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Keyword: taxation

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  • Biden Calls for Global Tax Hike So US Businesses Can't Escape Corporate Tax Rate

    04/06/2021 8:16:25 AM PDT · by McQ444 · 27 replies
    NN ^ | 04-06-21 | Daniel Newton
    Biden Treasury Secretary Janet Yellen is about to call for a minimum corporate tax rate which, in effect, would prevent American companies from relocating offshore to escape the forthcoming tax hikes, according to reports. Axios reported that "by trying to convince other countries to impose a global minimum tax, Yellen is acknowledging the risks to the American economy if it acts alone in raising corporate rates."
  • New Yorkers May Have to Pay Package Delivery Surcharge to Help Fund MTA

    12/08/2020 1:44:14 PM PST · by Rummyfan · 47 replies
    NBC New York ^ | 8 Dec 2020 | Anonymous
    With the Metropolitan Transportation Authority facing a budget crisis, New Yorkers may have to dig into their pockets to help out. Under a new proposed bill, New York City residents would be required to pay a $3 surcharge on packages they ordered online, with the exception for medicine and food. Assemblyman Robert Carroll, who proposed the bill, says the online shopping fee would raise more than $1 billion a year "to fund the operating costs of buses and subways in the city of New York."
  • Bush blocks U.N. tax plan: Henry Lamb praises president for skillful handling of global power grab

    03/25/2002 2:04:25 AM PST · by JohnHuang2 · 136 replies · 242+ views
    WorldNetDaily.com ^ | Monday, March 25, 2002 | Henry Lamb
    With far more political acuity than critics expected, President George Bush disarmed world government proponents while promising more aid to developing nations. The U.N.'s High Level Panel on Financing Development concluded its four-day conference in Monterrey, Mexico, without explicit authorization for U.N. taxes on currency exchange, fossil fuels and a host of other tax targets. The conference, publicized as a poverty-reducing initiative, was, in fact, another effort by the U.N. to gain taxing authority. Ernesto Zedillo, head of the U.N. panel, issued a report on June 28, calling for the new taxing authority. U.S. delegates to the conference made it...
  • What are Pritzker and Democrats really telling Illinois taxpayers?

    10/30/2020 7:05:40 AM PDT · by PBRCat · 9 replies
    The Chicago Tribune ^ | October 30, 2020 | John Kass
    Illinois is still the “shut up and take it” state. You might want to ask what are the lockdown Democrats who control Illinois, Cook County, Chicago and many suburbs really telling us? They endorse the catch-and-release prosecutor of Cook County, who fancies herself a social justice warrior while allowing violent offenders out on the streets. They make their coronavirus shutdown decrees, craft their tax-and-spend-and-never-cut budgets. They push their “fair tax” and that cheap 6 mph over the limit traffic camera Chicago speed trap to grab your cash. Pritzker keeps pushing his progressive “fair tax,” which he his fellow Democrats sell...
  • Pitchfork-wielding protesters descend on wealthy Hamptons estates

    07/01/2020 7:00:26 PM PDT · by conservative98 · 92 replies
    NY Post Page Six ^ | July 1, 2020 | 7:18pm | Tamar Lapin
    A caravan of protesters — some wielding plastic pitchforks — descended on the Hamptons Wednesday to blast the rich and decry the nation’s rising income inequality. More than 100 drivers and about 200 marchers paid a visit to the homes of some of the world’s wealthiest people, including ex-New York City Mayor Mike Bloomberg. “Tax the rich, not the poor!” the protesters chanted outside Bloomberg’s $20 million Southhampton mansion, with some calling the failed presidential candidate a “looter.”
  • Andrew Cuomo Gives People Another Reason to Hate New York: He'll Tax Coronavirus Volunteers

