Articles
G20 leaders reach deal to set 15% tax on multinationals’ global profits
Leaders of the world’s biggest economies formally backed an ambitious plan to overhaul the way countries tax multinational companies in a bid to stem competition for the lowest rates. Read More.
The Grassroots Corner November 1, 2021
🇺🇸 The Grassroots Corner - Week Beginning 11/01/21: “The Income Tax Denier” Read More.
Controversial Democratic IRS bank reporting proposal is likely dead, Manchin says
A controversial proposal to have banks report account information to the IRS is likely dead, Sen. Joe Manchin said Tuesday. Read More.
Progressives block infrastructure vote again, but endorse Biden reconciliation framework in massive compromise
Biden will go to his climate summit empty-handed, but his agenda inched one step closer to passing Read More.
The Chairman’s Report October 29, 2021
Today’s Chairman’s Report is written by Jade Walle. Jade is a partner of a CPA firm and is on the board of Americans For Fair Taxation. Jade explains why the FAIRtax will enable Americans to accomplish even more. Read More.
U.S. stocks drift lower as investors weigh earnings from tech and other corporate heavyweights
U.S. stocks drifted lower early Wednesday, in the wake of another record-setting session, as investors absorbed a huge batch of earnings from technology heavyweights, including Alphabet Inc. and Microsoft, as well as McDonald’s Corp., Boeing Co. and others. Read More.
United losing $1.4M every two weeks by placing unvaccinated pilots on paid leave
Vaccinated pilots refuse to risk their safety flying with unvaccinated pilots, carrier said Read More.
Biden says meeting with Manchin on social spending bill "went well"
Washington — President Biden met with Senate Majority Leader Chuck Schumer and Senator Joe Manchin in Delaware on Sunday as Democrats look to broker an agreement on the president's social spending plan, a person familiar with the gathering confirmed to CBS News. Read More.
Democrats raise proposed IRS bank reporting threshold to $10,000 from $600
Senior Democrats in Congress have agreed to raise their proposed tax reporting threshold for bank account inflows and outflows to $10,000 a year, with exemptions for wage income, from an earlier proposal of $600 that drew criticism for being too intrusive.
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The IRS Wants To Monitor Your Bank Account: Watch Out!
This segment of What’s Ahead spotlights a chilling proposal from the White House and congressional Democrats that would ultimately destroy all vestiges of your financial privacy. Read More.
There’s nothing fair about inflation
A string of recent columnists have defended the trillion dollar spending proposals being debated in Washington right now, along with the taxes required to fund them. Rose Bender’s recent op-ed claimed tax hikes on the wealthy and corporations will usher in a “fair economic recovery,” ensuring that the wealthiest Americans pay their “fair share.” Read More.
The Grassroots Corner October 25, 2021
🇺🇸 The Grassroots Corner - Week Beginning 10/25/21: “The 'Sticky' Group Delivers Its Report” Read More.
It isn’t tax cuts that are driving federal deficits
The government has a too-much-spending problem, not a too-little-revenue problem. Read More.
Cost of Average Gas Fill-Up in Mass. Rose $17 in Past Year, AAA Says
"And unfortunately, it doesn't look like drivers will be finding relief at the pump any time soon," AAA's Mary Maguire said. Read More.
The Chairman’s Report October 22, 2021
There is a direct correlation between the amount of control we have over our lives and how happy we are with our lives. Read More.
