Income Tax

AOC Admits to Violating Congressional Financial Disclosure Rules

Rep. Alexandria Ocasio-Cortez (D-NY) openly admitted through her spokeswoman that she is flouting congressional financial disclosure rules. Ocasio-Cortez was due to report her 2021 finances...

Corporate Minimum Tax: A Globalist Agenda

The Inflation Reduction Act, passed by both houses, includes a 15 percent corporate minimum tax, which will be a major step toward increased government powers and forced globalization on top of being detrimental to the economy.

Supersized IRS Will Shrink Liberty

West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation Creation Act, is not a tax increase.

Big Businesses Are Fleeing Liberal Cities for Conservative Strongholds

Massive companies are fleeing liberal cities and states. Tired of skyrocketing tax rates, COVID-19 protocols, crime and homelessness, they’re moving to the most conservative...

House Proposal Will Hike Taxes on Lower- And Middle-Income Americans: Bipartisan Congressional Panel

Taxes will go up for millions of lower- and middle-income taxpayers under the House Democrats’ version of President Joe Biden’s Build Back Better plan, according to two new analyses by the non-partisan professional staff of the congressional Joint Committee on Taxation (JCT).

More Companies Join the ‘Great Migration’ to Red States

Amidst predictions of a political “red wave” in the upcoming mid-term elections, an economic wave has been building for years with no end in sight as companies flood out of blue states and into red states.

SCOTUS Rejects Attempt by Blue States to Get Tax Cuts for the Rich

The U.S. Supreme Court on Monday rejected an attempt by Democratic-led states to get a massive tax cut for the rich.

Tax Returns for Biden, Harris Revealed: Second Couple Donated Less Than Half to Charity Compared to High Earners in Their Wealth Class

The 2021 federal income tax returns for President Joe Biden and Vice President Kamala Harris, as well as their spouses, were revealed by the White House on Friday. According to a tax analysis, Harris and the Second Gentleman Douglas Emhoff donated less than half the average charity for earners at their level of wealth. 

Watchdog Warns States Blowing ‘Budget Surpluses’ on Wants Not Needs

In spring 2020, state and local governments were confronted with cascading costs in managing the public health response to the pandemic, spiking unemployment, and steep sales tax and user fee revenue declines resulting from business disruption and restrictions.

Biden’s Budget Calls for Funding the Police, Taxing Rich, Countering China

President Joe Biden released his $5.8 trillion budget for fiscal year 2023 on Monday, including significant funding for the police, in an effort to set himself apart from progressives in his party who have advocated for defunding the police. Biden also called for more defense spending and a new minimum tax targeting the rich.

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