Thursday, July 22, 2021

IRS estimates of unpaid taxes are 'unfounded,' says Rep. Kevin Brady

Rep. Kevin Brady said the IRS shouldn't receive more enforcement funding because estimates of unpaid taxes are "unfounded."

President Joe Biden has proposed investing $80 billion in new technology and more auditors to increase tax collections by $700 billion over 10 years.

Publisher: CNBC
Date: 2021-07-22T15:48:16 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Blunt Slams Democrat Plan to Raise Taxes on Farm Families to Pay for Reckless Spending Spree |

WASHINGTON – Yesterday, U.S. Senator Roy Blunt (Mo.

"Mr. President, a lot of time when people come to Washington, they come up with ideas for new policies, and they have a theory as to how those policies are supposed to work. What they don't always know are the unintended consequences of what that law is going to produce.

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Henderson pursuing new mass foreclosure to recover back taxes, liens | Eyewitness News (WEHT/WTVW)

HENDERSON, KY – For the third time in a little more than five years, the City of Henderson is pursuing a mass foreclosure action to recover back taxes and code enforcement liens.

The mass foreclosure to be filed will contain 20 suits that once again involve a combination of delinquent property taxes and liens or delinquent property taxes exclusively.

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Publisher: Eyewitness News (WEHT/WTVW)
Date: 2021-07-22T16:29:57 00:00
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Is there a 'victory tax' on gold medals?

The more than 600 athletes on Team USA converging on Tokyo for the Olympic Games are, by definition, separate and apart from the rest of America's population.

They have unique mixes of skill, strength and speed that enable them to compete with the elite on a premier global stage as millions watch (albeit not from the stands due to pandemic-related restrictions).

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Publisher: MarketWatch
Date: 2021-07-22T00:03:00-04:00
Author: Andrew Keshner
Twitter: @marketwatch
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Report states New Mexicans owe millions in unpaid taxes

SANTA FE, N.M. (KRQE) – New Mexico lawmakers are learning about the growing amount of money the state is missing out on from unpaid taxes .

An updated report outlining the state’s estimated uncollected taxes was the recently outlined in the LFC’s July 2021 newsletter. State tax collection employees estimate the state is missing out on more than 743-million dollars in uncollected taxes each year.

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Publisher: KRQE NEWS 13 - Breaking News, Albuquerqeu News, New Mexico News, Weather, and Videos
Date: 2021-07-22T16:41:36 00:00
Author: Chris McKee
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Boca taxes will go up if beach and parks plan passes - South Florida Sun-Sentinel

BOCA RATON — Boca Raton residents could soon be paying more in taxes if a proposed millage increase passes.

The new rate proposed by the Greater Boca Raton Beach and Parks District — an independent taxing district separate from the city council — would be 1.05%, up from the current rate of 0.8818%.

Publisher: sun-sentinel.com
Date: AAC9C18F70AC386BC4DCF4DDF9BF1786
Author: Austen Erblat
Twitter: @SunSentinel
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Hoboken approves amendment to municipal budget that cuts property taxes by 2.8% - nj.com

Hoboken property owners would see their municipal tax rates decrease under the latest version of the budget. (Reena Rose Sibayan | The Jersey Journal)

Whether it was coincidence or choice, Hoboken residents reaped the benefit Wednesday night when the Hoboken City Council approved an amendment to the 2021 municipal budget that slashed property taxes by 2.83%. In April, the city introduced a budget that kept taxes stable.

Publisher: nj
Date: 2021-07-22T19:55:27.839Z
Author: twestjj
Twitter: @njdotcom
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Dorit and PK Kemsley owe $1.3 million in unpaid taxes: report

“Real Housewives of Beverly Hills” cast member Dorit Kemsley and her husband, Paul “PK” Kemsley, reportedly owe more than $1.3 million combined in unpaid taxes dating back to 2015.

According to documents obtained by The Sun , PK, 53, has two active solo tax liens in the State of California: one for $293,222.73 from back in 2015 and a second for $289,423.67 from October 2018.

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Publisher: Page Six
Date: 2021-07-22T19:29:45 00:00
Twitter: @pagesix
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