Archive for the ‘Taxation’ Category

HAPPY TAX DAY !

Wednesday, April 18th, 2018

 

The waste of our taxpayer money is described in excruciating detail in this article. Try to smile  as you write your check to the IRS !   Nancy   

HAPPY TAX DAY !

Happy Tax Day! Here’s a $75,000 Puppet Show, Courtesy Of Your Paycheck

April. 17. 2018
PLEASE CLICK ON THE LINK TO VIEW THE ARTICLE
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VIDEO PRAGER U WHAT YOU NEED TO KNOW ABOUT PLANNED PARENTHOOD

Monday, February 19th, 2018

 

VIDEO PRAGER U   what you need to know about Planned Parenthood

www.prageru.com/videos/what-you-need-know-about-planned-parenthood

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VIDEO – DAVOS – CEO’S FROM WORLDWIDE COMPANIES TELL TRUMP THEY ARE INVESTING MORE IN THE U.S.

Friday, January 26th, 2018

 

Watch President Trump at a meeting with CEO’s from major companies from around the world as they explain how their companies are going to be investing in the U.S. economy.    Nancy

VIDEO – America First: European CEOs Go One By One To Tell Trump They Are Investing Billions Back In The US

www.weaselzippers.us/372532-america-first-european-ceos-go-one-by-one-to-tell-trump-they-are-investing-billions-back-in-the-us/

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THE IRS EVADES ACCOUNTABILITY

Thursday, January 11th, 2018

 

THE WALL STREET JOURNAL

The IRS Evades Accountability—and Its Excuse Is Ridiculous

It claims its rules lack a ‘significant economic impact’ because they’re ‘derived from’ statutes.

By John J. Vecchione and James Valvo     Mr. Vecchione is president and CEO of Cause of Action Institute, where Mr. Valvo is counsel and a senior policy adviser.   January 10, 2018
EXCERPT FROM THIS ARTICLE:  

Specifically, the White House should demand that the IRS submit all rules to the Office of Information and Regulatory Affairs for review. It should make it known that it will delay the implementation of any new rules until the IRS conducts the requisite economic analysis. And the Senate should demand that President Trump’s nominee for IRS commissioner—who has yet to be named—publicly commit to reforming this practice. Anyone who wants to lead the IRS should promise to produce economic analyses for proposed rules and share that information with the public.

No agency has more influence over every taxpayer than the IRS. It’s time for oversight of that agency to match its unparalleled role in Americans’ lives.

 
 

Every American knows the Internal Revenue Service collects taxes and audits taxpayers. Fewer realize that the agency also issues far-reaching rules that affect the entire economy. Any agency with such vast rule-making power deserves the highest level of scrutiny and accountability. The IRS is in particular need of oversight following the scandals that have engulfed it in recent years.

Yet a new report from the Cause of Action Institute reveals that the IRS has been evading numerous oversight mechanisms, and it refuses to comply with laws requiring it to measure the economic impact of its rules.

Congress has passed several laws, including the Regulatory Flexibility Act and the Congressional Review Act, that require agencies to report on their rules’ economic impact to lawmakers and the public. The president also conducts oversight of agency rules through the White House Office of Information and Regulatory Affairs. These good-government measures are meant to ensure unelected bureaucrats can be checked by the public.

Crucially, they are all triggered by an initial determination by the agency of whether its new rule will have a “significant economic impact.” But as our report shows, the IRS has made up a series of exemptions that allow it to avoid basic scrutiny. The agency takes the position that its rules have no economic effect because any impact is attributable to the underlying law that authorized the rule, not the agency’s decision to issue or alter the rule.

The IRS prominently used this excuse in 2016. It had proposed changes to the way it valued interests in closely held businesses for estate- and gift-tax purposes. This rule would have had a dramatic effect on thousands of small businesses and family farms and their inheritors. The affected communities reacted strongly, but the IRS still asserted the rule was only interpretive. It provided no more than the boilerplate statement that any economic effect “is derived from the operation of the statute, or its intended application, and not from the proposed regulations in this notice of proposed rule-making.”

This is pablum. Were it correct, rules from every federal agency would be exempt from oversight, since all agency rules are based in statute. If other agencies adopted this mind-set, it would gut oversight of the regulatory state by the elected branches.

