Tax

A tax' is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. The first known taxation took place in Ancient Egypt around 3000–2800 BC. Most countries have a tax system in place to pay for public, common or agreed national needs and government functions. Some levy a flat percentage rate of taxation on personal annual income, but most scale taxes based on annual income amounts. Most countries charge a tax on an individual's income as well as on corporate income. Countries or subunits often also impose wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, payroll taxes or tariffs.

https://en.wikipedia.org/wiki/Tax

Analysis | The Health 202: Health insurers and device makers are fighting Obamacare taxes — again

Here’s the main culprit of last year’s accelerating spending on health care: An Obamacare tax on...

discovered 3 months ago on Washington Post
Six Top Tech Companies Weaseled Their Way Out of $100 Billion in Taxes, Study Finds

Tech companies don’t pay their taxes. Together, Amazon, Facebook, Google, Netflix, Apple, and...

discovered 3 months ago on Gizmodo
Democratic governor, GOP lawmakers keep clashing over taxes

TOPEKA, Kan. (AP) — Democratic Gov. Laura Kelly and Republican legislators are headed toward another...

discovered 3 months ago on Associated Press
U.S. Needs to Raise Taxes to Fight Poverty, Nobel Laureate Says

The U.S. needs to raise taxes considerably if it’s going to tackle poverty, according to Abhijit...

discovered 3 months ago on Bloomberg
Biden's plan would raise taxes from US companies that pay little

Democratic presidential candidate Joe Biden would use taxes on the wealthy and corporations to pay...

discovered 3 months ago on CNBC
When are business taxes due? Your complete calendar

When are business taxes due?

discovered 3 months ago on MSN News
Man Loses Home After Failing To Pay $8.41 In Property Taxes

Rafaeli bought a 1,500-square-foot Southfield home in 2011. Rafaeli believed that he was paying his...

discovered 3 months ago on Forbes
The Secret to America’s Low, Low Taxes

The latest tax numbers are out from the Organization for Economic Cooperation and Development, and they show that U.S. taxes in 2018 were again among the...

discovered 3 months ago on Bloomberg
Why raising taxes on the rich isn’t so crazy

Inequality has gotten so far out of hand that it’s become a drag on U.S. growth. That’s why some Democrats, both moderate and on the left, are proposing...

discovered 3 months ago on Market Watch
Silicon Valley giants accused of avoiding over $100 billion in taxes over the last decade

Six of Silicon Valley's biggest companies had a combined "tax gap" of more than $100 billion this...

discovered 4 months ago on CNBC
What Tax Credits Do I Qualify For?

Tax season is around the corner, and if you want to reduce how much you pay the government, you need to understand which tax credits you can claim. Known as refundable credits, they will result ...

discovered 4 months ago on U.S.News & World Report via Yahoo News
Turkish Tourism Sector Faces Pressure Due to Higher Costs, New Taxes

Turkey's tourism industry, a key pillar of the economy, could struggle to reach visitor and revenue...

discovered 4 months ago on US News & World Report
5 hidden ways to boost your tax refund

While Americans may disagree on how their taxes are spent, at tax time, most of us are looking for ways to pay no more than we owe, or even boost our tax...

discovered 4 months ago on AOL
What taxes will I owe when I sell my home and move to South Carolina?

When a New Jersey resident sells a home, there are income tax implications - which may include the...

discovered 4 months ago on The Express-Times
Energy activity spurs jump in Wyoming tax collections

“Even with the two consecutive fiscal years of increases, the amount of total sales and use taxes...

discovered 4 months ago on Casper Star-Tribune
Most taxation on the very wealthy is essentially voluntary. That must change.

