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Keyword: taxcode

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  • Ryan video: We need to simplify the tax code so you could file on a postcard

    04/19/2017 9:44:09 AM PDT · by Sean_Anthony · 31 replies
    Canada Free Press ^ | 04/19/17 | Dan Calabrese
    An idea so great . . . we've heard it many times before. Now will someone please make it happen? Not remarkable: A Republican officeholder says the tax code should be simplified to the point where you could file your taxes on a postcard. We’ve been hearing this since the days of Ronald Reagan at least (maybe people were saying it before that but I would have been too young to remember), and it’s one of the few policy ideas that Republicans of all stripes can agree on, at least in theory. That said, no one has ever advanced a...
  • Looking a gift Hawg in the mouth

    01/31/2017 7:28:57 PM PST · by lightman · 10 replies
    Self | 31 January 2017 | lightman
    I knew that would get your attention! So, tonight I'm a fly on the wall at the United Way of York County (PA)Campaign Victory Celebration, watching the "lucky" donors whittle down to the final two, one of whom will receive a $30,000.00+ loaded up Harley and the other who will receive a $3000.00 travel voucher from AAA. There are two finalists. I know one of them....Lynn Henry, one of sons of Spring Grove area schoolteacher who lived past her 101st birthday, who followed in his mother's footsteps and taught in the Dallastown Schools for a long time before retirement. And,...
  • Morning Joe: If you're mad at Trump for following the tax code, you're a 'freaking hypocrite'

    10/04/2016 12:12:46 PM PDT · by Sean_Anthony · 18 replies
    Canada Free Press ^ | 10/04/16 | ROBERT Laurie
    There's no such thing as a tax loophole I’ve argued, on several occasions that there’s no such thing as a tax loophole. It simply doesn’t exist. There’s the tax code as written. That’s it. Nothing more, nothing less. The term “tax loophole” is a loaded term used by liberals who want to imply that someone has committed the crime of tax evasion when they haven’t. What they’re really doing is attacking successful people for being smart enough to know the tax laws and follow them.
  • Court’s smackdown of Obama is about more than just transgender policies

    08/23/2016 2:55:59 PM PDT · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 08/23/16 | Dan Calabrese
    It's about the abuse of the tax code to undermine federalism and the constitutional separation of powers You probably saw yesterday - and maybe you celebrated - the news that a federal judge has ordered a nationwide halt to the Obama policy of requiring states, cities and school districts to accommodate “transgender” bathroom usage or face the loss of federal funds. It’s certainly good news that the transgender nonsense has suffered a defeat. But if you think that’s all this is about, you’re missing a much larger point. Obama and the Democrats don’t even really care all that much about...
  • Donald Trump VP Announcement Speech 7/16/16 (Donald Trump on the "Johnson Amendment")

    07/19/2016 9:01:10 PM PDT · by gspurlock · 36 replies
    World News Daily account on Youtube ^ | Published on July 16, 2016
    If I had any lingering doubts about Donald Trump being the best possible candidate for President, he erased them with his announcement of Mike Pence as his preferred VP. It is not about Mike Pence, although he is a great selection. Go to 13:40 in his announcement speech. At that point in the speech, Mr. Trump explains the "Johnson Amendment". This was an amendment to the US Tax code in 1954 proposed by Senator Lyndon B. Johnson and eventually passed that prohibited Pastors, Ministers and Priests from addressing political issues in their sermons on the penalty of losing their tax...
  • Trump doubles-down on allies paying more for US protection, vows to repeal ObamaCare

    04/03/2016 6:10:02 PM PDT · by Innovative · 53 replies
    Fox News ^ | April 3, 2016 | Fox News
    Republican presidential candidate Donald Trump doubled-down Sunday night on his comments that the US should “do a better deal” with Japan, South Korea and other allies, saying they should pay more for America’s protection while taking a greater role in their defense — including building their own nuclear weapons "If you start raising that minimum wage, you're going to make a lot of our companies even more non-competitive," he said. Trump also delved into his plans to change the nation's tax code by "simplifying" it. He also renewed his promise to repeal ObamaCare — though he again wouldn’t offer specifics...
  • Huckabee offers Obamacare shooting targets

    01/07/2016 5:59:14 PM PST · by Tolerance Sucks Rocks · 6 replies
    The Washington Examiner ^ | January 6, 2016 | Paul Bedard
    Republican presidential candidate Mike Huckabee didn't just blast President Obama's new gun control initiative and move on, he's produced three shooting targets for opponents to aim their fire directly at the administration. "Americans should go out and buy a new gun – and to improve your accuracy, you can take aim at Washington stupidity, blow holes in ridiculous government programs and shred our unfair tax code with a customized shooting target," said the former Arkansas governor and shooter.
  • Significantly Simplifying The U.S. Tax Code, And Other Hopeful Myths

