A little more perspective on the whole healthcare tax debate courtesy of Daily Intel.
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Tim Geithner: Cutting IRS Budget Hurts Taxpayers
FYI to any members of Congress who still think it’s a good idea:
Treasury Secretary Timothy Geithner on Wednesday said potential cuts to the Internal Revenue Service budget would damage the agency’s ability to collect revenues. “Any substantial cuts to the IRS budget will hurt revenue collection and service to taxpayers, resulting in unanswered phone calls and letters,” Geithner said in the text of remarks prepared for a House Appropriations subcommittee hearing.
Never mind the fact that taxpayers are getting a lot of bang for their buck:
“The customer service and enforcement programs at the IRS provide one of the best values in the federal government,” Geithner said.
What else do you need to know?
Geithner: Cuts To IRS Budget Would Hurt Revenue Collection [Dow Jones]
Pot Taxes May Not Be Such a Cash Cow Due to, Well, the Cash
I was originally going to talk about how Colorado's pot tax revenues are in trouble […]
Alan Grayson Attempts to Explain Why He Doesn’t Support the Tax Cut Deal
The only problem is, MSNBC host Lawrence O’Donnell (an unabashed Democrat who supports the deal) IS NOT HAVING IT.
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Some favorite moments:
• “I use that term specifically, ‘caved in.'” – Because that’s what Dems do, baby!
• Circa :54 – any use of the term ‘pernicious’ is welcome in our book; Some bald guy is shaking his head incessantly; Arianna Huffington looks like an amused heiress (which is what she always looks like).
• At 2:27 – Larry officially starts flipping out.
• “You are WRONG, sir.” – Grayson is already fanning the heat with his hands at this point.
• “When you’re out of office in January and watching this from the sidelines.” – Too soon!
• At 3:25 there’s an audible sigh by Grayson that gives us the impression he can’t keep from laughing.
• “BE AN ADULT ABOUT THIS CONGRESSMAN!”
[via BI]