

By Richard W. Rahn
Budget fantasy won't help us cope with coming fiscal disaster
Independent voices from the TWT Communities

A little-noticed proposed change in Internal Revenue Service regulations could have devastating effects for charter school teachers by making them ineligible for state retirement plans, and they could stand to lose much of the money that they already have accrued.

Once upon a time, political ads were simple, falling into two cliched categories: warm 'n' fuzzy soft-focus personal appeals and scathing critiques of rival candidates, rife with unflattering photographs and exploding hydrogen bombs. No longer.
A request by reality television star Richard Hatch to give the Internal Revenue Service a reduced payment of $25 for January in his tax evasion case has been denied by a Rhode Island judge.

Government corruption can take many forms. Last week, most of those forms could be seen in the actions of the Obama administration - everything from government officials taking simple bribes, to covering up wrongdoing, to using taxpayer money to pay off political supporters, to using government prosecutors to punish enemies, to failing to fulfill its fiduciary duty to citizens by not performing cost-benefit analyses before taking actions.

If you thought the battle over public-sector-pay packages was settled in statehouses in Wisconsin, Ohio and elsewhere think again, because you ain't seen nothin' yet.

The mission of the D.C. Children & Youth Investment Trust Corp., the nonprofit group at the center of former D.C. Council member Harry Thomas' theft scandal, is to expand and improve services for local children, especially when they are out of school.

Sen. Tom Coburn, a Republican from Oklahoma who isn't afraid of questioning federal spending for popular projects, is challenging $20 million a year in new funding for the National September 11 Memorial and Museum in New York City.

Despite losing Tuesday's Florida primary, Newt Gingrich showcased his voluntary, 15 percent flat tax - 2012's smartest idea yet, both strategically and substantively. Through the Nov. 6 election, this concept can inoculate Republicans from the Democrats' ceaseless lies about the wealthy "not paying their fare share" of taxes. If implemented, Mr. Gingrich's plan would reinvigorate America's feeble economy.
The federal government has swooped down on 105 people in 23 states in the past week as part of a nationwide crackdown on identity theft and tax refund fraud that was timed to warn cheats to beware this tax season, the Internal Revenue Service said Tuesday.
Whatever they think of his social conservatism, real friends of domestic manufacturing - and, by extension, a genuinely healthy U.S. economy - owe Rick Santorum a hearty, "Thanks."

A public-private trust at the center of former D.C. Council member Harry Thomas Jr.'s theft scandal doled out more than $100,000 to other groups not registered as nonprofits and others that don't exist in city records, raising more questions about the oversight of D.C. taxpayer money.

The 2012 Republican primary race has passed well beyond the rabbit hole into some extra-dimensional bizarro world where up is down, black is white and the allies of the candidate who disavowed Reaganism would have us believe that the leader of the "second stage of the Reagan Revolution" is somehow insufficiently Reaganesque.

There was very little that was really new in President Obama's agenda-setting State of the Union address to the nation Tuesday. Since when is it new for Mr. Obama to call for higher taxes on our economy?

President Obama went on and on Tuesday about how important it was for Americans to pay their "fair share of taxes." He can start with his own administration. The number of employees on the federal dole has swelled 13 percent on his watch, and the amount they owe in back taxes is now over $1 billion. Talk about double dipping: These bureaucrats take your tax dollars and then return nothing to the Internal Revenue Service (IRS).
It's never been easier to prepare your own tax return.

By Stephen Dinan - The Washington Times
updated 12 minutes ago
The FDA has won its two-year fight to shut down an Amish farmer who was ...

By Tom Howell Jr. - The Washington Times
A Northwest resident has obtained petitions to kick off his arduous mission of recalling Mayor ...

By Anthony McCartney - Associated Press
Whitney Houston was under water and apparently unconscious when she was pulled from a Beverly ...