The Treasury Department announced last week that the budget deficit for FY 2019 grew to $866.8 billion in the first 10 months of the fiscal year, up 27% from FY 2018. Headlines across the news […]
WASHINGTON, D.C. — Last week Democratic Presidential candidate Sen. Elizabeth Warren (D-Mass.) unveiled a plan to allow same-sex couples to amend past tax returns to receive refunds from the IRS. The Refund Equality Act, an […]
Massachusetts Senator Elizabeth Warren wants to pass a “wealth tax” of 2% on assets held by rich people over $50 million and 3% on assets over $1 billion as the next President of the United States of America. Some say wealthy people support such a […]
Many people hear the term “income inequality” and think: “We gotta do something to fix that!” Which almost always means pass more legislation and give more power to government officials. Ed Conard, former managing partner […]
RALEIGH — North Carolina tax collections are on track for the state to post its highest surplus since 2008. “Extraordinary growth” in year-over-year final tax payments during April means the state ultimately may collect over […]
RALEIGH — The funding needed for school construction and capital needs is one step closer to reality as Senate Bill 5 heads to the House. However, the thinking in Raleigh on issues like school construction […]
“It’s going to be something very special.” That’s what President Trump has called the latest efforts to pass a second round of federal tax cuts, following the successful passage of the Tax Cuts and Jobs […]
“30 million jobs have been created under President Trump!” The headline above could have been written with a straight-face by any media outlet and been technically “true” about the American economy in the last year […]
The Tax Cuts and Jobs Act Bill (TCJA) of 2017 is now law. What next? The first thing every taxpayer should say out loud is this: “It is my money first, not the government’s!” Every […]
Since all the attention is on the U.S. Senate now to see if they can pass a tax bill and get it to conference and to the president’s desk before the Alabama special Senate election […]
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