Taxes

Nra Could Lose Its Tax-exempt Status: Report

A report by a collaboration of The Trace and The New Yorker reveals the intricate way in which hundreds of millions of dollars have allegedly been siphoned off to top executives and vendors at the National Rifle Association (NRA). This article first...

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Amazon — And 56 Other Corporations — Took Your Tax Dollars

Yeah, yeah, yeah, Bernie Sanders, castigator of the one percent, is a millionaire now. So are Kamala Harris and Elizabeth Warren. Big whoop. There’s a crucial difference between these candidates seeking the Democratic presidential nomination and...
Related topics: Amazon, Amazon (AMZN)

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How The Irs Gave Up Fighting Dark Money Groups

ProPublica: “Since 2015, thousands of complaints have streamed in — from citizens, public interest groups, IRS agents, government officials and more — that C4s are abusing the rules. But the agency has not stripped a single organization of...
Related topics: IRS

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2:00pm Water Cooler 4/18/2019

Today's Water Cooler: China and WTO, Biden to run, Buttigieg (Zuckerberg; donors), Harris, Moulton (!), Sanders, Warren, Yang, RussiaGate, super-delegates, jobless claims, leading indicators, retail sales, Sears, Lyft, CA carbon tax debacle,...
Related topics: China, Joe Biden

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‘bonuses’ From Gop Tax Scam Averaged Just A Penny Last Year

As a result of the Republican tax scam, American workers saw their bonuses in 2018 increase by — wait for it — $0.01. According to an analysis by the Economic Policy Institute (EPI) released Monday, the average bonus in 2018 was one penny higher...

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The Feel-good Paper-bag Tax

The main problem with plastic bags is aesthetic: they’re “a highly visible sign of waste.”

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State Tax Receipts Decline In New York

Despite ending the fiscal year on a comparatively positive note, tax receipts in New York declined by 4.7 percent compared to last year, according to a report from the state comptroller’s office. The state concluded its fiscal year on March 31...

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Ask A Fool: Can I Deduct Investment Losses On My Tax Return?

The short answer is yes. If you end up with capital gains later in the year, you can use these losses to help offset them for tax purposes.And even if you don't end 2019 with any capital gains from selling other assets, you may be able to use your...

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Leaving High-tax Connecticut For Low-tax Florida

The exodus of the wealthy from high-tax Connecticut continues, according to the Wall Street Journal: After four years on the market, and three price cuts, a stately Colonial-style home on Greenwich, Conn.’s tony Round Hill Road is being sold in a...

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Elizabeth Warren Has A Plan

In February, a little more than a week after she officially announced she was running for president, Elizabeth Warren rolled out a sweeping proposal to make high-quality child care accessible to every family in the country by levying a tax on the...

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50% Of Small Business Owners Saw A 10% Tax Bill Decrease In 2019

Half the respondents to a new survey saw their tax bill drop. Some tout the 2017 Tax Cuts and Jobs Act as a reason. Another equal amount reported their tax bill remained the same. The Q1 2019 Vistage CEO Confidence Index also found a small...
Related topics: Polls

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Bank Of Japan Mulls Downgrading Gdp Outlook, Gov't May Delay Sales Tax Hike

Japanese central bankers are debating a possible downgrade in the Bank of Japan's (BOJ) economic outlook amid weak exports, sluggish domestic consumption, and rising international risks.
Related topics: Banking, Japan

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Matt Gaetz’s ‘green Real Deal’ Is Big-government, Economy-killing Climate Alarmism

By James Taylor Congressman Matt Gore – er, I mean Matt Gaetz – unveiled a ‘Green Real Deal’ this month, showing he is in full agreement with Al Gore-style climate alarmism. Gaetz’s proposal also reveals he believes high taxes, expensive...

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By: Paul

The reason that these politicians are pursuing minimum pricing rather than taxation is that the Scottish Government does not have the power to levy taxes on alcohol.

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The Trump Corporate Tax Cuts Will Raise Wages

The rate cut provides incentives for self-interested companies to earn additional taxable income by allowing them to keep more of it.

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Nearly 100,000 Pentagon Whistleblower Complaints Have Been Silenced

Lee CampThe Pentagon sucks up 55% of all the discretionary tax money we pay to our government. (Photo: Shutterstock)
Related topics: Pentagon, Usa Photos

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Canada Is Launching A Tax Credit For Electric Vehicles. Tesla's Cars Are Too Expensive To Qualify....

Canada is launching a tax credit for zero-emission vehicles on May 1.  To qualify, the base model of a new car must sell for less than $45,000 CAD.  Tesla vehicles will not qualify for the credit because the company's cheapest Model 3...
Related topics: Canada, Tesla

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William Weld The Weasel

Gary Johnson’s assistant gadfly William Weld (former RINO Governor of Taxachusetts) is a Republican again, sort of. On Tax Day, the 107th anniversary of the Titanic sinking, Weld announced a primary challenge against Trump. Given that he...
Related topics: Anniversaries

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How Progressives Can Fix The Progressive Income Tax

Sam Pizzigati"With higher tax rates pushing the wealthy to support higher wages for working people, Americans of modest incomes would likely become much more passionate defenders of high tax rates on high incomes," Pizzigati writes. (Photo: Mario...
Related topics: Business Photos

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The Fight Over Trump’s Tax Returns Will End Up In The Supreme Court. Here’s Why.

Should elected officials be allowed to gain access to the federal income tax returns of American taxpayers? When President Richard Nixon tried to do this to get dirt on his political opponents he was deservedly condemned and Congress passed a law...

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