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The Department of Treasury’s internal watchdog will audit the Internal Revenue Service to ensure that its own agents are paying their taxes.
The Department of Treasury’s internal watchdog will audit the Internal Revenue Service to ensure that its own agents are paying their taxes.
 
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
 
Small businesses are concerned about profit margins amid inflationary pressures, as well as issues such as crime rates and stricter tax enforcement, according to a poll released by Job Creators Network.
Small businesses are concerned about profit margins amid inflationary pressures, as well as issues such as crime rates and stricter tax enforcement, according to a poll released by Job Creators Network.
 
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.
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.
 
According to the latest press release from the Governor’s press office, Governor Roy Cooper pledged $1.2 million in taxpayer dollars to a battery company for their expansion.
According to the latest press release from the Governor’s press office, Governor Roy Cooper pledged $1.2 million in taxpayer dollars to a battery company for their expansion.
 
Legislators waived taxes on business loans; working people deserve the same treatment
 
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
 
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:
 
The price of Ford’s Mustang Mach-E will see up to an $8,475 increase next week due to what the company says are “significant material cost increases” and “evolving market conditions.”
The price of Ford’s Mustang Mach-E will see up to an $8,475 increase next week due to what the company says are “significant material cost increases” and “evolving market conditions.”
 
Trip comes two days after Budd proposes major funding shifts in bill
 
President Joe Biden’s sweeping plan to forgive billions in student debt could come back to haunt the very students it was implemented to help — and soon.
President Joe Biden’s sweeping plan to forgive billions in student debt could come back to haunt the very students it was implemented to help — and soon.
 
Energy Secretary Jennifer Granholm suggested that families should buy an electric car or invest in weatherizing their homes to combat soaring inflation.
Energy Secretary Jennifer Granholm suggested that families should buy an electric car or invest in weatherizing their homes to combat soaring inflation.
 
Great news kemosabes, thanks to the Inflation Reduction Act, you can soon start saving hundreds via tax credits — you just have to start shelling out thousands of dollars on green energy appliances to reap the benefits.
Great news kemosabes, thanks to the Inflation Reduction Act, you can soon start saving hundreds via tax credits — you just have to start shelling out thousands of dollars on green energy appliances to reap the benefits.
 
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.
 
Japan’s National Tax Agency, a government division responsible for collecting taxes, is sponsoring a unique business strategy contest in hopes of enticing more young people to drink alcohol.
Japan’s National Tax Agency, a government division responsible for collecting taxes, is sponsoring a unique business strategy contest in hopes of enticing more young people to drink alcohol.
 
New York Representative Alexandria Ocasio-Cortez showed her solidarity with Biden's move to use poor taxpayers' money to pay off wealthier Americans' student loan debt, donning a "Tax The Poor" dress and posing for pictures.
New York Representative Alexandria Ocasio-Cortez showed her solidarity with Biden's move to use poor taxpayers' money to pay off wealthier Americans' student loan debt, donning a "Tax The Poor" dress and posing for pictures.
 
As President Joe Biden signs the largest climate package in American history, some leftists are bothered by policymakers’ hesitance to create a tax on meat.
As President Joe Biden signs the largest climate package in American history, some leftists are bothered by policymakers’ hesitance to create a tax on meat.
 
The Democratic state prosecutor who Florida GOP Governor Ron DeSantis suspended allegedly made several taxpayer-funder trips to attend events held by an activist group featuring some of the most famous radical Left district attorneys in the country, according to a report.
The Democratic state prosecutor who Florida GOP Governor Ron DeSantis suspended allegedly made several taxpayer-funder trips to attend events held by an activist group featuring some of the most famous radical Left district attorneys in the country, according to a report.
 
The Inflation Reduction Act, which President Joe Biden is poised to sign on Tuesday, will raise taxes on companies by a net $197 billion over the next decade.
The Inflation Reduction Act, which President Joe Biden is poised to sign on Tuesday, will raise taxes on companies by a net $197 billion over the next decade.
 
will cost governmen $300 billion and boost inflation
will cost governmen $300 billion and boost inflation
 
As the Democrats force Americans to go green, automakers are going even greener. Ford and General Motors unveiled price increases for their electric vehicle lineups as the Inflation Reduction Act — which includes electric vehicle tax credits — is slated to become law.
As the Democrats force Americans to go green, automakers are going even greener. Ford and General Motors unveiled price increases for their electric vehicle lineups as the Inflation Reduction Act — which includes electric vehicle tax credits — is slated to become law.
 
