Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Income Tax

IRS Revokes Tax-exempt Status from Patrick Henry Center

English: US Postage stamp, Credo issue of 1961...

English: US Postage stamp, Credo issue of 1961, 4c, famous quote by Patrick Henry (Photo credit: Wikipedia)

Now, at last, Gary Aldrich is free to speak his mind on matters of great concern to him without having to worry about overstepping the bounds imposed on his First Amendment rights by the Internal Revenue Service. His Patrick Henry Center for Individual Liberty had its tax-exempt status under Section 501(c)3 of the Internal Revenue Code revoked, effective last July. The final determination letter was dated December 31 but just released to the media this week. It said:

Keep Reading…

Social Security Stops Seizing Refund Checks for Decades-Old Debts

Social Security Poster: old man

Social Security Poster: old man (Photo credit: Wikipedia)

Mary Grice, a resident of Maryland, was expecting her refund checks of $4,462 from the IRS and the state of Maryland. They never came. Instead she got a letter from the Social Security Administration (SSA) saying that they took them to settle a debt owed by her father – in 1977. When the Washington Post learned that she was filing suit over the matter, things began to happen. She told them: “It was a shock. What incenses me is the way they went about this. They gave me no notice.”

Her attorney, Robert Vogel, amped up the issue, putting the SSA on the defensive. Their explanation was spotty. Apparently

Keep Reading…

Senator Levin Castigates Caterpillar for Using Legal Loopholes

Caterpillar logo

Caterpillar logo (Photo credit: Wikipedia)

Using the power of the bully pulpit as chairman of the Senate Permanent Subcommittee on Investigations, Michigan Senator Carl Levin attacked Caterpillar on Tuesday for using loopholes in the law to save the company an estimated $2.4 billion in taxes since 2000. Executives from Caterpillar as well as the company’s accounting firm PriceWaterhouseCoopers (PWC) were called on the carpet for

Keep Reading…

Connecticut’s Governor as King Canute

Seal of the Governor of Connecticut.

Seal of the Governor of Connecticut. (Photo credit: Wikipedia)

This article first appeared at the McAlvany Intelligence Advisor on Monday, March 31, 2014:

King Canute appears to have been reincarnated in the body of Connecticut Governor Dannel Malloy. On Thursday, the governor announced, with great fanfare, that by raising the state’s minimum wage to $10.10 an hour, he will be simultaneously raising people out of poverty, restoring business confidence, and bringing days of wine and roses back to the Nutmeg State:

Keep Reading…

Connecticut Raises its Minimum Wage to $10.10 an Hour

Governor's Agreement With State Employees

Governor’s Agreement With State Employees (Photo credit: CT Senate Democrats)

In a remarkable display of hubris and economic ignorance, Connecticut Governor Dannel Malloy proudly announced on Thursday that his state is the first to raise the minimum wage to $10.10 an hour:

This is just a step in moving people in the right direction.

We will be lifting people out of poverty in the state of Connecticut. Increasing the minimum wage is not just good for workers, it’s also good for business.

What the new law will really do as it is phased in over the next three years is

Keep Reading…

Only One-Quarter of ObamaCare enrollees are young and healthy

With the announcement on Monday that less than one-fourth of the 2.2 million people who have signed up for ObamaCare are young and healthy – between ages 18 and 34 – have come questions about the viability of ObamaCare itself. What if those young and healthy don’t sign up but decide to pay the penalty instead? What happens to the health insurance companies’ “model” – the actuarial assumptions made to estimate premiums? What will happen to premiums in the future?

Keep Reading…

Job One for New Mayor: Turn New York into Detroit

This article first appeared at The McAlvany Intelligence Advisor on Thursday, January 2nd, 2014:

Progressive mouthpieces like ABC News and the New York Times could hardly contain their glee over the election of one of their own to the mayor’s office: Bill de Blasio. ABC News hailed de Blasio “as the face of a progressive movement that pledges a significant realignment of the nation’s largest city … that is poised to enact sweeping changes to the city …”, while the Times delighted to note that

Keep Reading…

Free Market Alternatives to Obamacare Already Exist

More than a year ago, Dr. Barbara Bellar, a medical doctor with a JD degree, was running for office as an Illinois State Senator, and provided a sound byte that continues to reverberate across the internet, having been viewed as of this writing some 3,675,000 times. The clip lasts less than two minutes, including laughter and applause from her audience, to whom she said:

So let me get this straight. This is a long sentence:

Keep Reading…

CBO report: the rich pay most of the taxes while the poor get checks

Jane Wells, a business news reporter for CNBC, after reviewing the latest report from the Congressional Budget Office (CBO) on who pays income taxes in America, claimed that the rich pay them all. The CBO, wrote Wells, showed that the top 20 percent pay nearly 93 percent of all income taxes, while the top 40 percent

