Tax Plan

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).

President Trump Thanks Joe Biden for Crowning Him the ‘Great MAGA King’

45th President Donald J. Trump thanked Joe Biden for crowning him the “Great MAGA King” in a post he made to his Truth Social platform after Biden’s attempt to use the moniker as an insult fell flat.

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.

Whether Trump Runs in 2024 or Not, Key Party Figures Say He Defines the Future of the GOP Agenda

Exuberant Republicans cannot wait for the 2022 mid-term elections that they expect will restore their congressional majorities and the 2024 presidential contest to put one of their own back in the Oval Office.

Dodging the Constitution for a Global Tax

Treasury plans to adopt a new treaty without a proper Senate vote.

Human infrastructure bill gives illegal aliens $300 a month per child

Will incentivize far more immigration

Wealthiest Americans dodging $163B in taxes annually, Treasury says

Report also said the IRS is 'understaffed' and utilizing 'outdated technology'

“Bitcoin Fixes This”: Silicon Valley Icon Slams “Job-Crushing” Biden Tax Plan, “Oppressive Government”

Bloomberg quickly polled several Wall Street traders who focused on the policy’s implications for investing, and concluded that while it was too soon to panic, prospects of a higher levy on stock profits could spark near-term selling as investors look to skirt a higher rate.

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