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Archive for May, 2024
May 29th, 2024 at 11:26 am
Quote of the Day: Taxpayer Privacy and IRS Abuse
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At CFIF, the issue of improving taxpayer privacy and protection against persistent abuse by the Internal Revenue Service (IRS) remains among our most important missions.  Among the abuses that we’ve chronicled is the case of convicted criminal Charles Littlejohn, who rejoined the IRS in 2017 with the specific purpose of illegally breaching and leaking the private tax returns of Donald Trump and other Americans to radical left-wing organizations like ProPublica.

In The Wall Street Journal this week, one of those victims speaks out on his own experience and the need for greater taxpayer protection against this recurring problem that should terrify all Americans of every political persuasion.  Ira Stoll, whose tax information was passed to ProPublica, even helpfully details how federal law allows victimized taxpayers to sue the government for at least $1,000 and attorneys’ fees.  His broader point, however, is that crimes like those perpetrated against him could be avoided if the IRS simply collected and retained less confidential information, much of which it doesn’t even need for legitimate operational purposes:

 

The problem transcends the Littlejohn leak.  A 2022 report from the Government Accountability Office documented 462 unauthorized accesses or disclosures of tax information between 2012 and 2021, ‘of which 24 resulted in guilty outcomes’ after referrals to the Justice Department.  Much of this could be solved if the government simply collected and stored less confidential data.”

 

We agree wholeheartedly, and applaud Mr. Stoll for speaking out even though ProPublica retains his data and could vindictively release it at any time.

May 19th, 2024 at 11:04 pm
Image of the Day: Americans’ Shrinking Earnings Under Joe Biden
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Joe Biden tells Americans that he’s helping them by building “from the bottom up and the middle out.”  But the numbers don’t lie, and the ugly reality is that he’s only dragging us all toward the bottom.  Throughout his presidency, wage gains (green) have been consistently exceeded by inflation (blue), meaning loss in real earnings (red):

Bidenomcs Means Lost Earnings

Bidenomics Means Lost Earnings

May 8th, 2024 at 12:39 pm
Image of the Day: “Bidenomics” Crushes Consumer Confidence
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Consumer spending accounts for approximately two-thirds of the U.S. economy, so Joe Biden’s crushing impact on consumer confidence helps resolve his apologists’ confusion over Biden’s economic disapproval.  After inheriting an economy rebounding from the Covid shock, Biden’s policies quickly drove consumer confidence back downward, where it continues to stagnate.  No wonder he finds himself in such electoral hot water.

Bidenomics Crushing Consumer Confidence

Bidenomics Crushes Consumer Confidence