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No, Sen. Cory Booker, you are absolutely wrong. Ben Ritz’s analysis was not limited to raising tax rates. He was looking at the total revenue that could be raised from any tax increase on households earning more than $400,000 per year. Cc: Dana Bash

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DESANTIS: “In 2019, all property tax revenue to local governments was $32 billion. Last year: $56 BILLION! From $32 to $56 million in a six year period! What is that, like an 80% increase? Are you 80% better off with the services you're getting anywhere? Of course not.”

DESANTIS: “In 2019, all property tax revenue to local governments was $32 billion. Last year: $56 BILLION! From $32 to $56 million in a six year period! What is that, like an 80% increase? Are you 80% better off with the services you're getting anywhere? Of course not.”

Chris Nelson 🏝️🇺🇸

257,380 Aufrufe • vor 6 Monaten

Finance Minister Mthuli Ncube says the 2% tax on electronic transactions (IMTT) is one of the key taxes keeping government afloat. He is under pressure to scrap the charge, including from ZANU PF, which called for an end to the tax at its recent conference. Ncube told MPs today that removing the tax would leave a revenue gap that could only be filled by making what would be another unpopular move: raising VAT. At the end of 2024, the IMTT accounted for about 8% of total tax collections.

Finance Minister Mthuli Ncube says the 2% tax on electronic transactions (IMTT) is one of the key taxes keeping government afloat. He is under pressure to scrap the charge, including from ZANU PF, which called for an end to the tax at its recent conference. Ncube told MPs today that removing the tax would leave a revenue gap that could only be filled by making what would be another unpopular move: raising VAT. At the end of 2024, the IMTT accounted for about 8% of total tax collections.

newZWire

69,499 Aufrufe • vor 8 Monaten

Democrat morons in Washington state advanced their millionaires tax, which taxes people making over $1 million at 9.9% on anything above that threshold. Former Starbucks CEO Howard Schultz announced that he and his wife are moving from Seattle to Florida after more than four decades in the city. Many more rich people will follow. So not only will Washington fail to get the additional tax revenue it wanted, it will actually lose tax revenue. Well done, you Democrat morons. (king5news on TT)

Democrat morons in Washington state advanced their millionaires tax, which taxes people making over $1 million at 9.9% on anything above that threshold. Former Starbucks CEO Howard Schultz announced that he and his wife are moving from Seattle to Florida after more than four decades in the city. Many more rich people will follow. So not only will Washington fail to get the additional tax revenue it wanted, it will actually lose tax revenue. Well done, you Democrat morons. (king5news on TT)

Paul A. Szypula 🇺🇸

281,082 Aufrufe • vor 4 Monaten

How does $4,200 sound? That could be the amount on a typical tax refund check this year, a new analysis by Piper Sandler found. The 2026 refunds are set, on average, to increase by about $1,000 per filer, the report found, driven by tax policy outlined in the "One Big Beautiful Bill" that was signed by President Trump in July. The changes could lead to an even larger amount on what is typically a family's single largest check of the year in the U.S. CBS News' errol barnett • cbs explains.

How does $4,200 sound? That could be the amount on a typical tax refund check this year, a new analysis by Piper Sandler found. The 2026 refunds are set, on average, to increase by about $1,000 per filer, the report found, driven by tax policy outlined in the "One Big Beautiful Bill" that was signed by President Trump in July. The changes could lead to an even larger amount on what is typically a family's single largest check of the year in the U.S. CBS News' errol barnett • cbs explains.

