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The Hunt for Taxes

Democrats Insist on Taxing Tips        

Democratic states are insisting on taxing tips to defy Donald Trump. That’s right—a popular piece of legislation that is seemingly bipartisan has been met with...

Swiss Say NO to Inheritance Taxes

Governments believe the people should pay for their shortfalls. Switzerland proposed a 50% inheritance tax on fortunes above $62 million USD (50 million Swiss...

Tariffs – Legal or not to Be

The President cannot unilaterally impose tariffs on antique objects (over 100 years old) if Congress has expressly exempted them. But there are narrow exceptions...

Britain vs Florida

  Living in Florida, I definitely see the difference compared to even New Jersey, where I have been given a parking ticket in a private parking lot because one...

IRS Shed 26K Workers in June

Joe Biden’s proposed IRS army has been dismantled. An astounding $80 billion was granted to the IRS under the Inflation Reduction Act to militarize the tax agency...

While the World Was Distracted by Epstein

While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins. The GENUIS...

PRIVATE BLOG – Trumps Big Beautiful Bill – They Listened For Once

  PRIVATE BLOG – Trumps Big Beautiful Bill – They Listened For Once Private blog posts are exclusively available to Socrates subscribers. To sign-up...

No Tax on Tips Act

The “No Tax on Tips Act” passed in the Senate after a unanimous vote. At last, the Senate can agree upon one item. The legislation permits a tax...

Spain Limits Cash Withdrawals

  Withdrawing large sums in cash is no longer possible in Spain without the government’s approval. Those withdrawing €3,000 or more must notify Spain’s...

Washington State Deficit in the Billions – Taxes to Rise

Washington state is multiplying taxes for mega corporations in a move to cover its widening budget deficit. The state is expected to face a $12 to $16 billion...