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BOVARD: The Coming IRS Reign Of Terror | The Daily Caller

Posted by M. C. on May 10, 2021

A 2013 Inspector General report confirmed that IRS employees had devoted far more scrutiny to nonprofit applications that used the terms “tea party” or “patriot” or that criticized government spending or federal deficits. In 2017, the IRS formally apologized to scores of conservative groups that it had wrongfully targeted in tax audits.

https://dailycaller.com/2021/05/06/bovard-biden-taxes-irs-reign-of-terror/

James Bovard Contributor

The power to tax has long conferred the power to destroy political opponents. But in the glorious era of President Joe Biden, all previous cases of government abuse of power are being expunged, at least by the media and Biden supporters. That is why it is supposedly safe to vastly increase the power of perhaps the most feared federal agency, the Internal Revenue Service.

After announcing his endless wish list for new federal spending, Biden told Congress last week: “I’ve made clear that we can do it without increasing deficits.” Biden believes he has found a goose that will lay golden eggs for federal revenue — a new army of IRS agents to hound Americans and corporations to pay far more taxes.

The Washington Post reported that “the single biggest source of new revenue in the plan comes from dramatically expanding the clout of the nation’s tax agency.” Slate reported, “Biden wants to fund a massive upgrade to the American welfare state by making the IRS great at audits again.” (RELATED: ‘Everyone Loves The IRS’: Chris Christie Jokes Biden May Finally Unify America — Against Himself — With Tax Hikes)

But the agency Biden seeks to expand and unleash has an appalling record. As author David Burnham noted in “A Law Unto Itself: The IRS and the Abuse of Power” (1990), “In almost every administration since the IRS’s inception the information and power of the tax agency have been mobilized for explicitly political purposes.”

President Franklin Roosevelt used the IRS to harass newspaper publishers who were opposed to the New Deal, including William Randolph Hearst. FDR also dropped the IRS hammer on political rivals such as the populist firebrand Huey Long and radio agitator Father Coughlin, and prominent Republicans such as former Treasury Secretary Andrew Mellon. President John F. Kennedy spurred the IRS to launch the Ideological Organizations Audit Project, which targeted right-leaning groups, including the Christian Anti-Communist Crusade, the American Enterprise Institute and the Foundation for Economic Education. Nixon Administration officials gave the IRS a list of official enemies to, in the words of presidential assistant John Dean, “use the available federal machinery to screw our political enemies.” Congress enacted legislation to severely restrict political contacts between the White House and the IRS.

But the power of IRS agents continued to increase decade by decade. In 1988, then-Sen. David Pryor, a moderate Democrat from Arkansas, warned that the IRS “operates a near totalitarian system.” Pryor complained that the IRS had encouraged a “bounty-hunter mentality among revenue officers” and called for reforms to assure that the IRS “operates on the basis of public respect rather than fear.” Congress enacted a so-called Taxpayer Bill of Rights but it failed to curb the revenuers.

The Clinton administration, like many of its predecessors, exploited the IRS to punish its political enemies. In 1995, the White House and the Democratic National Committee produced a 331-page report entitled “Communication Stream of Conspiracy Commerce” that attacked magazines, think tanks, and other entities and individuals who had criticized President Bill Clinton. In the subsequent years, many organizations mentioned in the White House report were hit by IRS audits. More than 20 conservative organizations — including the Heritage Foundation and the American Spectator magazine — and almost a dozen individual high-profile Clinton accusers, such as Paula Jones and Gennifer Flowers, were audited. (RELATED: GOP Lawmakers Call On Trump Admin To End Tax Breaks For Abortions)

Members of Congress also routinely exploited their power to send the secret financial police against their enemies. The Associated Press reported in 1999 that “members of both parties in Congress have prompted hundreds of audits of political opponents in the 1990s,” including “personal demands for audits from members of Congress.” Audit requests from congressmen were marked “expedite” or “hot politically” and IRS officials were obliged to respond within 15 days. Because the abuse was bipartisan, there was little enthusiasm on Capitol Hill for an investigation.

