#tax

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Mastodon's Billionaire Owner @bluewave_kiwi@mastodon.nz · Aug 06, 2026
New Zealand's richest man makes the largest single donation this cycle, to National. This is the death of democracy, outright corruption and is one way our political system gives outsized influence to the super-rich, to the detriment of everyone else. Donations to political parties should be outright BANNED . Only small membership fees should be allowed (e.g. maximum $100 per person per annum). Such fees are fundamentally democratic, because significant money can only be raised with significant population support. Then - tax the rich and fund political parties from the state budget. The rich still get to contribute to the political process, just can't do the choosing for all the rest of us. Unfortunately the response of Labour and other parties is "No Fair - rich people - donate to us too!!!!". https://www.rnz.co.nz/news/politics/647946/rnz-political-donations-tracker-national-s-war-chest-climbs-by-dollar440-000 #nzpol #tax #inequality
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JaZone @Jazone@theforkiverse.com · Aug 03, 2026
Replying to @Jazone@theforkiverse.com
US Republicans have given away billions in #tax money towards "farm subsidized" #soybeans that are sold to #China as they scream #socialism like they scream #recession or "build the wall". Like wounded animals with no idea how to stop the pain of their own instincts. #USPol #MAGA #premarket #investing #CNBC #Squawkbox #NoKings
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Lazarou Monkey Terror 🚀💙🌈 @Lazarou@mastodon.social · Aug 04, 2026
Replying to @Lazarou@mastodon.social
Hey Andy, when you come back off your two week holiday (abroad?) here's something you could get started with.... https://www.theguardian.com/business/2026/aug/04/uk-bank-tax-hsbc-profits-andy-burnham #HSBC #Tax #UKPol #UKPolitics #AndyBurnham
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MissConstrue @MissConstrue@mefi.social · Aug 03, 2026
So, #Shopify CEO Tobias #Lütke, whose company commands a market capitalization near $154 billion, told his social media followers this week that a tax-tiered voting system—one that would strip #voting #rights from anyone who pays no income tax—would be a “good system.” Under this proposed system, the disenfranchised bloc would encompass all retirees living on Social Security and pension income, students, caregivers, disabled Americans, and millions of low-wage workers who owe no net federal income #tax after deductions and credits. All so billionaires could have many votes. Like lobbying doesn’t exist. Tying the right to vote to wealth or tax contribution has a name: “census suffrage,” or property-qualified voting which entrenched the political power of the already wealthy and locked out workers, women, and minorities from any say in the laws governing them. We’re not going back. Fuck all of that. #Guillotines to the front, please. https://xcancel.com/tobi/status/2081191155543278015
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World news | The Guardian @guardian_world@robot.villas · Aug 01, 2026
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World news | The Guardian @guardian_world@robot.villas · Jul 30, 2026
Trump's tax immunity scheme hoists president by his own petard on Blanche AG nomination https://www.theguardian.com/us-news/2026/jul/30/trump-refuses-to-narrow-tax-immunity-deal #Politics #Tax #USNews
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JaZone @Jazone@theforkiverse.com · Jul 30, 2026
Replying to @Jazone@theforkiverse.com
If Democrats are elected to the majority, US citizens must demand a referendum and pause on ALL #AI related Government activities with extreme regulations on US media companies as well as forcing all corporations paying US #tax to PAY the STANDARD DEDUCTION first before they calculate itemized deductions. That should create the wall needed and time to rebuild the US Federal Government as it's designed for "pubic service", not private equity. #USpol #vote #premarket #investing #NoKings
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Nonilex @Nonilex@masto.ai · Jul 30, 2026
Replying to @Nonilex@masto.ai
That the fate of an #US attorney general would be jeopardized by the administration’s apparent determination to keep in place a #tax deal offering a sitting president enormous financial advantages illustrated a defining characteristic of #Trump’s second term∶ a president’s personal interest…is now a factor in governing. #law #LegalEthics #DOJ #SlushFund
