Treasury Department Archive
A TurboTax Settlement, An EU Minimum Tax
May 5, 2022
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TweetShareSharePin0 Shares Intuit to pay $141 million settlement over its misleading ads for “free” filing. New York’s attorney general announced TurboTax parent Intuit will pay $141 million to customers it attracted with promises of free tax-filing but who ended up paying for services. Intuit will suspend TurboTax’s “free, free, free” ad campaign and pay restitution
A TurboTax Settlement, An EU Minimum Tax
May 5, 2022
No Comments
TweetShareSharePin0 Shares Intuit to pay $141 million settlement over its misleading ads for “free” filing. New York’s attorney general announced TurboTax parent Intuit will pay $141 million to customers it attracted with promises of free tax-filing but who ended up paying for services. Intuit will suspend TurboTax’s “free, free, free” ad campaign and pay restitution
The Elephant in The Room: The Gap Between Federal Retiree Benefits and Taxes Paid
May 5, 2022
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TweetShareSharePin0 Shares President Trump was afraid to tackle the dominant set of spending and tax issues facing the federal government. Ditto, so far, for President Biden. Under current law, the Social Security and Medicare trust funds that pay out crucial benefits to retirees will go insolvent by roughly 2034 and 2026, respectively, triggering large mandatory
A TurboTax Settlement, An EU Minimum Tax
May 5, 2022
No Comments
TweetShareSharePin0 Shares Intuit to pay $141 million settlement over its misleading ads for “free” filing. New York’s attorney general announced TurboTax parent Intuit will pay $141 million to customers it attracted with promises of free tax-filing but who ended up paying for services. Intuit will suspend TurboTax’s “free, free, free” ad campaign and pay restitution
A TurboTax Settlement, An EU Minimum Tax
May 5, 2022
No Comments
TweetShareSharePin0 Shares Intuit to pay $141 million settlement over its misleading ads for “free” filing. New York’s attorney general announced TurboTax parent Intuit will pay $141 million to customers it attracted with promises of free tax-filing but who ended up paying for services. Intuit will suspend TurboTax’s “free, free, free” ad campaign and pay restitution
In States’ Culture Wars, Tax Policy—And Taxpayers—Should Be Off Limits
May 4, 2022
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TweetShareSharePin0 Shares Politicians typically do all they can to attract business to their states. But lately, some state policymakers are exerting their authority to punish businesses in their state that disagree with certain social policies. What happens when these two goals clash with one another? Or when they conflict with the vital job of collecting
Energy Taxes And Electric Vehicles
May 4, 2022
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TweetShareSharePin0 Shares Did Joe Manchin just justify a carbon tax? Sen. Joe Manchin called tax credits for electric vehicles “ludicrous” but by doing so, did he offer a powerful defense of a carbon tax? TPC Howard Gleckman writes he may have, if only inadvertently. While Manchin is right that tax credits would do little to encourage
The Tax Justice Network’s French podcast: Financement de l’Education: Quel justice fiscale pour l’Afrique?
May 4, 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 39ème édition de votre podcast francophone produit par the Tax Justice Network, nous partageons
State Sales Tax Breadth and Reliance, FY 2021
May 4, 2022
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TweetShareSharePin0 Shares Key Findings Sales taxes account for 29.52 percent of state tax revenue, but most sales taxes are imposed on narrow—and still-narrowing—bases, with average sales tax breadth of only 29.71 percent and a median of 35.72 percent. Sales tax bases range from 19.32 percent of personal income in Massachusetts to 93.89 percent in Hawaii;
Joe Manchin Just Made A Great Argument In Support of A Carbon Tax
May 3, 2022
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TweetShareSharePin0 Shares West Virginia Senator Joe Manchin set off environmentalists last week when he said tax credits to subsidize the purchase of electric vehicle (EV) tax credits are “ludicrous.” His argument: It makes no sense for government to subsidize EV purchases when demand for the vehicles far exceeds supply. In the short run, Manchin is
