September's inflation numbers were tied for the record since 2008, and were above consensus expectations yet again. With inflation being so severe and persistent, the messaging about inflation is about to change. First, it was…
White House Unveils New Tax Proposal to Pay…
The White House will target billionaires with a new minimum tax when President Biden unveils his 2023 budget, according to a document from the administration obtained by Fox News. Dubbed the "Billionaire Minimum Income Tax," the Biden administration proposal, as highlighted…
Why Your Tax Refund May Be Smaller This…
If you’re banking on a tax refund, it may be smaller, or you may owe money this season, according to financial experts. Typically, you get a federal tax refund when you’ve paid or withheld more…
Biden’s Tax Overhaul is On Shaky Ground After…
A slew of proposed taxes aimed at ultra-wealthy Americans and well-off corporations were dealt a potentially fatal blow on Sunday, imperiling a key pillar of President Biden's sweeping economic agenda. Moderate Democrat Sen. Joe Manchin told "Fox News…
61% of Americans Pay NO Federal Income Taxes
The numbers for 2020 just came in, and 61% of Americans paid absolutely zero in federal income taxes last year. This is true, but there is a catch. There is another 'tax' that everybody pays,…
This is Why The IRS Probably Won’t Audit…
Tax season finally came to a close on Monday after some extensions. While the end of tax season usually means the weight is lifted from many American's shoulders they can also relax knowing their chances…
What to Know Before the May 17 Tax…
The due date to file your taxes is only days away after the IRS extended the deadline due to the Coronavirus pandemic. Have you filed your taxes or are you still waiting? Taxpayers can request…
Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons
Biden’s Tax Hike Could Hurt Families More Than…
President Biden vowed on the campaign trail that taxes for Americans earning less than $400,000 would not go up, however, now Biden is walking back on that promise. However, that tax threshold only applies to…
Heresy Financial: We Are On the Verge of…
In this video, we look at some of the proposals for the new tax and spending plan. We focus on four that are particularly concerning and could have devastating, long-lasting outcomes.
