IRS

Trump, Soros and a weaponized DoJ

In 2013, the IRS targeted the Tea Party and other conservative organizations for special scrutiny. Four years later, the federal government reached a settlement and the IRS apologized. Is it about to be déjà vu all over again? The Trump administration is embarking upon a major campaign against leading liberal organizations. The first shot came in late August when President Trump demanded that the liberal billionaire George Soros and his son, Alex, be charged under the federal Racketeer Influenced and Corrupt Organizations Act for supporting violent protests across America. The libertarian CATO Institute, a redoubt for decades of free speech advocates, promptly observed that “the call to prosecute may be bluster.” Wrong.

Donald Trump

The Trump White House is The Real Housewives of Pennsylvania Avenue

In the latest episode of “As the Trump Turns,” Elon Musk and Secretary Treasury Scott Bessent, two incredibly powerful billionaires, got into a White House screaming match over who gets to be the acting commissioner of the IRS. According to Axios, Bessent accused Musk of going behind his back to get Trump to appoint Musk’s favored candidate. Musk “clapped back,” calling Bessent a “Soros agent,” and accusing him of running a “failed hedge fund.” “Fuck you!” Bessent screamed. “Say it louder!” shouted Musk. There were no reports of anyone ripping down drapes or tossing a champagne glass in anyone else’s face. But this is how Donald Trump runs his White House.

Treasury Secretary Scott Bessent attends a Cabinet meeting at the White House on February 26, 2025 in Washington, DC (Getty Images)

Could this be the last time I ever have to pay my taxes? 

Another Tax Day has come and gone. Here I sit, all broken-hearted. The tax-industrial complex has once again swallowed up thousands of dollars that used to be mine. But this year, I found myself legitimately wondering: could this be the last time I ever have to pay my taxes?  One of the major pillars of President Trump’s economic platform is the abolition of income tax for all Americans who make less than $150,000 a year. This sounds like a fantasy, an empty chicken-in-every-pot promise, like a student council candidate winking after saying, “If you elect me, I’ll make sure we have soda in the drinking fountains.” But if Trump 2.0 has shown anything this year, it’s a willingness to set into motion seemingly impossible plans.

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What Trump’s executive orders will do

The newly sworn-in President Trump had a busy inaugural day. Between swearing into office and waving a saber around while dancing to “YMCA” at an inaugural ball, he also signed several executive orders and proclamations. After signing his cabinet and other nominations, President Trump’s first order of business was to proclaim that all flags should be flown at full staff for this and all future inauguration days. Following the inaugural parade, President Trump signed a bevy of additional executive documents as thousands of his supporters cheered.

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The IRS is coming for your fantasy football winnings

The NFL’s regular season has come and gone: the playoffs are upon us. Fantasy football players everywhere must wait until the summer to draft their next winning teams. And the anti-fun freaks at the IRS see all of this as an opportunity to tax the hell out of Americans who just want to enjoy some football. Soon, fantasy football commissioners will be under massive scrutiny by the feds, who are set to crack down on Venmo payments that go to the winners. These commissioners, the unheralded heroes who make their seasons happen, volunteer their time so they can spend an entire season trash-talking their best friends. Thanks to the Democrats, they're now left to wonder if they need to hire a CPA to oversee future draft days.

The trouble with the progressives’ proposed wealth tax

As the level of US debt zooms past the $34 trillion mark, it has become increasingly clear that the American left has no intention of trying to help control government spending. To the extent that annual deficits must be trimmed to protect the integrity of the nation’s currency, Democrats and their allies are instead planning to go beyond the current progressive tax on income and institute a new levy on citizens’ assets. Some such as Senator Elizabeth Warren openly advocate taking the conventional idea of a property tax and applying it to everything a person owns — cash, savings accounts, stocks, jewelry and even art.

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The Biden crime family is our own reality-TV mafia show

I have been meaning to weigh in on [cue scary music] Special Counsel David Weiss’s sham indictment of Hunter Biden on felony gun charges for a few days. I am glad I waited.  It’s not that I have changed my mind about the indictments, or company man Weiss. Everyone knows he is on the job as an interior decorator, whose primary task is to produce window dressing for the Department of Injustice so that its two-tier deployment of police power is not too obvious to the casual onlooker. Weiss has supposedly been investigating Hunter Biden for the last five years. Wouldn’t you know it, the statute of limitation on many of the tax charges is passing by like that herd of cows outside your train window even as I write.

Hunter’s court date is the least of his worries

Hunter Biden will appear at a Wilmington court on Wednesday to plead guilty to two misdemeanor counts of failing to pay taxes. These charges are the result of the prolonged investigation that has been the subject of serious claims of political interference from two IRS whistleblowers. Along with a pretrial agreement relating to a felony gun charge, the misdemeanors make up what many in Washington see to be a sweetheart deal for the president’s son.  Assuming Hunter’s lawyer can concentrate between bong rips, and Hunter himself manages to tear himself away from Nobu Malibu and make it to court on time, it should be a fairly routine appearance.

IRS whistleblowers allege special treatment for Hunter Biden

The Department of Justice denied agents investigating Hunter Biden’s taxes and foreign business deals access to evidence and witnesses, according to two IRS whistleblowers.   The House Oversight Committee heard testimony from Special Agent Joseph Ziegler and his supervisor Gary Shapley of the IRS during a six-hour hearing Wednesday. The two agents involved in Biden’s criminal probe expressed frustration at how US attorney for Delaware David Weiss and prosecutors within the DoJ handled the investigation.

