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James Hickman🇬🇧 The UK scared away 10,800 millionaires by killing their 226-year-old Non-Dom tax regime. People will say, "who cares, they didn't pay tax". Except, they did. Lots of VAT and other tax, plus sh*tloads of economic activity that's now gone. <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Economics</a> <a href="https://mastodon.social/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> <a href="https://mastodon.social/tags/UKPolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UKPolitics</a> <a href="https://www.schiffsovereign.com/trends/a-beginners-guide-to-western-civilizations-self-sabotage-152725/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.schiffsovereign.com/trends/a-beginners-guide-to-western-civilizations-self-sabotage-152725/</a>

Richard PierceNew post. Stop it now, Labour! <a href="https://tettig.com/stop-it-now-labour" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://tettig.com/stop-it-now-labour</a> <a href="https://mas.to/tags/Politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Politics</a> <a href="https://mas.to/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> <a href="https://mas.to/tags/RejoinEU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RejoinEU</a>

☮ ♥ ♬ 🧑‍💻Day 31 cont 💰 😳😱 🎩👨‍⚖️🧑‍⚖️🏛️“Family trust blitz threatens ‘financial ruin’ as <a href="https://ioc.exchange/tags/ATO" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ATO</a> goes back decades: <a href="https://ioc.exchange/tags/Wealthy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Wealthy</a> families are being hit with huge bills for <a href="https://ioc.exchange/tags/unpaid" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#unpaid</a> <a href="https://ioc.exchange/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxes</a> and <a href="https://ioc.exchange/tags/penalties" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#penalties</a> as the Australian Taxation Office uses sweeping <a href="https://ioc.exchange/tags/powers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#powers</a> to <a href="https://ioc.exchange/tags/investigate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#investigate</a> taxes on family trust distributions dating back more than 30 years. …The crackdown is associated with what are known as <a href="https://ioc.exchange/tags/FamilyTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FamilyTrust</a> elections and the payment of family trust distributions tax dating back to 1998, when the tax was first introduced to combat <a href="https://ioc.exchange/tags/TaxAvoidance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TaxAvoidance</a> schemes.”I cannot believe 🥔🤓 hasn’t mentioned and weaponised this ATO action. A tax policy might have uncovered this? <a href="https://ioc.exchange/tags/AusPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AusPol</a> / <a href="https://ioc.exchange/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a> / <a href="https://ioc.exchange/tags/elections" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#elections</a> <<a href="https://archive.md/c6l94" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://archive.md/c6l94</a>> / <<a href="https://www.afr.com/policy/tax-and-super/family-trust-blitz-threatens-financial-ruin-as-ato-goes-back-decades-20250429-p5lv2p" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.afr.com/policy/tax-and-super/family-trust-blitz-threatens-financial-ruin-as-ato-goes-back-decades-20250429-p5lv2p</a>>

Craig Aaen StockdaleAfter meeting with <a href="https://openbiblio.social/tags/JonasGahrSt%C3%B8re" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JonasGahrStøre</a> apparently <a href="https://openbiblio.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> likes the way we <a href="https://openbiblio.social/tags/Norwegians" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Norwegians</a> run our country. You know, <a href="https://openbiblio.social/tags/Norway" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Norway</a>. That <a href="https://openbiblio.social/tags/woke" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#woke</a> country with high <a href="https://openbiblio.social/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a>, low inequality and a huge, costly public sector that’s generally run by left-wing parties. That Norway 🙄 Methinks the doddering old fool is confused again.

N-gated Hacker News🚫 Ah, California—land of sunshine, startups, and now, apparently, a tax on 403 errors! 🌞💸 Who knew "Forbidden" was a revenue stream? Maybe next they'll tax our eye rolls at their legislative creativity. 🙄 <a href="https://www.newsweek.com/california-tax-social-media-legislation-2064045" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.newsweek.com/california-tax-social-media-legislation-2064045</a> <a href="https://mastodon.social/tags/California" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#California</a> <a href="https://mastodon.social/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> <a href="https://mastodon.social/tags/403Errors" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#403Errors</a> <a href="https://mastodon.social/tags/StartupLife" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StartupLife</a> <a href="https://mastodon.social/tags/LegislativeHumor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LegislativeHumor</a> <a href="https://mastodon.social/tags/TechNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TechNews</a> <a href="https://mastodon.social/tags/HackerNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HackerNews</a> <a href="https://mastodon.social/tags/ngated" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ngated</a>

Yle NewsGovernment's new tax cuts: Here's how much you'll saveThose earning a quarter of a million euros annually will see a tax reduction of around 9,250 euros per year, based on estimates by the Taxpayers Association of Finland.<a href="https://yle.fi/a/74-20158072" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://yle.fi/a/74-20158072</a><a href="https://social.ahlroos.me/tags/Politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Politics</a> <a href="https://social.ahlroos.me/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Economy</a> <a href="https://social.ahlroos.me/tags/Worklife" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Worklife</a> <a href="https://social.ahlroos.me/tags/Domestic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Domestic</a> <a href="https://social.ahlroos.me/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a>

