Free Republic

Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under the new law, dubbed the Social Security Fairness Act, lawmakers agreed to repeal two tax rules that reduced benefits for many Americans who also receive government pensions, including police officers, teachers and firefighters. Former President Biden, who signed off on the legislation, said at the time that more than 2 million Americans were slated to “receive a lump sum payment of thousands of dollars to make...

Senate Majority Leader Harry Reid (D-NV) has an internet sales tax bill on a fast track. That’s right, these Socialists never sleep. They are out to squeeze every penny from the American people that they can. The Marketplace Fairness Act (Ironically, this is anything but fairness) may receive a vote on the Senate floor this week and since it’s after your money it has Barack Obama’s full support. The MFA calls upon states to join the existing Streamlined Sales and Use Tax Agreement or follow what are essentially five rules: Notify retailers in advance of any rate changes within the...

U.S. states could collect millions of dollars in online sales taxes, with members of both parties in Congress sponsoring legislation Thursday that would resolve states' decades-long struggle to tax businesses beyond their borders. "Small businesses and states alike are suffering from the inability to collect due — not new — taxes from purchases made online," said Rep. Steve Womack, R-Ark., adding the legislation is a "bipartisan, bicameral, common-sense solution that promotes states' rights and levels the playing field for our Main Street businesses." Legislation on the Amazon tax, named for the colossal Internet retailer, has languished for years. ..... <...