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Results found for "federal income"


Proponents of eliminating the federal income tax rejoiced today as Elon Musk cleverly disguised the Internal Revenue Service headquarters as a Tesla dealership so Democrats would burn it down.
Published: Tuesday, July 22nd, 2025 @ 8:41 pm By: Babylon Bee
Proponents of eliminating the federal income tax rejoiced today as Elon Musk cleverly disguised the Internal Revenue Service headquarters as a Tesla dealership so Democrats would burn it down.
 
The federal government drastically overestimates income inequality in the United States by failing to account for certain welfare programs and income taxes on the wealthiest earners, according to a study released on Tuesday by the Cato Institute.
Published: Monday, September 26th, 2022 @ 9:45 am By: Daily Wire
The federal government drastically overestimates income inequality in the United States by failing to account for certain welfare programs and income taxes on the wealthiest earners, according to a study released on Tuesday by the Cato Institute.
 
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
 
This month many families across North Carolina are receiving an installment of the advance Child Tax Credit federal payment, which provides them with up to half of their total credit and bolsters their income to meet immediate needs for children’s health and well-being.
This month many families across North Carolina are receiving an installment of the advance Child Tax Credit federal payment, which provides them with up to half of their total credit and bolsters their income to meet immediate needs for children’s health and well-being.
 
Today, the President released his 2020 federal income tax return, continuing an almost uninterrupted tradition.
Today, the President released his 2020 federal income tax return, continuing an almost uninterrupted tradition.
 
Zoom made over $600 million in profit and expects to pay $0 in Federal income taxes
Zoom made over $600 million in profit and expects to pay $0 in Federal income taxes
 
It's nearly impossible to discuss the cost, access, or quality of the U.S. health care system without circling back to Medicaid - the joint federal and state program that provides health coverage to those with low incomes
It's nearly impossible to discuss the cost, access, or quality of the U.S. health care system without circling back to Medicaid - the joint federal and state program that provides health coverage to those with low incomes
 
Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
Most reports about the recently passed federal tax plan have included a line about the near doubling of the standard personal income tax deduction
 
Despite the North Carolina legislature and other federal obstacles standing in the way, Gov. Roy Cooper is relentless in attempts to expand Medicaid, the state-federal program that provides health services at no cost to low-income children, parents, pregnant women, aged, blind, and disabled
Despite the North Carolina legislature and other federal obstacles standing in the way, Gov. Roy Cooper is relentless in attempts to expand Medicaid, the state-federal program that provides health services at no cost to low-income children, parents, pregnant women, aged, blind, and disabled
 
Since Governor Pat McCrory entered office in January 2013, North Carolina's economy added 300,000 new jobs, the state experienced one of the largest drops in unemployment in the country, $2.6 billion in debt for federal unemployment insurance was paid off, personal income and business taxes were cut
Since Governor Pat McCrory entered office in January 2013, North Carolina's economy added 300,000 new jobs, the state experienced one of the largest drops in unemployment in the country, $2.6 billion in debt for federal unemployment insurance was paid off, personal income and business taxes were cut
 
Perfecto Ruano and his wife Walda Luna, both of Wallace, were sentenced Tuesday in federal court to prison terms of 57 months and 81 months, respectively, for operating a fraudulent federal income-tax refund scheme using fake identities
Perfecto Ruano and his wife Walda Luna, both of Wallace, were sentenced Tuesday in federal court to prison terms of 57 months and 81 months, respectively, for operating a fraudulent federal income-tax refund scheme using fake identities
 
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
 
Roy Cooper is not doing his job as attorney general and hard-working North Carolinians are paying the price. By siding with Washington, D.C. and not fighting the federal government's crushing regulations, Roy Cooper is punishing everyone from teachers to nurses to seniors on fixed incomes by...
Roy Cooper is not doing his job as attorney general and hard-working North Carolinians are paying the price. By siding with Washington, D.C. and not fighting the federal government's crushing regulations, Roy Cooper is punishing everyone from teachers to nurses to seniors on fixed incomes by...
 
According to recent reports, the federal government administers 126 separate programs directed at low-income households. Many of these programs are administered in partnership with state governments, while state and local governments provide still more separate programs. Spending on these...
According to recent reports, the federal government administers 126 separate programs directed at low-income households. Many of these programs are administered in partnership with state governments, while state and local governments provide still more separate programs. Spending on these...
 
