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Good News From The IRS

NO … REALLY It’s rare we have a positive update from the Internal Revenue Service (IRS) – an agency which has been mired in scandal in recent years – but today, such is the case.  In case you missed it, the IRS has withdrawn a proposed regulation that would have required…

NO … REALLY

It’s rare we have a positive update from the Internal Revenue Service (IRS) – an agency which has been mired in scandal in recent years – but today, such is the case.  In case you missed it, the IRS has withdrawn a proposed regulation that would have required non-profit organizations to record to the Social Security numbers of their donors.

This flagrant attempt to muzzle these donors’ freedom of expression was vigorously protested by Americans for Limited Government – a group which has emerged as a key IRS watchdog during the course of the administration of Barack Obama.

“We are relieved that the IRS has withdrawn the excessive regulation,” the group’s president, Richard Manning, said this week, adding the proposed regulation would have created “glaring security and privacy issues in violation of (donors’) First Amendment rights.”

“This is the second time the IRS has ham-handedly tried to increase their capacity to target and harass conservative non-profits in the last three years,” Manning added.  “The last time it was a regulation severely restricting the political activity of 501(c)(4) organizations, that similarly had to be withdrawn.  Hopefully this latest dropping of a politically motivated regulation signals an end to Obama’s weaponization of the IRS.”

Let’s hope so … but in the meantime props to Manning and his group for fighting against this proposed regulation.

We will continue to call for the complete elimination of the IRS as part of a fairer, flatter tax structure.  Not only would such tax reform stimulate the broader consumer economy, it would eliminate billions of dollars in unnecessary bureaucracy – while simultaneously reducing the potential for heavy-handed executives to punish political enemies.

Win-win-win …

***

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7 comments

Tax Exempt Propaganda January 8, 2016 at 2:31 pm

Those poor billionaires getting their hands slapped for trying to game the tax code! Why won’t someone think of the poor oligarchs?

Reply
Jack January 8, 2016 at 2:42 pm

Manning is full of hogwash.

Reply
erneba January 8, 2016 at 2:43 pm

“..the IRS has withdrawn a proposed
regulation that would have required non-profit organizations to record
to the Social Security numbers of their donors.”
Lois Lerner’s sister, Loser Lerner, must be working for the IRS.
When questioned by her boss, she pleaded the fifth.
Good for Manning in finding out about this.

Reply
tomstickler January 8, 2016 at 3:37 pm

Don’t forget to pay your Use Tax when you file your SC1040 this year, boys and girls!

Reply
Willie Wonka January 8, 2016 at 4:45 pm

We should make it law that you have to provide your social security number, a dna sample, and a stool sample, in order to make a political contribution. Does everyone agree???

Reply
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idiotwind January 11, 2016 at 11:57 am

it bears repeating – manning is a shit.
the IRS enforces tax law enacted by congress. if you don’t like the tax law, call your congressman. anything the IRS does to stop devious fuckers from avoiding tax, or trying to use tax free money to subvert government, is ok with me. also – manning is a shit.

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