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33 posts tagged with taxation.
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"Government was created in this equal footing for men and women."

"The country has cheaper medical care, smarter children, happier moms, better working conditions, less-anxious unemployed people, and lower student loan rates than we do. And that probably will never change." In The Atlantic, a comparison of some of the socio-economic aspects of Finland and the USA. [more inside]
posted by Wordshore on Jul 11, 2013 - 55 comments

Taxes and inequality

The comparative experience thus suggests that for inequality reduction, it is the quantity of taxes rather than the progressivity of the tax system that matters most. Affluent countries that achieve substantial inequality reduction do so with tax systems that are large but no more progressive than ours [America's]. [more inside]
posted by mattn on Aug 13, 2012 - 31 comments

The NoDeficits club

How the Austerity Class Rules Washington. Tracing the origin of a political meme. (Via Paul Krugman.)
posted by Kevin Street on Oct 21, 2011 - 28 comments

(That's 9% Income Tax, 9% Sales Tax, 9% Corporate VAT)

Effect of Herman Cain's proposed "9-9-9" tax reform plan on average household tax liability. Cain is leading the field of GOP Presidential candidates in polls of Iowa, South Carolina and Florida. Previously 1 2
posted by East Manitoba Regional Junior Kabaddi Champion '94 on Oct 20, 2011 - 283 comments

Wealthy French Want to be Taxed More

16 of France's mega-rich signed a petition urging the goverment to raise their taxes. Despite relatively high taxes and a wealth tax signatories such as the L'Oreal heir and the head of a major oil company, Total, are asking the government to raise their taxes to help solve the country's financial issues. Original petition (French).
posted by stp123 on Aug 23, 2011 - 95 comments

Tax Facts Hardly Anyone Knows

9 Things The Rich Don't Want You To Know About Taxes - "4. Many of the very richest pay no current income taxes at all: Paulson made himself $9 billion in fees in just two years. His current tax bill on that $9 billion? Zero... 9. Other countries do it better: no one in Germany or the rest of the modern world goes broke because of accident or illness" (via) [more inside]
posted by kliuless on Apr 18, 2011 - 191 comments

The Brisk, Shady Sale of ‘Loosies’

With the crackdown on smoking and higher cigarette taxes in New York City, people who sell individual cigarettes, also known as loosies, are rapidly gaining new customers.
posted by reenum on Apr 5, 2011 - 69 comments

Why Not a Negative Income Tax?

Why Not a Negative Income Tax? "What kind of program could help protect every citizen from destitution without granting excessive power to bureaucrats, creating disincentives to work, and clogging up the free-market economy, as the modern welfare state has done? [Nobel-prize winning economist Milton] Friedman’s answer was the negative income tax, or NIT."
posted by shivohum on Mar 14, 2011 - 106 comments

Now in Brooklyn, Homegrown Tobacco

Fed up with anti-smoker sentiments and taxation of cigarettes, Audrey Silk decided to plant her own tobacco at her home in Brooklyn.
posted by reenum on Feb 25, 2011 - 149 comments

Is a black cat a deductable business expense?

The Romanian government has changed its labour laws, and in doing so has added a number of professions which weren't previously recognised but which are now subject to tax. Car valets, embalmers and driving instructors are unhappy to be added, but their protests aren't likely to be as scary as those of the...witches. [more inside]
posted by reynir on Jan 9, 2011 - 18 comments

The Loophole Artist

Jonathan Blattmachr, one of the country's leading estates and trusts experts, feels that helping his clients reduce their tax liability helps the IRS close loopholes that he and his colleagues use. As with most attorneys, there are some clients who weren't happy with his work, but Mr. Blattmachr pushes on with his efforts.
posted by reenum on Dec 29, 2010 - 18 comments

Communists and Religion and Corporations and Capitalism and Taxes and the 9th Circuit, oh my!

How do you tax religious communists engaged in capitalism through an exempt religious corporation? The Stahl Hutterian Brethren is a 65-member community of Hutterites that runs a 30,000 acre farm in Washington. The community is incorporated as a religious corporation. Its members give all their "time, labor, services, earnings, and energies" to the community. They disavow individual property ownership, draw no salary, and do not contribute to or collect Social Security benefits. Instead, the community provides for its members' personal needs. And now it is the subject of the most fascinating 9th Circuit tax case [PDF] you'll read this year!

