Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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👤︎ u/rustoo
📅︎ Jan 07 2022
🚨︎ report
The rich benefit as Democrats retreat from tax on unrealized capital gains cnbc.com/2021/12/29/the-r…
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👤︎ u/snooshoe
📅︎ Dec 30 2021
🚨︎ report
Isn't it a bit silly that as benefits and minimum wage go up, tax brackets remain the same?

From 2000 to 2008, the lowest tax bracket was $0–$9,500, and the next tax bracket $9,501–$38,000. In October 2008, these changed to $0–$14,000, and $14,001–$48,000. Now, coming up to 14 years later, after significant increases to costs of living, as well as increases to benefits and minimum wage, why are these still the same?

Someone working 2 days a week on minimum wage earns more than $14,000 a year. Even a single 25 y/o on Jobseeker Support earns more than $14,000 a year. If the point of increasing benefits and minimum wage is to help lift people out of poverty, why not also increase tax bracket upper thresholds so that less of that money is taken away? (In fact, what's even the point of charging tax on benefits? Genuinely curious.)

I fully understand how marginal tax rates work, but increasing incomes required to keep up with increasing costs of living results in higher effective tax rates on all but those earning less than the lowest threshold. If tax brackets were last adjusted after 8 years in 2008, aren't we now, approaching 14 years later, overdue for them to be adjusted again?

👍︎ 532
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👤︎ u/MuseNZ
📅︎ Jan 10 2022
🚨︎ report
The rich benefit as Democrats retreat from tax on unrealized capital gains cnbc.com/2021/12/29/the-r…
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👤︎ u/snooshoe
📅︎ Dec 30 2021
🚨︎ report
Economist: Reynolds’ 'Flat Tax' Benefits Rich, Puts Burden on Poor iowastartingline.com/2022…
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📅︎ Jan 12 2022
🚨︎ report
🐕DOGE SpaceX – Hourly DOGE Coin Reflections | Dapp For collecting DOGE coin rewards | 100% More APY by identifying Dust Wallets | Long-term Holding Benefits| Same tax for Buyers and Sellers | Automatic Burn mechanism | Pre-Sale For CMC/CG listing| Audit and KYC Complete🚀

🔥Doge SpaceX (DOGESX) is an upgraded version of Doge SpaceX 2022, a deflationary reflection based token available on BSC that generates DOGE coin rewards. The generated DOGE rewards can be claimed from a Dapp in the upgraded version. The upgraded token also brings in additional features such as improved tokenomics, vesting period for Pre-Sale buyers, air drop for V1 token holding wallets, solid marketing plan, and a tested contract from KYCed team. Doge SpaceX Pre-Sale is planned to launch on 30th Dec 🗓on PinkSale with a SC of 300 BNB. The main goal of the V2 Pre-Sale is to pool funds for marketing requirements such as CoinMarketCap/CG fast-tracking, CEX listings, Influencer marketing and Paid Ads. Doge SpaceX had a very successful Pre-Sale when its Hard Cap of 80 BNB fulfilled in less than 2 minutes.

🐶DApp Dashboard for collection of DOGE Coin Reflections: DOGE SpaceX sends DOGE coin reflections to token holders that are accumulated from user transactions. The amount of DOGE coins received are proportional to the transaction volumes and the total tokens in a given wallet. The new Doge SpaceX token has a DApp dashboard from which investors can collect their rewards without having to wait for the contract to deliver rewards to wallets. This brings in more visibility and transparency to the investors for rewards collection.

🐾Marketing Strategy: The main goal of V2 launch is to pool in additional funds for the marketing requirements such as fast-tracking the listings on CMC/DG, Influencer Marketing, Paid Campaigns, DexTools Weekly Banner Ads, Contests and exchange listings. The team has many marketing activities in pipeline which will be announced soon.

🐶100% Better APY Compared to Other Tokens: The token has a unique mechanism built into it to filter the dust wallets from active wallets. By stopping the dust wallets from receving rewards, the token generates 100% more APY in comparison to other reflection-based tokens.

