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… Continue reading NY Daily News Calls for IRS to Stop Auditing Trump’s Taxes – #ReleaseYourTaxes
Category: taxes
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… Continue reading Donald Trump Proposed “the Biggest Tax Hike… in History”
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… Continue reading Fox News Willfully Misleads – Implies That Obama is “Raising” Taxes on The Middle Class
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… Continue reading Report: Poor Families Pay Double The Tax Rate as Rich Families
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… Continue reading John Boehner Getting Crucified on His Facebook Page For Telling Another Lie
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… Continue reading President’s Weekly Address – Ending Tax Loopholes For Tax Evaders Like Walgreens
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… Continue reading Brian McKnight in Tax Troubles – Files Lawsuit Against His Accountant
New Data – Rich People Paying Less Taxes Under Obama
This, despised the fact that Republicans and those in the top 10 percent huddle together to convince low information Americans that President Obama is waging a war on the rich. New data is out from the IRS, showing the share of federal income taxes paid by those in each economic strata. Bruce Bartlett points out… Continue reading New Data – Rich People Paying Less Taxes Under Obama
Man Files 122 False Income Tax Returns – Gets $92,000 in Returns
Here’s something original. Barry made over $92,000.00 filing 122 false income tax returns using the information of dead people. In other news, Republican Senator Rand Paul recently defended Apple’s decision to cheat the American Government out of billions in taxes, by shipping their income overseas. Paul was heard saying that everyone game the system in… Continue reading Man Files 122 False Income Tax Returns – Gets $92,000 in Returns
Acting IRS Chief Resigns, Obama Condemns ‘Inexcusible’ Targeting of Tea Party Groups
President Obama announced on Wednesday that the Internal Revenue Service acting commissioner Steven Miller has submitted his resignation for his agency’s “inexcusable” targeting of conservative groups who had applied for tax-exempt status. “I reviewed the Treasury Department watchdog’s report and the misconduct that it uncovered is inexcusable,” Obama said in the East Room of the… Continue reading Acting IRS Chief Resigns, Obama Condemns ‘Inexcusible’ Targeting of Tea Party Groups
Republican House Bill: Federal Workers Owing Taxes Must Lose Their Jobs
The House will mark April 15, the day federal taxes are due, by passing a bill that would require the government to fire federal workers with “seriously delinquent” tax debts. Thousands of federal workers are cited each year for failing to pay their taxes on time. Last month, the IRS said more than 300,000 workers… Continue reading Republican House Bill: Federal Workers Owing Taxes Must Lose Their Jobs
Bill O’Reilly And The Liberal On Taxing The Rich – Video
Although rich folks in America have been the only benefactors of a Republican policy called Trickle Down Economics – a policy earning them trillions in wealth since it was implemented – there are those who still believes that asking these same people to contribute to the economy by paying a fair share of taxes is… Continue reading Bill O’Reilly And The Liberal On Taxing The Rich – Video