Billionaire tax to bolster Social Security popular in swing states
Voters in battleground states overwhelmingly support taxing billionaires to support Social Security benefits, a new poll finds. More than three-quarters (77 percent) of voters in seven key battleground states supported the idea of raising taxes on millionaires to extend the lifespan of Social Security, according to Bloomberg News/Morning Consult. That’s what it means. The study […]
Tax Day has to be the favorite holiday of Biden, Democrat Party: GOP rep
House Ways & Means Committee chairman Jason Smith, R-Mo., reacts to the Iranian attack on Israel, the IRS’ targeting of those … source
New York auditors crack down on out-of-state residents avoiding tax
New York state auditors are monitoring everything from people’s travel schedules to the whereabouts of their pets to prove they owe taxes even if they live out of state, according to a report. . Wealthy Empire State residents who live in New York but spend most of their time elsewhere are still paying their taxes […]
Ultra-rich put off new yachts, jets in hope of Trump tax cut
The Post says the top 1% are waiting until after the presidential election to buy big-ticket items like jets in hopes of saving millions of dollars in taxes if Donald Trump wins. I found out. “We’re waiting until after November,” one coastal source considering buying both a jet and a yacht for business told the […]
India seeks UK carbon tax exemption in free trade deal talks | Trade policy
India is demanding an exemption from Britain’s planned carbon tax as part of negotiations aimed at sealing a free trade deal before the UK general election. India’s negotiating team held a series of surprise negotiations in London this week to overcome remaining hurdles in the deal. Rishi Sunak is keen to cross the line on […]
Impatience over stalled tax deal grows in Senate
Supporters of the bipartisan tax deal that passed the House in January are growing impatient as Republican opposition to a bill to expand credit for working families stalls the bill in the Senate. The agreement, known as the American Families and Workers Tax Relief Act, expands and rescinds the Child Tax Credit (CTC), which has […]
Tax loopholes for Biden’s billionaire buddies
President Joe Biden wants voters to believe his tax plans take from the rich to give to the poor, but in reality they rob us all to pay off the millionaires and billionaires who bankroll today’s Democratic Party. “Taxes,” Biden said in hardscrabble Scranton, Pennsylvania, on Tuesday, where he returned to pretend he isn’t a money-larded creature […]
Tax refunds up from last year with most Americans planning to pay down debt or save
Kudlow’s panelists Steve Moore, Kevin Hassett and Steve Forbes react to the president’s planned significant tax increases. American taxpayers will receive larger benefits on average tax refund A new report from the Bank of America Research Institute finds that, compared to a year ago, most people plan to use that money to pay off debt […]
Biden to hit Trump over tax policies in hometown of Scranton, Pa
President Biden will travel to Scranton, Pennsylvania on Tuesday to criticize former President Trump over his tax policies as he begins campaigning in Pennsylvania. Mr. Biden is scheduled to begin three days of rallies in his hometown of Scranton to outline Mr. Trump’s three-point tax plan if he is re-elected to the White House. He […]
Biden capitalizes on Trump in court and touts tax plan in Pennsylvania
Pennsylvania is expected to be one of the most closely contested states in this fall’s election, and with his opponent sidelined, President Joe Biden is barnstorming it with a three-stop tour this week. Biden will campaign first in Scranton, the city where he was born and spent his earliest years, followed by a Wednesday appearance […]