taxes  (Page 2)

It’s Time for Taxpayers to Start Issuing Campus Demands

https://youtu.be/Mc5zyX_oENA
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Posted by  ▪  Tuesday, June 13, 2017 at 7:00am 6/13/2017 at 7:00am
https://youtu.be/Mc5zyX_oENA

If taxpayers are funding public colleges and the loans which make it possible for many students to attend them, then taxpayers are completely entitled to issue demands.

That’s the subject of a new column I’ve written for Townhall:

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Cook County Exempts Food Stamps From Soda Tax

http://cdn.phillymag.com/wp-content/uploads/2016/06/soda-tax-philadelphia-940x540.jpg
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Posted by  ▪  Monday, June 12, 2017 at 10:21am 6/12/2017 at 10:21am
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Cook County in Illinois, home to Chicago, has decided that its soda tax will not apply to food stamps.

Purchases made with food stamps cannot have state and local taxes tacked onto them, according to federal law. Cook county tried to bypass that law, but none of the options officials used took...

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Does Connecticut’s Governor Finally Comprehend Dangers of “Taxing the Rich”?

https://youtu.be/ObaCjT8Cx7w
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Posted by  ▪  Saturday, June 3, 2017 at 5:30pm 6/3/2017 at 5:30pm
https://youtu.be/ObaCjT8Cx7w

Connecticut governor Dannel Malloy (D) is facing a situation that may make him reconsider his position on taxing the wealthy.  Aetna insurance company, based in Hartford since 1853, is looking for a new state to call home, a state that is more business-friendly in terms of taxation.

Having lost GE to Boston...

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Mulvaney, Mnuchin Offer Different Views on Trump’s Tax Plans

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Posted by  ▪  Monday, May 29, 2017 at 12:30pm 5/29/2017 at 12:30pm

I think it’s safe to assume that a tax reform plan will take a lot longer than Trump’s administration thinks, especially when his officials cannot agree on how the plan will work.

That’s exactly what happened when White House Budget Director Mick Mulvaney and Treasury Secretary Steven Mnuchin testified in front of...

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Paul Ryan Won’t Let Go of the Border Adjustment Tax

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Posted by  ▪  Wednesday, May 24, 2017 at 4:00pm 5/24/2017 at 4:00pm

Speaker Paul Ryan (R-WI) will not let go of a border adjustment tax (BAT) when it comes to tax reform, which will set up a major showdown with the White House and possibly the Senate.

Ryan admitted today that the House could pass a tax bill without the BAT, but he’s still...

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Illinois Senate Wants to Hike the Income Tax

http://www.illinoishomepage.net/news/capitol-news/senate-passes-budget/720035546
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Posted by  ▪  Wednesday, May 24, 2017 at 3:00pm 5/24/2017 at 3:00pm
http://www.illinoishomepage.net/news/capitol-news/senate-passes-budget/720035546

How do you fix the economy? Why, hike taxes instead of slashing the budget of course! Well, that’s how it works in good old Illinois. The state faces a budget crisis (what else is new?!) and the Senate decided to fix it by approving a raise in income tax. From ...

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California aims to tax satellite launches

https://www.youtube.com/watch?v=_9JxSrwlTA4
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Posted by  ▪  Saturday, May 6, 2017 at 12:00pm 5/6/2017 at 12:00pm
https://www.youtube.com/watch?v=_9JxSrwlTA4

President Donald Trump plans to pursue public-private partnerships for develop the space industry, which is likely to increase the development and profitability of these firms.

The State of California obviously foresees th...

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ECON 101 Comes to Connecticut: Taxing the Rich Doesn’t Work

http://wtnh.com/2017/04/28/income-tax-revenue-collapses-malloy-says-taxing-the-rich-doesnt-work/
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Posted by  ▪  Wednesday, May 3, 2017 at 11:30am 5/3/2017 at 11:30am
http://wtnh.com/2017/04/28/income-tax-revenue-collapses-malloy-says-taxing-the-rich-doesnt-work/

Connecticut Governor Dannel Malloy did the unthinkable for a Democrat: He admitted taxing the rich does not work. The state has witnessed “two high-end tax hikes in the past six years.” So the wealthy in Connecticut have done what any sane person would choose to do: LEAVE.

Now the state faces a...

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Trump’s Tax Plan: Cut Corporate Taxes, Three Brackets for Income Taxes

https://www.youtube.com/watch?v=TTlkX41zuhQ
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Posted by  ▪  Wednesday, April 26, 2017 at 5:33pm 4/26/2017 at 5:33pm
https://www.youtube.com/watch?v=TTlkX41zuhQ

Secretary of Treasury Steven Mnuchin and National Economic Council Director Gary Cohn spoke to the press at the White House today about President Donald Trump’s tax reform plan. Trump wants to slash the corporate tax rate to 15%, which I covered yesterday. But he also wants to place income taxes for...