Morpheus Being<a href="https://aus.social/tags/auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#auspol</a> <a href="https://aus.social/tags/Election2025" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Election2025</a> <a href="https://aus.social/tags/Dutton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Dutton</a> <a href="https://aus.social/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> Well now he has let cat out of the bag - drop the tax cuts helping us, and increase the rates. But not for the already rich.<a href="https://www.thenewdaily.com.au/news/politics/australian-politics/federal-election-2025/2025/04/23/peter-dutton-tax-hikes?ahe=10da81e7ce6987cf6223a8364928480a33111cc0433e7442e8d92287765141b9&acid=2770093&utm_campaign=PM%20Extra%20-%2020250423&utm_medium=email&utm_source=Adestra&lr_hash=d2df3612762179c8dc37eaafc2337a60" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.thenewdaily.com.au/news/politics/australian-politics/federal-election-2025/2025/04/23/peter-dutton-tax-hikes?ahe=10da81e7ce6987cf6223a8364928480a33111cc0433e7442e8d92287765141b9&acid=2770093&utm_campaign=PM%20Extra%20-%2020250423&utm_medium=email&utm_source=Adestra&lr_hash=d2df3612762179c8dc37eaafc2337a60</a>

ResearchBuzz: FirehoseAssociated Press: Trump administration plans to end the IRS Direct File program for free tax filing, AP sources say. “The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency for free, according to two people familiar with the decision.”<a href="https://rbfirehose.com/2025/04/21/associated-press-trump-administration-plans-to-end-the-irs-direct-file-program-for-free-tax-filing-ap-sources-say/" class="" rel="nofollow noopener noreferrer" target="_blank">https://rbfirehose.com/2025/04/21/associated-press-trump-administration-plans-to-end-the-irs-direct-file-program-for-free-tax-filing-ap-sources-say/</a>

Ecologia Digital"<a href="https://mato.social/tags/AIbasedcapitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AIbasedcapitalism</a>, if it is to maintain its political legitimacy, may well have to be accompanied by very <a href="https://mato.social/tags/high" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#high</a> levels of <a href="https://mato.social/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a> on <a href="https://mato.social/tags/capital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#capital</a>, which would, in effect, socialize the financial returns that the <a href="https://mato.social/tags/AImodels" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AImodels</a> generate. Perhaps this was what the A.I. pioneer <a href="https://mato.social/tags/GeoffreyHinton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GeoffreyHinton</a> was getting at during a recent interview when, on being asked about the economic policies needed to make A.I. work for everybody, he gave a one-word answer: <a href="https://mato.social/tags/Socialism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Socialism</a>.”<a href="https://www.newyorker.com/magazine/2025/04/21/how-to-survive-the-ai-revolution" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.newyorker.com/magazine/2025/04/21/how-to-survive-the-ai-revolution</a>

Dean<a href="https://stroud.social/users/eco-g" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@eco-g</a> Standard accounting for many multinational corporations. This lack of oversight and poor regulation is not an accident. It's the result of decades of collusion and influence between government and corporate grifters. <a href="https://mastodon.sdf.org/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a> <a href="https://mastodon.sdf.org/tags/loopholes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#loopholes</a> <a href="https://mastodon.sdf.org/tags/coffee" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#coffee</a> <a href="https://mastodon.sdf.org/tags/multinationals" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#multinationals</a>

ResearchBuzz: FirehoseRoute Fifty: Cryptocurrency tax revenue negligible since launch of Colorado program. “In the more than two years that Colorado has accepted cryptocurrency as payment for state taxes, the amount Coloradans have submitted using the new form of payment is essentially nonexistent. The Colorado Department of Revenue in September 2022 started accepting cryptocurrency, such as Bitcoin, for all state […]<a href="https://rbfirehose.com/2025/04/17/route-fifty-cryptocurrency-tax-revenue-negligible-since-launch-of-colorado-program/" class="" rel="nofollow noopener noreferrer" target="_blank">https://rbfirehose.com/2025/04/17/route-fifty-cryptocurrency-tax-revenue-negligible-since-launch-of-colorado-program/</a>

Looking for explanations…What if we had a tax free UBI, and a lower tax free threshold for other income? What if tax brackets were related to the median income, with very high tax rates for those receiving 5, 10, 20 times the median income? <a href="https://aus.social/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> <a href="https://aus.social/tags/AusPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AusPol</a>

Operation Resuscitation: DemocracyIf I start a tax-exempt religion called the Church of Democracy or something like that to preach the value of <a class="hashtag" href="https://bsky.app/search?q=%23democracy" rel="nofollow noopener noreferrer" target="_blank">#democracy</a>, who would join? 🧐 <a class="hashtag" href="https://bsky.app/search?q=%23religion" rel="nofollow noopener noreferrer" target="_blank">#religion</a> <a class="hashtag" href="https://bsky.app/search?q=%23taxes" rel="nofollow noopener noreferrer" target="_blank">#taxes</a> <a class="hashtag" href="https://bsky.app/search?q=%23taxation" rel="nofollow noopener noreferrer" target="_blank">#taxation</a>

