The Biden administration is seeking to compel banks to report to the IRS any bank account with more than $600 in transactions per year. This proposal is a linchpin of Biden’s American Families Plan, and will supposedly help generate almost $500 billion in federal revenue over the next decade.
Former Secretary of State and current Biden "Climate Czar" John Kerry is having trouble convincing the Chinese Community Party to jump onboard U.S. plans to combat climate change.
Democrats want working-class families in red states like Florida and Texas to subsidize residents making $200,000, $400,000, or more in places like New York and New Jersey.
The federal government in 2018 rejected a proposal from EcoHealth Alliance to fund bat coronavirus research that included gain-of-function experiments with "humanized" and "batified" mice, leaked documents reveal.
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.
Changes 'should be enacted sooner rather than later to minimize the impact on beneficiaries'
The Social Security and Medicare trust funds are expected to soon...