In the Obama era, the IRS again became a political hit squad. The IRS demanded donor lists from 24 conservative nonprofits and proceeded to audit 10% of their donors — an audit rate ten times higher than average for the country. A 2013 Inspector General report confirmed that IRS employees had devoted far more scrutiny to nonprofit applications that used the terms “tea party” or “patriot” or that criticized government spending or federal deficits. In 2017, the IRS formally apologized to scores of conservative groups that it had wrongfully targeted in tax audits.

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The COVID Vaccine Is a Product of Systemic Racism

Posted by M. C. on May 10, 2021

https://www.chroniclesmagazine.org/blog/the-covid-vaccine-is-a-product-of-systemic-racism/

By Walter Block

(This op-ed is written by a politically correct analyst, who will remain anonymous, but brought to you by Walter E. Block.)

I cannot in good conscience take the COVID vaccine. Why not? Because its producers are mainly toxic white males. 

We wokesters want a COVID vaccine created in a more inclusive manner. Yes, yes, we will include a few token toxic white male supremacists, evil though they be, but we want laboratories that “Look Like America.” That means proportional representation by blacks, Hispanics, women, the transgendered, the queer, the bisexuals, the handicapped (both mentally and physically), young people, old people, people of color, Indigenous Americans, Asian Americans, and the vertically challenged.

But the COVID vaccines have not been created in anything approaching an inclusive manner. Unless and until this occurs, we pledge not to avail ourselves of these vaccines.

Why is this important? We the downtrodden will not feel safe until and unless the laboratories of the nation are emptied of most (not all—we are moderates, not radicals) cisgender white males. They are exploitive wherever they go; they have colonized; they have enslaved; they have exploited workers. These capitalists have ruined the economy and the environment.

The reason minorities are not proportionately represented among chemists, biologists, epidemiologists, and medical scientists is that they have all too few role models to emulate. Given our boycott, this will soon change. On that happy day, future consumers will not have to be bitterly disappointed that these occupations are non-inclusive.

Here are the details. After a pause in the distribution of the Johnson & Johnson vaccine, there are two COVID vaccines currently making the rounds. They are produced by Pfizer and Moderna, respectively. Who are the people associated with the creation of these COVID vaccines?

Pfizer lists the following individuals as being involved with vaccines: Nanette Cocero, William C. Gruber, Kathrin U. Jansen, Luis Jodar, and Nicholas Kitchin. Pfizer’s immunologists are Jean Beebe, Jeremy D. Gale, and Thomas A. Wynn. Those who study and cure rare diseases include Seng H. Cheng, Katherine L. Beaverson, Michael Binks, Christian Czech, Sarah Grimwood, Greg Larosa, John Murphy, and Clark Pan. Pfizer’s medical experts are Aida Habtezion and Mace L. Rothenberg. The team studying cardiovascular and metabolic diseases is comprised of Kendra K. Bence, Morris J. Birnbaum, Albert Kim, and Bei B. Zhang.

Of these people, only Habtezion, who is from Eritrea, is African-American.

Over at Moderna the executive committee consists of Stéphane Bancel, Stephen Hoge, Juan Andres, Marcello Damiani, Tracey Franklin, Lori Henderson, Ray Jordan, Corinne Le Goff, David Meline, and Tal Zaks. Moderna’s board members are listed as follows: Noubar Afeyan, Stéphane Bancel, Stephen Berenson, Sandra Horning, Robert Langer, Elizabeth Nabel, François Nader, Paul Sagan, Elizabeth Tallett, and Henri A. Termeer. Those on the scientific advisory board include Jack Szostak, Ulrich H. von Andrian, Michael Diamond, Ron Eydelloth, Rachel Green, Paula T. Hammond, Robert Langer, Sander G. Mills, Melissa Moore, and Ralph Weissleder.

An examination of their pictures reveals that only one of them, Hammond, is black. If this is not clear evidence of racism, then nothing is.

Blacks and African Americans comprise roughly 13 percent of the population of the United States. If their representation were even 10 percent of the people involved in creating COVID-19 vaccines, I would be satisfied. Exact representation is not required. After all, the National Football League and the National Basketball Association could never be considered racist, and their black representation greatly exceeds 13 percent. But this atrocious level of underrepresentation for black Americans in the COVID vaccine initiative cries out to the heavens for social justice.

“Equity” has not been even approximately achieved. 

So, our conscience dictates that we boycott Moderna and Pfizer’s products until and unless they engage in sufficient amount of skin color diversity and inclusiveness.

