Current News

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The Grassroots Corner November 13th, 2023
The Grassroots Corner - Week Beginning 11/13/23: “In Support of FAIRtax” Read More.
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The IRS Should Heed This Warning
The Internal Revenue Service (IRS) may overplay their hand and, as a result, cripple the blockchain software industry in the U.S. It should change course. Read More.
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IRS announces new income tax brackets for 2024: What does that mean for you?
The IRS has announced new income tax brackets for 2024. In a press release, the IRS described the 2024 tax year adjustments that will apply to income tax returns filed in 2025. Read More.
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IRS sets new tax brackets, standard deduction for 2024
The IRS on Thursday announced the new income limits for the different tax brackets as still-high inflation continues to squeeze Americans financially. Read More.
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Colorado voters reject measure that would have lowered property tax bills
Colorado voters rejected a measure that would have lowered property tax bills for homeowners in return for decreasing a tax refund. Read More.
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Colorado voters decisively reject property tax measure backed by Democrats
Unofficial results showed Proposition HH, referred to the 2023 ballot by Democratic majorities in the Legislature, garnering just 39% support. Read More.
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Texas homeowners and businesses get property tax cut under Proposition 4
The $18 billion property tax-cut package is aimed squarely at lowering school district property taxes, which make up the lion’s share of a Texas landowner’s property tax bill. Read More.
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Georgia fuel tax rollback allows drivers to temporarily avoid paying state taxes on gasoline
A fuel tax rollback in Georgia has been extended until the end of November, allowing drivers to continue to avoid paying state taxes on gasoline. Read More.
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Virginia Gov. Glenn Youngkin's administration is sending out tax rebates during election week
Democrats are crying foul, suggesting the timing of the rebates is political in nature. Read More.
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GOP presidential hopefuls call for repeal of federal funding, tax breaks for colleges that excuse antisemitism
Several GOP presidential hopefuls are calling for the removal of federal funds from colleges that refuse to take action and stop anti-Israel protests from taking place on their campuses. Read More.
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The Grassroots Corner November 6th, 2023
The Grassroots Corner - Week Beginning 11/6/23: “Call for Rebuttal: 'Double take - Sisco: So-called FAIRtax is anything but fair” Read More.
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Why Microsoft owes the IRS $29 billion in taxes
How would you calculate penalties and interest on tax arrears of $29 billion dating back as far as 2004? That's one of the many questions facing the U.S. government as it endeavors to extract a record sum from Microsoft in the largest audit the IRS has ever attempted. Read More.
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Texas election: Proposition 2 offers tax breaks for childcare centers
Educators hope a proposed constitutional amendment will help keep rising costs in check at early childhood education centers. Read More.
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The Grassroots Corner October 30, 2023
The Grassroots Corner - Week Beginning 10/30/23: “LTE: The only FAIR Tax is a Sales Tax” Read More.

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