Plus: Which Americans Are Most Likely to be Audited by IRS Under ‘Inflation Reduction Act’?
August 11 2022
Good morning from Washington, where Democrats’ latest tax and spending bill aims to cost you more in new ways. Richard Stern spells out seven. One of House Republicans’ top tax experts pinpoints income brackets targeted for IRS audits, Gillian Richards reports. On the podcast, Rep. Ralph Norman outlines how the housing market is key to the health of the economy. Plus: Peter St. Onge ponders inflation’s continuing toll; Ben Shapiro denounces the FBI’s raid of Trump’s home; and “Problematic Women” considers what wokeness is doing at the homes of Jefferson and Madison. Fifty years ago today, the last U.S. ground combat unit departs South Vietnam for the U.S., leaving 43,500 advisers, airmen, and support troops.
Without two crucial factors—the impending recession and the cynical use of our Strategic Petroleum Reserve to game crude oil prices—inflation actually would be accelerating.
Rep. Ralph Norman, R-S.C., discusses the future of America’s real estate market and larger economy. He also explains how the U.S. can strategically end its dependence on China.
In 2015, former Clinton national security adviser Sandy Berger was subject to only a misdemeanor charge for stuffing classified documents down his pants.
“This raid is just the latest serious escalation of this disturbing trend that we have seen of blatant abuse of power … to target their political opponents,” says the former House Democrat.
The Justice Department’s handling of Hillary Clinton with kid gloves serves as but one of the many examples of dual standards of justice seen when powerful Democrats or their backers face the FBI.
