Category Archives: IRS
Government Email Hackers
Or should I say “hacks”? A federal judge on Friday reopened a lawsuit to force Hillary to turn over more government email from her secret stash. Two weeks ago 6,400 missing emails turned up from Lois Lerner’s crashed computer at IRS.
Tax Hacks
The IRS is underpaid and overworked. So says Commissioner John Koskinen. Maybe that’s why some employees are fast and loose with your personal tax information.
Bystander President
Reagan was the Teflon president. He had an easy charm and nothing bad seemed to stick. Obama is the bystander president. He reads about bad things that happen on his watch as if they had nothing to do with him. He’s just like you and me, sitting at the bar madder’n hell. Except he gets to go on TV and complain. At least I get to draw a cartoon.
Economic Patriotism
President Obama’s favorite billionaire is making a run for the border. Warren Buffett’s Berkshire Hathaway will finance Burger King’s purchase of Canadian donut dynamo, Tim Hortons.
Economic Patriotism
As a Canadian operation, Burger King will still have to pay US corporate taxes on earnings inside the United States. But earnings outside the US will only be taxed at the rate of the country where they occur. US companies have to pay taxes in the countries where they operate and also must pay IRS the difference between those rates and the US rate. The Obama administration calls this economic patriotism.
Burger King’s move is called a tax “inversion”. Matt Levine gives a great explanation in this Bloomberg article.
The US corporate rate, including state and local taxes comes to about 40%. That’s the highest in the world outside the Islamic State jizya. Roberto A. Ferdman provides a nice chart in the Washington Post showing the tax rates of the 34 OECD countries.
The nominal corporate tax rate in the U.S., which combines national, state, and city-level tax rates, is nearly 40 percent—the highest across all 34 Organization for Economic Cooperation and Development (OECD) member countries. Canada’s, by comparison, is just over 26 percent.
Nixon Impeachment Advice
Judge Napolitano says, “the government is out of control”.
President Obama has taken to taunting Congress about impeaching him. Speaker Boehner says impeachment is off the table.
Nixon
August 7 is the 40th anniversary of President Nixon’s resignation under the threat of impeachment. An 18 minute gap was discovered in a Watergate phone tape transcribed by Rosemary Woods. Lois Lerner has a two year gap in IRS emails.
Constitutional scholar Jonathan Turley says, “Obama is the president Nixon always wanted to be”. Tricky Dickey overachieved just by being himself according to Washington Post columnist Richard Cohen. He says Nixon’s “southern strategy” turned the Republicans into a party of racists and homophobes.
No comment from the grave of Senate constitutionalist Robert Byrd.
Update: Here’s George Will on Nixon’s lawless activities 40 years ago. He wanted to use IRS to go after his enemies but didn’t trust the top people there.
Update update: Charles Krauthammer calls Obama’s plan to grant amnesty to 5 million illegals impeachment bait (nice picture):
Such a calculation — amnesty-by-fiat to deliberately court impeachment — is breathtakingly cynical. But clever. After all, there is no danger of impeachment succeeding. There will never be 67 votes in the Senate to convict. But talking it up is a political bonanza for Democrats, stirring up an otherwise listless and dispirited base. Last Monday alone the Democratic Congressional Campaign Committee raised more than $1 million from anti-impeachment direct mail.
