federal taxes Archive

TweetShareSharePin0 Shares Tackling climate change and shifting the economy towards renewable energy has been a key part of the Biden administration’s agenda.  However, this effort must first confront an overly complicated and non-neutral tax code, particularly in how it treats nuclear energy, for the White House to reach its ambitious goal of a 100 percent

TweetShareSharePin0 Shares To facilitate and foster cross-border trade and to prevent significant competitive distortions, the European Union requires EU countries to levy a minimum excise duty of €0.36 per liter (US $1.55 per gallon) on gas. As today’s map shows, only Bulgaria and Hungary stick to the minimum rate, while all other EU countries opt

TweetShareSharePin0 SharesSmall Business Tax Deductions for Year End 2004 As a small business owner, it’s wise to familiarize yourself with some key deductions that may reduce your tax bill for 2004. Employee Benefit Plans – You may deduct contributions to employee benefit plans (such as health insurance plans and retirement plans). Depending on your circumstances

TweetShareSharePin0 Shares This article is cross-posted from The Counterbalance, the newsletter of the Balanced Economy Project, a new organisation dedicated to tackling monopolies and excessive market power. It has been slightly adapted for the Tax Justice Network’s blog. Today we focus on the strange concept of national competitiveness – the ‘competitiveness’ of countries or states (rather

TweetShareSharePin0 Shares Now that Senate Budget Chairman Bernie Sanders (I-VT) has kicked off the budget reconciliation process to advance President Biden’s agenda, Senators Elizabeth Warren (D-MA) and Angus King (I-ME) and Representative Don Beyer (D-VA) are pushing to create a new surtax on corporate book income. However, their arguments for the policy misconstrue why there

TweetShareSharePin0 Shares This week’s map showcases states which levy alternative minimum taxes (AMTs) to prevent corporations from reducing their corporate income tax liability beyond a certain level. Under an AMT, corporations are required to calculate their income tax liability under two systems and pay the higher amount. This requirement under the federal AMT imposed steep

TweetShareSharePin0 SharesDifferent Varieties Of Affiliate Marketing The benefits of affiliate marketing is more pronounced today than before. This is one of the main reason for the immense popularity of affiliate marketing programs among so many thousands of internet marketers. Latest web technology has enabled the affiliate marketers to get their statistics and income figures the