Articles

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I bought my home for $30,000, but now it’s worth almost $3 million. How can I avoid a massive tax bill?
Capital gains aren’t the only factor to consider in anticipating the tax burden of an inherited home. Read More.
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Twitter CEO Jack Dorsey is expected to step down, sources say
Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber. Read More.
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IRS Announces 2022 Tax Rates, Standard Deduction Amounts And More
The Internal Revenue Service has announced annual inflation adjustments for tax year 2022, meaning new tax-rate schedules and tax tables and cost-of-living adjustments for various tax breaks. Most numbers are up more than in recent years because of higher inflation. Read More.
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Stocks rebound as omicron fears ease, oil jumps
Pending home sales for October due at 10am ET Read More.
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Do you have more than $600 in your bank account? IRS could be tracking your transactions
Do you have more than $600 in your bank account? Well, that money could now raise a red flag, giving the government the right to track your spending. Read More.
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The Grassroots Corner November 29, 2021
🇺🇸 The Grassroots Corner - Week Beginning 11/29/21: “CPAC: Call to Action” Read More.
Stocks crater as new COVID-19 variant triggers market sell-off
US stocks will close for trading at 1 pm ET on Friday Read More.
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The Chairman’s Report November 26, 2021
From all of us at Americans for Fair Taxation Read More.
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Illinois House GOP aims to fight inflation with tax credit
SPRINGFIELD (WGEM) - Milk, bread, turkey and diapers - the effects of inflation have been wide-ranging for consumers. Read More.
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Wealthiest 1% get richer under Dems' reckless tax-and-spend package
Any suggestion that Dems' Build Back Better Act constitutes a broad-based, middle-class tax cut is clearly false Read More.
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Panic In The Aisles: Holiday Shoppers Are Buying Early, Hoarding Items
Veena Marcano usually starts her holiday shopping early, but this year she set a new personal record: July. Given everything she had heard about shipping delays, product shortages and price increases, she figured she better get a move on. So she began hitting retailers like Amazon, T.J.Maxx and Burlington, diligently stocking up on gifts for her two kids, nieces and godchildren. Well before Black Friday, she had all that she needed — and then some. Read More.
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Biden taps Jerome Powell for second term as Fed chair, spurning progressives
The Fed chair is one of the most powerful players in Washington Read More.
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Mankato homeowners picking up more of the property tax burden
John Logan, a widower who has lived on the 2300 block of Fair Street since 1998, has noticed the trend when he writes out the checks for his property taxes — up, up and up again, increasing $726 in the past five years. Read More.
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Homestead property tax exemptions: Don’t pay more than your fair share
A good way to whittle homestead property taxes down is to review the available exemptions. Read More.
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The Grassroots Corner November 22, 2021
🇺🇸 The Grassroots Corner - Week Beginning 11/22/21: “Happy Thanksgiving!” Read More.

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