Nothing like expanding powers for the King!!! All hail the king!!!
http://www.forbes.com/sites/robertwood/2...r=yahootix
"Up until now, tax laws are passed by Congress and administered by the IRS and Treasury Department. But the precise line between administration of existing taxes and forging new ones can at times be blurred."
According to Press Secretary Earnest, “the president has asked his team to examine the array of executive authorities that are available to him to try to make progress on his goals. So I am not in a position to talk in any detail at this point, but the President is very interested in this avenue generally.”
"For example, of the many tax proposals in his budget, the President wants to increase taxes on retirement savings."
"The President wants more tax reporting too. Businesses that purchase more than $600 worth of goods or services from a contractor would have to get that contractor’s Taxpayer Identification Number and check it with the IRS. If it doesn’t check out, the business would have to withhold from 15% to 35% of the payment, sending it off to the IRS. It isn’t an exaggeration to say that it would double or triple the reporting obligations of small businesses."
Yeah buddy - just the guy we need. We only need I guy at the top to do everything. Command by fiat.