Tag: taxes

Dead people may still get $600 stimulus checks

Dead people may get some of the $600 stimulus checks the federal government began issuing Tuesday night.

That would mirror what happened this past spring, when deceased individuals were among the recipients of a prior round of direct payments, of up to $1,200 per person.

More than 1 million decedents had gotten a check by the end of April, worth a collective $1.4 billion, according to the Government Accountability Office. The IRS asked for that money back, leading to confusion and whiplash for heirs such as surviving spouses and family members.

Now, a $900 billion Covid relief package, which President Donald Trump signed into law Sunday, may create a similar situation, though Congress put a firewall in place to limit its scope, according to tax experts.

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NYU prof: What if White Americans’ taxes were investigated for ties to slavery?

A New York University professor suggested that White people should be forced to submit their taxes to be checked for ties to slavery.

On Nov. 18, the University of California-Berkeley hosted a panel titled “The Future of Freedom: Reparations after 400 Years.” The goal of the panel was to “consider what the question of reparations means for this freedom’s fulfillment and what kind of future could follow for African-Americans beyond 400,” according to the video description. 

The panel consisted of professors Bertrall Ross and Jovan Scott Lewis, both of UC-Berkeley; Katherine Franke of Columbia Law School, and Michael Ralph of New York University.

Each professor provided past examples of reparations given to marginalized people, and said these could be examples of how to pay reparations to African Americans for 400 years of “systemic and violent racism.” 

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IRS Plans a 50% Ramp-Up in Audits of Small Businesses Next Year

The Internal Revenue Service is planning to ramp up audits of smaller businesses and their investors by about 50% next year, following years of persistently low examination rates, an agency official said Tuesday.

The result could be a surge in audits of companies ranging from mom-and-pop retail stores and technology startups to investment funds that have historically faced only infrequent checks thanks to the time and effort required at the IRS.

“The IRS is focusing our efforts to increase compliance activity in this area of not only partnerships, but also investor returns related to pass-throughs,” De Lon Harris, the IRS deputy commissioner of examination for small businesses, said at an American Institute of Certified Public Accountants event. For 2021 “we are planning for 50% more than we had in the previous year.”

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What’s actually IN the US “Covid Stimulus Bill”?

The US congress just passed their Covid stimulus bill, or the “Consolidated Appropriations Act, 2021” to give its official title. So what’s actually inside it? What has just been passed into law?

The answers to that is “nobody really knows”, least of all the members of congress, who passed the law without reading it, as they so often do. It’s the longest bill in US history, at over 5500 pages and it sailed through the voting mostly sight unseen.

We’ve downloaded a copy of the full document and will embed it below for those of you patient or masochistic enough to tackle the whole thing. We’ve read some already, and will point out the highlights:

  • “Foreign aid” is a big winner. Egypt is getting $1.3 billion, Sudan, Israel and Ukraine get over 500 million each, and many other countries around the world sizeable contributions, much of which will be spent on “defense”. Which is to say sent straight back to America via massive arms purchases.
  • Not all the money being sent overseas is for buying weapons, some is for backing coups. Venezuela and Belarus get special mention here, each getting their own section of the bill detailing how terrible their “illegal regimes” are. There’s also a large section on “combating Chinese influence”.
  • For some reason there’s another section on copyright law, which makes illegal streaming copyrighted content a federal crimes, punishable by up to three years in prison.
  • Nearly 300 million is put aside to develop influenza vaccines and prevent a future influenza pandemic.
  • 4 BILLION dollars for the Gates-funded GAVI, the Vaccine Alliance.
  • Vaccine “misinformation” is also a concern, and the bill provides for a pro-vaccine propaganda campaign – or rather a “PUBLIC AWARENESS CAMPAIGN ON THE IMPORTANCE OF VACCINATIONS”

So – huge amounts of foreign aid, support for various coups, totally irrelevent copyright laws, provisions for pro-vaccine propaganda campaigns…it’s not your typical “stimulus bill” so far, is it?

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She Noticed $200 Million Missing, Then She Was Fired

Earlier this year, the governing board of one of California’s most powerful regulatory agencies unleashed troubling accusations against its top employee.

Commissioners with the California Public Utilities Commission, or CPUC, accused Executive Director Alice Stebbins of violating state personnel rules by hiring former colleagues without proper qualifications. They said the agency chief misled the public by asserting that as much as $200 million was missing from accounts intended to fund programs for the state’s blind, deaf and poor. At a hearing in August, Commission President Marybel Batjer said that Stebbins had discredited the CPUC.

“You took a series of actions over the course of several years that calls into question your integrity,” Batjer told Stebbins, who joined the agency in 2018. Those actions, she said, “cause us to have to consider whether you can continue to serve as the leader of this agency.”

The five commissioners voted unanimously to terminate Stebbins, who had worked as an auditor and budget analyst for different state agencies for more than 30 years.

But an investigation by the Bay City News Foundation and ProPublica has found that Stebbins was right about the missing money.

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