Tag: Taxes
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Stop Rex from Crying!
Episode 8 Value 4 ValueListen to this on Podfriend Shownotes I cover all the stories and more from the past week. Plus if you listen closely you might hear one of my dogs crying because she wants to be let into my office while I’m recording. I start out with our Secretary of HHS spewing…
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BREAKING NEWS: ProPublica uncovers income tax taxes income
People think high income people don’t pay income tax. It’s absolutely untrue. People with high incomes pay high income taxes. Smart people who make a lot of money don’t make their money as “income.” If they even receive a paycheck they make it while making money in ways that don’t show up on a Form…
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Delta uses taxpayers to restructure its business
How about that. Did you know tax payer dollars helped Delta Airlines to totally restructure their business? the company received $5.6 billion in federal aid from the CARES Act last year. It also got $3.3 billion from the second round of relief funding this year and $3.1 billion from the American Rescue Plan, which included some federal loans. ajc.com…
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Stop all welfare… all of it. Unless it’s UBI then I want my share
I’m against all government subsidies. I’m against handing out taxpayer dollars to private entities of all kinds. Government should not deciding what industries thrive and which get deprecated to the dustbin of history. What I will take is the proposed Universal Basic Income (UBI). First because I have paid a disgusting amount in taxes over…
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Where’s my money?!?
The IRS is still holding my money and there doesn’t seem to be a sign on when they’ll send it back. Maybe they’re having trouble finding enough cash because of all the trillions upon trillions we’re spending. At least I’m not alone. This year a host of problems rooted in the Covid-19 pandemic have led…
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Illinois Governor JB Pritzker increases pension obligations
How do you take a pension system that is only 18.4% funded and make it solvent? Well, you make the pensions more generous of course. Previously, a Chicago firefighter born on or after Jan. 1, 1966, would receive a non-compounding annual 1.5% cost-of-living adjustment to his or her pension, with a lifetime limit of 30%.…