Most people think the IRS writes the tax book... They do NOT.... Congress does... (It's actually in the Constitution) Specifically the US House.... (House Ways and Means Committee) With 'tax the rich and big business' part of initial Biden spending package … [Read more...] about The rush by the US House to rewrite the tax code…..
US tax code
Like Big Business…Rich people pay little to NO taxes..
A look at what the iconic 'rich guys' tax data just confirms the above.... *The 'look' seems to have come from data from internal IRS files , which is NOT suppose to happen..Ref: Donald Trump?*) The Middle Class people of America pay the governments bills.... There is … [Read more...] about Like Big Business…Rich people pay little to NO taxes..
Donald Trump tax records 1985-1994…Losing money to the tune of OVER One Billion Dollars…
The New York Real Estate guy who boasts of being a great deal maker? Paid no taxes for a decade... Loss TONS of money ($1.17 billion).... Had mystery money prop him up ... And had his father keeping from going under in addition to others.... Folks? Donald Trump … [Read more...] about Donald Trump tax records 1985-1994…Losing money to the tune of OVER One Billion Dollars…
The Trump tax cuts increased the standard deduction and cut your ability to deduct charitable donations…
Are charities gonna feel a cut in giving? One huge change this year is in the tax code. The Trump tax cuts increased the standard deduction and therefore make it less likely that you'll be able to deduct your charitable donations. Only about 11% of households are likely to … [Read more...] about The Trump tax cuts increased the standard deduction and cut your ability to deduct charitable donations…