New IRS Form Proves President Asshat Lied About Obamacare Tax (Video)

New IRS Form Proves Obama Lied About Individual Mandate Tax – ATR

On Thursday the IRS released a slew of draft 2014 tax forms. The new draft Form 1040 shows a new surtax line has been created for the payment of the individual mandate surtax – see line 61 of the 1040:

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President Obama has repeatedly denied that the surtax is in fact actually a tax. The most prominent example was a heated exchange on ABC’s This Week in Sept. 2009, when George Stephanopoulos confronted Obama with a dictionary:

STEPHANOPOULOS: I – I don’t think I’m making it up. Merriam Webster’s Dictionary: Tax – “a charge, usually of money, imposed by authority on persons or property for public purposes.”

OBAMA: George, the fact that you looked up Merriam’s Dictionary, the definition of tax increase, indicates to me that you’re stretching a little bit right now. Otherwise, you wouldn’t have gone to the dictionary to check on the definition. I mean what…

STEPHANOPOULOS: Well, no, but…

OBAMA: …what you’re saying is…

STEPHANOPOULOS: I wanted to check for myself. But your critics say it is a tax increase.

OBAMA: My critics say everything is a tax increase. My critics say that I’m taking over every sector of the economy. You know that.

Look, we can have a legitimate debate about whether or not we’re going to have an individual mandate or not, but…

STEPHANOPOULOS: But you reject that it’s a tax increase?

OBAMA: I absolutely reject that notion. [Transcript]

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It was always obvious that the penalty for not complying with Obamacare’s individual mandate was just another surtax:

* The surtax is collected by, and enforced by, the IRS.
* As shown by the newly released draft Form 1040, the surtax is paid as part of normal income tax filing by taxpayers.
* The individual mandate surtax was written into tax law itself by the Obamacare statute.
* Revenues derived from the individual mandate surtax have always been scored by the Congressional Budget Office as tax revenue.

Famously, Chief Justice John Roberts pointed out that the individual mandate surtax is in fact a tax. However, that does not compel conservatives to agree that Obamacare’s individual mandate is Constitutional. The same decision declared the individual mandate unconstitutional under the Commerce Clause. Conservatives can accept that this surtax is a tax increase without accepting the constitutionality of the individual mandate.

The Obamacare individual mandate non-compliance surtax is one of at least seven Obamacare taxes that violate the President’s “firm pledge” not to raise any tax on any American making less than $250,000 per year. Thorough documentation of Obama’s promise can be found here.

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Obama’s Corrupt IRS Shared Conservatives’ Confidential Tax Information With The FBI

Report: IRS Sent Database Containing Confidential Taxpayer Information To FBI – National Review

The Internal Revenue Service may have been caught violating federal tax law: In October 2010, the agency sent a database on 501(c)(4) social-welfare groups containing confidential taxpayer information to the Federal Bureau of Investigation, according to documents obtained by a House panel.

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The information was transmitted in advance of former IRS official Lois Lerner’s meeting the same month with Justice Department officials about the possibility of using campaign-finance laws to prosecute certain nonprofit groups. E-mails between Lerner and Richard Pilger, the director of the Justice Department’s election-crimes branch, obtained through a subpoena to Attorney General Eric Holder, show Lerner asking about the format in which the FBI preferred the data to be sent.

“This revelation that the IRS sent 1.1 million pages of nonprofit tax-return data – including confidential taxpayer information – to the FBI confirms suspicions that the IRS worked with the Justice Department to facilitate the potential investigation of nonprofit groups engaged in lawful political speech,” Oversight Committee chairman Darrell Issa, a California Republican, and subcommittee chairman Jim Jordan wrote in a letter to IRS commissioner John Koskinen. The two lawmakers also raise questions about the timing of the meeting, just weeks before the 2010 midterm elections, when Republicans recaptured a majority in the House of Representatives.