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The Next Pandemic: Chikungunya Virus – LewRockwell

Posted by M. C. on May 10, 2021

A businessman who will remain anonymous whispers to me: “There is no money in lysine therapy.” But there is plenty of money and no cure in vaccines.  A high rate of mutations combined with the lack of long-term immunity is making modern synthetic vaccines against viruses less effective than their predecessors.

https://www.lewrockwell.com/2021/05/no_author/the-next-pandemic-chikungunya-virus/

By Bill Sardi

A major public health announcement issued today at alternative websites across the worldwide web about a natural remedy for Chikungunya virus, a mosquito-borne infectious disease that plagues millions of people living in equatorial countries, is not being issued by major public health agencies.  Instead, a groundbreaking study (see press release below) was privately funded by a small research team of dedicated researchers in Reno, Nevada.

In the aforementioned study, albeit a small pilot human clinical trial, 97% of study subjects experienced a profound and rapid clinical effect, not just a statistical improvement, that would be anticipated to make a demonstrable impact on public health globally.

As such, news of it would normally be issued by The World Health Organization (WHO), its emergency licensure by the Food & Drug Administration, with funding by the National Institutes of Health (NIH).  But news outlets throughout the world are not expected to distribute news of this breakthrough because it doesn’t come with the imprimatur of the WHO or NIH.

See the rest here

Bill Sardi, writing from La Verne, California.

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10 Last-Minute Mother’s Day Gift Ideas For Your Wife Since We Know You Forgot

Posted by M. C. on May 9, 2021

https://babylonbee.com/news/10-last-minute-mothers-day-gift-ideas-since-we-know-you-forgot

Brought to you by: 


Mother’s Day is this Sunday, and you completely forgot. Oh no!

But don’t worry, The Babylon Bee is crashing into your life like the Kool-Aid man. Except instead of bringing cool, refreshing beverages, we’re bringing high-quality gift ideas for your wife since it totally slipped your mind. We got you, squad.

  • Play golf on Mother’s Day so she gets 5 hours of quality time with the kids — She will love you forever. She’ll be so speechless from this gift that she might not be able to say anything to you for days.
  • Give her permission to take the day off and just do all the chores on Monday — Let the dishes stack up, honey! Relax a little — there’s always Monday.
  • Dim the lights, turn on the TV, and whisper the seven words every woman wants to hear: “Lord of the Rings Extended Edition Marathon” — The world is changed. I feel it in the water. I feel it in the earth. I smell it in the air.
  • Get a vasectomy — Once you have a full baseball team worth of kids, the snip is the most romantic thing you can do.
  • Three words: surprise baby adoption! — If the vasectomy doesn’t do it for your wife, surprise her with the gift of a newborn! Or make it triplets if you really love her.
  • Give your kids unlimited glitter and glue to make a card. — Tell them to knock themselves out. And be sure to do it over the carpet. It’s the gift she’ll get to remember and lovingly reflect on every time she vacuums until the heat death of the universe.
  • Play Xbox all day and dedicate every Warzone kill to your wife. — When you snipe n00bpwnr69 right as he parachutes into the battlefield, put one finger up in the sky and say “This one’s for you, babe.”
  • Don’t get her anything, since she said she didn’t want anything and you were definitely supposed to believe her. — If she said she didn’t want any presents this year, just listen to her. It will make her feel loved and respected.
  • A fancy new spatula — Nothing says “I love you” like the gift of a spatula.
  • Frantically make her a card 30 seconds before she wakes up using a crayon and construction paper — She’ll love your vulnerability and honesty when you give her a card that you obviously threw together in a last-minute panic.

NOT SATIRE: Marriage Helper provides a research-based program that thousands of couples have used to save their marriages. And while marriage can get tough, there are some great reasons to stick together — check out Marriage Helper’s FREE marriage assessment today.

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Shocking Study Finds Paying People Not To Work Makes People Not Want To Work

Posted by M. C. on May 9, 2021

https://babylonbee.com/news/shocking-study-finds-paying-people-not-to-work-makes-people-not-want-to-work

U.S.—A surprising new study released Friday found that paying people not to work made people not want to work.

