Monday, May 31, 2010
Sunday, May 30, 2010
IRS HQ or luxury condos for tax rats?
It's Memorial Day. What a world it would be if all who "sacrificed for our freedoms on foreign fields" would take a good look at this story and decide they're really not going to take it anymore right here in the U.S. of A.
Your Money: $92,000,000 for IRS Luxury
Category: Nutty News
Andover - The $92 million renovations at the IRS compound in Andover will include a reflecting pool, an art gallery, indoor gardens, a 7,000-square-foot cafeteria and an amphitheater, but it remains unclear what new permanent jobs, if any, will come to the center. The Herald reported last month that the IRS received $80.5 million in stimulus funds from the American Recovery and Reinvestment Act for “green upgrades” to the 400,000-square-foot complex. Full Article
Saturday, May 29, 2010
Major gloss newsmagazine: top banks indicted, plea bargaining!
Normally this kind of sensational news flash comes third-hand from an obscure source via email, but if the New American says it's happening, it's happening. A further disgrace on the "mainstream" media for not taking up this major news which comes on top of all the banksters' well-known crime and mayhem they have reported. How many more layers are there to come?
http://www.thenewamerican.com/index.php/economy/markets-mainmenu-45/3621-top-banks-conspired-to-defraud-taxpayers
Banks Conspired to Defraud Taxpayers
More than a dozen top American banks were involved in a conspiracy to swindle taxpayers by rigging auctions in the $2.8 trillion municipal bond market, according to an indictment filed by the Department of Justice and multiple lawsuits across the country. Some conspirators are now cooperating with investigators or have already pled guilty, while other alleged participants deny wrongdoing and await trial.
The federal government and dozens of municipal bond issuers claim “advisory” firms like CDR Financial Products were fixing the bidding process on guaranteed investment contracts (GICs, basically a deposit that is supposed to provide higher returns than a traditional savings account) for state and local authorities in exchange for illegal kickbacks from banks. In hundreds of deals from coast to coast and over 34 states, CDR is alleged to have provided bogus information to municipalities while secretly telling the banks what rates to offer in order to win the bidding. The banks were conspiring together too, letting each other win or lose — always at the expense of taxpayers.
Among the institutions named by federal prosecutors after the three-year investigation are Wachovia, JP Morgan Chase, Citigroup, UBS, General Electric, and other industry giants. Bank of America, which was also involved but will not be prosecuted under an amnesty deal, announced in a press release that it had voluntarily informed the government of its illegal actions and was cooperating with the Justice Department. One of the firm’s employees is a key witnesses in the case and reportedly explained the whole scam to investigators........
Wednesday, May 26, 2010
Gary North thinks like RBC
Here's the latest find, courtesy of a stalwart IRS fighter in the Atlanta PN group. I love it! I've always said that for us to win once and for all, patriots merely need to do to our oppressors everything they do to us -- except of course we operate within the law, they're lawless. Of course you all know what most of the businesses affected don't -- the 1099 is mostly a psychological ploy, another little trick to keep the people thinking Big Brother is omniscient and omnipotent. My guess is that most of this new filing won't even be processed. Bureau-rats will merely pat themselves on the back for putting another needless, pointless burden on business and.... maybe throw it all in the trash?
We've previously covered the way the IRS does one massive billion-dollar computer upgrade after another without -- thank God -- any improvement in efficiency. So much for the supposedly godlike fedgov and its "instrumentalities". Everything is in our favor if we'll only claim it in sufficient numbers!
News! We want news! National news, local news, your news, movement news -- send us your action and progress reports and anything you find that seems in the least bit relevant. We don't promise to use it all but the bigger a pool of news items we have to draw on the richer the mix here will be. God knows we've got the minds and the fighters to have the best freedom site around. Reach me at TORPENHOW at CHARTER dot NET. Everybody have a great day in the Cause, y'all!
/\/.\/\/.
requests for review. "Paperwork is the essence of every bureaucracy. Let's do it by the book: with paper."
http://www.lewrockwell.com/north/north846.html
The 1099 Tsunami
by Gary NorthEarlier this year, some staffer in some office on Capitol Hill dutifully inserted a provision into the health insurance bill that will force businesses to file 1099 forms on every transaction with another business for over $600. Buy a $601 used car for your business? You must file a 1099. CNN Money describes this law.
The massive expansion of requirements for businesses to file 1099 tax forms that was hidden in the 2,409-page health reform bill took many by surprise when it came to light last month. But it's just one piece of a years-long legislative stealth campaign to create ways for the federal government to track down unreported income.
The result: A blizzard of new tax forms that the Internal Revenue Service will begin rolling out next year.
