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Given the time frame of the IRS issues was right in the middle of an election, it would be "sane" to say the President's motivation would be to impair funding to political opponents. Given we are commenting on a website that is a nonprofit, it would reasonable to say if Minnpost was not granted nonprofit status that its donation would be materially less then current levels. I believe the same would be true for 501(c)(4) entities, no tax exempt status no donations.
Low level actors...
The only evidence is the total lack of structural communication and accountability. Every other complex origination in world would have leadership taking timely responsibility for the actions of the organization. I can't understand how something of this magnitude wouldn't have been brought to the attention of leadership sooner, especially given the acting Commissioner of IRS knew in May of 2012. Please tell me how you think he is a low level figure?
Regardless of your opinion of...
So you're arguing that a Bush appointee didn't escalate discrimination against conservative groups? That seems slightly counterintuitive, but I hope it makes you feel better. A more logical argument would be that the position is a non-political appointment and a Dem Senate approved the confirmation in 2008, so the issue is likely structural in nature?
The issue is not the application of 501(c)(4), its the discrimination in the application. I personally do not think any of the aforementioned activities are worthy of tax exempt status, nor Minnpost for that matter, but that will not change the law. As long as the law exists it needs to be applied uniformly.
You keep mentioning Bush appointee as if he was some kind of hyper political appointment, effectively a crutch for any acceptance of responsibility. This is just false, he was...
Go to Fargo before commenting or at least Google the cost of buying out a single home in Fargo, then extrapolate.
If we all dodged the tax bullet in TPaw years why not go European and levy a billion or two directly from deposit accounts. You could even look back to see if anyone who disproportionate benefited from not paying taxes during the Pawlenty years has moved out the state.
I think the parts you are missing in the extra 30k you describe above are liquidity and risk. How do I find the liquidity to pay the increase, not all taxable income results in the wherewithal to actually pay. In your example you would be looking at approx 430k of just fed tax liability. The second question is should I continue to reinvest capital in a business in which effectively all of my investment could be at risk and my max upside is less than 50 cents on a dollar earned, if I can...
What does everyone think the new top MN individual tax rate will be next year? I'm going with 10.99 starting at 150k for married 85k for singles with no sunset.
Thanks Minnpost comment police. Baseless personal attack?
Is that better or worse that he couldn't turn a single vote in the Senate after those 24days?