A new poll has found that the majority of all Americans believe the federal government has too much power – news that comes in wake of numerous government scandals, including the IRS’ targeting of conservatives and the feds’ targeting of journalists. Gallup on Monday released survey findings indicating that 54 percent of Americans consider the federal government too powerful, while only eight... 

Alex Jones covers the discovery by Treasury Department investigators that has rooted out an IRS fraud scheme that allows illegals to collect billions in tax refunds, the AP reported on August 8: IRS discouraged fraud detection in ID program Source  Read More »

Americans denouncing their citizenship in record numbers If you think residing in America is taxing, just talk to one of the many expatriates who is contributing to a shocking statistic recently discovered: across the globe, people are renouncing their US citizenship in record numbers. At least 1,788 Americans officially threw away their US citizenship in 2011, exceeding the totals from 2007, 2008... 

Calls increased use of liens during tough economic times unnecessary. A government watchdog says the Internal Revenue Service is tormenting struggling taxpayers in the midst of a slumping economy by increasing the number of liens the agency has filed against people who owe back taxes. The IRS filed nearly 1.1 million liens in the budget year that ended in September, a 14 percent jump over the previous... 

Before I disclose the solution of how to fix America, I must give you some background history to validate the solution. America’s economic problems started on February 3, 1913 with the ratification of the 16th amendment (the income tax amendment) signed into law by President Woodrow Wilson then compounded by the Federal Reserve Act, signed into law on December 23, 1913. The first income tax imposed... 

A Jewish tax evader was sentenced Friday to 10 months in federal prison after claiming his Jewish parents’ experience fleeing the Nazi Holocaust drove him to compulsively hide more than $10 million in secret accounts at Swiss bank UBS AG and other offshore tax havens. U.S. District Judge Adalberto Jordan imposed the longest sentence to date for a UBS client against 65-year-old Jack Barouh, even... 

Update 5: The IRS gave us this statement: “We can confirm that a small plane hit a building in Austin, Texas that includes IRS offices. This is the Echelon 1 Building, which houses about 190 IRS employees. We are still in the process of accounting for all of our employees. We will be providing updates as more information becomes available.” Update 4: This appears to be Stack’s manifesto. Update... 

Bank Bailouts The Treasury may have made some silly paper “profit” on its bailout of Citigroup (C) but the taxpayer may not get much of anything. The Washington Post reports that as part of the bank’s TARP payback agreement, it’s quietly been given a $38 billion tax break by the IRS. Seriously. The Internal Revenue Service on Friday issued an exception to long-standing tax rules... 

The Swiss government said it is ready to confiscate UBS client information to prevent the bank from violating secrecy laws by handing documents over to the U.S. government. The IRS is battling in a Miami court to force UBS to provide information on the accounts of 52,000 U.S.-based taxpayers. However, UBS contends that doing so would violate Swiss banking secrecy laws. Instead, the bank has chosen... 

WASHINGTON — The Federal reserve sharply stepped up its efforts to bolster the economy on Wednesday, announcing that it would pump an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities. Having already reduced the key interest it controls nearly to zero, the central bank has increasingly turned to alternatives like buying securities as a way of getting...