Taxing Tuesday: Phoning It In
by meep
Yes, the tax mines never sleep, but I really need to.
As I type this, I’m in Baltimore, having finished grading actuarial exams. As this is posted, I’m doing an Excel webinar (if you miss it, don’t worry, a recording will be available for sale soon after.)
But I can’t let the taxes go for one week, because they do pile up.
So here’s a dump!
TAX STORIES
- Illinois: Will Legalizing Marijuana and Sports Betting Solve Illinois’ Budget Problems? No. Is this a real question?
- Fox Business: Wealthy Illinois residents could see taxes spike – Could? Is this a joke?
- Reason: Californians Are Now Paying Higher Gas Taxes. Cities Are Responding by Reducing Lanes for Cars
- Quartz: The world’s biggest economies are moving closer to a global tax for big tech – there are a few more on this below. This should be interesting to watch how it plays out.
- CNN: World leaders are preparing the biggest corporate tax overhaul in a century
- Forbes: Alberta Repealed Its Carbon Tax. What Now? – How about telling all other governments what a bad idea this is?
- Tax Foundation: How High are Beer Taxes in Your State?
- Car fee, tax would wipe out graduated tax plan’s savings for many in Illinois – surprising exactly nobody
- BBC: Tory leadership contest: Boris Johnson pledges income tax cut for high earners
- MSNBC: Truckers hit hard by Trump, GOP tax plan
- Amazon Led a Tax Rebellion. A Year Later, Seattle Is Gridlocked
- Millionaires tax? State shutdown? Here’s the deal now with NJ’s budget fight
- Illinoisans To Pay More Tax When Shopping Online
- Rep. Ilhan Omar under scrutiny over joint tax filings
- Pakistani PM threatens legal action against tax evaders
- Gizmodo: G20 Countries Agree on Approach to Shut Down Big Tech’s Tax Loopholes
TAX TWEETS
Silicon Valley gets a tax windfall from a small-business break https://t.co/CgaYLluvSw
— Bloomberg (@business) June 10, 2019
"We just hiked taxes $6.9BILLION. But you believe we're gonna lower your property taxes, right?"
— Beverly A. Pekala (@PekalaLaw) June 10, 2019
"HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA."#Illinois #CALLTHEMOVERS #MondayMorning#Chicago #realestate #taxes
California Demshttps://t.co/kpYYtnraME
There are now 14.2 million people living in poverty in the UK, with 320,000 people without a home and 1.6 million food bank parcels distributed last year.
— Adam Bienkov (@AdamBienkov) June 10, 2019
Boris Johnson's first priority: A £10 billion tax cut for high earners. https://t.co/mONwctDxPC
Vital public services need more money but instead Con favourite
— Anna Soubry MP (@Anna_Soubry) June 10, 2019BorisJohnson</a> promises £10 billion tax cut for the richest & <a href="https://twitter.com/hashtag/NoDealBrexit?src=hash&ref_src=twsrc%5Etfw">#NoDealBrexit</a> Neither are in national interest but find favour with 100k Con members who’ll decide our country’s future. Time for change! #ForChange_Now
Yes, the corporate tax rate in Sweden is heading down to 22% by 2020 but the country’s consumption tax rate (GST) is 25% which is well above the OECD average. Should we only aim to be internationally competitive in company taxes but not others?
ABCthedrum</a></p>— Emma Alberici (albericie) June 10, 2019
Well Scots are going to be totally screwed.
— DeniseCouper (@GraceBrodie) June 10, 2019
National Insurance which is not devolved is increased to pay for tax cuts which are devolved
So Scots will pay extra NI
But will not get the tax cut.
Devolution does not work only independence works.
The G20 is targeting tech titans' tax havens pic.twitter.com/1yAwhuP9tR
— Reuters Top News (@Reuters) June 10, 2019
EDITORIAL: The Coalition went hard on Labor over taxes, including a so-called death tax that Labor said it didn't support… Remember, Labor also promised there'd be no carbon tax, and then introduced one.
— Sky News Australia (@SkyNewsAust) June 10, 2019
MORE: https://t.co/FHT1bSk8Fm #KennyOnMedia pic.twitter.com/wmxBqlpcZr
Are you even a conservative? The tax take on higher earners has increased massively. It’s just weak government constantly caving in to more spending by demands from the left. Stand up man!
— Henry (@Henry09789523) June 10, 2019
It's time for Congress to get Kushners tax returns
— Stephen Pople (@PopleGolf) June 10, 2019
See y’all for more taxes next week!
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