Tag Archives: taxes

Nebraska lawmakers debate 1 cent sales tax hike

Nebraska lawmakers are debating a bill that would raise the state’s sales tax by 1 cent to 6.5% on every taxable dollar spent — which would make it among the highest in the country. Lawmakers expected to take a vote later Tuesday on whether to advance the bill to a second of three rounds of debate in Nebraska’s unique one-chamber …

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Kansas lawmakers race to reckon with flat tax, DEI disputes before spring break

The Kansas Legislature is scrambling to address tax cuts, funding for disability services and immigration issues ahead of its annual three-week spring break starting next week. Most bills that don’t pass by then won’t be considered when lawmakers return April 29 for a short wrap-up session. Republicans disagree over how to cut income taxes, as well as pay for other …

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Chicago mayor’s own neighbors send a big message on city’s future

After the chaos of the 2020 election, the Democratic Party has taken a different approach to this year’s national campaign, claiming trust, democracy and election integrity as foundational party principles. These themes will likely be on display at the 2024 Democratic National Convention in Chicago, but progressive Mayor Brandon Johnson, the host city’s leader, seems to betray these principles — …

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Wisconsin Gov. Evers vetoes $3B tax cut, DEI crackdowns, other GOP-backed bills

Wisconsin’s Democratic Gov. Tony Evers vetoed 41 bills passed by the Republican-led Legislature on Friday — rejecting a $3 billion Republican tax cut, political loyalty pledges for higher education employees, and a plan setting how many wolves can be hunted each year. Evers signed a bipartisan bill to provide $400,000 supporting Holocaust education in Wisconsin schools. A 2021 law requires …

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Democrats want to tax your home, your retirement, your everything

The Democrats are telegraphing their next financial move: they want to tax your wealth. From provisions of President Joe Biden’s budget proposal to Massachusetts Democrat Senator Elizabeth Warren’s re-proposal of a wealth tax only for the wealthiest, it’s clear that we need to remain vigilant against this nefarious obsession. Last fiscal year, the U.S. took in as “revenue” (primarily in …

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Prosecutors slam Hunter Biden attorneys in federal court: 'You attack the facts'

Prosecutors went after Hunter Biden’s attorneys during an hours-long hearing Wednesday on several motions to dismiss criminal tax evasion charges against the president’s son. The first son did not appear in federal court in Los Angeles on Wednesday, but his attorney Abbe Lowell argued in favor of dismissing what he claimed were politically motivated charges. He said the government was …

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IRS says 940,000 people have not claimed expiring 2020 tax refunds totaling over $1B

The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax collector said Monday that roughly 940,000 people in the U.S. have until May 17 to submit tax returns for unclaimed refunds for tax year 2020, which total more than $1 billion nationwide. The average median refund is $932 for 2020. …

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There is no U in team. Unions are bad for student athletes

The Dartmouth College basketball team has made history. It didn’t qualify for March Madness, but after aMarch 5vote, the players are set to form the first union in college sports. While some people are heralding a new era for student athletes, my own experience in collegiate track and field leads me to believe that unionization will create far more losers …

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Jim Jordan opens investigation into accusations IRS is using AI to spy on taxpayers 'en masse'

FIRST ON FOX: House Judiciary Chair Jim Jordan, R-Ohio, is launching an investigation alongside Rep. Harriet Hageman, R-Wyo., into whether the IRS is using artificial intelligence (AI) technology to improperly surveil American taxpayers across the country. In a pair of letters sent to Treasury Secretary Janet Yellen and Attorney General Merrick Garland, the lawmakers point to a September 2023 press …

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Chicago Mayor Johnson suggests Trump voters to blame for failure of city's tax hike referendum

Democratic Chicago Mayor Brandon Johnson appeared to blame Trump voters in his reaction to a failed referendum he supported. On Tuesday, Chicago residents struck down the “Bring Chicago Home” referendum that promised $100 million in new tax revenue to combat the homeless crisis in the city by hiking the tax on heftier real estate purchases. Voters rejected the tax proposal …

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