April 25, 2024

San Francisco Mayor: We Should ‘Get Rid of Most Taxes’ to Attract Businesses

During a portion of an interview with CNBC’s Deirdre Bosa aired on Wednesday’s broadcast of “The Exchange,” San Francisco Mayor London Breed stated that if she could, she “would get rid of most taxes on the books” tomorrow in order to help attract business to the city. She argued that the tax system needs a

Devon Archer Partially Corroborates IRS Whistleblower Claims of How Hunter Biden Evaded Burisma Taxes 

Devon Archer Partially Corroborates IRS Whistleblower Claims of How Hunter Biden Evaded Burisma Taxes  Julia Nikhinson/Sipa/Bloomberg via Getty Images Devon Archer, Hunter Biden’s best friend in business, partially corroborated prior IRS whistleblower testimony about the means by which Hunter Biden evaded paying taxes on money received from Burisma Holdings. As Breitbart News reported, the IRS

Whistleblower: Hunter Biden Deducted Payments to Sex Club, Hookers on His Taxes

President Joe Biden’s son, Hunter Biden, allegedly deducted tens of thousands of dollars in payments made to a prostitute and a sex club from his taxes, according to an IRS whistleblower. An anonymous IRS criminal investigator to the House Ways and Means Committee during a June 1 interview that Biden improperly deducted these expenses on

UK Disposable Income to Fall at Fastest Rate in History as ‘Conservatives’ Push More Taxes

Real household disposable income is likely to fall by over seven per cent over the next two years in Britain, despite claims from finance minister Jeremy Hunt that his budget will bolster the economy. According to the Office for Budget Responsibility (OBR), real household disposable income will see the steepest decline in recorded history over the

BLS: Americans Spent More on Taxes Than on Food, Clothing Combined in 2017.

(CNSNews.com) – Americans on average spent more on taxes than on food and clothing combined in 2017, according to the Bureau of Labor Statistic’s new data on consumer expenditures, which was released this month. “Consumer units” (which include families, financially independent individuals, and people living in a single household who share expenses) spent an average […]

Why Income Taxes Are Immoral.

In our Jeffersonian conception of government, governments exist to secure our rights. Thus, we allow government the power to tax us to pay for the costs of protecting our rights and to have an orderly society. (Flickr) Nearly 2,500 years ago, Plato argued that poets, “with their words and phrases” were too dangerous and could […]

WATCH: Ted Cruz Shuts Down Bernie Sanders’ Thoughts on Taxes, Socialism.

CNN’s Jake Tapper and Dana Bash on Tuesday moderated a townhall on taxes. Republican Sens. Ted Cruz (TX) and Tim Scott (SC) debated Maria Cantwell (WA) and Bernie Sanders (VT). Sen. Cruz was asked, “What do you say to employees if wages don’t increase but investors and executives benefit?” His response was beyond epic. Democrats […]

Trump TV Ad: White House Committed to ‘Cut Taxes this Year for Hard-Working Americans’

Job Creators Network is praising a new White House TV ad celebrating President Donald Trump’s accomplishments on behalf of the American people and the administration’s stated “commitment to cut taxes this year.” “Since President Trump took office in January, he has been dedicated to putting America first and growing our economy,” Job Creators Network President […]

White House Begins Release of Tax Plans: Simplify, Eliminate AMT, Death, Obamacare Taxes

WASHINGTON, D.C. — Details of the Trump Administration tax reform plans began trickling out Wednesday, revealing plans to massively simplify the tax system, adjust tax rates for individuals and businesses, and eliminate several taxes including the AMT, inheritance, and specific Obamacare taxes. During the 1:30 p.m. White House press briefing, a document was provided to […]

Feds Collect Record Income and Payroll Taxes Through March–Still Run $526,855,000,000 Deficit.

The federal government collected record amounts of both individual income taxes and payroll taxes through the first six months of fiscal 2017 (Oct. 1, 2016 through the end of March), according to the Monthly Treasury Statement. Through March, the federal government collected approximately $695,391,000,000 in individual income taxes. That is about $7,387,280,000 more than the […]

Trump says he’s about to cut taxes and regulations ‘massively’

According to Politico, during a visit by business leaders to the White House, President Donald Trump informed them that he would be cutting taxes and regulations left behind by previous administrations “massively.” Present at the meeting were the executives of Ford Motor Company, Johnson and Johnson, Lockheed Martin, U.S. Steel, and more. “We are going […]

Uh Oh! Rep. John Lewis Didn’t Pay Taxes On His Nearly $1 Million D.C. Townhouse

Trump-hating Democrat, John Lewis didn’t pay property taxes on his nearly $1 million D.C. townhouse according to the sleuthing done by Got News: Lewis was in the news recently for saying he doesn’t see President-elect Donald J. Trump as “a legitimate president” because of the #RussianHackers Democratic conspiracy theory. Public records show he avoided paying property taxes […]

FBI director received millions from Clinton Foundation,his brother’s law firm does Clinton’s taxes

A review of FBI Director James Comey’s professional history and relationships shows that the Obama cabinet leader — now under fire for his handling of the investigation of Hillary Clinton — is deeply entrenched in the big-money cronyism culture of Washington, D.C. His personal and professional relationships — all undisclosed as he announced the Bureau […]

Of Course Trump Paid Taxes

Following a leak of a few pages of Donald Trump’s 1995 tax return, which under post-Watergate reforms to the tax code may be a criminal act if the leak were made by a federal or state government employee, the left is hyperventilating that Trump may not have paid federal income taxes for some years because […]

WOW! Hypocrite Hillary Clinton Used SAME TAX AVOIDANCE LAW as Trump to Save Money on Taxes

