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Taxes Tag

Posted by Mary Chastain on August 23, 2019 38 Comments
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.

Posted by Mary Chastain on August 13, 2019 6 Comments
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 not currently taxed, including many consumer goods. They would come on top of 25% tariffs imposed on $250 billion in imports from China.

Posted by Kemberlee Kaye on May 10, 2019 22 Comments
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 Chairman of the House Ways and Means Committee issued a subpoena to Treasury Secretary Steven Mnuchin and IRS Commissioner Chuck Rettig demanding Trump's tax returns.

Posted by Mary Chastain on April 25, 2019 15 Comments
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 over the removal of toilets in a mansion in order to receive a property tax break.

Posted by Mary Chastain on April 15, 2019 21 Comments
Happy Tax Day! Unfortunately, the 16th Amendment still exists, which means everyone pays federal taxes. Today is the due date so you better get it in or else the IRS will come after you for the money they believe belongs to them. But I digress. Remember that tax plan that passed in late 2017? The left pounced and convinced people they would not receive a tax cut. Some even believed they would see a tax increase. Lies. Data has proven the left wrong once again.

Posted by Kemberlee Kaye on March 01, 2019 11 Comments
Sorry, Democrats, but data recently released from the IRS indicates tax refunds haven't dwindled following Trump's tax reform, they're actually up by a whole 1.3% (on average). Since its passage, Democrats have demonized the tax reform legislation, first claiming the increase in take-home pay was minimal, then suggesting companies would just keep the extra for themselves, greedy corporations and all. When large companies passed the saving to their employees, Democrats went back to the, well it's just a one-time small gift, mantra.

Posted by Mike LaChance on January 12, 2019 27 Comments
As more Democrats declare their intention to run for president in 2020, they will be under increased pressure to distinguish themselves from the rest of the crowd. One of the ways this is already unfolding is a competition to be the person who wants to raise taxes the highest on high earners.
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