"Is California trying to tax retirement savings?" Not really.

Some billionaires in California are falsely pretending that the retirement savings of ordinary people will be taxed by a tax that only billionaires would have to pay:
https://www.sfchronicle.com/election/article/retirement-savings-tax-california-22212440.php #politics #taxation

Client Challenge

As Canada’s tax deadline nears, 4 things you might not know you can claim
With the April 30 deadline for Canadians to file their taxes, there are many benefits Canadians are eligible for that they may not be aware of.
#Canada #Economy #Money #CanadaRevenueAgency
https://globalnews.ca/news/11805979/canada-tax-deadline-eligible-claims/
Negative health effects of sugar-sweetened beverages are well established. Taxes on sugary drinks are effective instruments for reducing their consumption and represent a demonstrably effective preventive measure: zenodo-org.translate.goog/records/1964... #Sugar #Taxation #SugarTax #Health #Obesity

Wissenschaftliche Evidenz zur ...
Wissenschaftliche Evidenz zur Wirksamkeit von Süßgetränkesteuern

Die FinanzKommission Gesundheit empfiehlt die Einführung einer Steuer auf Süßgetränke, um Krankheitskosten zu verringern und Steuereinnahmen für die Stützung der gesetzlichen Krankenversicherung zu erschließen. Dies soll zur Stabilisierung der Krankenkassenbeiträge beitragen. Bei der politischen Entscheidung über die Einführung einer solchen Steuer spielt die wissenschaftliche Evidenz für ihre Wirksamkeit in der Prävention eine zentrale Rolle. Das vorliegende Papier ordnet diese wissenschaftlich ein. Die negativen gesundheitlichen Wirkungen eines regelmäßigen Konsums von Süßgetränken sind wissenschaftlich eindeutig belegt. Süßgetränkesteuern sind wirksame Instrumente, um den Süßgetränkekonsum und die Zuckeraufnahme aus Süßgetränken zu reduzieren. Eine zunehmende Anzahl an Studien zeigt direkt eine Verringerung oder eine Verlangsamung des Anstiegs von Übergewicht und Adipositas durch Süßgetränkesteuern. Aus wissenschaftlicher Sicht stellen Süßgetränkesteuern somit eine nachweislich wirksame Präventionsmaßnahme dar.

Zenodo
Fuel prices down significantly in N.L. in wake of federal tax suspension
Newfoundlanders and Labradorians are starting their week with a break on fuel prices Monday morning. Regular gasoline is down by 11.5 cents per litre because of federal excise tax suspension.
https://www.cbc.ca/news/canada/newfoundland-labrador/gas-prices-fall-april-20-9.7170041?cmp=rss

The UK's tax authorities (HMRC), required by the Govt. to do more to close the 'tax gap' between taxes expected & taxes *actually* paid, have begun to focus on VAT as a key area where firms (of all sizes) have (wilfully, mistakenly?) misinterpreted VAT criteria to their own advantage.

Certainly the rules are not simple, but the level of underpayment, revealed by HMRC data mining, has prompted a growing level of 'probes' into business accounts; The VAT-man is coming!

#business #taxation
h/t FT

We do not need and should not have progressive property taxes. #PropertyTaxes are by their very nature progressive, to begin with, since you are taxed on the assessed value of the property. Wealthy people own the most property, and all the most expensive property.

What we need is to move property taxes away from taxing capital improvements and toward taxing unimproved land values only. That is the most progressive possible form of #taxation. #LVT #LandValueTax

https://cepr.net/publications/land-value-taxes-and-progressive-property-taxes-two-great-taxes-that-go-great-together/

Land Value Taxes and Progressive Property Taxes: Two Great Taxes that Go Great Together!

How land value taxes work, why they can be regressive, and how progressive property taxes can offset the impact.

CEPR
New York’s Anti-Rich Current Reaches Apex With Second-Home Tax Plan

With a new tax proposal, the threat of a building workers’ strike and Mayor Zohran Mamdani’s shunning of the Met Gala, the city’s wealth gap was on full display.

The New York Times

A small reminder:

#Taxes are used to create a beneficial environment for citizens.

Taxes collected primarily from corporate revenues are passed on to citizens via increased prices for goods and services.

Taxes collected primarily from citizens' income affect the citizenry disproportionately.

Taxes on land 'ownership' are primarily passed on to citizens who do not own land, and in increased prices for goods and services - that is, non-landowning citizens pay the largest share.

#tax #taxation

Are we all on the same page?

⏺️ [1] Use Free Software / Open Source 💿 💾 📀 🖥️ 🧭 🐧

⏺️ [2] Don't pay bad people 🐍 🐊 😠 😈
a) 🏦 Don't use / pay banks (as much as poss) 🏡 = 🛖
b) 💰 Avoid #Taxation / Pay cash

⏺️ [3] Maybe #Alt #Currency 🪙 #Monero or ANY non-bank exchange that suits you / #Free or #Probono work / a new idea / just not banks.

Agree mostly? And can you boost that?

YES to all points
YES to some points
NO to all points
NO to some points
Poll ends at .

@renardboy Are we all on the same page?

1⏺️ Use Free Software / Open Source 💿 💾 📀 🖥️ 🧭 🐧

2⏺️ Don't pay bad people 🐍 🐊 😠 😈
a) 🏦 Don't use / pay banks (as much as poss) 🏡 = 🛖
b) 💰 Avoid #Taxation / Pay cash

3⏺️ Maybe #Alt #Currency 🪙 #Monero or ANY non-bank exchange that suits you / #Free or #Probono work / a new idea / just not banks.

Agree mostly? And can you boost that?