#taxcode — Public Fediverse posts

Hank Paulson Says the US Will Weather Iran War Fallout Better Than Anyone Else

Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know,…
#NewsBeep #News #Economy #Business #CA #Canada #China #DavidWestin #economics #Irán #Markets #NewYork #TaxCode #taxes #WallStreet #war #washington
https://www.newsbeep.com/ca/614206/

𝗛𝗼𝘄 𝗨𝗞 𝗜𝗻𝗰𝗼𝗺𝗲 𝗧𝗮𝘅 𝗔𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗪𝗼𝗿𝗸𝘀 (𝗔𝗻𝗱 𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱𝗻'𝘁 𝗙𝗲𝗮𝗿 𝗮 𝗣𝗮𝘆 𝗥𝗶𝘀𝗲!)

Ever stared at your payslip and wondered where all your hard-earned money went? You see a great salary on your job offer, but the amount that actually lands in your bank account is a lot less. Today, we are solving that puzzle for good.

https://youtu.be/AEisSwUezQQ

#UKTax #IncomeTaxExplained #PAYE #PersonalFinanceUK #UKMoney #TaxCode #FinancialLiteracyUK #PayslipExplained

𝗛𝗼𝘄 𝗨𝗞 𝗜𝗻𝗰𝗼𝗺𝗲 𝗧𝗮𝘅 𝗔𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗪𝗼𝗿𝗸𝘀 (𝗔𝗻𝗱 𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱𝗻'𝘁 𝗙𝗲𝗮𝗿 𝗮 𝗣𝗮𝘆 𝗥𝗶𝘀𝗲!)

Ever stared at your payslip and wondered where all your hard-earned money went? You see a great salary on your job offer, but the amount that actually lands in your bank account is a lot less. Today, we are solving that puzzle for good.

https://youtu.be/AEisSwUezQQ

#UKTax #IncomeTaxExplained #PAYE #PersonalFinanceUK #UKMoney #TaxCode #FinancialLiteracyUK #PayslipExplained

Pluralistic: Stock swindles (02 Feb 2026)

https://web.brid.gy/r/https://pluralistic.net/2026/02/02/corprophagia/

The time bomb in the tax code that's fueling mass tech layoffs

https://qz.com/tech-layoffs-tax-code-trump-section-174-microsoft-meta-1851783502

#HackerNews #techlayoffs #taxcode #employment #crisis #economicimpact #innovation #news

The time bomb in the tax code that's fueling mass tech layoffs

https://qz.com/tech-layoffs-tax-code-trump-section-174-microsoft-meta-1851783502

#HackerNews #techlayoffs #taxcode #employment #crisis #economicimpact #innovation #news

#Trump already has the weight of the #ExecutiveBranch behind his efforts to strip funding from top #universities, #deport millions of unauthorized #immigrants & pressure #ForeignGovernments to change their economic policies.

With the sprawling bill that passed through the #House on Thurs, #Republicans are also preparing to enlist the #TaxCode as another tool against Trump’s political foes.

#law #RevengePolitics
https://www.nytimes.com/2025/05/23/us/politics/republicans-taxes-trump-opponents.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=D8897650-C8DC-4320-B385-DFA3B3D729D8

#Trump already has the weight of the #ExecutiveBranch behind his efforts to strip funding from top #universities, #deport millions of unauthorized #immigrants & pressure #ForeignGovernments to change their economic policies.

With the sprawling bill that passed through the #House on Thurs, #Republicans are also preparing to enlist the #TaxCode as another tool against Trump’s political foes.

#law #RevengePolitics
https://www.nytimes.com/2025/05/23/us/politics/republicans-taxes-trump-opponents.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=D8897650-C8DC-4320-B385-DFA3B3D729D8

#NoBillionaires #TaxTheRich #EatTheRich #GuillotinesWork #TheDailyShow #Poverty #EndPoverty #TaxCode

“Poverty, by America” author Matthew Desmond shares how the US could end poverty if the top 1% of Americans just paid the taxes they owed

#NoBillionaires #TaxTheRich #EatTheRich #GuillotinesWork #TheDailyShow #Poverty #EndPoverty #TaxCode

“Poverty, by America” author Matthew Desmond shares how the US could end poverty if the top 1% of Americans just paid the taxes they owed

the giant pot of bitcoins bought with leverage and the money of retail suckers that masquerades as a company known as #MicroStrategy (#MSTR) has a massive tax problem and has run to the IRS for help. They teamed up with #Coinbase and wrote a 76 page Very Angry Letter about how they cannot possibly be expected to follow the tax code as written.

(tl;dr the value of their bitcoins went up and they don't want to pay taxes on them despite taking an absolutely *massive* tax impairment a year or two ago when their bitcoins had gone down)

For bonus points consider that the CEO of MicroStrategy #MichaelSaylor was personally busted for massive tax fraud and had to pay a $51 million fine just a few months ago.

