federal taxes Archive

Happy Birthday, TPC
April 1, 2022
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TweetShareSharePin0 Shares On April 1, 2002, a press release announced, “The Tax Policy Center, a new joint venture between the Urban Institute and the Brookings Institution” was… Source link TweetShareSharePin0 Shares

The Winners and Losers of Rising Oil Prices
April 1, 2022
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TweetShareSharePin0 Shares With gasoline prices spiking, many state legislatures are debating whether to suspend gas taxes in an effort to provide some relief to consumers. But higher fossil fuel prices have other important consequences for states. The big winners are energy producing states such as Alaska and North Dakota where production taxes, known as severance

The Tax Justice Network’s French podcast: Prix des transferts, Accord Fiscal International: Pourquoi les choses doivent changer pour l’Afrique? #38
April 1, 2022
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TweetShareSharePin0 Shares Welcome to our monthly podcast in French, Impôts et Justice Sociale with Idriss Linge of the Tax Justice Network. All our podcasts are unique productions in five different languages every month in English, Spanish, Arabic, French, Portuguese. They’re all available here and on most podcast apps. Here’s our latest episode: Pour cette 38ème épisode de votre podcast en français sur la justice sociale et

Big Blacklist, Smaller State Tax Cuts
April 1, 2022
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TweetShareSharePin0 Shares Pelosi isn’t buying a gas tax holiday. She told reporters yesterday she might support a rebate or direct payment to consumers but a gas tax holiday is a no-go. She called it “very showbiz” but identified multiple downsides: “So we’re losing the money in the Highway Trust Fund. It goes to the oil

Tax Justice Network Portuguese podcast: Sanções a oligarcas exigem fim de sigilo fiscal #35
March 31, 2022
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TweetShareSharePin0 Shares Welcome to our monthly podcast in Portuguese, É da sua conta (it’s your business) produced by Grazielle David, Daniela Stefano and Luciano Máximo. All our podcasts are unique productions in five different languages – English, Spanish, Arabic, French, Portuguese. They’re all available here. Here’s the latest episode: Sanções a oligarcas exigem fim de sigilo fiscal #35 Tão logo a guerra na Ucrânia começou, os governos
Using the Equity in Your Home For Home Improvements
March 31, 2022
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TweetShareSharePin0 SharesUsing the Equity in Your Home For Home Improvements Is it time for a new roof and updated windows? Do the kids need more space? Is the garage overrun with stuff with no room for the cars? You’re going to need some money to get these projects done, whether you decide to hire a

Biden’s New Taxes for Billionaires: One Is Hard, One Is Easy
March 31, 2022
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TweetShareSharePin0 Shares This week, President Biden proposed two new taxes on the very rich. A minimum income tax that Biden calls a billionaire tax but would in reality apply to households with a net worth of $100 million or more. And a separate tax at death on gains from appreciated assets, even if the assets

No, trusts are not impenetrable shields for oligarchs’ assets. Here’s how to pierce them.
March 31, 2022
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TweetShareSharePin0 Shares On 22 March 2022, the BBC and the Guardian published a story about Alisher Usmanov, a Russian mining and telecoms oligarch, who is a former major shareholder of Arsenal football club and was once said to be the UK’s richest person. He is now a subject of sanctions against key associates of Russian

Blocking IRS Criminal Enforcement Funding, A Little Cut In Grocery Taxes
March 31, 2022
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TweetShareSharePin0 Shares Senate kills new funding for IRS criminal enforcement crackdown on Russian oligarchs. The AP reports Senate Republicans blocked $30 million for the IRS criminal investigation unit that had been included in the recent Ukraine aid package. Among its roles, that group was tasked with tracing assets hidden by Russians who have been sanctioned

The Many Ways To Tax The Rich
March 31, 2022
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TweetShareSharePin0 Shares How to tax the rich? Let us count the ways. New taxes on capital income? Higher income tax rates? A wealth tax? Some mash-up of all these ideas? All aim to raise taxes on the very rich, driven by the twin desires to boost revenue and address growing wealth inequality. But while these