With a 4-3 party-line vote, Democrats on the N.C. Supreme Court agreed that two voter-approved state constitutional amendments could be thrown out. They have sent the case back to a trial judge to make that decision.
With a 4-3 party-line vote, Democrats on the N.C. Supreme Court agreed that two voter-approved state constitutional amendments could be thrown out. They have sent the case back to a trial judge to make that decision.
 
The U.S. House and Senate voted along party lines to pass the latest tax and spend bill, “The Inflation Reduction Act of 2022,” (IRA) sending it to President Biden’s desk. Yesterday, with Biden’s signature, the bill became law.
The U.S. House and Senate voted along party lines to pass the latest tax and spend bill, “The Inflation Reduction Act of 2022,” (IRA) sending it to President Biden’s desk. Yesterday, with Biden’s signature, the bill became law.
 
As tax reform heats up across the country, high-tax states should take notice
 
The “Inflation Reduction Act,” which passed the U.S. Senate on Sunday, is set to pass the U.S. House tomorrow, and the final version will not contain guarantees that those making under $400,000 per year will avoid any resulting new taxes.
The “Inflation Reduction Act,” which passed the U.S. Senate on Sunday, is set to pass the U.S. House tomorrow, and the final version will not contain guarantees that those making under $400,000 per year will avoid any resulting new taxes.
 
Entrepreneur Elon Musk slammed Democrats in a tweet on Monday over a proposal they are considering that would tax unrealized capital gains.
Entrepreneur Elon Musk slammed Democrats in a tweet on Monday over a proposal they are considering that would tax unrealized capital gains.
 
Most electric cars won’t qualify for the tax credits established by the tax and spending plan recently passed by Democrats in the Senate.
Most electric cars won’t qualify for the tax credits established by the tax and spending plan recently passed by Democrats in the Senate.
 
The United States Court of Appeals for the District of Columbia has ruled that Congress has the constitutional authority to request the tax returns of former President Donald J. Trump.
The United States Court of Appeals for the District of Columbia has ruled that Congress has the constitutional authority to request the tax returns of former President Donald J. Trump.
 
Democrats in the Senate voted along party lines on Sunday to pass the so-called “Inflation Reduction Act.”
 
A father and son business duo in Jacksonville, Florida, pleaded guilty to defrauding the Internal Revenue Service (IRS) of millions of dollars while knowingly hiring illegal aliens — some of whom had been previously deported.
A father and son business duo in Jacksonville, Florida, pleaded guilty to defrauding the Internal Revenue Service (IRS) of millions of dollars while knowingly hiring illegal aliens — some of whom had been previously deported.
 
President Joe Biden’s spending agenda climbed another hurdle and now appears to have enough votes to pass the Senate after Sen. Kyrsten Sinema (D-AZ) agreed to the package Thursday.
President Joe Biden’s spending agenda climbed another hurdle and now appears to have enough votes to pass the Senate after Sen. Kyrsten Sinema (D-AZ) agreed to the package Thursday.
 
The Inflation Reduction Act will lower costs for families, combat the climate crisis, reduce the deficit, and finally ask the largest corporations to pay their fair share.
The Inflation Reduction Act will lower costs for families, combat the climate crisis, reduce the deficit, and finally ask the largest corporations to pay their fair share.
 
Wall Street showered her with money just before she did her deal with Schumer
Wall Street showered her with money just before she did her deal with Schumer
 
Lower income taxes allow people to keep more of their hard-earned money and spend it on their needs
Lower income taxes allow people to keep more of their hard-earned money and spend it on their needs
 
If you haven't noticed, the current Federal government has managed to confine you in an almost escape proof box.

The Box

 
If you haven't noticed, the current Federal government has managed to confine you in an almost escape proof box.
 
misnamed "inflation reduction act" to raise middle class taxes
misnamed "inflation reduction act" to raise middle class taxes
 
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.
 
Sen. Pat Toomey (R-PA) on Sunday said that moderate Sen. Joe Manchin (D-WV) got “taken to the cleaners” by Senate Democrats by agreeing to their tax and spending package.
Sen. Pat Toomey (R-PA) on Sunday said that moderate Sen. Joe Manchin (D-WV) got “taken to the cleaners” by Senate Democrats by agreeing to their tax and spending package.
 
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