Professor Elam
Accounting & Investing Info for San Antonio A & M
about
Category: Tax Burden
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8/16/2025 Trump and Navarro claim others will pay tariffs, not US citizens. I have observed that the reality of tariffs has yet to arrive. In this video clip it looks like tariff hit has arrived. Tariffs Finally Bite. I found the second lady's comment very relevant. Apple can buy Trump off, small business cannot
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4/3/2025 Jesse Solis From:jsolis@taxfoundation.org To:dennis.elam@att.net Thu, Apr 3 at 10:59 AM The Liberation Day tariffs announced by President Trump yesterday will result in a $1.8 trillion tax hike, according to new modeling released today by the Tax Foundation. CLICK HERE to learn more. Key points below. Highest Average Rate Since 1933…
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Monday 10/7/2024 (9-2024) Department of the Treasury Internal Revenue Service http://www.irs.govPROGRAM OVERVIEWThe Pathways Student Intern Program is a paid internshipprogram with IRS Criminal Investigation (CI). The programis intended for college students who are on track tograduate in Spring 2026. Upon successful completionof the program, participants may be consideredfor conversion to a Special Agent position with…
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3/17/2024 Click here to read And of course a finance professor says it is just more than our annual income She compares it to a US family If the US family owed more than its income there would be collateral like a house and two cars, here there is not collateral and the interest on…
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1/16/2024 WSJ Today Tuesday 1/16/2024 The American welfare state is built on the idea of taxing those who are better off to give to those who are in need. Yet in today’s massive welfare state, many who receive benefits from the government also pay substantial taxes. New research by the Manhattan Institute analyzes the amount…
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Tuesday jan 17 2023 Social Security Administration announces the increases for 2023 The maximum earnings subject to the FICA tax will increase from $147,000 to $160,200 which means for 2023, the maximum Social Security tax that employers and employees each will pay is $9,932.40 ($160,200 x 6.2%). The Medicare component will remain the same at 1.45%…
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Monday Aug 8 2022 Here is a run down on the Democrats new tax plan. It raises taxes for everyone.
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Wed Feb 16 2022 The IRS already has your W2, 1099s, and now stock trades, so why do we have to do that again?
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Tuesday Sept 14, 2021 Here is an excerpt from the news on AOC's debut at a MET Opera Gala Democratic congresswoman Alexandria Ocasio-Cortez is well-known for making powerful statements with her political speeches but she's just got everyone talking through the medium of fashion, at her first ever Met Gala appearance. At an event attended…
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Thursday April 1 2021 Corporations do not pay income taxes, their customers do. Corporations pass tax increases on via higher prices or less product for the same price. Progressives think the corporations they want to punish for their success will just wince and pay up, no way. What do progressives learn in economics class I…