Questions tagged [taxes]
Taxation consists of mandatory payments from taxpayers to the state.
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How do states with no state income tax like Florida or Texas generate tax revenue?
How do states with no state income tax like Florida or Texas generate tax revenue? Do they have higher property tax or sales tax?
I compared their property and sales taxes with other states with ...
user38056
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Arguments for and against forcing religious organizations to pay taxes (United States) [closed]
In the United States, currently, religious organizations are not required to pay taxes
The first amendment doesn’t prevent religious organizations from paying taxes, link https://www....
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How does one determine the source of funds (money) for a government expenditure?
When a government decides to spend money, they have 3 primary choices (please correct me if I'm mistaken):
Spend money they already have (from taxes)
Borrow money (from people/organizations within ...
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Are there indications that the French government considered a carbon fee-and-dividend to assuage the yellow vests?
A key reason for the yellow vest protests was that poorer households would have been proportionally more impacted by the proposed fuel tax increases. Carbon taxes are generally regressive, i.e. impose ...
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What prevents a government from taxing its citizens living abroad?
South Africa recently introduced new legislation that means many citizens working abroad that were previously exempt from paying income tax are now required to do so. It is also common knowledge that ...
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Why was the "1040 capital losses" cap at $3000 not increased for 40 years?
I posted a question about that on the law stack exchange and learned that the $3000 figure became so in 1978.
Originally, my question was two parts: (1) When was the $3000 limit first imposed, and (2) ...
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How would one justify public funding for non-STEM (or unprofitable) college majors to a non college educated taxpayer?
I'm curious what kind of arguments one could give to justify to someone without a college education that they would have to pay for someone else's education that they themselves never received.
With ...
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Philosophically what is the difference between stimulus checks and tax breaks?
For example, Republicans are for tax cuts, and Democrats are against them. On the other hand, Democrats are for stimulus checks and Republicans against.
But the net effect of both seems to be the same,...
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Is it economically viable to replace property taxes and consumption taxes with local income taxes? What are the downsides of such a proposal?
In the United States, most counties and cities levy property taxes and consumption taxes to fund local budgets.
Consumption taxes are regressive, and property taxes can be burdensome on senior ...
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What does it mean when something is said to be "owned by taxpayers"?
There are 470,000 results on Google Search for "owned by taxpayers". Some excerpts:
RBS remains 62% owned by taxpayers after a 45 billion pound bailout in the 2008 financial crisis.
(...
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Is any government considering taxing remote work more than "regular" work?
Deutsche Bank proposed a 5% tax for remote work as remote workers enjoy several benefits such as more safety (e.g. from COVID), reduced costs due to less traveling and less socializing.
A research ...
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Why is active income taxed more than passive income?
In the United States, ordinary wage income is taxed at a much higher rate than capital gains. It changes from year to year but in general the maximum bracket is 35% vs 25%.
This is counter intuitive ...
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What advantages does a super PAC enjoy compared to other corporations/nonprofits, especially 501(c)(4)s?
Sorry if this has already been addressed:
If I understand correctly, US corporations can make unlimited independent expenditures on US elections after Citizens United v. FEC. Again if I understand ...
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How can governments convert informal work into formal work?
In Argentina, it is estimated that about 48% of all work is informal or off-the-books work which is not reported to the government or properly taxed. This hurts the government's tax revenue and can ...
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Can a reduction of employer taxation lead to more equal income?
In Argentina, it's usually said that the economic burden on employers is very heavy (just an example). So much so that, if it were lifted, more people would become employed, but I don't quite ...
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