Keyword: taxes
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Can a state collect income tax from nonresidents working remotely for in-state businesses? Massachusetts, New York and some other states claim they can, and now New Hampshire is asking the Supreme Court to protect its citizens from this tax grab. Tens of millions of Americans have been working from home during the pandemic, including an estimated 2.1 million who used to commute to the office across state lines. Enter Massachusetts, which in April adopted an emergency regulation declaring that nonresidents employed in the state before the pandemic must still pay its 5% income tax even if they are working remotely.
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A New York State judge has ordered a tax firm that worked for the Trump Organization to hand over documents to New York Attorney General Letitia James related to her ongoing investigation into the business - even though the company had tried to keep them 'privileged'. The Friday supplemental order from Manhattan Supreme Court Judge Arthur Engoron is one of the first to come since Trump's time as president officially came to a close, ending some of the legal protections he had. In the court order, Engoron said he reviewed the documents from the firm Morgan, Lewis & Bockius LLP...
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Last week, Pete Buttigieg began confirmation hearings for his appointment as Transportation secretary. During the question-and-answer session we discovered why President Asterisk favors Mayor Pete for this position. It seems he has a radical new idea for how to fund highway maintenance and development, which the new administration favors. Funding for our highway infrastructure is currently supported via a fuel tax -- 18.4 cents per gallon of gasoline and 24.4 cents per gallon of Diesel. Mayor Pete’s proposal is to move to a tax on miles driven, rather than fuel consumed. It seems that the administration is concerned that drivers...
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During her confirmation hearing on Capitol Hill this week, Biden Commerce Secretary nominee Gina Raimondo admitted Democrats will have to raise taxes on all Americans, including the middle and lower class, in order to pay for President Biden's "climate" agenda."Let me say this, I as governor am deeply in touch with how much increasing bills affect the average American family. Having said that, we do need to meet the climate change challenge and we need funds for improved infrastructure," Raimondo said. "I would look to balance those interests." Last week Transportation Secretary nominee Pete Buttigieg told Keystone XL Pipeline workers,...
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There has been a lot of news dropping today. But there’s one thing that’s incredibly important not to miss. Remember how Joe Biden insisted that he wouldn’t be raising taxes on the middle class? That ultimately his ‘plan’ was only going to hit the people making over $400,000, who needed to “pay their fair share” and you ordinary Americans weren’t going to be hit? You knew that was a lie, right? Anyone with any sense, anyone who has been watching Democrats for years should know that was a lie. It was only just a matter of time before they admit,...
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According to Joe Biden’s plan in order to register a firearm, you have to fill out a complicated 13-page application form and include a $200 gun tax for each firearm you own. Your fingerprints and a photograph of yourself will be required on the form. This will be a difficult program to enact for the Biden regime. In 2020 a record number of Americans bought guns. According to the National Shooting Sports Foundation 8.4 million people bought a gun for the first time in 2020.
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During the 2020 campaign, Joe Biden announced he will force gun owners of “assault weapons” to either sell their weapons to the government or register them under the National Firearms Act. According to Joe Biden’s plan in order to register a firearm, you have to fill out a complicated 13-page application form and include a $200 gun tax for each firearm you own. Advertisement - story continues below Your fingerprints and a photograph of yourself will be required on the form. This will be a difficult program to enact for the Biden regime. In 2020 a record number of Americans...
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The fools at the IRS have done it again. Make change where there is no need for change and adding to taxpayer burden. The IRS is using a new 1099 this year for Miscellaneous Income. We now have to use Form 1099-NEC for Non-employee Compensation. Copy A of the Form 1099-NEC from the IRS website is not scannable therefore, it cannot be filed as the IRS copy. You can order the forms by visiting www.IRS.gov.orderforms or they can be purchased in stores. You can look at the form and download it but it is plastered with all manner of warnings...
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>> Let’s talk about Biden’s agenda, particularly tax policy. It’s the intention for the Biden administration to roll back 2017 tax cuts and the president was a little prophetic about that, take a listen. >> I hope they don’t raise your taxes. But if they do, I told you so. >> He would want to repeal parts of the 2017 tax cuts that benefitted the highest-income Americans and large companies. >> On tax cuts, how could that affect the markets and then everyday Americans? >> Well, Alicia, I think there’s a misnomer that is a big DNC talking point that...
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MADISON, WI — Tax and spend Tony does it again — this time looking to tax the small businesses his administration has driven to the brink of extinction with lockdowns and other COVID-19 health edicts. Gov. Tony Evers’ Department of Revenue last week quietly issued guidance that ignores federal COVID-19 relief legislation language on tax liability and aims to tax tens of thousands of Wisconsin businesses that received funding through the Paycheck Protection Program (PPP). “Gov. Tony Evers and the DOR are looking to skim the federal money that came down to our small businesses so they can grow the...