As my colleagues at the Center on Budget and Policy Priorities, Chuck Marr, Samantha Jacoby and...

discovered 4 months ago on Napa Valley Register
Raise taxes to combat vaping epidemic? Probably not in Missouri

Unlike leaders in other states who are trying to tackle an epidemic of youth vaping by raising taxes...

discovered 4 months ago on St. Louis Post-Dispatch
Giving Tuesday: How to donate to charity directly from your retirement account and save on taxes

“Instead, it’s sometimes better to give appreciated stock or bonds, because if you itemize, you...

discovered 4 months ago on Philly.com
Labour's spending splurge WOULD mean tax rises for workers, says IFS

Labour's massive manifesto spending splurge would mean higher taxes for 'many millions' of ordinary...

discovered 4 months ago on Daily Mail
Government says no proposal to reduce taxes on petrol, diesel - Times of India

NEW DELHI: The government on Monday said there is no proposal to reduce taxes on petrol and diesel....

discovered 4 months ago on The Times of India
Property taxes in NY: These communities pay the most compared to home values

New Yorkers might think the wealthy enclaves on Long Island and Westchester County pay the highest ...

discovered 4 months ago on The Journal News
Who Is Exempt From Social Security Taxes?

Read on to see if you’re exempt from Social Security taxes, and what not paying them can mean for your future retirement. How Much Are Social Security ...

discovered 4 months ago on SmartAsset via Yahoo Finance
California Just Jacked Up Weed Taxes. The Black Market Could Cash In

Already home to some of the most expensive, heavily-taxed legal cannabis in the United States,...

discovered 4 months ago on Vice
Technology Has Made Paying Business Taxes Easier Around the World, Joint PwC-World Bank Report Shows

LONDON, Nov. 25, 2019 /PRNewswire/ -- Economies around the world have made it substantially easier...

discovered 4 months ago on PR Newswire via Yahoo Finance
Estate Taxes Could Hit the Not-So-Wealthy

Democratic presidential candidates Elizabeth Warren and Bernie Sanders have unveiled ambitious plans to fund universal health care and other programs by...

discovered 4 months ago on Kiplinger.com
If You Can’t Have Wealth Taxes, You Don’t Have a Country

A cosmopolitan elite is eroding the integrity of America’s borders and the sovereignty of its...

discovered 4 months ago on New York Magazine
The 20 states with the highest and lowest property taxes

Property taxes can vary significantly depending on where you live.

discovered 4 months ago on MSN News
Sajid Javid pledges to cut taxes at every single budget

Sajid Javid pledged to cut taxes at every Budget yesterday – as he warned Labour would introduce 12...

discovered 4 months ago on Daily Mail
Unpacking proposed property taxes in Kasson

Property taxes are determined by several factors, including the estimated market value of a home, as well as proposed levies from the city, county and...

discovered 4 months ago on KAAL Austin
“Should federal taxes be increased?”

Economists, who started as generally supportive of the tax cut experiment, have seen enough. By 2017, only 2% of the University of Chicago's Economics...

discovered 4 months ago on Tri-City Herald
California boosts pot taxes, shocking unsteady industry

In this Jan. 4, 2018, file photo, customers line up inside the Harborside cannabis dispensary in...

discovered 4 months ago on WATE 6 Knoxville
STEVE SEBELIUS: The questions about school taxes

In 1994, voters split their vote on a school construction bond, passing one part easily but narrowly defeating a second part. In 2008, an advisory question called for raising hotel room < ...

discovered 4 months ago on Las Vegas Review-Journal
Expert advice to help small businesses manage payroll taxes

Expert advice on payroll taxes

discovered 4 months ago on MSN News
Here’s the formula for paying no federal income taxes on $100,000 a year

The question of how much can we earn without paying federal income taxes is relatively easy to...

discovered 4 months ago on Market Watch
Six proposed sales tax districts in Lafayette could allow increased taxes without vote

Lafayette’s residents could see higher sales taxes in parts of the city pending the approval of six...

discovered 4 months ago on The Lafayette Daily Advertiser
Ford Foundation president praises CEOs like Benioff who have criticized capitalism

Wealth taxes proposed by presidential candidates Bernie Sanders and Elizabeth Warren have pitted the...

discovered 4 months ago on Yahoo Finance
How the 50 states tax retirees

Taxes in Retirement: How All 50 States Tax Retirees

discovered 4 months ago on MSN News
Salesforce's Marc Benioff backs higher taxes, renews critique of capitalism

