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Keyword: taxation

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  • Violent Protests Spread from Paris to Belgium and now, the Netherlands

    12/08/2018 8:06:57 PM PST · by SeekAndFind · 72 replies
    PJ Media ^ | 12/08/2018 | Rick Moran
    At least 700 people were arrested in Paris as 5,000 demonstrators faced off against 8,000 police in another violent demonstration by "yellow vest" protesters.Riots broke out all over France despite the supposed cause of the violence being eliminated earlier in the week by the government of President Emmanuel Macron. The government had been claiming that a fuel tax increase was to blame for the protests, but the government rescinded the increase on Wednesday.Donald Trump believes it was Macron's climate change policies: The Paris Agreement isn’t working out so well for Paris. Protests and riots all over France. People do...
  • VDOT asks local residents to 'hack' road construction

    08/24/2018 11:09:29 PM PDT · by Tolerance Sucks Rocks · 9 replies
    The Martinsville Bulletin ^ | August 13, 2018 | Brian Carlton
    MARTINSVILLE-How do you build Interstate 73? How would you expand U.S. 220 in either direction? The Virginia Department of Transportation is open for suggestions, for these or any other road projects in the commonwealth. To do that, the department is holding a series of “hack-a-thon” events throughout the commonwealth, setting up one in each region. For Martinsville and Henry County, the regional meeting will be this Friday and Saturday at CoLab Roanoke, 1327 Grandin Road SW. “Data and technology are changing how we do business,” saidVDOT Chief Deputy Commissioner Rob Cary in a statement. “These hackathons are opportunities for innovators...
  • Treasury, IRS reveal a postcard-size form to file your taxes

    06/29/2018 3:28:31 PM PDT · by Innovative · 44 replies
    CNBC ^ | June 29, 2018 | Liz Moyer
    The GOP's long-promised change is an offshoot of a tax overhaul last year that cut corporate rates and winnowed down the number of individual tax brackets. On Friday, the Treasury Department and IRS unveiled the new postcard, which will replace the current forms 1040, 1040A and 1040 EZ.
  • McCain’s Subcommittee Staff Director Urged IRS to Engage in “Financially Ruinous” Targeting

    06/21/2018 6:40:50 PM PDT · by ameribbean expat · 48 replies
    Washington, DC) – Judicial Watch today released newly obtained internal IRS documents, including material revealing that Sen. John McCain’s former staff director and chief counsel on the Senate Homeland Security Permanent Subcommittee, Henry Kerner, urged top IRS officials, including then-director of exempt organizations Lois Lerner, to “audit so many that it becomes financially ruinous.” Kerner was appointed by President Trump as Special Counsel for the United States Office of Special Counsel.
  • California governor announces unexpected $8 billion in tax revenue

    05/12/2018 12:43:32 PM PDT · by EagleUSA · 42 replies
    Los Angeles Times ^ | 5/12/2018 | John Meyers
    SACRAMENTO - Even in the wake of previous tax windfalls, Gov. Jerry Brown's announcement on Friday was breathtaking: The state has collected an unexpected $8 billion in tax revenue in recent months, even more additional cash than reported in January. The money is the latest installment in a fiscal winning streak of historic proportions in California. And, as in previous years, the governor's newly revised budget seeks to divvy it up either on short-term spending or long-term savings by putting it into government reserves.
  • Trump Wants A 'Phase Two' Of Tax Cuts

    03/13/2018 7:11:28 AM PDT · by Enlightened1 · 62 replies
    CNBC ^ | 03/12/18 | Jacob Pramuk
    President Trump again brings up a "phase two" of tax cuts. The GOP law passed in December permanently chops taxes for corporations and temporarily reduces the tax rate for most individuals. Trump wants a 'phase two' of tax cuts Trump wants a 'phase two' of tax cuts 18 Hours Ago | 00:44 President Donald Trump said again Monday he wants a "phase two" of tax cuts on top of the law Republicans passed in December. Speaking as the World Series champion Houston Astros visited the White House, Trump asked Rep. Kevin Brady, R-Texas, whether he planned to cut taxes further....
  • Trump Tariffs Cost 5 Jobs for Single Job Gained, Analysis Finds

