Taxes Articles

Republicans to Unveil 'Conservative Reform Alternative to Obamacare' in Senate

3:17 PM, Jan 26, 2014

The boss reported this morning on CBS that Republicans will unveil an alternative to Obamacare tomorrow in the Senate:

Said host Bob Schieffer, "Bill, you actually have some news, I understand, because you've learned that the Republicans are going to, what, present an alternative to Obamacare?"

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Leaving New York

11:27 AM, Dec 27, 2013

Seems that New York is about to be overtaken by Florida as the nation’s third most populous state. As Jesse McKinley of the New York Times reports, this is:

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A Win For the Federalists

10:56 AM, Nov 07, 2013

Their betters from both coasts spent big to enlighten the people of Colorado which, east of the Hudson, is considered one of those square states full of primitives who don’t know what is good for them.

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Half of Tax Returns Prepared by IRS Volunteers Completed Incorrectly

9:45 AM, Nov 07, 2013

A report issued in September and released this week by the IRS's Treasury Inspector General for Tax Administration (TIGTA) found continuing problems with the agency's Volunteer Program, which provides free tax preparation and electronic filing for "low- and moderate-income, elderly, disabled, and limited-English-proficient taxpayers."

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Harry Reid: 'Everybody ... Willing to Pay More' Taxes

4:22 PM, Oct 24, 2013

Senate majority leader Harry Reid says that "Everybody" is "willing to pay more" taxes. He said so in an interview with a Nevada Public Radio host.

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Europe Leads the Way?

In reducing the role of government in the ­economy, the U.S. is a laggard.
Oct 14, 2013

For much of the last century the United States was the world’s beacon for capitalism, but these days we’re far from such a lofty perch. Since the end of the Cold War, countries on both sides of the Iron Curtain have moved to reduce the role of government in the economy by changing the tax code as well as by privatizing government activities.

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Obamacare Medical Device Tax Causes One Company to Lay Off Over 1,000 People

8:17 AM, Sep 10, 2013

A Grand Rapids, Michigan report on a company that had to lay off over 1,000 people due to the Obamacare medical device tax:

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Latest Sequestration Victim: Corporate Tax Credits

1:26 PM, Aug 13, 2013

Sequestration has been blamed for everything from cancelled White House tours to military cutbacks that threaten national security to government worker furloughs.

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HHS: Small Businesses May Keep Current Health Plans in 2014, But Will Lose Tax Credit

3:37 PM, Jul 29, 2013

When the Affordable Care Act passed in 2010, one provision that kicked in immediately was a Small Business Health Care Tax Credit.  The IRS explains how the fairly generous credit works:

For tax years 2010 through 2013, the maximum credit is 35 percent for small business employers and 25 percent for small tax-exempt employers such as charities...

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Denial in Detroit as City Plans $400 Million Taxpayer Funded Hockey Arena

8:26 AM, Jul 27, 2013

The city of Detroit is unable to light or police its streets but it can provide circuses on ice for its (mostly unemployed) citizens.  While the city may have declared bankruptcy just the other day, as Chris Isidore of CNN reports:

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We Won't Tell, Promise

7:31 AM, Jul 25, 2013

If you are a U.S. senator and have a cool idea about taxes but are worried to speak it aloud for fear some of your constituents will peel your hide off in small strips ... well, there is hope.  A couple of your colleagues have come up with a plan.

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North Carolina to Cut, Reform Taxes to Boost Economy

7:10 PM, Jul 15, 2013

Republicans forged ahead in their effort to transform North Carolina into a reliably red state, with Gov. Pat McCrory and top legislature leaders agreeing Monday on a tax cut plan to boost economic growth and job creation.

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Ready for Action

11:11 AM, Jul 01, 2013

There is some movement in Washington toward reforming the tax code which may sound like mere legislation but, as Nancy Cook of the National Journal writes, is being treated more like combat by some interested parties.

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A Texan Takes Manhattan

With Gov. Rick Perry in New York.
Jul 01, 2013

New York City
"Look up the definition of poaching,” Rick Perry told his press secretary Josh Havens. Perry was annoyed at being accused, in headlines and news stories and by Democratic governors, of trying to “poach” companies from blue states and carry them off to Texas, where he is governor.

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IRS's National Taxpayer Advocate: Exempt Organizations Division May Have Violated the Law

7:21 AM, Jun 28, 2013

In a mid-year report to Congress, National Taxpayer Advocate Nina E. Olson weighed in on the controversy surrounding the IRS's review of exempt organization (EO) applications.

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House to Consider Tax on New Flu Vaccines

9:52 AM, Jun 18, 2013

The House of Representatives is scheduled Tuesday to consider a bipartisan bill to add new seasonal flu vaccines to the IRS definition of taxable vaccines.  The Senate has already reached an agreement to vote on its version of the bill without further debate if the House passes an identical version.  If passed into law, all new flu vaccines would become subject to the 75¢ per dose vaccine tax, and also become eligible to be included in the Vaccine Injury Compensation Program (VICP).  A summary of the bill provided by the House Republican Conference explains:

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IRS Staff Blame Washington for Targeting Conservatives

6:11 AM, Jun 06, 2013

The Wall Street Journal reports

Two Internal Revenue Service employees in the agency's Cincinnati office told congressional investigators that IRS officials in Washington helped direct the probe of tea-party groups that began in 2010.

