Taxes Tag

Surprise: Misleadingly-Named “Inflation Reduction Act” Will Raise Taxes Even On The Middle Class

Posted by Mike LaChance on July 31, 2022 27 Comments

Joe Biden has repeatedly claimed that under his plans, no one making under $400,000 would pay any increase in taxes. That may not be entirely accurate.

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Harvard and Other Ivy League Schools Push Congress for Special Tax Cut on Endowments

Posted by Mike LaChance on July 26, 2022 4 Comments

"Earlier this year, Harvard University President Lawrence Bacow personally met with lawmakers, including Senate Majority Leader Chuck Schumer"...

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Massachusetts “Millionaire’s Tax” Surcharge Referendum Can Appear On Ballot, Highest State Court Rules

Posted by William A. Jacobson on June 22, 2022 36 Comments

Florida is going to have to make more room....

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Drexel University Accounting Prof Indicted for $1.2 Million in Tax Evasion

Posted by Mike LaChance on May 14, 2022 3 Comments

"charges that he underreported over $3 million in business income"...

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California’s Population Shrank in 2021 for Second Year in a Row

Posted by Mike LaChance on May 04, 2022 22 Comments

The state of California lost its population in 2021 for the second consecutive year. If this had happened only once, it could be shrugged off as an anomaly, but not for two years in a row. What are people supposed to do? They tried to recall Governor Newsom and it failed. If you want change that badly, your last option is to vote with your feet.

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Senator Chuck Schumer Thinks Higher Taxes Will Solve Inflation

Posted by Mike LaChance on April 29, 2022 27 Comments

Senate Majority Leader Chuck Schumer (D-NY) has never met a tax increase he didn't like, and now he is saying that tax increases are the solution to rising inflation. So the answer to the pain American consumers feel at the gas pump and the grocery store is... more pain.

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New Mexico Reportedly Using COVID Relief Funds to Pay for ‘Free’ College for Illegal Immigrants

Posted by Mike LaChance on April 14, 2022 6 Comments

"Eight Republicans voted in favor of this Democrat-led legislation"...

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Black Lives Matter Organization Reportedly Used Donor Cash to Buy a $6 Million House

Posted by Mike LaChance on April 05, 2022 40 Comments

The women who no longer run the Black Lives Matter organization reportedly bought a California home worth $6 million and kept that information quiet until a journalist asked them about it. People on Twitter have joked that the real meaning of BLM is 'Buying Large Mansions,' and it's easy to see why.

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Florida Based Education Program Using Tax Dollars to Train Teachers in Critical Race Theory

Posted by Mike LaChance on February 24, 2022 1 Comment

"The funding came through two grants, one in 2017 and another in 2021."...

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Black Lives Matter Halts Fundraising Amid Scrutiny of Finances and Legal Threats

Posted by Mike LaChance on February 03, 2022 23 Comments

People have started to notice that Black Lives Matter, the organization, is sitting on a massive pile of cash and doesn't seem to be following standard procedures for a non-profit. As a result of this increased scrutiny, they have temporarily suspended their fundraising operations.

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California Democrats Propose Universal Healthcare Funded by New Income and Business Taxes

Posted by Leslie Eastman on January 12, 2022 39 Comments

Bonus: Healthcare services will be extended to illegal immigrants....

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Rashida Tlaib Wants Taxpayers to Pay Off Student Loan Debts, Including Hers

Posted by Mike LaChance on December 08, 2021 39 Comments

Rep. Rashida Tlaib (D-MI) wants taxpayers to pay off all existing student loan debt, including her own outstanding law school debt. As a member of Congress, Tlaib earns $174,000 a year. That's $14,500 per month, yet somehow she just can't get her student loans paid.

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Banks Asking Customers to Tell Congress to Oppose Biden’s IRS Snooping Plans

Posted by Mary Chastain on September 21, 2021 56 Comments

FCN Bank: "We work for our customers and our Community, not the IRS."...

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Democrats Welcome Jeff Bezos Back to Earth With Tax Demands

Posted by Leslie Eastman on July 22, 2021 36 Comments

The Eagle may have landed, but the vultures are already circling over spaceflight taxes....

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Gun Owners in San Jose, CA to Face New Tax and Confiscation for Noncompliance

Posted by Mike LaChance on July 03, 2021 57 Comments

The city council in San Jose, California has voted to impose a new tax on gun owners in the city. Failure to comply with the new tax will result in gun confiscation. This is an obvious attempt to exert a form of gun control through punishment.

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Business Owners in Baltimore Threaten to Withhold Taxes Over Rampant Crime

Posted by Mike LaChance on June 11, 2021 34 Comments

Frustrated business owners in Baltimore are tired of rising crime and are becoming increasingly concerned about the safety of their employees and customers. Dozens of them are now telling the city to do its job, or they won't pay city taxes and fees.

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Wealthy New Yorkers Eye Exits as State Plans Significant Tax Increases

Posted by Mike LaChance on April 12, 2021 25 Comments

New York's economy was devastated by the pandemic, specifically the lock downs. Thousands of people with the means to do so have already fled the state. Now the state is planning to raise taxes. Do they really expect people to stay?

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Treasury Secretary Janet Yellen Calls for Global Corporate Tax Rate

Posted by Leslie Eastman on April 06, 2021 29 Comments

Treasury Secretary Janet Yellen has officially called for a minimum global corporate tax rate, saying that "tax competition" distorts the economic playing field and pressures governments to erode their tax base.

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