by | ARTICLES, BLOG, ECONOMY, FREEDOM, GOVERNMENT, OBAMA, POLITICS, TAXES
The Club for Growth recently announced it is compiling a policy series called the “Presidential White Papers” in an effort to contribute to Election 2016 discussions. Their goal is to examine what candidates have said and done on matters of economic freedom.
From their website: “From journalists to the candidates themselves, the Club’s White Papers are widely regarded as the go-to source on economic policy facts. The truth is in their record, not their rhetoric – but we’ve sifted through it all and found the facts. Whether you’re looking to get some quick facts before the debates or you want to fact-check the candidates’ statements about these policy issues, the White Papers will be your best resource.”
So far, the Club for Growth has added eight candidates to the series, including,
*Jeb Bush
*Chris Christie
*Ted Cruz
*Mike Huckabee
*Rand Paul
*Marco Rubio
*Donald Trump
*Scott Walker
According to the Club for Growth, “the papers found that there are strong pro-growth candidates in the 2016 presidential race, including Senators Ted Cruz (TX), Rand Paul (KY), and Marco Rubio (FL). Governor Scott Walker has also frequently governed Wisconsin with pro-growth policies, and Jeb Bush showed many of the same tendencies when he was governor of Florida.”
As the election season continues and more candidates provide economic policy plans, the Club For Growth will release more white papers accordingly.
by | BLOG, CONSTITUTION, ELECTIONS, FREEDOM, GOVERNMENT, OBAMA, OBAMACARE, POLITICS, TAXES
A few days ago, I wrote about the Senate Finance Committee report, which revealed that ten groups have yet to receive tax exempt approval — some waiting as long as five years. ATR had also delved into that report, and found only one conservative group actually received approval in a three year interval with Lois Lerner at the helm:
The report by the Senate Finance Committee revealed that,
“Due to the circuitous process implemented by Lerner, only one conservative political advocacy organization was granted tax-exempt status between February 2009 and May 2012. Lerner’s bias against these applicants unquestionably led to these delays, and is particularly evident when compared to the IRS’s treatment of other applications, discussed immediately below.”
and furthermore:
“The unfortunate consequence of imposing this highly rigid and unorthodox process on EO Determinations was that many Tea Party applications that could have been decided in 2010 were not. Rather, those Tea Party applications unnecessarily languished for several more years, while the IRS mismanaged its way through a series of failed initiatives designed to bring the applications to decision.”
Not all groups received such treatment:
“Although applications from the Tea Party and conservative organizations languished at the IRS, this was not the case for all groups that applied. In cases where the IRS wanted to act quickly, it did – particularly for other high-profile applications that attracted political attention.”
And don’t forget Obama’s brother was fast-tracked in 2011 for approval in 30 days!
Yet, as I noted earlier, the assessment of Lerner’s misdealings by Senate investigators was particularly weak. She was chastised for failing to “adequately manage the EO employees who processed these applications”, her handling of applications “was flawed in design and/or mismanagement”, and she showed “little emphasis” on “providing good customer service.”
Heads should roll. But they won’t, ever. The scandal is two years old now — which is ancient in the political world. People have moved on from their outrage and they are now focused mainly on 2016. The scandal is barely covered in the news anymore. It’s outrageous.
by | ARTICLES, BLOG, FREEDOM, GOVERNMENT, OBAMA, OBAMACARE, POLITICS, TAX TIPS, TAXES
Every summer, the Taxpayer Advocate releases one of two annual reports to Congress. The summer report is the “Annual Objectives Report” which seeks to identify and work on priority issues for the upcoming Fiscal Year. The Taxpayer Advocate, Nina Olson, had done a good job for years trying to look out for the people, especially the the IRS being in such a tumultuous state recently.
This year’s report had three top priorities:
1) Long-Term IRS Strategic Planning and Taxpayer Service
The NTA expresses concern that the IRS continues to view itself primarily as an enforcement agency, with taxpayer service receiving less emphasis. As the IRS undertakes the development of a concept of operations, the NTA urges the IRS to place primary emphasis on “meet[ing] the needs of the overwhelming majority of taxpayers who are trying to comply with the tax laws.”
2) Assisting Victims of Identity Theft-Related Refund Fraud
Taxpayer service also failed for victims of identity thieves—as the problem has grown worse and more IRS filters are catching more potentially fraudulent returns, victims often have to wait a half year or more to receive their refunds.
