Category Archives: Tax

May 15, 2017

Virginia: 43 Muslims indicted in $30M cigarette trafficking, bank fraud, and money laundering op

Those businesses were used to purchase a large amount of tax-exempt cigarettes and then they would be transported out of state and resold for a profit.

43 people were indicted on Friday on 743 separate charges resulting from a year-long investigation into illegal cigarette trafficking, according to police.

19 of the 43 are in custody.

Henrico County Police said it began investigating cigarette trafficking in Henrico County back in 2015 because of a series of violent crimes that were associated with it.

According to police, a number of robberies, shootings, and burglaries happened in direct relation to the illegal trafficking of cigarettes and an investigation eventually developed into a larger regional and multi-state operation.

The investigation incorporated more than 20 agencies including local, state, and federal law enforcement as well as corporate businesses including the FBI, ATF, Homeland Security, IRS, and Virginia and Maryland State Police.

Police said the suspects utilized fraudulent papers to create 29 phony businesses in the Richmond area.

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May 8, 2017

Idiotic Seattle Mayor Taxes Diet Soda Because ‘Affluent White People Drink More Of It’

The idiotic mayor of Seattle, Ed Murray, has changed the rules of his “soda tax” to include diet soft drinks instead of only sugary soft drinks. The reason? Solely because wealthier white people drink more diet drinks.

Via The Seattle Times:

Mayor Ed Murray’s soda-tax legislation led to criticism it was unfair because white and affluent people tend to drink more diet drinks. The mayor’s revised proposal lowers the tax rate slightly and adds diet soda.

The changes were recommendations that emerged when staff from the mayor’s office and the office of Councilmember Tim Burgess studied disparate impacts the tax could have on people with low incomes and on people of color, according to Murray.

That work involved conversations with community advocates, public-health professionals and business owners, according to the mayor. After Murray’s initial announcement, some suggested the exclusion of beverages with artificial sweeteners would be unfair because affluent white people tend to consume more diet drinks.

The tax, which is meant to fund education for minorities (which is a hysterical and yet frightening thing to focus on), is undergoing some changes. At first, the tax was to make distributors of sugary drinks pay 2 cents per ounce with the mayor claiming it would bring in $16 million.

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April 15, 2017

California’s Tax Collection Agency Engulfed in Scandal

California Gov. Jerry Brown has asked the state Department of Justice to investigate alleged corruption at the state’s Board of Equalization, the agency that collects $60 billion in tax revenues in one of the highest-taxed states in the nation.

The Sacramento Bee reports:

In a letter sent to the board’s five elected members, The Democratic governor announced the tax agency will not be able to hire key personnel or issue most contracts without approval from other state departments he controls.

His letter also announced his intent to ask the Human Resources Department and Attorney General Xavier Becerra to investigate complaints from civil servants as well as an alleged misuse of public resources.

Brown’s letter follows a recent audit from the Department of Finance that found the Board of Equalization had allowed its elected members to “redirect” staff for promotional events. The audit found the agency could not explain how it corrected accounting failures identified in a 2015 audit.

It described reports from employees who feared they’d lose their jobs if they displeased elected officials. The report also suggested that board members inappropriately “intervened” in administrative decisions, creating inconsistencies that are “contrary to state law.”

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April 4, 2017

Illegal alien indicted for $12 million tax refund and voter fraud

According to the indictment, Williams had refund checks issued in the names of people from whom he stole IDs and had blank check stock and debit cards delivered to his residence.

A previously deported illegal alien from Nigeria living in Missouri was indicted Wednesday for a sophisticated stolen identity fraud scheme that sought more than $12 million in tax refunds.

In addition, he has also reportedly voted in two U.S. presidential elections.

Kevin Kunlay Williams, aka Kunlay Sodipo, a Nigerian citizen who is a resident of St. Louis, Missouri, was charged with mail fraud, aggravated identity theft, voter fraud, illegal reentry, and being a felon in possession of a firearm.

Williams and others allegedly used public school employees’ identifications stolen from a payroll company to electronically file more than 2,000 fraudulent federal income tax returns. Williams also allegedly stole electronic filing identification numbers (EFINs) to secure bank products that allowed him to print refund checks and instruct the IRS to forward refunds to prepaid debit cards.

According to the indictment, Williams had refund checks issued in the names of people from whom he stole IDs and had blank check stock and debit cards delivered to his residence.

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March 19, 2017

California Dems Promise Taxpayer Dollars to Defend Illegal Immigrants

Alameda County is going to spend as much as $750,000 to defend illegal immigrants facing the specter of deportation.

More than 2.3 million Illegal immigrants who are living in California, six percent of the state’s population, may not have to worry about paying a dime of legal expenses by the Fourth of July holiday weekend.