The IRS did submit the rule to the Small Business Administration’s Office of Advocacy for comment on how it would affect small businesses. That office firmly rejected the IRS claim that the rule was exempt from economic analysis. The IRS brushed aside the SBA’s argument, but the Trump Treasury Department halted this ill-advised rule.

Yet the IRS’s brazen assertion of immunity from oversight remains in place. It first bestowed the economic-impact exemption on itself in 1998, after Congress amended the Regulatory Flexibility Act expressly to cover IRS interpretive rules. The IRS Office of Chief Counsel issued a notice claiming that its interpretive rules do not have an economic impact, an outrageous assertion meant to help the agency avoid the new law. The IRS originally stated that only the “revenue impact”—the amount of money collected and transferred to the Treasury—was exempt from analysis. It has since broadened this claim to evade White House review and the Congressional Review Act. The IRS now asserts the exemption for all “effects” from its rules, including macroeconomic impacts, behavioral changes, compliance costs, and record-keeping and reporting burdens.

Criticism of the IRS position goes beyond the SBA. Members of Congress and the Government Accountability Office have also called for reform of this baseless practice. Congress and President Trump should step in to correct this dubious behavior and ensure the IRS is held accountable for its actions.

Specifically, the White House should demand that the IRS submit all rules to the Office of Information and Regulatory Affairs for review. It should make it known that it will delay the implementation of any new rules until the IRS conducts the requisite economic analysis. And the Senate should demand that President Trump’s nominee for IRS commissioner—who has yet to be named—publicly commit to reforming this practice. Anyone who wants to lead the IRS should promise to produce economic analyses for proposed rules and share that information with the public.

No agency has more influence over every taxpayer than the IRS. It’s time for oversight of that agency to match its unparalleled role in Americans’ lives.

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HOW TAX CUTS WILL AFFECT FAMILIES

Thursday, December 28th, 2017

 

VIDEO

CBS asked an accountant how tax cuts will affect families.

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LOIS LERNER DOESN’T TRUST YOU

Tuesday, November 21st, 2017

 

Lois Lerner Doesn’t Trust You

“You can’t handle the truth,” the former IRS official tells the American people.

IRS official Louis Lerner testifies before the House Oversight and Government Reform Committee on Capitol Hill, May 22, 2013. PHOTO: PETE MAROVICH/BLOOMBERG
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VIDEO – SHARYL ATTKISSON INTERVIEW OF REPRESENTATIVE KEN BUCK – WHY THE SYSTEM IN WASHINGTON IS BROKEN

Thursday, October 5th, 2017

 

This information from Representative Ken Buck confirms what many of us felt was going on in Washington and why the system is broken.    Nancy

 

VIDEO – SHARYL ATTKISSON INTERVIEWS REPRESENTATIVE KEN  BUCK , REPUBLICAN,  ABOUT THE NATURE OF WASHINGTON POLITICS

www.youtube.com/watch?v=mIiozu2g12I

 

 

FULL ARTICLE  –  CLICK ON LINK FOR FULL ARTICLE

fullmeasure.news/news/cover-story/bucking-the-system

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THE SLOW DEATH OF THE REPUBLICAN PARTY – BRENT BOZELL

Tuesday, August 29th, 2017

 

www.breitbart.com/big-government/2017/08/27/exclusive-brent-bozell-the-slow-death-of-the-republican-party/

Exclusive – Brent Bozell: The Slow Death of the Republican Party

Brent Bozell III27 Aug 2017

Kris Connor / Getty Images

5,172

The Grand Old Party is about to commit suicide.

All this talk about Trump this, and Trump that, masks a far bigger political controversy. The Republican Party leadership in Washington, D.C., has fundamentally betrayed its constituents and they are about to learn that they’ve been double-crossed — for years.

Every Republican candidate’s stock speech sounds the same, the thunderous roar about a government out of control, federal spending out of control (insert charts and graphs and why, if you stack hundred dollar bills, they will reach the edge of the universe), federal taxes out of control (insert comparisons to socialist countries), the federal bureaucracy out of control (insert metaphors about chains, yokes, and the like), the family shattered with federal funding of abortion a crime against humanity (watch for it — there! The heart-wrenching sob), and our military is emasculated.

Two more items were added to the menu, courtesy of Obama. Obamacare Will Be Repealed! and Illegal Immigration Will Not Stand!

