Articles

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Exxon lobbyist said carbon tax is "not going to happen"
Exxon Mobil is on the defensive after a lobbyist's description of the energy giant's activities, captured on covertly recorded video, created a public uproar and drew condemnation from lawmakers. Read More.
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The Grassroots Corner July 5, 2021
🇺🇸 The Grassroots Corner - Week Beginning 7/5/21: “Meet Candidate Jerrod Sessler” Read More.
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130 countries sign on to global minimum tax plan, creating momentum for Biden push
The White House believes countries need to move together to prevent firms from taking advantage of weak tax rules Read More.
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Budget Deficit Projected to Hit $3 Trillion as Pandemic Spending Buoys Economy
WASHINGTON — The U.S. economy is rebounding from the pandemic downturn faster than expected and is on track to regain all the jobs lost during the coronavirus by the middle of next year, partly as a result of enormous amounts of federal spending that will push the budget deficit to $3 trillion for the 2021 fiscal year, the Congressional Budget Office said on Thursday. Read More.
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Robinhood Files For IPO Showing Cofounders Tenev And Bhatt Stand To Make Billions
Robinhood, the mobile app that pioneered commission-free stock trades, filed for its hotly anticipated initial public offering on Thursday afternoon, divulging $959 million in revenue for 2020 as retail trading boomed—up 245% from 2019. Read More.
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The Chairman’s Report July 2, 2021
Rather than have a picture of fireworks or picnics or other activities usually associated with the 4th of July, it seems that we should remember why many of us have persisted in the effort to replace the federal income tax with a national retail sales tax—the FAIRtax. ​​​​​​​ Read More.
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Supreme Court declines to take up remote worker taxation case
The U.S. Supreme Court on Monday denied a request by New Hampshire to file a bill of complaint against Massachusetts in a case involving Massachusetts’s taxation of remote workers during the COVID-19 pandemic. The Supreme Court’s order indicated that Justice Clarence Thomas and Justice Samuel Alito would have granted the motion. Read More.
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$12 Billion Government Contractor Booz Allen Facilitates Ransomware Payments—Even Though The FBI Says Never Pay
The consulting firm helps ransomware victims negotiate with hackers will facilitate payments to cybercriminals to reopen breached businesses. The federal government advises against paying, especially when there’s the risk of giving money to America’s adversaries. Read More.
Mortgage applications skid to lowest in over a year
Numbers come days after Freddie Mac reported average mortgage rates had climbed past 3% Read More.
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Dollar off to firm start as U.S. price data fail to quell inflation worries
TOKYO, June 28 (Reuters) - The dollar held firm on Monday after slightly softer-than-expected U.S. inflation did little to chip away investors' conviction that the Federal Reserve could tighten monetary policy if consumer price pressures continue to intensify. Read More.
US stock ownership nears record, will keep climbing
Households will be net buyers of $400B in equities in 2021: Goldman Sachs Read More.
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Carbon taxes better than assigning artificial political risk
“Some investors are wagering that Wall Street’s preference for green energy will depress spending on oil extraction, setting the stage for supply shortages and higher fuel prices.” Wall Street Journal, June 14, 2021Wait, what? Oil prices are shooting up and likely to stay up, but “Wall Street’s preference for green energy” will depress spending on oil extraction? Read More.
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Will More IRS Funding Boost Wealthy Client Audits?
Advisors urge caution but say new bills won't necessarily mean more scrutiny from tax collectors. Read More.
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The Grassroots Corner June 28, 2021
🇺🇸 The Grassroots Corner - Week Beginning 6/28/21: “Hostile Argument: We Will End Up With Both An Income Tax And A Sales Tax” Read More.
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High Court to decide if Australia's 'backpacker tax' discriminates against workers based on nationality
A former British waitress will go into battle with the Australian Tax Office in the High Court today, over whether she was unfairly taxed as a backpacker. Read More.

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