Just a note to keep you informed that the Obama Administration through the ever benevolent TurboTax Timmie Geithner is continuing the persecution of average, everyday Americans through it’s KGB arm also known as the IRS. Pretty sad and pathetic when this type of story does not even rate an AYFKM? Award because it is so expected from the corporate oligarchy in control.
Remember: “It’s Not Your Money!“, and this link which does deserve the AYFKM? Award for total ‘trippin on shrooms’ logic “It’s Not Your Money“. Remember kids, you can always take the maximum amount of exemptions and then pay your taxes at the end of the year.
Individuals who don’t purchase health insurance may lose their tax refunds according to IRS Commissioner Doug Shulman. After acknowledging the recently passed health-care bill limits the agency’s options for enforcing the individual mandate, Shulman told reporters that the most likely way to penalize individuals that don’t comply is by reducing or confiscating their tax refunds.
Speaking at the National Press Club on Monday, Shulman downplayed the IRS’s role in enforcing the recent overhaul of the health insurance industry by claiming the agency would not aggressively target individuals who don’t purchase coverage. He noted that the health-care bill expressly forbids the agency from freezing bank accounts, seizing assets or pursuing criminal charges, but when pressed said the IRS would most likely use tax refund offsets to penalize those that don’t comply with the mandate. The IRS uses refund offsets to collect from individuals that owe the federal government a delinquent debt.
“These are not the kinds of things we send agents out about,” Shulman said. “These are things where you get a letter from us. Congress was very careful to make sure there was nothing too punitive in this bill.”
Many reports have claimed that enforcement of the individual mandate will be non-existent, but Shulman’s answers indicate differently. According to BusinessWeek, starting in 2015 Americans who don’t purchase insurance will be subject to a fine of $325 and that sum increases to $695 in 2016. However, the commissioner seemed confident that in most cases individuals would either receive subsidies to purchase insurance or simply do so on their own in order to comply with the law.
“The vast majority of American people have a healthy respect for the law and want to be compliant with their tax obligations,” Shulman said, mentioning letters, collection notices and offsets as among the various ways the IRS will reach out to people without coverage.
Does this or does this not give new meaning to the corporate concept of each and every American being owned like cattle for the express purposes of producing tax money being put forward by the Restore America Plan? After all the research I have done, I am confident the gentlemen behind the plan understand the legalities; the only question remaining is if the military is going to cross the street.
Residents eager to get their state tax refunds may have a long wait this year: The recession has tied up cash and caused officials in half a dozen states to consider freezing refunds, in one case for as long as five months.
States from New York to Hawaii that have been hard-hit by the economic downturn say they have either delayed refunds or are considering doing so because of budget shortfalls.
“It’s an indicator of how bad it is,” says Scott Pattison, executive director of the National Association of State Budget Officers. “You know things are bad when you have to do that.”
New York, hit with a $9 billion deficit, may delay $500 million in refunds to keep the state from running out of cash, says Gov. David Paterson.
Hawaii’s Department of Taxation says some residents may not see state income tax refunds until the end of August, The Honolulu Advertiser reported. It was part of a plan by Gov. Linda Lingle to deal with a revenue drop-off by pushing costs into the next fiscal period, which begins in July.
I did not have to worry about my tax refund this year. The state of Hawaii raised our taxes significantly last APRIL 15TH, (how’s that for a bitchslap), and I got to pay into the slush fund again this year.
For many of you, the similarities between the events that led up to the French Revolution and what is currently happening on a daily basis in our country has not been lost. The veil that has separated the Two Americas is becoming more transparent even though our current administration is becoming more opaque and working hard to make everyone believe that Mr. & Mrs. O are just like us.
As the decimated middle class and working poor are losing their battle against foreclosure, not being able to feed their children, and worrying themselves to death, the Beltway Aristocrats and their New York Bank Buddies gorge themselves on our money reminiscent of some french aristocrats.
Here is a tale of two Americas that you may not hear about in all the chatter about how stupid Sarah is, how great Cap & Trade and Government Medicine is going to be for us, and how much Barney Frank is really concerned about homeowners in foreclosure. If Barney had two gray cells speaking to each other, he would not be considering loosening the lending protocols for condos and therefore creating another housing bubble later.
