Dave VolekSpolu 22: Keep Taxes Low
Spolus should pay a tax on profits. But I recommend a small tax rate:
https://tiereddemocraticgovernance.org/blog_details.php?blog_cat_id=19&id=358
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Mojo ♻️Australia's wealthiest companies — think Murdoch's NewsCorp — dodge their fair share of tax while the rest of us foot the bill. Meanwhile, the government has managed to waste a staggering $37 billion out of the $58 billion Defence budget. Priorities, anyone? Check out the TAXDATA corporate tax transparency app to see exactly who's paying what.
#taxavoidance #australiapolitics #corporatetax #defencewaste #newscorp #taxdata #auspol #WestReport
We want to share something with you | The West Report
Yonhap Infomax NewsSouth Korea's National Tax Service extends corporate tax payment deadlines by three months and suspends tax audits for companies affected by Middle East crisis, targeting shipping, aviation, refining, petrochemical, and export sectors facing disruptions and rising costs.
#YonhapInfomax #NationalTaxService #CorporateTax #MiddleEastCrisis #PaymentDeadlineExtension #TaxAuditSuspension #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108259
#YonhapInfomax #NationalTaxService #CorporateTax #MiddleEastCrisis #PaymentDeadlineExtension #TaxAuditSuspension #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108259
South Korea's Tax Agency Extends Corporate Tax Deadline, Suspends Audits for Middle East Crisis-Hit Firms
South Korea's National Tax Service extends corporate tax payment deadlines by three months and suspends tax audits for companies affected by Middle East crisis, targeting shipping, aviation, refining, petrochemical, and export sectors facing disruptions and rising costs.
KevinOnEarth@alberto_cottica
That has seemed to me for YEARS to be the blatantly obvious tack to follow on taxation.
Western economies now run mostly on non-productive #MoneyShifting industries (everything #finance-related, through #dividends, #insurance, #advertising, #gambling etc.)
Even #CorporateTax is a distortion & should be zero, as it also taxes *production* and thus employment. (But of course, tax the profiteers running the corps.)
But as we all know, none of this will ever happen.
That has seemed to me for YEARS to be the blatantly obvious tack to follow on taxation.
Western economies now run mostly on non-productive #MoneyShifting industries (everything #finance-related, through #dividends, #insurance, #advertising, #gambling etc.)
Even #CorporateTax is a distortion & should be zero, as it also taxes *production* and thus employment. (But of course, tax the profiteers running the corps.)
But as we all know, none of this will ever happen.
Hacker NewsIn 2025, Meta paid an effective federal tax rate of 3.5%
https://bsky.app/profile/rbreich.bsky.social/post/3mfptlfeucn2i
#HackerNews #Meta #Tax #Rate #2025 #EffectiveTaxRate #TaxPolicy #CorporateTax #SocialMedia
Robert Reich (@rbreich.bsky.social)
In 2025, Meta paid an effective federal tax rate of 3.5% — its lowest on record. Meanwhile, Meta is pumping $65 million into elections this year to boost AI friendly candidates. Trickle-down economics isn't just a hoax, it's corrosive to democracy. Big Money is the root of our dysfunction.
South Korea’s Deputy Prime Minister Gu Yoon-cheol announced a review of measures to ease the tax burden on wage earners, citing rising income tax contributions and expectations for improved corporate tax revenues amid a semiconductor boom.
#YonhapInfomax #GuYoonCheol #IncomeTax #TaxBurden #CorporateTax #SemiconductorBoom #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106339
#YonhapInfomax #GuYoonCheol #IncomeTax #TaxBurden #CorporateTax #SemiconductorBoom #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106339
Gu Yoon-cheol Says Government Reviewing Measures to Ease Tax Burden on Wage Earners
South Korea’s Deputy Prime Minister Gu Yoon-cheol announced a review of measures to ease the tax burden on wage earners, citing rising income tax contributions and expectations for improved corporate tax revenues amid a semiconductor boom.
South Korea's tax revenue plunged during the Yoon administration's final year due to aggressive tax cuts, but spending reforms under President Lee Jae-myung helped avert a third consecutive year of massive shortfalls, with corporate and property tax receipts remaining below pre-2023 levels.
#YonhapInfomax #TaxRevenue #YoonAdministration #CorporateTax #LeeJaeMyung #FiscalShortfall #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105546
#YonhapInfomax #TaxRevenue #YoonAdministration #CorporateTax #LeeJaeMyung #FiscalShortfall #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105546
Saji WeerasinghamTotally agree, growing corporate profits don't help the average worker that just earns a salary (except via superannuation) and leads to #inequality
Why democracies need to collect more corporate tax with Professor Joseph Stiglitz | Webinar
The National Tax Service will grant a three-month extension for corporate tax payments to SMEs and mid-sized firms in designated employment and industrial crisis response regions, including Yeosu, as part of broader tax relief measures to support companies facing economic challenges.
#YonhapInfomax #NationalTaxService #CorporateTax #SMEs #CrisisResponseRegions #TaxExtension #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102459
#YonhapInfomax #NationalTaxService #CorporateTax #SMEs #CrisisResponseRegions #TaxExtension #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102459
NTS Extends Corporate Tax Payment Deadline by Three Months for SMEs in Employment and Industrial Crisis Response Regions
The National Tax Service will grant a three-month extension for corporate tax payments to SMEs and mid-sized firms in designated employment and industrial crisis response regions, including Yeosu, as part of broader tax relief measures to support companies facing economic challenges.