Tax Increase

California Lawmakers Approve Gun and Ammunition Tax To Pay For ‘School Safety Improvements’

California lawmakers voted Thursday to raise taxes on gun and ammunition to use the funds to pay for gun violence prevention programs and school safety improvements.

Texas Judge Finds School District Violated Father’s Rights

A U.S. district court judge in Texas found that a father's claims that school board members and police violated his rights after removing him and preventing him from returning to school board meetings are valid.

Trump Warns of New ‘Great Depression’

The collapse of Silicon Valley Bank (SVB) was the fault of US President Joe Biden’s administration, Donald Trump has claimed, warning it could lead to a new Great Depression in the United States.

Some People Can Expect Medicare Tax Increases Under Next Biden Budget

Some individuals can expect a Medicare tax increase under the new budget proposal scheduled to be unveiled this week by the Biden administration.

Here’s a List of Biden Tax Hikes Which Take Effect Jan. 1

When the Democrats finally passed the "Inflation Reduction Act" in 2022 (how's that going?), they included several tax hikes set to take effect on Jan. 1, 2023.

IRS to Set Up ‘Centralized Office’ for 87,000 New Agents

The Internal Revenue Service will establish a centralized office to implement elements of the tax and spending bill that President Joe Biden signed last week, including almost 87,000 new IRS agents, the agency’s chief says.

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.

Sen. Manchin’s Campaign Bankrolled by Green Energy, Fossil Fuel Groups

Sen. Joe Manchin, D-W.Va., has taken millions in donations from oil, gas and coal industry groups over the years, but he also brings in donations from green energy organizations and companies, according to his Federal Election Commission filings.

Trump Warns Something Worse Than Recession Is Coming

Former President Donald Trump has warned that America’s economy is on track for a bigger disaster than a recession.

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).

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