Taxes Tag

https://www.youtube.com/watch?v=decp4c0Qug8

Trump Directs Treasury to Review Tax-Exempt Status of Colleges and Universities

Posted by Mike LaChance on July 11, 2020 66 Comments

President Trump revealed Friday in a pair of tweets that he has directed the Treasury Department to review the tax-exempt status of colleges and universities, saying many of them are "about Radical Left Indoctrination, not Education." He is correct, they are.

Bernie Wants to Tax More Than Just ‘The Rich’ to Pay for Medicare for All

Posted by Mike LaChance on November 26, 2019 16 Comments

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.

https://www.youtube.com/watch?v=eDHJCM-P9k0

FedEx CEO Challenges NYT Editor ‘to a Public Debate’ Over $0 Tax Article

Posted by Mary Chastain on November 18, 2019 12 Comments

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 tax policy.

https://www.youtube.com/watch?v=nxi4HQq9w50

California’s Massive Public Pension Liabilities Offer a Warning to Other States

Posted by Mike LaChance on November 09, 2019 42 Comments

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.

https://www.youtube.com/watch?v=dJFtkNpSc3k&feature=youtu.be

Federal Appeals Court Rules Trump Must Hand Tax Returns to Manhattan DA

Posted by Kemberlee Kaye on November 04, 2019 25 Comments

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

Posted by Kemberlee Kaye on November 01, 2019 21 Comments

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 cut, magically.

https://www.youtube.com/watch?v=e_WMcAfAR-4

New Jersey Taxing Decorative Pumpkins

Posted by Kemberlee Kaye on October 21, 2019 29 Comments

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

Posted by Mary Chastain on September 24, 2019 50 Comments

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.

https://www.youtube.com/watch?v=9AsQh_RwRm0

China Complains to WTO Over Trump Administration’s Tariffs

Posted by Mary Chastain on September 02, 2019 13 Comments

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 $111 billion.

https://www.youtube.com/watch?v=sADXhHpOn1A

China Retaliates With Tariffs on $75 Billions of More U.S. Goods

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.

https://commons.wikimedia.org/wiki/File:Turnbull_selfie_with_Xi_Trump_Quang.jpg

Trump Delays Chinese Tariffs on Laptops, Smartphones, and Toys

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.

Portland Oregon Using Boulders to Deter Homeless Camps

Posted by Mike LaChance on June 21, 2019 37 Comments

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.

https://www.youtube.com/watch?v=-IiFHkVWm7U

Trump Drops Tariff Threat as Mexico Agrees to ‘Take Strong Measures to Stem the Tide of Migration’

Posted by Mary Chastain on June 08, 2019 15 Comments

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 Mexico reached a deal.

Trump Wants to Impose Tariffs on Mexican Imports Over Immigration

Posted by Mary Chastain on May 31, 2019 77 Comments

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.

https://www.youtube.com/watch?v=EsSmzQYO6Tw

Federal Judge Upholds Democrat Congressional Subpoena of Trump’s Financial Records

Posted by Kemberlee Kaye on May 20, 2019 35 Comments

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

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.

The NY Times’ embarrassing attempt to make Trump’s old tax returns a big story

Posted by New Neo on May 09, 2019 13 Comments

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.

https://www.youtube.com/watch?v=fW1r1PISJW8

Illinois Gov. Pritzker Under Federal Investigation for Property Tax Appeals

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.

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