Salesforce (CRM) co-CEO Marc Benioff supports higher taxes for businesses and wealthy individuals,...

discovered 4 months ago on Yahoo Finance
Labour Taxes the Rich to Fund 83 Billion-Pound Spree: U.K. Votes

These include a financial transaction tax; a hike in corporation tax; a windfall tax on oil...

discovered 4 months ago on Bloomberg via Yahoo News
Poll: Majority of voters say they would pay more taxes for universal health coverage

A majority of voters say they would pay more taxes if it meant that all Americans would receive...

discovered 4 months ago on The Hill
November Democratic debate: Candidates spar over health care, taxes, corruption at Atlanta event

Health care, taxes and corruption are just some of the issues that 10 presidential candidates...

discovered 4 months ago on FOX30 / CBS47 Jacksonville
Democratic Candidates Unite Against Trump, Divide on Taxes, Health Care

Ten leading Democratic presidential candidates opened the party’s fifth debate criticizing President...

discovered 4 months ago on The Wall Street Journal
Ahead of 5th 2020 debate, majority Americans say they'll pay higher taxes to ensure everyone...

According to the latest Hill-Harris X poll, 55 percent of registered voters polled are willing to...

discovered 4 months ago on Newsweek
Interview: Gabriel Zucman on Taxes and Inequality in America

Gabriel Zucman, a professor of economics at the University of California, Berkeley, discusses wealth...

discovered 4 months ago on Forbes
George Chapman: Promises to cut taxes usually end up increasing our taxes

In the last few years, the Utah Legislature has increased taxes for internet sales, 911 services,...

discovered 4 months ago on The Salt Lake Tribune
An Oversimplified, Misleading Argument about Inequality and Taxes

In their provocative new book, The Triumph of Injustice: How the Rich Dodge Taxes and How to Make...

discovered 4 months ago on National Review via Yahoo News
Democrats Debate as Closing Act of Impeachment Drama

Health care, wealth taxes, climate change, homelessness: Democratic candidates for president got down to issues Wednesday night, addressing concerns they...

discovered 4 months ago on US News & World Report
Taxes in Retirement: How All 50 States Tax Retirees

Moving from a pricey part of the country to one with low housing prices could also lower your expenses and make your retirement savings last longer. But...

discovered 4 months ago on Kiplinger via Yahoo Finance
Sanders: 'Your $8.99 Netflix subscription is more than the company paid in federal income taxes'

Sen. Bernie Sanders (I-Vt.) targeted Netflix in a tweet, accusing the company of paying less in...

discovered 4 months ago on MSN News
The Wealth Tax in Three Acts

The wealthiest US citizens have vast assets but little income, so income taxes struggle to reach ... [+] them. A wealth tax could ensure these very...

discovered 4 months ago on Forbes
Indiana Statehouse leaders support raising smoking age to 21

There looks to be new momentum in efforts to raise the age for tobacco use in Indiana and,...

discovered 4 months ago on The Indianapolis Star
Tax-Filing in 2020: What Is My Tax Bracket?

Here's how to determine what tax bracket you fall into and its impact on taxes owed.

discovered 4 months ago on MSN News
Tennessee families getting private school vouchers would have to report to feds as taxable income

Tennessee families who participate in Gov. Bill Lee's private school voucher program would have to...

discovered 4 months ago on Chattanooga Times Free Press
OECD: Taxes on 'Digital Companies' Are Coming

Companies like Apple, Amazon, Google and Facebook will likely have to pay more taxes in Europe and elsewhere.

discovered 4 months ago on Fortune
Brewer at the Legislature: Reduce spending, reduce taxes

There is a lot of discussion around the Nebraska Capitol about how to “balance” taxes. In Nebraska,...

discovered 4 months ago on North Platte Bulletin
13 places everyone will be flocking to for retirement in the 2020s

Retirees are flocking to Alaska, Nevada, and Colorado for low costs of living, low taxes, and low...

discovered 4 months ago on MSN News
Wealth-tax opposition is rooted in the era of American slavery, 2 economists say

Bernie Sanders and Elizabeth Warren have both put forward wealth tax plans that would hit the...

