Showing posts with label irs. Show all posts
Showing posts with label irs. Show all posts

Thursday, February 13, 2014

Evil’ Koch Brothers Rank #59 in Political Donations Behind 18 Different Unions

Democrats hate the Koch Brothers


They believe the Koch Brothers are the root of all evil because they donate to Republicans and conservative causes.
koch protest
Democrats even threaten and protest against the Koch Brothers.

This week Senate Democrats once again asked the IRS to crack down on conservative groups including Americans for Prosperity, funded by the billionaire industrialists Charles and David Koch.
Democrats want to silence the opposition.

So how big of a threat are the Koch Brothers?
Over the past twenty five years, from 1989 to 2014, Koch Industries has donated $18,083,948 in political contributions to Republicans. While that seems like a large sum, it only ranks them as number 59 on the list of top all-time political donors – behind 18 different unions.

Here is the list of unions that top the Koch Brothers in political donations.
Via Open Secrets:

2.) American Fedn of State, County & Municipal Employees $60,667,379
4.) National Education Assn $53,594,488
7.) Intl Brotherhood of Electrical Workers $44,478,789
8.) United Auto Workers $41,667,858
9.) Carpenters & Joiners Union $39,260,371
10.) Service Employees International Union $38,395,690
11.) Laborers Union $37,494,010
12.) American Federation of Teachers $36,713,325
13.) Communications Workers of America $36,188,135
14.) Teamsters Union $36,123,209
16.) United Food & Commercial Workers Union $33,756,550
20.) Machinists & Aerospace Workers Union $31,313,097
23.) AFL-CIO $30,938,977
32.) National Assn of Letter Carriers $26,106,359
39.) Plumbers & Pipefitters Union $23,886,248
42.) Operating Engineers Union $23,036,848
43.) International Assn of Fire Fighters $22,963,260
46.) Sheet Metal Workers Union $22,372,978
59.) Koch Industries $18,083,948

Remember this the next time you read an article by some leftist demonizing the Koch Brothers.

100% Of The Established 501 (c)(4) Groups Audited By IRS Were Conservative


Excerpted from WSJ: A Republican House committee chairman said the Internal Revenue Service targeted tax-exempt conservative groups for audits, widening the scope of GOP ire over the agency’s oversight of political activities.

House Democrats pushed back, saying Republicans were seeking to use the IRS controversy to score political points with their conservative base in an election year.

The IRS has been under scrutiny since an inspector general’s report last May found that the agency had targeted conservative groups for lengthy and heavy-handed review of their applications to become tax-exempt organizations under section 501(c) 4 of the tax code. The controversy led to significant management shakeups at the IRS and generated a slew of congressional investigations, some of which are still going on.

On Tuesday, House Ways and Means Chairman Dave Camp (R., Mich.) said his committee’s continuing investigation has found that the IRS also singled out established conservative tax-exempt groups for audits.

“We now know that the IRS targeted not only right-leaning applicants, but also right-leaning groups that were already operating as 501(c)(4)s,” Mr. Camp said in a statement. “At Washington, DC’s direction, dozens of groups operating as 501(c)(4)s were flagged for IRS surveillance, including monitoring of the groups’ activities, websites and any other publicly available information. Of these groups, 83% were right-leaning. And of the groups the IRS selected for audit, 100% were right-leaning.” Read More

Friday, February 1, 2013

Obamacare Will Cost US Families $20,000 Per Year but my $20 birth control is FREE!

Back in March 2010 Barack Obama told supporters that with Obamacare their premiums would decrease by 3,000%. Now we find that under Obamacare the cheapest health insurance plan available will cost a family $20,000 for the year.
CNS News reported:

In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.

Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.

The IRS’s assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.

The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.

“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.

Bronze will be the lowest tier health-insurance plan available under Obamacare–after Silver, Gold, and Platinum. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016.