The Weekly Standard reports that Barack Obama may have seized private tax information provided by the IRS in order to retaliate against his political opponents.
In several speeches Obama singled out Americans for Prosperity, which is owned by two libertarian billioinaires, Charles and David Koch. Koch Industries actively opposes Demoratic candidates.
But an attorney for Koch Industries–the parent company of Americans for Prosperity–charges that the Obama White House crossed a line in obtaining private tax information, which they use to bash organizations like Americans for Prosperity.
The smoking gun appears to be a statement made by a senior Obama official who told reporters about the scheme. According to the Weekly Standard:
“…a senior Obama administration official told reporters at an August 27 on-the-record background briefing on corporate taxes:
“So in this country we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax. Some of which are really giant firms, you know Koch Industries is a multibillion dollar businesses. So that creates a narrower base because we’ve literally got something like 50 percent of the business income in the U.S. is going to businesses that don’t pay any corporate income tax. They point out [in the report] you could review the boundary between corporate and non-corporate taxation as a way to broaden the base.”
Full Story HERE, and be sure to read the comments!
Tags: Crime, epic fail obama, IRS, Liberty Sphere, News, Politics
Conservative Libertarian Outpost 
September 21, 2010 at 11:09
This highlights an issue that should be of growing concern to all Americans. Obama and his administration are beginning to extend aggressive campaign tactics into their relationships with all of us, not just their political opponents. Denigration and other adverse actions are extended not only to collective members of the Tea Party (a group of private citizens, not an established political entity), but now include members of the business community. It is becoming clear that the Chicago gang views all the rest of America as its opponents and to me that is a truly disturbing development.
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September 21, 2010 at 18:10
[…] Obama uses IRS to retaliate against opponents « Conservative Libertarian Outpost Posted on September 21, 2010 by MaddMedic| Leave a comment Obama uses IRS to retaliate against opponents « Conservative Libertarian Outpost. […]
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September 22, 2010 at 07:22
It is somewhat of a misconception that Obama hates “Wall Street.” The truth is, he only has disdain for the Anti-Obama Wall Street. He has been very generous to the Pro-Obama Wall Street…..with our money that is.
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September 22, 2010 at 07:34
Perzactly Chuck, perzactly!
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September 30, 2010 at 06:08
[…] […]
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October 24, 2010 at 14:03
[…] Obama uses IRS to retaliate against opponents « Conservative … […]
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