WOW! Shameless hypocrite Hillary Clinton attacked Donald Trump today for using the current law to avoid paying taxes for several consecutive years. Hillary posted several tweets attacking Trump for using a common legal tax offset scheme. Reminder: While Trump probably pays no federal taxes, he wants a $4 billion tax break for his own family. […]

Obama Has Collected $19,966,110,000,000 in Taxes; Incurred $8,795,689,333,049 in Debt

During the 90 full months President Barack Obama has completed serving in the White House—February 2009 through July 2016–the U.S. Treasury collected approximately $19,966,110,000,000 in tax revenues (in non-inflation-adjusted dollars), according to the Monthly Treasury Statements. During those same 90 months, the federal debt rose from $10,632,005,246,736.97 to $19,427,694,579,786.64—an increase of $8,795,689,333,049.67. In July, according […]

Trump targets taxes, regulations in economic speech in Detroit

DETROIT/WASHINGTON (Reuters) – Republican presidential nominee Donald Trump on Monday sought to regain momentum with an economic speech in which he floated new tax breaks and cuts to regulation, as protesters repeatedly interrupted him. Trump said his plan would include imposing a temporary moratorium on new federal regulations, reducing rates for income and corporate taxes, […]

Hillary vows ‘we will raise taxes on the middle class’

The Hillary campaign will obviously say she “misspoke” and meant to say something else – either that she would raise taxes on the “super rich” or that she would cut taxes on the middle class. Come on, they’ll say. You can’t really think that’s what she meant. And no. I don’t. That is, I don’t […]

Panama Papers: Obama and Globalists Kill Right to Privacy

Seizing on the media- and government-manufactured “Panama Papers” brouhaha, governments and globalist organizations announced a wave of new edicts and agreements last week in a plot to kill what remains of financial privacy rights and impose a radical global tax regime on humanity. The Obama administration, the United Nations, the World Bank, the International Monetary […]

IRS Can Track Your Cell Phone, but Leaves Billions in Taxes Uncollected

While the Internal Revenue Service continues to leave uncollected tax money on the table, the agency beefed up its surveillance capabilities in a move that alarms both conservative and liberal privacy advocates. Now some complain the IRS is acting too much like Big Brother and not enough like a traditional taxman. Since 2006, the IRS […]

$1.48 Trillion: Government Collects Record-High Taxes in First Half of FY 2016, Still Runs $461 Billion Deficit

Inflation-adjusted federal tax revenues hit a record $1.48 trillion for the first half of fiscal year 2016, but the federal government still ran a $461 billion deficit during that time, according to the latest monthly Treasury Department statement. Treasury receipts include tax revenue from individual income taxes, corporate income taxes, social insurance and retirement taxes, unemployment […]

Americans Spend More on Taxes Than Food, Clothing, Housing Combined

This year Americans will collectively give more money to the government in taxes than they will spend on on food, clothing, and housing combined, a new report from the Tax Foundation reveals. The report shows 31 percent of the nation’s income will go to taxes — $3.3 trillion in federal taxes and $1.6 trillion in state […]

Death and Taxes: Sanders Tax Plan Riddled With Trillions In Tax Increases

Yes, Sen. Bernie Sanders may have outright trounced Clinton (67/32) in the Kansas Democratic Caucuses, but let’s this be a friendly reminder to everyone that his economic agenda might as well be a suicide note for America. The self-described Democratic socialist has made no effort to hide that fact that he wants to tackle inequality, […]

“We Will Raise Taxes, Yes We Will” Bernie Sanders

We’ve gone all the way from “Yes, we can” to “We will raise taxes, yes we will.” But that’s the medium stage of socialism. It begins with inspiration, continues on to highway robbery and ends somewhere in a gulag. Forward! “We will raise taxes, yes we will,” Sanders said at CNN’s Democratic town hall in […]

Bernie Sanders: “Yes, I Will Raise Taxes On Everybody”

Presidential candidate Bernie Sanders has made headlines several times over the past week as more and more people question how the country could ever afford his plan. On Friday, Bill Maher pushed and prodded a flummoxed Sanders over the untenable costs of his platform. Now, liberal media darling, George Stephanopoulos has finally gotten Sanders to […]

BERNIE SANDERS finally admits everyone’s taxes must rise to pay for his spending

Bernie Sanders has been peddling the fantasy that by soaking Wall Street and other mega-rich people with high taxes, a bonanza of freebies – free college, free health care, etc. – can be available for all. Pure covetous class envy worthy of the crudest communist revolutionary. I have to give former Clinton White House official […]

$3,248,723,000,000: Federal Taxes Set Record in FY 2015; $21,833 Per Worker; Feds Still Run $438.9B Deficit

  (CNSNews.com) – The federal government took in a record of approximately $3,248,723,000,000 in taxes in fiscal 2015 (which ended on Sept. 30), according to the Monthly Treasury Statement released today. That equaled approximately $21,833 for every person in the country who had either a full-time or part-time job in September. It is also up about […]

In 2015, 45 Percent Of Americans Will Pay No Federal Income Taxes

The number of individuals and married couples paying no federal income tax has risen to 45.3 percent — up five percentage points from the Tax Policy Center’s original estimate two years ago. The TPC forecasted in 2013 that the number of households not paying federal taxes would fall to 40.4 percent, crediting an improving economy […]

$2,446,920,000,000: Federal Taxes Set Record Through June; $16,451 Per U.S. Worker—Feds Still Run $313B Deficit

The federal government raked in a record of approximately $2,446,920,000,000 in tax revenues through the first nine months of fiscal 2015 (Oct. 1, 2014 through the end of June), according to the Monthly Treasury Statement released today. That equaled approximately $16,451 for every person in the country who had either a full-time or part-time job […]

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