Treasury Department Archive

TweetShareSharePin0 Shares The rate of inflation has slowed markedly in recent months, even declining slightly in December—but at year’s end, prices were still 14.6 percent higher than they were two years prior. That’s the fastest inflation rate over any two calendar years since the stagflation era of the late 1970s. State policymakers are understandably interested

TweetShareSharePin0 Shares Welcome to our monthly podcast in Portuguese, É da sua conta (‘it’s your business’) produced and hosted by Grazielle David and Daniela Stefano. All our podcasts are unique productions in five different languages – English, Spanish, Arabic, French, Portuguese. They’re all available here. Here’s the latest episode: A reforma tributária mais significativa dos últimos tempos está sendo implementada na Colômbia. Isto porque em meio a um

TweetShareSharePin0 Shares A flat no on a Fair Tax? Source link TweetShareSharePin0 Shares

TweetShareSharePin0 Shares New Internal Revenue Service (IRS) data on individual income taxes for tax year 2020 shows the federal income tax system continues to be progressive as high-income taxpayers pay the highest average income tax rates.[1] Average tax rates for all income groups remained lower in 2020, three years after the Tax Cuts and Jobs

TweetShareSharePin0 Shares A Missouri man has been sentenced to 235 months in federal prison for his involvement in a drug ring following an investigation by the IRS and other government agencies.  The ring specialized in trafficking methamphetamine. Credit: Byllwill/Getty Images Terrence Thompson, of East St. Louis, pled guilty to one count of Attempt and Conspiracy and

TweetShareSharePin0 Shares The FairTax is a proposal to replace all major sources of the federal government’s revenue—the individual income tax, corporate income tax, estate and gift taxes, and payroll tax—with a national sales tax and rebate, abolishing the IRS in the process. Source link TweetShareSharePin0 Shares

TweetShareSharePin0 Shares A Canadian national has been sentenced to 30 months in the U.S. federal prison system for defrauding the United States government. According to an official release from the IRS, Toronto resident, William Henry Woo, submitted duplicate refund requests to the IRS Service Center in Austin, TX. He did so as a Canadian citizen seeking automatically