Articles
Vulnerable Texas Democrat double dipped on property tax exemption for at least 8 years
A vulnerable House Democrat in Texas double dipped on a property tax exemption for at least eight years. Read More.
The Grassroots Corner August 22, 2022
The Grassroots Corner - Week Beginning 8/22/22: “Greene comes out in support of FAIRtax” Read More.
Gimmicky Sales Tax Holidays Are Short-Term and Ineffective
Temporary holidays on state sales taxes fail to offer the meaningful tax relief that struggling families need, and they undermine funding for education, infrastructure, and other public services, says Marco Guzman of the Institute on Taxation and Economic Policy. Read More.
Electric car tax credit: These are all of the vehicles that still qualify ... for now
With the stroke of a pen on Tuesday, President Biden made a long list of vehicles ineligible for the federal electric car tax credit. Read More.
Hawaii taxpayers could receive up to $300 tax refund from state
As inflation takes its toll, the state is working to distribute up to $300 in tax refunds to Hawaii taxpayers. Read More.
The Chairman’s Report August 19th, 2022
In 2021, the “confidential” tax returns of thousands of wealthy taxpayers were leaked and made available by propublica.org. While there was some public outcry, many of the more liberal pundits and liberal media outlets actually applauded the leak.
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Democrats Already Are Planning More Tax Hikes If They Keep House
Nancy Pelosi’s hand-picked chair of the tax-writing Ways & Means Committee is liberal Richard Neal of Massachusetts. He made headlines last week by telling Bloomberg News that he would seek to raise both corporate and individual income-tax rates should Democrats keep the House. Read More.
Industry group says most EVs will no longer qualify for federal tax credits
Electric vehicle shoppers hoping to get a tax credit from the government after President Joe Biden signs the Inflation Reduction Act into law might find fewer vehicles that qualify. Read More.
Kemp counters Abrams economic plan with tax rebates
Gov. Brian Kemp proposed a combined $2 billion in tax rebates Thursday that could return about $1,000 to taxpayers if approved by state lawmakers early next year. Read More.
Automakers scramble to decode new U.S. EV tax credits
U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs), as Congress prepares for final votes today on a bill that includes a top-to-bottom overhaul of Washington's clean vehicle policies. Read More.
State, local relief not in cards for residents of high-tax states as House assesses Inflation Reduction Act
After fighting to repeal the $10,000 limit on the federal deduction for state and local taxes, known as SALT, a group of House Democrats say they will still vote for the party’s spending package without SALT reform. Read More.
Democrat promises more taxes if the party stays in power: report
Democratic Rep. Richard Neal of Massachusetts suggested that the House would increase tax rates if his party remains in power following the upcoming midterm elections this fall, according to a congressional reporter. Read More.
The Grassroots Corner August 15, 2022
The Grassroots Corner - Week Beginning 8/15/22: “Meet candidate and pledge signer Tina Forte” Read More.
Fact-Checking Team Biden on Who Those 87,000 New IRS Agents Would Audit
The Biden administration has promised not to raise taxes on anyone making under $400,000 a year. And despite estimates from official congressional scorekeepers that the Schumer-Manchin-Biden tax increase indeed would raise taxes on those Americans, the administration has doubled down on the claim as a final vote nears on Democrats’ bill. Read More.
Workers in These States Would Pay Most Under Biden’s New Business Tax
Where will President Joe Biden and congressional Democrats get the money to finance their large expansion of subsidies for green energy and extension of Obamacare subsidies for the upper middle class? Read More.
