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Combined net worth of nation's most prominent billionaires wouldn't cover a single year's interest payment, analysis shows
Combined net worth of nation's most prominent billionaires wouldn't cover a single year's interest payment, analysis shows
 
President Joe Biden’s son, Hunter Biden, was hit with numerous felony charges on Thursday night stemming from a federal investigation into his taxes.
President Joe Biden’s son, Hunter Biden, was hit with numerous felony charges on Thursday night stemming from a federal investigation into his taxes.
 
Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
 
The Inflation Reduction Act is poised to reduce after-tax incomes for Americans across every income bracket, according to a report released last week by the Tax Foundation.
The Inflation Reduction Act is poised to reduce after-tax incomes for Americans across every income bracket, according to a report released last week by the Tax Foundation.
 
Far-left Sen. Bernie Sanders (I-VT) defended the Biden administration’s decision to cancel thousands of dollars in federal student loan debt.
Far-left Sen. Bernie Sanders (I-VT) defended the Biden administration’s decision to cancel thousands of dollars in federal student loan debt.
 
President Joe Biden claimed over the weekend that the so-called Inflation Reduction Act of 2022 would not raise taxes on those making less than $400,000 per year, but a non-partisan organization that crunched the numbers says it will.
President Joe Biden claimed over the weekend that the so-called Inflation Reduction Act of 2022 would not raise taxes on those making less than $400,000 per year, but a non-partisan organization that crunched the numbers says it will.
 
THE PRESIDENT: Well, good afternoon. Today, we received another outstanding jobs report: 528,000 jobs were added just last month to this country’s employment. 528,000 jobs.
THE PRESIDENT: Well, good afternoon. Today, we received another outstanding jobs report: 528,000 jobs were added just last month to this country’s employment. 528,000 jobs.
 
THE PRESIDENT: Good afternoon, folks. I’m here with leaders from some of the — America’s largest companies and labor organizations: Kaiser Permanente, General Motors, Cummins, Carrier, Ameren, you know, the United Auto Workers, the AFL-CIO.
THE PRESIDENT: Good afternoon, folks. I’m here with leaders from some of the — America’s largest companies and labor organizations: Kaiser Permanente, General Motors, Cummins, Carrier, Ameren, you know, the United Auto Workers, the AFL-CIO.
 
Local man Bob Bean, who pays 39% of his income to the Federal Government, celebrated his status as a free man living in America this weekend.
Local man Bob Bean, who pays 39% of his income to the Federal Government, celebrated his status as a free man living in America this weekend.
 
A federal judge has denied Baltimore State’s Attorney Marilyn Mosby’s request to have the charges against her dismissed and further rejected her claims to be targeted because of her race.
A federal judge has denied Baltimore State’s Attorney Marilyn Mosby’s request to have the charges against her dismissed and further rejected her claims to be targeted because of her race.
 
In conversations about record inflation, most people harken back to the Jimmy Carter era where annual price inflation growth surpassed 10%.
In conversations about record inflation, most people harken back to the Jimmy Carter era where annual price inflation growth surpassed 10%.
 
We’ve heard the characterization plenty of times over the years: Republicans are the party of the rich and Democrats are the party of the working class.
We’ve heard the characterization plenty of times over the years: Republicans are the party of the rich and Democrats are the party of the working class.
 
Congress has begun its year-end sprint, and the debate over rising taxes is as hot as ever.
Congress has begun its year-end sprint, and the debate over rising taxes is as hot as ever.
 
Pity progressives. In 2018, a progressive wave swept into Congress led by the so-called Squad. They have never known what it is like to be in the minority. They are surrounded by a young, left-leaning press and celebrity bubble that tells them they are not only right, but in the majority.
Pity progressives. In 2018, a progressive wave swept into Congress led by the so-called Squad. They have never known what it is like to be in the minority. They are surrounded by a young, left-leaning press and celebrity bubble that tells them they are not only right, but in the majority.
 
I think of the government as a machine.
 
This week, U.S. Senator Thom Tillis (R-NC) and a group of Senators introduced the bipartisan, bicameral Disaster Mitigation and Tax Parity Act, a bill that would make rebates that homeowners receive for making natural disaster mitigation improvements to their homes exempt from federal taxes.
This week, U.S. Senator Thom Tillis (R-NC) and a group of Senators introduced the bipartisan, bicameral Disaster Mitigation and Tax Parity Act, a bill that would make rebates that homeowners receive for making natural disaster mitigation improvements to their homes exempt from federal taxes.
 
Editors at National Review Online explain why Democrats in Congress should drop one of their bad ideas.
Editors at National Review Online explain why Democrats in Congress should drop one of their bad ideas.
 
While the American Rescue Plan is changing the course of the pandemic and delivering relief for working families, this is no time to build back to the way things were.
While the American Rescue Plan is changing the course of the pandemic and delivering relief for working families, this is no time to build back to the way things were.
 
Expect many of this year's debates to omit important questions about the impact of new taxes.
Expect many of this year's debates to omit important questions about the impact of new taxes.
 
The Republican version of Medicaid expansion will move to the House floor.
 
As many as 626,000 North Carolinians with incomes below 133% of the poverty level might qualify for Medicaid.
As many as 626,000 North Carolinians with incomes below 133% of the poverty level might qualify for Medicaid.
 
Last week, Gov. Roy Cooper and Senate President Pro Tem Phil Berger laid out contrasting visions for North Carolina state government
Last week, Gov. Roy Cooper and Senate President Pro Tem Phil Berger laid out contrasting visions for North Carolina state government
 
Gov. Roy Cooper proposed a $25.2 billion General Fund budget for 2019-20 that would increase spending by more than $1.3 billion over the current fiscal year
Gov. Roy Cooper proposed a $25.2 billion General Fund budget for 2019-20 that would increase spending by more than $1.3 billion over the current fiscal year
 
Government programs such as welfare and other social means-tested programs characterize very well the government's general policy towards poverty: Make individuals "comfortable" in their poverty rather than incentivize them to become self-sufficient.
Government programs such as welfare and other social means-tested programs characterize very well the government's general policy towards poverty: Make individuals "comfortable" in their poverty rather than incentivize them to become self-sufficient.
 
Wealthy North Carolinians pay a higher share of their incomes in taxes than do middle-income North Carolinians, who in turn have a higher effective tax rate than the poor
Wealthy North Carolinians pay a higher share of their incomes in taxes than do middle-income North Carolinians, who in turn have a higher effective tax rate than the poor
 
A Dare County real estate developer with a history of financial troubles has made little progress in selling 900 vacant lots in the Pine Mountain development in Burke County
A Dare County real estate developer with a history of financial troubles has made little progress in selling 900 vacant lots in the Pine Mountain development in Burke County
 
The fate of the Republican tax bill is tenuous at best, but suspended deep among its many provisions are measures benefiting brewers, vintners, and distillers
The fate of the Republican tax bill is tenuous at best, but suspended deep among its many provisions are measures benefiting brewers, vintners, and distillers
 
This afternoon, the U.S. House of Representatives debated H.R. 1 - legislation that would make sweeping changes to America's tax laws
This afternoon, the U.S. House of Representatives debated H.R. 1 - legislation that would make sweeping changes to America's tax laws
 
Should you ever be taxed on "income" that is not, in any meaningful sense, yours
 
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