Current News
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.
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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.
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.
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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.
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.
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.
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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.
Under Pressure From Congress IRS Offers Taxpayers Limited Relief, Advocacy Coalition Pushes Back
On Wednesday, January 26, 2022, a bi-partisan group of nearly 200 members of the U.S. House sent a letter to Treasury Secretary Janet Yellen requesting relief for taxpayers in light of “unprecedented challenges” being faced by the Internal Revenue Service. Read More.
Ames representatives give preview of 2022 as Iowa’s Legislature begins its new session
After the start of a new legislative session, Ames' representatives shared their plans for the new session as well as their thoughts on policies that have already been proposed.
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The Grassroots Corner January 31, 2022
🇺🇸 The Grassroots Corner - Week Beginning 01/31/22: “Jeanne Seaver, Lieutenant Governor Candidate in Georgia, Calls for a Georgia FAIRtax” Read More.
South Carolina Lawmaker Proposes Cutting State Income Tax In Half, Eliminating Income Tax For Businesses
An Upstate lawmaker has filed a bill that would cut the state income tax in half and eliminate income tax for businesses. Read More.
Speaker says House GOP’s tax plan is simple, sustainable
House Republicans have released a tax plan that uses the governor’s outline for lowering the state income tax to a single rate of four percent and making retirement income tax exempt.
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The Chairman’s Report January 28, 2022
Too often we neglect to check in with our history and wise elders of the past as it relates to solving today’s problems. Today we will focus in on the U.S. income and payroll tax system relative to the wisdom offered by some figures from our past. Read More.
Fed likely to pave the way for March rate hike at key meeting this week
Economists expect the Fed to raise rates four times this year Read More.
Fintech’s Fraud Problem: Why Some Merchants Are Shunning Digital Bank Cards
During the pandemic, startups like Chime have posted astounding growth in users and valuations. So why are some car rental companies, hotels and other big vendors wary? Read More.