Because of fears of the Trump administration’s plans to deport criminals among the undocumented, several cities and counties in California have set up legal defense funds to pay the bills of illegal immigrants if they are arrested.

Similar legislation to set up a statewide defense fund is moving through the California Legislature with little opposition.

The Voice of OC reported the Santa Ana City Council instructed city staff to work with the ACLU and the UC Irvine School of Law to set up a program to pay the legal bills of illegal immigrants living in the city.

Councilman Vicente Sarmiento sponsored the proposal after immigrant activists told him they were worried about mass deportations.

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December 4, 2016

Report: Feds to Forgive At Least $108B in Student Loan Debt (Video)

The Government Accountability Office announced this week that at least $108 billion in student loan debt will be forgiven in the coming years. The move leaves taxpayers ultimately on the hook for the repayments in question.

“Government created a problem and now they’re making it worse,” Sabrina Schaeffer said.

The panel noted that President-elect Donald Trump may also forgive a portion of students’ debt.

Investments reporter Bill Baldwin suggest that, instead of having the government lend money to college students, the colleges themselves should take the financial chance on each student they admit.

Original source.

November 6, 2016

Clinton Foundation Head Accused Chelsea Of Using Funds For Wedding, Campaigning, And Avoiding Taxes

“I learned from the best,” Band wrote. “The investigation into her getting paid for campaigning, using foundation resources for her wedding and life for a decade, taxes on money from her parents….”

Doug Band, the former top aid to Bill Clinton who helped found the Clinton Global Initiative, accused Chelsea Clinton of illegal activities by using foundation money to pay for her wedding and getting paid to campaign, all while avoiding paying taxes.

After Chelsea had launched an investigation into the foundation’s finances under Band’s control, an angry Doug Band email Hillary Clinton’s campaign chairman John Podesta to complain. Band called Chelsea’s actions, “not smart.”

Podesta replied, “You are perfecting your skills for understatement.”

New emails released by Wikileaks show Band, still irate, replied with his own allegations of Chelsea Clinton’s corruption.

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Hillary amnesty tax: $15,000 per household

$1.29 trillion to finance infrastructure, school, welfare, other costs of illegals.

Amnesty for illegal immigrants like a program proposed by Democratic presidential candidate Hillary Rodham Clinton would require an immediate tax hike of $1.2 trillion, a $15,000 hit on every household in America, according to a new analysis of immigration reform.

The authoritative National Academy of Sciences said the cost to give some 11 million illegals citizenship rights would be staggering, though it suggested long-term benefits.

A Heritage Foundation analysis of the NAS study looked at just the impact amnesty would have and said that an immediate tax increase of $1.29 trillion would be needed to finance the infrastructure, school, welfare and other costs of illegals.

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October 31, 2016

Joke’s On You America: Obama’s Golf Trip with Tiger Woods Cost Taxpayers Nearly $4 MIllion

The specific schedule for Feb. 15, 2013, were that Obama flew from Joint Base Andrews in Maryland to Chicago to deliver remarks on the economy, He then flew to Palm Beach, Florida, for vacation, where he golfed with Woods before returning to Joint Base Andrews.

When it comes to taking advantage of the system, no one does it better than Barack Obama. And when it comes to golfing while on the job, Obama has completed more rounds than any person who has served in the White House in history.

And one of Obama’s most expensive rounds of golf came in 2013 with Tiger Woods, costing U.S. taxpayers nearly $3.6 million, according to a new report by the Government Accountability Office.

The costs accounted for operating expenses of Air Force One, supporting aircraft, and U.S. Coast Guard small boats, travel expenses, which include commercial airfare and rental cars for Defense Department and Department of Homeland Security personnel supporting the trip, according to the report.

Original source.

October 30, 2016

Grover Norquist: Clintons Guilty of Tax Fraud

Hillary has a history of ducking taxes, took deduction for donating Bill’s used underwear.

Democrat Hillary Clinton wants higher taxes, but in the past has gone to ridiculous — and likely fraudulent — lengths to lighten her own burden, influential anti-tax crusader Grover Norquist said Friday.

In an appearance on “The Laura Ingraham Show,” Norquist, the president of Americans for Tax Reform, pointed to a story from 1993 highlighting the fact that the Clintons had claimed a tax deduction for donating Bill Clinton’s used underwear to charity as far back as the 1980s.

The story got some attention at the time, but Norquist said a review of those tax returns turned up 10 pages of deductions that overvalued donated items by $1,300 to $1,500.

“Hillary Clinton has not paid the taxes she owes … This is tax fraud,” said Norquist. “People go to jail. They get massive fines for giving a car to charity and misrepresenting the value of the car.”

Norquist said the claimed deductions were “so far out of line with what” with what charities like the Salvation Army and Goodwill Industries estimate for the value of similar items.

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