Keep Reading…

Even Lower Gas Prices are Coming, says CNBC

On Friday Anthony Grisanti was jubilant. Writing for CNBC, he predicted that gas prices, down significantly from where they were in April, would continue to slide by at least another 10 cents per gallon, perhaps more. That would bring the average price, currently at $3.29 a gallon, closer to

Keep Reading…

Jesse Jackson, Jr. to be sentenced on Wednesday

This article was first published at The McAlvany Intelligence Advisor on Wednesday, August 14th, 2013:

 

At 8:30AM Wednesday morning, a federal judge will sentence former Illinois congressman Jesse Jackson, Jr. and his wife Sandra, former Chicago alderman, for using $750,000 of campaign funds for personal purposes and underreporting $600,000 of income to the IRS. He could get up to four years behind bars, while she is facing a maximum of 18 months.

But they do things differently in Chicago. They might just get

Keep Reading…

CBO Cost Estimates on Senate Immigration Bill Celebrated, Challenged

When the Congressional Budget Office’s cost estimate of S. 744 – the Gang of Eight’s controversial immigration bill – was published on Tuesday, there was celebrating on both sides of the issue. Said Senator Charles Schumer (D-N.Y.), one of that gang and the original sponsor of the bill:

Simply put, this report is a huge

Keep Reading…

House can starve Obamacare, but it won’t.

The current scandals rocking the IRS are giving an excuse for some in the House to threaten shutting off funding for Obamacare. The optimist side of me says, Yea, Do It! The pessimist side says they’ll get their funding. The realist side says Obamacare will speed up the bankruptcy of the US.

All funding bills start in the House and I’ve long wondered why

Keep Reading…

Staff Report from the IMF Blames the European Union for Mishandling the Greek Crisis

The report from the International Monetary Fund is remarkable in its candor: efforts to bail out Greece were fumbled as the IMF, the European Commission and the European Central Bank all tried to promote their own agendas with little regard for the lowly Greek citizen.

Happily the disclaimer appeared on the front page:

Keep Reading…

Jay Sekulow files lawsuit against the IRS, as promised

Sekulow heads up the American Center for Law and Justice (ACLJ). The initials reflect a deliberate alternative to the ACLU when it was set up by Pat Robertson back in 1990. Last week he announced his intention to sue the IRS on behalf of a number of Tea Party and Patriot groups singled out by the IRS for “special attention,” and yesterday he did.

He’s suing everyone within shouting distance:

Keep Reading…

IRS Investigations Used in the Past to Intimidate and Punish White House Enemies

The recent admissions of guilt by the Internal Revenue Service (IRS) that it deliberately targeted conservative non-profits for intimidation have forced to the surface a long list of other IRS abuses that have faded from public memory with the passage of time.

The IRS has been a tool of intimidation and neutralization for decades under administrations as far back as

Keep Reading…

Today is Tax Freedom Day, Except…

According to the Tax Foundation, “tax freedom day” – the day when the nation as a whole has earned enough money to pay all of its taxes for the year – arrived five days later this year than last year: Thursday, April 18th. The math is simple:

Keep Reading…

Is Dr. Ben Carson Gearing Up for 2016?

Still enjoying the afterglow from his speech that, according to the New York Times, “lofted him into the conservative firmament as its newest star,” Dr. Benjamin Carson sat down with Times writer Trip Gabriel last week to expand on his beliefs and his political future. When asked directly about that future, Carson said

Keep Reading…

Cyprus Deal Turns Bank Depositors into Lenders, Abolishes National Sovereignty

Late Sunday night the president of Cyprus, Nicos Anastasiades, was officially informed of the deal the unelected Eurogroup had come up with in order for Cyprus to receive its bailout from the European Central Bank. Anastasiades flew to Brussels on Sunday to meet with Mario Draghi, the president of the European Central Bank (ECB), Christine Lagarde, the managing director of the International Monetary Fund (IMF), and Jose Barroso, the president of the European commission. The meeting was run by Herman Van Rompuy, the president of the European Council. On his way to the meeting, Anastasiades admitted that

Keep Reading…

Cypriots Forced to Pay the Piper

In an outrageous, audacious and unprecedented move, the European Union has abrogated Cypriot sovereignty and imposed an immediate tax on citizens of Cyprus holding their money in local banks. The rate is 6.7% on accounts under 100,000 euros and 9.9% on accounts over 100,000. It was imposed on Saturday even before the Cyprus government met to approve it. In other words,

Keep Reading…

Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.

Site Search

Tweet Us

Latest Comments