An analysis of Trump’s stance on taxing tips and overtime deductions
Tax Changes from Trump’s New Spending Bill President Trump has introduced a significant spending bill that includes various tax modifications, and it’s drawing attention to how these changes might benefit workers. For those filing income taxes in 2025, millions of U.S. workers, particularly those who earn tips or receive overtime pay, could be in line […]
Zohran Mamdani remains firm on his socialist beliefs, advocating for taxing the wealthy in his meeting with influential NYC business leaders.
Maydor’s Frontrunner Stays True to Socialist Views in Meeting with Business Leaders Zoran Mamdani, the leading candidate for mayor, held firm to his socialist beliefs during a much-anticipated meeting with New York City business leaders on Tuesday. Last month, Mamdani, who believes billionaires shouldn’t exist, met with around 100 CEOs at a gathering orchestrated by […]
Senate Republican presents a plan for taxing digital assets
New Cryptocurrency Tax Regulation Announced by Senator Lummis On Thursday, Senator Cynthia Lummis from Wyoming introduced a law aimed at updating tax regulations for cryptocurrency. This move comes as Congress works toward establishing a clear regulatory framework for digital assets. “To remain competitive, we need to adapt tax laws to support the digital economy instead […]
Taxing the wealthy, as Mamdani and other progressives suggest, won’t fund an expanded New York City government.
Mayoral Candidate Zoran Mamdani’s Plans Under Scrutiny In this month’s Democratic primary, mayoral candidate and Queens Councilman Zoran Mamdani has made waves by backing a significant expansion of city government. His campaign touts his ability to secure funding for these ambitious initiatives, but the question remains: can he really deliver? Mamdani’s platform includes proposals for […]
Illinois Democrats Blame Trump for Budget Problems After Heavily Taxing Their Residents
Although Democrats have a significant majority in Illinois, they’re pointing fingers at President Donald Trump for the state’s recent budget challenges, as reported by the Chicago Tribune. This past Saturday, the Illinois Legislature passed a historic $55 billion budget for fiscal year 2026, which includes a tax increase of nearly $400 million and cuts to […]
Biden would sign bill to ban taxing on tips, White House says
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J.D. Martinez ‘not thrilled’ with Mets’ one-day stop in St. Louis during taxing road trip
ANAHEIM, Calif. — Instead of spending their offseason with the Rockies, the Mets will be reuniting with Archie. Because of this schedule, the Mets will play a make-up game in St. Louis on Monday before traveling to Colorado the next day to begin a new series. They lost 3-2 to the Angels on Sunday and […]
Taxing the rich is no silver bullet for saving Social Security
“Putting a fair burden on the wealthy” is President Biden’s response When asked at last month’s presidential debate how he would deal with the threat of Social Security going bankrupt, he replied: Opposition If there is no benefit to making cuts of any kind, then it follows that Social Security’s finances should be stabilized by […]
Arizona Lawmakers Propose Ban on Taxing Rent Payments
Estimated Reading Time: < 1 minute The Arizona House Ways and Means Committee voted to move forward a bill that would scrap the rent tax at the city, town and county levels. If enacted, House Bill 2067 would not allow someone to face a tax if they’re leasing property for residential purposes, starting on Jan. […]
Gulf Cartel Begins Taxing Border Citizens for Right to Own Trees
The Gulf Cartel has imposed taxes on homeowners in the Mexican border city of Matamoros, Tamaulipas, for their right to plant trees on their property. This government-protected criminal organization has a long history of being able to operate with complete impunity in the city. This month, gunmen from the Matamoros faction of the Gulf Cartel, […]