The Justice Department never prosecuted social-welfare groups, and e-mails from IRS officials show their awareness that, as a result of the Supreme Court’s 2010 decision in the Citizens United case, which allowed unlimited amounts of money from nonprofit groups and labor unions to flow into the political process, the law did not favor a crackdown on anonymous donations to politically orientated nonprofits, which sprouted up on all sides in the wake of the ruling. “We don’t have the law to do something,” an IRS official responsible for tax-exempt organizations said in a September 2010 e-mail.

The documents were subpoenaed as a part of the Oversight Committee’s ongoing investigation into the IRS’ targeting of right-leaning groups, which took place against the backdrop of the Citizens United ruling. E-mails cited in a committee report released in March show that the decision caused a lot of angst for Lerner and her colleagues in the IRS’s Exempt Organizations division, and she noted in public remarks that the agency was under pressure to “fix the problem” created by the decision.

Though the Justice Department never took nonprofit groups to court, the committee has argued that Lerner attempted engaged in a politicized witch hunt against conservative groups by implementing a system where applications for tax exemption were inappropriately scrutinized and by jump-starting efforts to rewrite the rules by which 501(c)(4) social-welfare groups can qualify for tax exemption. Those rules prompted an outcry from groups on both sides of the political spectrum and the agency is currently rewriting them.

Issa and Jordan have requested from the IRS all documents relating to the transmittal of the database. “This revelation likely means that the IRS – including possibly Lois Lerner – violated federal tax law by transmitting this information to the Department of Justice in 2010,” they said.

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IRS To Impose $36,500 Tax Per Employee On Businesses That Dump Workers Into Obamacare Exchanges

IRS: Employers Face $36,500 Per Worker Tax For ‘Obamacare Dumping’ – Big Government

The Internal Revenue Service ruled it will impose a tax penalty on employers of up to $36,500 per worker for dumping employees into the Obamacare exchanges.

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The New York Times, which broke the story, reports:

When employers provide coverage, their contributions, averaging more than $5,000 a year per employee, are not counted as taxable income to workers. But the Internal Revenue Service said employers could not meet their obligations under the health care law by simply reimbursing employees for some or all of their premium costs.

The IRS ruling is an effort by the Obama administration to stop employers with 50 or more workers from doing what critics of the health law said they would do: pay a penalty for not providing insurance and dump workers into the unpopular Obamacare program.

With the Nov. 4 midterm elections looming, the Obama administration could not allow massive waves of employer cancellations before Democrats face an already angry electorate. So the IRS ruled it would slap any employer with a $100 tax penalty per day per worker that used tax-exempt health insurance monies to cut workers a lump check and dump them on the Obamacare exchanges.

The new IRS rule comes on the heels of the Obama administration’s announcement that it will bail out insurers which participate in the Obamacare program which lose cash. As the Times notes, “Administration officials hope the payments will stabilize premiums and prevent rate increases that could embarrass Democrats in this year’s midterm elections.”

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Obama’s Treasury Seizing Tax Refunds From Adult Children To Pay Parents’ Social Security Debts

Shakedown: Treasury Now Seizing Tax Refunds From Adult Children To Pay Parents’ Decades-Old Social Security Debts – Hot Air

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When I say “debts,” I don’t mean loans that the parents willingly sought from SSA. It would be bad enough to hold a kid responsible for that (since when are children responsible for their parents’ obligations?), but at least it would have been voluntarily incurred by mom/dad. The “debts” here are overpayments of Social Security benefits, the product of SSA’s own errors. The parents who received them might not have even realized they were getting money they weren’t supposed to have. And now, somehow, it’s junior’s problem.

But wait. It gets worse.

When [Mary] Grice was 4, back in 1960, her father died, leaving her mother with five children to raise. Until the kids turned 18, Sadie Grice got survivor benefits from Social Security to help feed and clothe them.

Now, Social Security claims it overpaid someone in the Grice family – it’s not sure who – in 1977. After 37 years of silence, four years after Sadie Grice died, the government is coming after her daughter. Why the feds chose to take Mary’s money, rather than her surviving siblings’, is a mystery…

“It was a shock,” said Grice, 58. “What incenses me is the way they went about this. They gave me no notice, they can’t prove that I received any overpayment, and they use intimidation tactics, threatening to report this to the credit bureaus.”…

Social Security officials told Grice that six people – Grice, her four siblings and her father’s first wife, whom she never knew – had received benefits under her father’s account. The government doesn’t look into exactly who got the overpayment; the policy is to seek compensation from the oldest sibling and work down through the family until the debt is paid.