discovered 4 months ago on Business Insider via Yahoo News
Your estate plan may need updating to reflect new tax rules

So, you may be exposed to the federal estate tax in the near future, even though you’re covered...

discovered 4 months ago on Market Watch
FedEx CEO challenges NYT publisher to public debate after tax story

The package delivery firm's financial filings showed it owed no taxes in the 2018 fiscal year...

discovered 4 months ago on Reuters via Yahoo Finance
The Most Affordable Places to Retire

If you sell a home in an expensive city and buy or rent in another city with more reasonable housing costs, you may be able to boost your retirement...

discovered 4 months ago on US News & World Report
This Search Engine Uses Its Profits to Plant Trees Across the World

Meet the Berlin-based tech company that is taking on the might of Google and tackling climate change...

discovered 4 months ago on Vice
4 last-minute ways to reduce your taxes

Jeff Gonzalez, a CPA and the CFO at Los Angeles-based Electric Entertainment, says employees can ask their employers to help save taxes. "If you're due a...

discovered 4 months ago on AOL
America’s Reluctance To Tax Wealth Has Its Roots In Slavery

Billionaire Bill Gates has become a vocal opponent of wealth taxes. The notion America’s wealthiest individuals do not pay enough taxes has widespread political ...

discovered 4 months ago on Forbes
FedEx CEO challenges the New York Times to a debate after critical story

New York (CNN Business)FedEx CEO Fred Smith attacked the New York Times for its story about his...

discovered 4 months ago on CNN.com
FedEx CEO claims New York Times Co. paid no federal taxes

Firing back at the New York Times, FedEx CEO Frederick Smith claims the newspaper's parent company...

discovered 4 months ago on CBS News
LeSaint Logistics' tax incentive from EDGE questioned | Opinion

The approval of the LeSaint Logistics payment-in-lieu of taxes (PILOT) of $106,000 per job is...

discovered 4 months ago on Memphis Commercial Appeal
FedEx CEO to New York Times after tax-bill exposé: Debate me, bro!

The Times said the savings came after intense lobbying by the company — and Smith in particular —...

discovered 4 months ago on Market Watch
Richard Davis: Legislature’s tax reform proposal would harm Utahns

Not many people enjoy paying taxes. If we imagine a society without taxes, we see one without public...

discovered 4 months ago on The Salt Lake Tribune
Two Cents for Nov. 18

Wow! Building a new civic center with property taxes, and naming it after a company that pays ZERO, yes ZERO, property tax.

discovered 4 months ago on Rapid City Journal
Jamelle Bouie: Who’s afraid of Elizabeth Warren?

President Donald Trump has been good for America’s billionaires. He slashed corporate taxes, cut the top income tax rate and raised the total exemption...

discovered 4 months ago on The Salt Lake Tribune
Bloomberg, Billionaires And Boobery

If you believe that those raking in astronomical incomes should be paying higher taxes -- and Warren Buffet and I do -- that is a job for our elected...

discovered 4 months ago on The Harrisonburg Daily News-Record
Taxes set to take off at Kansas City International Airport

Work recently began on a $1.5 billion, four-year renovation at Kansas City International Airport —...

discovered 4 months ago on The Kansas City Star
MN property taxes are on the rise. These maps show where and how much.

Minnesota’s local property taxes will increase an average of about 5.9 percent in 2020 if community...

discovered 4 months ago on Pioneer Press
New Jersey says Uber owes it over $640 million in taxes and fines for misclassifying drivers as...

New Jersey is seeking more than $640 million in taxes and penalties from ride-hailing company Uber,...

discovered 4 months ago on Business Insider via Yahoo News
Nebraska Legislature panel agrees on general approach to property tax relief

The Legislature’s Revenue Committee voiced agreement on Friday that a multi-year plan to address...

discovered 4 months ago on Omaha World-Herald
Bloomberg, Billionaires and Boobery

If you believe that those raking in astronomical incomes should be paying higher taxes — and Warren Buffet and I do — that is a job for our elected...

discovered 4 months ago on Martinsville Bulletin
Excise Tax: What Is it and How Does it Affect You?

