Articles

image
Education Department Announces $2 Billion Of Student Loans Will Be Cancelled Within Weeks
The U.S. Department of Education is cancelling another $2 billion of student loans. Read More.
image
New York Fed’s Empire State manufacturing business index rebounds in November
The numbers: The New York Fed’s Empire State manufacturing business conditions index rose 11.1 points to 30.9 in November, the regional Fed bank said Monday. Economists had expected a reading of 22, according to a survey by The Wall Street Journal. Read More.
image
Biden’s massive spending bill set to collide with debt ceiling, funding fights after CBO score delay
Defense authorization bill, government funding, debt ceiling and social spending bill will make December hectic, high-stakes month in Congress Read More.
image
Comparing two tax systems
Taxes can be collected in a number of ways: tariffs, value added tax (VAT), flat tax, negative income tax, consumption tax and income tax. Some 20 years ago, politicians were touting a flat tax as a way to simplify the tax code, revive the economy and promote growth. Read More.
image
The Chairman’s Report November 12, 2021
The Merriam Webster Dictionary defines crony capitalism as: an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open competition in a free market. Read More.
image
Inflation rose to 6.2% in October, the highest annual rate in 30 years
Consumer prices rose to 6.2% in the year ending October, the Department of Labor reported Wednesday, the highest rate of inflation in 30 years.  Read More.
image
Independence Institute submits signatures for Colorado initiative targeting the 2022 ballot to lower the state income tax rate
On Oct. 29, 2021, the Independence Institute of Colorado reported submitting over 216,000 signatures for an initiative targeting the 2022 ballot to decrease the state’s income tax rate from 4.55% to 4.40%. Read More.
image
Infrastructure Bill To Be Signed By President Biden Includes Tax Provision Concerning To Cryptocurrency Community
On Friday, the House of Representatives passed a $1.2 trillion infrastructure bill in a 228-206 vote, sending the legislation to President Joe Biden for his signature. Read More.
image
IRS Announces Higher 2022 Retirement Account Contribution Limits For 401(k)s, Not IRAs
Inflation means you can—and probably should—contribute more to your workplace retirement account in 2022. Read More.
image
Democrats have no intention of making the rich pay their 'fair share'
For all their talk about raising taxes on the top 1% and forcing the wealthy to pay its “fair share,” Democrats have absolutely no intention of doing either. Read More.
Buttigieg: We’d Be ‘Closer to’ Wealthy Paying Fair Share with 50% Top Tax Rate
On Saturday’s broadcast of the Fox News Channel’s “Cavuto Live,” Transportation Secretary Pete Buttigieg said that top income earners would be paying “closer to” their fair share of taxes if their tax rate is raised to 50%. Read More.
image
The Grassroots Corner November 8, 2021
🇺🇸 The Grassroots Corner - Week Beginning 11/08/21: “Messing With Roth IRA's” Read More.
image
OSHA vaccine mandate to hit large employers Jan. 4, with hefty fines for noncompliance
OSHA rule is expected to be immediately challenged in court by Republican states and some business groups Read More.
image
The Chairman’s Report November 5, 2021
​​​​​​​The problems at the IRS are rooted in the Internal Revenue Code itself.  The very nature of the IRC makes it difficult to enforce without infringing on the basic freedoms that most Americans cherish.   Read More.
image
Elon Musk Is The First Person Worth More Than $300 Billion
After adding tens of billions to his net worth on Monday, Elon Musk has become the first person with more than $300 billion to his name.  Read More.

Get latest news delivered daily!

We will send you breaking news right to your inbox