    03/12/2018 10:25:15 AM PDT · by Tolerance Sucks Rocks · 113 replies
    The Daily Signal ^ | March 9, 2018 | Fred Lucas
    The Trump administrationÂ’s new tariffs on steel and aluminum from abroad could result in more than five jobs lost for every single job gained, according to an analysis from a group that advocates free trade.The job losses will be direct and indirect, as price hikes will hit American companies that buy international steel to make screws, wires, and machines, Laura M. Baughman, president of the Trade Partnership, said Friday during a Heritage Foundation event.The Trade Partnership anticipates a net loss of 146,000 U.S. jobs, Baughman said.On Thursday, President Donald Trump announced steel tariffs of 25 percent and aluminum tariffs of...
  • It's Time to Create New Republics

    03/01/2018 11:42:46 AM PST · by Brian Griffin · 4 replies
    03/01/2018 | Brian Griffin
    Article IV, Section 3 of our Constitution provides that "The Congress shall have the power to dispose of and make all needful rules and regulations respecting the territory or other property belonging to the United States." A Republican-run state might buy up a few square miles of unoccupied land and sell it and the state sovereignty over it to the federal government. The federal government might then sell it off to a state-authorized private party who promises to create a new republic on it with: 1. limits on taxation/governmental fees/fines/licensing, and 2. no foreign military force, and 3. no governmental...
  • L.A. County's homeless problem is worsening despite billions from tax measures

    02/19/2018 10:11:15 AM PST · by BenLurkin · 41 replies
    Los Angeles County's homeless population is increasing faster than the supply of new housing, even with the addition of thousands of beds in the last two years and millions of dollars beginning to flow in from two ballot measures targeting the crisis, according to a long-awaited report by the region's homelessness agency. The report showed that officials two years ago far underestimated how much new housing would be needed when they asked city and county voters to approve the tax measures. ... Peter Lynn, executive director of the homeless authority, said Friday that new cost figures had not been calculated,...
  • The Constitutional Amendment That Would Rein in Spending

    02/08/2018 5:37:54 PM PST · by Tolerance Sucks Rocks · 21 replies
    The Daily Signal ^ | February 7, 2018 | Walter E. Williams
    Some people have called for a balanced budget amendment to our Constitution as a means of reining in a big-spending Congress. That’s a misguided vision, for the simple reason that in any real economic sense, as opposed to an accounting sense, the federal budget is always balanced. The value of what we produced in 2017—our gross domestic product—totaled about $19 trillion. If the Congress spent $4 trillion of the $19 trillion that we produced, unless you believe in Santa Claus, you know that Congress must force us to spend $4 trillion less privately. Taxing us is one way that Congress...
  • Is California ready for a Proposition 13 overhaul?

    02/07/2018 9:04:31 AM PST · by EagleUSA · 34 replies
    San Jose Mercury ^ | 2/7/2018 | Katy Murphy
    A new ballot initiative that takes aim at how commercial properties are taxed under California’s Proposition 13 could raise $6 to $10 billion more each year for schools and and other programs and services, according to a new analysis by the Legislative Analyst’s Office. At the heart of the initiative, which is still being reviewed by the state attorney general’s office, is a property tax law enshrined in the state constitution since 1978. Proposition 13 caps taxes for all kinds of properties — residential and commercial — at 1 percent of a property’s purchase price, allowing for increases of no...
  • Seattle Soda Tax Not Doing Too Well

    01/31/2018 1:30:37 PM PST · by Tolerance Sucks Rocks · 60 replies
    The WasteWatcher (Citizens Against Government Waste) ^ | January 11, 2018 | Spencer Chretien
    While the rest of us were popping champagne to celebrate the arrival of 2018, Seattle greeted the New Year with a 1.75 cent per ounce tax on sweetened beverages. It was needed, former Mayor Ed Murray once said, for a host of noble reasons: to reduce sugar consumption; to raise revenue for important projects like a year of “free” community college for all graduating public high school students; and, to subsidize purchases of healthy foods by low-income families.Before he resigned in disgrace over multiple allegations of personal misconduct, Murray considered the soda tax one of his greatest accomplishments, a “cutting...
  • Governor Brown criticizes President Trump for climate change position as California burns

    01/26/2018 6:27:44 AM PST · by EagleUSA · 35 replies
    CBS News ^ | 1/26/2018 | Hidden Author
    California is reeling from its most destructive wildfire season ever, exacerbated Governor Jerry Brown says, by the effects of climate change. Brown says the fires show President Trump is making a mistake by ignoring the facts of global warming. Governor Brown speaks to Bill Whitaker for a report to be broadcast on 60 Minutes, Sunday, Dec. 10, at 7:00 p.m., ET/PT. Brown told Whitaker that President Trump is wrong to withdraw the U.S. from the Paris climate agreement and misguided for calling it a bad deal for America. "That's a preposterous idea, not even a shred of truth in that...
  • Illegal Immigrants Send $38 Billion Abroad Via Remittances—A “Hidden Tax”

