From The Hill..... The House is expected to approve the legislation on Friday and send it to Biden’s desk. Here’s a summary of what’s in the Inflation Reduction Act: ENVIRONMENT, ENERGY AND CLIMATE Businesses would get incentives for deployment of lower-carbon and … [Read more...] about What’s in the Biden Inflation Bill……
Taxes
Senator Sinema ‘Shocked’ that Manchin cut a deal with Schumer without her…..
This is getting to be babyish..... The Democratic Senator KNOWS the outlines of the deal Senator Manchin has made with Senate Majority leader Democrat Schumer..... Is waiting for the guys to kiss her ass? This IS important stuff for America and her party.... And … [Read more...] about Senator Sinema ‘Shocked’ that Manchin cut a deal with Schumer without her…..
The IRS has collected a record amount of tax dollars in past fiscal year….
Intersting, eh? Raising taxes push has THIS thrown at Democrats..... Republicans gonna have a picnic with this.... Making it easier for them to cut back money for IRS enforcement and higher taxes pushes by some in Congress... BUT? These numbers could actually help … [Read more...] about The IRS has collected a record amount of tax dollars in past fiscal year….
The IRS is hiring….
They have got the green light from the Biden admin to go ahead refill slots in small business and high income earner tax checking units... Republicans have always tried to starve on IRS away from collecting tax revenue for the rich.... Democrats have been pushing against … [Read more...] about The IRS is hiring….
Trump Organization likely to be indicted criminally….Update
Update.... The Manhattan district attorney’s office is expected to charge the Trump Organization and its chief financial officer with tax-related crimes on Thursday, people familiar with the matter said, which would mark the first criminal charges against the former … [Read more...] about Trump Organization likely to be indicted criminally….Update
Looks like Biden HAS a ‘possible’ Infrastructure deal….
The Bipartisan frame work has little to do with President t Biden's initial rollout .... It is 1/5 of what Biden wanted to spend.... There are NO new taxes.... And it's JUST about capital spending..... In order to make Democrats happy? There IS gonna have to be … [Read more...] about Looks like Biden HAS a ‘possible’ Infrastructure deal….
Sen. Sanders will not approve higher gas or electric car taxes for infrastructure bill….
Hmmmm? The Senator from Vermont leads the Senate committee that will vote on any final committee bill ... Democrats want a gas tax... Republicans want an electric car tax.... The Biden 'Go BIG ' bill seems to be shrinking by the day.... “What is in the bipartisan … [Read more...] about Sen. Sanders will not approve higher gas or electric car taxes for infrastructure bill….
New Infrastructure Deal will have NO Tax increases?…..
President Biden rolled out his Infrastructure proposal with tax hikes to pay for things.... It WAS supposed to also undo some the 2017 Trump/Republican tax reform thing that actually was a giveaway for the rich and corporations ... THAT is NOT gonna happen it … [Read more...] about New Infrastructure Deal will have NO Tax increases?…..