RedGreenDevon · @RedGreenLibre
64 followers · 1232 posts · Server freeradical.zone

Answered phones and 4 other ways the funding boost is paying off

Natasha Sarin - "My work with Mark J. Mazur, a former assistant treasury secretary for tax policy, suggests the agency will collect upward of $500 billion from these efforts over the next decade. And the total might well be higher. Recent work suggests every $1 spent auditing high-income individuals means more than $12 in additional tax revenue".
washingtonpost.com/opinions/20

#irs #tax #taxtherich #taxpolicy #InflationReductionAct

Last updated 1 year ago

ben dafydd gillard · @benchaotica
47 followers · 1780 posts · Server mastodon.nz

I have seen announcements from both National and Labour about how much less tax or GST the "average" (mean? median? waged-or-salaried-only? >16?) person would pay under their proposed policies.

To me that "average" number is irrelevant. The more important numbers are how much less (or more) the poorest and richest people will pay, and especially the former. I need these numbers to gauge the fairness and worth of the policy.

#taxpolicy #election2023

Last updated 1 year ago

CryptoNewsBot · @cryptonewsbot
675 followers · 35582 posts · Server schleuss.online
CPIPR · @PopResearchCtrs
486 followers · 662 posts · Server sciences.social
CPIPR · @PopResearchCtrs
484 followers · 656 posts · Server sciences.social

Taxing the amount of sugar in a drink, not the volume of liquid that accompanies the sugar—could boost the health & economic impact of sugar sweetened beverage taxes by roughly 30%

ncbi.nlm.nih.gov/pubmed/314886

#NICHDimpact #publichealth #sugar #taxpolicy

Last updated 1 year ago

markzbarabak · @markzbarabak
295 followers · 296 posts · Server newsie.social

Comforting the comfortable…

“These cuts are great news for wealthy tax evaders and bad news for the rest of us.”

LA Times Owen Tucker-Smith

t.co/7eZEpmvlPF

#business #irs #taxes #taxpolicy #congress #taxcheats #politics

Last updated 1 year ago

Marion Davis · @marionsd
204 followers · 371 posts · Server better.boston

Massachusetts' 61B property tax break is meant to apply to natural spaces and recreational areas open to the public or to members of a nonprofit. But these highly exclusive golf clubs are nonprofits, too. Talk about gaming the system!

Was the Legislature naïve when it passed this, or was this done knowingly, since these clubs "do a lot for the community"?

bostonglobe.com/2023/05/02/met

#mapoli #taxpolicy #taxes #openspace

Last updated 1 year ago

Kaleb Haugen :antiverified: · @kaleb_haugen
33 followers · 395 posts · Server hachyderm.io

How much has the US spent on consumer incentives (tax credits) since 2000?

My hypothesis is that the overall has been exceptionally low when compared to the estimated societal costs due pollution that was offset by EV incentives.

#analytics #data #ev #taxpolicy #pollution #ice #petrodollar

Last updated 2 years ago

BrunoMcGee · @BrunoMcGee
207 followers · 1428 posts · Server newsie.social

Dems could name their tax proposals "The Restore Your Granddaddy's Fair Tax Rates" or something catchy-er than I can think of right now.




#nbcnews #bias #taxpolicy #Democrats

Last updated 2 years ago

BrunoMcGee · @BrunoMcGee
207 followers · 1427 posts · Server newsie.social

Why does coverage of tax measures proposed by characterize them as "new taxes" or "new tax increases", rather than as "restoration of tax rates" to a prior benchmark year?


#nbcnews #PresidentBiden #mediabias #taxpolicy

Last updated 2 years ago

Mark Abraham · @urbandata
1788 followers · 601 posts · Server mastodon.world

The five largest oil companies raked in $195B in profits last year, which is 20X higher than the entire annual budget of the EPA. The US is a petrostate.

#climatechange #taxpolicy

Last updated 2 years ago

Mark Abraham · @urbandata
1702 followers · 575 posts · Server mastodon.world

Black Americans are 3 to 5 times as likely to be audited by the , compared to other taxpayers, "even when comparing that group to other taxpayers who also claim the EITC" & "accounting for differences in the types of returns" nytimes.com/2023/01/31/us/poli
via DataHaven (@ctdata)

#IRS #racialequity #taxpolicy #blackmastodon

Last updated 2 years ago

Mark Abraham · @urbandata
1695 followers · 567 posts · Server mastodon.world

“If Republicans hadn’t spent nearly $2 trillion on the Trump tax cuts for giant corporations and billionaires and hollowed out the IRS to help wealthy tax cheats, the United States wouldn’t even need to raise the debt ceiling this year.” - Elizabeth Warren

#DebtCeiling #taxpolicy

Last updated 2 years ago

Mark Abraham · @urbandata
1680 followers · 551 posts · Server mastodon.world

Extraordinary even when compared to trends during the past two decades of rising .

“During the pandemic and cost-of-living crisis years since 2020, $26 trillion (63 percent) of all new wealth was captured by the richest 1 percent, while $16 trillion (37 percent) went to the rest of the world put together. A billionaire gained roughly $1.7 million for every $1 of new global wealth earned by a person in the bottom 90 percent.”

oxfam.org/en/press-releases/ri

#inequality #wealth #taxpolicy #billionaires

Last updated 2 years ago

Jeff Stone · @JS
13 followers · 57 posts · Server newsie.social

This segment is astonishing but not surprising. 's capitalism-cheerleading show lays it out in plain view. The ultra-wealthy greedhounds and their Captive are ransacking us. It's always been thus to some degree but it's hugely exaggerated now. would be encouraging us to this. marketplace.org/2023/01/16/how

#npr #marketplace #congress #mlk #change #taxpolicy

Last updated 2 years ago

Cwnidog · @cwnidog
285 followers · 5650 posts · Server universeodon.com
Mark Abraham · @urbandata
1554 followers · 461 posts · Server mastodon.world

(3/n) “there should be a noticeable difference between the fees small city cars and big sport utility vehicles have to pay, which actually aren’t needed in the city.”

A New Way to Curb the Rise of Oversized Pickups and SUVs

bloomberg.com/news/articles/20

#roadsafety #taxpolicy #urbanism #walkability #BikeTooter #publichealth #visionzero

Last updated 2 years ago

Mark Abraham · @urbandata
664 followers · 193 posts · Server mastodon.world
Graham Tilbury · @grahamtilbury
6 followers · 21 posts · Server mastodonapp.uk

advocating that cannot be looked at in isolation, but along side to make tax compliance simple, and so citizens believe they get value from their taxes

#RitadelaFeria #taxpolicy #taxadministration #taxmorale #taxmix2050

Last updated 2 years ago

Graham Tilbury · @grahamtilbury
6 followers · 21 posts · Server mastodonapp.uk

arguing that too much discussion is happening behind closed doors. The discussions shouldn't just be a one off, and shouldn't just be happening in Brussels but around Europe.

#PaulTang #taxpolicy #taxmix2050

Last updated 2 years ago