Tax laws

The bias built into tax laws that puts labor income at a disadvantage

Copyright 2021 NPR. To learn more, visit https://www.npr.org. MICHEL MARTIN, ANIMATOR: You’ve probably heard of this Senate Democrats’ proposal to tax certain billionaire assets to help pay for President Biden’s spending plan. You’ve probably also heard that this was one of the ideas that was not in the compromise announced on Thursday. It was removed […]

Tax laws

The bias built into tax laws that disadvantages income from labor

NPRSaturday, October 30, 2021 Update RequiredTo play audio, update browser or Flash plugin. Copyright 2021 NPR. To see more, visit https://www.npr.org. NPR’s Michel Martin talks with tax law professor and author of The Whiteness of Wealth Dorothy Brown about her thoughts on the Democrats’ proposed billionaire tax. Transcript MICHEL MARTIN, HOST: You probably heard about […]

Tax laws

The bias built into tax laws that disadvantages labor income: NPR

Michel Martin from NPR speaks with a professor of tax law and author of The whiteness of wealth Dorothy Brown on her thoughts on the Democrats’ proposed billionaire tax. MICHEL MARTIN, ANIMATOR: You’ve probably heard of this Senate Democrats’ proposal to tax certain billionaire assets to help pay for President Biden’s spending plan. You’ve probably […]

Tax laws

No change in Congress after all?

For almost a year, various proposals and so-called “frameworks” have been debated in Congress regarding changes to federal inheritance and gift laws. Almost all would have (i) reduced the amount that individuals could give during their lifetime or bequeath on death before the application of taxes on federal transfers, (ii) eliminated the so-called “hike” base […]

Tax laws

Slovenian Ministry of Finance Seeks Public Opinion on Crypto Tax Laws

Slovenia’s finance ministry has reportedly requested a public consultation on a bill to tax cryptocurrency investments, according to local reports. The ministry’s intention to assess investor sentiment comes nearly a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If enacted under the Slovenian Income Tax Law, […]

Tax deductions

Lesser Known Tax Deductions You Can Claim When Filing the RTI

Even if the filing deadline for income tax returns (ITRs) for the current tax year is more than two months away, it is advisable to start the process now. Among the many reasons, filing an ITR in advance will give you ample time to assess all the deductions, large and small, that you may be […]

Tax regulations

Indonesia updates tax regulations on ID numbers, mobile credit and luxury sales tax

Indonesia’s tax scene continues to grow Unique identification number and / or tax identification number in public services To support the implementation of public services to citizens in the realization of their fundamental rights and needs, on September 9, 2021, the President of the Republic of Indonesia issued and implemented Presidential Decree No. 83 of […]

Tax code

Lawmakers could pay for reconciliation while improving tax code

With rate hikes from businesses and individuals potentially out of the Build Back Better (BBB) ​​reconciliation package, lawmakers are evaluating alternative options to increase revenue. Rather than proposing complicated changes to the tax base or untested proposals such as market valuation for billionaires, they should prioritize options that increase revenue while improving the structure of […]