Thursday, June 6, 2013
The IRS Scandal, Day 28
- IRS Statement Regarding Two Employees Put on Administrative Leave
- Statement of Acting IRS Commissioner Daniel Werfel
- ABC News: IRS Suspends Two After Probe of Lavish Conferences
- Bloomberg: Republicans See IRS Bias as Democrats Cite Mistakes
- CNN: Partisan Views of IRS Targeting: Political Conspiracy or Overzealous Scrutiny
- Ann Coulter: Tips for Right-Wingers on the IRS Scandal
- Daily Caller: IRS Also Lied About Costs of Conferences, Coburn Letter Indicates
- Daily Caller: IRS Employees: Washington IRS Official Carter Hull Oversaw Targeting of Conservative Groups
- Fiscal Times: IRS Overkill on Tea Party: 64 Million Pages of Records
- Fox News: Coburn: Treasury Gave 'Inaccurate' Info on IRS Conference Spending Last Year
- Investor's Business Daily: Soros Groups Dodged Scrutiny, Pushed Tea Party Profiling
- DickMorris.com: Obama’s Tax Audit Strategy
- DickMorris.com: The Wife Behind The IRS Audits: Susan Anderson
- New York Times: IRS Suspends Two for Taking Gifts
- NewsMax: Cincinnati IRS Employee: I Was ‘Essentially a Front Person’ for Washington
- Politico: Daniel Werfel’s IRS Discipline Wins Praise on Hill
- Politico: IRS-Targeted Groups cry Foul After Playing GOP Politics
- Wall Street Journal op-ed: What Enron and the IRS Have in Common, by Steven Law
- Wall Street Journal: IRS Staff Cite Washington Link; Two Workers Tell Congress That Agency Officials Helped Direct Tea-Party Reviews
- Wall Street Journal: 'Modern Family' Star's Nonprofit on IRS List
- Wall Street Journal: Two IRS Employees Put on Leave Over Conference
- Washington Examiner editorial: What Were IRS Biggies Really Doing at the White House?
- Washington Post: Conflicting Laws and IRS Rules Feed confusion Over Tea Party's Tax Status
- Washington Post: Conservative Groups Targeted by IRS Testify That Agency Demanded They Curtail Activities
- Washington Post: How Many Non-profits' Applications Are Still Caught in IRS Limbo? Nobody Knows
- Washington Post: No Evidence of Wide IRS Conspiracy
- Washington Post: Two IRS Officials Put on Administrative Leave for Accepting Gifts at Calif. Conference
- Washington Times; MSNBC Host Martin Bashir: IRS Is the New N-word in ‘War’ on Obama
- Weekly Standard: Dem. Congressman Blames IRS Victims For Being Targeted
Prior TaxProf Blog coverage:
- IRS Admits to Targeting Conservative Groups in 2012 Election (May 10, 2013)
- WaPo and WSJ Agree: IRS Targeting of Conservatives Is Appalling (May 11, 2013)
- Schmalbeck on the IRS 'Targeting' of Conservative Groups (May 12, 2013)
- The Deepening IRS Scandal (May 13, 2013)
- The IRS Scandal, Day 5 (May 14, 2013)
- Jon Stewart and Vic Fleischer on the IRS Scandal (May 14, 2013)
- Inspector General: Ineffective IRS Management Allowed Agents to Target Conservative Groups (May 14, 2013)
- The IRS Scandal, Day 6 (May 15, 2013)
- Ellen Aprill, The TIGTA Report on the IRS Scandal: Questions About the IRS and About the Report (May 15, 2013)
- Phillip Hackney, The TIGTA Report on the IRS Scandal: Be on the Lookout for False Partisan Witchunts (May 15, 2013)
- The IRS Scandal, Day 7 (May 16, 2013)
- The IRS Scandal, Day 8 (May 17, 2013)
- The IRS Scandal, Day 9 (May 18, 2013)
- The IRS Scandal, Day 10 (May 19, 2013)
- SNL on the IRS Scandal (May 19, 2013)
- The IRS Scandal, Day 11 (May 20, 2013)
- The IRS Scandal: Really?! (May 20, 2013)
- The IRS Scandal, Day 12 (May 21, 2013)
- Steven Colbert on the IRS Scandal (May 21, 2013)
- The IRS Scandal, Day 13 (May 22, 2013)
- The IRS Scandal, Day 14 (May 23, 2013)
- The IRS Scandal, Day 15 (May 24, 2013)
- Jon Stewart and Steven Colbert on the IRS Scandal (May 24, 2013)
- The IRS Scandal, Day 16 (May 25, 2013)
- Jason Jones on the IRS Scandal (May 25, 2013)