    12/02/2015 8:57:32 AM PST · by Sean_Anthony · 9 replies
    Canada Free Press ^ | 12/02/15 | Bob Christie
    Do you really believe there will be a significant simplification of the U.S. tax code under any not-so-freely elected government? Determining the length of a book is a simple matter . . . just open the back cover and look at the last page for the answer. Not so with the U.S. tax code, apparently. Google the question, “How many pages in the tax code?” Many answers appear. It could be as many as 75,000 pages, or just a few percentage points of that number, depending on who is answering the question and the motive for obtaining your acceptance of...
  • Ted Cruz says U.S. tax code has more words than the Bible

    11/11/2015 8:20:49 AM PST · by Isara · 29 replies
    Politifact ^ | Tuesday, November 10th, 2015 | Louis Jacobson
    Ted Cruz was one of the participants in the Republican presidential debate in Milwaukee on Nov. 10, 2015. During the Republican presidential debate in Milwaukee, Ted Cruz compared two volumes -- one beloved by many, the other loathed by almost everybody. "There are more words in the IRS code than there are in the Bible -- and -- and not a one of them is as good," Cruz said. Our New Jersey affiliate checked a similar claim on length in 2013, so we’ll apply their research to Cruz’s claim here. How long is the tax code? A 2010 report...
  • [Trump, Pay Attention]: Bush's Tax Plan Goes Long Way Toward Restoring 4% Growth

    09/10/2015 7:17:34 AM PDT · by Jim 0216 · 98 replies
    Investor's Business Daily ^ | 09/09/2015 | LAWRENCE KUDLOW AND STEPHEN MOORE
    Bush's plan starts by slashing tax rates. He'd return to the top personal income tax rate of 28% that America had when Ronald Reagan left office. That top rate, by the way, was a true bipartisan reform designed in part by congressional Democrats like Bill Bradley and Dick Gephardt. The rate has since migrated up to 42%, with many Democrats longing to tax the rich well above 50%. Middle-class tax rates would fall to 10% for families with incomes up to $89,000 and to 25% for incomes up to $163,800. For singles, the thresholds are lower. But the thresholds are...

    09/07/2015 12:45:22 PM PDT · by Hojczyk · 93 replies
    Breitbart ^ | September 7, 2015 | by PAM KEY
    167 Monday at an AFL-CIO Labor Day event in Pittsburgh, Vice President Joe Biden ranted about the economy as it pertains to the American labor force. Biden said, “We can’t let the changes that have taken place and crept in for the last twenty years— but they have been devastating for workers. I hope everybody in America has a chance to become millionaire and we need billionaires. But let me tell you something, man, The tax code’s not fair. It’s simply not fair. The wealthy aren’t paying their fair share. It used to be one America everybody was in on...

    08/22/2015 4:25:30 PM PDT · by Hojczyk · 67 replies
    Breitbart ^ | August 22, 2015 | IAN HANCHETT
    16 Republican presidential candidate Donald Trump declared, “I think flat tax is okay” on Friday’s broadcast of the “Matt Murphy Show” on Birmingham, AL’s WAPI. Trump said, “Who knows taxes better than me?” He continued, “You know, when they talk about fixing the tax, it’s so complicated, that people have to go and use H&R Block to do a $50,000 — a man who makes $50,000 has to spend money –.” Host Matt Murphy then cut in to ask Trump if he supports the fair tax. Trump answered, “Well, I think fair tax is okay. And I think flat tax...
  • Video: Rand Paul burns, woodchips, and chainsaws the U.S. tax code

    07/21/2015 3:25:47 PM PDT · by Kaslin · 24 replies
    Hot ^ | July 21, 2015 | ALLAHPUNDIT
    This clip would feel so different if Rand was sitting at 15-20 percent in the polls right now, smack dab in the middle of the top tier, with a huge Super PAC haul under his belt. Imagine it. With the media in early panic mode about Republicans nominating a crazed libertarian who’d take a wrecking ball to government as president, here Rand would be, goofing on the hysteria behind that image while also winking at his supporters that he might in fact be the wrecking ball the left fears. The vid would, essentially, be a form of “kidding on the...
  • 5 Mistakes That Will Lead To The Fall of America

