News for the Federal Employee, Federal Retiree, Military, and Postal Employee. Find updates on COLA's, pay, federal crime,pay raises, retirement living, and federal benefits, and simply the best resource for government workers and government sub-contracrtors ...we define postal employees as being Federal Employees ...and we appreciate your service to our country.
Article Title: Trump promises to make car loan interest deductible
Snippet of Article: "...Former President Donald Trump promised Thursday he would make interest incurred on car loans fully tax deductible during his second term...'This will stimulate massive domestic auto production, and make car ownership dramatically more affordable for millions and millions of working American families,' the former president added."
Article Title: Trump Proposed the Idea. Now a House Democrat Has Introduced Legislation in Support of the Policy.
Snippet of Article: "...Democratic Rep. Steven Horsford of Nevada introduced a Trump proposal on Tuesday, looking to eliminate federal taxes on tips.
“Today, I am proud to be introducing a bill because a disproportionate number of the 6 million tipped workers who are women and people of color make as little as $2.13 cents an hour, which really is poverty wages, at a time when families and workers are trying to afford the cost of living,” Horsford said as he announced the legislation. ..."
Article Title: Harris’s Tax on Unrealized Gains is Only the Tip of a $5 Trillion Tax Iceberg
Snippet of Article: "...Kamala Harris’s campaign recently confirmed that she supports all the nearly $5 trillion in tax increases included in President Biden’s 2025 budget proposal. Among the long list of tax hikes is a novel proposal to tax the unrealized gains of wealthy Americans. As many commentators have noted, such a tax would be economically destructive..."
Article Title: IRS will not officially begin accepting and processing tax returns until Jan. 29
Snippet of Article: "IRS will not officially begin accepting and processing tax returns until Jan. 29, people do not need to wait until then to work on their taxes if they're using software companies or tax professionals. For example, most software companies accept electronic submissions and then hold them until the IRS is ready to begin processing later this month. IRS Free File will also...Where's My Refund? tool..."
Article Title: President Joe Biden will 'PROPOSE' raising taxes on Americans earning more than $400,000
Snippet of Article: "President Joe Biden will propose raising taxes on Americans earning more than $400,000 to boost funding for Medicare and expand the program's ability to negotiate lower costs for prescription drugs in a bid to fix an imminent funding crisis.
Biden, who will release his full budget proposal on Thursday in Philadelphia, said he will propose three key changes including the tax hike and new rules to reduce prescription drug costs. ..."
Article Title: Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
Snippet of Article: "...According to a report from the Institute on Taxation and Economic Policy (ITEP), Amazon (AMZN) will pay nothing in federal income taxes for the second year in a row.
Thanks to the new Tax Cuts and..."
Screwing the lower middle class again. The rich and corporations get richer while you get raped
Article Title: President Trump Wants to Cut Corporate Tax Rate to 15 Percent
Snippet of Article: "...Trump, who made overhauling taxes a pillar of his push for economic growth, has called for a 15 percent tax rate for corporations. The rate now ranges from 15 percent to 35 percent. The average tax rate paid by corporations is around 19 percent to 25 percent, according to the Treasury Department and congressional analysts..."
Article Title: Wall Street near record levels ahead of Trump tax plan
Snippet of Article: "...U.S. stocks hovered near record levels on Wednesday ahead of a highly anticipated tax plan, while a flood of quarterly earnings reports kept investors busy.
President Donald Trump is proposing to slash the corporate tax rate and offer multinational businesses a steep tax break..."
Article Title: Majority Say Save Government Services: Survey
Snippet of Article: "...In the survey conducted for the National Treasury Employees Union (NTEU) by Ipsos Public Affairs, 670 (67%) of the 1000 adults polled, agreed with the statement that, "Congress should raise taxes on the wealthiest Americans before cutting funding for public services such as food and drug safety and border security."..."
