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
Category: Taxation
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
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
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
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
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
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
United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today pressed U.S. Secretary of Treasury Janet Yellen—for the third time in the last year—for an update on the promised investigation into the ProPublica leak of confidential taxpayer information that occurred over a year ago. Hagerty’s last two demands for transparency from Yellen and … Continue reading Biden Treasury Secretary refuses to testify in mass theft of taxpayer info
Facts continue to destroy the Washington Democrats’ narrative about the 2017 Tax Cuts & Jobs Act (TCJA). Under the Republican-passed TCJA, the tax burden on American families as well as American job creators has gone down while revenue to the federal government has continued to grow – and grow beyond that predicted by the Congressional … Continue reading Dem narrative implodes as new data reveal 2017 tax cuts send government revenue to new highs
The Institute for Justice’s (IJ) seven-year fight for IRS forfeiture records has finally ended after the IRS turned over significant amounts of data. The close of the case comes more than two years after the U.S. Court of Appeals for the D.C. Circuit ruled that the IRS cannot deliberately frustrate Freedom of Information Act (FOIA) requests by … Continue reading Seven-Year FOIA Battle Ends with IRS Handing Over Records
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