* WSJ: https://www.wsj.com/finance/currencies/microstrategy-federal-income-tax-unrealized-gains-f60b2c04
* no paywall: https://archive.ph/U4LQC
* 76 page letter: https://legacy.www.documentcloud.org/documents/25504499-coinbase-and-microstrategy-letter-to-the-irs-2024-0046-0028_attachment_1

#IRS #taxes #crypto #cryptocurrency #MichaelSaylor #uspol #taxcode #tax #finance #economics #stockmarket #bitcoin #btc #corruption

the giant pot of bitcoins bought with leverage and the money of retail suckers that masquerades as a company known as #MicroStrategy (#MSTR) has a massive tax problem and has run to the IRS for help. They teamed up with #Coinbase and wrote a 76 page Very Angry Letter about how they cannot possibly be expected to follow the tax code as written.

(tl;dr the value of their bitcoins went up and they don't want to pay taxes on them despite taking an absolutely *massive* tax impairment a year or two ago when their bitcoins had gone down)

For bonus points consider that the CEO of MicroStrategy #MichaelSaylor was personally busted for massive tax fraud and had to pay a $51 million fine just a few months ago.

* WSJ: https://www.wsj.com/finance/currencies/microstrategy-federal-income-tax-unrealized-gains-f60b2c04
* no paywall: https://archive.ph/U4LQC
* 76 page letter: https://legacy.www.documentcloud.org/documents/25504499-coinbase-and-microstrategy-letter-to-the-irs-2024-0046-0028_attachment_1

#IRS #taxes #crypto #cryptocurrency #MichaelSaylor #uspol #taxcode #tax #finance #economics #stockmarket #bitcoin #btc #corruption

The billionaire power grab is a reality, and it’s proving to be highly effective.#Politics #billionaires #taxes #Finances #TaxCode #1Percent

The #economy favors #rich #speculators and screws over the #working class

End #Federal #taxation on #Labor #LaborDay

#Tax #profits
Tax #speculators
Tax #inheritance

Change the #TaxCode

Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule - Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department... - https://www.coindesk.com/policy/2024/08/19/coin-center-wins-right-to-sue-us-treasury-irs-again-over-controversial-tax-reporting-rule/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #regulations #coincenter #taxcode #policy #news

Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule - Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department... - https://www.coindesk.com/policy/2024/08/19/coin-center-wins-right-to-sue-us-treasury-irs-again-over-controversial-tax-reporting-rule/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #regulations #coincenter #taxcode #policy #news

#VicePresident #KamalaHarris' #economic #plan features new #tax #cuts, #housing #incentives and #pricecaps.

Any #changes to the #taxcode require #congressional #approval, and depend heavily on which #party controls the #House and #Senate.

#Vote!

https://www.cnbc.com/2024/08/16/kamala-harris-economic-policy.html

#VicePresident #KamalaHarris' #economic #plan features new #tax #cuts, #housing #incentives and #pricecaps.

Any #changes to the #taxcode require #congressional #approval, and depend heavily on which #party controls the #House and #Senate.

#Vote!

https://www.cnbc.com/2024/08/16/kamala-harris-economic-policy.html

@cweickhmann

"(...) The establishment of a non-profit foundation under US tax law (501(c)(3)) by #Mastodon gGmbH should ideally wake up the #BMF to finally expand §52 #TaxCode to include a few contemporary non-profit statuses. The development and free provision of free #OpenSource software (#FOSS) should be one of them. (...)

a loud cry for a certain systematization and principle orientation of the non-profit regulations in Germany. (...)"

IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves - The U.S. Internal Revenue Services (IRS) has previewed what crypto investors' future tax ... - https://www.coindesk.com/policy/2024/04/19/irs-unveils-form-your-broker-may-send-next-year-to-report-your-crypto-moves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #internalrevenueservice #regulations #rulemaking #taxcode #policy #news

IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves - The U.S. Internal Revenue Services (IRS) has previewed what crypto investors' future tax ... - https://www.coindesk.com/policy/2024/04/19/irs-unveils-form-your-broker-may-send-next-year-to-report-your-crypto-moves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #internalrevenueservice #regulations #rulemaking #taxcode #policy #news

And people still wonder why so many of us want to eat the rich.

This is absurd. Our tax system needs an overhaul.

https://www.theguardian.com/business/2024/mar/13/top-us-executives-salaries-versus-tax-payments

#politics #taxcode #capitalism

And people still wonder why so many of us want to eat the rich.

This is absurd. Our tax system needs an overhaul.

https://www.theguardian.com/business/2024/mar/13/top-us-executives-salaries-versus-tax-payments

#politics #taxcode #capitalism

Most States Have #TaxCodes That Are #Rigged To Benefit The #Wealthy: Report

https://www.huffpost.com/entry/most-state-tax-codes-rigged-to-benefit-wealthy_n_659c8b0ce4b0bfe5ff647317

In many states, the #taxcode directly widens #income #inequality — and it’s a deliberate policy choice driven by low or nonexistent #incometaxes.

Most States Have #TaxCodes That Are #Rigged To Benefit The #Wealthy: Report

https://www.huffpost.com/entry/most-state-tax-codes-rigged-to-benefit-wealthy_n_659c8b0ce4b0bfe5ff647317

In many states, the #taxcode directly widens #income #inequality — and it’s a deliberate policy choice driven by low or nonexistent #incometaxes.

