Rep #EricSwalwell (D-CA), one of Trump’s most vocal critics in the #House, said Thurs that he was being targeted by the #Trump admin after news reports that he had been referred to the #DON for a potential #criminal investigation.

An accusation that Swalwell had committed #mortgage & #tax #fraud was made on Wednesday by #BillPulte, director of the #FHFA. Pulte, a Trump crony, has made similar allegations against Trump’s other perceived enemies.

#law #RevengePolitics
https://www.nytimes.com/2025/11/14/us/politics/trump-mortgage-fraud-eric-swalwell.html?smid=url-share

Norway's Wealth Tax Unchains a Capital Exodus

https://citizenx.com/insights/norway-wealth-exodus/

#HackerNews #Norway #Wealth #Tax #Capital #Exodus #Finance #News #Economy

Rep #EricSwalwell (D-CA), one of Trump’s most vocal critics in the #House, said Thurs that he was being targeted by the #Trump admin after news reports that he had been referred to the #DON for a potential #criminal investigation.

An accusation that Swalwell had committed #mortgage & #tax #fraud was made on Wednesday by #BillPulte, director of the #FHFA. Pulte, a Trump crony, has made similar allegations against Trump’s other perceived enemies.

#law #RevengePolitics
https://www.nytimes.com/2025/11/14/us/politics/trump-mortgage-fraud-eric-swalwell.html?smid=url-share

Add your name in favor of #California’s #Billionaire #Tax. https://click.everyaction.com/k/119022230/581667715/-1633558155?contactdata=QbUQ/ebWGIbhS+CvkaYOXqXdFX2Vy4htF1izxxBKF8/7O6QzwE3ujoYtg4wv3OWK5z6CdnST0U1vDIWJeQQZc83CJLxl2wNrNhn+pHVTwelJy+2BlmLjX9P7/dI7cTczu7gIZoUbj7Ta8p3Q4eJYmw==&nvep=ew0KICAiVGVuYW50VXJpIjogIm5ncHZhbjovL3Zhbi9FQS9FQTAwMy8xLzc1MjEwIiwNCiAgIkRpc3RyaWJ1dGlvblVuaXF1ZUlkIjogImNjMDU0MTMzLTUzYmUtZjAxMS04MTk0LTAwMjI0ODIzZmY5YiIsDQogICJFbWFpbEFkZHJlc3MiOiAibWlsby5kaWRlQGhvdG1haWwuY29tIg0KfQ%3D%3D&hmac=1oPQt_9ngXF6ZfF7GUDYyUnZqvR11-EVEt76iw1Unlk=&emci=578d586b-adb9-f011-8e61-6045bded8ba4&emdi=cc054133-53be-f011-8194-00224823ff9b&ceid=14054890

Add your name in favor of #California’s #Billionaire #Tax. https://click.everyaction.com/k/119022230/581667715/-1633558155?contactdata=QbUQ/ebWGIbhS+CvkaYOXqXdFX2Vy4htF1izxxBKF8/7O6QzwE3ujoYtg4wv3OWK5z6CdnST0U1vDIWJeQQZc83CJLxl2wNrNhn+pHVTwelJy+2BlmLjX9P7/dI7cTczu7gIZoUbj7Ta8p3Q4eJYmw==&nvep=ew0KICAiVGVuYW50VXJpIjogIm5ncHZhbjovL3Zhbi9FQS9FQTAwMy8xLzc1MjEwIiwNCiAgIkRpc3RyaWJ1dGlvblVuaXF1ZUlkIjogImNjMDU0MTMzLTUzYmUtZjAxMS04MTk0LTAwMjI0ODIzZmY5YiIsDQogICJFbWFpbEFkZHJlc3MiOiAibWlsby5kaWRlQGhvdG1haWwuY29tIg0KfQ%3D%3D&hmac=1oPQt_9ngXF6ZfF7GUDYyUnZqvR11-EVEt76iw1Unlk=&emci=578d586b-adb9-f011-8e61-6045bded8ba4&emdi=cc054133-53be-f011-8194-00224823ff9b&ceid=14054890

#Trump & congressional #Republicans have attacked federal workers as instruments of the “deep state,” exercising power beyond anything authorized by the #law. Now the administration is doing the same thing, several #tax experts said, undermining laws that hit the #ultrawealthy & big #corporations.

#aristocracy #plutocracy #WealthGap #USpol

With its various #tax relief provisions, the admin is now effectively adding hundreds of billions of dollars in new breaks for big businesses & investors. The #Treasury is empowered to write rules to help the #IRS carry out tax laws passed by #Congress. But the aggressive actions of the #Trump admin raise questions about whether it is exceeding its legal #authority.

#aristocracy #plutocracy #WealthGap #USpol #law

But the succession of notices the #Treasury & #IRS have issued beginning in summer means the #tax could bring in a fraction of that.

The breaks come in addition to the ~$4 trillion package of tax cuts that #Trump signed into #law in July. The #legislation, passed entirely by #Republicans, heavily benefits #corporations & the #ultrawealthy. It is projected to add trillions of dollars to the federal #deficit & came with steep cuts to #healthcare for the #elderly & #FoodStamps for the poorest.

The primary target: The admin is rapidly gutting a 2022 #law intended to ensure the country’s most profitable #corporations pay at least some federal income #tax. The provision, the corporate alternative minimum tax, was passed by #Democrats & signed into law by President #Biden. It sought to stop corporations from being able to report big profits to shareholders yet low tax liabilities to the federal government. It was projected to raise $222 billion over a decade.

