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#tax

32 posts29 participants1 post today

Inspector General Probes Whether Trump, DOGE Sought Private Taxpayer Information or Sensitive IRS Material

The request, spelled out in an email obtained by ProPublica, comes amid concerns that DOGE has overstepped its bounds in seeking highly restricted private information about taxpayers, public employees or federal agencies.

propublica.org/article/trump-d

ProPublicaInspector General Probes Whether Trump, DOGE Sought Private Taxpayer Information or Sensitive IRS Material
More from ProPublica
#News#DOGE#Trump

Wouldn't it be great if instead of looking for new powers to surveil & punish the small number of benefits fraudsters, the Govt. sought such measures to deal with tax evaders - but oh no, once again a 'difficult decision' has been made to focus on the poor & vulnerable while the rich run rings round the tax authorities....

Every week I become less resistant to the acronym LINO (Labour in Name Only).

#benefits #tax

theguardian.com/politics/2025/

The Guardian · Starmer faces Labour revolt over plan to raid bank accounts of benefit claimantsBy Daniel Boffey

A senior Goldman Sachs' banker, Richard Gnodde, is moving to Milan because he doesn't like the changes in the tax treatment of non doms...

Well, frankly one less rentier trying to skew the politics of the country in the interest of the financial services industry & their rich clients, sounds like a small bit of positive news to me!

May more bankers who think tax is merely for the 'small people' leave in his wake - good riddance to them!

#tax #FinancialSector

h/t FT

A stoppage is where a canal is impassable because something broke, burst or breached.

Some stoppages you can see coming. It's a gamble for Canal & River Trust: fix now or postpone? (See photo ALT text for examples.)

The UK's 1790s canals transported heavy or fragile goods. Now, canals mean leisure, recreation, fitness, mental health, beauty, waterside property value (tax), wildlife, eco-diversity, tourism.

Tariffs are a TAX on the POOR!

The Nazi Regime is STEALING $3,800 per year from everyone!

The bottom 10 percent of households by income, for example, would spend 4% of their disposable income on tariffs, while the top 10 percent will only pay 1.6%.

If the tariffs bring on a recession, low-income communities will suffer the most!

During the Great Recession between 2007 and 2009, the number of people living below the poverty line increased by nearly 5 million. When layered on top of the tax cuts, program cuts, and others that have also started putting the economy into a tailspin, the bottom 20% of earners in the US are set to lose $2,030 annually, or 9% of their incomes. #Tariff #tariffs #tax #taxes #economy #recession

budgetlab.yale.edu/research/wh

The Budget Lab at YaleWhere We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2