home.social

#taxes — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxes, aggregated by home.social.

  1. RE: flipboard.com/@dailyhive/daily

    🇨🇦 I read the headline and bristled expecting to read another article... "omg Canada's taxes are oppressive!"
    However, instead I got a reminder-lesson
    "Don't rise to the clickbait , don't jump to conclusions, instead read the article".
    Conservatives need to read this one.

    #Canada #Taxes #Economy

  2. RE: flipboard.com/@dailyhive/daily

    🇨🇦 I read the headline and bristled expecting to read another article... "omg Canada's taxes are oppressive!"
    However, instead I got a reminder-lesson
    "Don't rise to the clickbait , don't jump to conclusions, instead read the article".
    Conservatives need to read this one.

    #Canada #Taxes #Economy

  3. RE: flipboard.com/@dailyhive/daily

    🇨🇦 I read the headline and bristled expecting to read another article... "omg Canada's taxes are oppressive!"
    However, instead I got a reminder-lesson
    "Don't rise to the clickbait , don't jump to conclusions, instead read the article".
    Conservatives need to read this one.

    #Canada #Taxes #Economy

  4. RE: flipboard.com/@dailyhive/daily

    🇨🇦 I read the headline and bristled expecting to read another article... "omg Canada's taxes are oppressive!"
    However, instead I got a reminder-lesson
    "Don't rise to the clickbait , don't jump to conclusions, instead read the article".
    Conservatives need to read this one.

    #Canada #Taxes #Economy

  5. RE: flipboard.com/@dailyhive/daily

    🇨🇦 I read the headline and bristled expecting to read another article... "omg Canada's taxes are oppressive!"
    However, instead I got a reminder-lesson
    "Don't rise to the clickbait , don't jump to conclusions, instead read the article".
    Conservatives need to read this one.

    #Canada #Taxes #Economy

  6. The scam with #crypto is same #scam that has been being played ever since and that is don't pay #taxes. Just be rich and don't pay anything and fuck everybody. If you can skip #banks, they don't know what you have, and that is why it's my freedom. #Web3. But there's a critical difference. #Decouple

  7. @ZackPolanski You won't succeed in pushing #Burnham to the #Left! Labour's whole #strategy is predicated on appeasing the #Right, & their #neoliberal, neo-classical #economic #assumptions won't let them move to the Left. They can't increase #taxes, nor can they increase #public #sector #borrowing. With the #commitment on #defence #spending, expect more #social spending #cuts.

  8. @ZackPolanski You won't succeed in pushing #Burnham to the #Left! Labour's whole #strategy is predicated on appeasing the #Right, & their #neoliberal, neo-classical #economic #assumptions won't let them move to the Left. They can't increase #taxes, nor can they increase #public #sector #borrowing. With the #commitment on #defence #spending, expect more #social spending #cuts.

  9. @ZackPolanski You won't succeed in pushing #Burnham to the #Left! Labour's whole #strategy is predicated on appeasing the #Right, & their #neoliberal, neo-classical #economic #assumptions won't let them move to the Left. They can't increase #taxes, nor can they increase #public #sector #borrowing. With the #commitment on #defence #spending, expect more #social spending #cuts.

  10. @ZackPolanski You won't succeed in pushing #Burnham to the #Left! Labour's whole #strategy is predicated on appeasing the #Right, & their #neoliberal, neo-classical #economic #assumptions won't let them move to the Left. They can't increase #taxes, nor can they increase #public #sector #borrowing. With the #commitment on #defence #spending, expect more #social spending #cuts.

  11. @ZackPolanski You won't succeed in pushing #Burnham to the #Left! Labour's whole #strategy is predicated on appeasing the #Right, & their #neoliberal, neo-classical #economic #assumptions won't let them move to the Left. They can't increase #taxes, nor can they increase #public #sector #borrowing. With the #commitment on #defence #spending, expect more #social spending #cuts.

  12. Government agencies and ministries have submitted their tax system reform requests for fiscal 2027, including measures aimed at realizing a strong economy such as spurring companies' growth investments. japantimes.co.jp/business/2026 #business #economy #sanaetakaichi #japaneseeconomy #taxes #rapidus #meti #chipmakers #wages

  13. We met with a lawyer yesterday to set up a revocable estate trust for our kids. Cost ended up being 0.5% of the assessed value of our assets, which is a fraction of what it would cost to have everything go through probate. Amendments are easy and it's good for something like 365 years.

    It was not an option I had even really been aware of until last week, but it should work for our needs.

