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Tag: "IRS"

The FairTax Series: America's Road To Prosperity- Part 3

In this installment of the FAIRTAX series I want to cover the impact  of jobs, particularly manufacturing jobs, coming back to the United States. When Bill Archer (R-Tex.), was the chairman of the House Ways and Means Committee, the tax writing body of Congress, he often quoted a survey of 500 international companies located in […]

The FairTax Series: America's Road To Prosperity Part 2

In this installment of the FairTax series I want to cover the cost of compliance and enforcement with today’s tax codes. Before I go into the complexities of compliance and enforcement I want to spend a few minutes dispelling the favorite myth of the anti-FairTax crowd. One of the things that put me off the […]

The FairTax Series: America's Road To Prosperity, Part 1

This is the first of a 5 part series I am writing based on the book “The FAIRTAX: The Truth”. In the series I take a 300+ page book and condense it down to a virtual “cliff notes” version designed for the novice political reader. I designed the series for those who are not very […]

Illegals Bilked Taxpayers for $4.2B Last Year by Exploiting Tax Code

Illegally entering America while breaking Federal Immigration laws and dropping illegal anchor babies appears to be a lucrative business in America today. In an article from The New American, we see just how much this act of criminality is costing hard working, tax paying Americans today: The Treasury reported in July that the Internal Revenue […]

Taking the Red Pill: Believing Eyes & Liberal Lies

My four-year-old daughter loves these gummy vitamins we get at Costco.  They come in a huge jar with multiple colors.  She loves the red ones.  She begs me to pick a red one every morning.  But being a practical mother, I’m not about to go rooting around in a jar of vitamins just so my […]

Tax Expert’s Advice: Don’t Count on Social Security

BRENTWOOD, Tenn., July 1, 2011 — According to a poll taken earlier this year, 77 percent of voters think Social Security is in danger. Fewer Americans, however, approve of increasing the retirement age. Voters were split on permitting people to invest their Social Security taxes into personal retirement accounts. Tax expert Dr. Friday, aka “The […]

Reminder: Tax Day is Tomorrow, A Trip Down “Memory Lane”

     April 15th is our national tax day deadline. This is the day many hard working Americans will run around frantically trying to get the income tax statements mailed into the IRS by the stroke of midnight, lest the nasty collection agents and thuggish IRS bullies start threatening anyone who has missed this all important deadline. […]

Budgetary Boondoggle: Round 6

         In an article posted here at CDN on Feb. 14th titled, “Upcoming Budget: Nowhere to Run*,  I explained how I could see that our current Congress would not be able to even come close to passing a responsible budget for 2011 fiscal year. Looking at today’s news headlines, this budget boondoggle is following along […]

I.R.S. Ombudsman to Congress: Tax Code is Too Complex

More than half of Americans know the pain and cost associated with preparing taxes every year.  Nina Olson, an ombudsman for the Internal Revenue Service, agrees. The New York Times printed an article that summarized some of Ms. Olson’s comments to Congress in her annual report Nina E. Olson, the national tax advocate who acts […]

Many Private-Sector Employees May Be Independent Contractors Soon

The last eighteen months have been the most traumatic to America’s businesses community ever.  The Obama administration started out by bashing those who run companies and those who invest in them: CEOs and Bankers.  Oddly enough, now those two demographics are a little punch drunk and unable to do what the American economy needs: make […]

Recent Legislation Allows Congress to Track You

The new paradigm in Congress: Pass legislation first, then figure out what’s in it.  We have certainly learned much about the worthless health care reform bill and now a real head scratcher.  Section 9006 of Obamacare amends section 6041 of the IRS code so that when you buy or sell more than $600 of anything, within […]