Amid shockingly low job numbers released today, the study suggested that some of that low unemployment was due to the government sending everyone more money than they would have made out working a job. Some smart expert analysts are seeing a connection between incentivizing people to stay home and them staying home.

“It’s really bizarre — telling people to stay home and watch Netflix while we send them money makes people just stay home and watch Netflix while we send them money,” said one government official. “It seems that when you just send people checks they don’t really see a point to going to work.”

“We could not possibly have foreseen this.”

At publishing time, experts had recommended raising the minimum wage to $1,000,000 an hour to incentivize people to go back to work, foreseeing no negative consequences from this course of action.

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In New Cut Of Empire Strikes Back, Vader Will Now Say ‘I Am Your Non-Birthing Person!’

Posted by M. C. on May 8, 2021

https://babylonbee.com/news/disney-rereleases-empire-strikes-back-with-revised-vader-line-i-am-your-non-birthing-person

BURBANK, CA—Disney confirmed today that all releases of The Empire Strikes Back will be rereleased with Darth Vader delivering his iconic line “No — I am your father!” as “No — I am your non-birthing person!”

The change will be more inclusive to non-binary people, who all love Star Wars, though most of them have only seen The Last Jedi. But Disney is hopeful this will get these new loyal fans to watch the rest of the movies and buy more merchandise.

“Think about all the trans people who have had to watch Empire and suffer in silence as Vader uses the word ‘father,'” said Kathleen Kennedy. “We all know that the main thing people love about Star Wars is the love, inclusion, and… harmony? I think harmony is in Star Wars. Also dinosaurs. I’m not sure, I’ve never watched a Star War. But that is what I am told.”

Not to be outdone, Warner Bros. will release a new Inclusive Cut of the Director’s Cut of Batman vs. Superman, where Batperson is stunned to find out that Superperson’s birthing person’s name is also Martha.

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The Truth Is Surely Baseless | Kunstler

Posted by M. C. on May 8, 2021

The urgent problem: how to squash the Arizona vote audit by branding it as an outlaw action, even though it was ordered under law by the Arizona State Senate. Having failed to stop it so far using the Swamp’s Lawfare cadres in the Arizona courts, the DOJ has called in its Civil Rights Division to get’er done, pretending that it will be an offense against people-of-color if auditors seek to know whether write-in votes correspond to actual addresses, and other particulars of election procedure that may have been violated.

Of course, the Arizona business is only one leak in a giant dike of official deceit built-up over the years to keep any truth from deluging the DC lowlands.

https://kunstler.com/clusterfuck-nation/the-truth-is-surely-baseless/

James Howard Kunstler

MADDOW: … I think we should see this as the Justice Department putting these whack jobs in Arizona, forgive me, on notice, that what they`re doing is something they`re not going to be allowed to do for very much longer.

O`DONNELL: I think ‘whack jobs’ is now in The New York Times style sheet for describing what`s happening in Arizona.

— MSNBC 5/5/21

What you’re seeing now with the DC establishment are desperate moves to keep the suspicious and yet more pissed-off public from understanding the government crime spree of the past five years that started with the Obama gang using the Department of Justice to disable and terminate Donald Trump and the threat he represented to the network of special privilege and money known as the Swamp, which has managed to put a deep-fake president in office as a last resort to protect itself.

The urgent problem: how to squash the Arizona vote audit by branding it as an outlaw action, even though it was ordered under law by the Arizona State Senate. Having failed to stop it so far using the Swamp’s Lawfare cadres in the Arizona courts, the DOJ has called in its Civil Rights Division to get’er done, pretending that it will be an offense against people-of-color if auditors seek to know whether write-in votes correspond to actual addresses, and other particulars of election procedure that may have been violated.

Of course, the Arizona business is only one leak in a giant dike of official deceit built-up over the years to keep any truth from deluging the DC lowlands. Other leaks are springing in New Hampshire and Michigan, with a wormhole opening up in Georgia. It will be interesting to see if cable TV news can keep painting the truth as something against the public interest. As many times as they style election fraud “a conspiracy theory” and “baseless,” the public relations arm of the Democratic Party still has a hard slog convincing at least 80-million Americans that a detailed review of a contested vote is a bad thing.