CBS News

24,927 Aufrufe • vor 5 Monaten

🚨 IT'S OFFICIAL: Democrats are furious after local news is forced to report that tax refunds for Americans are SURGING over +10% year over year The average refund is nearly $3,700. That is a HUGE increase under President Trump! The "experts" are in shambles again 🔥 "The average tax return is more than 10% higher than last year." "There are a number of changes working in your favor this year. We can now deduct more of our state and local taxes on our federal returns." "There's no tax on overtime and we get more for those little tax deductions we call our kids." "Early numbers indicated that the average tax return was about $3,700 bucks this year!" Rapid Response 47

🚨 IT'S OFFICIAL: Democrats are furious after local news is forced to report that tax refunds for Americans are SURGING over +10% year over year The average refund is nearly $3,700. That is a HUGE increase under President Trump! The "experts" are in shambles again 🔥 "The average tax return is more than 10% higher than last year." "There are a number of changes working in your favor this year. We can now deduct more of our state and local taxes on our federal returns." "There's no tax on overtime and we get more for those little tax deductions we call our kids." "Early numbers indicated that the average tax return was about $3,700 bucks this year!" Rapid Response 47

Eric Daugherty

30,956 Aufrufe • vor 3 Monaten

The homes in the Pacific Palisades that burned down were homes that were passed down from family member to family member This means those homes were on old tax rates from the 70’s or early. Now that the homes burned down and the lots are being sold, all the homes will be subject to the current property tax rates I looked it up and found this is estimated to bring in an additional $400 million dollars in tax revenue per year to Los Angeles Democrats This is billions and billions of dollars in new revenue they wouldn’t have before…. Spencer Pratt “Back to the land grab”

The homes in the Pacific Palisades that burned down were homes that were passed down from family member to family member This means those homes were on old tax rates from the 70’s or early. Now that the homes burned down and the lots are being sold, all the homes will be subject to the current property tax rates I looked it up and found this is estimated to bring in an additional $400 million dollars in tax revenue per year to Los Angeles Democrats This is billions and billions of dollars in new revenue they wouldn’t have before…. Spencer Pratt “Back to the land grab”

Wall Street Apes

691,184 Aufrufe • vor 2 Monaten

President Trump’s economic policies are working to make Americans’ Thanksgiving more affordable this year – from their commute to the dinner table. And more relief is coming in the months ahead: ⛽️The national average price of a gallon of gas on Thanksgiving Day is projected to be at the cheapest price since the COVID pandemic in 2021. 🍽️According to the American Farm Bureau Federation’s annual survey, cooking Thanksgiving dinner will also cost less than it did last year and is down about 5% overall. 🦃The average price of a staple of the meal – a 16-pound frozen turkey – has fallen more than 16% from last year. 💰Thanks to the President signing the largest middle class tax cuts in history into law – from No Tax on Overtime to No Tax on Tips to No Tax on Social Security – tax filers could expect an extra $1,000 bump to their tax refund next year in what could be a record-breaking tax refund season, according to a new study from Piper Sandler.

President Trump’s economic policies are working to make Americans’ Thanksgiving more affordable this year – from their commute to the dinner table. And more relief is coming in the months ahead: ⛽️The national average price of a gallon of gas on Thanksgiving Day is projected to be at the cheapest price since the COVID pandemic in 2021. 🍽️According to the American Farm Bureau Federation’s annual survey, cooking Thanksgiving dinner will also cost less than it did last year and is down about 5% overall. 🦃The average price of a staple of the meal – a 16-pound frozen turkey – has fallen more than 16% from last year. 💰Thanks to the President signing the largest middle class tax cuts in history into law – from No Tax on Overtime to No Tax on Tips to No Tax on Social Security – tax filers could expect an extra $1,000 bump to their tax refund next year in what could be a record-breaking tax refund season, according to a new study from Piper Sandler.