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Dem. Congressman Blames IRS Victims For Being Targeted

"If you didn't come in and ask for this tax break, you would've never had a question asked of you."
10:57 AM, Jun 04, 2013

Congressman Jim McDermott, a Democrat,  said that the groups targeted by the IRS had it coming since they filed paperwork seeking a special tax status with the federal government:

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Apples & Lemons

10:57 AM, May 29, 2013

Bernie Becker and Kevin Bogardus write in The Hill that, according to “two top tax writers on Capitol Hill ... the case for tax reform has been strengthened by the recent revelations about Apple’s tax tactics and the Internal Revenue Service’s targeting of conservative groups.”

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Obama Signs Fundraising Email for 'Non-Partisan' Organizing for Action

9:24 AM, May 29, 2013

Today, President Obama personally became re-involved in his former campaign organization's new incarnation Organizing for Action.  On the same day he is scheduled to appear at two DCCC fundraisers in Chicago, the president of the United States sent the following email to OFA's mailing list, signed "Barack":

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Senators Call for Lois Lerner to Be Fired

3:34 PM, May 23, 2013

Senators Carl Levin and John McCain have written a letter calling for IRS employee Lois Lerner to be removed from office:

Mr. Daniel Werfel

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Inspector General Finds 5% Compliance Rate With Regulations on Certain IRS Contracts

8:41 AM, May 23, 2013

The Internal Revenue Service has come under heavy criticism from both Republicans and Democrats in recent days after an inspector general's report detailed "inappropriate criteria" used to identify certain applications of mainly conservative organizations for special review resulting in long delays in processing and invasive inquiries.

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Dem. Congressman on IRS Scandal: 'More Important than One Election'

9:31 AM, May 22, 2013

The Democratic ranking member of the House Oversight Committee, Elijah Cummings, said that today's IRS hearing "is more important than one election":

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Former IRS Chief Refuses to Apologize

11:59 AM, May 21, 2013

Texas senator John Cornyn asked former IRS chief Douglas Shulman to apologize to his constituents for the IRS's wrongdoings. Shulman refused. Here's the exchange:

"Mr. Shulman," said Cornyn, "I wonder if you have any words of apology for my constituents and others who feel like the public trust has been violated by IRS."

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Treasury Inspector General and Former IRS Commissioner: Law Is Relevant

11:12 AM, May 21, 2013

The inspector general who filed the report on the IRS targeting conservatives and former IRS commissioner agree: The law is relevant. The statements were made at a hearing today on Capitol Hill:

The statements are in response to Obama adviser Dan Pfeiffer who said over the weekend that the "law is irrelevant":

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Obama's Former Chief of Staff: Questions Had Been Raised About IRS

10:43 AM, May 21, 2013

President Barack Obama's former chief of staff, Jack Lew, the current treasury secretary, said today at a Capitol Hill hearing that he was aware "questions had been raised" about the IRS when he was at the White House:

"I was not aware of this audit until I met with the inspector general on March 15, 2013," Lew says.

A senator follows-up, "Had you heard of anything at the White House regarding -- "

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Former Commissioner: 'I Can't Say That I Know' How IRS Targeted Conservatives

Pleads ignorance.
10:16 AM, May 21, 2013

Testifying today on Capitol Hill, Douglas Shulman, the former IRS commissioner, says he "can't say" how the targeting of conservatives by the agency he once led happened: 

A senator asks, "If you could just very quickly, in a nutshell, bottom-line: How did this happen?"

"Mr. Chairman," Shulman says, "I can't say that I know that answer."

"But you were commissioner," says the senator.

"I'm six months out of," Shulman started. 

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Senator: 'Culture of Intimidation' at IRS Targeted Texas Conservatives

10:04 AM, May 21, 2013

Texas senator John Cornyn has released this video, titled "A Culture of Intimidation," about the IRS's targeting of conservatives in his home state and across the nation:

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He’s No Nixon

7:00 AM, May 21, 2013

The thoughtful Carl Cannon has written a piece, "Richard Milhous Obama," concluding that our current president has more in common with our 37th than President Obama's partisans would like to acknowledge. The estimable Victor Davis Hanson has weighed in, defending against liberal dissents the proposition that "Nixon Is a Fair Comparison" with Obama.

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Pfeiffer on IRS Scandal: 'Law Is Irrelevant'

9:22 AM, May 19, 2013

Obama aide Dan Pfeiffer was asked on TV this morning whether he thinks the IRS actions violated the law:

"Look, I can't speak to the law here," he said. "The law is irrelevant. The activity was outrageous and inexcusable."

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