    #death #taxes #EstatePlanning #NotDeadYet #IThinkIllGoForAWalk #IFeelHappy

  14. @meidastouch

    "let’s be very clear about what it [ #IRS deal/ #SlushFund ] really does. It’s a vehicle for Trump himself.... We’re talking about a potential waiver of tax investigations & audits into his own finances. With all of his schemes, that possibly covers BILLIONS of dollars in #tax liability. The cash for #January6th insurrectionists, as horrifying at it is, is also a cover story for #Trump to enrich himself"
    meidasplus.com/p/important-sat

    #DonaldTrump #Corruption #Taxes #Politics #News #US

  15. This is what many Americans call socialism…

    this is what they don’t want their taxes paying for. This is what Project 2025 and the Trump administration say need to be cut, and what individual responsibility and empowerment should take care of. These are some of the programs many Americans say are used by lazy loafers who don’t want to work. And, no, nobody pays for their own Social Security and Medicare benefits - Both are a collective risk using an insurance concept. Americas social safety net Social Security - Retirement, […]

    quinnscommentary.net/2026/07/2

  16. Denmark vs. United States

    Some Americans are obsessed with doing away with their version of socialism, as inaccurate as it may be. Socialism is not a system providing a strong social safety net. But there is something more important in comparing high taxes with risk and true out of pocket costs. Lower taxes are not necessarily a net benefit and definitely do not spread risk financial stress equally. Here is a summary of what people in Denmark receive for their high taxes. • Pensions, unemployment, and social […]

    quinnscommentary.net/2026/07/2

  17. Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists

    Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a news report by GMA News.

    To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…

    The Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.

    In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.

    Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.

    “In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.

    According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.

    Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.

    The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.

    For its part, the SC said equal protection does not require identical treatment for all persons.

    It said the act also distinguishes foreign tourists from Filipino citizens.

    According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.

    Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.

    The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve this year?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

    #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel
  18. Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists

    Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a news report by GMA News.

    To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…

    The Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.

    In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.

    Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.

    “In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.

    According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.

    Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.

    The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.

    For its part, the SC said equal protection does not require identical treatment for all persons.

    It said the act also distinguishes foreign tourists from Filipino citizens.

    According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.

    Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.

    The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve this year?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

    #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel
  19. Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists

    Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a news report by GMA News.

    To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…

    The Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.

    In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.

    Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.

    “In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.

    According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.

    Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.

    The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.

    For its part, the SC said equal protection does not require identical treatment for all persons.

    It said the act also distinguishes foreign tourists from Filipino citizens.

    According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.

    Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.

    The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve this year?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

    #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel
  20. @peterjelinek

    Niño and Niña are "son" and "daughter"

    The children of carbon fueled climate change.

    When you hear "El Niño" or "La Niña" think Trump stole a billion dollars from you to bribe a gas company to STOP BUILDING WIND GENERATION.

    So your tax dollars will buy the destruction "El Niño" is bringing.

    That will be expensive too.

    #climate #bribes #stolen #taxes #destruction #elnino #GOPedo #trump

  21. 🎥 #Travail, #taxes, #exploitation... Anasse Kazib démonte TOUS les arguments d’un PATRON

    Au micro de SudRadio, #Anasse mKazib, cheminot et porte-parole de #RévolutionPermanente, démonte la démagogie patronale qui voudrait nous faire croire que nous serions dans le même camp que la bourgeoisie. En face, Éric #Haddad, PDG du groupe #Connectt, spécialisé dans l’intérim, tente de sauver la ligne du patronat… sans y parvenir.

    youtu.be/SmreASHoV0g?is=Z1H-u3
    #travailleurs #patronat

  22. We Need to Talk About the National Park Service

    We need to talk about the National Park Service. What it does. What it costs. And what gets lost when an administration decides public goods are soft targets.

    adventureadjacent.com/2026/04/

  23. In #Trump's #economy, the #government bends over backward to cut #taxes for the #rich, let big companies become too big, and everyone else can pay 10x insurance premiums and starve. And the #workingclass is starting to notice:

    "According to the latest YouGov/Economist poll, only 31 percent of those earning $50,000 or less approve of Trump's handling of the presidency, compared to 65 percent who disapprove and 4 percent who were unsure.'
    ___
    Donald Trump’s Approval Rating Hits Rock Bottom With Working Class - newsweek.com/donald-trump-appr

    #uspol #trumpconomy #trumpflation #snapshutdown #budgetbill #obamacare

  24. From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @[email protected]

    BASHKORTOSTAN WITHOUT MONEY, #TAXES PROTESTS ACROSS #RUSSIA Vlog 1251: War in #Ukraine

    #Bashkortostan has run out of money. The republic's government intends to sell a portion of #Bashneft's #shares to cover the #budget #deficit. Russian entrepreneurs from #Irkutsk, #Novosibirsk, #Chelyabinsk, #Tomsk and #Udmurtia took to the streets for a “rally” against a tax hike.

    #russoUkrainianWar

    youtu.be/sP8CDe2vYKE