    05/06/2020 7:42:18 AM PDT · by SeekAndFind · 100 replies
    PJ Media ^ | 05/06/2020 | Bryan Preston
    If you’re a healthcare worker who went to New York to volunteer to help fight the coronavirus outbreak there, Gov. Andrew Cuomo says you owe New York state income taxes. Even if you were not working for any pay in New York, but you were still being paid in your home state. Pay that enabled you to volunteer and put your own health in danger to help New York. That’s classic taxation without representation. Americans have a history of not liking this. Health care workers that came to New York to help fight the coronavirus pandemic at its epicenter will...
  • Murphy proposes big hike in N.J. gun fees as some push to relax firearms laws

    03/02/2020 12:06:20 PM PST · by shoptalk · 28 replies
    NJ Advance Media for NJ.com ^ | March 1, 2020 | Blake Nelson
    For the third year in a row, NJ Gov. Phil Murphy has proposed big increases to more than a dozen gun fees in New Jersey. Murphy’s push for higher fees in his proposed state budget follows a series of bills he’s signed adding new restrictions to gun laws that were already some of the toughest in the nation. Murphy is asking lawmakers to raise the cost of a $2 gun application to $50, and a firearm ID card from $5 to $100, according to the state’s treasury department. The Democratic governor also proposed a 2.5% tax on firearms and a...
  • My Proposal for Employee Housing Cost-Based Federal Corporate Tax Rates

    12/10/2019 12:25:45 PM PST · by Brian Griffin · 26 replies
    12/10/2019 | Brian Griffin
    Right now the federal corporate tax is the same whether a corporation operates in high housing cost Silicon Valley or low housing cost Albany, Georgia. I would set the federal corporate rate tax to an employee housing cost calculation divided by an inflation indexing divisor, rounded up to the nearest 1%. To keep corporations from dashing out of Silicon Valley and New York City, the rate would be bounded to within 1% of the standard federal corporate rate tax in 2021 and the bounds would be expanded by 1% in each of the following four years. In five years the...
  • The Ends Justify the Ways and Means?

    09/20/2019 2:45:17 PM PDT · by Tolerance Sucks Rocks · 3 replies
    Family Research Council Action ^ | September 20, 2019 | Tony Perkins and FRC Action Senior Writers
    Eight months into their control of the House, Speaker Nancy Pelosi (D-Calif.) hasn't missed many opportunities to draw a stark contrast between the two parties' policies. From defending infanticide and trying to gut the Religious Freedom Restoration Act to the job-killing New Green Deal, hardly a day passes that the Left's radicalism isn't on display. But yesterday, liberals took their extremism to new heights -- demanding a tax on Bible-believing Americans. Thursday's hearing in the House Ways and Means Committee wasn't the first time liberals have tried to use the IRS to do their dirty work -- but it might...
  • New California Gas Tax Goes Into Effect July 1

    06/29/2019 3:41:04 PM PDT · by EagleUSA · 35 replies
    New York Times ^ | 6/29/2019 | Associated Press
    SACRAMENTO, Calif. — California's nation-leading gas prices are set to climb even higher Monday, when the state gas tax increases another 5.6 cents a gallon. It's the latest increase from a 2017 law designed to raise about $5 billion a year for road and mass transit programs. A 12 cent-per-gallon boost came that November, and voters last year rejected a Republican-led effort to repeal the law. But Southern California voters did recall one Democratic lawmaker who helped pass the measure. California motorists were paying an average $3.75 per gallon as of late June, far above the national average of $2.71...
  • My Revised Proposal for Constitutional Amendments to Protect Middle and Working Class People

    04/19/2019 11:45:17 AM PDT · by Brian Griffin · 29 replies
    Brian Griffin | 04/19/2019 | Brian Griffin
    REAL PROPERTY PROTECTION AMENDMENT Governmental financial impositions of any year with respect to any residential property without water frontage shall not exceed 1/40,000 the average annual federal civilian salary as of the end of the penultimate calendar year times the sum of their square footage of finished living space and linear footage of public road frontage. EMPLOYMENT/INCOME PROTECTION AMENDMENT Federal/state employer/income taxation may be levied at no more than 24/20ths of the rates of January 1, 2019 on any person/entity having an annual income of less than the average annual federal civilian salary as of the end of the penultimate...
  • My Initial Proposal for Constitutional Amendments to Protect Middle and Working Class People

