WND EXCLUSIVE
Seeks determination on whether Muslim Democrat broke law to be naturalized
Rep. Ilhan Omar, D-Minn., questions special envoy Elliott Abrams ...
News Commentary
By Rusty | Featured Contributor | ThePoliticalInsider
New York City Mayor Bill de Blasio promoted his city’s Green New Deal, made a ...
By Hans Bader | cnsnews
President Donald J. Trump (Photo by Joe Raedle/Getty Images)
Unemployment is at a 49-year low. American workers are seeing the fastest ...
President Donald J. Trump (right) (Photo by Chip Somodevilla/Getty Images) and Tax Cuts and Jobs Act sign (left) Photo by Chip Somodevilla/Getty Images)
It should come as no surprise most Americans saw a lower federal tax burden following the Tax Cuts and Jobs Act (TCJA). Tax Foundation data reveals 80 percent of filers saw a substantially lower federal tax liability following federal tax reform – and only 5 percent of filers saw a significantly higher tax liability. The TCJA tax relief benefited the vast majority of filers by doubling the standard deduction, doubling the child tax credit, and decreasing personal
The remittance payments that illegal aliens send back home to Mexico, after stealing jobs meant for Americans and paying no taxes on their wages, seem a bit… unfair. A lot of Americans would probably like to sign up for that.
All the money that you make at your job, for example, may be intended to benefit members of your immediate family. Therefore, wouldn’t it be nice to be able to pay no taxes on your salary, simply by claiming, “But the money is for my family!”
Alas, you can’t get a sweet deal like that in America. That’s only a benefit that
Rachel Greszler is research fellow in economics, budget, and entitlements in the Grover M. Hermann Center for the Federal Budget, of the Institute for Economic Freedom, at The Heritage Foundation. Read her research.
Workers and retirees have long been warned that Social Security’s trust fund will run out of funds sometime in the future, and that the program has many trillions of dollars in unfunded obligations.
Sen. Bernie Sanders (I., Vt.) saved roughly $38,000 in taxes thanks to the Tax Cuts and Jobs Act, the Republican-passed tax cut championed by President Donald Trump which the New York Times recently admitted cut most Americans’ taxes.
Sanders released ten years’ worth of tax returns Monday night, fulfilling a long-standing promise to do so. The returns indicated that Sanders is now a millionaire, having collected more than $1 million in 2016 and 2017 thanks to
Bernie Sanders continually bemoans the supposed greediness of America’s upper class, who consistently give the most to charity overall and as a percentage of their income.
However, newly released tax returns show Sanders – now officially a member of the one percent – has a fascinating history. As the senator’s income has risen over the past decade, he has barely given to charity, between one to four percent of his income in a given year.
During his town hall event on Monday hosted by Fox News, Bernie Sanders was asked a wide variety of questions, mostly relating to his radical socialist agenda.
The socialist blatantly noted that if elected President, he would be raising everyone’s taxes.
“You’re going to pay more in taxes,” Sanders said, adding that “the overwhelming majority of people are going to end up paying less for health care.”
He contradicted himself by saying, “Look, health care is not free” but it will “be free at the point of when you use it, okay?”
Presidential hopeful Robert Francis O’Rourke and his wife, Amy, underpaid by more than $4,000 on their taxes in 2013 and 2014 while O’Rourke was a member of Congress, according to tax returns released on Monday.
The O’Rourkes took an incorrect amount of deductions on medical expenses, not paying attention to a limit which only allowed deductions for expenses that were over 10 percent of income for people their age, Fox News reports. If the O’Rourkes had not taken nearly $16,000 in dental and medical deductions, they would have had a
Whatever any federal taxpayer sent off to the Internal Revenue Service on Monday’s federal income tax deadline was chump change compared to what it would cost to pay off the national debt, according to a watchdog organization.
The website Truth in Accounting on Monday released its annual Financial State of the Union, which found that America is deeper in debt than ever before.
“Our elected officials have made repeated financial decisions that have left the federal government with a debt burden of $105 trillion, including unfunded Social Security and Medicare promises,” the report said.
Saturday, May 11th, 2019
