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Tuesday, August 20, 2013

Eric W. Dolan — IRS faces lawsuit for failing to enforce church electioneering ban

IRS faces lawsuit for failing to enforce church electioneering ban (via Raw Story )
The Internal Revenue Service was unable to suppress a lawsuit over its failure to audit thousand of churches that allegedly violated federal tax law by engaging in partisan advocacy. U.S. District Judge Lynn Adelman of the Western District of Wisconsin…


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3 comments:

  1. Tom HickeyAugust 20, 2013 at 10:40 PM

    Interesting intersection of economics, law, government policy, and religion. The suit is apparently over preferential treatment that is over a preferential economic advantage.

    ReplyDelete
  2. Roger EricksonAugust 20, 2013 at 11:41 PM

    Where, exactly, do FICA taxes go? Can we sue the IRS or Treasury

    a) for their arbitrary imposition of yet another Demand Leakage
    (it's gotta contravene some National Security act)

    b) for their arbitrary distribution only to labor income, and then only to some labor income

    ReplyDelete
  3. Roger EricksonAugust 21, 2013 at 12:36 AM

    Sweden decides that private equity profits should be taxed as income, not as "carried interest" investment gains.

    http://www.businessweek.com/news/2013-08-20/sweden-hits-eqt-partners-with-100-million-in-tax-charges-1

    ReplyDelete