> Millions of Americans can now access free tax returns
''Currently, eligible citizens in California, Arizona, Florida, Massachusetts, New Hampshire, Nevada, New York, South Dakota, Tennessee, Texas, Washington and Wyoming can use Direct File''
This week’s topic in How to do your Canadian taxes is about multiple payee’s (or employers)..
If you are receiving multiple sources of income, your primary source of income should typically be the only one accounting for your personal amount deductions. Make sure secondary payee’s, (ex: CPP, OAS, or 2nd employment) are not also claiming these amounts for you through payroll or it’ll increase your tax owing at the end of the year.
#POTUS Biden on Mon called for major new spending initiatives to lower costs for #healthcare, #ChildCare & #housing & enough new taxes on the wealthy & major corporations to pay for those proposals & also shave $3 trillion off the #NationalDebt over the next decade.
After making billions in #TaxDeductible donations to his philanthropy, the owner of #Tesla & SpaceX gave away far less than required in some yrs— & what he did give often supported his #SelfInterests.
Before Mar 2021, #ElonMusk’s charitable foundation never announced any donations to CameronCounty, an impoverished region at the southern tip of TX that is home to his #SpaceX launch site & local ofcls who help regulate it.
“Kindness & eagerness to learn (& parents that worked at #SpaceX) were the only criteria for admission,” wrote Joshua Dahn, the initial head of the school.
#AdAstra later moved to SpaceX’s Hawthorne, CA, headquarters & grew to >50 students. About ½ were related to SpaceX employees, Dahn said in an email. Dahn’s contract even said that the #IntellectualProperty he developed at the school would be ½ owned by #ElonMusk personally….
#Billionaires Hate This One Weird Trick: Taxing Them
Sure, #WealthTaxes are not a panacea for the ruinous problems caused by capitalism, but the fact that the rich hate them is a good reason to pursue them further
'I literally can't breathe': Woman making 6 figures says she doesn't know how she'll survive after taxes cost her $26,000--more than she owes in student loans
I see rich 'non doms' are angry at Jeremey Hunt stealing Labour's policy to end the tax break... and some are now threatening to leave the county.
To my mind this is a bit like squatters complaining to a landlord that the imposition of rent means they will leave & find somewhere else to live...
I say good riddance to them if they don't want to contribute taxes to the maintenance of a country that due to their malign influence is falling apart.