Watching this vid on property #taxes by #StrongTowns makes me wonder: what does America do right, society-wise? What does America do better than other developed nations?

We don't have #UniversalHealthcare, and #healthcare expenses are outrageous.

Our progressive tax system has been defanged by moneyed interests.

Our time off policies are pathetic, with paid childcare leave being rare to non-existent.

Our minimum wage is ridiculously low.

We've turned local law enforcement into military nuts, with LEO rarely facing true repercussions for committing crimes thanks to their ~~unions~~ gangs.

Voting is not compulsory, nor is easy everywhere, with plenty of hurdles depending on location/ethnicity.

The list goes on & on.

What does America do right 🤔

https://www.youtube.com/watch?v=8MjjHKIlKko

From Wolin to Rand: Once we knelt before the dictates of the #marketplace and lifted #governmentregulations, slashed #taxes for the #rich, permitted the flow of money across #borders, destroyed #unions and signed trade deals that sent #jobs to sweatshops in Mexico and China, the world would be a happier, freer and wealthier place. It was a con. But it worked.
#Ideas, however esoteric they may appear to the #public, matter.
#AllJobsShouldBeUnionJobs
https://scheerpost.com/2023/09/10/chris-hedges-the-pedagogy-of-power/

"Do Tax Increases Tame Inflation? The answer is 'yes' for personal income taxes...Using narrative-identified US federal tax changes post-World War II and disaggregated sectoral data on consumer and producer prices, we show that higher average personal income tax rates lower prices across a broad range of sectors"
-- American Economic Association paper, April 2023
https://www.aeaweb.org/articles?id=10.1257/pandp.20231070
Full PDF here:
https://qmro.qmul.ac.uk/xmlui/bitstream/handle/123456789/89399/Mumtaz%20Do%20Tax%20Increases%20Tame%20Inflation%3F%202023%20Accepted.pdf?sequence=2&isAllowed=y
--
#economics #AEA #inflation #taxes

Sarah #Huckabee is the worst. And I mean THE WORST. As governor of a #poor, floundering red state, you might think her #policy #agenda would include #legislation that improves the lives of her constituents, and improves the state's abysmal rankings in categories like health outcomes, education, and economy. NOPE! Sarah is, instead, focusing on cutting #taxes for the wealthy, stopping efforts to mitigate #COVID, and weakening #FOIA laws to protect her from #accountability

https://www.washingtontimes.com/news/2023/sep/9/arkansas-gov-sarah-huckabee-sanders-calls-special-/

#Taxes The IRS plans to crack down on 1,600 millionaires to collect back taxes https://app.screencast.com/3YgiiPfLPPFnd

Aha, the #Tories are exploring ways of cutting non-pension #benefits in the run up to the next #election to give #JeremyHunt the fiscal headroom to cut #taxes.

For anyone who has ever argued that #voting has little effect, the higher incidence of voting among pensioners seems to give them a degree of 'protection' unavailable to other classes of people in need of state support;

and don't forget, the #tripplelock will ensure state pension rises will nearly match #inflation, unlike most #wages

Blockchain Association responds to US lawmakers’ request for crypto tax guidance - Lawmakers with the U.S. Senate Financial Services Committee annou... - https://cointelegraph.com/news/blockchain-association-responds-lawmakers-request-crypto-tax-guidance #cryptocurrencies #unitedstates #regulation #government #taxes #law

The #IRS plans to crack down on 1,600 #millionaires to collect millions of dollars in back #taxes

https://ground.news/article/irs-cracking-down-on-1-600-millionaires-over-back-taxes

IRS announces crackdown on 1,600 millionaires https://politicaliq.com/2023/09/08/irs-announces-crackdown-on-1600-millionaires/ #IRS #Taxes #TaxCheats #Millionaire #BigBusiness #InternalRevenueService #InflationReductionAct #politicaliq #news #politics

#tax #taxes #communism #scam #crime #government #slavery #money #finance #economy #theft #taxesistheft #politics #culture #inflation #property #income

Oh my, I'd missed that:

"Two behavioral scientists who study honesty accused of using falsified data"

https://www.npr.org/transcripts/1190568472

Amazing :masto_lol:

#behavior #behaviouralScience #fraud #data #planetMoney #DanAriely #psychology #FrancescaGino #nudge #HarvardBusinessSchool #honesty #insurance #taxes #guatemala #dmv #DataColada

Do you wish filing your taxes every year wasn't so complicated? Well Biden and the IRS want to make tax-filing much easier, but Republicans and companies like Inuit are determined to keep it complicated.
#taxes #irs #capitalism
https://progressive.org/op-eds/why-tax-prep-giants-dont-want-irs-help-taxpayers-cohen-230905/

ACE OF COINS - John Jay Singleton reveals cryptocurrency TAXATION secrets the IRS hopes you never learn

Decentralize.TV -Episode 12 - Sept. 05, 2023

https://www.brighteon.com/083e2ba5-90b7-4341-a5cb-65d7e6567414

#cryptocurrency #taxation #IRS #taxes #finance #money #Bitcoin #privacy #Monero #taxforms #dollars #AceofCoins #JohnJaySingleton

It was a simpler time.... 🤣 #taxes

Japanese regulator seeks to scrap “unrealized gains” tax on crypto - Financial Services Agency has proposed to change the tax code aro... - https://cointelegraph.com/news/crypto-japanese-regulator-seeks-to-scrap-unrealized-gains-tax-on-crypto #japan #taxes

@flarion

It could be funded by #taxes or long-term debt (the latter use of public debt seems logical)... there's currently not enough budget to redsistribute under the current fiscal regime

Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert - Harvard scholar Christine Kim writes that income and wealth in th... - https://cointelegraph.com/news/failure-to-tax-the-metaverse-will-create-a-tax-haven-harvard-legal-expert #unitedstates #metaverse #taxes

Lets put some things in perspective shall we this morning;

Despite the shrill media coverage & #Tories policy actions, #benefits #fraud is not a major social problem....

The avoidance, evasion & non-collection of #taxes is where the drain from the 'public purse' is much more notable.

What might be done?
a. Simplfy the #tax system to remove opportunities to game the system;
b. Increase investment in HMRC enforcement capabilities...

chart from Kathleen Tyson (posted at the other place)

Should the U.S. implement a "robot tax?"

TechCrunch reports: "MIT economists Arnaud Costinot and Iván Werning discuss the potential impact a proposed 'robot tax' could have on automation and jobs."

https://flip.it/n5WlH7

#Robots #AI #Taxes #Tech

Support free tax filing!

https://www.opensecrets.org/news/2023/09/tax-prep-companies-lobbying-against-free-file-face-scrutiny-from-lawmakers/

#IRS #USTaxes #Taxes #FreeFile #Lobbying