Monday, June 3, 2013

THE WRONG IRS SCANDALS

It should be a SCANDAL that the IRS is targeting medical marijuana clinics. The IRS contends that you can NOT take business deductions if you are doing something nefarious, such as selling medical marijuana.

This means that a medical marijuana clinic can NOT deduct employee wages, purchase of supplies, rent, etc.  How can it go wrong if we allow the IRS to enforce our drug prohibition laws? Let me count the ways.

It should be a SCANDAL that ANYONE can use a nonprofit corporation to turn a nondeductible political contribution into a tax deductible political contribution. Either we ALL get to deduct political contributions or NO ONE gets to deduct political contributions.

There is NOTHING that you and I can do about the idiocy of the Citizens United decision. But Congress can pass a law stating that any contributions to a nonprofit will NOT be tax deductible if those contributions are used for a political campaign.

Personally, I think that we should make political contributions tax deductible and PUBLIC. I think it is really important that we know where the political contributions are coming from.

But you all would rather beat up on underpaid, undertrained, and overworked people in Cincinnati. Or better yet, to dream that anyone in authority would have allowed agents to make decisions based on the name of an organization. People in authority in the IRS, and indeed the entire US, know better than to make decisions based only on an organization's name.

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