Tax Policy & IRS News
The Daily Signal reports on tax legislation, reform efforts, and tax enforcement by the IRS. Get conservative analysis on how tax policies and cuts affect families, businesses, and America’s fiscal outlook.
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news
EXCLUSIVE: Bill Would Ban Taxpayer Funding for Gender Researchers ‘Who Prey on Children’
FIRST ON THE DAILY SIGNAL: Rep. Josh Brecheen is introducing legislation that would ban gender researchers from receiving taxpayer funding if they lead studies facilitating transgender sex-change attempts for minors. The Oklahoma Republican's legislation follows data that his office obtained from the National Institutes of Health indicating that the NIH is currently providing more than… -
news
Conservative Leaders: ‘Not One American Taxpayer Dollar’ Should Go to Palestinian Entities
More than 60 conservative leaders on Friday urged the complete defunding of U.S. foreign aid to Palestinians through Congress’ appropriations process. In a joint letter to Congress, the leaders stated, “In light of the heinous war against Israel started by Hamas and supported by other Palestinian elements in the region, not one American taxpayer… -
opinion
A Soda Tax Turns 5
Want a soda? You’ll pay more for one in Philadelphia, because five years ago, local politicians decided to tax it. They’re “protecting” people, they said. The tax would “reduce obesity” and “lower diabetes rates.” But the politicians’ main goal was to bring in more money, which they said would “fund early childhood education” and “help… -
opinion
Are the ‘Rich Men North of Richmond’ Really Allowing Our Taxes to Pay for ‘Bags of Fudge Rounds’?
“If you’re five-foot-three and you’re 300 pounds, taxes ought not to pay for your bags of Fudge Rounds,” opines Oliver Anthony in his No. 1 hit debut country song “Rich Men North of Richmond.” The timing of the song’s release could not have been better: Constituents have undoubtedly raised the issue of how our tax… -
opinion
Leftists’ Wealth Tax Proposal Means Poorer Standard of Living for All
A group of far-left lawmakers has introduced yet another bill to soak the rich. The new bill is called the Oppose Limitless Inequality Growth and Reverse Community Harms Act—the OLIGARCH Act. Get it? It would introduce an entirely new tax on wealth above $120 million, starting at 2% and climbing to 8%. This new tax… -
opinion
Events and Grievances Besides Taxes Led to Our Revolutionary War
Taxation wasn’t the only reason that America’s 13 colonies declared their independence from Britain, but it was certainly a factor, Hillsdale College’s Bill McClay says. “Americans believed in self-government because they lived self-government,” says McClay, the Victor Davis Hanson Chair in classical history and western civilization at Hillsdale College. The American colonists’ desire to maintain… -
news
National Parks Sponsor Pride Marches, Create LGBTQ ‘Teaching’ Resources With Taxpayer Dollars
Instead of spending time preserving natural history, some federally funded parks are sponsoring Pride month events and teaching LGBTQ history to the public. Earlier this month, Yosemite National Park in California held a weeklong Pride celebration sponsored by Yosemite’s LGBTQ+ Employee Resource Group. The events included a speaker series as well as a Pride march… -
news
GOP Lawmakers Introduce Bill Aimed at Protecting Student Loan Borrowers, Taxpayers
Three House Republicans introduced legislation Thursday that they say aims “to streamline and improve” the system for repaying federal student loans and “to protect borrowers and taxpayers.” Reps. Virginia Foxx, R-N.C.; Burgess Owens, R-Utah; and Lisa McClain, R-Mich., introduced a bill called the Federal Assistance to Initiate Repayment Act, or the FAIR Act, in response… -
news
21 Federal Agencies Promote Pride Month With Taxpayer Dollars
While a number of companies have faced public criticism for promoting LGBTQ Pride Month in June, federal organizations promoting “pride” activities have mostly flown under the radar. One of the few times a federal entity came close to being scrutinized occurred when the Navy deleted a pride post on its Instagram account. Even after that… -
opinion
Planned Parenthood Taxpayer Funding Up; Abortion and ‘Transgender’ Services High Priorities
Planned Parenthood’s 2021-2022 annual report is out: Taxpayer funding is at an all-time high and abortion remains a key priority. Meanwhile, visits for actual health care—like cancer screening and prevention services and prenatal care—continue to decline. The abortion giant has also been diversifying its portfolio of services, trying to corner the market in so-called transgender… -
opinion
How Enormous Boost in IRS Funding Is Warping Tax Agency’s Priorities
The IRS released its strategic operating plan on April 6, describing its intentions for spending the nearly $80 billion of supplemental funding it’s receiving under the so-called Inflation Reduction Act. The report was 48 days late beyond the Feb. 17 deadline the IRS was given and only included funding and staffing details for two of… -
opinion
I’ll Continue to Block Biden’s Nominees Until Pentagon Stops Facilitating Taxpayer-Funded Abortions
Federal law permits the U.S. military to only provide abortions in very narrow circumstances: rape, incest, and threat to the life of the mother. Yet, the Biden administration has turned our Department of Defense into an abortion travel agency. Defense Secretary Lloyd Austin did it using a memo—without congressional approval. >>> Grassroots Army Backs Senator’s…