br00t4c, to random
@br00t4c@mastodon.social avatar
ProPublica, to TikTok
@ProPublica@newsie.social avatar

Since billionaire Jeff Yass is in the news for his involvement in #TikTok and #Trump's #TruthSocial, here's our deep-dive look into the #GOP megadonor who avoided $1 billion in #taxes and poured that money into campaigns to cut taxes and support #election deniers.

https://www.propublica.org/article/jeff-yass-susquehanna-tiktok-tax-avoidance

Nonilex, to Law
@Nonilex@masto.ai avatar

Now that’s some serious bullshit

#Trump Can Post Smaller #Bond in #Civil #Fraud Case, Court Rules

Trump must post a bond of $175M within 10 days as he appeals the >$454M judgment against him.

#NYAG #TrumpOrganization #law #Privilege #SpecialTreatment #Justice
https://www.nytimes.com/2024/03/25/nyregion/trump-bond-reduced.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb

Nonilex,
@Nonilex@masto.ai avatar

@LexiGirl

There’s speculation that the appellate court is signaling that they may reduce the disgorgement amount. Which they should not. #Trump has been benefiting from this #fraud for decades & not paying the correct amount in taxes for both #NY state & federal #taxes by lying about the values of his assets.

@pmonks @cynblogger

atomicpoet, to random
@atomicpoet@atomicpoet.org avatar

I’m convinced that people don’t dislike AI so much as they dislike AI + The Cloud.

Gamers have been running what is now known as “AI” on their local PCs for a long, long time. It’s partially why Nvidia has become the number one manufacturer for AI cards. Nobody batted an eye until The Cloud became the go-to manner for accessing LLMs and image generation.

And to be honest, The Cloud sucks for AI. It’s a lot of work for terrible results—often censored to fulfil corporate goals as well.

In fact, I’m convinced that all this fear-mongering over AI is an attempt to make it illegal for us to run it on our desktops.

Why, if we did that, civilization would end! It’s better to give Open AI your money so that no one haphazardly triggers the apocalypse.

HistoPol,
@HistoPol@mastodon.social avatar

@jornane

#Taxes #AI

So, how did it go?

"The Dutch tax authorities used AI to identify fraud. It went exactly how you'd expect it'd go..."

@atomicpoet

br00t4c, to random
@br00t4c@mastodon.social avatar
thejapantimes, to Japan
@thejapantimes@mastodon.social avatar

Former Vissel Kobe star Andres Iniesta and two other foreign soccer players have been accused of failing to declare income totaling over ¥2.1 billion. https://www.japantimes.co.jp/news/2024/03/22/japan/foreign-soccer-players-fail-to-declare-income/ #japan #taxes #osaka #jleague

thejapantimes, to Japan
@thejapantimes@mastodon.social avatar

The director of a medical cosmetic clinic in Tokyo failed to report some ¥1 billion ($6.6 million) of income in 2022 that was originally a subsidy for COVID-19 tests, an investigation by the tax authorities showed. https://www.japantimes.co.jp/news/2024/03/21/japan/crime-legal/tokyo-clinic-covid-19-subsidy/ #japan #crimelegal #taxes #tokyo #covid19

dorkboycomics, to comics

Finished my taxes!

mariatta, to Canada
@mariatta@fosstodon.org avatar

By any chance does any other Canadian people working from home can share example of how they had the T2200 form filled in for tax year 2023?

My previous employer (ahem GOOG cough cough) said I should fill it in myself first, and then ask my previous manager to review and verify. Only then they will put in the final signature on the form 😵‍💫

Is this how it works with you too?
#canada #wfh #taxes #cra

veronica, to Norway
@veronica@mastodon.online avatar

Wow, the processing of tax returns in Norway is getting really fast. I submitted my tax form on Friday, and got my refund in my bank account this morning. I even made changes for work-related travel reimbursements.

This stuff used to take months.

#Taxes #TaxReturns #Norway

cs, to politics
@cs@mastodon.sdf.org avatar

Why America won’t tax the #rich | Think
Krys Boyd speaks with Michael J. Graetz, professor emeritus at Columbia Law School and Yale Law School on the history of how the modern anti-tax movement has embedded itself with conservative movement, including how it aligned w the Christian evangelical movement.
#Taxes #politics #billionaires

https://think.kera.org/2024/03/18/why-america-wont-tax-the-rich/

br00t4c, to random
@br00t4c@mastodon.social avatar

An Oregon Bill to Cut Millions in Timber Taxes Is Dead, Despite Backing by the Industry, the Governor and a Top Lawmaker

#state #taxes

https://www.propublica.org/article/oregon-bill-to-cut-millions-in-timber-taxes-is-dead

lambdageek, to ADHD
@lambdageek@mastodon.social avatar

Took a day off to do taxes.

Doing a bunch of other chores and procrastinating on taxes.

Also: it's ridiculous that I need to devote time to doing taxes.

