Sun. Sep 25th, 2022

Category: fox-news/politics/finance/taxes

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UK’s Truss defends cuts to ‘70-year high’ tax rate, vows to ‘incentivize growth’

United Kingdom Prime Minister Liz Truss defended her policy to cut taxes and help grow the nation’s stagnant economy in a recent interview.  “The U.K. has one of the lowest…

Weeks before election, DeSantis proposes slew of family-friendly tax breaks while slamming Dems over inflation

Seven weeks before he squares off against Democrat Charlie Crist in November’s election, Florida Gov. Ron DeSantis boasted a series of tax breaks he is proposing to help families while…

Senate Republicans look to protect Americans earning less than $400k from IRS audits

Senate Republicans introduced legislation this week that would prevent the IRS from using the $80 billion in new spending authority it received this year to audit taxpayers who earn less…

Anti-tax Dem running for Congress has voted for at least 38 tax hikes in California

Rudy Salas, D-Calif., a member of the California Assembly running for Congress, has voted for dozens of tax increases despite a pledge not to support tax hikes without voter approval.…

Mark Cuban says ‘Screw you, Elizabeth Warren,’ declares her ‘everything wrong with politics’

Mark Cuban slammed Sen. Elizabeth Warren, D-Mass., for being “everything wrong with politics” at the 2022 annual Code Conference from Vox Media in Los Angeles.  CNBC’s “Squawk on the Street” aired a clip from…

North Carolina NAACP loses tax-exempt status over alleged failure to file tax returns for three years

The NAACP’s North Carolina chapter has lost its federal tax-exempt status after allegedly failing to file tax returns for three years.  The Internal Revenue Service stripped the organization of its…

Nikki Haley fighting back after nonprofit’s tax filings leaked to Politico: ‘This is a federal tax crime’

Former U.N. Ambassador Nikki Haley said Tuesday on “America’s Newsroom” that the Justice Department must investigate the leak of her nonprofit’s tax filings. Politico recently published information about donors who…

DAY SEVEN: White House refuses to explain who will pay for Biden’s $500B student loan handout

President Biden and White House officials remain silent about how they plan to pay for the cancelation of between $10,000 to $20,000 in student debt for millions of Americans.  Despite…