SSA insists that they did send notice – to a P.O. Box that Grice hasn’t owned for 35 years, even though they have her current address.

How can they demand restitution for a mistaken payment made in the late 1970s, let alone from someone who didn’t even receive it? Because: The farm bill that passed in 2011 lifted the 10-year statute of limitations on debts owed to the feds. Treasury has collected more than $400 million since then on very old obligations, many of them below the radar of public scrutiny because the amounts are often small enough, i.e. a few hundred dollars, that the targets find it’s cheaper to pay up than to fight. It’s a shakedown, based on the flawed assumption that a child not only must have benefited from the overpayment to his parent but that he/she received the entirety of the benefit, with little proof offered that the debt even exists. (One man who was forced to pay demanded a receipt from SSA affirming that his balance was now zero. The SSA clerk told him he’d put in the request but that the man shouldn’t expect to receive anything.) The only reason you’re hearing about Grice’s case, I think, is because they went after her for thousands, not hundreds, of dollars, which was enough of a hit to make her get a lawyer. Turns out that the feds had seized and then continued to hold her federal and state refunds, an amount greater than $4,400 – even though they were only demanding $2,996 from her to pay off her father’s debt. Lo and behold, once WaPo found out and started asking questions, the $1,400 excess was promptly returned to her. Amazing how fast bureaucracy can move when someone looks behind the curtain.

The whole thing is Kafkaesque – opaque, oppressive, arbitrary, and sinister in its indifference to making sure the right person pays so long as someone does. After reading the story, it’s not obvious to me what’s stopping Treasury from demanding a payment from every taxpayer whose parents are dead. If the chief witnesses are gone and the feds don’t have to prove that a child actually received any benefits from overpayment, the only “check” on this process is SSA’s willingness to tell the truth about who owes them money and how much. You trust them, don’t you?

Exit question from Karl: Isn’t holding children responsible for their parents’ retirement debts the governing model of the Democratic Party?

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Related video:

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Leftist Nightmare Update: 33,000 Jobs Lost Due To Obamacare’s Medical Device Tax

Study: 33,000 Jobs Impacted Due To Obamacare’s Medical Device Tax – WNEW

A new study reveals that nearly 33,000 jobs have been impacted due to the Affordable Care Act’s medical device excise tax.

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The report comes from the Advanced Medical Technology Association following an online survey of member companies last year.

“According to the report, the tax has led to employment reductions of approximately 14,000 industry workers and foregone hiring of 19,000 workers,” the study stated. “The total job impact of the tax on industry employment was approximately 33,000.”

Stephen J. Ubl, CEO of AdvaMed, said this tax needs to be repealed.

“During a time when there is bipartisan support for growing high-technology manufacturing jobs, these results should serve as a wake-up call. As a result of the medical device tax, we have seen an unprecedented impact on jobs and key investments in R&D (research and development),” Ubl said. “The findings of the report underscore the need to repeal this tax.”

Unified in their opposition to Obamacare, Republicans have been relentless in focusing on its problems, from complaints of canceled policies to higher insurance premiums and President Barack Obama’s unilateral decision to delay for two years the requirement that small businesses cover employees.

The GOP effort has intensified this election year as Republicans look to capitalize on dissatisfaction with the law, turning voter dismay into November victories. The ill effect of Obamacare is the GOP’s constant refrain.

Nearly 3.3 million Americans have enrolled through the federal and state marketplaces as the federal online site worked out the problems of its disastrous rollout, a recent sign of promise for the 4-year-old law.

A silver lining for Democrats in the recent enrollment numbers is the actual sign-ups exceeding projected totals in New Hampshire, North Carolina, Michigan and Colorado, according to the January figures. Three of those states have Senate Democrats who voted for the law and now face re-election – Kay Hagan in North Carolina, Jeanne Shaheen in New Hampshire and Mark Udall in Colorado.