#chores #adulting #taxes #UStax #incometax #adhd #procrastination

BigAngBlack, (edited ) to random
@BigAngBlack@fosstodon.org avatar

The #IRS is releasing a #TurboTax alternative, and you can try it now | TechRadar

https://www.techradar.com/pro/the-irs-is-releasing-a-turbotax-alternative-and-you-can-try-it-now

> Millions of Americans can now access free tax returns

''Currently, eligible citizens in California, Arizona, Florida, Massachusetts, New Hampshire, Nevada, New York, South Dakota, Tennessee, Texas, Washington and Wyoming can use Direct File''

#taxes
#TaxReturns
#TaxSeason

dworkin, to random
@dworkin@mstdn.social avatar
HistoPol, (edited )
@HistoPol@mastodon.social avatar

@dworkin

:

@DarrigoMelanie
If your job requires a college
degree, you should be able to
write-off your student loan
payments as a business
expense the way CEOs write
off their private jets and
yachts for their jobs which require neither."

Fun fact is, in more social-democratic countries like , yes, you can, courtesy of the Federal Finance Court (.)

br00t4c, to tesla
@br00t4c@mastodon.social avatar

Companies paid top executives more than they paid in US taxes - report

#taxes #tesla

https://www.theguardian.com/business/2024/mar/13/top-us-executives-salaries-versus-tax-payments

br00t4c, to random
@br00t4c@mastodon.social avatar

America's Largest Companies Paid Top Executives More Than They Paid In Taxes: Report

#corporatetax #taxes

https://www.huffpost.com/entry/executive-bonus-corporate-tax-dodgers_n_65f0b3dbe4b0bd5228d5d702

erin, to Canada

This week’s topic in How to do your Canadian taxes is about multiple payee’s (or employers)..

If you are receiving multiple sources of income, your primary source of income should typically be the only one accounting for your personal amount deductions. Make sure secondary payee’s, (ex: CPP, OAS, or 2nd employment) are not also claiming these amounts for you through payroll or it’ll increase your tax owing at the end of the year.

Check on your grandparents..

#CRA #Canada #Taxes

br00t4c, to random
@br00t4c@mastodon.social avatar

President Biden's Budget Proposes a National Paid Family Leave Program

#biden #taxes

https://truthout.org/articles/president-bidens-budget-proposes-a-national-paid-family-leave-program/

br00t4c, to random
@br00t4c@mastodon.social avatar

Everything you need to know about filing taxes for the first time

#taxes

https://www.vox.com/even-better/24090235/first-time-tax-filing-us-irs-questions-answers

Nonilex, to geopolitics
@Nonilex@masto.ai avatar

#Biden calls for broad new #SocialPrograms, higher #taxes on #corporations & the #wealthy

#POTUS Biden on Mon called for major new spending initiatives to lower costs for #healthcare, #ChildCare & #housing & enough new taxes on the wealthy & major corporations to pay for those proposals & also shave $3 trillion off the #NationalDebt over the next decade.

#EconomicPolicy #economy #law
https://www.washingtonpost.com/business/2024/03/11/biden-budget-campaign-taxes/

thejapantimes, to worldnews
@thejapantimes@mastodon.social avatar

Keynes, the economist, predicted that technological advances would remove the need for work, ushering in an age of abundance and leisure. He was way off the mark. https://www.japantimes.co.jp/commentary/2024/03/10/world/keynes-grandchildren-prediction-wrong/ #commentary #worldnews #globaleconomy #gdp #jobs #taxes #us

Nonilex, to tesla
@Nonilex@masto.ai avatar

After making billions in donations to his philanthropy, the owner of & SpaceX gave away far less than required in some yrs— & what he did give often supported his .

Before Mar 2021, ’s charitable foundation never announced any donations to CameronCounty, an impoverished region at the southern tip of TX that is home to his launch site & local ofcls who help regulate it.

https://www.nytimes.com/2024/03/10/us/elon-musk-charity.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb

Nonilex,
@Nonilex@masto.ai avatar

“Kindness & eagerness to learn (& parents that worked at #SpaceX) were the only criteria for admission,” wrote Joshua Dahn, the initial head of the school.

#AdAstra later moved to SpaceX’s Hawthorne, CA, headquarters & grew to >50 students. About ½ were related to SpaceX employees, Dahn said in an email. Dahn’s contract even said that the #IntellectualProperty he developed at the school would be ½ owned by #ElonMusk personally….

#fraud #taxes #cheat #law

grrlscientist, to random
@grrlscientist@mstdn.social avatar

#Billionaires Hate This One Weird Trick: Taxing Them

Sure, #WealthTaxes are not a panacea for the ruinous problems caused by capitalism, but the fact that the rich hate them is a good reason to pursue them further

#taxes https://jacobin.com/2024/03/billionaire-global-wealth-tax-proposal-brazil/

qkslvrwolf, to Massachusetts
@qkslvrwolf@mastodon.social avatar

Is anyone gonna try this? https://directfile.irs.gov/state

Our taxes are unfortunately a bit complicated, so kinda afraid to, but I really wanna hear reviews.

#taxes #massachusetts

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