    04/18/2019 11:59:45 AM PDT · by Brian Griffin · 29 replies
    Brian Griffin | 04/18/2019 | Brian Griffin
    REAL PROPERTY PROTECTION AMENDMENT Governmental financial impositions of any year with respect to any housing unit and its curtilage without water frontage shall not exceed the value of 1/500th of an ounce of gold per square foot of finished living space and linear foot of public road frontage. EMPLOYMENT/INCOME PROTECTION AMENDMENT Federal/state employer/income taxation may be levied at no more than 24/20ths of the rates of January 1, 2019 on persons/entities having an annual income of less than the value of fifty ounces of gold. Federal/state employer/income taxation rates/rate thresholds may be changed by no more than 1/20th in any...
  • Ignorant, Irresponsible or Insane? A Federal Tax On Wealth!

    03/01/2019 10:04:04 AM PST · by Ohioan · 56 replies
    Truth Based Logic ^ | March 1, 2019 | William Flax
    We do not claim that all questions of American Constitutional Law are easily settled; that there is always an easy answer to what the Constitution allows; or to what it requires, or what it forbids. But there are obvious answers on some points. There are clearly defined functions mandated; others, clearly forbidden; as well as an overriding functional purpose. Yet nothing could be clearer than the fact that a Federal tax on wealth is totally contrary to both the letter & spirit of the Constitution of the United States.
  • Commissioners: No to proposed regional bridge district

    02/20/2019 8:12:20 PM PST · by Tolerance Sucks Rocks · 4 replies
    The Albany Democrat-Herald ^ | February 20, 2019 | Alex Paul
    Linn County Commissioners Roger Nyquist, John Lindsey and Will Tucker were unanimous Tuesday morning in their opposition to a proposal by Rep. Paul Evans, D-Monmouth, to create a multi-county taxing district supporting construction of a bridge over the Willamette River in Salem. Evans introduced House Bill 2974 on Friday. It would create a Capital Region Special Bridge District and would exact taxes from residents from Polk, Marion, Linn and Yamhill and possibly Benton counties. The proposal is aimed at spreading the cost of bridges regionally since residents of several counties work in Salem. Nyquist was traveling and participated by telephone....
  • Elizabeth Warren is not proposing a tax; she's proposing (unconstitutional) asset forfeiture

    01/27/2019 4:49:39 AM PST · by Zakeet · 62 replies
    National Review ^ | January 25, 2019 | Kevin D. Williamson
    Senator Warren apparently has found her guiding spirit and has announced along with her presidential campaign a campaign of economic terror based on force, not law. Specifically, she has proposed to begin seizing a portion of the assets of some wealthy Americans, a course of action that the federal government has no constitutional power to undertake. The seizure of assets is a fundamentally different thing from the taxation of income, which itself took a constitutional amendment to implement. What Warren is proposing is essentially a federal version of the hated asset-forfeiture programs that have been so much abused by law-enforcement...
  • ...Yellow Vest demonstrations rage into FIFTH week

    12/15/2018 7:50:51 AM PST · by BenLurkin · 48 replies
    Daily Mail UK ^ | , 15 December 2018 | Connor Boyd and Peter Allen In Paris for MailOnline
    Full Title: The battle for Paris: Violence erupts in French capital as police clash with rioters leading to 60 arrests - as Yellow Vest demonstrations rage into FIFTH week They have been protesting since November 17 and, despite a range of concessions by President Emmanuel Macron including scrapping green taxes of diesel and petrol, continue to call for him to step down. 'Macron Resign', a crowd of around 1,500 chanted today in the streets around the 19th Century Opera Garnier, which is normally a huge draw for tourists. Around 8,000 police officers have been deployed ahead of a fifth consecutive...
  • 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.