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Rabu, 07 Maret 2012

The IRS Is Woefully Late With Income Tax Returns Under The Obama Administration

Stalling Tax Refunds

Barack Obama

Many Americans are depending on their tax returns to pay bills, fund the down payment of a car, home mortgage or to catch up on one to stave off foreclosure. Some physically sick people are waiting on the money from their tax returns to see a doctor or dentist, while others need it to make up their kids tuition for university.

However, under the Obama Administration, Americans' tax returns have been extraordinarily late, more than any other presidency in recent history. They keep giving out deadlines for tax returns and then irresponsibly missing them, knowing people are depending on the money. If the Obama Administration can't effectively manage the people's tax returns, how can it handle the nation's ballooning budget and reduce the national deficit in a timely fashion.

For an administration pledging to turn the economy around, this is not a good look, especially in light of the president sending the deficit sky high. It does not inspire confidence. The Judiciary Report has also seen cases where people were flat-out discriminated against by the IRS, who disallowed deductions and write-offs granted to others in the same situation under the U.S. tax code. The Obama Administration is punishing the poor and the middle class, for the sins of the rich, which is inexcusable.

Quite a few of Obama's wealthy campaign donors owe the IRS and by default the US Treasury, hundreds of millions of dollars, yet they are not being pursued for these massive tax debts, because of their relationship with the president. Meanwhile, people in lower income and middle class tax brackets, who have paid their taxes and are expecting their refunds, are being shortchanged, denied and discriminated against by the current administration.

Articles in credible publications and court documents have also brought to light the fact federal agencies such as the FBI have been using the IRS to unlawfully harass targets of their warrantless surveillance, via strong-arm tactics and threats for taxes not owed. This too is not a good look, but is being utilized under the Obama Administration and in a number of the cases, against innocent people or for political purposes. Something to think about at the polls in November.

Jumat, 30 Desember 2011

Tax Group Slams Kim Kardashian For Not Paying Enough Taxes But Is Obama Listening

...Because They Are Right

Barack Obama

It seems everybody hates Kim Kardashian, a pun on the title of the show "Everybody Hates Chris." The Courage Campaign, complaining of the shortfalls in California's coffers, has slammed Kardashian for paying a 10.3% tax rate on $12,000,000 in income for the year 2010.

Kardashian made even more money this year with her sham of a wedding to Kris Humphries, which was done solely for a paycheck and more fame, but it all backfired, resulting in bad publicity and bridal registry gifts she refused to return. However, she still received a reported $20,000,000 from the fake wedding, which she will pay very little taxes on.

The Judiciary Report does agree that the rich in America should not pay so little taxes, especially in the current negative financial environment, as it is holding back the economy. Some of the most wealthy people in America did the nation the most damage, resulting in the ongoing, horrible financial crisis.

Kim Kardashian

I was born in Jamaica, lived there the first 8-years of my life, always kept in contact with my roots in the Caribbean, some of which stems from the British system and when there is an issue of economic imbalance and financial discord, the commonwealth employed a small tax hike, mainly on the rich, which went a long way in remedying the monetary problems of said nations.

Even former U.S. President Bill Clinton instituted tax hikes in America in the 1990s to great results. Therefore, I don't understand why some are acting like it is an insane, novel concept that has never worked. President Obama did not embrace higher taxes for the rich immediately upon taking office, as the Judiciary Report has advocated for years and it has cost him and America plenty.

Instead Obama gave the rich more money via stimulus funds, with much of that taxpayer money ending up being wasted, stolen and misappropriated. A significant amount of those funds are sitting in the Caribbean and Europe in hidden accounts. Now Obama is scrambling to save the economy, when new reports this month indicate the jobless numbers have risen again, as have foreclosures with mere months until the next election.

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