If they were hoarding anything but wealth we'd recognize how pathological it is but NO we put them on the covers of magazines & kiss their asses
🤦🏻♀️ #smfh
If the e-filing portal insists that you "Please correct the error below" without indicating any error, it might be to do with your address. Especially if there's something about a failed address regex in the console.
Going to the profile settings and updating it fixed it for me.
(And yes, they changed the rules, so you might have to file a different form than what you were filing earlier)
Another #MAGA#lunatic is attempting to destroy our country, plunging us into abject chaos and economic despair. This progressive gentleman wants to repeal the #16thAmendment, effectively ending the very notion of #incomeTax from our law books. His argument is basically, "we didn't used to have income tax!", a pathetic appeal to nostalgia. To be clear, #America would grind to a halt if this clown's dreams came true.
Fiscal drag is not only an issue in #incometax.... it also works in the other direction - by not (again) raising the ceiling for the Disabled Facilities Grant (it remains at £30k), its real value since 2008 has fallen by around a third.
What's so stupid, is this grant allows the 'disabled' to live independently at home, and purely pragmatically saves the state money in the medium term as well as delivering real wellbeing to those claiming it to adapt their houses.
#Senate Investigation “Casts Fresh Doubt” About the Validity of Harlan Crow’s Yacht Tax Deductions
In their extensive probe, Senate investigators found evidence to suggest that billionaire GOP megadonor Crow has made repeated misrepresentations to the U.S. government.
ProPublica revealed the #tax maneuvers in a previous story.
…The #ChildTaxCredit expansion would ensure that more of the poorest #families — who traditionally can’t claim the credit because they don’t owe any #IncomeTax — would qualify for at least some assistance. It would allow the lowest-income families to claim the credit for each #child; the current credit allows those at the lowest end of the #income spectrum only to receive payments for one child.
In 5 Years, Govt Tax Collection From Individuals up by 76%, From Corporates Only by 24%
This only comes over a series of tax and other policy measures which have unduly squeezed individuals and benefitted the corporate sector, big borrowers.
The federal agency, after an investigation prompted by ProPublica’s reporting, blasted #Intuit for misleading customers about its “free” tax-filing program and directed the company to take specific steps to fix its ads.
So #JeremyHunt looks to have stepped back from a reduction in (or abandoning) #InheritanceTax & is now likely to focus on a 1% reduction in headline #incometax.
Its all part of his aim to make the UK a 'low tax' economy, but given that for most of us the reason its a 'high tax' economy is because of the fiscal drag of not matching tax allowances to #inflation, actually this tax cut won't even make up for the stealth rises engineered by recent Tory Chancellors.
Meanwhile, in #IncomeTax and/or #TaxReform news, Intuit (the company behind "Free-Free-Free, Free Free-Free-Free Turbo Tax" continues to be the bad guy.
Sarah #Huckabee Sanders says her plan is to phase out #incometax in the state entirely, which is certainly a bold choice given the fact that it is the 5th poorest state in the nation. Call me crazy, but if I ran a state in which 22 percent of #children were living at or below the #poverty line, I might #tax some rich motherfuckers in order to correct that situation.
How the Ultrawealthy Use Private Foundations to Bank Huge Tax Breaks While Giving the Public Little in Return
It’s a simple bargain: The rich get huge #tax breaks by donating #art, property and company shares to benefit the public. But some donors collect millions while offering little or no public access.
Paying my #taxes as a freelancer really gives me the impression that #canada doesn't want me to be a freelancer
boo hoo but really this unnecessarily complicated, i'm over here calculating logarithms to determine overdue instalments that they didn't tell me about - you're just supposed to know the entire tax code
not to mention that the tax code is written very poorly.
you qualify for X if:
a) Condition A
b) Condition B
c) Condition C
But we won't tell you if this is a list of logical OR or AND conditions. Letters are expensive.
As a person who spent his entire professional life in the tax business, i can attest to the below. The rich, not all, but a lot, think rules do not apply to them. And their money allows them to buy politicians who do their bidding. Like cutting the IRS budget and telling the poor and middle class it's for them!
Think the Panama Papers! All those off shore accounts!!
Republicans Advance Income Tax Cut (urbanmilwaukee.com)
From the article:...