But before you dig into the 9th Circuit opinion, here's a great summary and commentary by law professor Shaun Martin. The case addresses the very tricky question of whether, as employees of a non-profit religious corporation, the community members should be allowed to deduct their living expenses, which are paid for by the corporation (they're communists, after all). Tricky additional fact: The 65-member community is all one big family.
posted by The World Famous on Dec 13, 2010 - 36 comments

The Opening of a Conservative Mind

Bruce Bartlett, senior policy analyst in the Reagan White House, speaks out against Republicans - The monumental hypocrisy of the Republican Party is something amazing to behold. And their dimwitted accomplices in the tea-party movement are not much better. They know that Republicans, far more than Democrats, are responsible for our fiscal mess, but they won't say so. And they adamantly refuse to put on the table any meaningful programme that would actually reduce spending. Judging by polls, most of them seem to think that all we have to do is cut foreign aid, which represents well less than 1% of the budget. [more inside]
posted by kliuless on Jul 26, 2010 - 156 comments

Optomist Deductions: Skip To Line 6

Single Link NYT Post: A Tax-Form For The Marginally Employed.
posted by The Whelk on Apr 13, 2010 - 28 comments

You must be THIS TALL to file a W-2

Economists Matthew Weinzierl (HBS) and Gregory Mankiw (Harvard) make a utilitarian case for a height tax. [more inside]
posted by Kadin2048 on Jun 24, 2009 - 123 comments

Going Dutch

[E]ven if you are unemployed you still receive a base amount of [vacation money] from the government, the reasoning being that if you can’t go on vacation, you’ll get depressed and despondent and you’ll never get a job.
[...]
But does the cartoon image of [the Dutch system] — encapsulated in the dread slur "socialism," which is being lobbed in American political circles like a bomb — match reality? Is there, maybe, a significant upside that is worth exploring? [...] I think it’s worth pondering how the best bits might fit.
After a year and a half of living in the Netherlands, American writer Russell Shorto compares the Dutch "welfare state" to the tax, health care and social security systems of the United States.
posted by goodnewsfortheinsane on May 4, 2009 - 119 comments

Value Altered Tax

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 - 34 comments

Too tall!

Moreover, based on the empirical distribution of height and wages, the optimal height tax is substantial: a tall person earning $50,000 should pay about $4,500 more in taxes (pdf) than a short person earning the same income. Draw what inferences you will.
posted by Pants! on Dec 15, 2007 - 41 comments

The Economics of Fat

Cheap Donuts and Expensive Broccoli: the Effect of Relative Prices on Obesity. Using data from the National Health Interview Survey (NHIS) for the period 1982-1996, we find that individual BMI measures, as well as the likelihood of being overweight or obese, exhibit a statistically significant positive correlation with the prices of healthful relative to unhealthful foods.
posted by monju_bosatsu on Mar 27, 2007 - 61 comments

Drug Tax Stamps

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, Nebraska, North Carolina and their tax return form, and Kansas.
posted by TheOnlyCoolTim on Jan 15, 2007 - 30 comments

Funding Censorship

Do tax dollars fund censorship? Not the only example. When businesses get incentives from government, does this constitute endorsement? How constitutional is it?
posted by ewkpates on Oct 29, 2004 - 7 comments

California is literally going to hell in a handbasket.

Libraries? Sports? Music Programs? Guidance Counselors? Not on my bill, buddy! That crap is for nerds and jocks. It's all good here in sunny California.
posted by _sirmissalot_ on Mar 10, 2004 - 19 comments

Inland Review letter

Apparently genuine reply to a letter sent to the Inland Revenue. "I must take issue with your description of our last as a "begging letter". It might perhaps more properly be referred to as a "tax demand". This is how we, at the Inland Revenue have always, for reasons of accuracy, traditionally referred to such documents." [via Orbyn, via Cal]
posted by feelinglistless on Nov 28, 2003 - 9 comments

Mister, that sure is one big baby...

