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What Makes Biden and Yellen’s “Global Minimum Tax” Push So Hypocritical

Joe and Janet the robber barons Imagine if oil companies got together and agreed to charge consumers no less than $3.50 per gallon for gas. Let’s call it a “global minimum price.” How long—in minutes—do you think it would take for the news media to cry foul and for the Justice Department to file an […]

White House hits GOP over reported corporate tax cut preparations

The White House on Monday pounced on reports that Republicans in Congress are preparing to extend tax cuts from the first Trump administration and slash corporate tax rates if Republicans win control of the White House and Congress in November. In a memo from Deputy Press Secretary Andrew Bates, the White House said: Washington Post […]

Cannabis tax attorney running against GOP’s Stefanik floats ‘re-education camp’ for ‘MAGA’ Trump supporters after election

A marijuana tax lawyer who is running against Republican U.S. Rep. Elise Stefanik in New York’s 21st Congressional District has floated the idea of ​​”re-education camps” for former President Donald Trump’s “MAGA” supporters after the November election. Fox News reported. Democratic Rep. Paula Collins made the remarks during a town hall meeting held on Zoom […]

Biden’s IRS is using scare taxes to discourage legitimate tax strategies

IRS (Internal Revenue Service) Continues to issue press releases containing selective or misleading data It casts a long shadow of doubt on a perfectly legal tax-cutting strategy: Why would the IRS continue to do it? The IRS’s intention is clear: to scare taxpayers, especially high-income taxpayers, into paying more tax than they need to. Don’t […]

House GOP proposes IRS funding cuts, defunding free tax filing system

House Republican appropriators are proposing to cut funding to the IRS and eliminate a free online tax filing system that the Treasury Department recently made permanent and promised to expand to other states. The House Appropriations Committee’s latest Financial Services and General Government (FSGG) bill “[prohibit] Funds used by the IRS to develop government-run tax […]