Thursday, May 30, 2013

President Obama’s IRS now wants to pre fill out your tax return and mail it to you Don't give them more power

Don't be fooled into giving the Obama IRS more power...They will be in charge of your healthcare with over 20+ new taxes. Don't buy into them pre filling out your tax return.

The Internal Revenue Service (IRS) recently apologized for flagging 75 conservative groups that used terms such as “tea party” or “patriot” in their filings. With this in mind, how good do you feel about giving the agency more power? If some in the Obama administration have their way, the IRS will be taking even more control over your tax returns.
Under a so-called return-free system, the IRS would send you a pre-filled tax return. You would either accept the IRS’s determination and enclose a check or receive a refund, or file your own alternative return. Simple, easy, and voluntary — they say.
Unfortunately, the rosy scenario the IRS and its allies tout runs head-first into reality. The IRS is charged with collecting taxes and enforcing the law when taxpayers don’t comply. The agency has an incentive to maximize the revenue it collects from a given taxpayer. A taxpayer, meanwhile, has an incentive to minimize his or her tax burden by taking deductions and credits to the full extent of the law. If the IRS got into the tax preparation business, there would be a conflict between its interests and taxpayers’ interests. Don’t let President Obama’s IRS fool you. A return-free tax filing program is a bad idea that could double the size of the IRS and expose taxpayers either to a de facto tax increase or liability for tax evasion. More power is the last thing we should be giving the Internal Revenue Service. Source

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