World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Tag: Taxation (page 1 of 5)

What Did Corporate America Do With That Tax Break? Buy Record Amounts Of Its Own Stock

WEB Notes: The mediocre tax cut was never going to put more money into your pocket. Trickle down economics just does not work. But many were fooled and still are, looking past the veil that is placed in front of our eyes by the world can be difficult sometimes. Yet, you must understand how the children of Satan play sides, they lift one side up and drop the other and vise versa. In other news US corporates are in a record amount of debt.

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Supreme Court Rules That States Can Force Online Shoppers To Pay Sales Tax

WEB Notes: If we were not taxed enough already, here comes more. What they say is true, California leads the way for the country. If memeory serves correct, California was the first to do this. California was the first to make a law saying you cannot talk on your phone and drive, I note Texas does the same.

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American Rich Looking To Dodge Property Tax Caps Turn To Alaskan Trusts

WEB Notes: This simply means the state and federal tax code is far too complicated and should be simplified. Who has the time to figure something like this out, much less implement it and stay up on the ever-changing laws? I think we all would love to pay less taxes, but this is not a realistic approach for most.

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Feds Collect Record Individual Income Taxes Through May; Still Run $532.2B Deficit

The federal government collected a record $1,143,141,000,000 in individual income taxes through the first eight months of fiscal 2018 (Oct. 1, 2017 through the end of May), according to the Monthly Treasury Statement released today.

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800,000 People Are About To Flee New York, California Because Of Taxes

WEB Notes: Someone I know paid ~$500 in registration for their new truck. Well the new registration came due, we both wondered how it would hit us… His new registration is ~$900. How about that California! Where will the money go? To the bureaucrats to continue destroying this beautiful land.

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Feds Collect Record Individual Income Taxes Through March; Still Run $599.7B Deficit

WEB Notes: Now hold on here folks, I need to think about this one…. The government gives me and you a tax cut…. Yeah, I have that right…. Now, we all pay a new record amount in taxes…. Something does not compute.

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Top 20% of Americans Will Pay 87% of Income Tax

One of the least discussed parts of America’s income tax is how progressive it is, and the tax overhaul didn’t change that fact. In 2018, top earners will pay a higher share of income taxes.

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China Imposing New Tariffs On U.S. Products In Retaliation Of Trump Tariffs

China says it’s rolling out new tariffs on U.S. meat, fruit and other products as retaliation against taxes approved by President Trump on imported steel and aluminum.

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Federal Reserve Raises Rates As It Weighs Tighter Money Over The Next Few Years

WEB Notes: Raising rates is going to make everything cost a bit more. A new loan for a home means you pay a higher interest rate, which means your monthly payment goes up, which means you can now afford less house for your dollar. Which means the seller will lose more money. Just one small example.

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State and Local Income, Sales and Property Taxes All Hit Records in 2017

WEB Notes: And they are still broke. Maybe, just maybe the problem is not how much taxes we pay… Maybe it is how much money the government spends, (insert sarcasm)!

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Californians Fed Up With Housing Costs And Taxes Are Fleeing State

WEB Notes: They are whitewashing this story. Take it from someone who currently lives in California. People are not leaving the state because the cost of living is high. It has always been high…

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U.S. Expected To Impose Up To $60 Billion In China Tariffs By Friday

WEB Notes: This is going to cause a trade war. You cannot go implement policy with a gun to someone’s head. There have been no negotiations attempted prior to these tariffs. This is a horrible way to go about it and could have serious consequences for the average American.

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