58 Matching Annotations
  1. Oct 2024
    1. 1:28:29 Government spends by creating money and when it taxes, the government destroys money

    2. 48:52 Example of a Community Currency

    3. 34:59 A government does not need money. It needs citizens to need money so that they can pay taxes

      Governments FORCE PEOPLE TO NEED MONEY

    4. 34:47 Taxes drive demand for a currency

    5. 34:12 taxes are imposed by a government that is only payable in their currency and they make a law that puts you in jail if you do not pay their tax

    6. 33:33 If government creates money, we do we pay taxes?

    7. 22:32 In early colonial times, once taxes are paid in paper money, the money was burned

  2. Mar 2024
    1. Finally, households in DDP areas reported lower rates of illegitimate taxationby FARDC and higher rates of taxation by state agents than those in non-DDPareas

      less illegal taxes by FARDC more taxes by state agents

    2. While 48% of mines in control clusters report visits from theFARDC in the last six months and 39% report illegal requests for “taxes”, only20% of mines in treated clusters report recent FARDC presence and 14% reportrequests for taxes

      in average it is 27% aprox less FARDC reported presence and taxation in DDP than in non-DDP

    1. The main source of armed interference is still FARDC. Twenty-seven percent of the miners in our dataset workin a mine where the FARDC extorts profit (15,060 of 55,604 miners). They regularly charge illegal taxes at themines in areas where they are deployed to provide security against armed groups.

      FARDC llegal taxation

    2. For someof the bigger mines, the FPP/AP makes a few thousand dollars per mine each month through lump-sumtaxes on production, on the miners and their dependents, as well as taxes and monopolies over the tradeof other commodities.
    3. Similar practices occur all over eastern DRC. In Lubutu territory, gold traders pay a monthly lump sum of30,000 FC (US$15) to SAEMAPE, and 24,000 FC (US$12) to CEEC. In Beni territory, gold traders have to pay alump-sum tax of between US$5 and US$10 on market days. And while cooperatives have to pay in princi-ple 10% of the value of their production, one such cooperative in Beni declared it actually pays betweenUS$5 and US$10 per month and per team of miners to SAEMAPE. 4

      payments to state services

    1. DDP (N = 289) 93 percent 70 percent 7 percentNon-DDP (N = 334) 84 percent 81 percent

      state presence and tax levy % in ddp vs non-ddp

    2. State services imposing taxes, are supposed to give the tax payer a receipt upon tax payment. Notproviding a receipt can be considered an indication of an irregular tax transaction. The frequency of notproviding a tax receipt upon tax payment was reported less frequently in DDP mines (7 percent, N = 289)than in non-DDP mines (21 percent, N = 334).

      state agents taxes and receipts -> indicating illegal taxation

    3. The imposition of Illegal taxation by FARDC or irregular armed groups was confirmed in 17 percent (N =623) of the mining sites visited with a noticeable difference between DDP mines (6 percent, N = 289) andnon-DDP mines (28 percent, N = 334)

      FARDC illegal taxation in DDP vs non-DDP

    4. About 77 percent (out of 144) of the respondents said that they are paying a tax or a fee to operate in amining site. The share is slightly lower in areas with due diligence programmes (73 percent out of 113)than in areas without due diligence programmes (90 percent out of 31). W

      taxation

  3. Feb 2024
    1. In physics, fields describe the distribution of forces in space. Their description thus requires the knowledge of magnitude and direction. Both are expressed through field contours; field forces act in the direction of the contours, and the distance between the contours indicates their magnitude. (The closer the contours are together, the larger the force.) In an electric field the direction of the field is given by the electric charge of the charged sources. If the charge is negative, the field is directed toward the charge. All electric fields begin on a positive charge and end on a negative charge. If two positive charges interact, their forces are directed against each other. This creates a repellent force as shown in the illustration. (The same occurs with two negative charges, because their respective forces also act in opposite directions.)

      opposites attrect

  4. Apr 2023
    1. But share buybacks are also increasingly under fire. President Joe Biden, a frequent critic of share repurchases, included a 1% tax on share repurchases in the Inflation Reduction Act passed by Democrats in Congress last year.
  5. Mar 2023
    1. The Hittites treated their defeated enemies the same way other Near Eastern states did. Cities were generally looted,except for their temple precincts. Captured populations were deported, either in whole or in part

      Defeated Hatti enemies who weren't deported were usually left to rebuild with a three year tax exemption.

    Tags

    Annotators

  6. Dec 2022
    1. Nine states right now don’t assess personal income taxes—Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming—with Mississippi the most likely to join their ranks in 2023.

      List of states with no income tax as of December 2022.

  7. Nov 2022
  8. Oct 2022
    1. Representatives and direct taxes shall be apportioned among the several States which may be included within this Union, according to their respective numbers, which shall be determined by adding to the whole number of free persons, including those bound to service for a term of years, and excluding Indians not taxed, three-fifths of all other persons. The actual enumeration shall be made within three years after the first meeting of the Congress of the United States, and within every subsequent term of ten years, in such manner as they shall by each State shall have at least one Representative; and until such enumeration shall be made, the State of New Hampshire shall be entitled to choose three; Massachusetts eight, Rhode Island and Providence Plantations one; Connecticut five; New York six; New Jersey four; Pennsylvania eight, Delaware one; Maryland six; Virginia ten; North Carolina five; South Carolina five; and Georgia three.

