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J.D. FOSTER: Harris’ Middle-Class Tax Hike

In Vice President Kamala Harris' Bidennomics 2.0 program, she talks about making corporations and wealthy people pay their “fair share” as part of the largest package in history. $5 trillion tax increase. She says she only cares about the middle class, so why is she proposing massive tax increases for American workers and consumers? Few […]

Democrats press corporations on lobbying spending ahead of tax fight

Democrats want to know how much money big corporations are paying major lobbying groups to court lawmakers before the tax law is scheduled to expire next year. Heads of large companies including Netflix, Ford and Tesla received letters from Democratic lawmakers demanding details of their lobbying budgets and whether their corporate boards would approve them. […]

Harris backs minerals stockpile, permitting reform, climate-friendly tax credits

Vice President Harris announced her economic policy this week, supporting increasing domestic mineral production and creating mineral reserves. According to a press release from her campaign, the campaign plans to use wartime powers under the Defense Production Act to build stronger mineral supply chains and reduce reliance on China. in The plans are posted on […]

Trump Tax Cuts, Tariffs Will Rebuild American Industry, Strengthen Dollar

John Carney, economics editor at Breitbart News, told Fox Business Network's “Kudlow” on Wednesday that former President Donald Trump's proposed tariffs and tax cuts would rebuild U.S. industry and strengthen the dollar globally. “What Donald Trump is saying is that the United States has built an economic system where we basically pay companies to move […]

GOP senator opens door to tax negotiations in lame duck session

Sen. Mike Rounds, D-Lausanne, said Wednesday there may be an opportunity to negotiate a tax agreement during the current lame-duck session of Congress ahead of the tax law's scheduled expiration next year. “There's one chance after the election to see if there's enough energy in Congress to say, 'OK, we know what's going to happen […]

Hot travel spot could see new tourist tax as number of travelers increases

The Scottish Highlands are the latest popular holiday destination that may soon be subject to a tourist tax. In May, members of the Scottish Parliament passed a bill allowing local authorities in Scotland to introduce a tourist tax on tourists staying in their accommodation. Highland District Council will be the next body to decide what […]

Accusations of improper tax breaks fly in crucial Senate race: ‘Rules don’t apply’

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