'Illinois wants Amazon to collect 6.25 percent sales tax and send it back to the state.' Amazon fights back.
Under current law, only companies with a physical presence in the state have to do this, but the new bill declares that even having affiliates in Illinois counts as "presence." 'An e-mail sent from the company to all of its Illinois affiliates this morning warns that, should Illinois Governor Pat Quinn sign a just-passed tax bill, Amazon is cutting off every affiliate in Illinois.
"We regret to inform you that the Illinois state legislature has passed an unconstitutional tax collection scheme that, if signed by Governor Quinn, would leave Amazon.com little choice but to end its relationships with Illinois-based Associates," said the e-mail.' [more inside]
posted by VikingSword
on Jan 7, 2011 -
Right Wing astroturfing
A non-scientific analysis of the patterns in forum board discussions on a variety of topics. The gist: discussions of issues in which there's money at stake (like climate change
, public health
and corporate tax
avoidance) are often characterised by amazing levels of abuse and disruption by rightwing libertarians who are pro-corporate, anti-tax, anti-regulation. Discussions of issues in which there's little money at stake tend to be a lot more civilised than debates about issues where companies stand to lose or gain billions.
posted by novenator
on Dec 20, 2010 -
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 -
Think your taxes are high now?
A list of the top ten salaries in the US in 1941, and the taxes they paid (spoiler: 65-73% tax rate! but, still doesn't include total compensation, though, which makes it a little sketchy). Interestingly, the NYTimes couldn't figure out two of the names, C.S. Woolman (who is probably C.E. Woolman
, one of the founders of delta airlines) and another mysterious name, J.C. Owsley, that seems to be unidentifiable
posted by yeoz
on Dec 1, 2010 -
The Obama Coalition
"These general findings suggest the possibility that the political strength of voters whose convictions are perhaps best described as Social Democratic in the European sense is reaching a significant level in the United States. With effective organization and mobilization, such voters are positioned to set the agenda in the Democratic Party in the near future.
posted by Glibpaxman
on Apr 4, 2010 -
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 -
On July 31 of this year, Rep. Thaddeus McCotter (R-MI) introduced H.R. 3501,
a bill aimed at granting tax deductions to owners of companion animals. Known as the HAPPY Act — Humanity and Pets Partnered Through the Years — it would create a deduction of up to $3,500 on federal tax returns for the care of "qualified" pets, defined as "legally owned, domesticated, and live animals." As of yet, there are no co-sponsors.
So did McCotter introduce the bill due to being a genuine supporter of animal protections,
or is this one Republican's way of trying to ensure taxpayers get to keep more of their money?
Either way, the ASPCA approves,
as do actors Leo Grillo and Robert Davi
posted by lovermont
on Oct 8, 2009 -
"Death and Taxes: 2009" is a representational poster of the federal discretionary budget; the amount of money that is spent at the discretion of your elected representatives in Congress. Basically, your federal income taxes. (previously)
posted by Knappster
on Oct 26, 2008 -
HowISpentMyStimulus.com In January, Congress approved $152 billion in economic stimulus checks for millions of American households, intended to boost the economy and avert a recession. Just how this money will be spent remains to be seen. We hope this website helps shed some light on where the stimulus money is going.
posted by ThePinkSuperhero
on May 31, 2008 -
Want to know how government spending and taxation levels have gone up or down over the last 20 years, and how they compare with other countries? The Organization for Economic Cooperation and Development has a handy set of tables (Excel
by Google): total spending, total revenues, fiscal surplus or deficit (Norway's surplus
is 17% of GDP). Part of the statistical tables
for the semi-annual OECD Outlook
posted by russilwvong
on May 30, 2008 -
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 -
Roads To Riches (or We've Got a Bridge in Brooklyn to Sell You--Seriously)
-- Why investors are clamoring to take over America's highways, bridges, and airports—and why the public should be nervous.--...a slew of Wall Street firms—Goldman, Morgan Stanley, the Carlyle Group, Citigroup, and many others—is piling into infrastructure ... Assets sold now could change hands many times over the next 50 years, with each new buyer feeling increasing pressure to make the deal work financially. It's hardly a stretch to imagine service suffering in such a scenario; already, the record in the U.S. has been spotty. ...
posted by amberglow
on Apr 29, 2007 -
US TaxFilter: Your real tax rate: 40%."In a study for the National Bureau of Economic Research, Boston University economists Laurence J. Kotlikoff and David Rapson have found that our all-in marginal tax rate is 40%, give or take a bit. Yes, you read that right: 40%.
" The table at the end is telling.
posted by knave
on Feb 26, 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 -
The First Law of Petropolitics, in short, argues that the price of oil and the pace of freedom operate in an inverse correlation. As the price of oil goes up in what I call petroauthoritarian states—like Iran, Sudan, Venezuela—the pace of freedom goes down. These regimes can afford to be less responsive to their people and outside pressure. And as the price of oil goes down, the pace of freedom goes up because these regimes have to open up to the world if they want to deliver for their people, and they have to empower their people more.
But how to lower oil prices and help freedom on its proverbial march? Many, from Alan Greenspan
to Andrew Sullivan
to Ray Magliozzi from Car Talk
think the answer may be to . . . raise the gas tax?
The Pigou Club
is an ever-updated list of economists, politicians and others who have advocated Pigouvian (or is it Pigovian?
) taxes to not only lower oil prices, but reduce greenhouse gases, fix the federal deficit and strengthen our national security. Though some remain more than a little hesitant to jump on the bandwagon
and others remain skeptical
that the movement is anything more than "just talk," this could be an idea whose time has come, especially since the gas tax isn't as regressive one would think
posted by joshuaconner
on Oct 25, 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 -
From estate tax to 'death tax'
Public Citizen released a report
[PDF link] today that "reveals how 18 families worth a total of $185.5 billion have financed and coordinated a 10-year effort to repeal the [U.S.] estate tax, a move that would collectively net them a windfall of $71.6 billion." The rich get richer...
posted by tippiedog
on Apr 25, 2006 -