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Tag Archives: IRS

Hillarycare would be even worse!

WND
By Laura Hollis | 27 October 2016

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There is plenty of bad news about Obamacare. Premiums are set to skyrocket next year an average of 22 percent (a staggering 116 percent in Arizona). Of the 23 state co-ops that were originally set to operate, 16 have gone bankrupt, and the remaining seven are in dire financial straits. A significant number of major insurance companies, including UnitedHealthcare, Humana and Aetna, have pulled out of most (if not all) of the exchanges on the grounds that the financial losses are unsustainable. (Across the country, insurers have lost billions since 2014.) This leaves an increasing number of consumers with only one or two options to choose from. Most have lost plans and been forced – sometimes multiple times – into other plans, losing physicians in the process.

And there are plenty of writers (Kevin Williamson at National Review, Avik Roy at Forbes, Betsy McCaughey, yours truly) who are saying “we told you so.”

It isn’t gloating. We warned you. We shouted it from the rooftops. You were told that we were lying, or corporate shills, or that we wanted old people and sick people to die. To the contrary, we saw what was coming and wanted to avoid it.

Yes, there were – and are – legitimate concerns about people without insurance. But the rallying cry of Obamacare – “We have to do something!” – is precisely the wrong impulse. It is that self-imposed desperation that makes you targets for exploitation by every self-important ideologue, every liar, every charlatan.

That is why President Obama was able to lie to you over and over again about keeping your doctor and your plan, and get away with it.

It’s why Obamacare architect Jonathan Gruber could brag about “the stupidity of the American voter,” and adviser Ezekiel Emanuel could argue in favor of bureaucratic rationing of health care, and get away with it.

It’s why Congress could pass a 2,000-page bill that not one of the members had read in its entirely, and why then-House Speaker Nancy Pelosi could infamously say, “We have to pass the bill so you can find out what’s in it,” and get away with it.
 
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Health Law Tax Penalty? I’ll Take It, Millions Say

NY Times
By ROBERT PEAR | Oct 26, 2016
 
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The architects of the Affordable Care Act thought they had a blunt instrument to force people — even young and healthy ones — to buy insurance through the law’s online marketplaces: a tax penalty for those who remain uninsured.

It has not worked all that well, and that is at least partly to blame for soaring premiums next year on some of the health law’s insurance exchanges.

The full weight of the penalty will not be felt until April, when those who have avoided buying insurance will face penalties of around $700 a person or more. But even then that might not be enough: For the young and healthy who are badly needed to make the exchanges work, it is sometimes cheaper to pay the Internal Revenue Service than an insurance company charging large premiums, with huge deductibles.

“In my experience, the penalty has not been large enough to motivate people to sign up for insurance,” said Christine Speidel, a tax lawyer at Vermont Legal Aid.

Some people do sign up, especially those with low incomes who receive the most generous subsidies, Ms. Speidel said. But others, she said, find that they cannot afford insurance, even with subsidies, so “they grudgingly take the penalty.”

The I.R.S. says that 8.1 million returns included penalty payments for people who went without insurance in 2014, the first year in which most people were required to have coverage. A preliminary report on the latest tax-filing season, tabulating data through April, said that 5.6 million returns included penalties averaging $442 a return for people uninsured in 2015.

 
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Trey Gowdy Annihilating Everyone In This SHOCKING Compilation 2016

September 5, 2016

Epic Smackdowns | Trey Gowdy Style PT 15 | IRS

Published on May 23, 2013

South Carolina Congressman Trey Gowdy showed up to Wednesday’s House hearing on the Internal Revue Service scandal in a fighting mood (as noted here on TheBlaze) and he only became more fired up as the day wore on.

Published on Jun 23, 2014

From the Congressional Hearing on June 23rd 2014.

Published on Jun 24, 2014

Epic Smackdowns | Trey Gowdy Style PT 14 | Lois Lerner, IRS

Published on Jul 18, 2013

Published on Jun 28, 2013

The House Oversight held a hearing today to explore whether or not Lois Lerner gave up her 5th Amendment protections when she made an opening statement and authenticated a document at the House Oversight Hearing into the IRS targeting of Tea Party groups. Trey Gowdy delivered an impassioned speech moments ago and rightfully point out that Lerner lost her 5th Amendment privileges when she made 9 factual statements and auththenticated a document. Lois Lerner told her story and then claimed her privilege and was not cross examined.

Published on May 22, 2013

Chairman Rep. Issa tries to get IRS official to testify in IRS hearing. Rep. Trey Gowdy Objects to IRS Official Ms. Lerner Taking the 5th Amendment

IRS chief throws ‘2 guys on night shift’ under bus

WND
By Garth Kant | 22 September 2016

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IRS Director John Koskinen blamed “two guys on the night shift” for destroying key evidence sought by Congress.

He testified before the House Judiciary Committee on Wednesday that he did not personally instruct employees not to destroy backup tapes of 24,000 emails under subpoena in the investigation into the agency’s targeting of conservative groups.

“I did not personally do that. I was assured managers understood,” he testified.

