Tax reform

A stock image of a man stealing from a woman's purse, left; President Joe Biden laughing, right.

11 States to Have 50%+ Capital Gains Rate Under Drastic New Budget

President Joe Biden’s budget proposal has set the stage for tax increase on individuals that could suffocate the economy, making Bidenomics an even bigger drag and sparking heated discussions across political and economic circles. It’s not far-fetched to suggest that this move would have the Founding Fathers doing somersaults in their graves. “How would the […]

admin

May 6, 2024

A sign for the Internal Revenue Service building in Washington, D.C., is shown.

IRS Watchdog’s Disturbing Report Details Who Had Access to Sensitive Systems

A new IRS inspector general report said the nation’s tax collection agency continued to give 19 contractors access to sensitive systems despite having background reports that were returned as “not favorable.” Despite having the unfavorable rating returned as recently as July 13, “These contractors still retained their access to one or more sensitive systems because […]

admin

May 6, 2024

Tax reform

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