Karoline Leavitt

613,339 Aufrufe • vor 7 Monaten

The budget failed to deliver significant income tax cuts to offset bracket creep that is devasting family budgets as a result of high inflation. For someone on a wage of $80,000, 4% inflation reduces purchasing power by $3,200 each year. The best Chalmers can do to help hard working Australians, is to offer a measly $275 temporary tax offset. The minimum CGT tax rate of 30% is wrong. Capital gains like any income should be taxed at the marginal rate. Low income earners are going to be hit hard by this measure. I could live with removing the CGT discount provided the extra tax revenue from that measure had been used to offset income tax rather than remove negative gearing. Negative gearing is more effective when income tax rates are high. If tax rates were lowered, then negative gearing would be become a more much ineffective tax strategy. Personally I’ve never been a fan of negative gearing, because you have to spend a $1 to get 47 cents back which leaves you 53 cents worse off in today’s money. There is no substitute for cutting income tax if you want to maintain a strong economy. Immigration is forecast to be 2 million over the next two terms of Parliament which is still too high. Yet again if Labor wants to improve housing affordability, why won’t they lower immigration? Debt levels are forecast to continue to increase which reflects on Labor’s inability to control government spending. People First will cut spending, cut immigration and cut taxes. See how at:

The budget failed to deliver significant income tax cuts to offset bracket creep that is devasting family budgets as a result of high inflation. For someone on a wage of $80,000, 4% inflation reduces purchasing power by $3,200 each year. The best Chalmers can do to help hard working Australians, is to offer a measly $275 temporary tax offset. The minimum CGT tax rate of 30% is wrong. Capital gains like any income should be taxed at the marginal rate. Low income earners are going to be hit hard by this measure. I could live with removing the CGT discount provided the extra tax revenue from that measure had been used to offset income tax rather than remove negative gearing. Negative gearing is more effective when income tax rates are high. If tax rates were lowered, then negative gearing would be become a more much ineffective tax strategy. Personally I’ve never been a fan of negative gearing, because you have to spend a $1 to get 47 cents back which leaves you 53 cents worse off in today’s money. There is no substitute for cutting income tax if you want to maintain a strong economy. Immigration is forecast to be 2 million over the next two terms of Parliament which is still too high. Yet again if Labor wants to improve housing affordability, why won’t they lower immigration? Debt levels are forecast to continue to increase which reflects on Labor’s inability to control government spending. People First will cut spending, cut immigration and cut taxes. See how at:

Gerard Rennick

32,831 Aufrufe • vor 2 Monaten

Thomas Sowell: "I was just doing some research on Detroit and it's decline, as they kept raising the city income tax, the revenues kept falling. Barack Obama was asked by Charles Gibson in 2008, why he wanted to raise the tax rate because he will raise more revenue if he does the opposite, and his response was that, 'it's a matter of social justice'. He didn't care about the consequences. If he can get people to be mad at the rich and vote for him, it's a political success. He doesn't care whether the government collects more revenues or not."

Thomas Sowell: "I was just doing some research on Detroit and it's decline, as they kept raising the city income tax, the revenues kept falling. Barack Obama was asked by Charles Gibson in 2008, why he wanted to raise the tax rate because he will raise more revenue if he does the opposite, and his response was that, 'it's a matter of social justice'. He didn't care about the consequences. If he can get people to be mad at the rich and vote for him, it's a political success. He doesn't care whether the government collects more revenues or not."

Sowell Economics

309,278 Aufrufe • vor 1 Monat

[WATCH] Finance Portfolio Committee chairperson Joe Maswanganyi says it can't be right that when the government wants to raise tax there are threats of protests. He says the state will at some point collapse if run on the 'populism' that there will never be a tax increase. "You are not going to run a state based on populism." #Newzroom405

[WATCH] Finance Portfolio Committee chairperson Joe Maswanganyi says it can't be right that when the government wants to raise tax there are threats of protests. He says the state will at some point collapse if run on the 'populism' that there will never be a tax increase. "You are not going to run a state based on populism." #Newzroom405

Newzroom Afrika

16,267 Aufrufe • vor 1 Jahr

Mamdani: PTET is essentially a loophole that allows high-income earners to reduce their federal tax burden. Who benefits? Millionaires and multimillionaires. More than 95% of PTET credits go to those making more than $1 million a year. More than 80% go to those earning more than $5 million a year. The PTET, in short, is a tax cut for the rich. We are not calling to eliminate the credit. We are instead asking the state for a modest reduction from 100% to 75%—that change alone will generate nearly $1 billion in additional revenue, revenue we can invest in buses that carry New Yorkers to work, the public schools that educate our children, and the public parks and beaches where we spend our summers.

