Silver as an investment

Category Archives: income taxes

House Passes Tax-Reform Bill – 12 Republicans, All Democrats Vote Against

After more than six weeks of frenzied negotiations, the House of Representatives has passed the reconciled version of President Donald Trump's tax plan, leaving only one major hurdle between Republicans and their biggest legislative accomplishment of the Trump era. In a 227-203 vote, the House passed the tax plan over united Democratic opposition, as well […]

Here Is The Full Text Of The Final Republican Tax Bill

Update: in addition to the previously leaked highlights (see below), Republicans on Friday evening released the final version of their legislation to slash tax rates for corporations and individuals. The 1,097 page document, containing the bill and an explanatory statement, was crafted by the House-Senate conference committee. The bill is expected to come up for […]

Realtors Warn Of “Another Housing Crash” If Mortgage Tax Deductions Are Scrapped

After failing miserably if their efforts to repeal and replace Obamacare, Republicans are set to shift their legislative agenda to focus on tax reform when they get back from their generous month-long August recess (taxpayers are such great employers).  Among other things, proposed changes to the personal tax code would include eliminating nearly all tax […]

‘When I say cut taxes, I don’t mean fiddle with the code. I mean abolish the income tax and the IRS, and replace them with nothing’

The quote in the headline comes from Ron Paul, and it should be the goal of every conservative lawmaker in the entire country.  When professional politicians tell you that they are in favor of reforming the tax code or reducing taxes a little bit, essentially what they are telling you is that they are perfectly […]

Stop Financializing the Human Experience

charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, AUGUST 10, 2015 In this financialized hall of mirrors, narcissism replaces identity and the authentic self is rendered incoherent. Correspondent Dani A.M. (of Removing the Shackles) was kind enough to identify three bits of advice from my recent conversation with Max Keiser on Summer Solutions (25:45): (9:20 min: “We’ve been […]

Regulation and Red Tape Cost Us $1.88 Trillion per Year

thedailysheeple.com / Joshua Krause / May 12th, 2015 American’s frequently complain about the amount of income taxes they have to pay every year, and understandably so. Income taxes average between 20-30% for most middle and upper-class Americans. However, US citizens hardly pay the most when compared to the rest of the world. Belgium, for instance, has the […]

Cost of Federal Regulations Are Now $15,000 per Household

thedailysheeple.com / Joshua Krause / May 12th, 2015 American’s frequently complain about the amount of income taxes they have to pay every year, and understandably so. Income taxes average between 20-30% for most middle and upper-class Americans. However, US citizens hardly pay the most when compared to the rest of the world. Belgium, for instance, has the […]

The Tried-and-True Blueprint for Raising Taxes

charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, MARCH 24, 2015 As the global economy slides into recession and the U.S. economy catches a cold, the blueprint for raising taxes will be dusted off in every state. The blueprint for raising taxes in the modern era was first established in 1913 when the federal government instituted permanent income […]

These 7 Firms Paid Their CEO Over 60% More Than Uncle Sam

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. zerohedge.com / by Tyler Durden on 11/19/2014 19:02 Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a new study by Center for […]

The Only Place to Legally Escape US Taxes

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. dailyreckoning.com / Nick Giambruno / Apr 25, 2014 When I hear about strategies that purport to legally allow US citizens to avoid having to pay income taxes, the first thing that usually comes to mind is that it is some sort […]