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Incoming Transportation Secretary Pete Buttigieg has suggested taxing Americans for the number of miles they drive, a policy he endorsed as a Democratic presidential candidate. The Biden Administration is actively searching for ways to fund its ambitious $1 trillion infrastructure plan. Buttigieg, the former mayor of South Bend, Ind., acknowledged "privacy concerns" related to implementing a vehicle miles traveled (VMT) system but said it should be considered as a potential replacement for the gas tax.
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MADISON — Tax and spend Tony does it again — this time looking to tax the small businesses his administration has driven to the brink of extinction with lockdowns and other COVID-19 health edicts. Gov. Tony Evers’ Department of Revenue last week quietly issued guidance that ignores federal COVID-19 relief legislation language on tax liability and aims to tax tens of thousands of Wisconsin businesses that received funding through the Paycheck Protection Program (PPP). “Gov. Tony Evers and the DOR are looking to skim the federal money that came down to our small businesses so they can grow the coffers...
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When President Joe Biden announced former South Bend, Indiana Mayor Pete Buttigieg as his pick for Transportation Secretary, many scratched their heads. Why would he tap someone who oversaw a small budget, in a small town, in the midwest for such a roll? That puzzle is finally coming together. It turns out that Biden favors Buttigieg's transportation views, specifically the idea that America should move away from the gas tax and instead opt into a tax based on the number of miles a person travels. It would be a new way to provide cash for the Highway Trust Fund, which...
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Visit site for Getty image. We need to visit John Solomon's site for support! Former Mayor Pete Buttigieg Incoming Transportation Secretary Pete Buttigieg has suggested taxing Americans for the number of miles they drive, a policy he endorsed as a Democratic presidential candidate.The Biden Administration is actively searching for ways to fund its ambitious $1 trillion infrastructure plan. Buttigieg, the former mayor of South Bend, Ind., acknowledged "privacy concerns" related to implementing a vehicle miles traveled (VMT) system but said it should be considered as a potential replacement for the gas tax. During Buttigieg's confirmation hearing in the Senate Commerce,...
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Transportation Secretary nominee Pete Buttigieg suggested raising the federal gas tax in order to fund infrastructure initiatives during his confirmation hearing Thursday before the Senate Commerce, Science and Transportation Committee. Republican Florida Sen. Rick Scott asked the former South Bend mayor if he would favor a federal gas tax increase to pay for the Highway Trust Fund. The fund is mostly financed by revenue from federal gas taxes but has become less financially solvent in recent years, according to the nonpartisan Tax Policy Center. “Well, I think all options need to be on the table,” Buttigieg responded. “As you know,...
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New York Gov. Andrew Cuomo proposed raising taxes on the wealthy to a combined level of 14.7%, which would be the highest state-and-local tax rate in the nation. The tax increase would raise $1.5 billion for the state, Cuomo said Tuesday in an address unveiling his 2022 budget proposal. The move would be part of a three-pronged approach — raising revenue, cutting expenses and borrowing — to cover the state's historic budget shortfall due to Covid-19, Cuomo said. "New York cannot manage a $15 billion deficit," according to Cuomo, who said the state's largest prior deficit was $10 billion. "It's...
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WHAT HAPPENS NOW THAT THE DEMOCRATS HAVE SEIZED CONTROL OF THE FEDERAL GOVERNMENT ver. 4.0 With the steal of the Presidency and 2 Senate seats in Georgia complete, here is a condensed look at some of what we will face in the near future now that the socialists/communists/marxists/globalists/hate America crowd (leftist's) have seized full control of our federal government, and therefore control of our lives in the "United" States of America. And what happened at the Capital Building on 01.06.2021 (whether it was 10% or 50% antifa incited/perpetrated) will give them greater resolve to continue to strip away our freedoms...
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Former Senate Majority Leader Harry Reid heaped praise on Sen. Mitt Romney, R-Utah, in a recent podcast, raising questions about the former Senate Democratic leader's suggestion during the 2012 presidential campaign that the latter didn't pay his taxes. Reid told the Salt Lake Tribune that he and Romney had a "make up" meeting of sorts after Romney lost his presidential bid as the Republican party's nominee.
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Despite having a majority in both houses of Congress, Joe Biden’s plan to raise taxes on the rich will still have a rough go of it in the nation’s legislature.For some Democrats, no tax bill will go far enough in stripping the rich of their wealth. For others, it will go too far. And with a solid phalanx of Republicans adamantly opposed to any tax hikes — which they rightly point out would be suicidal in a pandemic with the economy tipping into recession — Biden’s path to success is narrow and strewn with rocks.The Hill:Biden’s campaign tax proposals included...
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SAN FRANCISCO - The Bay Area struck a hard bargain with its tech workers. Rent was astronomical. Taxes were high. Your neighbors didn’t like you. If you lived in San Francisco, you might have commuted an hour south to your job at Apple or Google or Facebook. Or if your office was in the city, maybe it was in a neighborhood with too much street crime, open drug use and $5 coffees. But it was worth it. Living in the epicenter of a boom that was changing the world was what mattered. The city gave its workers a choice of...
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