Category Archives: Taxation

GOP Is Totally Misrepresenting The 87K New IRS Agents Or Something

The plan totally doesn’t exist, you know! Trump allies are attacking Biden for a plan to hire 87,000 new IRS agents that doesn't existhttps://t.co/kulUehCEnm — TIME (@TIME) August 10, 2022 See? From the link “Do you make $75,000 or less?” tweeted House Minority Leader Kevin McCarthy. “Democrats’ new army of 87,000 IRS agents will be coming for […]

Democrats Finally Pass Climate Bill Or Something

Media outlets aren’t even pretending this is about inflation reduction History’s Greatest Obstacle to Climate Progress Has Finally Fallen Democrats in the Senate passed a bill that would, for the first time ever, use Congress’s power to push the U.S. to decarbonize. …. But now, on a broiling August day 34 years after Hansen spoke, […]

Report: IRS Will Soon Require Facial Recognition For Certain Online Tax Activities

Sounds, cool, right? Giving the IRS a photo of yourself? But, don’t ask that a photo ID be required to cast a vote The IRS will soon make you use facial recognition to access your taxes online The Internal Revenue Service will require people who access and pay their taxes online to enroll in a […]

Who’s Up For Massive Tax Raises In California To Pay For Universal Health Care

But, see, health care will be totally free! That’s what those advocating for it tell us California weighing proposal that could double its taxes California lawmakers unveiled a new bill at the beginning of the year that would establish a single-payer health care system – an ambitious plan that would be funded by nearly doubling […]

House Democrats Will Tank Biden’s BBB If Tax Cut For Rich Is Removed

Every time there’s a Republican president and GOP controlled congress, as well as GOP control of a general assembly and governor’s mansion, the media trots out stories, originating from Democratic party press releases and talking points memos, about how any and every tax cut is “for the rich”. Elected Democrats will demagogue about this. But, […]

Good News: Biden’s Infrastructure Bill Gives Cryptocurrency To US Treasury

There’s going to be a lot of young Democratic party and Brandon voters who do a lot with crypto and will be very surprised Biden’s infrastructure bill hands crypto industry to US Treasury US President Joe Biden has signed a landmark $1.2 trillion infrastructure bill into law which includes tax reporting provisions that apply to […]

Use A Payment App? The IRS Will Now Require It To Disclose Transactions

Obviously, it’s more than young folks who use lots of these payment apps, but, they compromise the biggest chunk. Of 10.2 million users (2017 numbers, can’t find anything newer), 7.4 million are under 34. A lot of these younger folks are about to get a big lesson in government intrusion If you use Venmo, PayPal […]

Democrats Build Back Better Bill Features $600 Bank Transaction Figure

Remember a little over a week ago when Biden was backing down on the $600 threshold, push for $10,000? Not that it would really make any difference for most citizens, but, the $600 figure is in the Democrats House reconciliation bill House Build Back Better Bill Includes $600 IRS Reporting Provision The U.S. House of […]

Tiny Homes Won’t Save Us From Climate Doom, But Taxes Will Or Something

Tom Nelson likes to tweet a lot that “we can solve this with a tax.” The best type of sarcasm is that which is completely true Elon Musk’s tiny home won’t help save the world. Paying more taxes would Elon Musk has an enormous rocket and a tiny house. Last year the multibillionaire (who is the second-richest […]

States Learning Democrats “Infrastructure” Bill Seriously Restricts Ability To Build Roads

The people pushing to pass the bill want all the states to focus on building trains and getting people to ride the bus rather than fossil fueled vehicles. You know, those buses and trains Democrats won’t use themselves Democrats look to crush states’ highway habit House Democrats are trying to use a massive climate and […]

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