In the next eight months before the election, Republicans who call the shots in the House will cast a harsh spotlight on the law through hearings and narrowly focused legislation designed to divide Democrats. The GOP has done it this year with bills requiring the Obama administration to report weekly on how many Americans have signed up for health care coverage and a measure bolting new security requirements on the law.

One bill drew the support of 33 Democrats; the other attracted 67 Democrats who bucked the administration.

Last year, House Republicans voted more than 40 times to repeal, replace or gut the law, and strong GOP opposition to Obamacare precipitated the 16-day partial government shutdown last fall that was a political blow to Republicans.

Since recovered, Republicans say privately they are unlikely to push for full repeal in light of the law’s popular elements, such as insurance for individuals even with an existing condition and allowing children to remain on their parents’ plans until age 26. Also, Republicans have been unable to unify around an alternative to health care plan.

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IRS Issued $4 Billion In Fraudulent Tax Refunds To Identity Thieves

Report: IRS Refunded $4B To Identity Thieves – Big Government

The Internal Revenue Service issued $4 billion in fraudulent tax refunds last year to people using stolen identities, with some of the money going to addresses in Bulgaria, Lithuania and Ireland, according to an inspector general’s report released Thursday.

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The IRS sent a total of 655 tax refunds to a single address in Lithuania, and 343 refunds went to a lone address in Shanghai.

In the U.S., more fraudulent returns went to Miami than any other city. Other top destinations were Chicago, Detroit, Atlanta and Houston.

The IRS has stepped up efforts to fight identity theft, but thieves are getting more aggressive, said the report by J. Russell George, Treasury’s inspector general for tax administration. Last year, the IRS stopped more than $12 billion in fraudulent refunds from going to identity thieves, compared with $8 billion the year before.

“Identity theft continues to be a serious problem with devastating consequences for taxpayers and an enormous impact on tax administration,” George said in a statement. The fraud “erodes taxpayer confidence in the federal tax system.”

Thieves often steal Social Security numbers from people who don’t have to file tax returns, including the young, the old and people who have died, the report said. In other cases, thieves use stolen Social Security numbers to file fraudulent tax returns before the legitimate taxpayer files.

The IRS, which takes pride in issuing quick refunds, often sends them out before employers are required to file forms documenting wages, the report said.

“The constantly evolving tactics used by scammers to commit identity theft continues to be one of the biggest challenges facing the IRS, and we take this issue very seriously,” the IRS said in a statement. “The IRS has a comprehensive and aggressive identity theft strategy that focuses on preventing refund fraud, investigating these crimes and assisting taxpayers victimized by it.”

Despite budget cuts, the agency said, agents have resolved more than 565,000 cases of identity theft this year, three times the number of cases resolved at the same time last year.

A separate report by George said the number of identity theft victims is on the rise as thieves get more aggressive.

Through June, the IRS identified 1.6 million victims who had their identities stolen during this year’s tax filing season, the report said. That compares with 1.2 million victims in 2012.

Many of these people didn’t realize they were victims until they submitted their returns only to learn from the IRS that someone else had already used their Social Security number to file and claim a refund.

The IRS does a good job of eventually identifying the proper owner of Social Security numbers, but the process can be lengthy, the report said. For cases closed between August 2011 and July 2012, it took an average of 312 days to resolve the case and issue a proper refund, the report said.

The IRS said it has resolved most of this year’s identity theft cases within 120 days.

Last year, the IRS issued 1.1 million refunds to people using stolen Social Security numbers, the inspector general’s report said. Those refunds totaled $3.6 billion. By comparison, the IRS issued $5.2 billion in refunds to people who stole Social Security numbers in 2011, the report said.

Additionally, the IRS issued 141,000 refunds last year to people using stolen taxpayer identification numbers, which are typically used by foreign citizens who earn money in the U.S. Those refunds totaled $385 million, the report said.

Florida is a big target of identity theft in part because of the large number of older residents living there. Older and younger people can be targets for identity theft because many don’t meet the income requirements to file a federal tax return.

Nearly 38,000 potentially fraudulent refunds, totaling $147 million, were sent to addresses in Miami, the report said.

