Current News

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The FairTax is the solution to the Democrats’ attack on paychecks
As people file their taxes this season, they should be aware that the numbers may look different next year — and not in a good way. That is because as the nation recovers from a pandemic in which many lost their jobs, Democrats want to raise taxes. Read More.
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The Chairman’s Report April 30, 2021
When it comes to investing, it's not just how much you make that matters—it’s how much you keep after taxes.  Read More.
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Opinion: It’s time to toss the unwieldy income tax and replace it with something far simpler
A fair and simple value-added tax would solve a lot of the federal government’s financing problems with less distortion to the economy Read More.
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Here Are The Biggest Winners And Losers In Biden’s Individual Tax Plan
Heirs and hedge fund managers might take a hit, but tens of millions of families and lower-paid young singles will come out ahead with fatter tax credits. Read More.
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Biden: 'Trickle-down economics has never worked'
President Biden on Wednesday pitched his plan to hike taxes on the wealthy and corporations, saying “trickle-down economics has never worked.” Read More.
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Senators draft energy innovation tax credit proposal
Two members of the Senate Finance Committee released a discussion draft of a bipartisan energy tax credit bill Monday that could represent a path forward for Republicans and Democrats. Read More.
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Google battles landmark UK class action over alleged iPhone tracking
Facebook (FB.O) is facing a second London High Court class action over allegations it failed to protect the personal details of about one million people in England and Wales, in the latest lawsuit to spring from a scandal over data harvesting. Read More.
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Larry Kudlow: Biden will 'weaponize IRS,' as capital gains boost wrecks workers
FBN host warns federal contractor minimum wage hike would also hurt US military. Read More.
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Assessing The Real Cost Of A Corporate Minimum Tax
U.S. Treasury Secretary Janet Yellen has introduced a new salvo in the decades long battle to stop multinational corporations from profit shifting. Read More.
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IRS holding over 29M unprocessed tax returns, delaying refunds for many low-income Americans
At least 8 million returns have been placed in 'suspense' until an IRS employee can review Read More.
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Washington state passes new capital gains tax
The Washington state Senate passed a new capital gains tax on the sale of high-profit stocks, bonds and other assets on Sunday, sending the bill to Gov. Jay Inslee (D) to sign. Read More.
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The Grassroots Corner April 26, 2021
🇺🇸 The Grassroots Corner - Week Beginning 4/26/21: “Meet John Wesley Nobles” Read More.
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U.S. new home sales rebound exceeds expectations in March
Sales of new U.S. single-family homes rebounded more than expected in March, likely boosted by an acute shortage of previously owned houses on the market. Read More.
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'Dark money' surpassed $1B in 2020, mostly boosting Democrats
Anonymous donors gave about $660 million to outside groups Read More.