And yet it the Fed itself is exempt from taxes Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings, according to the government website, federalreserve.gov, which outlines rules on taxation …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “July proved to be a tough month for chain restaurants,” the report said. Foot traffic at chain restaurants fell 4.7% in July year-over-year. Same-store sales fell 2.8%, the 17th month in a row of year-over-year declines, …
By Michael Snyder 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 …
by 911bodysnatchers322 All these crazy people in California are railing against Trump thinking he’s a draconian monster when in fact this may be a better deal than even Bernie Sanders could have mustered. Has Sanders come out to say …
by Jim Quinn This isn’t actually a shocker. When 40% of the working age population doesn’t work and another 10% only hold part-time jobs, they aren’t paying any Federal Income taxes. They are paying sales taxes, gasoline taxes, excise taxes, …