There appears to have been little discussion before this damaging mandate was slipped into the health bill and rammed through Congress, but a few business groups did raise concerns. Here's what the Air Conditioner Contractors of America said:
The IRS will be buried in billions of new forms. I'm an older guy. I think back to Carl Sagan's memorable words in the 1980 PBS series, Cosmos: "billions and billions." These forms will have to be scanned into the system. If businessmen want to protest this law in a legal but effective way, they will have their tax preparers write in the numbers by hand. Then IRS will have to type in the data on each form by hand. Billions and billions!The House bill would extend the Form 1099 filing requirement to ALL vendors (including corporate) to which they pay more than $600 annually for services or property. Consider all the payments a small business makes in the course of business, paying for things such as computers, software, office supplies, and fuel to services, including janitorial services, coffee services, and package delivery services. In order to file all these 1099s, you'll need to collect the necessary information from all your service providers. In order to comply with the law, you would have to get a Taxpayer Information Number or TIN from the business. If the vendor does not supply you with a TIN, you are obligated to withhold on your payments.
ARCHAIC COMPUTERS
The IRS computers in Martinsburg, West Virginia are old. How old? The system became operational in 1962, three years after Robert Byrd (D-WV) was elected to the Senate. That is to say, it is really old! For over a decade, the IRS has been trying to implement a new system with the acronym, CADE. It is not anywhere near fully operational. This report appeared in Federal Computer Week (Jan. 12, 2010): "Stuck in the mud: IRS spins its wheels on electronic modernization."
The Customer Account Data Engine (CADE), a part of the IRS Business Modernization Program that is intended eventually to replace the legacy Master File processing system, processed 40 million returns in 2009, producing taxpayer refunds from one to eight days faster than the older system. CADE originally was to be completed by 2012, but increasing complexities have extended that date. "After over 5 years and $400 million, CADE is only processing about 15 percent of the functionality originally planned for completion by 2012," a Government Accountability Office report says. Each successive release of the system was expected to process more complex returns, but several technical challenges in the system had not been dealt with. The IRS estimated that full implementation would not be achieved until at least 2018, and possibly as late as 2028. After realizing how much remained to be done, the IRS decided to stop development of new CADE functionality and rethink its strategy for modernizing individual taxpayer accounts, the GAO report said. To handle the expected volume in electronic tax return filing for 2010, the IRS will upgrade its legacy Individual Master File system to handle returns not being processed by CADE more quickly.
In short, the IRS has been unable to modernize its system after a decade. It will take another decade. It may take two. Now some staffer has created a 1099 tsunami for the IRS, which will hit in 2013.
GIVE THEM WHAT THEY ASK FOR: PAPER
Business owners and managers will be outraged. But what if word spreads? "No electronic filing!" What if the tax preparers fill in all the forms by hand. It is legal. It is not efficient, but it's not all that much extra work. Pay a few dollars more per filing. At the other end, the IRS will get to process these forms by hand. Think of what happens if businesses were to challenge every challenge by the IRS? The business's CPA simply asks in writing – I do mean writing (hand-written) – for the IRS to review the case. Point out one mistake made by the IRS. Automatically, every business should challenge every request for more tax money. No exceptions. Be polite. Just ask the IRS to review its case in terms of this new information. There are always gray areas. Put them to use. Pay a few bucks to your tax preparer. Paperwok is the essence of every bureaucracy. Let's do it by the book: with paper.
May 24, 2010
Gary North [send him mail] is the author of Mises on Money. Visit http://www.garynorth.com. He is also the author of a free 20-volume series, An Economic Commentary on the Bible.
Copyright © 2010 Gary NorthTuesday, May 6, 2008
1. 050608
" Tax policy in this country hurts taxpayers twice – once when they pay taxes, and then when the government spends the money. Americans are sick and tired of the financial burden and the endless forms to fill out. To add insult to injury, after collecting this money the government does some very detrimental things to the economy" Ron Paul
full article: http://www.house.gov/paul/tst/tst2008/tst042008.htm
Big "mainstream" politician calls for death of IR Code
I got a spam from former U.S. House Majority Leader Dick Armey calling for a very modest flat tax as replacement for the staggering bureaucracy presently harassing working people. We are not of course interested in scaling back, modifying, replacing, or otherwise MONKEYING WITH the income tax on wages, but on ABOLISHING the monstrosity. But such a mailer maybe a barometer of the times. It began:
Tax Day Update: A Day of Wasting and Losing Billions of Dollars
Dear Nelson,
Today is the day that Americans are reminded of the confiscatory and confusing nature of our Byzantine tax code. Even the IRS and Congress can’t answer some of the questions citizens have about how to pay for the government through taxes. I have outlined three principles of what a tax code should look like.........
try the Senator's "Flat Tax calculator": http://www.cse.org/flattax/index.php
RON PAUL WANTS IRS DEAD
Candidate tells crowds at Tax Day rally the money we earn should be our own
http://www.americanfreepress.net/html/ron_paul_wants_irs_dead_133.html
Renegade Clemson prof "sues 'em all"
A year or two ago we had the privilege of hearing a talk exposing 9/11 lies by Dr. Judy Wood at the Fountain Inn Patriot Network group. She had just distinguished herself by speaking out publicly against the federal 9/11 conspiracy and been fired as a result. A liberal of considerable intelligence and charm, Dr. Wood gave a slide lecture on various aspects of the fraud drawing on her own scientific expertise.
