FIRST ON FOX: The Trump campaign unveiled a website Tuesday that tabulates how much voters in each state can expect to pay in taxes if the Trump tax cuts expire next year. “Kamala Harris voted against the Trump Tax Cuts and will let them expire if she’s elected,” the website, dubbed KamalaTaxIncrease.com, says. “Democrats in Washington don’t care about you …
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Two IRS agents who blew the whistle on the political interference into Hunter Biden’s tax crimesfiled a $20 million defamation lawsuitagainst an attorney for the president’s son late Friday, accusing him of behaving with “clear malice.” IRS investigatorsGary Shapley and Joe Ziegler accuse attorney Abbe Lowellof retaliating against them for their efforts in exposing the kid glove treatment Hunter Biden …
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Former President Trump promises to eliminate taxes on overtime pay as part of a series of proposed cuts he said would mean more disposable income for workers. “That gives people more of an incentive to work. It gives the companies a lot,” Trump told a crowd Thursday at a campaign rally in Tucson, Arizona. “The people who work overtime are …
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Californians fleeing the blue state over its high cost of living are showing no signs of slowing down, according to the latest report by a major moving and storage company. “The Golden State has a reputation for imposing high sales, income, and property taxes. The cost of living is approximately 50 percent higher in California than the national average, and …
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New York Gov. Kathy Hochul announced Wednesday that she would stop the planned June 30 roll out of a congestion pricing program, reportedly due to concerns about backlash at the voting booth. “My commitment to a greener, more sustainable future is unwavering,” Hochul said at a press conference Wednesday, announcing that she directed the Metropolitan Transportation Authority (MTA) to “indefinitely …
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No issue defines the diametrically opposite economic philosophies of President Joe Biden and former President Donald Trump than their position on the Trump tax cuts. Trump wants to make those tax cuts permanent; Biden has repeatedly promised to tax America back to prosperity by repealing the Tax Cuts and Jobs Act. But there are so many factual errors swirling around …
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If President Joe Biden wins, your taxes will go up. It doesn’t matter if you’re a millionaire or middle class: the president has promised to raise taxes on every American who pays them. This would be bad for families struggling with inflation, bad for the economy, and it would be a massive expansion of the government at the last time …
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Kansas Gov. Laura Kelly announced Wednesday that she will call a special legislative session on tax cuts beginning June 18. The move comes after the Democratic governor vetoed three Republican plans to cut taxes this year, setting up a high-stakes election-year tussle with the GOP-controlled Kansas Legislature. “I am committed to working with the Legislature to deliver responsible, sustainable tax …
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Earlier in May, two starkly different fiscal news items highlighted the divergent paths taken by North Carolina and California. While North Carolina celebrated news of projected revenue surpluses in 2024 and 2025, California is grappling with a $44.9 billion budget deficit. How did these two states end up in wildly different places? The contrast is emblematic of the philosophies governing …
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Amidst the escalating financial strain on Americans due to soaring prices and pervasive Bidenflation, consumer debt is scaling unprecedented heights. Recent statistics reveal a staggering surge in credit card debt, surpassing the formidable threshold of $1.1 trillion. Concurrently, auto loan delinquencies have surged to a 13-year pinnacle, while the perpetual specter of student loan debt looms large, hovering around $1.7 …
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