Might the United States, home to the world’s wealthiest people, sometime soon sport a tax on wealth? Media outlets the nation over have begun speculating … The Average American Pays Tax on Over Half Their WealthRead more
Tax
Posted inNews / Protest / Tax / USA Empire
Two-Thirds of Americans Favor Raising Taxes on Rich
A compelling majority of Americans favor raising taxes on people who make more than $400,000 per year, according to a new poll published Thursday by … Two-Thirds of Americans Favor Raising Taxes on RichRead more
Posted inCapitalism / Economics / Liberalization / Tax / ToMl
Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham
Neoliberal gospel says that cutting taxes on the wealthy will eventually benefit everyone by boosting economic growth and reducing unemployment, but a new analysis of … Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute ShamRead more
Posted inEconomics / Merger / News / Tax
Pfizer Acquires Allergan in Record $150B Deal to Avoid U.S. Taxes
Pharmaceutical giant Pfizer has sealed a more than $150 billion merger with fellow drug maker Allergan, marking one of the largest takeovers in the history … Pfizer Acquires Allergan in Record $150B Deal to Avoid U.S. TaxesRead more
Posted inMultimedia / Tax
One tax game
[youtube https://www.youtube.com/watch?v=FQeoyOBO-7g&rel=0] Simon Bowers
Posted inIndia / Tax / ToMl
GST Will Implode States; Himachal is Already Feeling the Heat
Now that the government of India has decided not to compensate the states owing to the shortfall in revenue collection of GST (goods and services … GST Will Implode States; Himachal is Already Feeling the HeatRead more
Posted inEconomics / Tax / ToMl
Reconsidering the Idea of Pigou Wealth Tax in the Time of Covid-19
Arthur Cecil Pigou (1877-1959), a British economist, is well known for his contributions to welfare economics. One of the most prolific writers of his time, … Reconsidering the Idea of Pigou Wealth Tax in the Time of Covid-19Read more
Posted inEconomics / Tax / ToMl
The rich dodge billions in capital gains tax using a very simple trick
The global economic crisis sparked by Covid-19 means governments urgently need additional revenue as emergency stimulus packages taper. Capital gains tax – a tax on … The rich dodge billions in capital gains tax using a very simple trickRead more
Posted inIndia / Multimedia / Tax
What Do The Panama Papers Reveal
[youtube https://www.youtube.com/watch?v=7C52rG83LYc&rel=0]
Posted inNews / Politics / Solar / Tax / USA Empire
Why they taxing solar industry
SolarCity Corp. and Sunrun Inc. filed a lawsuit Monday against the state Department of Revenue alleging that the department’s interpretation of a state law to … Why they taxing solar industryRead more