In other news:
- As the British government flails in its attempts to implement Brexit, impatient “leave” voters are contemplating a tax resistance campaign if their decision is not implemented. One anonymous propagandist for the effort made sure this threat was visible across Sunderland.
- The House Joint Committee on Taxation prepared a report on the “Tax Cuts and Jobs Act” that went into effect . The report was designed to to address how the act affects taxpayers at different income levels, but I was mostly interested in the bottom-line, which showed that the law is expected to result in the government bringing in $259,454,000,000 less in federal taxes than it otherwise would have .
- The Government Accountability Office is the latest government agency to issue an alarming report about how employee attrition in the enforcement branch of the IRS has led to a dramatic decline in audits and other enforcement activities. (The reaction from Congress? Telling the IRS to hush up about the problem in the hopes that the tax evaders won’t notice. Representative Mike Kelly: “I don’t think that I would want to be a cheerleader, telling those people that don’t want to pay their taxes: ‘Hey, you know what? We are not going to be able to come after you because I don’t have enough money,’ Those comments are better kept internally.”)
- Ruth Benn pens an obit for war tax resister Joffre Stewart.