    01/23/2018 1:09:48 PM PST · by Thalean · 26 replies
    National Economics Editorial ^ | Jan 23, 2017 | Spencer P Morrison
    Imagine the worst possible tax you can think of. What would it look like? If you’re like most people, you thought of some fat, curly-haired king sitting in a palace spending your money on foppish garments and a harem of French harlots. That’s a bad tax. No doubt about it. But at least he’s (presumably) your king, and he’s spending the money in your country. Eventually you will see that money again, no matter how frivolously he spends it. I can think of a worse tax: pretend the above situation’s exactly the same in every respect except now he’s not...
  • California Democrats Want Businesses To Give Half Their Federal Tax-Cut Savings To State

    01/20/2018 5:38:47 PM PST · by Thalean · 45 replies
    National Economics Editorial ^ | Jan 20, 2018 | Editorial Staff
    Despite what Hollywood celebrities and Democrat bigwigs claim, California’s in bad economic shape. Not only does California have the highest poverty rate in America—over 1 in 5 Californians live below the poverty line—but it’s home to nearly one quarter of America’s homeless people. There are so many poor people in California that it’s income inequality ratio is now larger than Mexico’s. How could so much poverty exist in a place with nearly unlimited natural wealth, and a rich cultural and business inheritance? California is the home of Hollywood, Apple, and Google after all. Two reasons: first, immigration—especially illegal immigration—has sucked...
  • I Want a "Wall" Around Our Money

    01/17/2018 9:56:45 AM PST · by Brian Griffin · 7 replies
    01/17/2018 | Brian Griffin
    This "Wall" would be in the form of a Constitutional amendment limiting Democratic depredations. Getting a proposed amendment to the states for ratification requires the same two-thirds of both the House of Representatives and Senate as does getting a bill past the veto pen of a President. President Trump might have to veto each DACA replacement bill until enough Democrats play ball. President Trump and his family members have a lot more to lose from 90% income and 90% estate taxation than we do. And the Democrats do need to play ball, since the upcoming 2020 census that must count...
  • Democrats in high-tax blue states look to gimmicks, loopholes to cut residents’ federal bill

    01/10/2018 10:37:15 PM PST · by Oshkalaboomboom · 20 replies
    Washington Times ^ | Jan 10, 2018 | David Sherfinski
    Democrats in high-tax blue states are already plotting ways to avoid the new tax law, hoping to seize on gimmicks that will allow their residents to cut their federal tax burden without costing the states themselves any money. The Democrats are trying to get around a new $10,000 cap on how much of their state and local taxes residents can write off on their federal forms. High-tax states fear their residents will quickly top the $10,000 limit, leaving them grumbling over their higher tax bills. New York Gov. Andrew Cuomo has suggested switching some of his state’s tax collections from...
  • California Looks For Ways Around Federal Tax Changes

    01/03/2018 5:10:51 PM PST · by Joe Dallas · 73 replies
    SACRAMENTO, Calif. (AP) — Democratic California lawmakers are exploring ways to blunt the impact of the new federal tax law on the state’s taxpayers. Federal law has long allowed people to deduct their state and local taxes from their federal tax bill, but the tax overhaul signed last month by President Donald Trump caps that deduction at $10,000.
  • Dear Democrats, Ownership Isn’t Theft

    12/31/2017 12:05:41 PM PST · by Tolerance Sucks Rocks · 24 replies
    National Review ^ | December 20, 2017 | David French
    I’m starting to think that all too many Democrats believe that private citizens and private corporations don’t actually own their private income or their private property. Otherwise, how can we explain the Democratic insistence, repeated endlessly over the last 24 hours, that Republicans somehow are poised to execute a grand “heist” by cutting corporate and individual tax rates, granting an estimated 80.4 percent of taxpayers an average tax break of $2,140. The rhetoric was remarkable, and the hysterics weren’t confined to fringe figures on the left. Here’s House Democratic leader Nancy Pelosi:
  • "Protesters Gone Wild": Woman Takes Off Top in House Gallery During Demonstration Against Tax Vote

    12/19/2017 12:18:41 PM PST · by Zakeet · 77 replies
    Gateway Pundit ^ | December 19, 2017 | Joshua Caplan
    Prior to the House passing the Republican's tax plan, a female protester crashed the House gallery and removed her top. [Snip] NBC News' Johnathan Allen added the woman was still wearing her bra.