#income-tax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #income-tax, aggregated by home.social.
-
I still pay my Michigan state income tax the old-fashioned way. I fill out the forms and mail them in. Today I got a letter from the state Treasury Department informing me that their review of my return has resulted in an adjustment. As I read this I thought, "Uh oh". But it turns out that they have added 5 dollars to my refund! Well okay then!
-
Taxing the rich is very effective.
The Massachusetts state tax on its highest earners has already generated more than $3.1 billion in revenue this fiscal year, with still two months to be counted: https://archive.is/qPOHn 🧵#incomeTax #taxes #taxTheRich #budget #Massachusetts #redistribution #reallocation
-
https://www.huffpost.com/entry/steven-roth-tax-the-rich-racial-slur_n_69fa3fa7e4b04a49ec0bb01a
Is anyone surprised they feel like this? Bet this is a test balloon for getting Trump to make it illegal to tax the rich
#Oligarchs #Income-Tax #Greed #USPol -
You may be struggling in the current U S. economy, but lots of big #corporations get to pay zero #incometax. https://www.commondreams.org/news/88-companies-no-income-tax
-
@cwebber @bkastl In that case: let them pay income tax as well. #ai #IncomeTax
-
https://www.gocomics.com/pearlsbeforeswine/2026/04/13
I don't think that'll work
#USPol #Income-Tax #Taxes -
#music #musicsky #playlist #spotify #taxes #incometax 💸 💵 🏦 Do I have a playlist for every conceivable human experience and activity? Well, not quite – but I do have this one: open.spotify.com/playlist/6kR...
Songs to Listen to While Prepa... -
#OpenAI investor #VinodKhosla proposes eliminating #incometax for Americans earning less than $100,000 by raising capital gains taxes. He argues this would address voter fears about #AI #jobdisplacement and ease the transition of wealth and power. Khosla believes AI will be a major issue in the 2028 US presidential election. https://www.ft.com/content/7de1d3c5-0d0c-46b1-b2b7-dbf6f5226069?eicker.news #tech #media #news
-
“I’ve told them not to rely on any exceptional circumstances provisions from HMRC. I can’t imagine HMRC are very sympathetic here.”
I should bloody well hope not.
-
Wealthy British nationals fleeing Gulf conflict bypass UK to avoid tax bills https://www.theguardian.com/politics/2026/mar/14/wealthy-british-nationals-fleeing-gulf-conflict-bypass-uk-to-avoid-tax-bills #Hmrc #TaxAvoidance #CapitalGainsTax #IncomeTax #UkNews #UnitedArabEmirates #Dubai #Money #France #Ireland #Business #UsisraelWarOnIran
-
Filed our #incometax es in #Canada yesterday. While #Intuit is an evil corp, #turbotax does make things amazingly simple - answers everything same as last year assuming nothing has changed, imports all your T4 and T3 and other forms from #CRA 's website automatically, then #netfiles your return. So its "yes, they're evil and its a grift, but the product still _works_ and saves me time."
I just wish we were like #Denmark and #Sweden where the government just files your taxes for you.
-
#Palantir Pays Zero Federal #IncomeTax Despite Explosive Growth, Largely Due to #Trump Tax Law
by Matthew Gardner, February 17, 2026
"The CEO of Palantir, the tech company known for equipping #ICE with #AITools that hack into people’s phones, recently said he runs 'the first company to be completely #AntiWoke.' This week, we learned that a key part of being anti-woke is, apparently, not paying taxes.
"In its recent earnings call summarizing fiscal year 2025, a Palantir exec crowed that the company’s explosive growth and profitability for the year was 'one of the truly iconic performances in the history of corporate performance.' But the company neglected to mention one weird trick that also fueled its 2025 growth: this is the third straight year that a profitable Palantir has avoided paying even a dime of federal income tax on its earnings.
"Palantir’s annual financial report, released this week, shows the company enjoyed $1.5 billion of U.S. income and paid exactly zero federal income tax. At the 21 percent federal income tax rate profitable companies theoretically pay, Palantir should have paid $330 million.
"While the company used a variety of tax breaks to achieve this, the most obvious is the new tax break enacted by Congress at the behest of President Trump last summer. The 'One #BigBeautifulBill' allows companies to (retroactively) immediately deduct their research expenses, rather than writing them off gradually over time in line with the income generated from that research. Palantir reduced its taxes by over $400 million using this provision.
