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MSNBC Hallie Jackson Reports June 4, 2024 20:40:00

We have ample opportunity to reform the tax code. make sure we are not eroding our tax space internationally, and do that in a way that reduces deficit. the president is going to lay that out in his budget. well have a debate about different budget visions is a normal thing in the political process. we need to do that without anybody holding hostage the economy around the debt limit. no matter what your policy priority, nobody should say unless you do my policy priority im going to blow up the e...
Tax Space Tax Code Debt Limit Policy Priority Budget Visions Anybody Holding Hostage

CNN CNN Newsroom June 4, 2024 19:36:00

Mccarthy to put his budget on the table. >> the president then, as vice president in 2011 led the talks for the white house on this very subject, and i want to read what he said at the end of the negotiations. he clearly involved them, the statement from his office, as the president and i made clear from the beginning the only way to make sure we begin to live within our means is by coming together behind a balanced approach that finds real savings across the budget, including mandatory spending...
On The Table White House Vice President The End Tax Code New York

New BIR policy on quarterly filing of VAT returns lauded

Senior Citizen Party-list Rep. Rodolfo Ordanes(File photo courtesy of House Press and Public Affairs Bureau) MANILA - A party-list lawmaker on Tuesday lauded the Bureau of Internal Revenue (BIR) by making the filing of value-added tax (VAT) returns quarterly instead of monthly. Senior Citizen Party-list Rep. Rodolfo Ordanes said the new BIR policy will simplify and make it easier for micro, small and medium enterprises (MSMEs) to comply with tax filing requirements. Ordanes said the BIR could co...
Rodolfo Ordanes Bureau Of Internal Revenue Negosyo Centers Skills Development Authority Internal Revenue Citizen Party List

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MSNBC The ReidOut June 4, 2024 00:49:00

Ripped off? thats right. they want to raise taxes on working to middle class people. >> that was president biden in a speech where he announced a stronger than expected economy. going after republicans for their brazen attacks on the working class. in particular, he called out their latest harebrained idea of killing the irs and replacing that tax revenue with a 30% sales tax on everything. americans would get some of the tax money back through a rebate, but it would get rit of the personal inco...
House Republicans Middle Class Sales Tax Tax Money Tax Revenue Working Class

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