Feds Collect Record Tax Income, Still $500B+ Deficit
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Feds Collect Record Tax Income, Still $500B+ Deficit

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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…

Panama Papers Fallout Finally Wafts Over U.S. Banking

Panama Papers Fallout Finally Wafts Over U.S. Banking

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Juliegrace Brufke The Department of the Treasury is expected to move on a rule proposed in 2014 requiring banks to look into the identities of those who hold shell company accounts in the wake of the release of the Panama Papers. The leak of more than 11.5 million confidential documents from Panamanian law firm Mossack Fonseca exposes a number…