Showing posts with label IRS. Show all posts
Showing posts with label IRS. Show all posts

Thursday, March 13, 2025

DOGE threat: How government data would give an AI company extraordinary power

  The Department of Government Efficiency, or DOGE, has secured unprecedented access to at least seven sensitive federal databases, including those of the Internal Revenue Service and Social Security Administration. This access has sparked fears about cybersecurity vulnerabilities and privacy violations. Another concern has received far less attention: the potential use of the data to train a private company’s artificial intelligence systems.

  The White House press secretary said government data that DOGE has collected isn’t being used to train Musk’s AI models despite Elon Musk’s control over DOGE. However, evidence has emerged that DOGE personnel simultaneously hold positions with at least one of Musk’s companies.

Thursday, May 16, 2024

Why not abolish all foreign aid?

  Americans who object to the Israeli government’s military campaign in Gaza rightly object to the massive amounts of money and armaments that the U.S. government has provided — and continues to provide — the Israeli government to wage its campaign. Why should American taxpayers who oppose the Israeli government’s actions be forced to fund a military campaign to which they object?

  But doesn’t that principle apply to all foreign aid? The question that every American should be asking, especially in the context of foreign aid to Israel, is: Why should American taxpayers be forced to fund any foreign regime whatsoever?

Tuesday, February 6, 2024

Rebuilding the IRS improves customer service and reduces the tax gap

  As the 2024 tax filing season begins, the IRS continues to build on the improvements made possible by the infusion of funds from the Inflation Reduction Act. The added support reversed more than a decade of disinvestment in tax administration and enforcement by appropriating $80 billion to modernize the IRS over 10 years. The infusion of long-term funding allows the IRS to invest in new technology and the staff needed to rebuild the agency, improve customer service, and ensure that the nation’s tax laws are enforced effectively.

Wednesday, September 13, 2023

IRS is using $60B funding boost to ramp up use of technology to collect taxes − not just hiring more enforcement agents

  The Internal Revenue Service is getting a funding boost thanks to the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

  That legislative package originally included about US$80 billion to expand the tax collection agency’s budget over the next 10 years. Congress and the White House have since agreed to pare this total by about $20 billion, but $60 billion is still a big chunk of change for an agency that until recently had about $14 billion in annual funding.

Saturday, August 5, 2023

House Ways and Means proposal would hurt honest tax filers and reward tax avoidance

  H.R. 3937, which recently passed out of the House Ways and Means Committee on a party-line vote with Republican support, would undermine efforts to narrow the tax gap—the amount of tax that is legally owed but not paid—and would make it harder for honest tax filers to track the income that they need to report on their tax returns. It would do so by reversing changes to third-party settlement organization (TPSO) reporting requirements made by the American Rescue Plan Act of 2021 (ARPA). 

Monday, August 22, 2022

Will the Inflation Reduction Act actually reduce inflation? How will the corporate minimum tax work? An economist has answers

  The U.S. is about to spend US$490 billion over 10 years on reducing greenhouse gas emissions, improving health care, and reducing the federal deficit. Where’s all that money coming from?

  We asked University of Michigan economist Nirupama Rao to examine how the new law will raise enough revenue to pay for clean energy tax credits, Affordable Care Act subsidies, and incentives for manufacturers to use cleaner technologies, among other initiatives. We also wanted to know, given its name, will the Inflation Reduction Act actually bring down inflation?

Saturday, February 26, 2022

Taxpayers should expect serious delays from the IRS this year – a tax scholar offers tips but says only Congress can fix the underlying problem

  No one likes tax season. It’s complicated, it’s stressful, and it’s getting worse.

  Last year was already the “most challenging year taxpayers and tax professionals have ever experienced,” according to the Taxpayer Advocate Service, an independent part of the Internal Revenue Service. According to the agency’s annual report, taxpayers had trouble reaching the IRS, tax returns took months to process, almost a quarter of refunds didn’t go out until 2022, and collection notices were sent out even after the tax owed was paid.

Sunday, September 5, 2021

Amid calls to #TaxTheChurches – what and how much do US religious organizations not pay the taxman?

  The hashtag #TaxTheChurches began trending on Twitter in mid-July.

  The spark was allegations about the wealth of celebrity pastor Joel Osteen. But it wasn’t the first time that “tax the churches” has circulated. In fact, it is slogan that long predates social media – Frank Zappa was singing it back in 1981, and Mark Twain expressed similar sentiments many decades before that.

Wednesday, May 5, 2021

The managed economy destroys the First Amendment

  The First Amendment guarantees people the right of free speech. It is a restriction on the power of the federal government to punish people for criticizing federal officials or for saying things that the government doesn’t like. 

  Why did our ancestors want the Constitution amended in that way? Because they were certain that the federal government would end up attracting people who would have the desire and the inclination to do bad things to people who criticized them or said things that public officials didn’t like. 

Thursday, August 20, 2020

“Small government” is an empty Republican mantra

  Favoring “small government” has long been a Republican and conservative mantra. It is also an empty one. It’s a shame that some libertarians have adopted it to describe libertarianism.

  After all, what does “small government” mean? A smaller IRS? A more streamlined DEA? A fascist Social Security system? A reformed Medicare system? A 10 percent cut in the military budget. Fewer CIA assassinations? Fewer coups and invasions of foreign countries? Reduced secret surveillance? Less immigration highway checkpoints within the United States? A reduction in no-knock raids and asset forfeiture? A smaller border wall?

