Washington is a confusing place most of the time, but this summer’s heat is making things particularly crazy. While officials debate the definition of a recession following two consecutive quarters of negative economic growth, Democratic leadership is working to pass a bill called the Inflation Reduction Act that, according to independent analysis, won’t actually reduce inflation (and may make it worse).
In an 1802 letter to Albert Gallatin, Thomas Jefferson said, “We might hope to see the finances of the Union as clear and intelligible as a merchant’s books, so that every member of Congress, and every man of any mind in the Union should be able to comprehend them, to investigate abuses, and consequently to controul them.”
Today, the Taxpayers Protection Alliance (TPA) launched a major campaign in Arizona thanking Sen. Kyrsten Sinema (D-AZ) for her unwavering support of Arizona small business and entrepreneurs through her opposition to raising taxes on carried interest capital gains during a recession.
Today, the Taxpayers Protection Alliance (TPA) launched a major campaign in Arizona thanking Sen. Kyrsten Sinema (D-AZ) for her unwavering support of Arizona small business and entrepreneurs through her opposition to raising taxes on carried interest capital gains during a recession.
It is often said there are only two certainties in life – death and taxes. For daily commuters in the nation’s capital, there is a third – being let down by the DC metro system. Riders are often plagued with long wait times on platforms, over-crowded cars, fires on the tracks, derailments, and the dreaded “single tracking” while work is being done.
Agencies and instrumentalities of governments are too often recognized for their lack of transparency and accountability to taxpayers.
The massive and shortsighted spending package unveiled by Senate Democrats on July 27th includes $15 million that would pave the way for an unprecedented expansion of the IRS that would give the agency more control over U.S. taxpayers and their finances.
Today, U.S. Sen. Ed Markey (D-Mass.), along with co-sponsors U.S. Sen. Ron Wyden (D-Ore.) and U.S. Rep. Doris Matsui (D-Calif.), introduced legislation that would reimplement Title II common carrier regulations on internet service providers, and allow the Federal Communications Commission to reimpose so-called “net neutrality” rules that would prevent throttling, blocking or paid prioritization.
Today, the U.S. Department of Commerce released the second quarter gross domestic product (GDP) data, which indicated that GDP decreased by 0.9% in the second quarter. The Taxpayers Protection Alliance (TPA) is disappointed, but not surprised by the news that there has been another quarter of decline in economic activity.
The Taxpayers Protection Alliance (TPA) responded to Congressional Democrats relabeling their inflationary Build Back Better agenda and urged all members of Congress to oppose this continued push for reckless government spending and taxation. TPA President, David Williams, offered the following statement:
