The Tax Patriot – News|Taxes|Retirement|Politics News Resource On Taxes, Investing, Politics, Retirement, Money, America

Rising interest rates, a trade war, and possibly one of the largest bubbles in stock market has just caused a trillion dollars in wealth to vanish. Considering that 90 percent of the savings of Americans who have any money is …

Announced today, the United States Government just put sanctions on Chinese and Russian companies doing business with North Korea. Companies involved in the sanctions are involved in North Korea’s nuclear missile building weapons program. The fact that China has not …

If you want to enjoy the wealth of people like Donald Trump ask yourself this question… “What are they doing that I am not? First and foremost, it’s understanding the income tax system. It’s knowing how to deploy the money …

The debt crisis could force a Government shut down during the Holiday Season. In September the President along with Democrats and and a few Republicans agreed to a short-term increase in the debt ceiling to accommodate an extra 15 billion …

It’s called the Tax Cuts and Jobs Act and there are going to be some really big winners, and some losers. Breaking today is the House GOP tax reform plan. In last minute negotiations, several key tax proposals were eliminated …

GOP tax writers are abandoning their effort to repeal the State and Local tax deduction (known as SALT). After numerous Republican lawmakers heard from their voters, it was very clear this deduction was a no go. If the GOP was …

“Pull the blinds over the eyes of Americans, while we steal money in places they won’t notice.” If you examine nearly every idea the GOP has floated about Tax Reform for the individual, that statement pretty well sums it up. …