#Diversity #offices on #college #campuses in #Texas will soon be illegal, as 30 new laws go into effect

Other new laws make changes to the #taxcode, #criminaljustice and #healthcare systems.

#Women #Transgender #LGBTQ #LGBTQIA #Texas #HigherEducation #Conservatives #Extremism #RepublicanParty #Hate #Bigotry #Violence #Genocide #Discrimination #Racism #Homophobia #Transphobia #ThePartyOfHate

https://www.texastribune.org/2023/12/28/texas-new-laws-dei-ban-colleges-universities/

#Diversity #offices on #college #campuses in #Texas will soon be illegal, as 30 new laws go into effect

Other new laws make changes to the #taxcode, #criminaljustice and #healthcare systems.

#Women #Transgender #LGBTQ #LGBTQIA #Texas #HigherEducation #Conservatives #Extremism #RepublicanParty #Hate #Bigotry #Violence #Genocide #Discrimination #Racism #Homophobia #Transphobia #ThePartyOfHate

https://www.texastribune.org/2023/12/28/texas-new-laws-dei-ban-colleges-universities/

IRS Says Staking Rewards Are Subject to Taxes in Year the Investor Gets Control - A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake net... - https://www.coindesk.com/policy/2023/07/31/irs-says-staking-rewards-are-subject-to-taxes-in-year-the-investor-gets-control/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #internalrevenueservice #stakingrewards #regulations #taxcode #staking #policy #news #irs #tax

IRS Says Staking Rewards Are Subject to Taxes in Year the Investor Gets Control - A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake net... - https://www.coindesk.com/policy/2023/07/31/irs-says-staking-rewards-are-subject-to-taxes-in-year-the-investor-gets-control/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #internalrevenueservice #stakingrewards #regulations #taxcode #staking #policy #news #irs #tax

NPR - #Princeton #sociologist #MatthewDesmond - if the top 1% of Americans paid the #taxes they #owed, it would raise $175 billion each year. "That is just about enough to pull everyone out of #poverty," the author says. https://www.npr.org/sections/health-shots/2023/03/21/1164275807/poverty-by-america-matthew-desmond-inequality #PovertyinAmerica #Billionaires #FinancialSystem #TaxCode #IRS #Congress #regulations #economy #wealthy do not pay taxes

NPR - #Princeton #sociologist #MatthewDesmond - if the top 1% of Americans paid the #taxes they #owed, it would raise $175 billion each year. "That is just about enough to pull everyone out of #poverty," the author says. https://www.npr.org/sections/health-shots/2023/03/21/1164275807/poverty-by-america-matthew-desmond-inequality #PovertyinAmerica #Billionaires #FinancialSystem #TaxCode #IRS #Congress #regulations #economy #wealthy do not pay taxes

#Hacking the #TaxCode
Estimates are that U.S. companies like #Google and #Apple avoided paying nearly US$200 billion in #taxes in 2017 alone. In the tax world, vulnerabilities are called #loopholes. Exploits are called tax avoidance strategies. And there are thousands of black-hat researchers who examine every line of the tax code looking for exploitable vulnerabilities—tax attorneys and tax accountants.
https://www.schneier.com/blog/archives/2023/02/hacking-the-tax-code.html

#Hacking the #TaxCode
Estimates are that U.S. companies like #Google and #Apple avoided paying nearly US$200 billion in #taxes in 2017 alone. In the tax world, vulnerabilities are called #loopholes. Exploits are called tax avoidance strategies. And there are thousands of black-hat researchers who examine every line of the tax code looking for exploitable vulnerabilities—tax attorneys and tax accountants.
https://www.schneier.com/blog/archives/2023/02/hacking-the-tax-code.html

Here’s what you need to know about the #GOP bill to abolish the #TaxCode | The Hill https://thehill.com/policy/finance/3821761-heres-what-you-need-to-know-about-the-gop-bill-to-abolish-the-tax-code/ #taxes #legislation #MiddleClass

Here’s what you need to know about the #GOP bill to abolish the #TaxCode | The Hill https://thehill.com/policy/finance/3821761-heres-what-you-need-to-know-about-the-gop-bill-to-abolish-the-tax-code/ #taxes #legislation #MiddleClass

Here’s what you need to know about the GOP bill to abolish the tax code

This bill could benefit the rich while increasing burdens on the middle class.

#GOP #Republicans #abolish #taxcode #proposal

https://thehill.com/policy/finance/3821761-heres-what-you-need-to-know-about-the-gop-bill-to-abolish-the-tax-code/

Here’s what you need to know about the GOP bill to abolish the tax code

This bill could benefit the rich while increasing burdens on the middle class.

#GOP #Republicans #abolish #taxcode #proposal

https://thehill.com/policy/finance/3821761-heres-what-you-need-to-know-about-the-gop-bill-to-abolish-the-tax-code/

House infrastructure bill includes tax credits for new and used EVs - Enlarge / The House Ways and Means Committee has proposed a wide-ranging overhaul... - https://arstechnica.com/?p=1794034 #batteryelectricvehicles #houseofrepresentatives #infrastructurebill #electricvehicles #plug-invehicles #taxcode #policy #cars