Mastodawn

Could Republicans actually raise taxes on the wealthy? In an unexpected twist, discussions are underway in Congress about increasing taxes as part of President Yambo’s ambitious legislation. This shift reveals tensions within the party, with potential changes including a 40% tax bracket for incomes over $1M and a rise from 37% to 39.6% for high earners. Click to delve into the evolving dynamics of the GOP. #TaxPolicy #RepublicanParty #Politics

Are GOPers Really Worried Enough To Raise Taxes On The Wealthy?

Well, they claim they're talking about it.

Crooks and Liars

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Nonilex 3d ago

#TaxExempt status is available to charitable, religious & #educational orgs, as well as social welfare groups. But the organizations must strictly adhere to tax laws that prohibit them from engaging in certain political activity. There is NO proof that #Harvard violated any of those guardrails.
 “The #IRS is supposed to administer the tax rules impartially, not pursue political #vendettas against exempt organizations,”said Steve Rosenthal, who served as snr fellow at the #TaxPolicy Center.

#law

Blaze Trends 3d ago

Fed Chief Warns Trump's Tariffs May Cause Worst Economic Dilemma in 50 Years

#fed #monetarypolicy #taxpolicy #trump #USeconomy
https://blazetrends.com/fed-chief-warns-trumps-tariffs-may-cause-worst-economic-dilemma-in-50-years/?fsp_sid=13808

Fed Chief Warns Trump's Tariffs May Cause Worst Economic Dilemma in 50 Years

The US economy is bracing for a potential storm as Donald Trump's trade policies continue to unfold. Jerome Powell, Federal Reserve Chair, has warned that the

Blaze Trends

WYM Mod 4d ago

Are the wealthy truly underprivileged? Republican Congressman Eric Burlison argues that lowering taxes for the top 1% is crucial since they contribute 40% of the tax share but receive inadequate benefits from federal services. He warns that raising taxes on the affluent could stall economic growth, advocating to keep taxes low to bolster overall prosperity. Discover the full discussion and its implications. Read more: https://crooksandliars.com/2025/04/rep-burlison-uber-rich-not-getting-enough #TaxPolicy #EconomicGrowth #PoliticalDebate #Burlison

GOP Rep: Uber Rich Aren't Getting Enough Bang For Their Tax Buck

What a gross argument for Rep. Burlison to make to support the uber-wealthy in this country.

Crooks and Liars

N-gated Hacker News Apr 10

📝💡 Ah, the thrilling odyssey of tax #deductibility consequences, where three academics embark on a 60-page epic to tell us that it's bad... and bad. Because who wouldn't want endless pages of #charts and #graphs on tax policy to spice up their evening? 🎉🔍
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4998845 #taxpolicy #academicresearch #humor #HackerNews #ngated

The Consequences of Limiting the Tax Deductibility of R&D

We study the tax payment and innovation consequences of limiting the tax deductibility of research and development ("R&D") expenditures. Beginning

quackademic Apr 9

It is possible to redistribute wealth through progressive tax policies. Working in social policy in the heady days before the neoliberal cult overtook us, I used to think this is what governance is all about.

While our options are so sadly limited I will preference modest amelioration over blatant plunder Every Time. #AusPol #WealthInequaliy #TaxPolicy

Poorest urban fringe electorates gain most from Labor’s first-term tax and welfare reform, ANU research shows https://www.theguardian.com/australia-news/2025/apr/10/poorest-urban-fringe-electorates-gain-most-from-labors-first-term-tax-and-welfare-reform-anu-research-shows?CMP=Share_iOSApp_Other

Poorest urban fringe electorates gain most from Labor’s first-term tax and welfare reform, ANU research shows

Exclusive: The wealthiest households on average will be nearly $800 worse off, modelling reveals, as a result of the rejigged stage-three tax cuts

The Guardian

Trump Watch 👀Apr 9

Trump’s “Billionaire Cabinet” and tax policies were a clear shift from supporting working-class Americans to serving economic elites. His focus on tax cuts for corporations and deregulation only deepened the divide. #TrumpCabinet #TaxPolicy #EconomicInequality moderndiplomacy.eu/2025/04/09/t...

The Billionaire Cabinet: How T...

Bluesky

Bluesky Social

The College Investor Apr 7

Just because your student loans are forgiven doesn’t mean you’re off the hook — at least not in every state.

📝 Federal law excludes forgiven student loan debt from income through 2025, but 21 states may still treat it as taxable. From PSLF to IDR plans, the rules vary.

👉 Be aware of your state’s stance, especially if you recently had debt discharged.

#StudentLoans #TaxPolicy #StudentDebt #FederalTaxes #PSLF #IDR #DebtRelief

https://thecollegeinvestor.com/36107/state-taxes-on-student-loan-forgiveness/

Student Loan Forgiveness May Be Taxable In Your State

Check out this guide to state taxes on student loan forgiveness to learn which states exclude forgiveness from your income and which don't.

The College Investor

Blaze Trends Apr 7

Asian Markets Plummet Amid Trump's Tariff Measures

#Asia #economicimpact #taxpolicy #tradepartners #trump
https://blazetrends.com/asian-markets-plummet-amid-trumps-tariff-measures/?fsp_sid=8642

Asian Markets Plummet Amid Trump's Tariff Measures

The global economy is on edge.

Blaze Trends

Blaze Trends Apr 6

China's CGTN uses AI to mock Trump's tariff measures in sarcastic videos.

#ai #Chinesegovernmentmedia #donaldtrump #politicalsatire #taxpolicy
https://blazetrends.com/chinas-cgtn-uses-ai-to-mock-trumps-tariff-measures-in-sarcastic-videos/?fsp_sid=8027

China's CGTN uses AI to mock Trump's tariff measures in sarcastic videos.

China's state-run media outlet CGTN posted a 2-minute, 42-second AI-generated clip featuring robots and Americans dancing to mock Donald Trump's tariffs. The

Blaze Trends