🐾Authentic Team: In addition to the new features in the upgraded contract, the team has proved its authenticity by getting KYCed twice on PinkSale. Doxing is planned for Q1- 2022 as can be seen from the project’s roadmap.

🐶Better Tokenomics: The upgraded token has a better tax structure to generate more rewards for investors. 🔥8% of the tax are allocated to rewards pool, 3% for the liquidity, 2% for the Buy-Back bot and 1% for the development team.

From the token sale standpoint, 🔥 30% tokens are reserved for V1 token holders, 2

... keep reading on reddit ➡

👍︎ 775
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👤︎ u/cemrecev
📅︎ Dec 29 2021
🚨︎ report
Little economic benefit from new stadium - Billionaires who can build their own stadiums getting tax dollars for a stadium. Is it worth it? Studies say no. Can we just be honest if we're going to talk about building them a new stadium? investigativepost.org/202…
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👤︎ u/mamacrat
📅︎ Dec 14 2021
🚨︎ report
#Breaking. @GovInslee and Democratic leaders in #WALEG announce delay in new payroll tax to fund WA Cares long-term care benefit. twitter.com/austinjenkins…
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👤︎ u/drshort
📅︎ Dec 17 2021
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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👤︎ u/Danskiiii
📅︎ Jan 08 2022
🚨︎ report
Pay off housing loan vs investing question (equating tax benefits) - Posting here as didn't get many answers in the Discord server

I am not able to decide whether to pay off my housing loan or invest using the surplus every month. I have a fair idea about the benefit I will get on my investments in the long run (compared to prepaying the loan), but I want to incorporate the tax benefit (on housing loan interest and principal) into the equation. Any help would be deeply appreciated as I plan to start this strategy from Jan.

Here are the details -

  • Loan interest rate - 6.7%

  • Interest paid on loan so far - ~7 lakhs

  • Principal paid on loan so far - 4 lakhs

  • EMI - 37,000

  • Remaining tenure - ~9 years

  • Outstanding principal - ~26 lakhs

  • Outgoing interest (if I stay the course) - ~7 lakhs

  • Monthly surplus - 50,000

My original plan was to prepay 50,000 every month for the next 3 years and close the loan. This would make the total interest outgo to be roughly ~9 lakhs on the loan amount of 30 lakhs. Decent enough considering I didn't act early and have already paid ~7 lakhs to the lender as interest.

However, hypothetically, if I were to invest that same amount at roughly 8% interest rate (say, SIP on an index fund), I would get the following -

  • Scenario 1 - ~2.5 lakhs as interest for 3 years (very unlikely due to the short term but this considering this tenure to compare with the scenario where I pay off the loan with the surplus)
  • Scenario 2 - ~25 lakhs as interest for 9 years (compared to if I stay the course)

According to this calculator (https://usehhaf.org/loan-information/loan-calculators/mortgage-investment-analysis-calculator/), it makes sense to pay off the loan because it only considers scenario 1. It does not consider the other one.

Now comes the googly which I am unable to calculate into the mix - tax break. I am eligible for 2 lakh break on interest and 1.5 lakh on principal. My question then is - how do I add this benefit into the above calculation? What is the best strategy if my aim is to limit the loan interest outgo and use my surplus effectively?

--

User oneeyedcroc on Discord suggested this: *Not expert and do not have a housing loan but as per my rough calculations, if you are through 25%-30% of your loan tenure, prepayment doesnot offer that much huge benefits. In that case, you can utilize the surplus for prepayment for the next 1-2 years which would provide the most benefits. Also, after prepayments, keep the emi constant, only reduce loan

... keep reading on reddit ➡

👍︎ 96
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👤︎ u/TejasNair
📅︎ Dec 30 2021
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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👤︎ u/Danskiiii
📅︎ Jan 08 2022
🚨︎ report
Tax Benefits in EU

Hi all, I'm looking for a site that covers all the different tax benefits per country.

For example, in Spain have Beckham Law which provides 24% flat rate on all your income (as a foreigner coming to work in Spain) for 6 years.