In 2009, the Democrats controlled everything, partly due to the Republicans’ cowardice on Capitol Hill, and in part because of some of the most inept candidates and campaigns America has seen in years. The Obama folks could have played it safe but went for socialist gold, using the power of the legislative and the executive branches (and later the judiciary, thank you Justice Roberts) to advance their agenda.

That included federal spending on a level unmatched in human history resulting ultimately in a $19 trillion in debt we simply cannot pay, and with so many tens of trillions of dollars in unfunded liabilities that “infinity” is not far behind. One seventh of the economy was confiscated by the federal government with the passage of Obamacare. Our national borders were declared open and discussions over our national sovereignty closed. And to top it off, the Democrats all but declared themselves above the law.

The GOP harrumphed that this would not stand, by God! If only… if only America would vote them into the majority.

In 2009, the Tea Party was born. The Grand Old Party was rejuvenated. Happy days were here again.

(more…)

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OUR NARCISSIST PRESIDENT IS WINNING !

Wednesday, June 7th, 2017

 

Forget What You Hear: Our Narcissist President Is Winning

I first became aware of Donald Trump in the late seventies.  I was not impressed.  In fact, I didn’t like him.  I thought he was a braggart and a man who went out of his way to disrespect women.  I wouldn’t have said so at the time, but he was clearly a narcissist.

Growing up in an Italian neighborhood in the Bronx, I have been around men like him all my life.  They’re going to do this; they’re going to do that.  They have this; they have that.  I took him to be a person so full of himself that his company would be unbearable.

I didn’t give him much hope of winning the presidency, either, but as election day neared, friends would ask what I thought a Trump presidency would look like.  Forced at that point to think about it, I would say that as a businessman, at least he would make quality appointments to the power positions in his administration – you can’t run a successful business without being able to delegate authority to a strong team of employees. 

As far as Trump’s narcissism, I’m not sure that hurts him as a president.  Sure, he could show better discretion with what he says – he does seem to have an almost Plaxico Burress-type dedication to shooting himself in the foot (see L’Affaire Comey).  Yet I think you need to have a certain amount of narcissism to be a successful president, although it doesn’t guarantee success. 

Just look at our second-most recent president, a solipsist so narcissistic he actually thought his mere presence would slow the rise of the oceans and heal the planet.  Barry took narcissism to a new level, seemingly believing himself some kind of god, a belief fed by the nearly total hagiographic coverage he received from the Fourth Estate, our once nationally treasured free press, reduced to sycophantic (more like “sycofanatic”) exaltation of the “light bearer,” the man with the “crease.”

The difference between Barry’s narcissism and Trump’s is this: Trump is the guy who looks at the most beautiful girl at the party and says, “I can get her number.”  Barry would look at the same girl and say, “She wants me.”  Trump would then pursue the girl, and Barry would walk away, because obviously, she is not good enough for him, and besides, someone told him there’s a mirror in the next room. 

(more…)

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HOW THE MILITARY RATES OBAMA’S LEGACY

Sunday, June 4th, 2017

 

Please note that this article from the Military Times was written on January 8, 2017 at the very end of Obama’s term of office.  Nancy
HOW THE MILITARY RATES OBAMA’S LEGACY
By Leo Shane III and George R. Altman    January 8, 2017
President Barack Obama will step down after eight years as commander in chief with one of the most influential tenures leading the U.S. military, but not necessarily the political support of service members. 

His moves to slim down the armed forces, move away from traditional military might and overhaul social policies prohibiting the service of minority groups have proven divisive in the ranks. His critics have accused him of trading a strong security posture for political points, and for allowing the rise of terrorists like the Islamic State group whom the wars in Iraq and Afghanistan were supposed to silence.

But Obama’s supporters define him as the Nobel Peace Prize winner who ordered the elimination of Osama bin Laden and refocused military strategy while wrestling with an uncooperative Congress and unprecedented budget restrictions. They insist the military is more nimble now, and more prepared to deal with unconventional warfare against non-traditional threats across the globe.

More than half of troops surveyed in the latest Military Times/Institute for Veterans and Military Families poll said they have an unfavorable opinion of Obama and his two-terms leading the military. About 36 percent said they approve of his job as commander in chief. 

Their complaints include the president’s decision to decrease military personnel (71 percent think it should be higher), his moves to withdraw combat troops from Iraq (59 percent say it made America less safe) and his lack of focus on the biggest dangers facing America (64 percent say China represents a significant threat to the U.S.)

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