Current News
Virginia Gov. Glenn Youngkin's administration is sending out tax rebates during election week
Democrats are crying foul, suggesting the timing of the rebates is political in nature. Read More.
GOP presidential hopefuls call for repeal of federal funding, tax breaks for colleges that excuse antisemitism
Several GOP presidential hopefuls are calling for the removal of federal funds from colleges that refuse to take action and stop anti-Israel protests from taking place on their campuses. Read More.
The Grassroots Corner November 6th, 2023
The Grassroots Corner - Week Beginning 11/6/23: “Call for Rebuttal: 'Double take - Sisco: So-called FAIRtax is anything but fair” Read More.
Why Microsoft owes the IRS $29 billion in taxes
How would you calculate penalties and interest on tax arrears of $29 billion dating back as far as 2004? That's one of the many questions facing the U.S. government as it endeavors to extract a record sum from Microsoft in the largest audit the IRS has ever attempted. Read More.
Texas election: Proposition 2 offers tax breaks for childcare centers
Educators hope a proposed constitutional amendment will help keep rising costs in check at early childhood education centers. Read More.
The Grassroots Corner October 30, 2023
The Grassroots Corner - Week Beginning 10/30/23: “LTE: The only FAIR Tax is a Sales Tax” Read More.
The Chairman’s Report October 27th, 2023
It is a basic truth that no one wants to be put out of a job because they are no longer needed. This is particularly true of “smart” people who work for the various organizations in D.C. that exist to analyze and propose “learned” solutions to problems they believe exist in our society. Read More.
Advice | How to read your paycheck stub
Tips for understanding your paycheck’s fine print. Read More.
UAW strike: Is strike pay taxable? Will you be in a higher bracket?
For six weeks, thousands have been on the picket line as negotiations continue. As the strike reaches new levels, it'll impact workers 2023 tax year. Read More.
5 Ways To Avoid Paying Taxes on Your Social Security Income
The Tax Cuts and Jobs Act of 2017 changed a lot of rules, but one thing remains the same: It is exceedingly difficult to evade the long arm of the taxman. Read More.
Reform US International Taxation Laws to Set a Global Example
Some recent developments should spur action by Congress to reform US tax laws that address international taxation. Congress did this in 2017 but in an ill-conceived way, and it should be revamped. Read More.
US budget gap soars to $1.7 trillion, largest outside COVID era
The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and record-high interest costs on the federal debt rose. Read More.
Stock-market investors face reality of 5% Treasury yields. Here's what's next.
The surging yields of U.S. government debt, which sent the 10-year Treasury rate near 5%, has posted a challenging environment for stock market investors. Read More.
The Grassroots Corner October 23, 2023
The Grassroots Corner - Week Beginning 10/23/23: “A trip to DC” Read More.
