Billionaires back socialist politicians who are calling for higher taxes on members of the ultra-wealthy class because they understand they will never have to pay those taxes as the top federal income tax rate stops at $500.000, making it easier for millionaires and billionaires to avoid paying full freight.
The Internal Revenue Service says it is enforcing a law allowing authorities to revoke and deny passports to those owing over $51,000 in unpaid taxes. Some 362,000 people may fall under the scope of the 2015 law, known as the Fixing America’s Surface Transportation (FAST) Act, as early as the end of this year.
Jerusalem: Christian leaders closed the Church of the Holy Sepulchre, built where it is believed that Jesus was buried. The closing was in protest over new taxes by the Israeli government. The municipal government of Jerusalem issued an order for the seizure of church assets, including property and bank accounts, for new taxes in the amount of $186 million, that they say are owed to the government. Church officials say this is an attempt to weaken the presence of Christians in Jerusalem.