Does anyone is familiar with a site that covers it all? I think it's an interesting thing to plan as much as possible according to this benefits

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👤︎ u/eyalmich
📅︎ Jan 02 2022
🚨︎ report
Fellow Tax Preparers, what are you getting for Benefits?

I work for a small Tax Firm (9 people) in New England (RI). We get 10 vacation days, and all Major Holidays (except during tax season). None of our vacation time rolls over. We get sick days that accrue over the year (1 hour per week of working ish), and do not rollover. Typical 9-5 schedule. $200 a month health insurance.

It's definitely a downgrade from my corporate job, but I don't know if it's the industry or the business. I work hard but wanna make my life suck less, and I hope you do too. How are you guys doing?

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📅︎ Jan 13 2022
🚨︎ report
IRS must investigate church-led ‘Let’s Go Brandon’ chant, says FFRF. “Tax exemptions are a serious public trust, a responsibility, and with that enormous benefit comes some responsibilities — including not engaging in partisan politics.” ffrf.org/news/news-releas…
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📅︎ Nov 15 2021
🚨︎ report
Tax Surprise! If You Received COVID Benefits, You Could See No Refund — or Even a Bill news.yahoo.com/tax-surpri…
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👤︎ u/MsKim
📅︎ Jan 04 2022
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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👤︎ u/LisaMck041
📅︎ Jan 08 2022
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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👤︎ u/Cowicide
📅︎ Jan 08 2022
🚨︎ report
Employer increased my salary to cover my health insurance as a “benefit”, is it tax deductible?

Been at my employer for a year and a half. About a year ago I was offered “health benefits”, by the cost of my health insurance being increased in my pay. I still pay for my health insurance. Is this tax deductible? Thank you

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📅︎ Jan 01 2022
🚨︎ report
Have you noticed a benefit to the end of "Tampon Tax"?

A big fuss has been made over the last 5 years or so about how we can now do things like abolish tax on tampons and similar items. I am a single man, so I don't keep track of such things, but I just read that this tax was abolished a year ago and wondered if the price of the products actually went down at all or if the manufacturers just kept the prices and made a bit more profit? Anyone noticed?

👍︎ 8
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📅︎ Jan 05 2022
🚨︎ report
Joe Manchin says he could be on board with paid leave, but wants a new payroll tax on workers to access the social benefit businessinsider.com/joe-m…
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📅︎ Nov 03 2021
🚨︎ report
Day Trader Tax Status Benefits

This year I'll qualify for Day Trader Tax Status, and I'm trying to get a rough estimate of what my taxes will be. I know that you can use the following for deductions:

  • office/home office space
  • equipment/software
  • accounting services

I've also seen some mentions online that you can do something with Wash Sales, but I don't understand what. In previous years as a normal investor, I simply subtracted them from my earnings for a stock. For example, if I make a wash sales on a stock for -$3K, but then later in the week I make $10K on that same stock, I would have counted it as $7K income. What wash sale accounting advantage is offered to me as a day trader?

I've also read about mark-to-market accounting, in which you report all annual gains and losses as if you sold everything on the last day of the year. Net losses can be accounted against income on an unlimited basis for day traders. I'm also unclear on how to take advantage of this.

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📅︎ Dec 30 2021
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
👍︎ 126
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📅︎ Jan 08 2022
🚨︎ report
Each Moorex token holder will get tokens passively as a result of the 1% transaction tax. The more people that exchange Moorex tokens, the better your benefits will be. This encourages users to circulate Moorex tokens, which benefits all holders in the long run.
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👤︎ u/safin2
📅︎ Jan 08 2022
🚨︎ report
Get Your 2021 Tax Benefit on Your 2022 Student Loan Lump Sum Payment

With POTUS’ official announcement that student loan payments and interest are indeed going to be starting up early next year, I know a lot of people here have saved up a bunch to do a big lump sum payment. This is a reminder that if you currently have accumulated interest on your loans, you might want to pay some of that lump sum THIS year (I.e. before 31 DEC 21).

