Oh, happy day. Once in a while, justice is served, the good guy does win and the Big Bad Wolf at the Little American’s door gets the kick in the arse it deserves. The Internal Revenue Service was just smacked with a preliminary order from a federal judge to pay up $3.5 million in settlement […]
Top 20% of Americans Will Pay 87% of Income Tax…
One of the least discussed parts of America’s income tax is how progressive it is, and the tax overhaul didn’t change that fact. In 2018, top earners will pay a higher share of income taxes. The individual income tax matters—a lot—because it is the largest single source of U.S. revenue. And its share has risen […]
Tax Trouble For Certain Bitcoin Traders…
What do you do, come April 17, if you made a ton of money trading crypto last year and have since lost most of it? Panic, probably. A lot of last year’s winners are in deep porridge now. They owe tax on 2017 profits. They’re losing money now, so it’s not easy to come up […]
Yet Another ‘Recycled’ Hard Drive: Former Lois Lerner Deputy Can’t Be Prosecuted for Fundraising for Democrats on the Job Because the FEC Destroyed the Evidence…
Republicans are investigating another Obama administration official who played politics on the job but escaped prosecution when the Federal Election Commission recycled her hard drive before evidence could be recovered. April J. Sands resigned her position as an FEC attorney in April 2014 after investigators confronted her with tweets she sent and a video interview […]
Multiple Governments Are Targeting Clintons’ Biggest Charitable Frauds…
Those who believe a certain Arkansas-based political family “always gets away with it” should know that the race to indict, prosecute, and convict multiple actors leading the sprawling, international Clinton Foundation fraud conspiracy is on. Though long overdue, this seems eminently fair since prominent persons who operated porous and loosely controlled false-front philanthropies a tiny […]
IRS Overpaid Nearly $3.5B in Obamacare Tax Credits in 2017, Can’t Recoup Money…
The IRS overpaid nearly $3.5 billion in Obamacare tax credits last year that it cannot recoup because of constraints built into the program, frustrating Republicans who have failed to repeal the health care law but say that money could have been spent on programs for veterans or infrastructure. A Treasury watchdog said the government paid […]
Senate Investigation Expands to Include Anyone ‘of Russian Descent or Nationality’…
The US Senate Select Committee on Intelligence probe into allegations of collusion between President Donald Trump and Russia includes anyone believed to be “of Russian descent or nationality,” according to a new report. April Doss, the senior counsel to the Democrats on the Senate Select Committee on Intelligence (SSCI) defined the scope of the investigation […]
My oh My, Latest Reports of FBI/DOJ Counterintelligence Operation Give Evelyn Farkas Statements New Light…
The Mistresses of Mirrored Halls – Looking at the Corrupt DOJ Side of “Operation Trump”…
Lerner, Paz Say They Fear Physical Harm from Enraged Public, Wants Their IRS Testimony Sealed Into Perpetuity…
Former IRS executive Lois G. Lerner told a federal court last week that members of her family, including “young children,” face death threats and a real risk of physical harm if her explanation of the tea party targeting scandal becomes public. Ms. Lerner and Holly Paz, her deputy at the IRS, filed documents in court […]