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Trump Pursuing a 15% Corporate Tax Rate

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Posted by  ▪  Tuesday, April 25, 2017 at 10:00am 4/25/2017 at 10:00am

President Donald Trump has offered us a little hint into the tax reform plan he wants to unveil on Wednesday. He has demanded aides to draft a plan that cuts ...

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In 2017, Americans Spending More on Taxes Than Food, Clothing, and Housing Combined

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Posted by  ▪  Monday, April 24, 2017 at 4:00pm 4/24/2017 at 4:00pm

April 23rd of this year was Tax Freedom Day, or “the day when the nation as a whole has earned enough money to pay its total tax bill for the year”.

A whopping 31% of the nation’s earnings are confiscated by the government for federal and state taxes for a total of...

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Trump to Include Dodd-Frank, Taxes in Latest Executive Order

https://www.youtube.com/watch?v=zFrarC6IhU4
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Posted by  ▪  Friday, April 21, 2017 at 2:30pm 4/21/2017 at 2:30pm
https://www.youtube.com/watch?v=zFrarC6IhU4

President Donald Trump will sign an executive order for Treasury Secretary Steven Mnuchin to target financial regulations from former President Barack Obama that have caused companies trouble to conduct business.

Mnuchin has said that the orders from Trump “are meant to emphasize the administration’s economic priorities to the American people.” This includes...

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Trump Taking New Approach on Tax Reform

https://www.youtube.com/watch?v=zFrarC6IhU4
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Posted by  ▪  Monday, April 10, 2017 at 1:00pm 4/10/2017 at 1:00pm
https://www.youtube.com/watch?v=zFrarC6IhU4

White House aides have told the Associated Press that President Donald Trump has decided to scrap the tax reform plan he campaigned on and start from scratch as a way to bring in more Republicans.

Trump and House Republicans already endured one defeat when many Congressional Republicans would not vote for their healthcare...

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Why Are Ivy League Schools Getting Billions in Tax Dollars?

http://admissions.yale.edu/sites/default/files/styles/main-carousel-image--1280x850/public/home-main-carousel-images/fin_aid.jpg?itok=6NEQ6j3v
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Posted by  ▪  Thursday, March 30, 2017 at 3:30pm 3/30/2017 at 3:30pm
http://admissions.yale.edu/sites/default/files/styles/main-carousel-image--1280x850/public/home-main-carousel-images/fin_aid.jpg?itok=6NEQ6j3v

Harvard’s endowment is worth billions. Same thing at Yale and other Ivy League schools.

Why do they need tax dollars?

This report from FOX News is enlightening:

Critics to Ivy Leagues: ‘Taxpayer gravy train needs to end’

Over a six-year period, Ivy League schools have received tens of billions in tax dollars, bringing in more...

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Tax reform takes spotlight after Obamacare repeal fails in Congress

https://www.youtube.com/watch?v=5pPL3yxfagA
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Posted by  ▪  Sunday, March 26, 2017 at 7:30am 3/26/2017 at 7:30am
https://www.youtube.com/watch?v=5pPL3yxfagA

Now that the GOP healthcare bill is dead, the administration will more than likely set its eyes on tax reform. However, this could very well end like the healthcare bill.

House Speaker Paul Ryan (R-WI) insisted that the party has “more agreement” when it comes to tax reform while Treasury Secretary Steven...

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McConnell, White House Battle Over Tax Reform Timeline

http://www.wjhg.com/news/headlines/Senate-Set-to-Stage-High-Profile-Keystone-XL-Debate-288333061.html
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Posted by  ▪  Friday, March 10, 2017 at 5:30pm 3/10/2017 at 5:30pm
http://www.wjhg.com/news/headlines/Senate-Set-to-Stage-High-Profile-Keystone-XL-Debate-288333061.html

Tax reform has been at the forefront of GOP policy issues in Washington. Under the Trump administration, tax reform includes a proposed border adjustment tax or tariff. Treasury Secretary Steven Mnuchin and the White House want tax reform legislation in the works by August, but Senate Majority Leader Mitch McConnell (R-KY) said an...

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Some States Want to Raise Gas Tax for First Time in Decades

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Posted by  ▪  Tuesday, February 21, 2017 at 1:00pm 2/21/2017 at 1:00pm

With higher construction costs and low revenue from low pump sales, a few states have considered raising the gasoline tax in an effort to raise funds for infrastructure.

President Donald Trump has promised to put forth $1 trillion to fix infrastructure across the country, but state officials have realized they need to...

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