These highly profitable corporations paid zero federal #incometaxes last year๐Ÿคฆโ€โ™‚๏ธ
"Tesla is not an anomaly.. 88 profitable corps hv reported paying $0 in federal income #taxes last year, according to a new report by ITEP. The list incls #Citigroup ($4.45b profits), CVS Health ($6.57b), GoDaddy ($981m), #Palantir ($1.58b), #PayPal ($1.43b), #WaltDisney ($8.3b), & #Yum Brands, the parent co of #KFC, Pizza Hut, & Taco Bell, ($1.03b).. statutory tax rate on corp #profits is 21%"
https://popular.info/p/these-highly-profitable-corporations
These highly profitable corporations paid zero federal income taxes last year

In 2025, Tesla reported $5.7 billion in U.S.

Popular Information

Here's an explanation of what's going on with the DT taxes and traitors' slush fund by a lawyer whose opinion I value and can understand.
#DTslushfund
#slushfund #incometaxes #ThisDayInWhiteSupremacy

https://www.thenation.com/article/politics/january-6-slush-fund/

Trump Just Created a White Grievance Reparations Fund

And it will be paid for with your tax dollars.

The Nation
It's Tax Day, and no one knows how to file for prediction market winnings https://arstechni.ca/hwb5 #incometaxes #syndication #polymarket #gambling #Policy #Kalshi #IRS
It's Tax Day, and no one knows how to file for prediction market winnings

It's time for Americans to pay taxes on prediction market winnings, but no one knows how.

Ars Technica

#Taxes . . .

Paid my Fed & State #IncomeTaxes today, a day early to avoid the "rush" at the PO, with #USPS #PriorityMail which is supposed to guarantee 3 days delivery but, in my experience, sometimes fails to achieve that.

I print the labels at home off of USPS' website & then wait to have the labels scanned at the counter to make sure that tracking shows delivery on the date it was mailed.

After that, I get the float on my $$ until the USPS delivers it & my bank "cashes" the checks.

It's just a few pennies but it's worth it to me to make the government wait for their $. ๐Ÿ˜Š

#IncomeTaxes

Just did a final check of my 1040/540 #TaxReturns & printed them out for final prep & mailing with the required checks via Priority Mail on Wed 04/15/2026.

The 1040 is 14 pages long & the 540 is 24 pages long; 38 pages long including the 1040 that has to be filed with it. ๐Ÿคฆโ€โ™‚๏ธ

I've been using #TurboTax to prep my returns since it 1st became available in the early 80's.

It would be a tiresome & frustrating task to fill out & print the returns w/o it &, while I dislike paying for it each year, it costs far less & takes far less time for me prep my returns using it, than if I hired an accountant to do it for me. ๐Ÿคทโ€โ™‚๏ธ

Why the hell did I just pay my federal #incometaxes? For this?? Education, Environment, Public Health, Diplomacy and so much more stripped of funding. When the hell will #Libertarian & tea party voters (who went along with MAGA/GOP more than not for tax relief), wake up and commit to #NoKings ?

RE: https://bsky.app/profile/did:plc:3wyeaqrj7tfpaiib7mqpbrxq/post/3mj5soxv6q22s

#IncomeTaxes

Just did a preliminary prep of my 1040/540 returns in
#TurboTax

I have a very uncomplicated return. Just a matter of filling in the boxes.
I owe much less than expected. ๐Ÿ˜Š

I always owe money. So, there's no point in filing early.

The tax penalties on the money owed is minimal & I will file the returns by mail with a check when due on 4/15/2026.

I file by mail & pay by check because I think the IRS should be required to put in some effort to get my $ by processing my return by hand.

I also shouldn't be penalized by losing any interest on funds paid and the longer it takes the IRS to submit the check for payment the less $ that I lose on the float.

#Taxes . . .

Already received a 1099 for 2025 from the #SSA & because I got a #CatchUp payment after years of being denied full SSA payments because I was a government retiree, I'm looking at a bigger income # from them.

I also received substantially more dividend income from other investments last year & received a bonus trust payment.

So, I'm expecting a very big Fed/State tax bill for 2025. โ˜น๏ธ

I'm doing ok & don't have a problem with paying taxes per se but it bother's me when I have to pay more in #IncomeTaxes than #Billionaires (who can shelter most if not all of their income) do. ๐Ÿคทโ€โ™‚๏ธ

Why do governments discourage work by collecting income taxes?
#incometaxes #labor #wagelabor #workers #taxes #taxpolicies #incentives #economics
#Trump: There's a chance that the money from the #tariffs will be so great that it would replace #incometaxes