"U.S. #taxpayers are paying multiple times for the services provided by Palantir, which the Trump administration finds so valuable. First, we pay the bill for the government contracts signed with the company, for example, the deal signed in April for Palantir to provide ICE with a system to track immigrants. Then we pay again with subsidies provided through the tax code, including the $400 million for the 'research' the company has done to create these innovations in government surveillance.
"It’s not news that helping the Trump administration with its policy goals can be enormously profitable. But it’s important to recognize that Palantir’s recent success has been helped substantially by a far more pedestrian tool: handouts from American taxpayers."
Source:
https://itep.org/palantir-pays-zero-tax-trump-tax-law-ice/#USPol #WorldPol #WarMachines #Spying #SpyMachines #BigBrother #SurveillanceState #PayYourTaxes #TaxTheWarMachines #AbolishPalantir #NoWar #TaxTheRich #TaxCorporations #BigUglyBill #TrumpSucks
-
The income tax has made liars out of more Americans than golf.
-- Will Rogers -
LHDN: Influencers Must Declare Income, Including Free Products #incometax #influencers #lhdn #news #socialmedia
https://www.lowyat.net/2026/379056/lhdn-influencers-must-declare-income-including-free-products/
-
December 31 Deadline For Income Tax Return? Here's How To File Revised ITR Online By New Year's Eve
-
What if we taxed what people spend, not what they earn?
#Business #Economy #Taxation #IncomeTax #TaxReform #ProgressiveTax #ConsumptionTax #Economics #Saving #FinancialSecurity #WealthDistribution #FiscalPolicy #EconomicGrowth #IncomeInequality #The14
https://the-14.com/what-if-we-taxed-what-people-spend-not-what-they-earn/ -
Daily Times - Latest Pakistan News, World, Business, Sports, Lifestyle [Unofficial] @[email protected] ·FBR tightens action against tax evasion in private healthcare
-
Taxes For the Rich
When the rich say they are moving out of the country because they pay too much tax, we should let them go:
https://tiereddemocraticgovernance.org/blog_details.php?blog_cat_id=19&id=67
-
I work for my local United Way. Local United Ways provide VITA services in many places, but VITA is not exclusively a United Way program, so if you're looking for VITA services in your area, check your local United Way's website or use the IRS's official VITA site locator (The IRS page is updated February–April, so it won't display any results right now, but check back next year). #VITA #Taxes #IncomeTax #TaxPrep #UnitedWay #UnitedIsTheWay
-
RE: https://tech.lgbt/@TheADHDM/115605544247013277
If you are unfamiliar with #VITA, you should absolutely give it a look come tax time in the new year. The Volunteer Income Tax Assistance program offers completely free income tax preparation services to anyone making $67,000 or less per year.
And, insider tip, the rule is actually that the average for all of the returns prepared by a particular VITA program needs to be below the threshold. That means that if your local VITA prepares a lot of returns for people who make below the threshold (as does the one I am associated with), they can probably help you even if you make well over $67,000!
-
Are they going to tax the rich instead? After exhausting all the other options have they finally come round to the right one?
https://news.sky.com/story/starmer-and-reeves-ditch-plans-to-raise-income-tax-in-budget-13470025
#Budget #IncomeTax #UKPOL #UKPOLITICS #RachelReeves #KeirStarmer #Starmer #TaxTheRich
-
Welcome to 21st-century politics: a bitter revolt against power that will consume Labour and the Tories | John Harris https://www.theguardian.com/commentisfree/2025/nov/09/21st-century-politics-labour-tories-turbulence-green-party-reform #Generalelection2024 #Conservatives #RachelReeves #ZackPolanski #Incometax #Politics #ReformUK #Labour #UKnews
-
Tax the fucking Rich, or lose the next election and condemn us to a Farage government
#UKPOL #UKPOLITICS #TaxTheRich #Labour #RachelReeves #NigelFarage #Farage #Inequality #Poverty #IncomeTax
-
The issue is #implementation.
If I'm employed, I can tell the payroll department to stop withholding #IncomeTax. But I pay a bunch of #taxes that aren't easily avoided. The price of #gas includes #federal #tax. There are other examples.
Since I'm not employed, I have zero options to avoid being taxed.
-
Governments should tax based on assets instead of income!
#tax #assettax #incometax #taxpolicy #economics #taxsystem #landvaluetax #zakat #progressivetax -
Poland's president signs off on a new zero income tax law for parents with two children.
The bill, presented by Karol Nawrocki in August, removes the income tax obligation on families earning up to 140,000 zloty (€32,973) a year.