Tag: taxes
Why the ‘Super Wealthy’ Are Fleeing Norway at a Historic Pace
(Jon Miltimore, FEE) In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano,...
As Fuel Taxes Plummet, States Weigh Charging by the Mile Instead...
(AP) Evan Burroughs has spent eight years touting the virtues of an Oregon pilot program charging motorists by the distance their vehicle travels rather...
Hunter Biden Deducted Payments to Prostitutes, Sex Club from His Taxes
(Dmytro “Henry” Aleksandrov, Headline USA) IRS whistleblowers revealed to Congress that Hunter Biden committed another crime by deducting tens of thousands of dollars in payments he made to a prostitute and...
TurboTax Customers to Receive Checks for $141M Settlement
(AP) Millions of Americans who qualified for free tax services — but were instead deceived into paying TurboTax for their returns — will soon...
The Tax Code: A Playground for the Few, A Labyrinth for...
(Antony Davies, American Institute for Economic Research) Each year, Americans pay tax preparers billions of dollars to file our taxes. Though 70 percent of us qualify...
Why Your Tax Refund Could be Smaller This Year
(AP) Expecting a tax refund? It could be smaller than last year. And with inflation still high, that money won't go as far as...
IRS Pushed to Create Free Electronic Tax Filing System for All
(AP) It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline. Many...
Property Taxes Climb 3.6% Across U.S. to $339.8 Billion
(The Center Square) Property taxes levied on single-family homes in the United States increased 3.6% to $339.8 billion in 2022, according to a new...
New IRS Leader Promises Faster, Easier Tax Filing Process
(AP) New IRS Commissioner Danny Werfel delivered a tax-season pledge Tuesday that the agency will use an $80 billion infusion of cash to become...
Why a Big Tax Refund Shouldn’t Excite You
(Peter Jacobsen, Foundation for Economic Education) Why does the IRS issue tax refunds at all? Simply put, you get a refund because sometimes the...
