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Tag: taxation

Yellen Says Taxpayers Can Cover the US Deficit

I reported how the US deficit reached the third-highest on record after surpassing $1.83 trillion. Instead of questioning why the deficit rose 8% in a single year,...

The Truth About The Democrat’s $5 Trillion Tax Increase

The Democrats support always raising taxes that amount to robbing people with laws. They NEVER learn that Marxism has failed EVERY single time it has been tried....

Harris to Raise Corporate Income Tax

America is experiencing a 13-year high in corporate bankruptcies, with more companies going under than during the lockdown era of the pandemic. Companies are...

Tax Code Change for Emergency Retirement Withdrawals

Low-income Americans are in such dire straits due to the elevated cost of living that lawmakers are making changes to the tax code. No, naturally, the politicians...

Russia Raises Taxes to Fund War

The people always lose in times of war. Vladimir Putin is looking to the Russian civilians to help fund the war that has lasted far longer than anticipated, thanks...

Does the SCOTUS Support Capital Gains Taxes?

The government believes it has unlimited power to tax the citizens of the United States. The idea of capital gains taxes on unrealized earnings will be an economic...

Over Half of New IRS Audits Targeted the Middle Class

Washington’s reckless spending comes with a cost to US taxpayers. While the fed may simply roll over their debt and issue new debt to pay off the old, the...

US Taxpayers Forced to Pay an Additional $559B in Student Loan Forgiveness

Short of joining Hamas, there is nothing Joe Biden will not do to secure the Gen Z vote. The latest plan will “forgive” $7.4 billion worth of student loans,...

Capital Gains Taxes Loom Over Blue States – Welcome to the Great Reset

Eleven states may face capital gain taxes to comply with the Biden Administration’s 2025 budget, in which the government must hunt the people for taxes to pay for...

California’s Exit Tax

People have been leaving California in droves due to Governor Gavin Newsom’s socialistic Utopia that demands everyone be taxed on every penny they earn. I’ve...