Most people get a tax deduction for payments on student loan interest up to $2500/year. Meaning, if you’re in the 14% tax bracket, you’d get .14 x 2500 = $350 for free by pulling the trigger on some of your lump sum payment in 2021.

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📅︎ Dec 18 2021
🚨︎ report
Trying to crunch figures on how much carry over contributions to invest in Super for maximum benefit/tax saving etc.

From next FY wife will start to contribute 27.5k into super. However, she currently got $50k carry over and wage of only $65k. We can’t put the whole $50k carry over in as otherwise there is no tax benefit. Based on paycalculator a 25k contribution this and again next year would mean she pays limited tax on the income (on top of the 27.5k yearly cap she will contribute)

Is there a better way to calculate this or is it as simple as looking at max we can contribute until there is no longer a tax benefit ? My income is higher plus cash so disregard the income vs contributions issue.

👍︎ 11
💬︎
📅︎ Jan 08 2022
🚨︎ report
Jared Golden sole Democrat to vote against Build Back Better Act citing tax rule changes that would likely benefit the wealthy. - "The SALT giveaway in the Build Back Better Act is larger than the child care, pre-K, healthcare or senior care provisions of the bill.” thehill.com/homenews/hous…
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👤︎ u/rundown9
📅︎ Nov 20 2021
🚨︎ report
It’s there any point in using an IRA if your income is too high to get the deferred tax benefit?

I can contribute but i can’t write off the contribution. Any benefit to using an IRA in that case?

👍︎ 7
💬︎
📅︎ Jan 02 2022
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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📅︎ Jan 08 2022
🚨︎ report
Selling for tax benefits?

I have a hypothesis but it’s just a gut feel and I have no data to back this up.

2021 hasn’t been kind to CLOV stock. But for people with some diversity in their portfolios, the year has been great for other stocks, particularly in tech/software. CLOV is likely an outlier in most investors portfolios.

Is it possible the people are just selling CLOV to offset gains elsewhere in their portfolios and minimize tax liabilities? If CLOV is the sole red performer in your portfolio for 2021, I’m guessing a lot of folks may be selling - but only for that reason.

I haven’t sold a single share… but know that many people aren’t in that camp.

If there is any truth to this hypothesis, then we could see selling abruptly stop in the next two weeks and 2022 could be a “fresh start” without much selling pressure from retail investors.

Thoughts?

👍︎ 38
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📅︎ Dec 13 2021
🚨︎ report
The second-biggest program in the Democrats’ spending plan gives billions to the rich - Raising the state and local tax deduction cap would primarily benefit the top 10 percent of income earners. washingtonpost.com/busine…
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👤︎ u/Kyonikos
📅︎ Nov 16 2021
🚨︎ report
Group promotes tax benefit of legalizing pot in Indiana wthr.com/article/news/loc…
👍︎ 173
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📅︎ Dec 16 2021
🚨︎ report
[Heyman] Carlos Correa has received much interest/many offers but is comfortable waiting through the coming lockout for the right one. And he will wait. The usual big spenders and a majority of playoff teams have not spent big yet, and if the tax threshold rises, that could benefit him. twitter.com/jonheyman/sta…
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📅︎ Dec 01 2021
🚨︎ report
How Crypto Losses Could Result in Tax Benefits. coindesk.com/policy/2021/…
👍︎ 7
💬︎
📅︎ Dec 23 2021
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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📅︎ Jan 08 2022
🚨︎ report
[Landlord US-OH] To the other landlords, What’s your tax deduction checklist include that we may all benefit from knowing? Maybe we can all save a buck or two working together
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👤︎ u/Boyzinger
📅︎ Jan 04 2022
🚨︎ report
Can you marry your homie strictly for tax benefits?

Tax season is here I am trying to get deducted as much

👍︎ 13
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👤︎ u/1dayoungj
📅︎ Dec 20 2021
🚨︎ report
Is there a way to check if my ex is receiving working tax credit/benefits for my child?

