionVet · 43 replies
    A Time For Choosing ^ | May 7, 2013 | Gary P. Jackson
    Disgusted and fed up like the rest of us, Sarah Palin rips members of the Republican Party a new one over their support for the so-called Marketplace Fairness Act a sales tax on internet purchases. More new taxes? How can we be divided on new taxes? In this horribly weak economy with an over-reaching, over-spending, anti-small-business government continually making the wrong decisions, Republicans cant even stay committed to No New Taxes? Please step away from your Washington, DC bubble and get back in touch with the hard working people who sent you there. Read the planks in our partys platform...
  • For Cruz, Reid & Boehner: If the interest pymt on the federal debt is done 1st, how can we default?

    05/07/2013 7:00:09 AM PDT · by Laissez-faire capitalist · 6 replies
    5/7/2013 | Laissez-Faire Capitalist
    We have had a tax increase implemented. Now, with the additional revenues (taxes) added onto what we were previously taking in each year ($2.3-2.4 trillion dollars), we will still be able to make the interest payment (about $425 billion annally or $35 billion per month) on the federal debt outstanding... And thus we cannot default. After that, we use the remaining tax dollars to pay for Social Security, then Medicare, Medicaid, unemployment benefits, food stamps and a very large portion of our military budget. So... why do we need to borrow another $1 trillion plus in May?
  • Lauryn Hill Blames Slavery as She's Jailed for $500,000 Unpaid Tax Bill

    05/07/2013 5:54:21 AM PDT · by mandaladon · 46 replies
    IBT ^ | 7 May 2013 | Dominic Gover
    Reclusive soul superstar Lauryn Hill has been jailed over an enormous unpaid tax bill. Fugees singer Hill, 37, was sentenced to three months' jail followed by three months' home confinement for failing to pay $500,000 to the taxman in the United States. Hill claimed the sum was outstanding because she had "withdrawn from society" after alleged threats against her family. She was imprisoned after failing to pay the amount within the stipulated two-week timeframe. During her trial, Hill was ordered by the judge in Newark, New Jersey to undergo counselling because of her conspiracy theories - including that artists are...
  • U.S. Senate Roll Call Votes 113th Congress [Roll Call Vote For INTERNET TAX]

    05/07/2013 2:37:05 AM PDT · by SoFloFreeper · 27 replies
    Senate.gov ^ | 5/6/13 | 100 Senators
    Vote Summary Question: On Passage of the Bill (S. 743, as amended ) Vote Number: 113 Vote Date: May 6, 2013, 06:12 PM Required For Majority: 1/2 Vote Result: Bill Passed Measure Number: S. 743 (Marketplace Fairness Act of 2013 ) Measure Title: A bill to restore States' sovereign rights to enforce State and local sales and use tax laws, and for other purposes.
  • Governor Palin: More New Taxes? (Updated)

    05/06/2013 9:34:03 PM PDT · by Bratch · 12 replies
    Conservatives4Palin ^ | May 06 2013 | Steve Flesher
    Governor Palin via Facebook: More new taxes?How can we be divided on new taxes? In this horribly weak economy with an over-reaching, over-spending, anti-small-business government continually making the wrong decisions, Republicans cant even stay committed to No New Taxes?Please step away from your Washington, DC bubble and get back in touch with the hard working people who sent you there. Read the planks in our partys platform and then read our lips. Learn from history or face repeating it: NO NEW TAXES.- Sarah Palin The Governor also took to Twitter and released the following:
  • Senate passes internet sales tax bill amid opposition from conservatives

    05/06/2013 4:31:33 PM PDT · by ConservativeInPA · 198 replies
    The Guardian ^ | Monday, May 6, 2013 | Dominic Rushe
    The US Senate on Monday passed a bill aimed at ending tax-free shopping on the internet but the move looks set to face fierce opposition before it becomes law. The Marketplace Fairness Act, which has cross-party supporter and the backing of powerful retailers, would give states the power to require retailers with sales over $1m to collect state and local sales taxes for online purchases.
  • Sen. Ted Cruz slams Internet sales tax bill

    05/06/2013 9:21:32 AM PDT · by jazusamo · 32 replies
    The Washington Times ^ | May 6, 2013 | Seth McLaughlin
    Freshman Sen. Ted Cruz, emerging as a leading voice of Capitol Hill conservatives, said Monday that it is incomprehensible that the Senate is close to passing a bill that would require booming Internet retailers to collect state sales taxes, warning that the move will kill jobs and hurt the economy. Mr. Cruz, a Texas Republican and tea party favorite, called the Internet a thriving ecosystem that has allowed new businesses to compete in the national marketplace in ways that would have been impossible 15 years ago, and it empowers consumer choice. But tax-hungry politicians view the Internet as yet another...
  • Online sales tax set to pass in Senate [Media Yawns at Democrats Increasing the Cost of Living]

    05/06/2013 6:50:55 AM PDT · by SoFloFreeper · 48 replies
    CBS ^ | 5/6/13
    The Senate on Monday is poised to pass an Internet sales tax bill with strong bipartisan support, in spite of opposition from traditionally influential conservative groups and weak public backing. The Marketplace Fairness Act, which easily cleared a set of procedural Senate votes in recent weeks, wouldn't technically impose any new taxes. Instead, it would give state governments the ability to collect Internet sales taxes from businesses headquartered outside of their respective state borders -- taxes that are technically already owed. Consumers are expected to declare those taxes on their state income tax returns but often don't.