When unemployment hits 30% in the inner cities, we patriots that have been trying to avert a disaster will only be able to step aside and keep our families safe. If you really believe that unemployment is currently at 9.5%, I have a bridge I can sell you as the indexing for unemployment was changed a few years back.
ATLANTA (AP) – Colin Daymude was out of work last year after his business failed and eagerly filed his taxes in mid-January, figuring he’d get his refund sooner. He was wrong.It took the 44-year-old entrepreneur more than six months to get his $1,300 check—money that he needed to pay living expenses while he worked a few side gigs.
Tax day—April 15—has long since come and gone, but sharp budget cuts and falling revenues have forced many states to delay income tax returns for months—and left taxpayers longing for their money.
“I’m just trying to get my money back,” said a frustrated Daymude. “It’s my money anyways.”
Some states say plummeting tax collections drove them to hold on to the money so they can make ends meet. Others complain of not being able to keep up because the economic downturn has forced staffing cuts in revenue departments.
But critics worry governments are withholding funds that rightly belong to taxpayers when they need the extra cash the most. And some of the tardy states are fast approaching a stiff deadline of their own: The longer they wait, the more likely they’ll have to pony up interest from thinning state coffers.
That prospect could soon become a reality in Georgia and Alabama, where tax officials are racing to beat a mid-July deadline to send hundreds of thousands of tax refunds or risk racking up millions of dollars in interest.
“I know some of the taxpayers are wondering if the state is going to pay the refund,” said Carla Snellgrove of the Department of Revenue in Alabama, where more than 120,000 taxpayers are waiting for at least $63 million in income tax refunds.
That is the America we live in, where we are unemployed, not able to sleep at night, and wondering what is going to happen next while our Congress and White House work feverishly long into the night to either spend our great, great, great, great grand-children’s money or collapse our dollar completely.
Here is the America that we ALLOW Washington DC to live in:
(CNSNews.com) – America may be in the midst of a deep recession, and the nation may be facing unprecedented deficit spending and debt, but the White House will not reveal the cost to taxpayers of the European vacation that first lady Michelle Obama and the president’s two daughters, Malia and Sasha, took last month.
Travel by an American first lady typically includes the military passenger jet that carries her and the children, Secret Service personnel to provide security, and a separate cargo plane to haul official vehicles.
First Lady Michelle Obama’s tour of Paris with her children included a convoy of 20 vehicles, according to news reports. She also moved by “motorcade” through London.
The full cost of such a trip would also include the expense of meals and lodging for Secret Service agents and possibly other staff.
In response to inquiries from CNSNews.com last week about the cost to taxpayers of the first lady’s European vacation, the White House did not provide a figure.
“Like previous administrations, the first lady will follow all the rules and regulations that are related to reimbursement for personal travel,” Michelle Obama’s press secretary Katie McCormick Lelyveld told CNSNews.com in a written response.
Combined, the first lady’s air travel cost would have been $44,843.28, under the White House estimate or $163,560.50, under the Air Force estimate, but these estimates are for fiscal year 1998 dollars.
Adjusted for inflation to 2009 dollars, the cost to taxpayers of the Washington-to-Paris-to-London-to-Washington air travel would have ranged from $58,834.02 to $214,591.38, according to the inflation estimates by the Bureau of Labor Statistics.
NBC News reported on June 10 that the first lady’s trip to London was supposed to be a “secret,” but the conspicuous movement of her motorcade made her presence in town known.
“It was supposed to be a secret trip, but the motorcade gave it away. First lady Michelle Obama, daughters Sasha and Malia, and their grandmother made a whirlwind trip to London minus dad, who flew home on Sunday.”
Here is the Obamanation’s promise of transparency for all to see. I am wondering what it is going to take for America to completely and totally wake up to the path we have been led down for the last 120 years?
The articles you have just read are THE REASON for every single patriotic American to stop and consider converging on Washington D.C. on 9.12.09 to shut this government down for just one day. If 5-10 MILLION people gather it might be difficult to move around the city or actually get anything done, and 5-10 MILLION Pissed Off Americans are somewhat hard to ignore even for the MSM!
My sincere hope would be to just send all their behinds packing, but I do realize baby steps are required.
Think hard fellow patriots. This is a unique time only witnessed a few times in history and it is our curse to be living in interesting times….