Single dad to an 11 year old. My ex is very manipulative and untrustworthy, during a recent argument she through out that she gets nothing from the government despite being, legally, his primary carer. I don’t believe her. She was caught lying earlier this year saying she never received his £15 food vouchers during COVID, it was only after I rang his school to check the problem wouldn’t interfere with his free school dinners I found out not only had the vouchers been issued, they’d been redeemed.

👍︎ 286
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📅︎ Nov 04 2021
🚨︎ report
Non EU Special tax regime for expat benefits

Hello,

I'm a non EU expat living in Belgium for two and a half years. I have been benefiting of the Special tax regime for expats (RSI in French).

I'm looking for someone with experience with this kind of taxation and benefits because I am starting to have doubts that I'm being ripped off somewhere along the money chain.
I tried reaching out to my HR for this subject, they became aggressive with their responses.
I should also mention that my taxes as expat are being handled by a large firm. I think this is a deal between my employer and the tax firm. I have also tried reaching out to the tax firm and they simply refused to reply to any of my question and referred me back to my HR.

The problem here is by comparing my situation and the situation of many other collogues, we came all to the conclusion that the only difference between us (expats and normal Belgian contracts) is a measly 150 to 200 euros NET per month. Which I do find too little compared to how this special tax regime was sold to us.

I have also been conducting my own research to understand the extent of my rightful benefits under this regime.
I'm including a link to a full brochure for full details;
Brochure link: https://docdro.id/5hrLIov

For example, I do not and did not benefit of any of the below mentioned expanses:

>A. Non-recurring unlimited expenses, justified by actual expenses:
••Moving costs to and out of Belgium;
•• Settling in costs in Belgium.
B. Recurring unlimited expenses, justified by actual expenses:
•• International or private school fees for children who attend primary or secondary school (university and child care excluded).
C. Recurring limited expenses up to an annual ceiling of EUR 11,250 or EUR 29,750:
•• Difference in the cost of living and cost of housing between Belgium and the home country;
•• Home leave (for travel by plane, economy class );
•• Losses incurred when the accommodation in the home country cannot be leased or can only be leased below its normal rental value;
•• Emergency travel (e.g., serious illness or death of a close relative);
•• Exchange rate differential;
•• Differences in the income tax burden between Belgium and the home country (tax equalization);
•• Travel expenses of children studying abroad to visit their parents (maximum two trips per year).

I'd appreciate any help I can get to clarify this situation.

Thanks in

... keep reading on reddit ➡

👍︎ 5
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👤︎ u/Erossaan
📅︎ Dec 18 2021
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
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📅︎ Jan 07 2022
🚨︎ report
Use the US Tax Code For YOUR Benefit – Capital Gains Taxes

I wanted to share with this sub some information regarding how you may be able to raise your taxable base in some of your bitcoin holdings. This dawned on me a week ago when I saw a comment on a post discussing the difference between short term and long term capital gains tax rates, and after discussing with my tax accountant, I wanted to share with the sub for broader knowledge sharing.

Disclaimer: Please contact your tax preparer/accountant before you proceed with anything in real life. Make sure you understand the capital gains rules for yourself and confirm with your tax preparer/accountant.

Some here may know and understand that when you sell your bitcoin it creates a taxable transaction. As the US Government recognizes bitcoin (and other cryptos) as property, and not a currency, you need to pay taxes on the difference between what you paid for your BTC and what you sold your BTC – if it has gone up in value. These taxes are referred to as “Capital Gains” taxes – similar to gains on the sale of stocks or other assets. There are two types of capital gain taxes depending upon how long you have held the underlying asset (i.e., bitcoin) – these include Short Term and Long Term. If you have held the bitcoin for less than one year (365 days) then you will pay Short Term Capital Gains taxes – which are taxed at your marginal rate (like additional normal income). If you held your bitcoin for greater than 1 year, then you will pay Long Term Capital Gains taxes – which are taxed at varying levels depending upon your level of income.

