Returning to a simple tax code will create jobs and raise money for the government by having all contribute at a lower tax rate than the current code. The 1913 Form 1040 was 4-pages with few deductions. It’s still online and able to be immediately modified. The present federal income tax code creates a massive amount…
By Fred Lucas The Internal Revenue Service seized $446,000 from the bank accounts of brothers Jeffrey, Richard, and Mitch Hirsch in 2012, claiming a “structuring” violation against the owners of Bi-County Distributors Inc. for making multiple bank deposits of less than $10,000. The government never charged them with a crime, nor gave them a hearing to enable…
By Lee Friday Rape and murder are violent acts. Ordinary citizens consider these to be far more serious offenses than acts of theft. Accordingly, as we allocate limited resources to solving all offenses, our expectation is that rape and murder will be given top priority. However, the actions of politicians and bureaucrats appear to reflect…
Joshua Gillon Republish Reprint The Satanic Temple announced Wednesday that the IRS granted it tax-exempt status as a religious nonprofit, claiming it as a victory against theistic organizations’ “exclusive rights.” The Satanic Temple claimed in a social media post that its new status would place it on equal footing with other religious organizations, giving it…
Tim Pearce on January 17, 2019 House Democrats are questioning the legality of a Department of the Interior (DOI) decision to call back thousands of furloughed employees to work on offshore drilling permits. A trio of Democrats sent a letter to the acting Secretary of the Interior David Bernhardt Wednesday, alleging that the Bureau of Ocean Energy Management…
Michael Bastasch on December 14, 2018 The Treasury Department announced it would phase out electric vehicle subsidies for Tesla buyers at the beginning of 2019, and by 2020, those tax subsidies would completely disappear. It’s an announcement the Treasury Department’s Internal Revenue Service (IRS) will be making more of in the coming years as automakers…
“What’s the Deal?” asks Cardi B. In a controversial Instagram post published earlier today the meteoric artist, Cardi B, expressed her displeasure with government fiscal policy. Watch here: Citing the lack of visible return on investment, this hip hop artist asks what many of us are thinking every year come tax season, “Where is my…
LISTEN TO TLR’S LATEST PODCAST: By Juliegrace Brufke Former Democratic Rep. Corrine Brown of Florida was found guilty Thursday of 18 of the 22 charges brought against her in a corruption case. The charges include conspiring to commit mail and wire fraud, lying on financial disclosure forms, obstructing the IRS, taking money from a charity that claimed…
LISTEN TO TLR’S LATEST PODCAST: By Juliegrace Brufke California Democrat Rep. Eric Swalwell slammed President Donald Trump by using three lines and 17 non-rhyming syllables to blast the president’s decision not to release his tax returns on National Haiku Day Monday. Swalwell, a vocal critic of Trump and member of the House Intelligence Committee, called…
LISTEN TO TLR’S LATEST PODCAST: By Kody Fairfield The federal government collected record amounts of both individual income taxes and payroll taxes through the first six months of fiscal 2017 (Oct. 1, 2016 through the end of March), according to the Monthly Treasury Statement, reports CNSNews. The report explains that through March, the federal government collected…