It should come as no surprise most Americans saw a lower federal tax burden following the Tax Cuts and Jobs Act (TCJA). Tax Foundation data reveals 80 percent of filers saw a substantially lower federal tax liability following federal tax reform – and only 5 percent of filers saw a significantly higher tax liability. The […]
President Donald Trump called a Democrat-controlled House committee’s subpoena of his tax and financial records “ridiculous” on Wednesday, two days after his lawyers sued to block the compulsory request. Legal experts predict the matter will end up as a separation-of-powers case before the Supreme Court. The question likely would contrast a congressionally enacted statute making […]
There are some fortunate people (in the Cayman Islands, Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other places) who don’t have to pay income taxes. The United States used to be in that lucky club. The income tax did not become a permanent blight upon the nation until 1913 (there was a temporary income tax during […]
BY AIMEE PICCHI APRIL 15, 2019 / 2:46 PM / MONEYWATCH Tax day, the final day to file a tax return for 2018 without an extension, has left many taxpayers scratching their heads about the “massive tax cuts” promised by President Donald Trump. Although experts say two-thirds of Americans got such a reduction, most taxpayers say […]
By Chuck Lehmann According to the Democrats, especially those running for the Democrat nomination for president, the answer, to the headline above, is a resounding YES! Again, the prescient words of Sir Winston Churchill aptly describes those Democrats (a/k/a “Agents of Doom”) by stating the following: “We contend that for a nation to try to tax […]
(CNSNews.com) – A federal contract that the National Institutes of Health signed with the University of California at San Francisco requires UCSF to obtain body parts from unborn babies to make at least two types of “humanized mice,” according to “the statement of work” included in the contract solicitation published by NIH. “The actual total […]
by Paul Bedard A border lawmaker had drawn up a plan to pay for the wall in part by fining Mexico and other countries $2,000 for every illegal immigrant caught crossing into the United States. Arizona Rep. Andy Biggs, who has made is mark on Washington in just his first term, is pushing a plan that includes […]
In just six weeks, the first tax increase of the Trump era goes into effect, a delayed, time-released tax hike that President Obama left as a parting gift for his successor. You haven’t heard much about this tax increase because it was deliberately designed by Democrats to be hidden from those who ultimately pay for […]
by JOHN BINDER Decades of mass immigration to the United States, with more than 1.5 million legal immigrants entering the country every year, is the world’s “largest anti-poverty program” at the expense of blue-collar American workers and the middle class, says a Harvard University economist. In an interview with Talking Points Memo, economist George Borjas detailed how more than […]
President Trump promised drastic tax cuts Wednesday as he touted Republicans’ newly unveiled tax reform plan, arguing the push to re-write the tax code would fuel “America’s economic comeback.” “These tax cuts are significant,” the president said during a speech at the Farm Bureau Building in Indianapolis. “There’s never been tax cuts like we’re talking […]