Mamdani: PTET is essentially a loophole that allows high-income earners to reduce their federal tax burden. Who benefits? Millionaires and multimillionaires. More than 95% of PTET credits go to those making more than $1 million a year. More than 80% go to those earning more than $5 million a year. The PTET, in short, is a tax cut for the rich. We are not calling to eliminate the credit. We are instead asking the state for a modest reduction from 100% to 75%—that change alone will generate nearly $1 billion in additional revenue, revenue we can invest in buses that carry New Yorkers to work, the public schools that educate our children, and the public parks and beaches where we spend our summers.

Acyn

119,039 Aufrufe • vor 2 Monaten

In NBA 2K, to skip 37 levels from level 3 (what you would need to do on #WWE2K26 if you didnt want to grind) It would cost $73 USD. At $2 per level (3 items per level) it would cost $80 to skip the entire season. Total cost for The Monday Night Wars Edition and skipping all seasons $630 USD plus tax. Thats more than the price of the console you are playing the game on. Im assuming, this will be the same route 2K is taking the WWE games. (I could be wrong)

In NBA 2K, to skip 37 levels from level 3 (what you would need to do on #WWE2K26 if you didnt want to grind) It would cost $73 USD. At $2 per level (3 items per level) it would cost $80 to skip the entire season. Total cost for The Monday Night Wars Edition and skipping all seasons $630 USD plus tax. Thats more than the price of the console you are playing the game on. Im assuming, this will be the same route 2K is taking the WWE games. (I could be wrong)

The Pro Wrestling Shoot

48,604 Aufrufe • vor 5 Monaten

San Francisco Democrats want to drastically raise taxes of large companies A new ballot measure has been introduced dubbed The “CEO Tax” Taxes will be increased as much as 800-900%+ This is insanity. Here’s what Democrats are trying to do The “CEO Tax” (Overpaid CEO Tax or Top Executive Pay Tax) in San Francisco - It’s not a direct tax on CEOs personally, it’s an extra tax on the company based on its gross It targets very large companies only: - Over $1 billion in annual revenue. - More than 1,000 employees. - CEO or top executive paid 100 times or more than the median typical worker’s pay Here’s what it will do - Make the tax much higher, rates jump significantly roughly 800-900% increase in some cases - Calculate the pay gap using all employees worldwide, not just those in San Francisco, this makes it easier to trigger the tax (AND SUCH A SCAM) It will generate $250 million per year for the city Big corporations with huge CEO-to-worker pay gaps pay extra to the city

San Francisco Democrats want to drastically raise taxes of large companies A new ballot measure has been introduced dubbed The “CEO Tax” Taxes will be increased as much as 800-900%+ This is insanity. Here’s what Democrats are trying to do The “CEO Tax” (Overpaid CEO Tax or Top Executive Pay Tax) in San Francisco - It’s not a direct tax on CEOs personally, it’s an extra tax on the company based on its gross It targets very large companies only: - Over $1 billion in annual revenue. - More than 1,000 employees. - CEO or top executive paid 100 times or more than the median typical worker’s pay Here’s what it will do - Make the tax much higher, rates jump significantly roughly 800-900% increase in some cases - Calculate the pay gap using all employees worldwide, not just those in San Francisco, this makes it easier to trigger the tax (AND SUCH A SCAM) It will generate $250 million per year for the city Big corporations with huge CEO-to-worker pay gaps pay extra to the city