Among individual homes, one address in Orlando received 580 tax refunds totaling $870,000, the report said. Another Orlando address received 291 refunds totaling $466,000.

Sen. Bill Nelson, D-Fla., has introduced a bill that would toughen criminal penalties for people who file fake tax returns under someone else’s name. The bill would also require the IRS to get legitimate taxpayers the refunds they’re due within 90 days.

“While these reports show that some progress is being made in reducing tax fraud, it’s also clear that there is still much to be done and there are still a number of improvements that need to be made to protect both taxpayers and the U.S. Treasury,” Nelson said.

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Massive Tax And Securities Fraud: Biofuels Firm Cheated Victims Out Of $100M

Biofuels Firm’s Fraud Cheated Victims Of $100M, Feds Say – Indianapolis Business Journal

Federal prosecutors announced charges Wednesday connected to a Henry County biofuel refinery as part of a massive tax and securities fraud investigation, saying the operation cheated victims out of more than $100 million.

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………………………………U.S. Attorney Joe Hogsett

The fraud is alleged to be the biggest instance of tax and securities fraud in Indiana history.

The U.S. Securities and Exchange Commission launched an investigation last year into E-biofuels LLC in Middletown. E-biofuels filed for bankruptcy in April 2012. Its parent company, Evansville-based Imperial Petroleum Inc., received subpoenas from the SEC and a grand jury that May, according to a regulatory filing.

Imperial had to hand over an array of documents relating to E-biofuels’ accounting, purchases and sales of biodiesel, and tax credits and other incentives received from government agencies, the filing said.

“The purpose of the subpoena is to determine whether any federal laws have been violated,” the filing said.

Charging documents released Wednesday afternoon cited 88 counts against seven people and three corporations. Charges included allegations of conspiracy, wire fraud, false tax claims, false statements under the Clean Air Act, obstruction of justice, money laundering and securities fraud.

Prosecutors allege that E-biofuels actually wasn’t producing biofuel. Instead, it was purchasing fuel and selling it to customers as its own product for a profit.

E-biofuels also fraudulently collected on about $35 million in federal tax breaks reserved for biofuel producers, according to charging documents.

Brothers Chad and Craig Ducey launched E-biofuels in 2007. The plant was supposed to produce 10 million gallons of biodiesel per year. Lawsuits against the company indicate that it did not reach that mark.

Chad Ducey is a Fishers resident and Craig Ducey lives in Fortville, according to a bankruptcy filing. Both are named as defendants in the fraud case. They, along with co-defendants Chris Ducey and Brian Carmichael, were the primary operators of E-biofuels, according to charging documents.

The four men conspired with co-defendants Joseph Furando and Evelyn Katirina Pattison—two executives with a pair of related New Jersey-based companies—to purchase lower-grade fuel from third parties and then pretend that it was high-grade fuel from the E-biofuels plant.

The government alleges that the defendants sold more than 35 million gallons of the inferior fuel between July 2009 and May 2012. Unwitting customers paid an inflated price. All told, they were defrauded of more than $55 million.

Imperial bought E-biofuels in 2010 for $3.75 million in Imperial’s thinly traded stock and $15 million in debt. In a regulatory filing from April 30, 2012, Imperial said that 99.6 percent of its revenue stemmed from E-biofuels.

The government alleges that Jeffrey Wilson, the president and CEO of Imperial, knew that E-biofuels was purchasing biodiesel from third parties instead of making its own. He hid this fact from investors, sharholders and outside auditors. He also made false statements in Imperial’s annual and quarterly reports filed with the SEC.

Imperial’s accounting firm resigned in August 2012, citing concerns its auditors could not rely on the company’s financial reporting for E-biofuels, according to an SEC filing. The filing did not specify what the problems were.

Carmichael reportedly has offered to plead guilty to a charge of conspiracy to defraud the United States. If convicted, he faces up to five years in federal prison.

The six other defendants face up to 20 years in federal prisoon on some counts, as well as significant fines. The three companies indicted Wednesday also face significant fines and other regulatory action.

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