Biden said Trump-enacted tax cuts “are going to stay expired and dead forever if I’m re-elected.” In a House Ways and Means Committee hearing with Treasury Secretary Janet Yellen today, she was asked about statements by President Biden vowing to end the Trump tax cuts if elected to a second term. The Biden vow means […]
Biden announces intention to break his $400k tax pledge Today President Biden said that if elected to a second term he will make sure the Trump tax cuts expire next year. The Trump tax cuts — the Tax Cuts and Jobs Act — successfully reduced taxes for all income groups. In contrast to the tax-hiking […]
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And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states President Biden has formally proposed the highest capital gains tax in over 100 years. Here is a direct quote from the Biden 2025 budget proposal: “Together, the proposals would increase the top marginal rate
A pending Biden administration marijuana rule change could help some cannabis businesses lower their tax.
If you’re a dog lover (or a cat lover), there’s really only one choice on the ballot this November: Joe Biden. How owners treat their pets reveals much about their character. Joe Biden passes the test with flying colors, while Donald Trump gets an incomplete at best. In recent days we’ve been deluged with stories about how South Dakota Gov. Kristi Noem, a potential Trump VP pick, wrote in her soon-to-be-published book that she shot her 14-month-old wirehaired pointer pup Cricket. Cricket’s...
President Joe Biden has repeatedly said he won’t hike taxes on anyone earning less than $400,000, but then this week he promised on X to hike taxes on just about everyone. Now, to be fair, Biden may not have understood that’s what he’s saying. Letting the Tax Cuts and Jobs Act expire and “stay expired” […]
Hawaii taxpayers could be seeing phased state income tax cuts that over eight years amount to the biggest reduction in state history.
Joe Biden and Kamala Harris will raise your taxes. They will impose income tax hikes, small business tax hikes, capital gains tax hikes, corporate tax hikes, a carbon tax, and will even bring back the much-hated Obamacare individual mandate tax. April 18, 2024: VIDEO: Despite Biden Campaign Promise to Make “Costs Go Down,” They Have […]
The Kansas Senate was unable to secure enough votes to override Governor Laura Kelly’s veto of a bipartisan tax cut package. The House had voted 104 to 15 to override the veto, which had the necessary majority,
A group of at least 90 lawyers, including 20 who work in the Biden administration, are urging President Biden to cut off military aid to Israel because its slaughter in Gaza doesn’t comply with US and international law. The attorneys will make their case in a letter to Attorney General Merrick Garland that was obtained … Continue reading "Attorneys Inside the Biden Administration Urge US To Cut Off Israel"
TOPEKA (AP) - Kansas' Democratic governor on Wednesday vetoed a broad package of tax cuts for the second time in three months, describing it as “too expensive” despite the bipartisan support it enjoyed in the Republican-controlled Legislature. Gov. Laura Kelly and her staff had signaled that she had misgivings about a package of income, sales and property []