Tag: taxes

Democrats’ push for $50,000-per-year journalist tax credit sparks GOP ‘media collusion’ accusations

Democratic efforts to include a special $50,000-per-year journalist tax break within President Biden’s $3.5 trillion spending package have sparked accusations of “media collusion.”

Sen. Ron Johnson argued the tax credit would create an improper relationship between the federal government and the nation’s leading media outlets. Such relationships, according to the Wisconsin Republican, could be exploited for propaganda purposes.

“Not only is this proposal a grotesque waste of taxpayer money,” said Mr. Johnson, “it would be a dangerous precedent of government collusion with the media. Biden’s collusion with the press has already caused enough damage to freedom of speech and freedom of the press.”

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Budget Bill Devotes Billions to New ‘Civilian Climate Corps’

Since President Joe Biden took office, he and some congressional Democrats have pushed strongly for the creation of a New Deal-style initiative: the Civilian Climate Corps (CCC).

On Friday, congressional Democrats unveiled text from the more than 2,000-page reconciliation bill. Among its many appropriations, the new CCC will receive a substantial appropriation.

President, Progressives Have Long Fought for the Program

The broad strokes of the program were introduced by Sen. Bernie Sanders (I-Vt.) when he unveiled his $3.5 trillion budget on the Senate floor in early 2021.

The CCC, Sanders said, would give young people the opportunity “to get decent pay and to roll up their sleeves … in order to combat climate change.” For Sanders, this program was only a part of a wide-ranging slew of policies “to combat climate change.” Since then, others have joined with Sanders in supporting the initiative.

Most significantly, the proposal got a green light from the White House. At his April address to congress, the commander-in-chief tied “meeting the climate crisis” to the creation of new jobs.

“For me, when I think climate change I think jobs,” the president explained.

Senate Majority Leader Chuck Schumer (D-N.Y.) also put his weight behind the proposal, promising during a press conference to “fight to get the boldest CCC possible.”

Schumer was joined by Rep. Alexandria Ocasio-Cortez (D-N.Y.), who drafted the controversial Green New Deal. The congresswoman took to the stage to defend the CCC.

“What if [the CCC] led to tens of thousands of new trails in our national forests and park service?” she asked rhetorically. Ocasio-Cortez continued, “This isn’t something we have to imagine doing—that was the record of the original [New Deal-created] Civilian Conservation Corps in 1938.”

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Joe Biden Could Owe as Much as $500,000 in Back Taxes For Improperly Using “S Corporations” to Avoid Paying Medicare Taxes on Speaking Fees

For all the noise about Trump’s taxes, it looks like “middle class” Joe Biden, AKA, “The Big Guy,” is the one who improperly avoided paying taxes before being installed in January.

According to a new report, multi-millionaire Joe Biden could owe as much as $500,000 in back taxes on speaking fees and book sales in 2017 and 2018.

“Joe Biden wants to raise taxes by $2.1 trillion while claiming the rich need to pay their ‘fair share.’ But in 2017, multi-millionaire Joe Biden skirted his payroll taxes — the very taxes that fund Medicare and Obamacare,” said Rep. Jim Banks (R-IN), chairman of the conservative Republican Study Committee.

“According to the criteria CRS provided to my office, he owes the IRS and the American people hundreds of thousands of dollars in back taxes,” Banks said. “Every American should know about Joe Biden’s tax hypocrisy.”

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Team AOC Promotes ‘Tax The Rich’ Merchandise Collection After Met Gala Stunt

Rep. Alexandria Ocasio-Cortez’s (D-NY) campaign is promoting “Tax The Rich” merchandise from her campaign store following her stunt at the Met Gala last week.

Team AOC “launched an email campaign Tuesday night offering up a policy paper” and re-upping her “‘Tax the Rich’ merchandise pitch,” according to the Boston Herald. The line first launched in December 2020.

“Whether the message is on a sweatshirt or something more formal, the facts are the same,” Team AOC said in its email to supporters, promoting the line. “In order to reshape our economy and make it work for all of us — not just those who can self-fund their trips to space — we absolutely must Tax the Rich.”

Ocasio-Cortez’s team decided to promote the “Tax The Rich Collection” after she wore a dress to the Met Gala emblazoned with the message “Tax The Rich.” While Ocasio-Cortez insisted that the dress was a message to the attendees of the Met Gala, the self-described democratic socialist received heavy criticism for seemingly hobnobbing with the class of people she claimed to be against.

According to her campaign website, Ocasio-Cortez’s “Tax The Rich” line has six products: a sweatshirt for $58, a tee-shirt for $27, a “dad hat” for $28, a sticker pack for $10, a mug for $27, and a tote bag for $27.

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Designer of AOC’s ‘Tax The Rich’ Met Gala Dress Owes Over $100K in Back Taxes, Accused of Being a Rent Deadbeat and Running ‘Sweatshop’ of Unpaid Interns

Proving irony never goes out of style, Aurora James, the designer of Rep. Alexandria Ocasio-Cortez’ (D-NY) viral “Tax the Rich” Met Gala gown, is a tax deadbeat herself, according to a report by the New York Post.

James is “a notorious tax deadbeat with unpaid debts dogging her in multiple states,” reported the Post, digging up records that show six IRS tax liens totaling $103,220 on the parent company of her fashion brand, three open tax warrants in New York State for failing to withhold $14,798 in income taxes from employee paychecks (plus twelve other since-resolved NY tax warrants), and a $17,000 fine for failing to carry worker’s compensation insurance.

She’s also a rent deadbeat, the Post claims, describing an eviction action by James’ previous landlord — along with a demand for more than $25,000 plus interest for staying beyond her lease. The case was settled for an undisclosed amount.

Another previous landlord reportedly sued James for more $5,000 in unpaid rent, sending her a letter complaining that she had “never have paid your rent in a timely manner.”

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