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Keyword: taxloophole

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  • His Returns Show Joe Biden Has Dodged Half A Million In Taxes While Urging Tax Increases

    05/19/2021 5:20:51 AM PDT · by Kaslin · 16 replies
    The Federalist ^ | May 19, 2021 | Christopher Jacobs
    Biden went out of his way to avoid paying Obamacare taxes, using a loophole that tax experts said he put in place solely to reduce his tax bill.On Monday, the delayed due date for filing federal taxes for the last calendar year, the White House made a theatrical show of releasing President Biden’s 2020 tax returns. In so doing, the new administration wanted to show a contrast with Biden’s predecessor, Donald Trump, who did not release his tax returns.But while the White House emphasized the release of Biden’s returns, it does not want reporters to scrutinize the content of those...
  • ITIN: The Massive Tax Loophole Allowing Illegal Aliens to Defraud American Citizens

    02/27/2017 12:00:24 PM PST · by Sean_Anthony · 28 replies
    Canada Free Press ^ | 02/27/17 | Megan Barth & ExHuntress
    One year in Atlanta, GA, in excess of $46 million in ITIN refunds were sent to a single address by the IRS for 24,000 illegal aliens who reportedly listed that same address on their tax returns In 1996, the IRS began issuing a new type of tax identification number, the Individual Tax Identification Number (ITIN). ITINs are assigned to U.S. taxpayers, predominately illegal aliens and their dependents, who are not eligible to obtain a Social Security number. The primary purpose of ITIN’s was to capture the previously untapped source of new federal tax revenue from undocumented workers.
  • Krauthammer: You can't have it your way, Obama

    08/31/2014 11:39:22 AM PDT · by upchuck · 41 replies
    Amarillo.com ^ | Aug 29, 2014 | Charles Krauthammer
    <p>The Obama administration is highly exercised about “inversion,” the practice by which an American corporation acquires a foreign company and moves its headquarters out of the U.S. to benefit from lower tax rates abroad.</p> <p>Not fair, says President Barack Obama. It’s taking advantage of an “unpatriotic tax loophole” that hardworking American families have to make up for by the sweat of their brow. His treasury secretary calls such behavior a violation of “economic patriotism.”</p>
  • Investigating the IRS: Why it gives billions to illegal immigrants (Tax loophole cost billions)

    05/07/2012 2:02:08 PM PDT · by DogByte6RER · 11 replies
    wthr.com ^ | April 26, 2012 | wthr.com
    Investigating the IRS: Why it gives billions to illegal immigrants INDIANAPOLIS - Why are many illegal immigrants getting a bigger tax refund than you? Blame it on the IRS and a massive tax loophole that's now being exposed by Eyewitness News. 13 Investigates has found the IRS is giving away your tax dollars to illegal workers and people who don't even live in the United States - and the problem is costing billions! We want you to see exactly where your money is going and why the IRS is allowing it to happen. From the homes of illegal workers in...
  • NBC: Tax loophole costs billions

    05/03/2012 11:12:51 AM PDT · by Beave Meister · 34 replies
    NBC ^ | 4/26/2012 | Bob Segall
    Millions of illegal immigrants are getting a bigger tax refund than you. Eyewitness News shows a massive tax loophole that provides billions of dollars in tax credits to undocumented workers and, in many cases, people who have never stepped foot in the United States. And you are paying for it! Note: This is part one in a two-part series. Read part two here. INDIANAPOLIS - Inside his central Indiana office, a longtime tax consultant sits at his desk, shaking his head in disbelief. "There is not a doubt in my mind there's huge fraud taking place here," he said, slowly...
  • Beltran has Some Taxing Decisions

    01/05/2005 3:28:25 PM PST · by Ethrane · 5 replies · 373+ views
    ESPN.com ^ | Jan 5, 2005 | Darren Rovell
    If Beltran is looking to save a couple hundred thousand dollars, he also might want to sign before Jan. 12 and load up his contract in signing bonus money. That's because a 46-year-old loophole on signing bonuses will be closing next Wednesday. For the rest of the American public, signing bonuses count as wages earned, with both the employer and employee having to pay taxes under FICA (the Federal Insurance Contribution Act). But in 1958, baseball players -- the exclusion for other athletes later became understood -- were exempt from FICA taxes on their signing bonuses because it was determined...
  • Teresa Heinz Kerry: You pay taxes, I don't

    08/22/2004 4:41:19 AM PDT · by visagoth · 20 replies · 3,718+ views
    Brookes ^ | June 2004 | Gerard Jackson
    Theresa Heinz Kerry: You pay taxes, I don't Gerard JacksonBrookesNews.Com Theresa Heinz Kerry likes taxes so much she thinks the little people should pay even more. She doesn't put it like that, of course. But what is one to think when the "sexy" Theresa Heinz Kerry supports increased taxes for others while drastically slashing her own taxes. Several months ago I was discussing Theresa Heinz Kerry and her fortune with a friend who had personal experience in that particular field. He reckoned that her assets were yielding an annual average return of at least 8 per cent. Well bless...
  • THE VOTES OF A WOMAN SCORNED:

    09/30/2003 4:20:33 AM PDT · by Mia T · 19 replies · 315+ views
    FoxNews | 9.30.03 | Mia T
    Ariana may drop out and throw her support to Cruz.
  • Tax Loop Holes allows Terrorists Free American Tax Money

    10/20/2002 1:49:24 PM PDT · by America Best Interest · 8 replies · 206+ views
    10/20/02 | An American
    The IRS has a huge loop hole. They allow any Non residents with money to come in US doing business without paying taxes to US, if they are paying taxes in their country. Now look around, all convenient stores in your town, who owns them? The Muslims.... they do not care if they are making money or not, they do not pay taxes. And where do the money go? it goes to Saudi, Syria, Iran, India, Indonesia etc..... to support the terrorists who ploys to kill Americans and its economy and its freedom. Who are paying taxes to support the...