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Are the walls closing in on ol’ Joe?

Confronted with devastating evidence of Biden family grifting, the president’s advocates are abandoning their old defenses and trying some new ones.  Some are attempting to change the subject. Nancy Pelosi offers a sterling example. Asked about the latest evidence connecting Joe Biden with Hunter’s corrupt schemes, she replied that she was too busy defending women’s reproductive rights. Not exactly a full-throated defense of the president. Still others are repeating the familiar refrain, “But Trump is worse.” (More on that in a minute.)  Finally, a shrinking band of Biden supporters are sticking with their old line: you may have caught everyone who shares Joe’s DNA, but you haven’t caught ol’ Joe himself.

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Was Joe Biden in on Hunter’s grift?

The Republicans investigating the Biden family grift had a big week, not that you would know it from reading the New York Times or Washington Post. Just how big a week it will turn out to be depends on whether congressional investigators can actually prove what the two IRS whistleblowers allege.  The allegations, presented at a press conference by Republicans on the House Ways and Means Committee Thursday, are based on testimony from those whistleblowers. They make several key points:  The Department of Justice deliberately delayed and impeded the IRS investigation of Hunter Biden’s tax affairs The Department of Justice rejected recommendations by IRS investigators that Hunter be charged with multiple felonies for tax violations.

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The IRS came for Matt Taibbi. Could you be next?

“Just because you’re paranoid doesn’t mean they aren’t after you,” Joseph Heller wrote in Catch-22. And Matt Taibbi has every reason to be paranoid, The journalist has spent his career reporting on some of the most powerful entities on earth, often exposing stories they’d rather keep out of public view. As the most prominent reporter involved in the Twitter Files, Taibbi has already attracted the wrath of many of Elon Musk’s critics in politics and media. Now it seems the government itself is paying attention. According to Taibbi, an IRS agent showed up at his home the very day that he was testifying before Congress on revelations about Twitter to the Select Subcommittee on the Weaponization of the Federal Government.

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Everything Everywhere All at Once might not be complex enough

The New York Times has called Everything Everywhere All at Once “a swirl of genre anarchy.” It simultaneously works as a tender story of acceptance, an exploration of the pressures of not living up to parental expectations, an existential study on whether or not anything matters, a reminder to be kinder to others, and a love story about reigniting the spark in a marriage that has seemingly run its course. It’s a family drama, a sci-fi mess of multiple universes, a superhero battle to save the world, comedy, and action movie. As Vox's Alex Abad-Santos said, “No amount of description — alternate timelines, jumps, existential crises, moms, hot dog fingers, butt plugs, etc. — could ever accurately describe what’s happening at any given moment during this maximalist fantasia.

Everything Everywhere

Why it’s time to end the debt ceiling and fund the IRS

Amid the much-anticipated debt ceiling imbroglio, it’s become clear that our national debt can't keep growing like this. To tackle this issue, we need to start by admitting the problem: about 70 percent of federal spending is mandatory, meaning it grows automatically without congressional input. Unfortunately, most of this is Social Security, Medicare, Medicaid, and other politically popular entitlement programs. Cutting the benefits these programs dole out is a political third rail most self-interested political actors won’t dare to touch. Luckily, we don't need to eliminate these programs. What entitlement reform supporters want is to secure these programs’ solvency and make sure they’re there for future generations.

Unpicking the armed IRS agent hysteria

For a profession more hated than telemarketers and meter maids, last week the Internal Revenue Service put up a job ad that sounded so cool it even made Cockburn consider it. The IRS is in the market for a Special Agent, specifically one that can fire a gun and is “willing to use deadly force if necessary,” for its law enforcement division, Criminal Investigation (CI). The agency is set to double in size and is recruiting more staff following the passage of the Inflation Reduction Act, a Democratic spending bill which President Biden is set to sign today.

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Who’s targeted by the $600 IRS reporting requirement?

Tucked away in the reconciliation bill now bogged down in Congress is a requirement that banks report the annual deposits and withdrawals from every bank account that has activity of more than $600 a year. It would not list individual transactions, just the total money flow in and out. Ostensibly, this is to catch rich people who have been under reporting income. Secretary of the Treasury Janet Yellen gave as an example: “High-income individuals with opaque sources of income that are not reported to the IRS, there's a lot of tax fraud and cheating that's going on.” Wages, salaries and fees are already reported to the IRS through W-2 forms. So is investment income. That sort of income is what a large majority of American families depend on.

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What if Congressmen weren’t allowed to hire accountants to do their taxes?

Here’s a wild idea: what if Congressmen and women weren’t allowed to hire accountants or lawyers, use software or go to H&R Block to fill out their tax returns? What if, like that brave 10 percent who do their taxes themselves, Congress had to sit down and do their taxes on their own? Their first time would be atrocious: wading through hundreds of pages of tax code, endless provisions, starting their forms out from scratch when they got something wrong. All this with the fear of making a mistake and getting audited, with nobody to blame but themselves. It would be glorious: our legislators would be forced to acknowledge how monstrous the tax system is.

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