3) Administration of the Patient Protection and Affordable Care Act (ACA)
This past tax year added the challenge of dealing with the new provisions under the ACA–the Premium Tax Credit (PTC) and the Individual Shared Responsibility Payment (ISRP). The upcoming year will see more complexity, and TAS will focus on training its case advocates to better assist taxpayers, notably on ACA collection activities and the Employer Shared Responsibility provision.
In related topics, reflecting on the recently completed filing season, Olson states the IRS ran a generally successful filing season under difficult circumstances, but maintains that there was still a group of taxpayers for whom the filing season was “the worst in memory.”
You can read the full report here:
by | ARTICLES, BLOG, FREEDOM, GOVERNMENT, OBAMA, POLITICS, TAXES
There are still ten tea party groups which haven’t received approval by the IRS — years after having applied for tax-exempt status. Some applications have been delayed five years by now. All in all, 547 applications were “centralized,” for extraordinary scrutiny.
According to a report by Senate investigators, “the Albuquerque Tea Party was one of the original test cases the IRS used to try to figure out how to handle tea party applications, and that group was still awaiting approval as of April. Accordingly, while substantial progress has been made since 2010 to reduce the backlog of political advocacy applications, IRS management has not yet been able to bring all of these applications to closure.”
There’s no way in the world that a backlog of FIVE years exists — and if it actually does, IRS top brass should be fired for running an incompetent, inefficient agency of that magnitude.
But nothing will actually happen. This was made painfully evident from reading the Senate report, which differed in its conclusions about the culpability of IRS officials. Indeed, it “cleared those top officials of more serious charges of trying to punish groups politically opposed to President Obama. Indeed, after two years of investigation the top Republican and Democrat on the Senate Finance Committee couldn’t even agree on whether there was politically motivated targeting in picking which applications to delay or to give extra scrutiny — the central allegation in the 2013 inspector general’s audit.”
The only IRS employee to be particularly named was Lois Lerner but even then, the assessment of her misdealings by Senate investigators was particularly weak. She was chastised for failing to “adequately manage the EO employees who processed these applications”, her handling of applications “was flawed in design and/or mismanagement”, and she showed “little emphasis” on “providing good customer service.”
Heads should roll. But they won’t, ever. The scandal is two years old now — which is ancient in the political world. People have moved on from their outrage and they are now focused mainly on 2016. The scandal is barely covered in the news anymore, which is how the IRS can still get away with keeping some groups remaining in limbo, due to a “backlog”, even after 5 years. It’s outrageous.
by | ARTICLES, BLOG, ECONOMY, ELECTIONS, GOVERNMENT, OBAMA, POLITICS, SOCIAL SECURITY, TAXES
Washington Free Beacon had a sobering article about the lack of fiduciary responsibility in the Social Security Administration. A report by the Government Accountability Office (GAO) found that for 5 years (FY2009-FY2013), disability payments totaling $371.5 million were overpaid to many individuals. “The report examined how concurrent Federal Employees’ Compensation Act (FECA) payments affect Disability Insurance (DI) overpayments.”
The most recent annual Social Security Trustees report showed that the projected date of insolvency for the Social Security Disability Insurance Trust Fund is late 2016, a date that remained unchanged from the prior year. With this crisis looming in the background, the report of overpayments is especially concerning. From the article:
“The GAO found that SSA did not detect concurrent FECA payments for about 1,040 individuals during at least one month from July 1, 2011, through June 30, 2014.
To test SSA’s internal controls, GAO randomly selected 20 beneficiaries for review. In all 20 cases, SSA’s controls failed to detect and prevent overpayments. In seven of the cases, SSA did not detect overpayments for more than a decade, and each of these individuals received $100,000 in overpaid benefits.
One of these seven individuals received FECA benefits in the 1980s and was approved for disability benefits 14 years later in 1994. The GAO found that this individual received $200,000 in overpayments for more than 20 years.
The SSA’s “internal controls” rely on beneficiaries to self-report overpayments.
“SSA officials told us that if beneficiaries do not self-report benefits, there are no system prompts that would alert SSA staff to ask beneficiaries if they are receiving any workers’ compensation benefits, including FECA payments,” states GAO. “SSA officials agreed that relying on beneficiaries to self-report benefits presents a challenge in identifying overpayments related to the concurrent receipt of FECA benefits.'”
Congress is aware of the projected date of insolvency, but has yet to agree on a path forward. What’s more, the date roughly coincides with the 2016 election, so of course no one is willing right now to make any decisions or provide any possible solutions. Without any changes, benefits will be reduced by nearly 20%. Currently the Disability Trust Fund provides more than $100 billion a year to roughly 11 million recipients, making it the largest government assistance program in the country.
