Posted on 07/26/2014 7:36:29 AM PDT by Rusty0604
Kimberly Strassel of The Wall Street Journal has uncovered even more damning evidence that politics took control when the IRS ... started writing regulations to implement the subsidies, following the bills passage:
Democrats needed those subsidies. The party had assumed that dangling subsidies before the states would induce them to set up exchanges. When dozens instead refused the IRS assembled a working groupmade up of career IRS and Treasury employeesto develop regulations around ObamaCare subsidies... And we know that this working group initially decided to follow the text of the law. An early draft of its rule about subsidies explained that they were for "Exchanges established by the State."
Yet in March 2011, Emily McMahon, the acting assistant secretary for tax policy at the Treasury Department (a political hire), saw a news article that noted a growing legal focus on the meaning of that text...
The office of the IRS chief counselone of two positions appointed by the presidentdrafted a memo telling the group that it should read the text to mean that everyone, in every exchange, got subsidies. At some point between March 10 and March 15, 2011, the reference to "Exchanges established by the State" disappeared from the draft rule.
Emails viewed by congressional investigators nonetheless showed that Treasury and the IRS remained worried they were breaking the law.
Yet rather than engage in a basic legal analysisa core duty of an agency charged with tax lawsthe IRS instead set about obtaining cover for its predetermined political goal.
(Excerpt) Read more at americanthinker.com ...
Which group & when did the IRS backdate?
Thanks
I believe the reference to backdating is an overreaction to something routinely done when a 501c3 gets approved. The law allows the approval to be retroactive about 2 years after approval.
I believe one of the Ones relatives had his backdated
That’s two years before approval.
It will be interesting to see when and if the D.C. circuit decides to review the case en banc. Will they ignore the plain evidence and rule on blatant political grounds. If they do, we will know that Obama has succeeding in creating a political Court that operates as an arm of the Democrat Party. Of course, the 9th Circuit has been that for years, but they are so frequently overturned that they are not taken seriously. With it’s special federal jurisdiction, the D.C. Circuit could do real harm.
Lois Lerner approved tax exempt status for foundation
operated by Obama's half-brother on a Sunday
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I should’ve used that sign when I went to an IRS protest about the targeting of conservative groups.
Big thanks for the references.
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