Tag Archives: IRS

140522 – Tax Quirks

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Today’s Items:

First…
Indian Gold Problem
http://www.zerohedge.com

The Indian government hopes to contain gold imports well below the 845 tones that were shipped last year.     Of course, their attempt to crush popular demand for gold merely resulted in soaring and increasingly more ingenious attempts to smuggle gold into the country.     Because this smuggling is not generating revenue for the government, they plan to relax the strict rules.

Next…
Mother of All Corrections
http://www.bullionbullscanada.com

The Chinese real estate market is crumbling as housing starts have dropped 15%.     This was not at all unexpected after Chinese credit expanded from 9 trillion dollars in 2008 to 25 trillion dollars as of this month.      So, if China is the so-called “economic engine” of a fictional global recovery, imagine what will happen when the Chinese “bubble” pops.

Next…
Russian Gold Reserves
http://www.goldcore.com

Russia bought 900,000 ounces of gold in April as they continued to offload U.S. Treasuries.      Gold as a percentage of the overall Russian reserves is about 10% as they now have 34.4 million ounces.

Next…
Fake Vaccination Programs
http://www.zerohedge.com

The CIA organized a fake vaccination program in Pakistan several years ago in order to get Osama bin Laden’s family DNA.     Naturally, many Pakistanis were none too pleased about the CIA’s idiocy.     Now, the entire world may never trust any vaccine program that has any U.S. connections.    Sounds like a good thing to me.

Next…
News Is What You Think It Is
http://dailycaller.com

CNN President, Jeff Sucker err…  Zucker, said that they are not going to cover Benghazi.     Is it any wonder why CNN has sinking viewer ratings?  If CNN went off the air, would anyone seriously miss them?

Next…
Tax Grounding
http://www.nestmann.com

Newly authorized IRS access to Customs and Border Patrol databases will prevent those, whom the IRS tags with a click of a mouse, from leaving or re-entering the country.     In addition, if a proposed law takes effect, the IRS will be able to revoke passports of U.S. citizens under certain circumstances without any formal charges.

Next…
Negative Tax Rates?
http://weissratings.com

The largest Life and Annuity insurers made billions in 2013, but paid no U.S. tax on that income.    The effective tax rate of the largest 25 insurers, by asset size, was negative 8.4%.    With 21.6 billion dollars in net income, the negative effective tax rate for the top insurers equates to tax free income.

Finally, please prepare now for the escalating economic and social unrest.     Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.    ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.    No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.     Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.

140516 – India Economy Fails

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Today’s Items:

First…
India’s Economy Fails
http://www.telegraph.co.uk

India is the only BRIC economy that’s slipped down the World Economic Forum’s ranking of competitiveness since 2006, though Russia and Brazil have drifted badly as well.     India doesn’t have the infrastructure to carry a modern economy and has done remarkably little over the years to reform their grid.

Next…
Belgium Takes Up Slack
http://www.zerohedge.com

Russia dumped a record 26 billion dollars worth, or some 20%, of its U.S. Treasury holdings.    With that said, the tiny country of Belgium has purchased 40 billion dollars worth of Treasuries.    A country’ whose GDP is just double of its reported U.S. Treasury holdings.    This sounds like the Fed using Belgium to monetize the U.S. debt.

Next…
Just A Question of When
http://kingworldnews.com

According to William Kaye, the Federal Reserve is a private corporation and not part of the U.S. government, but the government is responsible for outsourcing for the creation of U.S. dollars.    The coming panic out of the U.S. dollar will be coupled with a collapse of confidence in the government as well.    It’s just a question of when.

Next…
Meat Prices
http://www.zerohedge.com

According to the latest inflation data from the BLS, meat prices spike by almost 3% in April – the most since November 2003.     Time for a hedonic substitution from hamburger meat to rat droppings to keep bogus CPI numbers in check.

Next…
IRS Targeting
http://dailycaller.com

The IRS’ targeting of groups opposed to Obama is in part due to pressure from Democratic Senator Levin.     Levin’s emails cite an IRS rejection letter to a conservative group as an example of how the IRS should be conducting its business.    Of course, the culture in the IRS saw this as an opportunity.

Next…
VA Hospitals
http://www.weeklystandard.com

The Department of Injustice doesn’t plan to investigate allegations that veterans, that were placed on secret waiting lists at VA hospitals, died while waiting for care according to Holder.     Perhaps the Department of Injustice is too busy to worry about those who actually kept their oath to defend the U.S. Constitution.

Next…
Clinton “Truth ” Squad
http://www.frontpagemag.com

If there’s anyone qualified to lead a squad to lie about the murder of four Americans, it’s Lanny Davis.     Former Clinton special counsel Lanny Davis says he plans to lead a “truth squad” to counter accusations coming out of the Benghazi select committee hearings.     Will he call upon the services of Sandy Burger for documentation?

Finally, please prepare now for the escalating economic and social unrest.     Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.    ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.    No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.    Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.

140421 – Protecting Children

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Today’s Items:

First…
Attorney-Client Privilege
http://www.zerohedge.com

In a U.S. Tax Court decision, a person may, under certain circumstances, forfeit the afforded attorney-client privilege.    Even though this is taking place in a tax court, if this is allowed to stand, this is a very real slippery slope to the end of the attorney-client privilege in the country.

Next…
IRS Tracking
http://www.blacklistednews.com

The IRS, and other U.S agencies awarded 415,000 dollars, in contracts, to a license plate-tracking company before Homeland Insecurity dropped a similar plan after it was made public.    Could the IRS have been preparing for the day when people would be taxed by the mile?

Next…
One Week
http://cnsnews.com

A new Gallup Poll reveals that 14% of Americans could not last one week if they lost their jobs.     In addition, 29% could not last a month and 26% could only last up to four months.     Only 17% could last up to one year.   This is another reason to get out of debt and have multiple sources of income.

Next…
18 Welfare and Disability Stats
http://endoftheamericandream.com

Here are a few…
1. The U.S. government spent 3.7 trillion dollars on welfare programs in the last five years.
2. In 1968, there were 61 full-time workers for every American on disability, today it is just 13.
3. 43% of the immigrants that have been in the U.S. for 20 years are still on welfare.

Next…
Vote Fraud
http://www.thegatewaypundit.com

Based on a North Carolina study, national voter fraud numbers, in 2012, may have reached over one million.    Needless to say, this large number impacts who wins and who loses in many elections.    Based on this, is it any wonder that some elected officials are absolutely terrified of the idea of voter ID?

Next…
BLM Atrocities
http://www.naturalnews.com

Obama is rewarding the BLM for their apparent horrific atrocities against cattle in Nevada by proposing 1.1. billion dollars for fiscal 2015.    From shooting and allowing the cattle to die from dehydration and stress to digging mass graves, this sounds familiar.

Next…
Protect Our Children
http://www.infowars.com

Obama’s adviser on Homeland Insecurity is urging parents to watch their children carefully.     If their children are confrontational, it may indicate that they may become terrorists.     If anything, this example makes it clear how Obama, and his cabal, think of others.    Also in regards to protecting children, South Carolina is the latest state to give the one finger salute to the Common Core agenda.

Finally, please prepare now for the escalating economic and social unrest.     Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.     ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.      No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.     Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.