How Private Is 'Private Charity'?
Private charity may be more accurately described
as "private donations coupled with involuntary, tax-financed public subsidies." And it's not fair
: "very low-income people paying only payroll taxes get hardly any leverage for their donations. Very high-income people in states with high income-tax rates – such as New Jersey and New York – can through the tax code virtually double the money funneled to a charity per dollar of their own sacrifice." (previously
posted by kliuless
on Jan 17, 2011 -
Where does my tax money go?
From USA Today, a calculator and graph that lets you enter your salary and shows you how your tax dollars are spent. You can also change the year shown, so that you can compare now and then.
posted by OmieWise
on Feb 3, 2010 -
Alan Grayson (D - FL) has introduced a bill
to tax corporate political campaign donations at 500% (via
). The bill is called the "Business Should Mind Its Own Business Act."
posted by lohmannn
on Jan 25, 2010 -
Blow the whistle on the rich and powerful, go to jail, while they avoid jail. Tax Notes, the weekly publication on federal taxation, announced its "2009 Tax Person of the Year" - a whistleblower from Swiss banking giant UBS whom it called "the Benedict Arnold of the private banking industry." Bradley Birkenfeld
came forward and exposed the tax fraud dealings of UBS which led thousands of millionaire tax cheats to come forward and pay billions in back taxes. His reward? Tomorrow he goes to jail
. The Government Accountability Project (GAP), a Washington watchdog organization that has extensive whistle-blower experience, says a chilling effect is already apparent: a senior executive at a European bank that offers similar U.S. tax shelters is having second thoughts about going public because of the Birkenfeld case.
posted by caddis
on Jan 7, 2010 -
Secrecy Jurisdictions: Mapping the Faultlines
highlights research on 'the jurisdictions and mechanisms used to facilitate illicit financial flows worldwide, including especially flows from developing countries. Those flows, from developing countries alone, are estimated at $850 billion - US$1 trillion per year. At the core of this project is the biggest survey of tax havens
, or secrecy jurisdictions as we prefer to call them, that has probably ever been undertaken.' A project of the Tax Justice Network
posted by Abiezer
on Dec 3, 2009 -
The Tax Gap
- "The Guardian will examine the extent of tax avoidance by big business, day-by-day over two weeks. We are naming more than 20 major British companies, and analysing their secretive tax strategies to ask: are they paying their fair share?
posted by Gyan
on Feb 4, 2009 -
The Next New Deal With the vaunted post-Cold War "Peace dividend" evaporating, the United States found itself unable to invest adequately in either its infrastructure or its children. Eventually people began to talk of another Great Depression, before the coming of the next New Deal.
posted by Kwantsar
on Oct 1, 2008 -
The Every Child Matters Education Fund
, a non-profit organization that lobbies for better education and services for children, released a report
(audio accompanies link text) this week that reveals that geography is as important as race and class in determining which children succeed, and which fail.
The five highest ranking states, based on such factors as child poverty, infant mortality rates, juvenile incarceration rates and the like, were all in New England, with Vermont on top. The bottom five were all in the central South, with Louisiana coming in last... States with a high tax burden did a far better job of minimizing childhood poverty than low-taxing states.
Via John Ibbitson
in the Globe and Mail [more inside]
posted by KokuRyu
on Apr 4, 2008 -
A very special 'This American Life
' about an administration with the endemic belief that laws only apply to the little people, and a limitless refusal to concede on even petty issues, no matter the costs. The highlight is about immigrant widows of US citizens (30:50). The program also discusses the constitutional beliefs of the presidential candidates. [more inside]
posted by East Manitoba Regional Junior Kabaddi Champion '94
on Apr 2, 2008 -
The poll tax caused massive rioting in the UK. Will the pole tax
move Texans to do the same? There's an interesting class-war
aspect to the story. The bill
specifies that the revenue generated will support sexual assault prevention programs, though the bill's legality is being litigated.
posted by aerotive
on Jan 8, 2008 -
is a very successful, well-compensated
and winner of numerous Grand Prix World Championships. He is under investigation
by Italian authorities for tax evasion, which The Doctor
allegedly accomplished in part by relocating to London and possibly taking advantage of the Non-domicile classification
[link to google cache to avoid registration
] for tax purposes. According to UK authorities, in 2003, for instance, his declared income
was £650. Even a priests is becoming vocally upset
at Rossi and the public's reaction. On a far larger scale, the UK was earlier this year identified as an Offshore Financial Center in an IMF white paper
[34 page PDF
]and there are those who think the purported tax-haven monster
should be confronted. The Norwegian government agrees
and wants to "facilitate the recovery of assets illicitly stacked away in tax havens" by way of a global coalition, of which the UK is not part.
posted by preparat
on Sep 3, 2007 -
The Tax Man Cometh:
"They believe, in the face of all evidence to the contrary, that their citizen's understanding of the written law should, and in some Platonic sense does, trump the realities of dealing with the government. This makes them uniquely American rebels--more true, they maintain, to the nation's core values than those of us who follow the pragmatic advice . . . "You mess with that shit, you are going to jail." Brian Doherty
analyzes the tax resistance movement (from 2004). Meanwhile, another ugly confrontation
is brewing in New Hampshire, and violence
is in the air. Mr. Brown, of course, has his views.
posted by fourcheesemac
on Jan 21, 2007 -
Many people want to legalize, regulate, and tax marijuana and other drugs, however, few know that many U.S. states are content simply to tax
. In fact, even the federal government wants a share (middle of p. 89 of the PDF)
, and used tax stamps
in early prohibition
, but only the states have recently issued issued
cool stamps (be sure to click "exhibit")
. The point, of course, is not to actually tax the drugs, but to penalize the drug dealers for tax evasion
as well as drug sales. They have brought in some money, though
. A few interesting state government pages: Conecticut
, North Carolina
and their tax return form
, and Kansas
posted by TheOnlyCoolTim
on Jan 15, 2007 -
Cost of Government Day
the date of the calendar year, counting from January 1, on which the average American has earned enough in cumulative gross income to pay for his or her share of government spending (total federal, state, and local) plus the cost of regulation."
posted by Gyan
on Dec 3, 2006 -
Is the U.S. Bankrupt?
[332Kb PDF] Laurence Kotlikoff, writing in this month's Federal Reserve Bank of St. Louis Review
, says "yes" - to the tune of $66 trillion! [more inside]
posted by ikkyu2
on Jul 16, 2006 -
Recent surveys show that fast-food packaging makes up about 20 percent of all litter, with snack foods comprising another 20 percent. Oakland, CA is the first city to tax companies who create "Fast-Food Trash"
posted by stbalbach
on Feb 8, 2006 -