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Tag: tax increase

Democrats Want Massive Tax Hikes on Wealthy, Corporations, for $3.5T Plan

(Associated Press) House Democrats unveiled a sweeping proposal Monday for tax hikes on big corporations and the wealthy to fund President Joe Biden's $3.5 trillion...

Thousands of Wealthy Elites Renouncing US Citizenship to Avoid Biden Taxes, Lockdowns

President Joe Biden's plan to soak the rich in order to fund trillions in new welfare entitlements will not be brought fully before Congress...

Bezos Supported Higher Taxes as He Lobbied for Breaks for Amazon

While Amazon oligarch Jeff Bezos called upon Washington D.C. to impose higher taxes on other corporations, his flagship company tried to keep its own...

Amid Historic Budget Surplus, California Raises Gas Tax

(The Center Square) While a handful of California officials deliberate on how to best divvy up a historic $75 billion budget overflow, gas-powered vehicle...

G7 Approves ‘Global Minimum’ Tax to Quell Competition, Benefit Big Tech (and China)

During Friday's G7 meeting at the posh Carbis Bay Hotel in Cornwall, UK, world leaders agreed---in principle---to enact global minimum corporate taxes of 15%...

U.S. Agrees to G7 Plan for Global Minimum Tax on Corporations

The U.S. along with other G7 nations have agreed to set up a global minimum on corporate taxes of 15% in order to stop...

His Billionaire Buddies Will Easily Evade Biden’s Taxes on the ‘Wealthy’

The Biden administration is rumbling again about making tech (and other) billionaires pay at increased capital gains and income tax rates in order to...

Farm-District Democrats Rebel Against Biden’s Death Taxes

House Agriculture Chairman David Scott, D-Ga., said on Wednesday that he opposes President Joe Biden's plan to increase death taxes. Biden wants to almost double...

AMERICANS FOR TAX REFORM: Biden Budget Calls for 30 Tax Increases

(Americans for Tax Reform) President Joe Biden’s Fiscal Year 2022 budget proposal calls for 30 tax increases on American individuals and businesses totaling $2.975 trillion over the next...

Biden’s $6 Trillion Budget Plans to Continue Spending Spree, Soak the Rich

(Headline USA) President Joe Biden's $6 trillion budget proposal promises politically freighted tax increases on the wealthy and corporations and would give domestic Cabinet...

SURPRISE! Actual Cost of Biden’s Spending Plan Far Exceeds Estimates

(Headline USA) As if their $6-trillion-plus price tag weren't bad enough, President Joe Biden’s growing list of federal spending proposals may be even more...

STUDY: Key Biden Policy Will Reduce Annual Household Income By $1,650

(Brad Polumbo, Foundation for Economic Education) President Joe Biden is touting his new $2.3 trillion+ spending plan as a boon to workers, even dubbing it...

Biden Rejects Unity for Unilateralism Yet Again on $2.3T ‘Infrastructure’ Plan

(Headline USA) President Joe Biden is promoting his $2.3 trillion infrastructure plan directly to Americans, summoning public support to push past the Republicans lining...

Biden’s $3T Infrastructure Bill Funded by Major Tax Hikes on Business

(Headline USA) Beyond roads and bridges, President Joe Biden is trying to redefine infrastructure not just as an investment in America the place, but...

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