- The IRS Scandal, Day 17 (May 26, 2013)
- The IRS Scandal, Day 18 (May 27, 2013)
- The IRS Scandal, Day 19 (May 28, 2013)
- The IRS Scandal, Day 20 (May 29, 2013)
- The Impact of the IRS Scandal on Tax Reform (May 29, 2013)
- The IRS Scandal, Day 21 (May 30, 2013)
- The IRS Scandal, Day 22 (May 31, 2013)
- The IRS Scandal, Day 23 (June 1, 2013)
- 'Cupid Shuffle' Dance Training Video Adds to IRS Woes (June 1, 2013)
- The IRS Scandal, Day 24 (June 2, 2013)
- The IRS Scandal, Day 25 (June 3, 2013)
- The IRS Scandal, Day 26 (June 4, 2013)
- Jon Stewart on the IRS Scandal (June 4, 2013)
- The IRS Scandal, Day 27 (June 5, 2013)
Tom, I see benefits in mingling face-to-face with people from other offices during conferences. I do that after professional meetings and it allows me to ask, "How would you handle this or that?," and gives me a new contact if I have a question for which they have expertise.
There's no good reason that IRS conferences couldn't be more regional and held at Holiday Inn Express in smaller towns that could probably use a "stimulus," rather than at a fancy resort and with higher transportation costs. That also might sort out employees who really want to learn versus those who come only for a vacation.
But, there is no profit motive in government, as exhibited by the guy who doesn't mind spending tens of millions flying around the nation on Air Force One for photo-ops. Nothing is really going to change.
Posted by: Woody | Jun 6, 2013 12:49:46 PM
Try revamping our tax system
It was interesting reading the Sunday Perspective section on the budget commission's report and the individuals and organizations offering their suggestions in reducing the federal budget. All the cuts suggested — if you could get Congress to pass them — would not balance the budget but only slow the rate of our escalating national debt.
The problem is that all taxes are based on narrow lanes of taxation. Take income tax, for example. In 2008, Warren Buffett made $500 million and paid tax a rate of 15 percent. His secretary made $60,000 and paid tax at a rate of 28 percent. Why? Because hers was income and Buffett's was dividends. Unfair? You bet.
There has to be a simpler and fairer way to eliminate the deficit and balance the budget. And there is. The universal exchange tax, or UET, would eliminate our national debt in three to four years. Thereafter, it would eliminate the IRS and give the federal budget more money than Congress ever dreamed of.
The universal exchange tax is like a sales tax but it charges one-tenth of 1 percent on every documented exchange. Buy a hundred dollars worth of groceries, you pay 10 cents UET. Buy a $1,000 big-screen TV, the UET is $1; a $25,000 car, $25; and so on. Hardly money worth crying over.
So how can these minuscule amounts generate $4 trillion-$5 trillion a year? Well, the UET is not just for individuals. It include banks, financial clearinghouses, title companies, credit card companies, brokerage houses and tax collectors, all charged with processing and documenting transactions of value.
There are 4 quadrillion to 5 quadrillion exchanges in the United States every year. And each quadrillion is equal to approximately $1 trillion in revenue, or $4 trillion-5 trillion. Our federal budget this year is $3.8 trillion.
Americans have always been known to be independent, and resisting taxes is just another way of expressing it. But with the UET, there will be no income taxes, no IRS, no keeping of receipts to prove a deductible, no April 15 deadline, and no federal taxes deducted from your paycheck.
Under UET, your taxes are one-tenth of one percent for everything you buy. Better hold on to those pennies.
Posted by: Concerned Citizen | Jun 8, 2013 2:58:30 AM