Meanwhile, other breaches in the dike threaten to flood the low-lying Swamp zone with existential threats. The DOJ, the FBI, and other agencies are so saturated in crime that the only feasible damage control they can do is to haplessly commit more crimes against the common decency of the republic to cover up their old crimes. Hence, the seizure of Rudy Giuliani’s phones and computers in a 6 a.m. raid last week, leading to the incriminating disclosure that the FBI secretly accessed Giuliani’s iCloud account to spy on his correspondence with Mr. Trump in the fall of 2019 during the first impeachment preliminaries. Are you kidding me? Who gave the order for that? To violate basic attorney-client privilege during a legal proceeding of the highest order? And what was behind the Giuliani raid?

Among other things, the horror show of corruption in Ukraine, starring (but not limited to) Joe and Hunter Biden in their ceaseless quest for grift, but also featuring many of the origins of the RussiaGate hoax and its spin-offs, plus the involvement of State Department personnel such as Ambassador Marie Yovanovitch and deputy George Kent, double-plus the shady activities of George Soros and his Atlantic Council in seditious activity working hand-in-hand with the CIA’s “whistleblower” (Eric Ciaramella) to damage Mr. Trump — who was impeached for simply inquiring about what was going on in Ukraine.

Mr. Giuliani had to conduct his own investigation into all that for the obvious reason that the usual US agencies who would ordinarily investigate official misconduct were actually perpetrating it: the DOJ, FBI, CIA, and State Department. And who, at the DOJ now, might be behind the current effort to neutralize Mr. Giuliani? Try Lisa Monaco, the new Deputy Attorney General, formerly one of Barack Obama’s chief White House fixers — i.e., an attorney detailed to shutting down investigations and covering the tracks left by questionable operations — and a protégé of former CIA Director John Brennan. Is the weak and pliable AG Merrick Garland fronting for her running the DOJ now? Joe Biden is going to need a whole lot of fixin’. And, is Lisa Monaco actually still reporting to Barack Obama? He can also probably use a fix or two. Who knows what’s coming down the pike? Just maybe a loaded semi driven by the nearly forgotten John Durham?

MSNBC might have made an unforced error on Wednesday scripting 10 o’clock troll Lawrence O’Donnell to diss former AG William Barr — some jive about Mr. Barr trying to mess with Special Counsel Robert Mueller’s efforts back in 2018 to nail Mr. Trump on an obstruction of justice rap. Is this the time to piss-off Mr. Barr? You have to wonder. Is it possible that the FBI concealed its possession of the Hunter Biden laptop from Mr. Barr during those 2019 days of impeachment, when Mr. Trump was attempting to mount a defense for making a phone call to Ukraine? Who might be responsible for hiding that, if it were so? By the way, it was Mr. Barr who, just before resigning in late 2020, made John Durham a Special Counsel, whose work — whatever that might be, maybe nothing at all, maybe something consequential, nobody knows — can’t be blocked by Merrick Garland (or Lisa Monaco).

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The Calm Before the Storm: Use it To Gain Strength To Fight the Coming Tyranny – LewRockwell

Posted by M. C. on May 8, 2021

This is the way of achieving total control over the long term of this population. It is based on fear, so new threats will emerge on a regular basis in order to perpetuate a dependence on government as savior. In fact, there will most certainly be additional threats and multi-faceted attacks on the psyche of the American public. Each step of this process will bring more suffering, more misery, and more carnage. This is the nature of the ruling beast, and if their campaign is successful, the people will become easier to control as time passes.

https://www.lewrockwell.com/2021/05/gary-d-barnett/the-calm-before-the-storm-use-it-to-gain-strength-to-fight-the-coming-tyranny/

“Nobody’s going to save you. No one’s going to cut you down, cut the thorns thick around you. No one’s going to storm the castle walls nor kiss awake your birth, climb down your hair, nor mount you onto the white steed. There is no one who will feed the yearning. Face it. You will have to do, do it yourself.”

~ Gloria E. Anzaldúa

Life is full of ups and downs, of calm and crashing waves, of silence and pandemonium, of joy and heartache, of living and dying. What smoothes these ever-changing and precarious times comes only from within, as individual inner spirit and the strength it brings is the essence of not only survival, but of life itself. In order to defeat the oppression and corruption that exists in this world, in order to be free, one must always depend on self, and never cower in the presence of evil. There is in this moment a brief time of more calm, but hell is coming, and death is coming with it. Prepare to face this challenge instead of fleeing from it. Prepare to fight back!

