IRS Seizing Funds Without Even Bringing Charges

By: Tuesday October 28, 2014 12:00 pm

Yet more unintended consequences from the so-called War on Drugs. According to The New York Times, the IRS has been seizing funds from small businesses and individuals without even presenting a criminal complaint using a draconian law passed to prevent drug money laundering. Under the law the IRS can seize funds that appear to be suspiciously transacted to avoid a $10,000 limit to be flagged and it is incumbent on the person whose funds were seized to prove they are innocent rather than for the government to prove they are guilty.

Many of those who have had their funds taken are small businesses and low wage earners who give up fighting to get back their money despite doing nothing wrong.

 

Majority of Fortune 500 Using Offshore Tax Schemes to Hide $90 Billion

By: Friday June 6, 2014 2:16 pm

According to a new report from Citizens for Tax Justice and the U.S. Public Interest Research Group, the majority of America’s Fortune 500 companies are cheating the tax man to the amount of approximately $90 billion by using offshore tax havens. That cheating leaves the rest of US taxpayers on the hook to make up the difference.

Government Confiscating Tax Refunds of Children Over Parents’ Debts

By: Friday April 11, 2014 12:29 pm

Got plans for your refund??? Better hope your parents didn’t die owing the government money then, because if they did, you might have to change your plans.

The Exchange Subsidy Cliff

By: Wednesday December 4, 2013 10:29 am

Looking ahead the design of the law has several glaring issues that should start to become more apparent as people actually use the law. One of the most problematic and frankly stupid is the exchange subsidy cliff.

Karl Rove Provided Inaccurate Information On Dark Money Group

By: Monday November 25, 2013 10:45 am

In 2012 Karl Rove stated to the IRS that his group, Crossroads GPS, was a social welfare organization and would use part of the money the group raised for grants to assist other social welfare groups for non-political purposes – “not for political expenditures, consistent with the organization’s tax-exempt mission.”

Polygraph Probe Leads to Spying on American Public at Large

By: Thursday November 14, 2013 7:20 am

The US government’s obsession with secrecy has once again ensnared innocent Americans. In a probe to discover untrustworthy federal workers the government ended up investigating people who had no connections to the government but had simply purchased books that were deemed suspicious.

Some People’s Taxpayer-Funded Star Trek Fantasies Are A-OK With US Big Media

By: Sunday September 15, 2013 1:00 pm

As a PBS website commente said: “He really needed the ‘whoosh’ sound on the doors. How many kids didn’t get to go to Head Start to pay for that?”

Left Behind: Nic Cage Whores Himself Out

By: Sunday September 1, 2013 12:30 pm

Times must still be tough for Nic Cage. He’s offered himself up to God the Left Behind movie series, and it’s really kinda gross. Well, maybe there are some gross points involved, though I wouldn’t hold my breath on the Academy Award-winning actor getting rich off those.

IRS Will Recognize Marriages of Same-Sex Couples Living in Anti-Gay States

By: Thursday August 29, 2013 12:09 pm

Huge news from the Department of Treasury and the Internal Revenue Service

IRS Manual Contained DEA’s Use of Secret Intel Evidence

By: Thursday August 8, 2013 7:01 am

Illegally gathered information from the NSA is being laundered through the DEA to federal agents who are instructed to then create a fraudulent investigative trail as to how they could have known.

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