Mastodawn

𝗛𝗼𝘄 𝗨𝗞 𝗜𝗻𝗰𝗼𝗺𝗲 𝗧𝗮𝘅 𝗔𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗪𝗼𝗿𝗸𝘀 (𝗔𝗻𝗱 𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱𝗻'𝘁 𝗙𝗲𝗮𝗿 𝗮 𝗣𝗮𝘆 𝗥𝗶𝘀𝗲!)

Ever stared at your payslip and wondered where all your hard-earned money went? You see a great salary on your job offer, but the amount that actually lands in your bank account is a lot less. Today, we are solving that puzzle for good.

https://youtu.be/AEisSwUezQQ

#UKTax #IncomeTaxExplained #PAYE #PersonalFinanceUK #UKMoney #TaxCode #FinancialLiteracyUK #PayslipExplained

How UK Income Tax Actually Works (And Why You Shouldn't Fear a Pay Rise!)

YouTube

Pluralistic: Daily links from Cory Doctorow – No trackers, no ads. Black type, white background. Privacy policy: we don't collect or retain any data at all ever period.Feb 2

Pluralistic: Stock swindles (02 Feb 2026)

https://fed.brid.gy/r/https://pluralistic.net/2026/02/02/corprophagia/

Pluralistic: Stock swindles (02 Feb 2026) – Pluralistic: Daily links from Cory Doctorow

Hacker News Jun 6, 2025

The time bomb in the tax code that's fueling mass tech layoffs

https://qz.com/tech-layoffs-tax-code-trump-section-174-microsoft-meta-1851783502

#HackerNews #techlayoffs #taxcode #employment #crisis #economicimpact #innovation #news

The hidden time bomb in the tax code that's fueling mass tech layoffs

A decades-old tax rule helped build America's tech economy. A quiet change under Trump helped dismantle it

Quartz

Nonilex May 23, 2025

#Trump already has the weight of the #ExecutiveBranch behind his efforts to strip funding from top #universities, #deport millions of unauthorized #immigrants & pressure #ForeignGovernments to change their economic policies.

With the sprawling bill that passed through the #House on Thurs, #Republicans are also preparing to enlist the #TaxCode as another tool against Trump’s political foes.

#law #RevengePolitics
https://www.nytimes.com/2025/05/23/us/politics/republicans-taxes-trump-opponents.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=D8897650-C8DC-4320-B385-DFA3B3D729D8

Republicans Harness Tax Code to Punish Trump’s Political Nemeses

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.

The New York Times

Church of Jeff May 11, 2025

#NoBillionaires #TaxTheRich #EatTheRich #GuillotinesWork #TheDailyShow #Poverty #EndPoverty #TaxCode

“Poverty, by America” author Matthew Desmond shares how the US could end poverty if the top 1% of Americans just paid the taxes they owed

The Times Of Central Asia | Eurasian Publication & News Online May 8, 2025

Kazakhstan’s Lower House Passes Controversial New Tax Code Amid Public Backlash

https://fed.brid.gy/r/https://timesca.com/kazakhstans-lower-house-passes-controversial-new-tax-code-amid-public-backlash/

Kazakhstan’s Lower House Passes Controversial New Tax Code Amid Public Backlash - The Times Of Central Asia

On April 30, the Mazhilis, the lower house of Kazakhstan’s parliament, approved a new Tax Code by majority vote. The draft law, part of President

The Times Of Central Asia

qwickening Apr 25, 2025

YES. THIS. It hasn't always been this way. In the 70's the tax code wasn't completely upside down like it is now. There is a better way - and we need to implement every step towards it now before it is too late. (And it might be - because the oligarchs are currently winning, folks.) #taxcode #waleg

RE: https://bsky.app/profile/did:plc:42i4v2lgzmfvdcoekjgm5eru/post/3lnmd3zie7c2l

Bluesky

Bluesky Social

Linda, hanging on by a thread Apr 24, 2025

#TaxCode a bazillion pages long; the IRS says, do it right or we will fine you! Because we know what you owe! But we’re not telling you!

This toot sponsored by “Underpayment of Estimated Tax by Individuals Penalty”.
Because apparently paying taxes in April like I have been doing for 40 years is not soon enough.
#Stupid
#FlatTaxForAll

Jain Feb 1, 2025

Union Budget 2025-26: New Income Tax Bill to be introduced!
🔹 Clear & direct text, nearly half the size of current law
🔹 Simplified structure for better understanding
🔹 Aims to enhance tax certainty & reduce litigation
#IncomeTax #Budget2025 #TaxReforms #Finance #TaxCode

⚯ Michel de Cryptadamus ⚯Jan 25, 2025

the giant pot of bitcoins bought with leverage and the money of retail suckers that masquerades as a company known as #MicroStrategy (#MSTR) has a massive tax problem and has run to the IRS for help. They teamed up with #Coinbase and wrote a 76 page Very Angry Letter about how they cannot possibly be expected to follow the tax code as written.

(tl;dr the value of their bitcoins went up and they don't want to pay taxes on them despite taking an absolutely *massive* tax impairment a year or two ago when their bitcoins had gone down)

For bonus points consider that the CEO of MicroStrategy #MichaelSaylor was personally busted for massive tax fraud and had to pay a $51 million fine just a few months ago.

* WSJ: https://www.wsj.com/finance/currencies/microstrategy-federal-income-tax-unrealized-gains-f60b2c04
* no paywall: https://archive.ph/U4LQC
* 76 page letter: https://legacy.www.documentcloud.org/documents/25504499-coinbase-and-microstrategy-letter-to-the-irs-2024-0046-0028_attachment_1

#IRS #taxes #crypto #cryptocurrency #MichaelSaylor #uspol #taxcode #tax #finance #economics #stockmarket #bitcoin #btc #corruption