mattotcha, to random
@mattotcha@mastodon.social avatar

Fact Check
Warren Buffett Said 'Make Billionaires Pay Their Fair Share, You Won't Have to Pay Taxes Again'?
Rating: Misattributed - but read the whole article . . .
https://www.snopes.com/fact-check/billionaires-taxes-warren-buffett/

Centurion480, to Florida
@Centurion480@mastodon.social avatar

Move to #Florida they said.

"At the same time, the costs for senior care at all levels— already exorbitant—are rising still more. This dynamic threatens to make elder care unaffordable to an ever-growing number of people. “We are headed into a train wreck,” one operator said." #retirement #climatechange #climatecrisis #collapse #taxes #insurance
https://www.bnnbloomberg.ca/florida-s-125-surge-in-property-insurance-bills-sows-havoc-1.2075029

ai6yr, to california

Interesting, California has a pilot program on an effort to charge drivers by the number of miles you drive, instead of through gas taxes. (to make up for lost revenues to EVs, which do not need gasoline). They are paying $400 in gift cards -- and a gas tax or EV registration fee credit -- for taking part in the pilot. https://caroadcharge.com/media/zehd2y5s/ca-sb-339_public-fact-sheet_final_remediated.pdf

bespacific, to random
@bespacific@newsie.social avatar

Faced w barrage of ethics scandals that have tarred as riddled w , Justice has sought to cast them as merely an outgrowth of politics in Washington, D.C. “It’s a hideous place,” Thomas said recently of the nation’s capital, in some of his most extensive remarks about his ethical lapses, noting that he’s been subject to “nastiness” and “lies.” Thomas added, “It’s one of the reasons we like R.V.ing.” https://newrepublic.com/article/181627/clarence-thomas-rv-loan-democrats-letter

DemocracyMattersALot, to random
@DemocracyMattersALot@mstdn.social avatar

Taxpayers are paying for GOP clowns to attend Trump's trial in New York and spout lies as proxies for the gagged, bloated traitor.

Snowshadow, to news
@Snowshadow@mastodon.social avatar

Loophole leaves taxpayers picking up tab for MP travel to part conventions, often with a spouse.

Conservatives billed the most expenses, other parties less, and Liberals none.

@gemelliz

https://www.cbc.ca/news/politics/political-parties-spending-rules-1.7204136?cmp=rss

markwyner, (edited ) to america
@markwyner@mas.to avatar

You may be privy to or unfamiliar with how the ultra-wealthy are taking advantage of the system. Either way, you’ll find this report by @ProPublica to be staggering. The facts are clear: there is a class war, and we’re losing.

“…it demolishes the cornerstone myth of the American tax system: that everyone pays their fair share and the richest Americans pay the most.”

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

shekinahcancook, to Economics
@shekinahcancook@babka.social avatar

Parallels Between Archaic Entrepots and Modern Offshore Banking Centers

By Michael Hudson, originally published by Resilience.org May 10, 2024

"...To create such enclaves has been an objective of mercantile capital through the ages. It patronizes the world’s politically weakest areas as long as they do not do what real governments do: regulate their economies. The search for “neutral territory” expressed itself already in the chalcolithic epoch, many millennia before private enterprise developed as we know it. The result of this impetus is that neolithic towns...and the biblical cities of refuge share the following important common denominator with today’s offshore banking centers: Instead of being centers of local governing, legal, and military power, they were politically neutral sites established outside the jurisdictions of local governments..."

https://www.resilience.org/stories/2024-05-10/parallels-between-archaic-entrepots-and-modern-offshore-banking-centers/

ProPublica, to chicago
@ProPublica@newsie.social avatar

NEW: IRS Audit of Could Cost Former President More Than $100 Million

The agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed tower.

https://www.propublica.org/article/trump-irs-audit-chicago-hotel-taxes?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

tio, to spain

It is funny, in Spain if you want to legally trade your own services, say you make websites, then you have to become "autonomo" - like self-employed, and pay between 60 to 100 euros a month taxes even if you make no money as self-employed. hahaha. That after you will have to pay a lawyer some 60 more euros a month to deal with the shitload of papers and nonsense.

You know these "taxes" in theory seem like a decent idea: take a bit of money from each citizen, to then put that money into healthcare and other things that will be free for these "citizens".

In practice it is shitshow of corruption and making the rich richer. And a huge pain in the ass for everyone. I would not mind contributing 20% of my "income" to a tribe if I get free healthcare and other benefits, but only if it was made simple and you could see the effect of your contribution.

Spain seems like the capital of papers and nonsense. But the entire world is like that one way of another...

Such a wasted time on the most "unique" planet in the universe. Deal with papers, try to survive, be busy with nothing things... No thank you!

