Bailout Bill Includes Wooden Arrow Tax Break

[David Farber <dave () farber net>]

Begin forwarded message:

From: Jim Warren <jwarren () well com>
Date: October 3, 2008 4:33:34 PM EDT
To: Dave Farber <dave () farber net>
Subject: fwd: [IP] Bailout Bill Includes Wooden Arrow Tax Break

This little "pork" goodie is even more insidious than it first  
appeared!  Yet-another step in empowering the administration's police  
state! --jim

This just in from a friend:

> http://news.cnet.com/8301-13578_3-10057618-38.htm
>
> It lets the IRS give information from individual tax returns to any  
> federal law enforcement agency investigating suspected "terrorist"  
> activity, which can, in turn, share it with local and state police.  
> Intelligence agencies such as the CIA and the National Security  
> Agency can also receive that information.
>
> The information that can be shared includes "a taxpayer's identity,  
> the nature, source, or amount of his income, payments, receipts,  
> deductions, exemptions, credits, assets, liabilities, net worth, tax  
> liability, tax withheld, deficiencies, overassessments, or tax  
> payments, whether the taxpayer's return was, is being, or will be  
> examined or subject to other investigation or processing, or any  
> other data received by, recorded by, prepared by, furnished to, or  
> collected by the Secretary with respect to a return."
>
>
> Jim Warren wrote:
> > > <http://consumerist.com/5058690/bailout-bill-includes-wooden-arrow-tax-break 
> > > >http://consumerist.com/5058690/bailout-bill-includes-wooden-arrow-tax-break
> >
> > Bloomberg reports ...
> > http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0vyGN8L2k&refer=us
> > that this bizarre pork attached to the Sinate's <sic> bailout bill  
> > is apparently at the behest of Oregon Senators Gordon Smith (R) and  
> > Ron Wyden (D). ...





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