Tax System

IRS Destroys Millions of Tax Documents, GOP Lawmakers Seeking Answers

Two Republican lawmakers, James Comer (R-Ky.), ranking member of the House Committee on Oversight and Reform, and Nancy Mace (R-S.C.), ranking member of the Subcommittee on Civil Rights and Civil Liberties, have written a letter asking the Internal Revenue Service (IRS) to explain the destruction of 30 million paper-filed tax documents last year.

Full Text: Joe Biden’s State of the Union Address

Madam Speaker, Madam Vice President, our First Lady and Second Gentleman. Members of Congress and the Cabinet. Justices of the Supreme Court. My fellow Americans.

Don’t Look To California For Healthcare Reform

U.S. Sen. Bernie Sanders has been unable to advance a top-down, government takeover of our nation’s health care system, so like-minded California lawmakers attempted a state version that would have ended private health insurance, forced Medicare participants into a new experimental system, and put the government in charge of Californian’s health care.

TX Gov Poll: Runoff Likely as Col. Allen West Soars Past Incumbent Greg Abbott

New polling data from Paradigm Partners LLC shows support for Lt. Col. Allen West trending upwards of 40%. West — who previously served as a U.S. Rep. — is mounting a serious primary challenge to incumbent Governor of Texas, Greg Abbott.

Official watchdog proves that IRS treats taxpayers like dirt

The IRS needs more agents on its help desk, not its audit department.

Globalists Come to Agreement on Global Minimum Corporate Tax Rate

No less than 136 countries have reached a deal that would set a global minimum corporate tax rate of 15 percent. The Organization for Economic Cooperation and Development (OECD) announced the agreement on Friday.

Boris Johnson to Face-Off with Amazon Founder Jeff Bezos Over E-Commerce Giant’s Low UK Tax Payments

Amazon’s relatively low tax bill in the UK has been a contentious issue for years. As online sales soared, driven by the COVID-19 restrictions adopted in 2020, the company nevertheless displayed a tax-to-turnover ratio of just 0.37 percent.

COVID-19 Relief Measures Make US Tax System ‘More Progressive’

The U.S. income tax system is “very progressive,” and it’s increasingly taking on the role of providing social benefits to households, according to the Tax Foundation.

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