congress

Republican Lawmaker Warns that Allowing Tax Returns to be Made Public Will Open the Floodgates

The House Ways and Means Committee received Donald Trump’s tax returns on Tuesday at 3:00 p.m. The Republican Party is outraged that the Democrats may release them.

However, one Republican lawmaker was ridiculed after issuing a dire warning in which he insisted without evidence that Democrats releasing Trump’s taxes would open the floodgates and allow the tax returns of ordinary citizens or even Supreme Court justices to be made public.

Build Back Better Reconciliation Bill Has a Surprise for Employers

Hidden in the “Build Back Better” Budget Reconciliation Bill is a section that could change the whole retirement system in the U.S. A retirement plan must be offered by employers with five or more employees and employers must enroll their employees automatically, contributing 6% of their earnings to retirement accounts. In year five, the automatic contribution would increase to 10% of pay. You would invest in a Roth IRA in a target-date fund, a mix …

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