Sunday, January 18, 2015

I.R.S., Already Hobbled, Likely to Be Further Damaged -

I.R.S., Already Hobbled, Likely to Be Further Damaged -
The Editorial Board
 "The obsession among House conservatives to hobble the Internal Revenue Service is about to pay off this tax season in foolhardy budget cuts to the agency that will cost the government an estimated $2 billion in lost revenue. That works out to about $6 in lost taxes for every $1 in cuts Congress made in reducing the I.R.S. budget another 3 percent this year, according to the Treasury Department. The slashed budget is a victory for penny-wise-and-pound-foolish politicians. It amounts to payback demanded by House Republicans to penalize the I.R.S. for daring to scrutinize Tea Party operations that tried to claim exemptions under the tax code for nonpolitical groups. Democratic groups trying the same thing were also scrutinized."

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1 comment:

  1. George, I followed this one closely. There is no question that the IRS systematically deceived the Congress. None. And they have doubled down on that. So they have disappointed me in three ways: they applied the tax law with politics in mind, they deceived the Congress, and they are denying what they plainly did. What goes around, comes around.