Claims tagged with "Taxation"

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The investigation concluded that Couzens owed $11 million in taxes (though a Board of Tax Appeals created by Mellon himself would later conclude that Couzens was actually owed a $900,000 refund). 0.900

👤 The author 📋 News Article 🏷️ Finance , Taxation

Simplified: Investigation concluded Couzens owed $11 million in taxes. Board of Tax Appeals later concluded Couzens was owed $900000 refund.

1 sources

1 day ago
we call on world governments to tax multi-millionaires and billionaires. 0.900

👤 The author 📋 Blog Post 🏷️ Taxation , Wealth , Economics , Politics

Simplified: World governments should tax multi-millionaires and billionaires

1 sources

1 day ago
Oxfam is demanding wide-ranging increases in taxation of the super-rich, and we call on world governments to tax multi-millionaires and billionaires. 0.900

👤 Oxfam 📋 Blog Post 🏷️ Taxation , Wealth , Economics , Politics

Simplified: Oxfam demands increases in taxation of super-rich

1 sources

1 day ago
Trump wants to use his power over the world’s largest economy to slash taxes for the ultra-rich and mega-corporations, at the expense of the rest of us. 0.700

👤 The author 📋 Blog Post 🏷️ Politics , Economics , Taxation

Simplified: Trump wants to slash taxes for ultra-rich and mega-corporations

1 sources

1 day ago
Oxfam’s analysis shows that two-thirds of countries don’t tax inheritance to direct descendants at all. 0.900

👤 Oxfam 📋 Blog Post 🏷️ Taxation , Inheritance , Economics , Statistics

Simplified: Oxfam's analysis shows two-thirds of countries don't tax inheritance to direct descendants

1 sources

1 day ago
Half the world’s billionaires live in countries with no inheritance tax on the money they will give to their children when they die. 0.900

👤 The author 📋 Blog Post 🏷️ Wealth , Economics , Statistics , Taxation

Simplified: Half the world's billionaires live in countries with no inheritance tax

1 sources

1 day ago
Every single penny of additional money President Bush got from that investment, his gain, came from the taxpayers. 0.800

👤 David Cay Johnston 📋 Interview 🏷️ Finance , Taxation

Simplified: Every penny of President Bush's gain came from taxpayers.

1 sources

1 day ago
President Bush therefore shorted the government $3.4 million. 0.800

👤 David Cay Johnston 📋 Interview 🏷️ Government , Finance , Taxation

Simplified: President Bush shorted the government $3.4 million.

1 sources

1 day ago
They held a special election in January of the year in question to increase the sales tax in the town of Arlington, Texas, by one half-cent. 0.900

👤 David Cay Johnston 📋 Interview 🏷️ Government , Finance , Taxation

Simplified: A special election increased sales tax in Arlington Texas by one half-cent.

1 sources

1 day ago
President Bush, who will go down in history as the great tax cutter, owes almost all of his fortune to a tax increase that was funneled into his pocket. 0.800

👤 David Cay Johnston 📋 Interview 🏷️ Government , Finance , Taxation

Simplified: President Bush owes almost all his fortune to a tax increase.

1 sources

1 day ago
And because of the way a tax deduction works (its value increases as you move up in the tax brackets), permitting deductible funds to be used for campaign speech would greatly magnify the speech of th... 0.900

👤 Benjamin Leff 📋 Opinion Article 🏷️ Finance , Taxation , Politics

Simplified: Deductible funds for campaign speech magnify the speech of wealthiest taxpayers.

1 sources

1 day ago
Unless the I.R.S. specifies what “internal” means, I fear the loophole will get wider and wider. 0.900

👤 Benjamin Leff 📋 Opinion Article 🏷️ Government , Taxation

Simplified: The IRS must specify what 'internal' means or the loophole will widen.

1 sources

1 day ago