Tag: taxes

House GOP Set to Vote on Bill that Could Lead to End of IRS

~ Randy Harris ~ Leave a comment

1/24/2023 05:17:34 PM Abigail Robertson

Abolish the IRS – that’s what some House Republicans are calling for.  In House Speaker Kevin McCarthy’s (R-CA) efforts to secure the needed support from his party to be their leader, he reportedly promised members of the House Freedom Caucus a vote on a bill that would replace the current federal tax system – including the income tax – with a national consumption tax, which could lead to the end of the Internal Revenue Service. 

While Democrats and President Joe Biden are working to boost the IRS by hiring 87,000 employees over the next 10 years, Republicans have introduced a bill that could do away with the agency entirely. The measure is called the Fair Tax Act. 

“Very few people like paying taxes but if they’re going to pay taxes they would much rather pay a consumption tax as opposed to a property tax or an income tax or a payroll tax,” said U.S. Rep. Buddy Carter (R-GA), who introduced the bill.

Undecided voters pan Harris’ ‘condescending reactions’ as both sides claim win in VP debate

~ Randy Harris ~ Leave a comment

“I might get #cancelled for this, but my undecided focus group doesn’t like how Kamala Harris interacts with her opponent. We saw this in the Dem debates – she is applauded for her knowledge, but they just don’t like her ‘condescending reactions.’  #VPDebate” — Pollster Frank Luntz

https://justthenews.com/politics-policy/elections/undecided-voters-pan-harris-condescending-reactions-vp-debate-partisans

Culture

~ Randy Harris ~ Leave a comment

Since when is it ok to lie, steal and to cheat in polite society? Not one democrat has said one bad word about the Antifa-BLM gang of thieves and thugs. Now that we have a VP running with good old Joe, the race is on to scrub and explain away any far left idea Kamala had promoted. Oh where have you gone morals, decency and truth? I could get all Bible on you and quote several scriptures to back my thought, but let’s just say we have lost our way big time. I long for the days where truth and honesty was a valued trait, and the day whether true or not politicians where called to “serve” the American people not enrich themselves at the teat of government.

Welcome to the most pro death Presidential ticket. A ticket that welcomes the teaching of Islam and bans Bible groups in schools due to the so called “separation of church and state”. Read Jefferson’s letter and get a different view. A ticket that allows protesters turned anarchist to roam the streets at will but closes churches to stop the deadly spread of a virus with the mortality rate lower than the seasonal flu.

If this pair ever get close to 1600 Pennsylvania religious freedom as we know it will be under an extreme attack. Kamala has said if we ever regain power, that is what they want not to govern, we will make Trump supporters pay. Hmmm sounds like a threat to me. Taxes will skyrocket and the dow will plummet to record lows. Israel will have to stand alone against the world. Government run healthcare will return and so will death panels. The equality law will pass and the LGBT fringe (under 4% of the population) will become a protected class of citizens.

I would say all is not lost if the republicans keep the Senate, but we all know they will fold like a broken chair under a 300 lb. lineman.

In the words of that great philosopher and thinker, C’mon man, you got to be kidding me.

Rep. Buck: Actual national debt is $30 trillion, ‘There’s no conversation’ in D.C. about repaying it

~ Randy Harris ~ Leave a comment

‘This troubles me greatly, but all I see is more spending’ with ‘no conversation in Washington D.C. about how to pay this money back,’ Rep. Buck says

Rep. Ken Buck told Just the News that the national debt is $30 trillion when the actions that the Federal Reserve has taken during the pandemic are factored into the total.

“This troubles me greatly but all I see is more spending. So how high do we get? We are going to continue to spend until the markets say enough is enough and nobody buys the bonds and then we have the cliff that we go off of,” Buck said during an exclusive interview.

The government spent $864 billion more than it took in during June, bringing the deficit to a record $2.7 trillion so far this year.

According to Treasury Department data, the debt held by the public is $20.6 trillion, and the total outstanding national debt is more than $26.5 trillion. 

Buck, author of the new book, “Capitol of Freedom: Restoring American Greatness,” said he wrote the book, in part, because progressive politicians want to take the country in the wrong direction.

“I don’t think that our founding fathers would recognize our political system now,” Buck said. “I think that ‘Capitol of Freedom’ really spells that out because our founding fathers intended to realign the relationship between government and the people and the people are in charge of government and that’s something that didn’t exist before the United States Declaration of Independence and Constitution

“So I hope long before then we act responsibly and dial this back. But the reality is that we are at 30 trillion because we’ve authorized the Fed to engage in, you know, debt, accumulating more debt. And so I think that the spending is one of the largest issues to come out of this COVID. And unfortunately, there’s no conversation in Washington D.C., about how to pay this money back,” he also said.

“This group calls themselves progressives. They are regressives. We are moving backwards. We are moving more and more towards a totalitarian system that existed with a monarchy in Europe or some other country, and it’s just unfortunate, but our founders would see so much of what’s going on now in this country as contrary to what they planned,” he also said. by Nicholas Ballasay from JUSTTHENEWS.COM

Tax Cuts

~ Randy Harris ~ Leave a comment

Celebrating America’s Economic Success on the Second Anniversary of Trump Tax Cuts
Two years later, the passage of the Tax Cuts and Jobs Act has done wonders in creating more economic opportunity for the majority of Americans. The reforms that the law ushered in have lowered taxes for the majority of Americans, raised wages, and shown potential for a positive long-term effect on business investments, according to Heritage Senior Policy Analyst Adam Michel. “Between the tax cuts and wage gains, The Heritage Foundation calculated that over the decade following the tax cuts, the typical American household will reap an additional $26,000 in take-home pay or $45,000 for a family of four. That’s more than enough to buy a new car or put a down payment on a house,”