So yeah, in a trade based society is not enough to "trade", you have to do it in a particular way. And if you are poor you are entirely fucked to begin with anyway.

endofrant

bephep, to music German
@bephep@troet.cafe avatar

I actually wanted to do my tax return. Instead, I made a song about it. That's true procrastination.

https://youtu.be/4C60QzRpCh4?si=e3WLBfZCbfcOE2FP

alanrycroft, to random
@alanrycroft@mastodon.world avatar

Billionaires don’t like Ottawa’s capital gains tax hike, but you should: It’s an overdue step toward making our tax system fairer

“We don’t think it’s fair that a teacher or electrician pays taxes on 100% of their income while a multimillionaire pays taxes on only 50%,” said Trudeau

https://www.thestar.com/business/opinion/billionaires-dont-like-ottawas-capital-gains-tax-hike-but-you-should-its-an-overdue-step/article_bdd56844-00b5-11ef-a0f1-fb47329359d9.html

preslavrachev, to Germany
@preslavrachev@mastodon.social avatar
GhostOnTheHalfShell, to Economics
@GhostOnTheHalfShell@masto.ai avatar

@economics@a.gup.pe

#StrongTowns #taxes #economics

9 min

not surprising. the poor subsidize the wealthy.

https://youtu.be/vfZbvSWmmFM

GarlicBreath, to random
@GarlicBreath@blackrocks.social avatar

I don’t know, the more I read about this outrage the more it sounds mostly like moderately wealthy people don’t want to pay taxes on selling their second homes and corporations are, once again, throwing around empty threats of leaving Canada. I’m unsympathetic to these complaints.

https://www.thestar.com/politics/federal/heres-why-justin-trudeaus-changes-to-the-capital-gains-tax-are-making-some-canadians-furious/article_9fcd05d2-fdb8-11ee-8731-931ee5e49e8b.html

paul_denton, to random French
@paul_denton@mastodon.social avatar

Macron a passé un savon à Attal pour avoir annoncé un projet de taxation des "rentes". Le président, "ulcéré" par la tournure du débat sur le déficit public, lui a interdit à lui et à ses ministres de prononcer ce mot, relate Le Point. Il ne faudrait pas s'aliéner ces meilleurs soutiens...

RunRichRun, to USpolitics
@RunRichRun@mastodon.social avatar

Crazy to me that TFG (a.k.a. he who will not be named here) and others at top of the Republican Party have convinced so many working class followers that they are the low tax party. They're not — unless you're either wealthy or a corporation: https://finance.yahoo.com/news/trump-era-tax-cuts-set-160750197.html

It really is "smoke and mirrors." It always was. Goes back to David Stockman's "trickle down economics" — and earlier!
via @GottaLaff
https://mastodon.social/@GottaLaff/112287834575311231

peterbutler, to ukteachers
@peterbutler@mas.to avatar

The average US taxpayer spends $1,748 per year for Pentagon contractors and $346 for K-12 education

Happy Tax Day! 😭

https://www.nationalpriorities.org/analysis/2024/tax-day-2024/

binford2k, to random
@binford2k@hachyderm.io avatar

All right, let’s get these started.

TheConversationUS, to random
@TheConversationUS@newsie.social avatar

PSA: Pay your taxes. Neither your theories about the unconstitutionality of the income tax or your objection to the US government spending your money on war will keep the IRS from coming after you.
https://theconversation.com/taxes-are-due-even-if-you-object-to-government-policies-or-doubt-the-validity-of-the-16th-amendments-ratification-227208

cliffwade, to america
@cliffwade@allthingstech.social avatar

It's that bad time of the year when we as Americans must file taxes before the deadline of April 15th.

Today was my day, and taxes have been filed, as much as I hate to do it, simply because I owe a ton of money due to being a contractor!

Hopefully that's all about to change, very soon!

KatM, to random
@KatM@mastodon.social avatar

DO NOT use FileYourTaxes.com no matter what the IRS tells you about it being a preferred service provider.

Once you create an account you cannot delete it, nor any of the financial data you provide. What's more... no 2-factor login.

The website is awful and all you'll get are form letter responses from an unmanaged email address you're given to request account deletion.

None of this is disclosed until you've created the account.

Beware! Avoid!

cliffwade, to fediverse
@cliffwade@allthingstech.social avatar

Good morning and happy Friday to the #Fediverse today.

Let's all discuss what the day holds for us today as well as the weekend ahead.

Work stuff for a bit, then I'm off to file my taxes, which is a horrible time of year, but it's got to be done.

Tonight is Fortnite with friends like we do each Friday. Hoping to get some more time in with Horizon Forbidden West as well.

#MorningMoments #GoodMorning #HappyFriday #VideoGames #Taxes #Work

An image with a yellow background that says Happy Friday. There is an animated emoji showing off 3 or 4 different emoji.

ZhiZhu, to politics
@ZhiZhu@newsie.social avatar

"The modern is supposed to be pro-family, pro-tax-cuts and anti-“waste, fraud and abuse.” So why are trying to tank a bill that is all three?

In January, lawmakers hammered out a kids-and-companies deal: would extend a few business tax breaks that had recently expired in exchange for expanding the . The bipartisan compromise turned out to be a very good bill"
https://www.washingtonpost.com/opinions/2024/04/11/child-tax-credit-republicans-senate/

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