Congress is worried. Deficits are climbing. So
legislators have decided to make a thorough review of the endless
duplicative programs and wasteful outlays that fill the federal
budget.
Hah, hah, hah! No, Congress plans on beefing up the IRS to
squeeze more money out of people so legislators can keep wasting
money.
Congress is preparing to substantially increase the enforcement
resources of the Internal Revenue Service (IRS) in the FY 2010
Financial Services appropriations bill, representing a reversal
in the lethargic funding approved during the Bush
administration. This much-needed increase in resources is only
a first step in improving the enforcement of the tax code,
however, as observers say the IRS also needs to improve how it
uses its limited resources.
On July 9, the Senate Appropriations Committee near-unanimously
approved its version of the FY 2010 Financial Services bill,
which sets funding for the IRS, among other agencies, at $12.2
billon. That is an increase of $549.8 million over FY 2009
levels and $26.4 million more than requested by the Obama
administration.
The majority of the funding increase was directed to the
enforcement budget of the IRS, which grew to $5.5 billion, an
increase of $386.7 million over FY 2009 levels and equal to the
president's request. With the House and Senate set to begin
conference negotiations over the differences between its
Financial Services bills, these funding levels could change
somewhat before the final bill is passed. The House allocated
$22.4 million less to the total IRS budget than the Senate did,
but regardless of the final compromise, enforcement activities
are sure to receive a significant increase in funding over FY
2009 levels since both the House and Senate included the
president's requested increase.
Well, you wouldn't have spent the money on anything useful,
anyway. Better to let Congress use your money take care of
us!
Maybe the extra $26.4M is for a special "Congressional and Czar
Investigation" branch? There is clearly more money to be found
there than by fleecing the general public out of its "dimes."
Solo| 7.14.09 @ 9:37PM
The real money is in the upper income earners but the highest
return for the IRS is in the middle class.
Middle class earners can't afford the legal representation to
fight the bastards so they capitulate rather than risk losing
everything--even if they're in the right. The IRS knows this and
makes its attack plans accordingly.
Now, they'll have the man-power to do it even more effectively.
Hang on to your hats!
Political Diva| 7.15.09 @ 7:05AM
How about we start taxing the money members of Congress get for
their campaigns? The taxpayer who makes a contribution to a PAC
can't deduct it, but there's got to be a whoooole lotta revenue
potential in campaign dollars. (Oh wait....that would be taxing a
benefit for members of CONGRESS! Never mind....)
Solo is spot-on. They claim that they will be targeting 'smaller
international businesses and individuals', 'domestic taxpayers
with offshore activity', 'offshore tax shelters used by pension
plans', and 'complex international financial transactions', but
you know they will be targeting we middle-class homeowners:
mostly because, unlike the others mentioned, we don't have the
resources to fight them and, therefore, are more susceptible to
the menacing intimidation of the IRS.
I don't know about you, but I'm starting to feel like a boxer in
the tenth round of some noir film who refuses to fall, but keeps
getting pummelled by a much stronger opponent; I got rope burns
on my back and I can't see through one eye.
Quoted from and linked to this posting at:
http://www.thecampofthesaints.com/2009.07.12_arch.html#1247665181660
…character destruction. Call it what it is – Al Capone meets Fidel Castro. A friend emailed that Marxism is nothing more than a license to steal. People like Barack Obama and his cronies want to take everything those who have worked all their live s have accumulate and give it to their acolytes, to insure their electoral longevity. The difference between Obama and his Democratic minions is they’re…
Pete| 7.14.09 @ 7:56PM
Maybe the extra $26.4M is for a special "Congressional and Czar Investigation" branch? There is clearly more money to be found there than by fleecing the general public out of its "dimes."
Solo| 7.14.09 @ 9:37PM
The real money is in the upper income earners but the highest return for the IRS is in the middle class.
Middle class earners can't afford the legal representation to fight the bastards so they capitulate rather than risk losing everything--even if they're in the right. The IRS knows this and makes its attack plans accordingly.
Now, they'll have the man-power to do it even more effectively.
Hang on to your hats!
Political Diva| 7.15.09 @ 7:05AM
How about we start taxing the money members of Congress get for their campaigns? The taxpayer who makes a contribution to a PAC can't deduct it, but there's got to be a whoooole lotta revenue potential in campaign dollars. (Oh wait....that would be taxing a benefit for members of CONGRESS! Never mind....)
Robert Belvedere| 7.15.09 @ 9:04PM
Solo is spot-on. They claim that they will be targeting 'smaller international businesses and individuals', 'domestic taxpayers with offshore activity', 'offshore tax shelters used by pension plans', and 'complex international financial transactions', but you know they will be targeting we middle-class homeowners: mostly because, unlike the others mentioned, we don't have the resources to fight them and, therefore, are more susceptible to the menacing intimidation of the IRS.
I don't know about you, but I'm starting to feel like a boxer in the tenth round of some noir film who refuses to fall, but keeps getting pummelled by a much stronger opponent; I got rope burns on my back and I can't see through one eye.
Quoted from and linked to this posting at:
http://www.thecampofthesaints.com/2009.07.12_arch.html#1247665181660
Pingback| 7.17.09 @ 9:34AM
The Era of Barack Capone : The Pink Flamingo links to this page. Here’s an excerpt: