U.S. Senator Steve Daines, joined by several of his Senate colleagues, reintroduced the “Child Tax Credit for Pregnant Moms Act,” which allows pregnant moms to claim the Child Tax Credit for their unborn children. “Expecting parents begin providing and preparing for their child the minute they learn they’re having a baby—the Child Tax Credit should … Continue reading New bill allows pregnant moms to claim Child Tax Credit
Category: Taxation
The Marijuana Policy Project has released a new report on tax revenue generated from state-legal, adult-use cannabis since 2014 when sales began in Colorado and Washington state. As of December 2021, states reported a combined total of $10.4 billion in tax revenue from legal, adult-use cannabis sales, with more than $3 billion reported in 2021 … Continue reading States Surpass $10 Billion in Tax Revenue from Legal, Adult-Use Cannabis Sales
Wholesale prices increased at their quickest pace on record in November in the latest sign that the inflation pressures bedeviling the economy are still present. Americans for Limited Government President Richard Manning released the following statement in reaction to the producer price index for final demand increasing 9.6% over the previous 12 months after rising … Continue reading Congress must stop spending now to prevent runaway inflation
House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement today alongside the release of a fact sheet highlighting the consequences to the federal budget of one year of total Democrat control in Washington. “The American people have watched for the last year as Washington Democrats wasted their time and attention attempting to … Continue reading Smith Highlights Record Spending, Debt, and Taxes After One Year of Democrat Control
‘Tis the season to be jolly and for Democrats to be in disarray. While hardworking families and job creators are jolly that Joe Manchin effectively tanked Biden’s “Build Back Broke” agenda for now, Democrat Senate hopefuls are contributing to their party’s widespread disarray. In their races to the Left across the country, Democrat Senate candidates … Continue reading Unhinged Senate Democrat candidates have knives out for Manchin, all-in for “Build Back Broke”
This weekend, President Biden’s “Build Back Broke” agenda came to a screeching halt. The death knell for the current version of the bill came when Senator Joe Manchin (D-WV) said he wouldn’t support it, stating: “My Democratic colleagues in Washington are determined to dramatically reshape our society in a way that leaves our country even … Continue reading Schumer, Angry at BBB Fate, Sacrifices Vulnerable Dems
U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) and Finance Committee Republicans are asking the Internal Revenue Service (IRS) for information on a recent collaboration with the non-profit group Code for America (CFA), a partnership aimed at helping Americans file for child tax credits. In the letter, the members raise several concerns around … Continue reading Senators blow whistle on privacy threat from new IRS collaboration
U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks on the Senate floor regarding Democrats’ reckless tax and spending spree: “Two in three Americans want the federal government to ‘cut back on spending and printing money.’ “But our Democratic colleagues spent the last several months trying as hard as possible to do the … Continue reading Two in three Americans want the federal government to ‘cut back on spending and printing money’
U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, this week led a press conference with Republican members to highlight concerns with a proposal in the Democrats’ tax-and-spend legislation that would nearly double the budget of the Internal Revenue Service (IRS) with a massive $80 billion boost in funding. An increase in … Continue reading Democrats launch IRS audits for middle class to pay for socialist spending
U.S. Senator Mike Crapo (R-Idaho), the top Republican of the Senate Finance Committee, led a news conference with Republican Senators on Democrats’ plans to nearly double the budget of the Internal Revenue Service (IRS), which will lead to increased audits and investigations of every American taxpayer. Highlights from the news conference: Senator Mike Crapo (R-Idaho), on … Continue reading Democrat plan to turn IRS into internal spy agency means more audits, investigations and tax probes for average Americans
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