Tax Rates for Long-Term Capital Gains in 2021

Filing Status 0% 15% 20%
Single <$40,400 $40,401-$445,850 &gt;$445,850
Head Of Household <$54,100 $54,101-$473,750 &gt;$473,750
Married Filing Jointly <$80,800 $80,801-$501,600 &gt;$501,600
Married Filing Separately <$40,400 $40,401-$250,800 &gt;$250,800

Source: https://www.investopedia.com/articles/personal-finance/101515/comparing-longterm-vs-shortterm-capital-gain-tax-rates.asp

How to use Capital Gains to your advantage

You will notice that for Long-Term Capital Gains there is a 0% tax rate – meaning that you will pay ZERO income tax on any gains on the sale of your bitcoin/assets as long as you are under the taxable income thresholds noted above (and in the link provided). As long as you have held

... keep reading on reddit ➡

👍︎ 50
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📅︎ Nov 30 2021
🚨︎ report
How Crypto Losses Could Result in Tax Benefits finance.yahoo.com/news/cr…
👍︎ 10
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📅︎ Dec 23 2021
🚨︎ report
Canadian 103XXX with the late check-in. Gave up some tax benefits to DRS some of my shares. This is the way.
👍︎ 1k
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📅︎ Nov 10 2021
🚨︎ report
Are there benefits in specializing in tax over general corporate?

I plan to practice Corporate/M&A but I really like tax and can see myself specializing in it. The ability to practice abroad is important for me, if that changes anything. Thanks in advance.

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👤︎ u/lilsnh
📅︎ Jan 05 2022
🚨︎ report
Tax benefits of business - a few questions while i speak to CPAs

Hi all,

This past year my advisory business scaled up from a bunch of pro bono and some minor w2 work to well into 6 figures of 1099 work.

One thing that’s been challenging for me to understand is what I may not be asking my CPA. I have a couple i run many questions by as i try to decide on a good partner. but it seems they never go beyond and think of the next logical questions - they just churn out direct answers to me.

Anyone else here have large w2 i come and 1099? I’m trying to flow as much operating expense for my household as possible through my individual s corp where I’m distributing earnings from my LLC to minimize taxes. Part of my mental model is trying to scale up my advisory company to fully cover my annual household operating costs so i can “semi retire.” I’m almost there now and curious what people in similar situations do to minimize tax burden.

Anyone else in similar shoes? A friend who is a financial advisors says he allocates parties at his home to business expenses, his car, quite a bit of his household expense all in. Anyone have reactions to this? Has anyone ever actually looked at what percent of their household operating expenses allocate against their company?

For anyone unsure of doing it and living frugally like i have, it’s one of the greatest lifestyle creep moves I’ve made. Instead of every 5 years for a computer, I’ll upgrade every two now since i allocate to the business. Nice desks/office furniture - done and dusted. Great car - easy choice. Strongly recommend it.

Thanks for any input on how to max out my annual household expense allocated to the business.

Edit: Another one just came up - trip to Disney with my family and business partner. We live remote from one another. Certainly could be our annual meeting. I don’t mind peppering the CPA’s but if there’s a general guidance here i welcome it. Also, if I’m thinking about it wrong it terms of ramping my personal business income to cover as much HH operating expense and there’s another mental model I’d love to hear it.

👍︎ 6
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📅︎ Dec 18 2021
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
👍︎ 17
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👤︎ u/proudfootz
📅︎ Jan 08 2022
🚨︎ report
What are the tax benefits for wrapping sHec in the U.S.?
👍︎ 5
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👤︎ u/koreankali
📅︎ Jan 12 2022
🚨︎ report
Study: Major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The research provides strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to benefit the wider economy. academic.oup.com/ser/adva…
👍︎ 46
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👤︎ u/Azidihaka
📅︎ Jan 08 2022
🚨︎ report
Make electric vehicles lighter to maximize climate and safety benefits: Tax heavy cars and shrink batteries to consolidate the gains from electrifying transport. nature.com/articles/d4158…
👍︎ 481
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👤︎ u/filosoful
📅︎ Oct 13 2021
🚨︎ report

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