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Income Tax heat on PFI. A penalty imposed for violating I-T Act. @Ashish_Mehrishi  shares details with @AnchorAnandN  on #NationAt5 .

@eisingerj  looked into the tax returns of the ultra-rich. His take on Carl Icahn: “He was incredibly charming and was totally perplexed by the concept of needing to pay taxes.” Listen to his conversation with @karaswisher  on “Sway”:

Retail sales by some categories, May: +3.0% Clothing +1.8% Restaurants, bars +1.6% Dept stores +1.2% Grocery -0.8% Online -0.8% Sporting, hobby, music -2.1% Furniture -3.7% Cars, parts -5.9% Building materials

“In view of the difficulties reported by taxpayers in electronic filing of income tax forms 15CA/15CB on the portal , it has been decided that taxpayers can submit them in manual format till June 30,” said CBDT.

Monthly child tax credit payments start in 1 month: Here's what we know.

US May retail sales on a 3mo avg annualized pace. Fiscal aid is still coursing through the system & cash linked to the expanded child tax credit arrives in July. Plus that $2.1 trillion in excess savings still on account. Still expecting above10% growth in Q2'21& 7.5% 2021 GDP.

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Vax, tax and charged for being ‘lax’. Tonight on Frankly Speaking with Navika Kumar, Union Finance Minister@nsitharaman  takes direct questions on tax & COVID vaccine. Taxing the aam aadmi easy option? You can’t miss #FranklySpeakingWithNirmala  at 9 PM, only on TIMES NOW.

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Vax, tax and charged for being ‘lax’. Tonight on Frankly Speaking with Navika Kumar, Union Finance Minister@nsitharaman  takes direct questions on tax & COVID vaccine. Taxing the aam aadmi easy option? You can’t miss #FranklySpeakingWithNirmala  at 9 PM, only on TIMES NOW.

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AIM CEO @allstarspaul  speaking at @WMFEvents : “Paul Pacifico calls on government to create a music tax credit which would benefit the whole ecosystem, help move the needle for new music and foster growth in this challenging time.” #WMFEvents 

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"Rishi Sunak’s billionaire in-laws hit with £5.5m bill in Amazon India tax dispute"

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Exclusive: The Times has obtained tax-return data for President Trump extending over more than two decades. It shows his finances under stress, beset by losses that he aggressively employs to avoid paying taxes and hundreds of millions in debt coming due.

Unbelievable. There are some Dems who want to lower the income eligibility for direct payments from $75,000 to $50,000 for individuals, and $150,000 to $100,000 for couples. In other words, working class people who got checks from Trump would not get them from Biden. Brilliant!

All of a sudden Mitch McConnell and Senate Republicans are worried that someone in America might get a $2,000 check "who doesn't need it." Funny. They had no problem giving a $1.4 billion tax break to Charles Koch and his family with a net worth of $113 billion. What hypocrisy!

All of a sudden, Mitch McConnell is "worried" about giving a $2,000 check to someone who "doesn't need it." That's funny. He had no problem giving a $560 million tax break to Sheldon Adelson who is worth $34.3 billion. Total hypocrisy! Let the Senate vote on $2,000 now, Mitch!

IF YOU WANT A MASSIVE TAX INCREASE, THE BIGGEST IN THE HISTORY OF OUR COUNTRY (AND ONE THAT WILL SHUT OUR ECONOMY AND JOBS DOWN), VOTE DEMOCRAT!!!

Retweet if you paid more than $750 in federal income taxes.

Shock of shocks! Donald Trump, the self-proclaimed billionaire, received a $72.9 million tax refund from the IRS while not paying a nickel in federal income taxes in 10 out of 15 years. Yep. Trump l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.

Too many Universities and School Systems are about Radical Left Indoctrination, not Education. Therefore, I am telling the Treasury Department to re-examine their Tax-Exempt Status...

Interesting how ANTIFA and other Far Left militant groups can take over a city without barely a wimpier from soft Do Nothing Democrat leadership, yet these same weak leaders become RADICAL when it comes to shutting down a state or city and its hard working, tax paying citizens!

The richest 400 Americans sit on $3 trillion—the size of the entire UK economy. The billionaire class now pays a lower tax rate than people living paycheck to paycheck. The looting of America has been going on for over 40 years—and the culprits are the ultra-rich.

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