Bernie Sanders likes to talk about making billionaires pay their fair share. But he recently admitted that as far as taxes are concerned, he is coming after pretty much everyone.
taxes
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FedEx CEO Challenges NYT Editor ‘to a Public Debate’ Over $0 Tax Article
On Sunday, The New York Times had an article about how FedEx managed to cut its tax bill to only $0.
FedEx CEO Frederick Smith released a statement, claiming the paper “published a distorted and factually incorrect piece” on his company.
Smith also challenged the NYT editor to a public debate on federal...
California’s Massive Public Pension Liabilities Offer a Warning to Other States
Unfunded liabilities such as pensions for public retirees can become a strain on any city or state. In California, we are seeing a situation which should serve as a warning. Taxpayers are on the hook for massive amounts.
Federal Appeals Court Rules Trump Must Hand Tax Returns to Manhattan DA
Monday, a federal appeals court ruled President Trump must hand over his tax returns to Manhattan District Attorney Cyrus Vance, “who had subpoenaed the documents from Trump’s accounting firm as part of an investigation into the pre-election payoffs to two women who alleged affairs with Trump.”
Elizabeth Warren’s Medicare-for-all tax plan may be her biggest fraud of all
Elizabeth Warren released her much-anticipated Medicare For All plan Friday. It’s as awful and ridiculous as you might expect. Clocking in at around $52 trillion (yes that’s ‘trillion’ with a T), Warren promises her plan is the salve that will cure all the nation’s woes while simultaneously providing a tax...
New Jersey Taxing Decorative Pumpkins
Fall is upon us and to celebrate New Jersey is taxing decorative pumpkins.
Bernie Sanders Unveils ‘Tax on Extreme Wealth’ Plan Which Includes National Wealth Registry
Self-proclaimed socialist millionaire 2020 Democratic presidential hopeful Sen. Bernie Sanders (I-VT) is going all in.
Sanders announced today that billionaires should not exist. He developed a tax plan specifically to target the few billionaires who exist in America.
China Complains to WTO Over Trump Administration’s Tariffs
China filed a complaint to the World Trade Organization (WTO) over the tariffs set in place by President Donald Trump’s administration.
The 15% tariffs went into effect on Sunday. It covers items like tools, apparel, some shoes, and a few electronics. The overall value of the goods adds up to...
China Retaliates With Tariffs on $75 Billions of More U.S. Goods
China has decided to implement tariffs on $75 billion worth of U.S. goods as the U.S. plans to impose tariffs on $300 billion worth of Chinese products.
These additional tariffs will cover almost all of the remaining U.S. products imported to China.
Trump Delays Chinese Tariffs on Laptops, Smartphones, and Toys
President Donald Trump’s administration decided to delay tariffs on big items such as laptops, smartphones, and toys made in China until December 15. From The Wall Street Journal:
Trade talks appeared in jeopardy after the Trump administration threatened on Aug. 1 to extend tariffs of 10% to $300 billion in Chinese imports...
Portland Oregon Using Boulders to Deter Homeless Camps
Like many other cities, Portland, Oregon is dealing with a growing homeless problem. In some parts of the city, they are preventing the creation of tent encampments by installing lots of large rocks.
Trump Drops Tariff Threat as Mexico Agrees to ‘Take Strong Measures to Stem the Tide of Migration’
At the end of May, President Donald Trump threatened to impose tariffs on Mexican imports if our southern neighbor did not do more to stop the surge of migrants headed towards our border.
It looks like it worked because Trump announced on Friday that he has dropped the tariffs as America and...
Trump Wants to Impose Tariffs on Mexican Imports Over Immigration
Someone please tell President Donald Trump to stop with the tariffs! He announced yesterday he wants to impose tariffs on Mexican imports over the migration surge from our southern neighbor.
A tariff of 5% would go into effect on June 10 and could rise to 25% on October 1.
Federal Judge Upholds Democrat Congressional Subpoena of Trump’s Financial Records
A federal judge upheld a subpoena issued by Congressional Democrats demanding access to Trump’s personal financial information. Arguing the subpoena was political warfare (and it is), Trump’s lawyers filed suit, hoping to block the subpoena.
Holy Collusion Grail — House Democrats subpoena Trump tax returns from Treasury
On a scale of 1 – “I’m not desperate, you’re desperate! ::nervous laugh::”, Democrats standing somewhere between “shoot ourselves in the foot twice and try to make an issue of something no one cares about” and “this is literally all the eggs we own right here in this shoddy little basket.”
Friday,...
The NY Times’ embarrassing attempt to make Trump’s old tax returns a big story
Does anyone really care about the NY Times’ news concerning Trump’s 1985-1994 federal taxes?
I’m not even sure that the Times actually cares all that much at this point, although they must be hopeful that their publication of the information will hurt Trump.
Illinois Gov. Pritzker Under Federal Investigation for Property Tax Appeals
Welcome to my home state of Illinois where you don’t have a real governor unless he (or she) has some kind of investigation under their belt. Looks like the current governor could face his own federal trouble.
Democrat Gov. J.B. Pritzker, his wife, and his brother-in-law have fallen into a federal investigation ...
