Category Archives: Tax

August 11, 2022

IRS Job Listing Requires Use of DEADLY FORCE Sparking OUTRAGE, Democrats Just Massively Expanded IRS (Video)

Democrats claim middle and lower income people will not face more audits but this is misleading. You do not need to be audited in order for the IRS to extract more money from you. Democrats know this is the case but are misleading people in order to massively expand the IRS.

August 9, 2022

Sen. Kennedy: ‘It Takes a Special Kind of Stupid’ to Raise Taxes During Both a Recession and Inflation (Video)

“This bill is Tier One moronic.”

“Corporations don’t pay taxes – people do,” Sen. John Kennedy (R-LA) explains in a new video statement condemning Sen. Joe Manchin’s decisive vote in favor of President Joe Biden’s massive tax-and-spend bill, which passed the Senate on Sunday.

As a result of Manchin’s vote, the Senate was deadlocked at 50-50, which enabled Biden’s Vice President, Kamala Harris, to break the tie and pass the $740 billion bill.

The bill, which raises taxes on businesses, will end up being paid for by “everyone,” Sen. Kennedy says in his video posted to social media following the bill’s passage.

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Complete text and video linked here.

August 8, 2022

Democrats Pass Bill MASSIVELY EXPANDING IRS, Biden Agenda Will SPIKE Your Tax And Energy Costs (Video)

Timcast

August 3, 2022

Democrats are turbo-charging the IRS to go after the middle class

‘Because that’s where the money is’

The reconciliation package proposed by Democratic Sens. Joe Manchin and Chuck Schumer includes $80 billion in new funding for the Internal Revenue Service (IRS) that will allow the agency to set its sights on middle-class Americans.

Increases in IRS funding are laid out in Section 10301 of the 725 page “Inflation Reduction Act.” and the lion’s share of the funding — $45.6 billion — is earmarked for “enforcement,” including “litigation,” “criminal investigations,” “investigative technology,” and “digital asset monitoring.” Proponents argue that the funding will allow the IRS to bring in more than $200 billion in additional revenue from those under-reporting income, but skeptics like the Wall Street Journal editorial board argue that much of this funding will come straight out of middle-class and upper middle-class Americans’ wallets “because that’s where the money is.”

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Complete text linked here.

May 1, 2022

Leftist States DRIVE OUT Businesses And Families, They Do Not Understand How Taxes Work (Video)

Timcast IRL, Guest: Derek Harvey

April 25, 2022

Jim Jordan Says IRS Can’t Be Trusted After ‘Partisan’ Leak Investigation Stonewalls

Republican Ohio Rep. Jim Jordan said Americans couldn’t trust the Internal Revenue Service (IRS) after it failed to provide answers about a massive leak of confidential tax documents. The leaks of billionaires’ tax records to ProPublica seemed partisan, according to Jordan, and closely aligned with Democrats’ efforts to raise taxes on the wealthy.

Republican Ohio Rep. Jim Jordan told the Daily Caller News Foundation that Americans can’t trust the Internal Revenue Service (IRS) after its investigation of tax document leaks has so far failed to turn up any answers ten months after it began.

Jordan and Republican California Rep. Darrell Issa sent letters to the IRS and the Treasury Inspector General for Tax Administration (TIGTA) in July 2021 demanding information on the agency’s investigation into how citizens’ records were leaked after ProPublica published private tax documents of some of the wealthiest Americans in June 2021. Jordan told the DCNF that after an initial reply, his office has received no further updates on the investigation.

“I don’t know if the IRS is on top of it. It sure doesn’t seem like it from the response we got back from them,” Jordan told the DCNF. “Americans need to know that your tax returns remain confidential. This is one of the hallmarks of our system and if that’s not the case, if they’re going to be targeted by the IRS like Lois Lerner did a few years ago and have their returns go public, that just can’t happen.” (RELATED: National School Board Association Calls On The Biden Admin To Police Parents Using Domestic Terror Laws)

Upon receiving Jordan and Issa’s 2021 letter demanding answers, IRS Commissioner Charles Rettig referred them to Inspector General for Tax Administration J. Russell George, according to responses to the inquiries reviewed by the DCNF. George replied that the Republican lawmakers’ request for TIGTA to brief Congress on the investigation could only be made by either the chair of the House Ways and Means Committee, the Joint Committee on Taxation or the Senate Finance Committee – all of whom happen to be Democrats.

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Complete text linked here.

April 23, 2022

DeSantis Seals Disney’s Fate: ‘I Don’t Think Walt Would Appreciate What’s Going on in This Company’

“This state is governed by the interests of the people of the state of Florida. It is not based on the demands of California corporate executives. They do not run this state. They do not control this state.”

It’s finally official. On Friday, Florida Gov. Ron DeSantis signed a bill effectively terminating the Walt Disney Company’s special tax district, within which sits the famous Orlando theme park.

The district allowed Disney to operate “as a largely autonomous entity” according to the New York Post. Now, those privileges are completely gone.

The legislation will go into effect in June of 2023.

“That partnership that developed early on with Walt Disney — I don’t think Walt would appreciate what’s going on with this company right now,” DeSantis said during the bill signing.

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Complete text linked here.

Repeal 1913: End The Income Tax & The Federal Reserve (Video)

1913 was a fateful year for freedom in America. Both the Income Tax & Federal Reserve were created. The dreaded Income Tax made everyone’s hard-earned money the property of the federal government first. The earnings that government allowed people to keep would then be persistently stolen by The Fed’s inflation. Freedom was put in a vice in 1913, and after 100 years, there’s almost nothing left to be squeezed.

April 9, 2022

Matt Gaetz Calls to End Disney $600 Million ‘Tax Cheat’ Loophole

Rep. Matt Gaetz (R-FL) charged in an op-ed Friday that the Florida legislature should end Disney’s $600 million tax cheat loophole.

Gaetz explained in an op-ed that Walt Disney Corporation benefits from a Florida tax code loophole that has allowed Disney to potentially skirt around hundreds of millions of dollars in state corporate income taxes. To fix this loophole, Gaetz, a former Florida House chairman of Finance and Tax, wrote that Florida should join the majority of states in adopting combined reporting of state corporate income taxes.

The Florida conservative explained:

This allows Florida to fully realize Disney’s corporate income taxes from as a proportion of their overall, or “combined” reported income. The nonpartisan Florida Revenue Estimating Conference says that this measure would have a recurring impact of $591.7 million on Florida’s budget. That’s $591.7 million that Florida Man and Florida Woman have to shoulder because Disney has fancy lawyers, lobbyists and accountants.

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Complete text linked here.

March 3, 2022

Fine Art: the world’s most secret tax scam (Video)

How fine art is used to evade taxes, and how the fine art market is a scam. In this video, I’m uncovering one of the least well known things in the global tax evasion scene: how fine art is used by people to evade taxes.