Spending More Taxpayer Money on Foreign Policy Boondoggles Has Solved Nothing
Op-Ed by Jeremy Powell Whether you’re a conservative or libertarian, the notion of government shutdowns is no longer an alien concept considering that Washington managed…
Tax
Californians To Pay 18% Tax On Firearms, Ammo After Anti-Gun Lawmakers Strike
By Tyler Durden Two weeks ago, the California Legislature passed a new excise tax on the sales price of all firearms, firearm precursor parts, and…
IRS Hiring Another 3,700 Tax Enforcers, Watchdog Warns Those Earning Under $400,000 Could Be Targeted
By Tom Ozimek IRS hiring 3,700+ tax enforcers to audit higher earners but a watchdog worries about audits for those under $400,000 due to unclear…
IRS Launches “Sweeping, Historic” Tax Enforcement Crackdown Using AI
By Tom Ozimek The Internal Revenue Service (IRS) has announced that, thanks to a new funding boost, it’s launching a “sweeping, historic” tax enforcement initiative…
Why Are US Tax Dollars Still Flowing to Animal Testing Labs in China?
By Jon Miltimore In May, the U.S. National Institutes of Health (NIH) did something extraordinary. The agency quietly scrubbed the Wuhan Institute of Virology from its…
IRS Headcount Approaches Decade-High Of More Than 90,000 Full-Time Employees
By Tyler Durden After a hiring spree to the tune of 13% YoY, the IRS now has the most employees in over a decade at…
The Taxpayers Bailed Out Yellow Trucking. It Went Bankrupt Anyway.
By Doug French After ninety-nine years in business, Yellow, one of the nation’s biggest trucking companies, shut down. The company has more than twelve thousand…
Oregon Governor Signs Bill Ending Unjust Corporate Activity Tax on Precious Metals Dealers and Investors
(Salem, Oregon, USA – July 28, 2023) — With the stroke of her pen, Oregon Gov. Tina Kotek put an end to the state’s punitive…
Taxpayer Tab For DOJ’s Trump-Takedown Broke $9 Million In First Four Months Alone
By Tyler Durden The tab for special counsel Jack Smith’s investigation into former president Donald Trump exceeded $9 million in the first four months of…
More States Consider Sales Tax Exemptions for Precious Metals as Mississippi Law Takes Effect
By Stefan Gleason Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a…
Midtown Gets Paywall: Feds Approve NYC Congestion Toll
By Tyler Durden The US Department of Transportation’s Federal Highway Administration approved the Metropolitan Transportation Authority’s congestion tax scheme to charge drivers entering New York…
Serial Rapist Cop Gets Off with a Wrist Slap as Taxpayers Forced to Pay His Victims
By Matt Agorist Louisville, KY — Once again, in a case that illustrates the clear injustice in our system, Louisville Metro taxpayers are forced to…
8 Countries Offering Tax Incentives For New Residents In 2023
By Andre Bothma As our founder, Simon Black is fond of saying, legally reducing your taxes is the highest investment return you’ll ever make. If…
Signed as Law: Illinois Eliminates State Conformity with IRS Section 280E for Marijuana Businesses
By Michael Maharrey Last week, Illinois Governor J.B. Pritzker signed a bill that includes provisions eliminating the state’s conformity with Internal Revenue Code (IRC) Section 280E….