Tag Archives: Internal Revenue Service

Sep 25 2009

Americans Buy Insurance or Risk year in jail or a $25,000 penalty

Americans who fail to pay the penalty for not buying insurance would face legal action from the Internal Revenue Service, according to the Joint Committee on Taxation.

Violators could be charged with a misdemeanor and could face up to a year in jail or a $25,000 penalty,

The remarks Thursday from the committee’s chief of staff, Thomas Barthold, seems to further weaken President Barack Obama’s contention last week that the individual mandate penalty, which could go as high as $1,900, is not a tax increase. Read More

Isn’t this what could be called a dictator’s policy? Or in the least a tax increase on Americans! Wake-up people do you want Obama dictating that you have to buy insurance? All people should be mad as hell about this no matter black, white, liberal or conservative and the young people should really be mad as many are very healthly and therefore don’t want to buy insurance.

Mar 31 2009

IRS Agent Admits Cheating on His Own Taxes

An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes.

In a plea agreement filed Monday in Orange County, 43-year-old Jim H. Liu (LOO) of Diamond Bar admitted that he filed a tax return claiming a loss on a real estate transaction when he in fact saw a large profit.

He pleaded guilty to one federal count of subscribing to a false tax return, a charge that carries a penalty of up to three years in prison. Read More

Americans need to refuse to pay taxes until all the people in government is checked out and we are sure they have paid their own tax! Why should we pay taxes when the White House is full of tax dodgers!

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Another day, another Obama nominee with tax problems

Kathleen Sebelius, President Obama’s nominee to become Health and Human Services secretary, said in a letter obtained by the…..click on link to keep reading.