At this point in time, reverse propaganda has begun, and it will become more pronounced in the short term. It is being and will be said more often that the cases and death over the fraudulent ‘pandemic’ are lessening, and permission to move about, albeit with state-supported caution, will be slightly increased, but only temporarily. The ‘vaccines’ will be credited for ‘slowing the spread,’ but of course this is only a lie and a smokescreen. This is the calm before the storm. It is my studied opinion that these poisonous injections falsely called vaccines will cause extreme numbers of deaths in the near future. It may be a few months or later this fall, and certainly sustained over longer periods of time, but the death counts due to the very toxic and deadly nature of all of the Covid-19 shots will weaken the immune systems of tens of millions of people or more, and cause irreparable harm. At that point when deaths greatly increase, it will be blamed on yet another strain of this fake ‘virus.’ When this occurs, new and even more deadly injections will be touted, and the cycle will be never ending.

This is the way of achieving total control over the long term of this population. It is based on fear, so new threats will emerge on a regular basis in order to perpetuate a dependence on government as savior. In fact, there will most certainly be additional threats and multi-faceted attacks on the psyche of the American public. Each step of this process will bring more suffering, more misery, and more carnage. This is the nature of the ruling beast, and if their campaign is successful, the people will become easier to control as time passes.

In addition to these multiple threats, civil unrest, politically promoted and supported violence, looting, rioting, and allowed assaults will become normal, and this will lead to more lockdowns and extreme police state measures being prevalent across the country, especially in the highly concentrated population areas. The more intense this chaos becomes, the heavier the hand of the state will be.

Due to this staged calm, many falsely believe that all will return to what is ludicrously referred to as ‘normal,’ and that the destruction of the economy and financial system is not one of the agendas sought by the ruling class. This is a gross miscalculation, as in order to complete this takeover of society; the current financial and monetary systems must collapse. Controlling property and people, digitizing all money and monetary transaction, and capturing and controlling all life-sustaining necessities such as food and energy, must be accomplished before any finality of control can be assured. This requires starting over and completely restructuring all aspects of existence. This agenda cannot be accomplished by any marginal reform of this social and economic system, hence the term of the oligarchs, “building back better.”

The abhorrent CIA manipulated mainstream media, and the governing class will continually foment extreme division among the masses. This has been easy work to date, as the herd has taken the bait of its masters hook, line, and sinker. The left has been castigated more often by the right for this dividing of society, and it does seem obvious that there is some truth to this as post modern Marxists seem to revel in the destruction of morality, history, and tradition. But of course, this works both ways, and since the left and right where politics are concerned, are one and the same, and their agendas are virtually identical, taking sides is just falling into the division trap from another angle, and therefore a losing proposition. It is a better way to throw off all political ideology in favor of individual responsibility and self-awareness, thus setting the stage for the possibility of real independence for all.

Some may believe that philosophizing about these issues is not constructive and does not give specific solutions for how to defeat these monsters. That thinking is empty and without merit, and is the coward’s way out. It is merely an excuse for not taking action. In order to defeat evil, one must fully understand the enemy and how he thinks. In the case of the Covid scam, and the claimed ruler’s intent, it is imperative to forget the perceived threat, and concentrate on the end game sought. Total control of the people is the goal, and once this is known by the many, the solution should become obvious.

While I tire of saying the same thing over and over again, and of the repetition, the only viable solution to our problems is unity in disobedience, and a refusal to accept any mandate issued by this criminal cartel called the state. This strategy can destroy the perpetrators of this fraud without ever firing a shot or resorting to extreme violence that can only lead to death, destruction and defeat. As simple as this sounds, it is the most powerful response possible, and requires only that one seek independence by taking personal responsibility for himself, his family, and his own freedom. In order to help others, in order to regain sanity, each of us must first help himself, and shun all efforts to seek the rule of others or participate in collective idiocy. Stand and face adversity as an individual, or be swallowed up in a sea of mob ignorance and totalitarian madness.

“I was not born to be forced. I will breathe after my own fashion. Let us see who is the strongest.”