#Trump #aristocracy #USpol

Thinking about the suggestion of raising #tax on #EVs. There's certainly justification for pay-per-mile charges, but I can't for the life of me think of a way of charging that is fair and not open to abuse.
You can't ask people to meter their home charging.
You can't trust the odometer reading on the car.
You can't trust EV owners to report mileage truthfully.
You can't trust mileage data supplied by the car itself (even if all cars magically provided it).
Am I missing something?

An emerging theme, from the conservative justices, is that the president’s concededly broad power to shut down #trade generally may include the lesser power to impose #tariffs. That echoes the admin’s position.

Justice #Sotomayor jumped into the questioning & refocused the case back on a primary argument against the tariff programs, that the #Constitution gives #Congress, NOT the president, the #power to #tax.

#SCOTUS #law #PartisanCourt #ActivistCourt #AbuseOfPower #Trump #economy

An emerging theme, from the conservative justices, is that the president’s concededly broad power to shut down #trade generally may include the lesser power to impose #tariffs. That echoes the admin’s position.

Justice #Sotomayor jumped into the questioning & refocused the case back on a primary argument against the tariff programs, that the #Constitution gives #Congress, NOT the president, the #power to #tax.

#SCOTUS #law #PartisanCourt #ActivistCourt #AbuseOfPower #Trump #economy

“The fact that they raise revenue is only incidental,” Sauer says of the tariffs. I’m not sure Trump would agree: #Trump has often emphasized the vast amounts of revenue being raised by his #tariffs & their ability to offset #tax cuts.
Justice #Sotomayor is also acknowledging an argument we’ve heard frequently in months of lower court arguments — that the economic emergency law that Trump is using to impose tariffs does not explicitly contain the word tariff.

#SCOTUS #law #AbuseOfPower #economy

Justice #Kagan says #Congress, not the president, had the power to #tax & regulate foreign commerce.

Justice #Sotomayor is pressing the government on the fact that #tariffs are a form of #taxation, which rests in the hands of lawmakers to enact. “It’s a congressional power, not a presidential power, to tax,” she said.

Sauer argues that what is at issue in this case is not the “power to tax,” an authority given to Congress, but the ability to regulate foreign powers.

#law #SCOTUS

Critics such as #NewMexico State Rep Rebecca Dow, a #Republican, say it makes no sense to give wealthier families free #childcare when they could receive federal #tax breaks for child care included this year in #Trump's One Big Beautiful Bill [but ask her if she’d support free childcare for the poor…🦗].

Dow, the founder of a daycare center, said research showed the best place for a young child was at home & the state should give families tax credits for "mom to stay home" [ #TradWife].

Doorbell cameras by Amaz0n Ring are being illegally shared w/ Flock surveillance software.
1) Turn Off & 2) Cover your Ring cameras this Halloween.
ICE wants to deport families trick-or-treating, & is stealing biometric data from you, to do so.
#do #not #comply in #advance #protest #fight #fascist #USA #crush #ICE #melts #under #pressure #Halloween #surveillance #Flock #welcome #dystopian #present #eat the #rich #Tax #Bezos #end #billionaires #new #privacy #data #laws https://www.fightforthefuture.org/news/2025-10-29-safety-advisory-no-ring-for-ice-this-halloween

Doorbell cameras by Amaz0n Ring are being illegally shared w/ Flock surveillance software.
1) Turn Off & 2) Cover your Ring cameras this Halloween.
ICE wants to deport families trick-or-treating, & is stealing biometric data from you, to do so.
#do #not #comply in #advance #protest #fight #fascist #USA #crush #ICE #melts #under #pressure #Halloween #surveillance #Flock #welcome #dystopian #present #eat the #rich #Tax #Bezos #end #billionaires #new #privacy #data #laws https://www.fightforthefuture.org/news/2025-10-29-safety-advisory-no-ring-for-ice-this-halloween

Greenpeace calls for Billionaire Tax to fund climate action ahead of vote on a U$1 trillion pay plan for Elon Musk...

...And launches The Billionaire Taxometer so you can see how much tax YOU pay compared to what the richest man on Earth pays: https://maps.greenpeace.org/gpafrica/billionaire-taxometer/?utm_source=nickofnz&utm_medium=nickofnz

(Taxes are good, they just need to be fair) #TaxTheRich

#taxtherich #wealthtax #capitalgainstax #ElonMusk #greenpeace #tax #game #calculator

Greenpeace calls for Billionaire Tax to fund climate action ahead of vote on a U$1 trillion pay plan for Elon Musk...

...And launches The Billionaire Taxometer so you can see how much tax YOU pay compared to what the richest man on Earth pays: https://maps.greenpeace.org/gpafrica/billionaire-taxometer/?utm_source=nickofnz&utm_medium=nickofnz

(Taxes are good, they just need to be fair) #TaxTheRich

#taxtherich #wealthtax #capitalgainstax #ElonMusk #greenpeace #tax #game #calculator

Price of poverty hurts us all, yet research reveals an easy fix
By Daniel Ziffer and Gareth Hutchens

In 2020, Australia massively increased welfare payments and conducted a live experiment in ending poverty, but when the subsidy was removed, many were thrown back into hardship. Leaving aside the moral dimension, would it be cheaper to end poverty than to maintain it?

https://www.abc.net.au/news/2025-10-28/cheaper-to-end-poverty-increase-jobseeker-than-maintain-hardship/105866692

#Poverty #Unemployment #Tax #CostofLiving #SocialPolicy #Welfare #DanielZiffer #GarethHutchens