IRS Bombshell Is a Very Big and Bad Deal

Just because you're paranoid doesn't mean the IRS isn't out to get you. We only wish that were a joke. On Friday, an Internal Revenue Service official disclosed for the first time, and by way of apologizing, that the agency that wields the taxing power of the federal government had targeted conservative groups for special scrutiny during the 2012 election season. Apology or not, that can't be the end of the matter.