Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Friday, January 10, 2014

IRS to get 'license to kill' groups that oppose Obama agenda

The Washington Times, January 7, 2014 — The Internal Revenue Service is getting a special new power: a “license to kill” group that oppose the Obama agenda. James Bond’s license to kill isn’t nearly as broad.

The power to tax is the power to destroy. Its new powers will let the IRS destroy certain groups, especially those connected to the Tea Party, by imposing a tax on their work and messages during campaign seasons. Even the value of volunteer work could be taxed.

Suspicion traces the plan directly to President Barack Obama, since he personally met with IRS chief counsel William Wilkins — an Obama political appointee and long-time supporter — in the Roosevelt Room of the White House on April 23, 2012, two days before the IRS issued its key internal directives to target Tea Party and other conservative groups.

Now, unless Congress acts quickly to block them, new IRS regulations will deliver a death penalty to many of almost 100,000 grass-roots non-profits known as 501(c)(4) groups. They often provide information to the public about political issues, befitting their tax requirement to benefit social welfare.

The IRS wants to create a new bureaucratic definition that re-labels those common voter information activities by re-naming them “candidate-related political activity.” For short, IRS calls it CRPA, but CRAP would fit better.

This is actually a gag rule. But the IRS’s new speech restrictions do not apply to labor unions, trade associations, political parties, or other non-profit groups such as 501(c)(3)’s. The impact is limited to the 501(c)(4)’s, which are the favorite vehicle for Tea Party groups.

The Left also has 501(c)(4) non-profits which could be muzzled by the new rules. But the Obama Administration is notorious for selective enforcement, meaning it could choose to give a pass to friendly groups while it puts conservatives out of business. They could use this in efforts to shut down groups like the Faith and Freedom Coalition, Club for Growth, Americans for Prosperity and the National Rifle Association, while ignoring People for the American Way, American Civil Liberties Union, USAction and the Democratic Leadership Council.


Wednesday, September 15, 2010

The Heritage Foundation: The Foundry 9/14/10

House and Senate Cloakroom: September 13 – 17, 2010

House Cloakroom: September 13-17, 2010

Analysis:

The House returns from their six week recess with a light schedule this week, heading towards a potential adjournment date of October 1st. House leaders are signaling attempts to get their members home a week earlier than expected in anticipation of Election Day. There are several measures that are expected to be taken up before the recess.
 
The Senate is expected to pass a Small Business Jobs Bill (HR 5297) that will have to come back to the House to accept any changes before it will go to the President’s desk. The House will also consider a bill that would authorize the Agriculture Secretary to enable consumer loans to implement energy-efficiency measures. This week will mainly include a slew of votes under suspension of the rules but much of the inward discussion in the coming weeks will focus on President Obama’s proposed tax hike that would affect jobs across all of the United States during a down economy and what should Congress do.


Major Floor Action

•HR 2039 - Congressional Made in America Promise Act of 2009
•HR 5297 – Small Business Tax Bill
•HR 4785 – Rural Energy Savings Act

Major Committee Action

•The House Ways and Means Committee will hold two days of hearings regarding Chinese currency exchange policy including Treasure Secretary Geithner on Thursday. Possible legislation could be coming quickly, but the extent of the yuan’s misalignment is unclear according to Heritage’s Derek Scissors, and so designing real remedies is almost impossible.

•The House Homeland Security Committee will hold a full committee hearing on the evolving nature of terrorism. A number of disturbing incidents at home have underscored the dangers posed by Islamist organizations and their influence on domestic radicalization.

Senate Cloakroom: September 13-17, 2010

Analysis:

The Senate returned from the August recess yesterday with yet another aggressive agenda set out for the October work period.


Today, the Senate will move yet again to the Small Business Bill. An amendment introduced by Senator Johanns of Nebraska will be considered, and a vote on final passage is expected before the end of the week. On Thursday, the Foreign Relations Committee is scheduled to consider the New START treaty; it is possible the treaty will be up for consideration in the full Senate during this work period or in a Lame Duck session later this year.

Senator Harry Reid continues to push an extremely aggressive agenda for the remainder of this Congress, with talks of completing DOD Reauthorization and some sort of legislation addressing the upcoming scheduled tax expirations in the next three weeks.

Major Floor Action:

•H.R. 5297: The Small Business Lending Fund Act of 2010

Major Committee Action:

•The Senate Foreign Relations Committee will hold a business meeting to consider the New Strategic Arms Reduction Treaty (START).

•The Senate Committee on Homeland Security and Governmental Affairs will hold a hearing on nuclear terrorism.
 
SOURCE:  http://blog.heritage.org/2010/09/14/house-and-senate-cloakroom-september-13-17-2010/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell