American taxpayers will enjoy a $3,752 tax cut on average in 2026 as a result of the Republicans’ One Big Beautiful Bill Act, according to an analysis by the nonpartisan Tax Foundation.
Kamala Harris’s proposal to tax unrealized capital gains is unconstitutional, unworkable, and “economically destructive,” per tax experts.
German banking giant Deutsche Bank is calling for a “privilege tax” to be imposed on people who work from home, to erase their savings from not having to commute or pay for food on their lunch breaks.
Despite Californians receiving one-fifth of all the benefits from the state and local tax (SALT) deduction, the state’s Republican congressional members seem unafraid to dump it.
Democratic Presidential Nominee Hillary Clinton vowed to tax not only the one percent, but the ten percent of the top earners in America to pay for the dozens of proposed new government programs.
The 10 percent tax on tanning services as part of Obamacare has hurt the tanning industry’s bottom line and has caused 10,000 out of 18,000 stores to close, the Associated Press reports.
This year Americans will collectively give more money to the government in taxes than they will spend on on food, clothing, and housing combined, a new report from the Tax Foundation reveals.
Paul said that putting forward a plan like this allows conservatives and Republicans to go straight after Democrats in a legitimate effort to discredit the argument that a bigger federal government is the way to grow the economy and create jobs.
As lawmakers headed home for a week of vacation–or as some of them return next weekend, earlier than they had expected–they’ll certainly notice the nation’s airports are not in tip-top shape.
