In France, the new special income tax on high earners has failed to raise as much as projected... but this is partly due to lobbying from the wealthy to ensure the tax was not retrospective & delayed, meaning income could be taken in the window before its imposition.

However, it's still expected to raise less than initially projected in 2026 too, although that will come down to 'tax planning'.

What lessons this might indicate for the UK lie in politics not economics!

#tax #inequality
h/t FT

In France, the new special income tax on high earners has failed to raise as much as projected... but this is partly due to lobbying from the wealthy to ensure the tax was not retrospective & delayed, meaning income could be taken in the window before its imposition.

However, it's still expected to raise less than initially projected in 2026 too, although that will come down to 'tax planning'.

What lessons this might indicate for the UK lie in politics not economics!

#tax #inequality
h/t FT

The DOJ indicted “Bitcoin Jesus” Roger Ver in one of the largest-ever crypto tax fraud cases.

Those familiar with the case said the evidence was “rock solid” and that prosecutors were confident of a conviction.

Then Donald Trump won a second term.
https://www.propublica.org/article/bitcoin-jesus-roger-ver-tax-evastion-friends-of-trump-doj?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News #Trump #DOJ #Law #Tax #Crime #Fraud #Billionaire #Crypto #Bitcoin

The DOJ indicted “Bitcoin Jesus” Roger Ver in one of the largest-ever crypto tax fraud cases.

Those familiar with the case said the evidence was “rock solid” and that prosecutors were confident of a conviction.

Then Donald Trump won a second term.
https://www.propublica.org/article/bitcoin-jesus-roger-ver-tax-evastion-friends-of-trump-doj?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News #Trump #DOJ #Law #Tax #Crime #Fraud #Billionaire #Crypto #Bitcoin

Zurich airport, on the flight path to Davos conference.

https://lemmy.world/post/41915645

#Davos #billionaires #hoarding #tax #taxtherich

Zurich airport, on the flight path to Davos conference.

https://lemmy.world/post/41915645

#Davos #billionaires #hoarding #tax #taxtherich

#tax #taxjustice #taxinjustice #germany is actively enabling radical parties by angering the masses

Wave of Tax Cuts Has Left Many States Vulnerable to Trump SNAP and Medicaid Crisis
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The recent government shutdown, with families skipping meals and babies unfed, could have been a preview of what’s to come when Trump’s Big Beautiful Bill shifts billions in costs for the SNAP program to states that may not be able to afford them.
https://www.propublica.org/article/food-stamps-crisis-snap-big-beautiful-bill-state-tax-cuts?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News #Trump #SNAP #Medicaid #Poverty #Healthcare #Food #Government #Tax

If AI replaces workers, should it also pay taxes?

https://english.elpais.com/technology/2025-11-30/if-ai-replaces-workers-should-it-also-pay-taxes.html

#HackerNews #AI #Tax #Debate #Technology #Ethics #Future #of #Work #Automation

Wealthy Ranchers Profit From Public Lands. Taxpayers Pick Up the Tab.
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A ProPublica and High Country News investigation found that government programs supporting grazing on public lands prop up a wealthy few while harming the environment. The Trump administration is supercharging the system.
https://www.propublica.org/article/grazing-ranchers-public-lands-trump?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News #Government #Trump #Environment #Grazing #PublicLands #Tax

Wave of Tax Cuts Has Left Many States Vulnerable to Trump SNAP and Medicaid Crisis
---

The recent government shutdown, with families skipping meals and babies unfed, could have been a preview of what’s to come when Trump’s Big Beautiful Bill shifts billions in costs for the SNAP program to states that may not be able to afford them.
https://www.propublica.org/article/food-stamps-crisis-snap-big-beautiful-bill-state-tax-cuts?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News #Trump #SNAP #Medicaid #Poverty #Healthcare #Food #Government #Tax

Basically, the #Anarchists were right, #states began as #tax extortion rackets:

“One theory suggests it was the intensification of agriculture that spurred the creation of states. Once fertilisation and irrigation were used, it produced a surplus that elites could extract to build and maintain states. However, an alternative view, first put forward by anthropologist James Scott, is gaining ground. … By Scott’s account, Mafia-style protection rackets forced people to produce grain, from which tax could be extracted and used to fund further exploitation. Scott proposed that these protection rackets were effectively the original states. … We tested these ideas, combining data from hundreds of societies worldwide with a global language family tree representing the ancestral relationships between those societies. … grain agriculture consistently predicted subsequent state formation and the adoption of taxes.”

https://theconversation.com/the-real-reason-states-first-emerged-thousands-of-years-ago-new-research-268539

Today in Labor History November 28, 1990: Margaret Thatcher resigned in tears after a mass non-payment of her hated poll tax forced her out of office. The tax was a flat tax, hugely unfair, charging all adults, regardless of their wealth or income, the same amount. At the height of the campaign, nearly half of all British adults, 17 million people, had refused to pay the tax. The Labour Party refused to back any protest of the tax. But Anti-Poll Tax Unions formed across the country, and there were thousands of demonstrations, many of which became riots after mounted police charged the protesters. Over 100 were injured and more than 330 were arrested in the protests.

#workingclass #LaborHistory #polltax #margaretthatcher #protests #demonstrations #directaction #anarchism #socialism #tax

Wealthy Ranchers Profit From Public Lands. Taxpayers Pick Up the Tab.
---

A ProPublica and High Country News investigation found that government programs supporting grazing on public lands prop up a wealthy few while harming the environment. The Trump administration is supercharging the system.
https://www.propublica.org/article/grazing-ranchers-public-lands-trump?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News #Government #Trump #Environment #Grazing #PublicLands #Tax

Today in Labor History November 28, 1990: Margaret Thatcher resigned in tears after a mass non-payment of her hated poll tax forced her out of office. The tax was a flat tax, hugely unfair, charging all adults, regardless of their wealth or income, the same amount. At the height of the campaign, nearly half of all British adults, 17 million people, had refused to pay the tax. The Labour Party refused to back any protest of the tax. But Anti-Poll Tax Unions formed across the country, and there were thousands of demonstrations, many of which became riots after mounted police charged the protesters. Over 100 were injured and more than 330 were arrested in the protests.

#workingclass #LaborHistory #polltax #margaretthatcher #protests #demonstrations #directaction #anarchism #socialism #tax

If Rachel Reeves really was looking for a source of revenue & wanted to enhance her party's dwindling environmental credentials, then she might have looked at imposing tax on aviation fuel... not increasing it; just imposing it.

As Anna Hughes points out:

'It’s ludicrous that the most environmentally damaging form of transport doesn’t pay fuel tax, especially now that Rachel Reeves is making noises about a tax on electric vehicles'!

#tax #politics #environment