Senator Braun introduces balanced federal budget to fight inflation, unleash prosperity

Senator Mike Braun is introducing “The Braun Budget” – a balanced federal budget designed to throw the brakes on out-of-control government spending, fight inflation by bringing expenses and revenue into balance over 10 years, and unleash American prosperity by making the Trump tax cuts permanent. Under to Congressional Budget Act, if the Senate Budget Committee fails … Continue reading Senator Braun introduces balanced federal budget to fight inflation, unleash prosperity

As Biden’s Inflation Crisis Pushes America Toward Recession, Democrats Scheme on Higher Taxes & More Spending

House Budget Committee Republican Leader Jason Smith (MO-08) released the following statement after the Consumer Price Index showed inflation at a forty-year high of 9.1 percent and rising 13.8 percent since President Biden took office: “President Biden’s inflation crisis is sending America hurtling towards a recession after turning the American Dream into an unaffordable nightmare … Continue reading As Biden’s Inflation Crisis Pushes America Toward Recession, Democrats Scheme on Higher Taxes & More Spending

Senators Demand Biden Relax Trade Taxes On Fertilizer

Sen. Chuck Grassley (R-Iowa), a lifelong farmer and member of the Senate Agriculture Committee, joined Sen. Roger Marshall (R-Kan.) and nearly two dozen of his colleagues in urging President Biden and his administration to reverse policies that will drive fertilizer prices even higher. Many agricultural inputs have been impacted by 40-year high inflation, including fertilizer. … Continue reading Senators Demand Biden Relax Trade Taxes On Fertilizer

Another Study Confirms Democrat Proposals Hike Taxes on All Americans

A new pair of analyses by the nonpartisan Joint Committee on Taxation (JCT) shows that the Democrats’ latest tax-and-spend provisions under discussion will increase taxes on millions of Americans making less than $400,000 per year, and the average tax rate for every single income category would increase.  The JCT previously confirmed that the House-passed Build Back Better … Continue reading Another Study Confirms Democrat Proposals Hike Taxes on All Americans

As inflation rages, Americans paid an extra $129 billion to DC in trade war tax on consumer goods

New data released by Americans for Free Trade, a broad coalition united in the fight against tariffs, reveals the steep price United States businesses, consumers, workers, and manufacturers have paid as part of the ongoing trade war with China.  Americans have paid an estimated $129 billion in Section 301 tariffs between July 2018 and April 2022, … Continue reading As inflation rages, Americans paid an extra $129 billion to DC in trade war tax on consumer goods

Federal Court Orders Release of Testimony of Former Obama Era IRS Officials Lois Lerner and Holly Paz

Judicial Watch announced today that a federal court ordered the release of testimonyof Lois Lerner, former director of the Exempt Organizations Unit of the Internal Revenue Service (IRS), and Holly Paz, her top aide and former IRS director of Office of Rulings and Agreements. Both IRS officials played key roles in the targeting of conservative nonprofit groups … Continue reading Federal Court Orders Release of Testimony of Former Obama Era IRS Officials Lois Lerner and Holly Paz

Victory: Court Rules Freelance Writers Cannot Be Taxed Under Charlottesville’s Vague Business License Tax, Orders Refund

Today, the Virginia Supreme Court upheld a lower court’s decision that said the city of Charlottesville can’t apply its business license tax to freelance writers. As a result of today’s decision, freelance writer Corban Addison – represented by the Institute for Justice (IJ) – will receive a $2,461.23 refund in taxes he did not need to pay, … Continue reading Victory: Court Rules Freelance Writers Cannot Be Taxed Under Charlottesville’s Vague Business License Tax, Orders Refund

Nancy Mace, James Comer Seek Answers on IRS Reportedly Destroying Tax Documents for Over 30 Million Filers

Civil Rights and Civil Liberties Subcommittee Ranking Member Nancy Mace (R-S.C.) and House Committee on Oversight and Reform Ranking Member James Comer (R-Ky.) today sent a letter to Internal Revenue Service (IRS) Commissioner Charles Rettig raising concerns about the IRS destroying data for an estimated 30 million filers in March 2021.  The lawmakers request all … Continue reading Nancy Mace, James Comer Seek Answers on IRS Reportedly Destroying Tax Documents for Over 30 Million Filers

Faced with COVID backlog, IRS destroyed 30 million taxpayer documents

Senate Finance Committee Republicans, led by Ranking Member Mike Crapo (R-Idaho), wrote to Internal Revenue Service (IRS) Commissioner Chuck Rettig raising concerns and questions about the IRS’s destruction of an estimated 30 million paper-filed documents in March 2021 reportedly due to a backlog in processing paper documents.  A Treasury Inspector General for Tax Administration (TIGTA) … Continue reading Faced with COVID backlog, IRS destroyed 30 million taxpayer documents

Economists Agree – It’s Time for Biden to Lift Price-Hiking Tariff Taxes

As we approach the 2022 midterms, the Biden administration faces a range of economic obstacles that will be at the top of voters’ minds, and nothing has Americans more worried than the ongoing inflation contributing to increased prices for the everyday goods they need most. While President Biden seeks to address this inflation, calls are increasing for … Continue reading Economists Agree – It’s Time for Biden to Lift Price-Hiking Tariff Taxes