Koskinen said everyone apparently understood except “two guys on the night shift” at the IRS facility in Martinsburg, West Virginia, where the backup tapes containing the subpoenaed emails were destroyed. He also denied he had given orders to delete the tapes.

jason-chaffetzFireworks erupted when Rep. Jason Chaffetz, R-Utah, pressed Koskinen on his previous testimony that no evidence had been destroyed, asking, “Who had confirmed that? Who were these people?”

Koskinen said they were IRS executives and IT employees.

But the congressman noted the inspector general had determined the IRS never even checked to see if those backup tapes existed. The IG found that backup tapes containing 24,000 emails had been destroyed, and also found some tapes that still existed containing more than 1,000 missing emails. “We only found them because we looked,” the IG office had reported.

“That was false!” Chaffetz thundered.

The congressman said no ordinary taxpayer could survive such an excuse at the hands of the IRS and admonished the director, “You can dish it out, but you can’t take it.”

“You’ve provided false testimony,” charged  a visibly livid Chaffetz, “and you should held accountable for that.”

The testimony came during a House Judiciary committee hearing on whether to initiate impeachment proceedings against the IRS commissioner.

“I accept that it is up to you to judge my overall record, but I believe impeachment would be improper,” said Koskinen.

The inquiry centers on whether Koskinen obstructed the congressional investigation of the IRS targeting of conservative groups by denying and delaying applications for tax-exempt status.

During Wednesday’s hearing, Chaffetz continually pressed Koskinen for making a false statement under oath in 2014 when he testified no evidence had been destroyed. Koskinen persistently claimed he was not aware the evidence had been destroyed when he made that statement.

Chaffetz asked the IRS commissioner why he then waited four months before informing Congress that evidence had, in fact, been destroyed by his agency.
 
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Farmer fights for return of $41,000 seized by IRS
GOP leaders ‘afraid’ to take on Obama, IRS
House to hold impeachment hearing for IRS chief
‘Can the head of IRS lie and get away with it?’
IRS to target 20 million Americans who didn’t buy Obamacare
Court to IRS: Prove no longer targeting tea party
 

Hillary “What Difference Does It Make” Clinton

UPDATED: 5 NOVEMBER 2016

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Bruce Plante Cartoon: Hillary's pant suit, Secretary Hillary Clinton, email scandal, Presumptive Democratic Presidential Nominee 2016, Presidential Campaign 2016, Federal Bureau of Investigation, FBI, FBI Director James Comey, Plante 20160707

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Trump Taxes | Media hypocrisy and what Hillary Clinton didn’t tell you

Views Ahead Of The First Presidential Debate At Hofstra University
 

Media hypocrisy ‘laid bare’ over Trump taxes

By Bob Unruh | 3 October 2016

Did you hear about the presidential candidate who used a provision of the U.S. tax code that allows for a reduction of tax liabilities due to a net loss?

It was Hillary Clinton, whose 2015 tax forms show a “net long-term capital (loss)” of $699,540.

Oh, yes, Donald Trump did it, too, though on a much larger scale because of the size of his business.

So, both candidates did more or less the same thing. But what were the weekend headlines after the New York Times obtained and published Trump’s documents?

“Donald Trump and his allies struggle to move past tax revelation,” from the Times.

“Why Donald Trump’s new tax revelations are so damaging,” from MSNBC.

“Donald Trump can’t shut down New York Times tax-leak showing he lost nearly $1 billion in 1995,” from the Daily Beast.

“Tax troubles threaten Trump as election day nears,” from the Los Angeles Times.
 
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What Clinton didn’t tell you about Trump’s taxes

By Devvy Kidd | 3 October 2016

During the Sept. 26, 2016, debate, Hillary Clinton blasted Donald Trump for not paying income taxes! He doesn’t support our troops! Not to be outdone, The Donald immediately fired back, saying not paying taxes makes him smart. Oh, the firestorm that followed. Trump doesn’t pay his “fair share”! OK, let’s examine the federal “income” tax.

Laws for the IRS, aka the Gestapo, are written by lawyers for Congress critters. Many in Congress are lawyers, so they should understand what they vote on regarding regulations for any agency. Mrs. Clinton was a lawyer, so she, too, should be aware of what is covered in the IRC (Income Tax Code).

It should be noted the New York Times illegally obtained three pages of Trump’s 1995 personal tax returns – page one from a New York state resident income tax return, page one from a New Jersey nonresident tax return and page one from a Connecticut nonresident tax return. The big revelation by the Times involving 20-year-old documents isn’t quite as earth-shattering as the paper would like you to believe. Lawfully taken deductions can be complicated under the tax code.
 
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ObamaCare rates in MN skyrocket 60% to stave off “collapse”

Hot Air
By Ed Morrissey | 1 October 2016
 
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Seems that Washington DC isn’t the only place that’s learned the art of the Friday afternoon news dump. Minnesota Commerce Commissioner Mike Rothman announced yesterday afternoon that the state had approved health insurance premium increases that will average 60% in MNsure, the state’s ObamaCare exchange. The statement blamed big losses by insurers in the state, and bad predictions about utilization rates, for the decision.
 
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