Virginia Gov. Glenn Youngkin Proposes ‘No Taxes on Tips’
Virginia Governor Glenn Youngkin (R) announced a proposal to eliminate the tax on tips in the service industry, saying it would put an estimated $70 million annually “into the pockets of hardworking Virginians.” Youngkin made the announcement Monday during a visit to MacLean's Restaurant in Richmond. “There is no tax on tips,” he told reporters, […]
Youngkin calls for an end to taxes on tips ahead of Virginia legislative session
Virginia Gov. Glenn Youngkin (R) on Monday called for an end to the tax on tips in the state by including language in the next state budget that would eliminate the practice. “We have delivered more than $5 billion in tax cuts to date and remain committed to lowering the cost of living for hardworking […]
Freedom Caucus says taxes come second
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} business and economy business and economy Full text Texas bill would allow Bitcoin to be used for taxes, donations A bill introduced in the Texas Legislature would allow residents to […]
Texas bill would allow bitcoin to be used for taxes, donations
(news nation) — A bill introduced in the Texas Legislature would allow residents to use bitcoin to pay taxes and make other political and charitable contributions. of Texas Strategic Bitcoin Preparation Method One of the bill's sponsors says it already has bipartisan support. If passed, this bill could set a precedent for the rest of […]
Entrepreneurs need certainty, not higher taxes, to succeed
As lawmakers return to Washington, D.C., after a long and competitive election season, they will begin setting priorities for the next session of Congress. The economy and inflation remain top concerns for Americans and small businesses. We need to ensure we adopt policies that help them thrive. The 2017 tax law extension is an important […]
Rupert Grint, 'Harry Potter' actor, ordered to pay $2.3 million after losing legal dispute over taxes – Fox Business
Grover Norquist, president of Americans for Tax Reform, discusses a report on “Evening Edit'' showing that approximately 150,000 government employees are evading taxes. Rupert GrintThe actor, best known for his role as Ron Weasley in the Harry Potter films, is reported to be $2.3 million in debt after losing a legal battle with tax authorities […]
Property taxes due for Idaho homeowners on Dec. 20 – East Idaho News
Boise (idaho capital sun) — The deadline to pay property taxes for homeowners in Idaho is December 20th. under idaho state lawProperty taxes can be paid in full or in installments. If you pay in two installments, the first half of your property taxes will be paid by December 20th, and if the first half […]
Dow jumps on Treasury pick Scott Bessent’s promise to slash taxes
The Dow Jones Industrial Average rose nearly 400 points on Monday after President-elect Donald Trump's nominee for Treasury secretary, Scott Bessent, laid out his priorities, including tax cuts. In my first interview as a Treasury candidate wall street journalBessent said he would also focus on imposing tariffs, cutting spending and keeping the U.S. dollar as […]
Why state mileage taxes violate your constitutional rights
Does your state charge you a fee for each mile you drive? Oregon has done so since 2015, Utah since 2020, and more states plan to follow suit. There's one problem. The so-called mileage tax is clearly unconstitutional. The right to travel freely is a fundamental right. Therefore, it is protected by the Privileges and […]
Over 800 IRS employees owe millions in back taxes after audits pushed by Ernst – Washington Examiner
The document was shared exclusively in a Nov. 8 letter to Iowa state senators. washington examinerThe IRS noted that of the 2,044 employees who reported balances totaling $12 million or more, 860 employees still have unpaid past due taxes. Of the 70 employees who “deliberately evaded” paying taxes, only 20 were fired. “We haven't seen […]