Economics

Policy: U.S. Economics

GOP Fights Biden Deal That Lets Other Countries Tax US-Based Profits

To negotiation of OCED as Biden Admin cannot override Congress’s tax-writing authority under the Constitution or turn power over to foreign bureaucrats.
IRS Building

New Inherited IRA Rules Mean Heirs Could Be Left With Large Tax Bills

IRS’s new rules on inherited IRA accounts may leave beneficiaries with large tax bills from next year if they do not fulfill withdrawal conditions set out by IRS.
Debunking Myths

It’s All In The Numbers: Deception Through Selection

Obama's Record on Private Sector Jobs President Obama has been touting his jobs record in a very peculiar and specific way, citing millions of "private...

Sen. John Kennedy: Congress has got to reduce the rate of growth of spending...

Congress must reduce the rate of growth of spending and reduce the rate of growth of debt accumulation if it wants to stop inflation proves Kennedy while grilling Powell.
U.S. Chamber of Commerce

What’s the Word From the U.S. Chamber of Commerce

The U.S. Chamber of Commerce is the world’s largest business organization representing the interests of more than 3 million businesses of all sizes, sectors,...
House Committee on the BUDGET

The Impoundment Control Act of 1974: What Is It? Why Does It Matter?

What is the Impoundment Control Act? The Congressional Budget and Impoundment Control Act of 1974 (ICA) reasserted Congress’ power of the purse. Specifically, Title X...

If only SVB management had known the difference between a banking textbook and an...

On the Senate floor, Louisiana Republican Senator John Kennedy slammed President Biden for "bailing out" three banks, including Silicon Valley Bank (SVB).
The Internal Revenue Service (IRS) building in Washington on June 28, 2023.

IRS Offering Taxpayers Special Tax Credit in 2024

Individuals making less than $36,500 annually can save up to $1,000 in taxes if they contribute toward their retirement.
Elizabeth Warren Medicare For All Plan

Elizabeth Warren and her Medicare For All plan will effect jobs and so much...

Sen. Elizabeth Warren, D-Mass., said Friday in Iowa that private health insurance workers who lose their jobs under her government-run health care plan could work for life or...

Obama’s Soviet Mistake

By Xavier Lerma - Pravada RU ~ Putin in 2009 outlined his strategy for economic success. Alas, poor Obama did the opposite but nevertheless was...

The American Tax System, Explained in Beer! By Johnston Grocke

Johnston Grocke looks at the American Tax system and makes it simple by explaining it in a way that everyone understands!
Joe Rogan Experience

Joe Rogan Says ‘No Way’ to CBDCs: ‘Checkmate. That’s Game Over’

Joe Rogan slammed idea of an American CBDC, declaring that if a digital U.S. dollar was forced on Americans, it would be “checkmate” and “game over” for country.