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Entries from March 2010

IRS Employees Threatened with Death if they Enforce Healthcare Provisions

March 31st, 2010 · 6 Comments

“You can’t always get what you want.”  - The Rolling Stones – Mick Jagger might have been thinking about democracy when he wrote that line. I don’t like the new healthcare bill. I think it’s too expensive and I think it’s bad for the economy. Still, I accept it as the law of the land because it was passed by a majority [...]

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Tags: healthcare reform

James Clyburn, Van Cliburn, Race Baiting and Robert Frost

March 30th, 2010 · Comments Off

One difference between House Majority Whip James Clyburn and the virtuouso American pianist of the late 50′s and early 60′s, Van Cliburn, is that the former plays only the black keys. We have written before about the archaic antics of the always reliable, utterly predictable and wholly unoriginal Mr. Clyburn. Well, never one to let an opportunity pass to foment racial division, the congressman [...]

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Tags: healthcare reform · Opinion · Politics

Republicans, Democrats, Nasty Threats and the True Enemy

March 30th, 2010 · Comments Off

Members of the mainstream media are falling all over themselves to feign horror at the recent spate of nasty threats made to U.S. congressmen as a result of the newly enacted healthcare bill. I just watched Democrat Bob Shrum and former Republican Pat Buchanan on Morning Joe spar about which side of the political spectrum has been the more [...]

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Tags: News

IRS Tax Preparer PIN Numbers Required; Power Grab or Necessary Regulation?

March 30th, 2010 · 7 Comments

Today Joe Kristan blogged unhappily about what he calls the first phase of the IRS’s “power grab” over the tax preparation industry: Many well-meaning folks support the Shulman power grab because “something must be done” about bad preparers. This shows a touching faith in the ability of government regulation to solve problems that has no support [...]

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Tags: Regulation of Tax Preparers

Paying for Obamacare: Tax Hikes & Medicare Cuts

March 29th, 2010 · 4 Comments

The Tax Foundation issued the following News Release this weekend breaking down how the nearly $1 trillion healthcare bill will be financed: The $938 billion health care reform legislation finalized by Congress yesterday is financed primarily through net cuts to Medicare and an increased Medicare tax on high-income taxpayers, according to the Tax Foundation. The [...]

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Tags: healthcare reform · News

The Balloon Will Burst

March 28th, 2010 · Comments Off

David Gregory closed this morning’s edition of Meet the Press with the following statement about the newly enacted healthcare bill and Republican promises to repeal it: It’s very difficult to take  away a benefit from the American people once it’s been given. To even the casual observer of American politics and governance this is no revelation. Nevertheless, far [...]

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Tags: healthcare reform · Legislative Watch

IRS Installment Payment Plan Program Flawed

March 27th, 2010 · 1 Comment

It will surprise no one who regularly represents taxpayers that there are significant problems in the way the IRS processes collection cases. Now, courtesy of WebCPA, the Treasury Inspector General for Tax Administration (TIGTA), in a comprehensive study, has corroborated what most tax professionals already know (emphasis added): [W]hen delinquent taxpayers respond to balance-due notices from the IRS, [...]

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Tags: IRS procedure · Tax Collections