Current News
Republicans unveil bill to block Biden's 'egregious' IRS bank-monitoring plan
Biden's controversial bank-monitoring plan would be banned under GOP bill Read More.
The Grassroots Corner October 18, 2021
🇺🇸 The Grassroots Corner - Week Beginning 10/18/21: “Hostile Argument: The FAIRtax Will Mean Double Taxation In Transition!” Read More.
What's in Biden's plan for the IRS to monitor nearly every American's bank account?
Biden's bank account–monitoring plan draws fierce backlash Read More.
The Chairman’s Report October 15, 2021
Fiscal irresponsibility has created a disease that has infected all of us. We are all receiving benefits from the government.  Most of these payments are coming not from federal tax revenues but by the Federal Reserve printing money and increasing the national debt. Read More.
Backlash could force Democrats to rethink IRS 'snooping' provision
Congressional Democrats, concerned over lukewarm public enthusiasm for their massive social welfare spending package, may be forced to modify a tax-raising provision that has prompted significant backlash. Read More.
Consumer prices rise more than expected as energy costs surge
Consumer prices increased slightly more than expected in September as food and energy price increases offset declines in used cars, the Labor Department reported Wednesday. Read More.
Pelosi: There will be new IRS bank reporting requirements but $600 amount negotiable
Banks currently report transactions in accounts that are over $10,000 Read More.
Goldman cuts forecast for US economic growth in 2021 and 2022
The firm previously expected 5.7% gross domestic product (GDP) growth in 2021 and 4.4% growth in 2022 Read More.
'Historic': French President Emmanuel Macron hails global tax agreement
The worldwide campaign for a minimal international tax on large businesses took a step closer to reality on Friday, when Hungary, one of the last holdouts, decided to join a proposal that now has 136 signatories. Read More.
World agrees 15% tax for biggest companies
An international deal to ensure the world’s largest multinationals pay a minimum corporate tax rate of 15 per cent was reached by 136 countries last night. Read More.
The Grassroots Corner October 11, 2021
🇺🇸 The Grassroots Corner - Week Beginning 10/11/21: “Meet Candidate Allen Waters” Read More.
US economy adds 194K jobs in September, missing estimates
Unemployment rate fell to 4.8% Read More.
The Chairman’s Report October 8, 2021
There are many ideas in Washington, D.C. that their supporters believe will be beneficial to America and the American people. Whether these ideas are Democrat or Republican, liberal or conservative, they all have one thing in common—they need funding. Read More.
Biden proposal to monitor bank accounts with at least $600 is a terrible idea
The Biden administration is looking for ways to close an estimated $160 billion tax gap — the amount of money that is owed by various taxpayers but that has not been collected. It is an admirable goal and highlights a definite problem that needs to be addressed in a responsible way. Read More.
Biden tells EC commission chief the international tax system must be fair
U.S. President Joe Biden, in a call with European Commission President Ursula von der Leyen on Monday, emphasized the importance of "leveling the playing field in the international tax system," the White House said in a statement. Read More.