Wednesday, August 12, 2020

IRS budget cuts let wealthy tax cheats get away with it

  Over the past decade, Congress dramatically cut the IRS’ budget and with it, the agency’s capability to enforce the nation’s tax laws. New data released by the IRS, as well as reports from the Congressional Budget Office (CBO) and U.S. Treasury Inspector General for Tax Administration (TIGTA), underscore the toll that IRS budget cuts have taken. The reports and data provide even more evidence that the IRS needs to be substantially rebuilt, with its priorities directed toward policing tax cheating by wealthy individuals and corporations.

Monday, December 30, 2019

Coercion and charity are opposites

  The entire welfare-state way of life is based on the concept of force. Through the threat of arrest, prosecution, incarceration, and fines, the American people are forced to be good, caring, and compassionate to others.

  Here is how the process works. People are forced to deliver a percentage of their income to the federal government, which in turn delivers the money to others. It’s not a 100 percent turnover, of course, because some of the money is used to cover the expenses associated with performing this service, such as salaries for bureaucrats in the IRS and in the federal departments, and agencies that distribute the money.

Tuesday, November 19, 2019

Foreign aid and sanctions

  Amidst all the political brouhaha regarding foreign aid, it is important that we keep in mind the nature and purposes of this particular federal program, as well as its related program, sanctions.

  Foreign aid is money that the U.S. government sends to certain foreign regimes. The purpose of the money is to secure loyalty to the U.S. Empire. That loyalty comes in the form of votes in the United Nations or support for U.S. imperialist escapades abroad.

  There is hardly ever a formal quid pro quo involved in foreign aid. That is, U.S. officials do not expressly say to a foreign leader, “If you will agree to become a loyal member of the U.S. Empire and support whatever the Empire does, we will send you hundreds of millions of U.S. dollars.”

Saturday, February 9, 2019

Hurtling toward bankruptcy

  The federal government owes people almost $22 trillion. That means that American taxpayers owe people almost $22 trillion. That’s because the federal government has no money of its own. The money it gets comes entirely from American taxpayers. That’s what the IRS is for — to make certain that everyone sends his or her required amount of taxes to the federal government to enable it to cover its expenditures.

  According to usdebtclock.org (which is an Internet spectacle worth looking at), federal tax revenue amounts to around $3.3 trillion. The amount of federal expenditures is over $4.1 trillion. That means that almost another trillion dollars will be added to the government’s debt load, making it $23 trillion.

Friday, January 18, 2019

For low-income Americans, the IRS is always shut down

  The ongoing partial government shutdown has dragged on for more than 27 days, and it doesn’t look like the Trump administration is interested in ending it any time soon. One of the agencies affected is the IRS, and the longer the shutdown continues, the likelier it is that tax season becomes ensnared in a significant way. The Trump administration was spooked enough by the prospect of people not receiving their 2018 tax refunds that it ordered furloughed IRS employees back to work despite the fact that it may be illegal.

Monday, November 28, 2016

Open questions on national security for President-Elect Donald Trump

  The Center for American Progress National Security and International Policy team is deeply committed to the democratic values that have made America great and is collectively determined to ensure that America remains secure, prosperous, and just.

  The initial steps taken by President-elect Donald Trump, including the nomination of several manifestly unsuited candidates for key national security positions, raise a series of very serious questions that the administration will need to answer in the days and weeks ahead.

Tuesday, July 26, 2016

Jacob G. Hornberger: Help the poor by abolishing the income tax

  The standard leftist position on helping the poor is: Increase income taxes on the rich and give the money to the poor in the form of welfare. The idea is that it’s just not fair that someone has more money when someone has less money. By equalizing people’s financial conditions, through the force of a progressive income tax and a welfare state, the financial plight of the poor will be improved.

  The left, however, is wrong. As our American ancestors, who lived without income taxation for more than a century, learned, the best way to help the poor would be by abolishing the income tax (and the IRS).

Saturday, April 23, 2016

Three reasons why we should certify all paid tax preparers

  Filing taxes can be complicated. As a result, many people get help from tax preparers. According to IRS data, 81.2 million Americans paid tax preparers to help them complete their returns in 2011. Some of these paid preparers base their fee on a refund percentage or claim that they can provide larger refunds than their competitors.

  While one might assume that all paid tax preparers have special training that enables them to offer high-quality tax assistance—and an obligation to adhere to certain professional rules—neither is the case. In fact, the federal government currently lacks the authority to license or regulate most paid preparers.

Thursday, January 23, 2014

Katherine Green Robertson: Alabama must guard against attempts to restrain political speech

  For those who thought the exposure of the IRS as a political weapon was an exaggerated anomaly, think again. During Congress’s Thanksgiving recess, the U.S. Treasury and the IRS quietly published a new rule to change the parameters of permissible activities for 501(c) (4) organizations that could severely weaken these groups leading up to the 2014 elections.

  Currently, a 501(c) (4) organization must be operated "exclusively to promote social welfare." IRS guidance explains that a 501(c) (4) organization must be "primarily engaged in promoting in some way the common good and general welfare of the people in the community."

Friday, August 23, 2013

Emily Goff: The top 10 ways Washington wastes money

  Whether it’s negotiating over how much to spend on government operations or the government’s borrowing limit, we hear a familiar refrain in Washington these days: There is absolutely no room to cut federal spending. This is not the case.

  Many people remember the millions spent on the infamous “Bridge to Nowhere.” But how about the millions of dollars in federal spending on caviar promotion, keeping empty bank accounts open, and creating “Star Trek” parody videos? Yes, those are a few examples of your tax dollars at work.