Now the lady is suing a number of pertinent scientific experts to come forth and tell the world that 9/11 could not possibly have happened the way the media allege:
http://drjudywood.com/articles/NIST/Qui_Tam_Wood.html
This is especially interesting to us, not only because Dr. Clarkson is a distinguished Clemson alumnus but because Dr. Wood is suing no a qui tam basis. Qui tam litigation holds great power for patriots against rogue power; Dr. Clarkson sued the Clintons on this basis.
Surely Dr. Wood's crusade makes her the second-most noteworthy freedom warrior to come out of CU in its 119 years.
further reading: http://www.quitam.com/
The PN's colleague Bob Schulz Could Begin Hunger Strike Aug. 11th
http://ronpaul.meetup.com/281/boards/view/viewthread?thread=4585828
IRS Collects More in 2007
By JIM ABRAMS (Associated Press Writer)
http://www.accountingnet.com/x61677.xml
"But the report, made public Monday, also said the gap between enforcement revenues - through collections and audits - and money owed continued to grow...... between 2001 and 2007 the IRS removed some 7.6 million accounts with balance-due amounts totaling $31.2 billion from its collection function inventory. These cases were deemed potentially less productive and might never be worked. "
No rice shortage -- of course!
The Augusta Chronicle
Saturday, April 26, 2008
Editorial Roundup Page 9/A
Quote from an article out of Scripps Howard News Service:
"But here's the catch. There is no shortage of rice--not here, anyway. David Coia, the spokesman for the growers' group USA Rice Federation, has told every news organization that's asked, 'There is no rice shortage in the U.S.'
Shots fired as 3 robbed near Peace Center, police say -- INCLUDING AN FBI AGENT
http://greenvilleonline.com/apps/pbcs.dll/article?AID=/20080428/NEWS01/804280312&referrer=FRONTPAGECAROUSEL
[the man who sent this item comments: "don't you think the FBI may have intended this confrontation?"]
Flimsy Graham totally undone by simple questions from audience
via email, unedited
------Original Message-------
From: JACKEBBA@aol.com
Date: 4/7/2008 9:23:56 PM
To: undisclosed-recipients:,
Subject: LINDSEY GRAHAM AT HILTON HEAD ISLAND MTG
Today, Lindsey Graham spoke at the Republican Monday Lunch. He talked for over 15 minutes aligning himself with Bush and McCain on the Iraq War. He gave the speech saying we should fear the Democratic candidiates but he doesn't realize most Americans won't fall for his tactics of fear.He said he would take questions. I was able to get the second question to him. I asked him why should we vote for him when he aligns himself with Liberals accepting an Award from LaRaza, a far leftist organization that represents "illegal aliens" and amnesty along with his recent F's in immigration in Congress and why did he referred to us as "bigots" when he accepted the award.
His face got red, he picked up a program trying to cover his face, and immediately went on the attack saying he was with Pres. Bush and McCain on the comprehensive immigration bill. He started walking/pacing around the room to get away from the question and talked about how the Hispanics accounted for 40% of the votes for Bush and we need them. One of the reasons he gave that we need them was the Americans are having less children and the Hispanics are having babies that will be able to support the Social Security checks for the audience. His statement shows he is really stupid and not aware that the majority of us are against "illegal immigration". He never acknowledged "illegal immigration" instead referring to immigration.
I had also question his vote on the Guestworker VISA's asking how he could vote for them when Americans are out of work. His comment on this was this was the first time a Republican had questioned the low unemployment rate. So basically, he went on saying we do not have enough workers to fill the jobs. He even menton Saluda saying they cannot get American workers to work for $12 an hour so they need outside help. Of course, he didn't say they were illegal workers.
Another item he mentioned that you can go to the Jockey Lot in Anderson and buy fake ID's in any name. He even said we could all get them with the name of Ronald Reagan. Can you imagine the audience wondering why he would say that, it only made him look like he hasn't been doing his job to protect our State.
He never answered the bigot question so a member of our group asked him again why he referred to people as "bigots"? That got him really mad so he was forced to say first he never said that, then saying he was referring to those groups in Lauren, S.C. He said he had to leave but took one more question about unfunded mandates. He didn't really give a good answer but then he mentioned he wants all of us to get a picture ID on SSN's to stop fraud. He is a perfect example of someone who needs to be replaced as our Senator.
He made many other stupid comments. When he left, only 3 or 4 men stood up to applaud him. The others gave a weak applause to be polite.
Let's all work hard to get him out of office. He said he could have another 40 years like Strom Thurmond in the Senate and next year he could marry a young woman, referring to Strom's young wife. Go to his meeting and make him answer questions!!! Ebba