Wall Street Apes

55,082 Aufrufe • vor 1 Monat

California Governor candidate Chad Bianco says if he wins, he can easily eliminate the state income tax and move to a flat tax system - California has a 13.3%, the highest in the country - On day one “I just said we're completely eliminating the tax code and we're just going to go to a 5% flat tax, everybody's going to pay 5% flat tax” - The revenue that would be generated from that is only $30 billion less than what California gets now - California spends $30 billion per year on illegal immigrants to keep them in the state “So you stop that. Now we don't have to do anything.” So to recap - End the income tax - Switch to 5% flat tax - End benefits for illegals Easy and Americans get to keep way more of their money. Vote for Chad Bianco

California Governor candidate Chad Bianco says if he wins, he can easily eliminate the state income tax and move to a flat tax system - California has a 13.3%, the highest in the country - On day one “I just said we're completely eliminating the tax code and we're just going to go to a 5% flat tax, everybody's going to pay 5% flat tax” - The revenue that would be generated from that is only $30 billion less than what California gets now - California spends $30 billion per year on illegal immigrants to keep them in the state “So you stop that. Now we don't have to do anything.” So to recap - End the income tax - Switch to 5% flat tax - End benefits for illegals Easy and Americans get to keep way more of their money. Vote for Chad Bianco

Wall Street Apes

62,532 Aufrufe • vor 2 Monaten

.President Donald J. Trump never stops working for the American people. He delivered strong economic growth last year, and this year will be even better as more of his policies take full effect. Prices are coming down, mortgage rates are moving lower, consumer confidence is surpassing expectations, and tax cuts are delivering real relief. In fact, as the Acting IRSnews Commissioner, I can attest that nearly half of incoming tax returns include at least one of his signature policies: No Tax on Tips, No Tax on Overtime, No Tax on Social Security, and deductibility for auto loans. If Democrats want to attempt to run on “the economy” this November – bring it on.

.President Donald J. Trump never stops working for the American people. He delivered strong economic growth last year, and this year will be even better as more of his policies take full effect. Prices are coming down, mortgage rates are moving lower, consumer confidence is surpassing expectations, and tax cuts are delivering real relief. In fact, as the Acting IRSnews Commissioner, I can attest that nearly half of incoming tax returns include at least one of his signature policies: No Tax on Tips, No Tax on Overtime, No Tax on Social Security, and deductibility for auto loans. If Democrats want to attempt to run on “the economy” this November – bring it on.

Treasury Secretary Scott Bessent

136,685 Aufrufe • vor 4 Monaten

GERMANY MOVES TO TAX LONG-TERM BITCOIN GAINS. 🇩🇪 As of now, Germans pay no capital gains tax on crypto held for more than one year. Under a new budget proposal, Germany wants to change that. Crypto profits would be taxed like stocks, meaning gains would be subject to a flat capital gains tax regardless of how long the assets were held. The government says the change could raise around €2 billion per year, and calls it “modernization.”

GERMANY MOVES TO TAX LONG-TERM BITCOIN GAINS. 🇩🇪 As of now, Germans pay no capital gains tax on crypto held for more than one year. Under a new budget proposal, Germany wants to change that. Crypto profits would be taxed like stocks, meaning gains would be subject to a flat capital gains tax regardless of how long the assets were held. The government says the change could raise around €2 billion per year, and calls it “modernization.”

CryptoGoos

34,641 Aufrufe • vor 11 Tagen

'Do you expect councils to be charging 5% a year every year going forward?' On #BBCBreakfast Chancellor Rachel Reeves was asked about a warning from the Institute for Fiscal Studies that council tax will increase to fund some of the spending announced by Chancellor Rachel Reeves

'Do you expect councils to be charging 5% a year every year going forward?' On #BBCBreakfast Chancellor Rachel Reeves was asked about a warning from the Institute for Fiscal Studies that council tax will increase to fund some of the spending announced by Chancellor Rachel Reeves

BBC Breakfast

46,011 Aufrufe • vor 1 Jahr