Wednesday, February 12, 2014

CAN CONGRESS STOP IRS ABUSE?

SPECIAL POST

Sens. Jeff Flake (R., Ariz.) and Pat Roberts (R., Kansas) introduced on Tuesday the “Stop Targeting of Political Beliefs by the IRS Act.” The bill would protect the free-speech rights of 501(c)(4) organizations by prohibiting for one year the finalization of a proposed Internal Revenue Service (IRS) regulation that would significantly limit the advocacy and educational activities of these groups. The bill would also prevent additional targeting of 501(c)(4) organizations by restoring the IRS 501(c)(4) standards and definitions that were in place before the start of the agency’s targeting of conservative groups in 2010.  

First off, we have to presume that those two dudes are about to be audited.  The IRS, undoubtedly under the direction of someone in the White House, is in the process of rewriting its internal regulation that applies only to 501 (c)(4) organizations to narrowly define permissible activities.  The re-write does not address another other sections of the code, such as 501 (c)(3).  Given this fact, we have to know that the White House is going to put on a full-court-press to stop the pending legislation in its tracks.  

From the observation deck, it will be interesting to see just who lines up for the proposal and who lines up against it, the November elections being just nine months away.  Odds are that it will never come to the floor of the House.  When the corrupt are in charge, the battle of good against evil is a dead issue.  We have to make drastic changes in Washington and the sooner, the better. 

Illegitimi non carborundum. 

That's MY AMERICAN OPINION, respectfully submitted. 

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