      George Washington believes that the states of America must pay taxes within the whole country. However, some times later all the states will have different tax rates and laws because every state is like another country. In this constitution, Indians are excluded from paying taxes as native Americans were not considered as humans at that period.

  9. Sep 2022
    1. Unemployed workers are much more likelyto fall into poverty in countries like the United States, Canada, and Japan,compared with countries such as the Netherlands and Iceland.

      Is part of this effect compounded by America's history of the Protestant work ethic (see Max Weber)?

      Do the wealthy/powerful benefit by this structure of penalizing the unemployed this way? Is there a direct benefit to them? Or perhaps the penalty creates a general downward pressure on overall wages and thus provides an indirect benefit to those in power?

      What are the underlying reasons we tax the unemployed this way?

    1. But until all participants in the debate recognize the overwhelming importance of having two parents in the home, we’re not going to get very far in improving opportunity.

      If two-parent families are so important, where is the support for all two-parent families? Where is economic support for these going to magically appear? Is he pushing that agenda?

      The arrest and incarceration rates for African-American men is primarily a tax on Black families which tends to split them up and destabilize them appalling rates. Why not mention this as something that could be helped in his argument here?

      He seems to be doing a lot of cherry picking.

  10. Aug 2022
    1. Say you and your spouse are expecting to live on $5,000 a month in retirement

      Lets say...

      • Your Federal Pension of $1,500 a month
      • Social Security benefit of $1,200 a month
      • You’ll take $1,000 a month from your TSP
      • Your Spouse has a pension from their job of $800 a month
      • And you’ll take $500 a month from your spouse’s 401(k)
      • You estimate your retirement income to be $5,000 a month… but you forgot to figure in taxes.

      ^^^Please keep in mind this is just an example to demonstrate the impact of taxes. Everyone’s tax situation is unique, and there are often many other factors that affect your tax liability.^^

      Let’s say for our example that you might owe about $400 a month in taxes.

      So instead of $5,000 a month, you’re really getting $4,600 a month.

    2. IRS Pub 721 - "taxation of Federal Retirement Benefits"
    3. about 90% to 98% of your FERS or CSRS pension will be taxable
    4. CSRS or FERS Pensions are taxed at ordinary income tax rates
    5. You can control your tax bracket

      In class, I’ll ask people, “Where do you think tax rates are going in the future, up or down?”

      Most of the people in the class think that taxes will be going up.

      So the next question I ask is, “If you think taxes will be going up in the future – what are you doing about it now?”

      People will say, “But I can’t control whether taxes go up or down.”

      To which I reply, “Right, but YOU CAN control your tax bracket."

      “What?”

      “You can control your tax bracket – if you plan ahead – and you know what you’re doing.”

      Think about this – if all of your retirement money is in tax-deferred accounts, you will have to pay taxes on the money as you take it out in retirement. So what happens when tax rates go up? You’ll pay more in taxes.

      But what if you planned ahead? What if you had money available from a variety of sources that were taxed at rates lower than ordinary income tax rates – or were tax-free?

      You would be in a position to decide from which accounts you would take the money – and thereby decide how much you would be paying in taxes.

  11. Jun 2022
    1. Between 1914 and 1980, inequalities in income and wealth decreasedmarkedly in the Western world as a whole (the United Kingdom,Germany, France, Sweden, and the United States), and in Japan,Russia, China, and India, although in different ways, which we willexplore in a later chapter. Here we will focus on the Western countriesand improve our understanding of how this “great redistribution”took place.

      Inequalities in income and wealth decreased markedly in the West from 1914 to 1980 due to a number of factors including:<br /> - Two World Wars and the Great Depression dramatically overturned the power relationships between labor and capital<br /> - A progressive tax on income and inheritance reduced the concentration of wealth and helped increase mobility<br /> - Liquidation of foreign and colonial assets as well as dissolution of public debt

    2. In concreteterms, a state that levies taxes amounting to only 1 percent of the na-tional income has very little power and capacity to mobilize society.
  12. Sep 2021
    1. He reminds us that the original meaning of "free market" was "a market free from rents," where unproductive creditors were not allowed to lay a private tax on productive manufacturers. https://locusmag.com/2021/03/cory-doctorow-free-markets/

      The original meaning of free market was a "market free from rents," in which unproductive credtors are not allowed to place a private tax on productive manufacturers. (ie, it's harder to be a leech on the productive sector.)

    1. Is the fact that these exist a function of how quiet and unknown these can be within a small subset of select society? Because the're not more common or commonly known, the average person isn't aware (not helped by the complexity of the details) on a daily basis and thus they can continue on helped by politicians in power who can be lobbied (or otherwise captured).

