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Tag: Taxes

IRS Can Track Your Cell Phone, but Leaves Billions in Taxes Uncollected

Posted: April 21, 2016 at 11:28 am   /   Politics

While the Internal Revenue Service continues to leave uncollected tax money on the table, the agency beefed up its surveillance capabilities in a move that alarms both conservative and liberal privacy advocates. Now some complain the IRS is acting too much like Big Brother and not enough like a traditional taxman. Since 2006, the IRS […]

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This Rail System Costs Taxpayers $22 Per Passenger

Posted: April 20, 2016 at 4:34 pm   /   Politics

A Minnesota commuter rail line is costing taxpayers approximately $22 per passenger, per trip. “When you’re subsidizing about 80 percent of every trip on the line, it’s a really big fiscal disaster,” Annette Meeks, Freedom Foundation of Minnesota CEO, told The Daily Signal. The Minnesota Northstar rail opened for service in the fall of 2009, […]

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Oregon supermarket

Oregon’s IP 28, Wealth Redistribution

Posted: April 19, 2016 at 1:10 pm   /   Elections, Features, Politics, Top Stories, Videos

In a previous article, I put the spotlight on Oregon’s Initiative Petition 28 (IP 28), a gross receipts tax to be paid by C corporations nationwide on all sales of $25 million and above whether or not the company is profitable or not. According to its proponents, it’s all being done in the name of large corporations paying their “fair share” of taxes, but that’s only one goal. I dug a lot deeper into this and found that the consortium of supporters, including teachers’ unions, the SEIU and AFSME among others, are engaged in committing what amounts to a business assassination attempt on the Koch brothers, owners of Koch Industries.

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Tax Day Doesn’t Have to Be So Frustrating

Posted: April 18, 2016 at 9:36 am   /   Politics

For many Americans, the days leading up to tax day are some of the most dreaded on the calendar. Over the past several weeks, Americans have spent many frustrating hours pouring over W-2’s and Form 1040’s as they prepare their tax returns. According to the Internal Revenue Service, Americans collectively spend roughly 6.6 billion hours […]

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Teacher eats students’ ice cream in attempt to teach them about taxes, suffers “extreme” brain freeze

Posted: April 16, 2016 at 12:00 pm   /   Entertainment, Politics

In an effort to teach his students more about how taxation works an economics teacher served his students bowls of ice cream in class, and then proceeded to swallow whole almost half of the scoops, on average. The lesson took its toll as school administrators say the teacher, Joe Stollin, experienced a paralyzing “brain freeze”… […]

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9 Charts You Need to See for Tax Day

Posted: April 15, 2016 at 12:33 pm   /   Politics

Tax Day is almost here. As Americans all across the country finalize their tax filings, let’s take a look at where all those tax dollars go. Here are 9 charts from Heritage’s “Federal Budget in Pictures” covering federal spending, taxes, and debt: 1) Family Spending 2) Entitlement Spending 3) Interest on Debt 4) Public Debt 5) […]

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Puerto Rico’s ‘Wal-Mart Tax’ Ruled Unconstitutional

Posted: March 30, 2016 at 6:25 am   /   Politics

A federal judge has ruled that a law enacted by Puerto Rico’s government to charge Wal-Mart more than three times the rate it charges other companies is patently unconstitutional. Wal-Mart is the only company on the island with revenues anywhere close to the $2.75 billion level to which the law applies—While Governor Garcia Padilla suggested the […]

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Steve Forbes on How a Flat Tax Would Reduce DC Cronyism

Posted: February 29, 2016 at 12:43 pm   /   Politics

How do you get rid of cronyism in Washington? In part two of my interview with Steve Forbes, chairman of Forbes Media and a former Republican presidential candidate, he makes the case that complexity gives power to Washington and there is no better example than the IRS. Forbes says if you throw out the current tax code […]

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Patriot Missile: Is Donald Trump on a Mission to Save America?

Posted: February 24, 2016 at 3:03 pm   /   Elections, Features, Politics, Videos

The full version of this article was originally featured at The Marshall Report I’m going rogue for this piece. I want to talk about some things that will undoubtedly ruffle at least a few readers’ feathers and probably vex the ‘anyone but Trump’ crowd. To borrow from the hashtag-lingo calling card of the courageous and […]

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