~ Henry David Thoreau, On the Duty of Civil Disobedience

Source links:

The coming financial coup and the Covid fraud

Depopulation by ‘vaccine’

Premeditated mass murder by vaccine

Obedience is weakness

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Erie Times E-Edition Article-House Dems object to Biden tax plan

Posted by M. C. on May 8, 2021

Good for farmers. Apparently your bought and paid for family inheritance is not so worthy.

https://erietimes-pa-app.newsmemory.com/?publink=0eb6e3c01_1345d70

Exemption for family farms needed, group of rural lawmakers says

Lindsey McPherson

Cq-Roll Call

WASHINGTON – A group of 13 House Democrats, led by Iowa’s Cindy Axne and California’s Jim Costa, is pressing party leaders to exempt family farms from a tax increase President Joe Biden has proposed on inherited assets to help pay for new child care, education and other spending.

Under Biden’s $1.8 trillion package of family related assistance, heirs would no longer receive “stepped up basis” for capital gains tax purposes, which resets the value of inherited property to the date of death.

Instead they’d be liable for the tax on the full appreciation in value from the time the original owner purchased the assets, in some cases decades earlier.

“The requirement to recognize capital gains at death runs the risk of forcing farms and ranches to sell part, or all, of a farm that may have been passed down for several generations in order to pay the tax burden,” the group wrote in a letter to Speaker Nancy Pelosi, House Majority Leader Steny H. Hoyer and Ways and Means Chairman Richard E. Neal.

Biden’s proposal would start taxing gains on inherited assets above $1 million, or $2.5 million per couple factoring in the current tax exclusion for up to $500,000 in gains on a primary residence. Biden also would raise the top capital gains tax rate from the current 23.8%to 43.4% for those earning above $1 million annually.

Biden’s proposal calls for “protections so that family owned businesses and farms will not have to pay taxes when given to heirs who continue to run the business,” sparing them from having to pay the tax immediately upon the original owner’s death.

But the White House’s fact sheet doesn’t provide detail on how that would work. And when the Joint Committee on Taxation analyzed a similar proposal from former President Obama, it found that such rules “are likely to be highly complex and, because of the attractiveness of the deferral benefit they provide, could become a significant source of disputes with” the IRS.

The rural Democrats joining Axne and Costa in the letter expressing concern about Biden’s proposal are Illinois’ Cheri Bustos; Minnesota’s Angie Craig; New York’s Antonio Delgado; Oregon’s Kurt Schrader; Virginia’s Abigail Spanberger; Arizona’s Tom O’Halleran; Washington’s Kim Schrier; and Californians Julia Brownley, Salud Carbajal, John Garamendi and Josh Harder.

The House Republicans’ campaign arm is targeting most of those 13 Democrats in the 2022 midterms. Brownley and Carbajal are the only two not on the National Republican Congressional Committee’s list of incumbents they think they can oust.

Of those signing the letter, six are on the Democratic Congressional Campaign Committee’s Frontline program list of lawmakers set for special help with their midterm races: Axne, Craig, Spanberger, O’Halleran, Harder and Schrier. “The repeal of stepped-up basis for capital gains and immediate taxation could especially hurt family farms, some of which have been in families for generations; therefore, we strongly urge you to provide full exemptions for these family farms and small businesses that are critical to our communities,” the group wrote.

Groups like the American Farm Bureau Federation have fought against proposals to repeal stepped up basis for years.

In a report last month, the Farm Bureau co-authored with the American Soybean Association, the groups looked at Agriculture Department data going back to 1997 and found the average value of cropland has risen 223% since. That could lead to such steep tax bills that affected farms would need years to pay it off, the report said. In a handful of states, including Iowa and Minnesota, the average increase in value tops 300%.

The Democratic letter-writers acknowledged that Biden’s intent is to ensure vast fortunes are not passed on without any taxation and that the president promised protections for familyowned businesses and farms.

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Watch a Cop Intentionally Damage a Car While Executing a Search Warrant – Reason.com

Posted by M. C. on May 8, 2021

A Messina, New York, police officer is under investigation after video showed him intentionally slamming a door into a car several times.

Anyone know a good home surveillance system?

https://reason.com/2021/05/06/watch-a-cop-intentionally-damage-a-car-while-executing-a-search-warrant/

C.J. Ciaramella

Be seeing you

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