income tax Archives

IRS Has Collected $1.3 Billion from Rich Tax Cheats

September 6, 2024 Buck Banks

$1.3 billion

“The IRS has collected $1.3 billion from high wealth tax dodgers since last fall, the agency announced Friday, crediting spending that has ramped up collection enforcement through President Joe Biden’s signature climate, health care and tax package signed into law in 2022,” the AP reports.

The Tax Plan Cometh

February 13, 2017March 17, 2017 Buck Banks

The hit on the rich will be nominal,
The effects on the lower brackets, abominable.
With a guy from Goldman Sachs
Rejiggering the income tax,
It’s no wonder Trump says it’ll be “phenomenal.”

Clinton Paid 34% in Taxes in 2015

August 12, 2016 Buck Banks

34%

The effective tax rate Hillary Clinton and her husband, former President Bill Clinton, paid in 2015; they donated nearly 10% of their gross income to charity, the campaign said in a statement. “Hillary Clinton released her 2015 personal tax return on Friday, further pressuring Republican opponent Donald Trump, who has spurned a decades-old tradition by refusing to release any of his returns,” the Wall Street Journal reports.

Tag: income tax

IRS Has Collected $1.3 Billion from Rich Tax Cheats

$1.3 billion

“The IRS has collected $1.3 billion from high wealth tax dodgers since last fall, the agency announced Friday, crediting spending that has ramped up collection enforcement through President Joe Biden’s signature climate, health care and tax package signed into law in 2022,” the AP reports.

The Tax Plan Cometh

Clinton Paid 34% in Taxes in 2015

34%

Poetic Justice

Verbatim

“Yes they can control the weather. It’s ridiculous for anyone to lie and say it can’t be done.”

— Rep. Marjorie Taylor Greene (R-GA), accusing Democrats of creating Hurricane Helene for political purposes.

“Liberty in Georgia includes in its meaning, in its protections, and in its bundle of rights the power of a woman to control her own body, to decide what happens to it and in it, and to reject state interference with her healthcare choices.”

— Fulton County Superior Court Judge Robert McBurney finding that Georgia’s six-week abortion law violates Georgia’s Constitution, reports the AP.

“Maybe we’ll pay off the $35 trillion US debt in crypto. I’ll write on a little piece of paper ‘$35 trillion crypto we have no debt.’ That’s what I like.”

— Donald Trump, floating a plan to address the federal budget deficit and demonstrating his deep understanding of the crypto marketplace.

“To my friends in Nebraska, that one electoral vote could be the difference between Harris being president and not, and she’s a disaster for Nebraska and the world.”

— Sen. Lindsey Graham (R-SC), quoted by Politico, on his trip to Nebraska to push for the state’s Republican leadership to change how it awards its electoral votes.

“I will if he does. That’s a trade-off I’d do.”

— George Clooney, on Jimmy Kimmel Live, responding to Donald Trump’s call for him “to get out of politics.”

Numerati

254,000

“The pace of hiring picked up strongly in September and the unemployment rate ticked down to 4.1%, signs the economy had continued momentum in a month the Federal Reserve delivered its first interest-rate cut in four years,” the Wall Street Journal reports.

49% to 44%

A new Susquehanna poll finds Kamala Harris leading Donald Trump nationally among likely voters, 49% to 44%.

40 trillion

$55 million

Kamala Harris raised about $55 million in high-dollar events in California this weekend, a haul that pads her financial advantage over Donald Trump, Bloomberg reports.

57%

A new NBC News poll finds about 57% of voters report feeling negatively about Project 2025, with 51% saying they see the proposal “very” negatively and another 7% saying they view it “somewhat” negatively. Just 4% of voters reported viewing the conservative policy plan positively.