Dining & CookingRepublicans Debate Higher Taxes on the Rich <a href="https://www.diningandcooking.com/2016885/republicans-debate-higher-taxes-on-the-rich/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.diningandcooking.com/2016885/republicans-debate-higher-taxes-on-the-rich/</a> <a href="https://vive.im/tags/Debates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Debates</a>(Political) <a href="https://vive.im/tags/HighNetWorthIndividuals" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HighNetWorthIndividuals</a> <a href="https://vive.im/tags/IncomeTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#IncomeTax</a> <a href="https://vive.im/tags/LawAndLegislation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LawAndLegislation</a> <a href="https://vive.im/tags/PoliticsAndGovernment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PoliticsAndGovernment</a> <a href="https://vive.im/tags/Poverty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Poverty</a> <a href="https://vive.im/tags/Recipes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Recipes</a> <a href="https://vive.im/tags/RecipesTopics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RecipesTopics</a> <a href="https://vive.im/tags/SmallBusiness" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SmallBusiness</a> <a href="https://vive.im/tags/States" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#States</a>(US) <a href="https://vive.im/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a>

Jason D. Moss 🇨🇦"Low-competence implementation"The world just went totally mad. Here's what it means.<a href="https://kilogram.makeup/users/garyseconomics" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@garyseconomics</a> <a href="https://mastodon.online/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tariffs</a> <a href="https://mastodon.online/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> <a href="https://mastodon.online/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Economy</a> <a href="https://mastodon.online/tags/Uncertainty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Uncertainty</a> <a href="https://www.youtube.com/watch?v=T-1s9AykUyU" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.youtube.com/watch?v=T-1s9AykUyU</a>

AMonkeyInSilk 🇺🇦🇵🇸<a href="https://aus.social/@maudenificent" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@maudenificent</a> While companies should pay a fair price to use Australian resources such as minerals, household and individual purchasing power, workforce, education and intellectual property it is wrong to think that company taxes fund Australian government expenditure.The federal government funds Australia through its creation of fiat currency. The federal government invests less or more through budget deficits and surpluses. <a href="https://theblower.au/tags/auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#auspol</a> <a href="https://theblower.au/tags/mmt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#mmt</a> <a href="https://theblower.au/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> <a href="https://theblower.au/tags/taxavoidance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxavoidance</a> <a href="https://theblower.au/tags/companytax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#companytax</a> <a href="https://michaelwest.com.au/corporate-tax-avoidance-who-helps-fund-australia-and-who-doesnt/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://michaelwest.com.au/corporate-tax-avoidance-who-helps-fund-australia-and-who-doesnt/</a>

Austrian<a href="https://lounge.town/@nathanu" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@nathanu</a> You are wrong. Capitalists do not "rob working people". Workers are paid the market price for their services. It is the consumers, including people like you, who prevent the employers from paying workers 2 or 20 times more. In reality, it is the state, the government with its clients, that robs the people with taxes, inflation, regulation, etc. <a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#capitalism</a> <a href="https://mastodon.social/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a> <a href="https://mastodon.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://mastodon.social/tags/statism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#statism</a>

AMonkeyInSilk 🇺🇦🇵🇸While companies should pay a fair price to use Australian resources such as minerals, household purchasing power, workforce and intellectual property it is wrong to think that they fund Australia.The federal government funds Australia through its creation of fiat currency. The federal government invests less or more through budget deficits and surpluses. <a href="https://theblower.au/tags/auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#auspol</a> <a href="https://theblower.au/tags/mmt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#mmt</a> <a href="https://theblower.au/tags/Taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Taxation</a> <a href="https://theblower.au/tags/taxavoidance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxavoidance</a> <a href="https://theblower.au/tags/companytax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#companytax</a> <a href="https://michaelwest.com.au/corporate-tax-avoidance-who-helps-fund-australia-and-who-doesnt/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://michaelwest.com.au/corporate-tax-avoidance-who-helps-fund-australia-and-who-doesnt/</a>

Austrian<a href="https://mastodon.social/@h4ckernews" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@h4ckernews</a> No! Both negative income tax (i.e. UBI) and positive income tax reduce the incentive to work hard for the consumers. That is how the law of marginal utility works. No one can disprove the true economic theory with any historical facts. <a href="https://mastodon.social/tags/ubi" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ubi</a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economics</a> <a href="https://mastodon.social/tags/economicpolicy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economicpolicy</a> <a href="https://mastodon.social/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a>

PapyrusBrigadeI like the carbon tax. And I like the GST.Why?Carbon tax with rebate is a good carrot and stick approach to bring about behaviour change. Especially to reduce use of fossil fuels, which not only are burning up the planet, but literally fueling wars and genocide.GST helps catch gaps in the income tax system. Wealthy people can use tax shelters to reduce/avoid income tax. But its not as easy to avoid the GST. And wealthy spend a lot.<a href="https://mstdn.ca/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#taxation</a> <a href="https://mstdn.ca/tags/GST" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GST</a> <a href="https://mstdn.ca/tags/CarbonTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CarbonTax</a>

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