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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 […]

Crypto billionaire Michael Saylor pays $40M to settle DC tax fraud case

Billionaire bitcoin bull and MicroStrategy co-founder Michael Saylor will pay $40 million to settle a lawsuit alleging he lied to authorities about his residency for years and committed massive tax evasion, the Washington, D.C., district attorney’s office announced on Monday. Washington, D.C., prosecutors allege that MicroStrategy helped Saylor evade more than $25 million in local […]

J.D. FOSTER: Beware The Big 2025 Tax Con

Language can be decisive in deciding outcomes. Consider how adopting the term “death tax” in lieu of “estate tax” advanced reforms to previously unimaginable success. The Trump tax cuts expire December 31, 2025, and so the ever-higher-tax crowd is working hard to center next year’s debate on similarly advantageous rhetorical ground. But that ground is typical swamp […]

Extend success of UK sugar tax to cakes, biscuits and chocolate, experts urge | Sugar

Health experts say the sugar tax has been so effective in improving people’s diets that it should be extended to include cakes, biscuits and chocolate. The World Health Organisation has called on the next UK government to expand the tax to tackle tooth decay, obesity, diabetes and other diseases. The plea, published in the WHO’s […]