    06/27/2015 6:15:27 AM PDT · by Kaslin · 50 replies ^ | June 27, 2015 | John Hawkins
    Thousands of years after the Roman Empire fell, people are still speculating about how such a powerful empire became too feeble to defend itself. Did it become corrupt? Was its taxes too high? Was it widespread lead poisoning? The refusal to break up tribes it assimilated? Was it the loss of traditional values? Did it over-expand? There are all sorts of theories, but nobody really knows. However, if American falls, historians won’t have to speculate because the problems that are destroying our country are right there for anyone to see. You want to know how to break the greatest nation...
  • Presidential candidate Rand Paul plans to ‘blow up’ tax code

    06/18/2015 7:16:27 PM PDT · by Olog-hai · 30 replies
    Associated Press ^ | Jun 18, 2015 9:16 PM EDT | Steve Peoples
    Republican presidential candidate Rand Paul called Thursday for a “fair and flat tax” that would “blow up” the nation’s tax code, offering a proposal his campaign said would cut taxes by $2 trillion over the next decade. The first-term senator from Kentucky released the outline of a plan to institute a 14.5 percent income tax rate on all individuals, as well as a tax of the same rate on all business revenue. It was among the first major policy proposals released by Paul’s presidential campaign, although he did not make the full plan available for review. […] In a column...
  • Hillary Clinton pledges to rewrite tax code if elected U.S. President

    06/13/2015 11:15:45 AM PDT · by NormsRevenge · 47 replies
    Reuters on Yahoo ^ | 6/13/15 | Lisa Lambert and Alistair Bell
    (Reuters) - Appealing to working families in her first major campaign speech, U.S. Democratic presidential candidate Hillary Clinton said on Saturday she would rewrite the U.S. tax code if she is elected so that it rewards hard work, and not quick equities trades or money stashed away overseas. She also pledged to establish a national infrastructure bank financed by bonds, an idea championed by President Barack Obama, a fellow Democrat.
  • Why Breaking Up (the Tax Code) Is So Hard to Do

    01/07/2015 7:18:59 AM PST · by SeekAndFind · 45 replies
    e21 ^ | 01/07/2015 | Caroline Baum
    Everyone wants tax reform. At least we pay lip service to the idea that the U.S. economy would be better off with lower rates, a simpler code, and fewer loopholes. Yet something everyone claims to support has proved elusive time and again. Why? For starters, it's not clear that everyone's idea of tax reform is the same. Corporations want lower statutory rates; they are less enthusiastic when it comes to sacrificing their bought-and-paid-for tax breaks. Liberals want an even more progressive tax code, with higher rates on the wealthy. Conservatives want to reduce anything that looks, smells, or acts like...
  • Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

    09/16/2014 11:27:00 AM PDT · by Kaslin · 6 replies ^ | September 16, 2014 | Daniel J. Mitchell
    ’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth.Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the system is very punitive on a per-dollar-raised basis.For more information, the Tax Foundation has put together an excellent report measuring international tax competitiveness.Here’s the methodology. The Tax Foundation’s International Tax Competitiveness Index (ITCI) measures the degree to which the 34 OECD countries’ tax systems promote competitiveness through low tax burdens on business investment and neutrality through...
  • The IRS: A Public Monument to Sandra Fluke's Privates

    07/26/2014 4:54:09 AM PDT · by Kaslin · 15 replies ^ | July 26, 2014 | John Ransom
    At 74,000 pages, the IRS code is a mind-boggling ode to lobbying, pork-barrel spending and graft. These are the only good things that I can say about the IRS. Ode may be too friendly a word, however. Let’s instead call it an incantation for our country. Because the code holds a country in thrall like the winged monkeys in Dorothy’s Oz were held. And until the witch is dead, we monkeys must do her bidding. Politicians, economists and ordinary citizens can’t follow the tax code, which has tripped up cabinet nominees, majority leaders and others who ought to know...
  • Rumsfeld: 'I know I don't know' if my tax return was done accurately

    04/15/2014 5:09:17 PM PDT · by SeekAndFind · 32 replies
    The Hill ^ | 04/15/2014 | Blake Neff
    Former Secretary of Defense Donald Rumsfeld filed his taxes on Tuesday with an added twist: a letter telling the IRS that he had no idea whether his return was, in fact, accurate. “Despite the fact that I am a college graduate and I try hard to make sure our tax returns are accurate...I know that I do not know whether or not my tax returns are accurate, which is a sad commentary on governance in our nation's capital," Rumsfeld's letter reads.The letter’s phrasing appears to allude to Rumsfeld’s famous “unknown unknowns” statement in 2002, when he said, in reference to...