Can we sink the IRS? A flat tax looks better every day!
Of course this never happened as the first income tax was assessed in 1862 to raise funds for the American Civil War. Which wouldn’t have been necessary of some folks hadn’t gotten their panties in a knot over owning people.
501 © 4’s are tax exempt because they do social welfare work…..“Social Welfare Organizations – Examples
Some nonprofit organizations that qualify as social welfare organizations include: •An organization operating an airport that serves the general public in an area with no other airport and that is on land owned by a local government, which supervises the airport’s operation,
•A community association that works to improve public services, housing and residential parking; publishes a free community newspaper; sponsors a community sports league, holiday programs and meetings; and contracts with a private security service to patrol the community,
•A community association devoted to preserving the community’s traditions, architecture and appearance by representing it before the local legislature and administrative agencies in zoning, traffic and parking matters,
•An organization that tries to encourage industrial development and relieve unemployment in an area by making loans to businesses so they will relocate to the area and
•An organization that holds an annual festival of regional customs and traditions."
………http://www.irs.gov/Charities-&-Non-Profits/Other-Non-Profits/Social-Welfare-Organizations-Examples………My question, why do any PACs, left or right, enjoy tax exempt status under 501 © 4s?
Yep, good call. Just wait until next year when they start deciding who isn’t “paying their fair share” of the Obamacare Tax.
Then please explain why your boy said he’s “outraged”?
‘Find the truth to yourself. There is a better way then having the IRS be judge jury and executioner of the money YOU EARNED!’-I agree. The tax code is over 79,000 pages. Every paragraph on all of those pages (beyond the first 50 or so) represents a political payoff, and also has its own interest group. It needs to be dramatically simplified.-One of the myths that flat taxers advance is that flat tax = a simplified tax code.-It’s your belief that enacting a flat tax would not go through the legislative sausage making and would not contain exemptions for politically connected groupsYou honestly believe that?-No ‘incentives’ for oil exploration and drilling? No ‘depletion’ compensation?-No special treatment for capital gains so that wealthy pay regardless of the source of their income?-You honestly believe all that?
You’ve clearly never seen a government agency perform audits. I’ve seen plenty from people who know EXACTLY what to look for, and yes, that means you start your searches where you’re going to most likely find deficiencies.
So Barry was wrong to say these IRS audits were inappropriate?
Or is he right, but for some reason he’s not responsible for the Treasury Dept?
In Salon.com is an article that shows when the IRS went after liberals. Look it up. what goes around comes around. ease up. Not being a drama queen is a virtue.