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Showing posts with the label taxes
Professor Wolff On The "Fairness" of The US Tax System.
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Pryme
Can America Afford To Increase It's Military Spending?
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Pryme
President Trump Sues Trump Administration IRS Over Action Taken By Previous Trump Administration.
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Pryme
Confused? Let NPR try to explain : President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president's tax information to news outlets between 2018 and 2020. The suit, filed in a Florida federal court Thursday, includes the president's sons Eric Trump and Donald Trump Jr. and the Trump organization as plaintiffs. The filing alleges that the leak of Trump and the Trump Organization's confidential tax records caused "reputational and financial harm, public embarrassment, unfairly tarnished their business reputations, portrayed them in a false light, and negatively affected President Trump, and the other Plaintiffs' public standing." In 2024, former IRS contractor Charles Edward Littlejohn of Washington, D.C. — who worked for Booz Allen Hamilton, a defense and national security tech firm — was sentenced to five years in prison after pleading guilty to leaking tax inf...
What Does the Government's Investment (9% or $11.1 Billion) In Intel Mean?
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Pryme
Reminder: Trump's Tariff Plan Was Never Going To Work.
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Pryme
Will The "Big Beautiful Bill" Actually Help Average Americans?
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Pryme
Thomas Massie's Becoming a Problem For Donald Trump
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Pryme
Although the House has (narrowly) passed the " give rich people what they want bill " the libertarian Rep from Kentucky has stayed steadfast: Libertarians have been put on the GOP back-burner in favor of MAGA ( although some claim that the two overlap ). This back-and-forth can only increase the tension between the two camps, fraying an already strained alliance.
Bad Faith: Nick Cruise Sees Opportunities For the Left In the Missteps of Trump, Democrats and Republicans
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Pryme
Congressional Republicans Are Trying To Trick the 99% About the Latest Tax Cut Ploy
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Pryme
Prof. Wolff: What Trump's Return Means To The Global Economy
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Secular Talk Confuses "Based" With "Basic" When Discussing Kamala Harris' "Economic Plan"
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Pryme
Such a wonderful plan that it's not (as of this posting) on her campaign website, huh? But let's just address the "high points" on the screenshot: $25,0000 Subsidy for First-Time Homebuyers . There are currently around 15.1 million vacant homes in the US , so it's not because of a lack of available housing. Also the median sale prices for new homes is $417,300 (for those in the US, check on what it is in your state ). So even if this tepid offer allowed all 1 million people to get a house, there's still over 14 million empty homes. And this doesn't begin to address the people who lost their homes when the housing market collapsed in 2008 . This plan only sounds good if you haven't been following politics since 2004. $6,000 Child Tax Credits . The average cost of having a child in the United States is $18,865 . Good luck finding the remaining $12,865 when the median income is around $48k . Again: it helps, but not enough. Elimination of Medical Debt...
Professor Richard Wolff on the US Tax System.
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