tax

Joe Biden Renews Promise To End Junk Fees, IRS Vows To Crack Down On Ticket Resellers

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The IRS has announced plans to crack down on the lucrative ticket resale industry. New reports indicate that the IRS will be more stringently tracking and taxing ticket resellers who make more than $600 from resale each year. Furthermore, sites such as Ticketmaster and StubHub will be required to provide the agency with information about resellers who use their site.

The move comes amid a renewal of President Joe Biden’s goal of ending junk fees. The removal of junk fees has been something the President has long targeted with the end goal of increasing financial transparency for American shoppers. “Concert tickets are hard enough to get, you shouldn’t have to pay surprise service fees on top of that. My Administration is working to crack down on those junk fees, so you know what you are paying for upfront,” @POTUS tweeted on September 23. The issue became national news earlier this year in regard to the sale of Taylor Swift for her Eras Tour.

Read More: Boosie Badazz Reaches Out To Kamala Harris About Gun Violence

Biden Slammed In Latest Polls

However, President Biden is not the most popular man right now. A recent bipartisan NBC poll showed that Americans overwhelmingly disapprove of how Biden has handled the economy. Furthermore, 56% of the 1000 people asked disapprove of Biden’s presidency. However, 44% of voters said they felt “very negatively” about Donald Trump, with 54% in total saying they felt negatively about Trump in some fashion. The poll was a bipartisan effort conducted by Republican pollster Bill McInturff and Democrat pollster Jeff Horwitt.

“This survey is a startling flashing red light for an incumbent party,” McInturff said. “Yes, the numbers for Biden aren’t where he needs them to be. But the lens for most voters is still through Donald Trump first,” Horwitt countered. The biggest issues for the two presumptive candidates were age and criminality. 74% of respondents said they had concerns about Biden’s age and health. Meanwhile, 62% said they were concerned about Trump’s ongoing legal troubles. As a result, the head-to-head race sees the pair tied in a hypothetical election with 46% of the vote each.

Read More: Donald Trump Targets Howard Stern In Latest Rant

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Lil Kim Settles Tax Debt

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Lil Kim reportedly (and finally) settled her longtime disagreements with the Internal Revenue Service (IRS) over tax debt. According to court documents obtained by RadarOnline, Kimberly Denise Jones agreed to a $1.4 million settlement with the federal tax agency. However, its exact details remain unspecified, as is the date on which she discharged the tax debt in question. Furthermore, some of this discharge dated back all the way to 2003, and this settlement means that the federal government can no longer seize her assets to satisfy the debt. The largest debt she owed was reportedly in 2008, where she had to cough up around $400,000.

While it’s been a long history of arguments and payments for Lil Kim, that didn’t stop her from performing and continuing to inspire others. In fact, as of late, many female rappers shouted her out as an influence, which is unsurprising considering her long reign as one of rap’s queens. For example, Ice Spice recently named “The Jump Off” MC as one of her biggest inspirations along with Nicki Minaj. When it comes to her artistry, that speaks louder than any settlement agreement.

Lil Kim Reaches Settlement With IRS

ATLANTA, GEORGIA – SEPTEMBER 30: Lil Kim performs onstage during the 2022 BET Hip Hop Awards at Cobb Energy Performing Arts Center on September 30, 2022 in Atlanta, Georgia. (Photo by Aaron J. Thornton/WireImage)

Another female superstar to praise the 48-year-old for paving the way was Megan Thee Stallion. “My mom was a rapper, right?,” the Stallion expressed on RapCaviar Presents. “She was a female rapper, but I had never heard of women being rappers ever because my mom was listening to UGK, Three 6 Mafia. My daddy [listened to] Lil Wayne, like, we only listening to men in the house. But one day, my mom put on Lil Kim. Damn! She raps harder than a lot of these guys!”

Not only that, but Lil Kim often shows these artists the same amount of love, as she did recently to Cardi B. “Cardi is like the love of my life,” Kim expressed in an interview. “You don’t even know. Like, she makes me laugh… we talk a lot. People have no idea. But she’s my little sister but she’s really my big little sister. Believe it or not, she directs me on a lot of things like ‘No, this is what I want you to do’…and I’ll be like ‘Ok that makes sense’. We just laugh a lot too.” For more updates and news on Lil Kim and her impact, stick around on HNHH.

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