A new American Action Network ad invokes climate-fueled storms while calling a bill that addresses them a 'socialist wish list.' A new ad from a right-wing dark money group invokes the names of three recent hurricanes that caused massive flooding in...
Related topics: Hurricanes
University of Michigan economist Justin Wolfers tweets:
Stunning new estimates suggest that the 400 wealthiest American families paid an average Federal tax rate of only 8.2%.
Wow, I thought. That is stunning. It’s true that a large percent of...
The Hanover Insurance Group, Inc. THG estimates third-quarter catastrophe loss of $150-$165 million pre-tax or $119-$130 million after taxes. The loss is expected to primarily stem from Hurricane Ida.Losses from Hurricane Ida are estimated to be $75...
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Senate Majority Leader Charles Schumer (D-NY) announced that the Senate, House and White House have reached a deal on a “framework” to pay for the massive human infrastructure spending package they hope to pass this fall under budget...
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“The wealthiest 400 families in the United States are paying an average income tax rate of just 8.2%, according to a new analysis from the Biden administration,” CBS News reports.
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Former President Donald Trump announced this week that he would be suing his niece Dr. Mary Trump, the New York Times and some of its reporters for "stealing" his personal tax documents. But as Business Insider explains, it wasn't that long ago that...
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Payments were supposed to continue through the summer, but hundreds of thousands of returns have been held for review and are awaiting processing.
After several weeks of radio silence, we’re finally getting some clarity from the Internal...
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The White House released an analysis on Thursday estimating that the 400 wealthiest American families paid an average federal income tax rate of only 8.2 percent on $1.8 trillion of income from 2010 to 2018."Two factors that contribute to this...
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Dan Pfieffer: “Stop looking for someone to blame and look for something to blame. In one fell swoop, Democrats are trying to rebuild our roads and bridges, unrig the tax code, lift millions out of poverty, address climate change, create jobs,...
President Donald Trump at the White House in October 2018.
Win McNamee/Getty Images
Donald Trump's attorney in 2018 disputed the accuracy of aspects of the NYT expose on his taxes.
A new lawsuit makes no arguments on accuracy, instead...
Related topics: Donald Trump, Lawsuits, White House
The group Patriotic Millionaires says unless the advantages the rich enjoy change, inequality and social unrest will only continue to increase in America.
A nonpartisan group of high-net-worth Americans has issued an open letter to Congress urging a...
Real estate investment trusts, or REITs, have a tax structure that can complicate your brokerage account, unless your brokerage account is an IRA. In this Fool Live video clip, recorded on Sept. 3, Millionacres senior real estate specialist Matt...
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Deadline came and went, but over 750 'resources' are still hard at work Infosys has admitted it has missed the Indian government's deadline to fix the tax portal it built, but which has been a glitchy mess since its June 2021 launch.…
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On Wednesday, the Chicago Sun-Times reported that Jesse Sullivan, a Republican candidate for governor of Illinois, has a nonprofit that owes thousands of dollars in unpaid taxes — but not in Illinois.
"One nonprofit entity created by Republican...
Alex Wong/Getty Images
Donald Trump, by seeking $100 million in damages from Mary Trump and the New York Times, is admitting that the paper’s reporting on his taxes, which he previously called “fake news,” was actually real.
On...
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"Tax the rich!" they declare on the campaign trail and the social scene. But when it comes to legislating, Democrats show they don't really mean it.
washingtonexaminer.com/blogs/beltway-confidential
President Joe Biden this week attempted to inject life into his ailing presidency by dragging out of the closet the hoariest of political cliches: “fairness” in taxation.
Touting his new $3.5 trillion tax-and-spending bill, which...
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MINOT, N.D. — The Democrats have become the party of the rich. “Democrats represented 65% of taxpayers with a household income of $500,000 or more in 2020, according to IRS data, while 74% of taxpayers in Republican districts have...
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The Senate voted on Wednesday to confirm President Biden’s nominee Lily Batchelder to serve as assistant secretary for tax policy in the Treasury Department.The upper chamber voted 64-34 to confirm Batchelder, a law professor at New York...
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'Enough Is Enough': Report Shows Big Oil's Offshore Tax Loopholes Cost US at Least $86 Billion Per Year
Kenny Stancil
kenny
Sep 22, 2021
"We continue to bankroll the very fossil fuel companies...