    2. <small><cite class='h-cite via'> <span class='p-author h-card'>Cory Doctorow</span> in Pluralistic: 29 Sep 2021 – Pluralistic: Daily links from Cory Doctorow (<time class='dt-published'>09/30/2021 09:17:09</time>)</cite></small>

      The latest installment of Propublica's essential IRS Papers reporting shows how the richest Americans abuse a bizarre loophole to avoid ANY tax on indescribably vast estates:

      https://www.propublica.org/article/more-than-half-of-americas-100-richest-people-exploit-special-trusts-to-avoid-estate-taxes

  13. Feb 2021
  14. Oct 2020
    1. Will the CRA allow qualifying employers to amend choices and elections? The CRA confirmed that it is considering whether to allow qualifying employers to revise their CEWS-related choices (or elections) if it later turns out that another choice would have been more beneficial. These choices include whether to use the general year-over-year approach or the alternative approach, and whether to use the accrual or cash method for recognizing revenue.
  15. Sep 2020
    1. À compter du 1er janvier 2018, vos plus-values supporteront le prélèvement forfaitaire unique de 30%. Toutefois, si c’est plus avantageux pour vous, vous pouvez opter pour le barème progressif. Comme pour les dividendes, l’option est globale et s’applique à l’ensemble des revenus de placements (intérêts, dividendes…).

      .qa how much is the tax for plus-value? 30% where 17,2 is prelevement sociaux

    2. Les dividendes sont concernés par le prélèvement forfaitaire unique, ou PFU, de 30%.

      .qa what is the tax to pay for dividends? 30% flat

  16. Feb 2020
  17. Aug 2019
    1. he nation money by reducing administrative costs, eliminating the administrative expenses of marketing and advertising private health insurance,

      So will this make a money cheap in different countries like Mexico

    2. Per capita administrative costs may be higher in Medicare. For instance, in 2009 they were $509 in Medicare and $453 in private insurance. Medicare costs are lower as a percentage of the total only because total claims costs tend to be much higher in Medicare than in private insurance. This is because Medicare’s older and less healthy population file the claims costs. Medicare shifts administrative costs to doctors, hospitals, nursing homes, home health agencies, and other medical professionals who must comply with Medicare’s huge and complex regulatory requirements. Compliance with tens of thousands of pages of Medicare rules, regulations, guidelines, billing, and other paperwork requirements consumes vast amounts of time, energy, and effort on the part of the private-sector professionals who participate in the Medicare program. Medicare fails to effectively control waste, fraud, and abuse in the program. This failure of administration results in the staggering loss of tens of billions of taxpayer dollars each and every year. Private-sector health plans, policing their billing, have no comparable record in accumulating such enormous losses.

      There was an attempt to push through this plan.

    3. His planwould finance the national insurance program through a combination of payroll and income taxes, and it would replace private and employer-sponsored health insurance and existing government health programs—including Medicare itself.

      Is that means banning the activities of private insurance companies, and using only a single-payer health care system while everyone is robbed of jobs and becoming poor?

    1. “Democrats think it's not progressive enough because it doesn’t put extra burdens on higher-income people, like an income tax does,” Hines says. “And Republicans worry that it's too easy for the government to raise money with one.”
  18. Apr 2019
  19. Mar 2019
    1. While moving expenses you pay yourself are deductible, expenses that your employer reimburses you for are not eligible for the deduction.

      Looks like the Cartus expenses are not deductible.

  20. Jan 2019
  21. www.at-the-intersection.com www.at-the-intersection.com
    1. Um, so, but the other way is, you know, when, when they do make these transactions, they're all recorded on the exchanges that you, I moved those, that data to a spreadsheet and that's where I do the tax tracking.
    2. So the changing of the rules is, is kind of screwing with it, but I track it on a coin base and then I look at, you know, at the end of the month or end of the quarter or something, Say I traded a hell of lumen and I made a killing on lumen
    3. The other big issue is the fact that they're changing trading taxes on it. So now it's a fifo system for last year versus you could do like kind exchange in the year before. And so I'm keeping track bringing over those original cost basis is from the last, previous year to the new year is just so much easier on an excel sheet. I'm very transparent. It's, it's a pain in the ass and I hate to do it simply will not trust a one of those websites. I mean there's too much variance in literally I put a put tried two different websites.
    4. 100%. I mean, I uh, had light, I don't even remember exactly, but like 10,000 trees or something for 2018 I think. And same for 2017 like it's impossible for me to do it by hand
    5. Yeah. Use this tax software called Queen tracking tracking. I haven't been there in awhile, but that's how my to do list. But yeah, I basically, this is what I allow the API keys to get. They, they do read only and they allow them API act, read access to all my exchanges
    6. ns tax. Um, so I have a tax accountant that will help me and I think most of the exchanges have some type of data dump download. I'm not overly concerned with it. It might be a little messy, but I specifically moved here so I didn't have to overthink it. I know I don't have to pay any tax on it. So, um, okay. Yeah, that was my solution
  22. Oct 2017
  23. Dec 2015
    1. Australian Tax Office transparency report.

      The data contains the total income, taxable income and tax payable of more than 1,500 public and foreign private entities for the 2013-14 income year. The companies each have a total income of $100 million or more. Cells containing a dash (-) represent "an amount of zero or less". The report only contains individual companies, not groups of companies.