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Archive for the tag “tax credits”

Secret Chinese Biolab Found

Kim Iversen continues her quest to bring us the actual news that the leftist rags like the New York Times and Washington Post disregards or buries. This is the story of a secret Chinese biolab discovered last December in Reedley, California — a small town outside Fresno in the San Joaquin Valley.

Only know are we learning the details: How Chinese nationals operated the lab inside a makeshift warehouse, full of bioengineered mice used for dangerous covid testing. The operators might have been illegals up to illicit business, but they pulled down several hundred thousand dollars in tax credits granted by California’s Gov. Gavin Newsom. In other words, they knew enough to scam the American system! Here’s the full account from The Kim Iversen Show.

Facts About Stimulus Checks

The government sent out an unprecedented amount of money to help Americans deal with the COVID-19 pandemic. It’s easy to tell if you received a payment, but it can be complicated to understand the finer details of the policy. And there are many.

Perhaps the biggest myth about government stimulus checks is that they are taxable. Not true. The money is considered a credit against your taxes. It actually reduces your taxable income in the form of a credit. Another beneficial fact for the taxpayers is that they will not be required to pay back the government for stimulus money received. Any further adjustments will be in their favor.

Here’s are more facts and fiction regarding stimulus checks from CNBC-TV.

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