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
 
Two Honduran men living illegally in eastern North Carolina each will spend more than four years in federal prison for their roles in a scheme to collect millions of dollars in federal income tax refunds filed under fictitious identities, one of which was used to register to vote in Wake County.
Two Honduran men living illegally in eastern North Carolina each will spend more than four years in federal prison for their roles in a scheme to collect millions of dollars in federal income tax refunds filed under fictitious identities, one of which was used to register to vote in Wake County.
 
In February, a North Carolina tax preparer of Hispanic descent told Carolina Journal that several tax preparers in her community help their clients commit federal income tax fraud by claiming tax credits for children who either do not exist or do not live in the United States.
In February, a North Carolina tax preparer of Hispanic descent told Carolina Journal that several tax preparers in her community help their clients commit federal income tax fraud by claiming tax credits for children who either do not exist or do not live in the United States.
 
I've had my disagreements with Duke Energy, both historically and recently. But the company got a bum rap in a new story stumbling its way through media circles: that Duke Energy uses abusive tax loopholes to avoid paying its fair share of federal income taxes.
I've had my disagreements with Duke Energy, both historically and recently. But the company got a bum rap in a new story stumbling its way through media circles: that Duke Energy uses abusive tax loopholes to avoid paying its fair share of federal income taxes.
 
As couples celebrated the most recent Valentine's Day, it looked as if Obamacare's love for the young invincibles remained unrequited.
As couples celebrated the most recent Valentine's Day, it looked as if Obamacare's love for the young invincibles remained unrequited.
 
Although it may not seem obvious at first, there is a common denominator between two separate dramas playing out in Washington and Raleigh right now. Nationally, the top story in domestic policy is the impending implementation of the Affordable Care Act a.k.a. Obamacare.
Although it may not seem obvious at first, there is a common denominator between two separate dramas playing out in Washington and Raleigh right now. Nationally, the top story in domestic policy is the impending implementation of the Affordable Care Act a.k.a. Obamacare.
 
Clinton residents Angela Christina Lainez-Flores, 44, and her daughter Karen Mejia, 23, both citizens of Honduras, pleaded guilty as charged in a conspiracy to defraud the federal government through the filing of false income tax refunds.
Clinton residents Angela Christina Lainez-Flores, 44, and her daughter Karen Mejia, 23, both citizens of Honduras, pleaded guilty as charged in a conspiracy to defraud the federal government through the filing of false income tax refunds.
 
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
Published: Tuesday, July 9th, 2013 @ 10:29 pm By: Diane Rufino
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
 
When a woman named Veronica tried to cash a federal income tax refund check for $8,113 April 5 at a Sampson County check-cashing business, instead of a handful of cash she was greeted by members of the...
When a woman named Veronica tried to cash a federal income tax refund check for $8,113 April 5 at a Sampson County check-cashing business, instead of a handful of cash she was greeted by members of the...
 
Before passage of the Elementary and Secondary Education Act (ESEA) in 1965, the United States Congress generally adhered to the principle that the federal government had no authority to undertake functions and duties not enumerated in the U.S. Constitution.
Before passage of the Elementary and Secondary Education Act (ESEA) in 1965, the United States Congress generally adhered to the principle that the federal government had no authority to undertake functions and duties not enumerated in the U.S. Constitution.
 
Documents obtained by Carolina Journal show that a plan recently scrapped by the North Carolina Department of Commerce included a provision to pay Cary-based software developer SAS $1.5 million in federal funds meant to assist low- and moderate-income families.
Documents obtained by Carolina Journal show that a plan recently scrapped by the North Carolina Department of Commerce included a provision to pay Cary-based software developer SAS $1.5 million in federal funds meant to assist low- and moderate-income families.
 
From now until the end of the year (and probably longer than that) we are going to be hearing more than we ever wanted to about budgeting, continuing resolutions, appropriations, and most disconcerting of all, the political mathematics used in getting from one to the other.
From now until the end of the year (and probably longer than that) we are going to be hearing more than we ever wanted to about budgeting, continuing resolutions, appropriations, and most disconcerting of all, the political mathematics used in getting from one to the other.
 

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