Tuesday, August 25, 2009

Rep. Charles Rangel(Corrupt Evil Party-NY) doesn't pay taxes,

but he damn sure wants you to pay penalties if you make a mistake:
...But there are other "revenue provisions" in the bill that also deserve a close look.

One would change the law to mandate that the Internal Revenue Service slap penalties on honest but errant taxpayers.

Under current law, taxpayers who lose an argument with the IRS can generally avoid penalties by showing they tried in good faith to comply with the tax law. In a broad range of circumstances, the health-care bill would change the law to impose strict liability penalties for income-tax underpayments, meaning that taxpayers will no longer have the luxury of making an honest mistake. The ability of even the IRS to waive penalties in sympathetic cases would be sharply curtailed.

The proposed changes in penalty rules have largely escaped notice because they are buried in a part of the bill that purports to deal with abusive tax shelters. They are barely mentioned in the Ways and Means Committee summary. Their inclusion in the bill underscores the need to read it closely. If anyone had doubts about the value of loading the text of the bill into a wheelbarrow and bringing it to the beach this August, the proposed changes to tax penalties should dispel them
.
Read it all, preferably with breakables out of reach. You can't blame this on the Conyers(Miserable Corrupticrat) bullshit on "We don't have time to read the bill"; the bastards deliberately wrote this into the bill.

More and more, I'm leaning toward the soapbox; you know, the one under the feet of the politician with the rope around his neck?

No comments: