The Biden administration’s proposal – which the Harris campaign has indicated it supports – to tax investment returns that have not yet been realized is “insane” and “absurd,” economists told Fox News Digital. The Biden-Harris administration’s Treasury Department released its 2025 fiscal year revenue proposals earlier this year, in March. Among the list of tax...
Vice President Kamala Harris laid out her economic plan in a speech Aug. 16, which included a press for Big Government by putting a ban on price gouging for groceries and food, the cancelation of medical debt (what’s next, credit card debt?), a child tax credit to provide $6,000 per child to families for the...
When giving a farewell speech at the Democratic National Convention on Monday, President Joe Biden referenced Vice President Kamala Harris’s role in the passage of the Inflation Reduction Act. “Guess who cast the tie-breaking vote? Vice President soon-to-be President Kamala Harris, and now it’s the law of the land,” Biden said of the $739 billion...
CHICAGO — A pro-life group filed an IRS complaint against Planned Parenthood claiming that its deployment of a mobile abortion van offering free services near the Democratic National Convention violated its nonprofit status this week. The organization, 40 Days for Life, exclusively shared the filings with Fox News Digital on Wednesday accusing the Planned Parenthood...
If you had any doubt that the economic policies of a new Harris administration would slouch toward central planning, they were put to rest with the suggestion of Soviet-style price controls on groceries. Vice President Kamala Harris believes that inflation is the fault of greedy businessmen as opposed to her own administration’s fiscal mismanagement. Profit...
It was my own fault. I had purchased 10 packs of my favorite smokes for about 6 bucks each in West Virginia on my way to the airport last week, but in a very me move I left them in my car. This was bad enough in San Francisco, my first stop, where a package...
CHICAGO — As the Democratic National Convention kicked off on Monday, Vice President Harris called for upping the corporate tax rate as the party’s presidential nominee unveiled her first big ticket proposal to raise revenues. The Harris campaign confirmed to Fox News that the vice president is proposing to raise the rate that major businesses...
The Illinois State Comptroller Office has stopped some funds being allocated to the Village ofDolton over its alleged failure to submit financial records, the latest twist in an ongoing saga where controversial Mayor Tiffany Henyard has been accused of misdeeds, excessive spending and allegations of corruption. The move comes amid reports that the self-described “supermayor”...
“To preserve our independence,” Thomas Jefferson once said, “we must not let our rulers load us with perpetual debt.” Or, as Benjamin Franklin said, in his everyman style, “those who go a-borrowing, go a-sorrowing.” The warning from our founders has fallen by the wayside. Reckless spending by career politicians in Washington has left our nation...
President Biden would sign a bill that would eliminate taxes on tipped wages, the White House said Monday, seeming to agree with a policy first floated by former President Trump. White House press secretary Karine Jean-Pierre stated the Biden administration’s position during a news briefing. “Look, this is something that the president supports,”she said. “He...
