Thursday, December 16, 2021

Build Back Better taxes everyone, not just businesses and the wealthy

Heading into the holidays, Americans are facing soaring energy prices, sky-high inflation and a costly scheme from Washington, D.C.

D.C.'s lurch leftward stands in stark contrast to the 13 states that cut their income tax rates this year. Arizona is leading the pack, reducing the state income tax to a flat rate of 2.5%, the lowest flat tax rate in the country.

Publisher: The Arizona Republic
Author: Victor Riches and Grover Norquist
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Elon Musk tweets to Elizabeth Warren he'll pay highest taxes in US

Business mogul Elon Musk is defending himself from public scrutiny once again. This time, the Tesla CEO is responding to criticism about his income tax.

"Let's change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else," Warren tweeted.

Publisher: USA TODAY
Author: Scott Gleeson
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Judge Rules That Congress Can See Trump's Tax Returns - The New York Times

WASHINGTON — A federal judge on Tuesday dismissed a lawsuit by Donald J. Trump that sought to block Congress from obtaining his tax returns, ruling that the law gives a House committee chairman broad authority to request them despite Mr. Trump's status as a former president.

In a 45-page opinion , Judge Trevor McFadden of the Federal District Court for the District of Columbia held that the Treasury Department can provide the tax returns to the House Ways and Means Committee, which could vote to publish them.

Date: 2021-12-14T23:37:27.000Z
Twitter: @nytimes
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Sewickley officials hold the line on taxes with their 2022 budget | TribLIVE.com

Sewickley property owners will not have to pay more in real estate taxes as part of the borough’s 2022 budget.

Council approved next year’s spending plan and maintained the millage rate at 6.25 mills via 6-2 vote on Dec. 14.

Publisher: TribLIVE.com
Date: 2021-12-15T23:33:52-05:00
Author: Michael DiVittorio
Twitter: @triblive
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Centre County man charged with failure to pay taxes | Crime | theprogressnews.com
Publisher: The Progress
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Comparing Property Tax Systems in Europe, 2021 | Tax Foundation

Today's map shows how European OECD countries rank on property taxes , continuing our series on the component rankings of our 2021 International Tax Competitiveness Index ( ITCI ) .

The ITCI 's property tax component measures and compares the base and amount of real property taxes and whether a country levies further types of property taxes, such as wealth tax es, estate and inheritance tax es, property transfer taxes, corporate asset taxes, capital duties, and financial

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Publisher: Tax Foundation
Date: 2021-12-16T06:50:41-05:00
Twitter: @taxfoundation
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Italy's Fiat need not pay $30 million in back taxes, EU court adviser says | Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Publisher: Reuters
Date: 2021-12-16T10:27:07Z
Author: Foo Yun Chee
Twitter: @Reuters
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County Treasurer Reminding To Pay Real Estate Taxes - ButlerRadio.com - Butler, PA

The Butler County treasurer is reminding residents of some municipalities that the final day to pay county real estate taxes is right around the corner.

Residents in Butler City, Callery, Connoquenessing Borough, Karns City, and West Sunbury must pay their county real estate tax by December 31st.

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Publisher: ButlerRadio.com - Butler, PA
Date: 2021-12-15T10:41:04 00:00
Twitter: @butlerradio
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The Great Inheritors: How Three Families Shielded Their Fortunes From Taxes for Generations —

His treasury secretary had handed him a series of memos detailing the many ways the wealthy were avoiding taxes. Enraged by a rich businessman's schemes, Roosevelt asked his treasury secretary to publicly denounce the man as a "son of a bitch."

Publisher: ProPublica
Author: Patricia Callahan James Bandler Justin Elliott Doris Burke Jeff Ernsthausen
Twitter: @propublica
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