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Questions tagged [taxes]

Taxation consists of mandatory payments from taxpayers to the state.

-4 votes
3 answers
305 views

Why doesn't the US consider nationalization as an alternative to raising taxes? [closed]

In the US, the mere discussion of raising taxes by politicians is considered political suicide. Yet, nationalizing infrastructure and industries as an alternative is rarely, if ever, discussed as an ...
ATL_DEV's user avatar
  • 255
5 votes
1 answer
2k views

Why exempt gold bullion coins from capital gains tax?

Some countries (such as the UK) do not charge capital gains tax on profits earned from buying and selling gold bullion coins. Out of every taxed profit earning commodity, why exempt gold in the shape ...
HanMah's user avatar
  • 1,279
3 votes
1 answer
192 views

What's the point of preventing high-earning taxpayers from using CalFile (tax preparation program/service of the California Franchise Tax Board)?

I read that CalFile (tax preparation program/service of the California Franchise Tax Board) does not accept taxpayers with an income above some threshold. Why banning them from using CalFile?
Franck Dernoncourt's user avatar
2 votes
2 answers
324 views

Why don't Conservatives in Washington state try to bar payroll taxes?

I read on https://apnews.com/article/initiatives-approved-washington-police-pursuit-income-tax-e5a904bf714083611b67698293c4772b: SEATTLE (AP) — Three conservative-backed initiatives that would [do x, ...
Franck Dernoncourt's user avatar
-8 votes
3 answers
404 views

Why is it considered okay for income level to affect tax rate but not the right to have children?

Some rights declared in the Universal Declaration of Human Rights are routinely limited by law: Right to liberty, access to public service, rest and leisure, to freely participate in the cultural ...
Greendrake's user avatar
  • 2,359
5 votes
2 answers
159 views

What happens if a bill passes the House with a provision that sunsets before the Senate hears it?

The House passed HR 7024 today (Jan. 31st) which has a provision that expires a tax credit today - on the 31st. Since the Senate has not received the Bill, what happens to the date that has now passed?...
Craig Pisaris-Henderson's user avatar
2 votes
2 answers
289 views

Do any jurisdictions allow you to "buy out" your property tax?

Many jurisdictions around the world have a property tax that is paid yearly on real estate. Do any jurisdictions have a system where all future property taxes for a property can be bought out for a ...
Eric Johnson's user avatar
6 votes
3 answers
198 views

Why there seem to be no strict rules related to non-profit organization "overhead" in the US?

According to Investopedia, an organization can benefit from the non-profit tax status if it satisfies several conditions: have a purpose within a designated list an annual exemption form must be ...
Alexei's user avatar
  • 53.4k
0 votes
2 answers
101 views

UK budget and the financial services industry

A few days ago the BBC reported https://www.bbc.co.uk/news/business-66897881 on the disastrous mini budget of the Kwarteng/Truss era, and included this: Economically, the UK has long enjoyed a ...
Mark Morgan Lloyd's user avatar
-4 votes
4 answers
610 views

Why does no one stand up to protest the strike of Canadian federal officers who are earning about 45% more than average Canadian workers? [closed]

Considering the economic down-trend, most highly educated individuals struggle to find a job. The Canadian federal officiers have the above-average pay, above-average benefits, above average stability,...
dodo's user avatar
  • 331
23 votes
11 answers
6k views

Why do governments provide a tax discount for married couples who don't have children?

It's perfectly clear to me why the government would provide tax discounts for having children: today's kids are future taxpayers and society wants to incentivize having more of them when birth rates ...
JonathanReez's user avatar
  • 51.1k
4 votes
0 answers
82 views

Why doesn't South Korea have a tax treaty with the United States?

https://www.irs.gov/businesses/international-businesses/united-states-income-tax-treaties-a-to-z The United States has tax treaties with a number of foreign countries. Under these treaties, residents ...
Sayaman's user avatar
  • 44.3k
17 votes
1 answer
4k views

Total tax burden on the average American and how has it changed over the years

It is easy to find information on the average amount Americans pay in Federal taxes. It is little more difficult to find out state and local taxes. But we also have a plethora of other taxes, property ...
Jim's user avatar
  • 552
-6 votes
1 answer
180 views

How can citizens have a vote when it comes to the deficit spending and paying it back since it is our money? [closed]

How can citizens vote on deficit spending and paying back when it comes to government programs? Including who pays more taxes and where that money goes.
americancitizen's user avatar
26 votes
4 answers
8k views

Why is there dog tax but no cat tax in Germany?

I believe the most two popular pets one can have are either a dog or a cat. In Germany, one must pay for tax when owning a dog (Hundesteuer). However a similar tax doesn't exist for cats, why?
Cathartic Encephalopathy's user avatar

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