Excise taxes apply to specific goods and services. Businesses that make or sell chosen goods and services collect most of these taxes. As a consumer, you...

discovered 4 months ago on SmartAsset via Yahoo Finance
Commercial property taxes a heavy burden on small business in Canada's biggest cities

Imbalances in how commercial and residential taxes are being applied in Canada’s big cities are...

discovered 4 months ago on MSN News
Boris Johnson to promise cuts to four business taxes in major election offering to employers

Boris Johnson will promise to cut employers’ National Insurance contributions and three other taxes...

discovered 4 months ago on Daily Telegraph
Opinion | Yes, our tax system needs reform. Let’s start with this first step.

It should be indisputable that investment to make sure all citizens meet their tax obligations is...

discovered 4 months ago on Washington Post
Bernie Sanders, Elizabeth Warren call out FedEx, Trump tax cuts after company pays $0

Democratic presidential candidates, Senators Bernie Sanders and Elizabeth Warren, both blasted FedEx...

discovered 4 months ago on Newsweek
How FedEx Cut Its Tax Bill to $0

In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the Trump administration’s tax cut...

discovered 4 months ago on MSN News
Economist: Warren is right. Her Medicare for All plan won't raise taxes on the middle class

Warren's plan fully finances the program without imposing any new taxes on middle-class families,...

discovered 4 months ago on CNN.com
The Spin: Will Lightfoot notch a win before Illinois General Assembly adjourns?

We’ll know today what kind pull first-year Chicago Mayor Lori Lightfoot has in the General Assembly:...

discovered 4 months ago on MSN News
Bye-bye to Bei Bei, reverse bank robbery, squirrel survey: News from around our 50 states

Montgomery: The Poarch Band of Creek Indians is offering to pay the state $225 million for the...

discovered 4 months ago on USA TODAY via Yahoo News
Property taxes in New York: 5 new findings you should know

New Yorkers pay among the highest property taxes in the nation, but there is some good news: The...

discovered 4 months ago on Poughkeepsie Journal
Texas Voters Ban State Income Taxes. Again. – Reason.com

Texas, a state so nice they banned income taxes twice. On Tuesday, some 76 percent of voters in the...

discovered 4 months ago on Reason.com
Perspective | How to avoid gift taxes when shifting ownership of rental property to offspring

How should we best do this so that we avoid future gift taxes? Your son recently set up the LLC to...

discovered 4 months ago on Washington Post
Missouri proposes ban on pot companies paying taxes in cash

Missouri’s health department wants to ban medical marijuana businesses from paying taxes in cash, a...

discovered 4 months ago on Associated Press
7 States to Retire to If You Want to Save Money on Taxes | The Motley Fool

If your retirement savings are stashed in a 401(k) or traditional IRA, you'll generally have to pay...

discovered 4 months ago on The Motley Fool
Fact-checking Warren's claim that her health-care plan won't raise taxes on the middle class

(CNN)In touting her new plan to pay for Medicare for All, Sen. Elizabeth Warren has argued that she...

discovered 4 months ago on CNN.com
Increasing property taxes can lead to a reduction in affordable housing, landlord says

Property taxes impact a lot of people. One group of people feeling the impact are landlords. When ...

discovered 4 months ago on KTVB Boise
A Michigan Man Underpaid His Property Taxes By $8.41. The County Seized His Property, Sold It—and...

An 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41. In response,...

discovered 4 months ago on Reason.com
City signs deal on dorm's taxes

Eau Claire signed a deal requiring that an off-campus dormitory pay $90,000 annually for city services, but no longer be subject to property taxes. The...

discovered 4 months ago on Leader-Telegram
Jeremy Corbyn's plan to force a drop in motorists' mileage with taxes

The document proposes 'demand management' to force a 'large and rapid' drop in car use. Last night...

discovered 4 months ago on Daily Mail
New taxes on guns, ammunition OK’d by Tacoma City Council

In an 8-0 vote Tuesday night, the city council of Tacoma, Wash., approved new taxes on the sales of...

discovered 4 months ago on Fox News