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Emeritus Prof. Christopher May @ChrisMayLA6@mastodon.me.uk · Jul 25, 2026
Steve Penny (Guardian Letters) expresses what a lot of us are thinking... the Q. is can Andy Burnham & his cabinet break out of the tax straitjacket on higher rate income taxes? I think (sadly) we all know the answer.... Our political class' common-sense on taxation remains Thatcherite! #politics #tax #inequality
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Nonilex @Nonilex@masto.ai · Jul 23, 2026
Replying to @Nonilex@masto.ai
The move provides fresh evidence of Trump’s intention to transform #GlobalTrade, despite numerous #court challenges & the protests of #US #consumers & businesses that have been stuck with higher #tax bills. Over the past 17 months, the #Trump admin has cycled through #trade #law after trade law as it tries to build a system to shield the US #economy from foreign #competition [it’s called a #FreeMarket, pretty freaking American] #tariffs
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Nando161 @nando161@partyon.xyz · Jul 20, 2026
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Mike @mike@social.freedomisntfree.co.uk · Jul 03, 2026
Your tax-free dividend allowance has been cut by 90% in a few years, and almost no one noticed. It was £5,000 in 2017/18. It's £500 now. If you hold income shares outside an ISA, far more of the payout is now taxed. The shelter matters more every year. #Dividends #Tax #UKPersonalFinance
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Emeritus Prof. Christopher May @ChrisMayLA6@mastodon.me.uk · Jul 19, 2026
Bite Size Economics - an aside - a joke: A statistician, an economist & an accountant go for a job & are asked to look at the firm's accounts & calculate the interest as a test. The statistician returns & says: you made £1,445,988.32 profit... The economist returns & says: well I'm pretty sure you *did* make a profit.... Before the accountant leaves they ask the panel: first, let me check; do you want to make a profit? #economics #accounting #tax #BiteSizeEconomics
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Nonilex @Nonilex@masto.ai · Jul 15, 2026
Replying to @Nonilex@masto.ai
#DickDurbin opened with an impassioned rebuke of #ToddBlanche’s role in creating a $1.8 billion compensation #SlushFund for purported victims of #DOJ “weaponization” under Biden — & slammed him signing off on a deal to shield #Trump & his family from #tax investigations. “One of your first official actions as Acting Attorney General was establishing a nearly $2 billion slush fund to benefit January 6 cop-beaters while immunizing Trump from IRS liability,” he said. #law #LegalEthics #DOJ
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Nonilex @Nonilex@masto.ai · Jul 13, 2026
Fantastic US judge voids Trump's settlement with IRS A US judge on Monday voided #Trump's [totally illegal] #settlement with the #IRS ‌that gave him & his companies sweeping #tax protections & initially set up a nearly $1.8 billion government ​#SlushFund to pay victims of so-called ​government weaponization. #law https://www.reuters.com/world/us-judge-voids-trumps-settlement-with-irs-2026-07-13/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
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Bongolian @Bongolian@mstdn.social · Jul 11, 2026
Congress is working on another #tax cut for the rich, with possible Democratic support. Kathleen Pender: There’s a push to cut the capital gains tax. These Bay Area ZIP codes would see the biggest impacts. #RealEstate #California https://www.sfchronicle.com/realestate/article/capital-gains-tax-cut-benefits-22319813.php
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Trump & Epstein: Biz partners. @MugsysRapSheet@mastodon.social · May 19, 2026
Replying to @MugsysRapSheet@mastodon.social
Rachel pointed out last night that #TraitorDon's "$1.776B #SlushFund" isn't a "settlement" in exchange for dropping his idiotic (and unwinnable) $10B case against the #IRS, it's simply a gift from his own Administration to his #Brownshirt Army. 🤬 #Felon47 #StunningCriminality #GOPHypocrisy Your #tax dollars at #grift. https://www.ms.now/rachel-maddow/watch/the-biggest-presidential-corruption-scandal-in-u-s-history-trump-shocks-nation-with-brazen-grab-2500578883919
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