Drowning the government in a bathtub - "My goal is to cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub." Thus spoke Grover Norquist, of Americans for Tax Reform. "The lunatics are now in charge of the asylum", quipped the conservative UK Financial Times. Hardly, says Paul Krugman. The strategy?: "Instead of challenging popular liberal programs directly, the Republicans are creating fiscal conditions that make those programs unsustainable." [lead post, Am. Prospect]. In other words, the 400 billion dollar deficit, coupled with the Bush tax cuts, is designed to shift the obligations of the Fed onto the States and, later, to cause a fiscal train wreck after Bush is out of office.
posted by troutfishing on Jun 12, 2003 - 58 comments

The view is nice from the yacht

The bait and switch. A last-minute revision by House and Senate leaders in the tax bill that President Bush signed today will prevent millions of minimum-wage families from receiving the increased child credit that is in the measure.
posted by four panels on May 29, 2003 - 21 comments

Tax Havens, Millionaires' Hell-holes and Escaping

Millionaires' Havens, Heavens And Hell Holes: Ghastly, depressing Monaco comes in for a deserved drubbing from Philip Delves Broughton in this week's Spectator. The idea of billionaires surfing the Web looking for a hide-out makes me giggle and gag, but it appears poor people can play too. Have a look at (free!) e-zine Escape From America; run your index finger down a list of tax havens and choose the paradise place you'd scarper off to, if your money problems, whether from excess or lack of money, ever become too [sorry...] taxing.
posted by MiguelCardoso on Nov 29, 2002 - 9 comments

Want to cut taxes? Eliminate libraries.

Want to cut taxes? Eliminate libraries. NY Times story (yeah, yeah, reg required, sorry) talks about a ballot initiative in Stevens County, Washington that may totally eliminate its libraries. (more inside...)
posted by PeteyStock on Aug 20, 2002 - 67 comments

"we're good at growing hogs, and we ought to be selling our hogs all across the world."

"we're good at growing hogs, and we ought to be selling our hogs all across the world." Bush stumps at Pork Party about nixing the Estate Tax.
posted by crasspastor on Jun 8, 2002 - 33 comments

"What is your name? Do you have a claim against me? Does anyone have a claim against me? I demand, or request, that the order of the court be released to me immediately."

"What is your name? Do you have a claim against me? Does anyone have a claim against me? I demand, or request, that the order of the court be released to me immediately." (NYT link) 12 Michigan (natch) nutcases shout the same four questions over and over during their fraud, conspiracy, and tax evasion trial. Seems they believe the four questions shield them from government authority. They also believe the U.S. Constitution was invalidated when FDR took us off the gold standard, and the federal government has no power over them. I wonder if they'll come to feel differently after a few years in the federal penitentiary?
posted by pardonyou? on Dec 13, 2001 - 43 comments

Oops. Where did the surplus go?

Oops. Where did the surplus go? It' fascinating how MSNBC bends over backward to make it sound as if both parties shared blame equally rather then pointing straight at Bush's outrageous tax cut.
posted by muckster on Aug 27, 2001 - 36 comments

July 17th - The Day That Counts.

July 17th - The Day That Counts. These people have a plan to make their feelings known on the issue of public money being diverted to religious organizations. I had no idea that the atheists were so organized! Is this sort of thing a tremendous waste of time, or do you think it can, or will affect policy discussions?
posted by kristin on Jul 13, 2001 - 11 comments

Gates, Buffett & Soros unite to fight . . . the estate tax?

Gates, Buffett & Soros unite to fight . . . the estate tax? I think this is a good thing. It's definitely odd.
posted by aflakete on Feb 14, 2001 - 81 comments

Proposed IRS rule could limit the freedom to link.

Proposed IRS rule could limit the freedom to link. The US Internal Revenue Service is proposing a rule that might make it inadvisable for not-for-profit organizations to provide links on their Web sites to any political site. The IRS is proposing to interpret any link to a political site from the pages of a nonprofit as evidence that the nonprofit is "engaging in political activity" and thus in danger of losing its 503(c) status.
posted by lagado on Feb 5, 2001 - 8 comments

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