Articles

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The Chairman’s Report February 11, 2022
"Face Time With the IRS" - This is the title of a Wall Street Journal editorial that appeared on February 4, 2022.   Read More.
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What information does the IRS collect from taxpayers on Venmo, PayPal?
Americans with side hustles could be affected by new IRS tax-reporting rule Read More.
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Gov. Pritzker: Inflation key to pressing tax relief now
SPRINGFIELD, Ill. (AP) — Last spring, Gov. J.B. Pritzker touted a tourism campaign encouraging motorists to see the state by highway, eschewing concerns that gas cost well above $3 per gallon. Read More.
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If prices keep rising, a nightmare scenario for the US economy is a real possibility
New York (CNN Business)There's no denying it: Inflation is here. Consumer prices surged 7% over the past year. Housing prices have continued to soar, too. But the question on the minds of many economists and Wall Street strategists is whether something even worse could be in the cards: prices rising as the economy slows. Read More.
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Biden agenda dead, dead, dead
What remains of President Joe Biden's agenda died quietly on Sunday, barely noticed by a media consumed with Ukraine, Joe Rogan, and why Stacey Abrams didn't wear a mask in a Twitter photo. Read More.
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Exclusive: U.S. calls for 'concrete action' from China on trade deal
WASHINGTON, Feb 7 (Reuters) - U.S. officials called on Monday for "concrete action" from China to make good on its commitment to purchase $200 billion in additional U.S. goods and services in 2020 and 2021 under the "Phase 1" trade deal signed by former President Donald Trump. Read More.
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Frontier is buying Spirit Airlines in $3B deal
The deal will create the nation’s fifth-largest carrier Read More.
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The Grassroots Corner February 7, 2022
🇺🇸 The Grassroots Corner - Week Beginning 02/07/22: “HOSTILE ARGUMENT: The FairTax is a sales tax. It is regressive. It is unfair to the poor and middle class and a windfall for the rich.” Read More.
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The Chairman’s Report February 4, 2022
This is the title of a letter posted by a group of 100 millionaires/billionaires who believe that they, as a group, are not paying enough taxes and want us to know that they are really socially conscious and want to help all of us. Read More.
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Inflation hits Amazon: Price of Prime memberships going up
Amazon cited increases in wage and transportation costs as the reason behind the move Read More.
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Iowa Democrats unveil proposal to increase child tax credit, cut income tax
DES MOINES, Iowa (KWWL)- Iowa Democratic state lawmakers are responding to Governor Reynolds' tax plan with their own proposal. Read More.
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Record $600M in Idaho tax cut heads to governor's desk
BOISE, Idaho (AP) — Legislation for Idaho’s biggest tax cut in state history headed Tuesday to the governor for his signature. Read More.
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Biden administration stoking higher energy prices with oil and gas crackdown, JEC analysis shows
Energy prices have been major driver behind inflation, which surged 7% in December Read More.
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NYC homeowners slam tax bill: ‘Living here is getting difficult’
New York City’s byzantine property tax system has left homeowners with increasingly burdensome obligations that have pushed them deeper into debt — and may eventually give some no choice but to leave. Read More.
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How the Fed’s Policy Shift Is Rippling Through the Housing Market
The central bank had been the biggest buyer of mortgage bonds, but now it is stepping back and borrowing costs are rising Read More.

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