By: Daniel Tenreiro – nationalreview.com – October 26, 2021 The last time the White House put Treasury secretary Janet Yellen in front of television cameras, she was tasked with defending a proposal to give the Internal Revenue Service cash-flow data on the bank accounts of virtually every American. Asked about the scope of the reporting requirement, which would cover any account holding more…
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By: The Editorial Board – wsj.com – October 25, 2021 Democrats are scrambling to finance their spending bill after Arizona Sen. Kyrsten Sinema shot down their plans to raise corporate and individual income-tax rates. Thank you, Senator. But now Democrats are reaching deep into their grab-bag of revenue tricks and may pull out a wealth tax on “billionaires.” Nancy Pelosi…
As the holidays draw nearer, media are demanding that Americans stop shopping in an effort to absolve Biden of blame for the supply-chain crisis.
This is what happens when major Cabinet positions are filled as political thank-yous, which is exactly what Biden did in tapping Buttigieg.
By: The Editorial Board – WSJ.com – October 22, 2021 Each country will need to implement this agreement in its domestic tax law, which is where Congress comes in. Pillar one is a particular headache for Ms. Yellen. Existing bilateral and multilateral tax treaties specify how governments carve up corporate revenue for tax purposes. The OECD anticipates similar treaties to…
During a House hearing on Thursday, Rep Jim Jordan (R-Ohio) said that under the Biden regime’s rule, Americans for the first time fear their government.
By: The Editorial Board – wsj.com – October 21, 2021 The details are murky, but most Americans could still get ensnared in this dragnet unless they pay bills and buy goods in cash. Democrats say banks will only have to report total annual inflows and outflows, not discrete transactions. But nearly all Americans spend more than $10,000 a year. The…
An NIH letter reveals that the agency funded research to determine if a bat coronavirus could be transmissible in humans.