NY Daily News Calls for IRS to Stop Auditing Trump’s Taxes – #ReleaseYourTaxes

Did you know that the Trump campaign has said he will NOT be releasing his taxes before the November presidential election? Imagine that! A presidential candidate who has decided to stick it to the American people and keep his taxes secret. The Daily News asks, what is Trump hiding? If Trump was a straight-up businessman like he claims, then releasing his taxes should be easy. “Supported by President Obama, the IRS should declare Trump’s tax audit settled,” the editorial board wrote...

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Donald Trump Proposed “the Biggest Tax Hike… in History”

I love the way Yahoo News put this. They said if Trump had his way, his tax hike proposal would have made Bernie Sanders proud. In classic Trump fashion, the plan was big and bold. If enacted, Trump's plan would have been biggest tax hike, in total raw dollars, in history. In a word, it would have been huge. The year was 1999 and Trump was toying with the idea of running for President as a third party candidate. The idea, which Trump says he no longer supports, was to impose a one-time tax of 14.25...

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Fox News Willfully Misleads – Implies That Obama is “Raising” Taxes on The Middle Class

One of the many specifics proposed by President Obama in this year's State of The Union Address was lowing the taxes on middle class workers. To pay for this, the president has proposed closing tax loopholes and increasing Capital Gains taxes on the top 1%. But over at Fox News, they are hearing a completely different thing as they willfully mislead their audience into believing that what the president proposed will raise their taxes. Look at their onscreen graphic. It asks the audience if Obama's...

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Report: Poor Families Pay Double The Tax Rate as Rich Families

And the Republicans rejoice. They have been working for this outcome for decades! Middle- and low-income Americans are facing far higher state and local taxes than the wealthy, according to a new report assessing tax data from all 50 states. In all, the analysis by the nonpartisan Institute on Taxation and Economic Policy (ITEP) finds that the poorest 20 percent of households pay on average more than twice the effective state and local tax rate (10.9 percent) as the richest 1 percent of taxpayers...

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John Boehner Getting Crucified on His Facebook Page For Telling Another Lie

The Republican Leader of the House of Representatives thought he was on safe ground when he decided to write a post on his verified Facebook page, claiming “House Republicans have protected 98% of Americans from permanent tax increases." For those of you following politics, you already know that the only "Americans" Republicans have fought to protect are the top 2% - the millionaires and billionaires among us. Republicans have, however, gone out of their way to make sure the middle class...

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President’s Weekly Address – Ending Tax Loopholes For Tax Evaders Like Walgreens

In this week's address, president Obama called on congress to close the tax loophole that allow some American companies to adopt the leaching mentality. The leachers sell their products to the American people, collect huge amounts in profit, but avoid paying taxes on their income by claiming overseas tax status. Walgreens, the company that calls itself "the pharmacy America trusts," is one of these companies, currently considering moving their operations to foreign shores to avoid paying...

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Brian McKnight in Tax Troubles – Files Lawsuit Against His Accountant

Now this one here is a shame. Clean cut R&B artist Brian McKnight, known especially for his 1997 hit "Anytime" and another hut in 1999 "Back At One," apparently hasn't paid taxes in a decade, and he is blaming his accountant. McKnight has filed a lawsuit against Vernon Brown and Company, claiming Brown ruined his life by not paying ANY of Brian's taxes for close to a decade ... resulting not only in more than a million bucks in back taxes, but more than $500K in penalties and interest. Here's...

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