Democrats to scale back Treasury’s IRS bank reporting plan, raise threshold from $600 to $10,000
Senate Democrats are set Tuesday to announce a scaled-down version of the Biden administration’s proposal to crack down on Americans it suspects are dodging taxes.
Virginia: Archaeologists uncover one of America’s oldest black church buildings
Archaeologists in Virginia believe they have uncovered the foundation of an early 19th-century building that used to house Williamsburg’s First Baptist Church, one of America’s oldest black churches, Religious News Service (RNS) reports.
Key GOP senators fear Biden to bypass Constitution to force U.S. corporations to pay global tax
President Joe Biden and U.S. Treasury Secretary Janet Yellen are urging Congress to approve an international agreement for a global corporate tax of 15%, raising alarm among key GOP senators of an administration plan to circumvent the Senate’s treaty p…
136 Countries Agree to Global Minimum Tax
On Friday, 136 countries agreed to setting a 15% minimum global tax rate for big corporations and to make it harder for them to avoid the tax, The Epoch Times reported. President Biden lauded the plan after it was announced, saying in a statement that …
Controversial Czech Prime Minister Loses Elections
In a significant political setback, Czech Prime Minister Andrej Babis’ ANO party lost the elections after revelations that he had hidden millions in taxable assets.
World Leaders Hiding Trillions From Population
World leaders hurried to explain their assets after millions of documents revealed their secret dealings in most extensive investigations of leaked offshore documents in history.