Worth noting that both #counciltax and #capitalgainstax have ended up being in part a #wealthtax on those of modest means while being designed not to affect the really wealthy at all significantly. Getting rid of inflation indexation on capital gains and then reducing the annual exemption has had that effect - anyone who makes the mistake of holding shares for more than a year or so can expect to be caught by #capitalgainstax even if all that has happened is general inflation!
#counciltax #capitalgainstax #wealthtax
@Susan60 It is a fundamental human right. IMO peeps is creeps if they use housing acquisition as a means of personal enrichment. They are selfish greedy bastards, & elicit zero sympathy from me if they experience "mortgage distress" etc.
More, MUCH more, good quality affordable #PublicHousing pls, & an end to housing #NegativeGearing + #CapitalGainsTax exemptions.
Greedy bastards.
#PublicHousing #negativegearing #capitalgainstax
UK Treasury seeks input on taxing DeFi staking and lending - The proposed regulatory changes seek to simplify how DeFi returns... - https://cointelegraph.com/news/uk-treasury-seeks-input-on-taxing-defi-staking-and-lending #hmrevenueandcustoms #capitalgainstax #revenuebynature #consultation #taxation
#taxation #consultation #revenuebynature #capitalgainstax #hmrevenueandcustoms
Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets - A bill seeking to put blockchain and crypto assets under the purview of the Kenyan... - https://news.bitcoin.com/alleged-kenyan-bill-proposes-widening-definition-of-securities-to-include-crypto-assets/ #kenyacapitalmarketsauthority #abrahamkipsangkirwa #capitalgainstax #cryptocurrency #ambokojulians #blockchain #news
#news #blockchain #ambokojulians #cryptocurrency #capitalgainstax #abrahamkipsangkirwa #kenyacapitalmarketsauthority
@KCDomino most #IncomeTax systems for #Wagework are progressive in that a lower percentage is taken by those earning less...
That being said for no good reason does this not apply to #CapitalGainsTax nor anyone living off #capital.
They don't even pay #healthcare or #SocialSecurity, as if they can't become incapacitatingly sick and potentially disabled.
In that regard, organized religion, espechally the church and most notorioisly weath-hoarding Catholics and Evangelicals need to be taxed.
#socialsecurity #Healthcare #capital #capitalgainstax #wagework #IncomeTax
FAQ: Understanding who will pay Washington’s new capital gains tax and potential exemptions - The Washington state Supreme Court ruled that a statewide tax on capital gains is... - https://www.geekwire.com/2023/faq-understanding-who-will-pay-washingtons-new-capital-gains-tax-and-potential-exemptions/ #capitalgainstax #civic
Seattle startup founders, investors react to new state capital gains tax that targets stocks - Seattle tech entrepreneurs and investors were mixed in their response to a new ru... - https://www.geekwire.com/2023/seattle-startup-founders-investors-react-to-new-state-capital-gains-tax-that-targets-stocks/ #capitalgainstax #civic
Capital gains tax ruled constitutional by Washington state Supreme Court - The Washington state Capitol Building in Olympia, Wash. (Bigstock Photo)
The W... - https://www.geekwire.com/2023/capital-gains-tax-ruled-constitutional-by-washington-state-supreme-court/ #capitalgainstax #civic #tax
🤔 There has been a dramatic upsurge in top fiscal income shares in the US in 2020 and 2021, driven by huge capital gains realization and strong business profits. The top 1% share now far exceeds its previous peak of 1928. https://eml.berkeley.edu/~saez/saez-UStopincomes-2021.pdf #Inequality #TaxTheRich #taxes #1u #canlab #CapitalGainsTax
#capitalgainstax #canlab #1u #taxes #taxtherich #inequality
Letter in defense of the capital gains tax & how eastern wa would benefit from the richest millionaires & billionaires living mostly in wealthy enclaves in King Co, finally paying what they owe
https://www.spokesman.com/stories/2023/feb/08/denisse-guerrero-capital-gains-tax-helps-right-wro/
Death and self-custody: How to pass on your crypto when you die - Crypto lawyers suggest including highly detailed instructions in ... - https://cointelegraph.com/news/death-and-self-custody-how-to-pass-on-your-crypto-when-you-die #5-dollarwrenchattack #digitalassetlawyer #inheritingcrypto #capitalgainstax #inheritancetax #liamhennessy #irinaheaver #inheritance #krishgosai #gosailaw #gadens #dubai
#dubai #gadens #gosailaw #krishgosai #inheritance #irinaheaver #liamhennessy #inheritancetax #capitalgainstax #inheritingcrypto #digitalassetlawyer
"Inclusionary zoning is a non-threatening phrase to describe landowners benefiting from a zoning change being required to hand over a certain percentage of the sub-divided land, or a monetary equivalent, to a community housing provider in order to build affordably priced homes for rent or sale. It is a common practice in the United States, the UK and Australia."
#nzpol #nzpolitics #localpolitics #capitalgainstax
"Inclusionary zoning is a non-threatening phrase to describe landowners benefiting from a zoning change being required to hand over a certain percentage of the sub-divided land, or a monetary equivalent, to a community housing provider in order to build affordably priced homes for rent or sale. It is a common practice in the United States, the UK and Australia."
#nzpol #nzpolitics #localpolitics #capitalgainstax
Aussie federal budget reaffirms BTC won’t be treated as foreign currency
https://cointelegraph.com/news/aussie-federal-budget-reaffirms-btc-won-t-be-treated-as-foreign-currency
#AustralianFederalBudget #ForeignCurrencyTax #Bitcointaxation #CapitalGainsTax
#AustralianFederalBudget #ForeignCurrencyTax #Bitcointaxation #capitalgainstax
A few words of warning from #Australia about the #CapitalGainsTax that #Biden is proposing.
It may be okay in itself, but no matter how the #tax is applied, if you give them a chance to offset their gains with loses, you still end up with the biggest, most #wellConnected #kleptocrats finding mates to lose money too, to circumvent paying tax.
It really does become a game, a racket, to these players.
A #ProgressiveLandTax on #RentalValue is fairest.
#australia #capitalgainstax #biden #tax #wellConnected #kleptocrats #ProgressiveLandTax #rentalValue #taxation #profitLossTaxation #LandTax
Over $200 billion wiped off cryptocurrency market in a day as bitcoin plunges below $50,000 https://cnb.cx/3nbXIOF
I understood that #CapitalGainsTax will effect the value of cryptocurrencies.
For forward, will the investor, including me, be more struggled?
#Biden #CNBC
Biden to propose capital gains tax of 39.6% to fund education and child care, reports say https://cnb.cx/3sGmdo7
Not bad, but will it hold?
Most Republicans will strongly oppose.
#CapitalGainsTax #capitalgains #bidentax #Biden #BidensAmerica #TaxTheRich #capitaltalk #CNBC
#cnbc #capitaltalk #taxtherich #bidensamerica #biden #bidentax #capitalgains #capitalgainstax