Search results
Results from the WOW.Com Content Network
The option for taxpayers does not change the amount of their individual tax or refund. Instead, the funds are designated to go to the Presidential Election Campaign Fund instead of the regular pool of the US Treasury. Accordingly, the amount of the money in the fund is determined by how many taxpayers check the box. [3]
Some fiscal policies influenced by this theory were popularly known as Reaganomics, a term popularized during the Ronald Reagan administration. This theory holds that reduced income tax rates increase GDP growth and thereby generate the same or more revenue for the government from the smaller tax on the extra growth. [10]
Federal income tax refunds have been remarkably consistent over the past decade or so, with average refunds tending to hover between about $2,750 and $2,900 from January through April each year.
Some smaller government advocates argue that Norquist's "obsession with tax revenue" is actually counterproductive with respect to minimizing the size of government. [58] Although the Americans for Tax Reform mission statement is "The government's power to control one's life derives from its power to tax.
As the U.S. presidential election approaches, tax policy is a critical topic for voters. The candidates' tax plans not only reveal their broader economic ideologies but also provide insight into ...
The average deduction-itemizing tax filer in the county reported state and local taxes of $14,083, according to the Tax Foundation — about $4,000 above the Trump-enacted cap on deductions.
The heart of the matter focused on the I-912 campaign to repeal a fuel tax, and specifically two broadcasters for Seattle conservative talker KVI. Judge Wickham's ruling was eventually overturned on appeal in April 2007, with the Washington Supreme Court holding that on-air commentary was not covered by the State's campaign finance laws ( No ...
Wallace's loss is now reverberating throughout the House of Representatives. Wallace's race, which could add up to the most expensive state legislative race in the history of Oklahoma, saw more ...