2026-02-28 01:34:12
This might be the first time I've been able to do my taxes without getting so confused I chicken out and hire a professional. I did ask a professional AI about a lot of stuff though. And it's free! #tax
This might be the first time I've been able to do my taxes without getting so confused I chicken out and hire a professional. I did ask a professional AI about a lot of stuff though. And it's free! #tax
Trump said tariffs (a regressive consumption tax primarily paid by American consumers)
may “substantially replace”
(progressive) income taxes.
Here is what policy experts say.
https://
Democrats to introduce bill aimed at resurrecting IRS Direct File (Emma Roth/The Verge)
https://www.theverge.com/policy/885225/democrats-irs-direct-file-act-taxes
http://www.memeorandum.com/260226/p115#a260226p115
So, question for the self-employed US folks: are we doing a nationwide income tax get-an-extension-instead-of-paying-in-april thing? Or, like, how are we starving the beast? I'm still hoping NY gives me a way to pay state & city taxes while putting federal funds in some kind of escrow.
Court docs: the IRS seeks $16B in back taxes and penalties from Meta, arguing it failed to report ~$54B in overseas profits; in December 2025, Meta sued the IRS (Jesse Drucker/New York Times)
https://www.nytimes.com/2026/02/24/business/irs-meta-corporate-taxes.html
Just when you thought things could not get crazier.
Speaker Dustin Burrows Lists Data Centers, Property Taxes and Annexing Slice of New Mexico Among 2027 Priorities https://ground.news/article/house-interim-charges-include-studying-sharia-influence-eliminating-educator-misconduct-evaluating-data-centers
Spanberger slams Trump on 'affordability' in SOTU response -- as Virginia Democrats push new taxes (Fox News)
https://www.foxnews.com/politics/spanberger-slams-trump-affordability-sotu-response-virginia-democrats-push-new-taxes
http://www.memeorandum.com/260225/p4#a260225p4
Sen. Bernie Sanders has co-sponsored a bill that would cut taxes on families making under $92,000 and increase taxes on the wealthy.
Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez, two pillars and allies of the progressive movement, are in disagreement.
Democrats have in recent months proposed a variety of tax cut proposals, seemingly in response to President Donald Trump’s popular “no tax on tips and overtime” policies.
Sen. Chris Van Hollen wants to eliminate inco…
Beware The #BillionaireAgenda
No taxes on billionaires.
Control all media.
Control all political parties.
Laws don't apply to billionaires.
Blame the results on migrants.
Yes, #Austria has high #taxes, and still the #government can't fund important services.
Then again, the country pays for the luxury of nine (!) provinces with a full government complement eac…
How many times must I tell #microsoft no? I have said NO several times before and it is still NO!
After taxes are done I will upgrade this machine to #mxlinux
Tariffs:
Trump owes Americans billions — and he might be forced to pay - Alternet.org
https://www.alternet.org/trump-taxes-2676570652/
💢 Public backing for taxes falls when unfairness exposed
#taxes
Are governments properly supporting the digital commons? Many adopt open source software but don't fund the upstream projects that maintain it. This amplifies a "tragedy of the commons" rather than being part of the solution. Governments have historically invented ways to shape the playing field - patents, public universities, copyright, taxes ... They can do it again!
Meta emails advertisers about "location fees" in select European countries to cover digital services taxes, starting July 1; Google and Amazon have similar fees (Gian Volpicelli/Bloomberg)
https://www.bloomberg.com/news/articles/20
Trump broke the promise that he made dozens of times while campaigning:
to stop the Ukraine-Russia war in 24 hours.
Trump has met with Russian President Vladimir Putin and Ukraine President Volodymyr Zelenskyy
but has yet to establish a peace deal.
As the fourth anniversary of Russia’s attack approached, delegations from both sides met in Geneva for U.S. brokered-talks in mid-February
but did not reach a resolution.
About 31% of Trump's campaign promis…
As regular Australians struggle, gas companies are making massive profits and paying minimal tax. It is perverse https://www.theguardian.com/commentisfree/2026/mar/24/australian-gas-companies-massive-profits-paying-minimal-tax
"Overall, more than 104,000 highly-paid tech employees have been shown the door in the last four months. Microsoft is offering a buyout to 7% of its workforce (8,750) while GoPro is dumping a quarter of its employees, Oracle is taking the hatchet to as many as 30,000 of its staff, Intel is getting rid of 24,000 and Amazon’s head-rolling count could end up being over 25,000."
.... ouch
Guess how much those tech companies pay in taxes? ....
makes one take up arm…
Interesting: Minneapolis is actually converting downtown offices to residential, not just using it as an excuse to cut taxes while not converting any, like San Francisco.
Sounds like a bad deal for the public, though. The new units are expensive, up to $4,695 for 1415ft², and to get them the city is waiving all affordability requirements, and MN is considering subsidizing through tax credits as well.
This gets especially interesting when you realize how there are several whole societies that are largely invisible to mainstream society. There's a whole bunch of law around monasteries which allow them to essentially operate almost entirely outside of the state. Similarly, Amish/Mennonite communities basically don't interoperate with the outside world most of the time. I lived on a religious commune for a bit (it was an Isis cult, which I wasn't really part of but that's a whole other story. And I'm not going to get in to the abuse elements of a lot of these because that critique is separate.)
A lot of these places can only exist because they don't have to pay taxes or comply with a number of laws. They often also can get government grants. There's a whole world of things that are built specifically to benefit Christian churches that can be subverted towards actually radical ends.
The US IRS is yet to issue guidelines on whether prediction market gains should be taxed as derivatives, gambling winnings, or income, worrying accountants (Kate Knibbs/Wired)
https://www.wired.com/story/nobody-knows-how-to-file-taxes-on-predi…
Trump is rushing to conjure up some new tariffs to make sure American consumers continue to pay his national sales taxes.
Doin' US taxes again. Super blah without a donut!!
Last year my personal filing was about 200 pages long. (We also do a separate corporate filing.)
And once again my taxes will far, far, far exceed the actual disposable income I have received.
Yes, this is an upper-middle-class, first world problem.. But I do hate paying what amounts to big wads of $$ to pay for El Cheato's destruction of the US.
The federal government’s revenue base is essentially a tax on human time. People work, firms pay them, the government takes a cut. Individual income and payroll taxes are the spine of receipts in normal years.
Indeed. Collapse in the labour economy causes a financial state collapse when the state is funded by a tax on labour.
Productivity is surging, but the gains are flowing to capital and compute, not labor.
Which would ideally mean you tax compute and capital but how's that work when compute and capital own the government already?
The output is still there. But it’s no longer routing through households on the way back to firms, which means it’s no longer routing through the IRS either.
@… Hey folks, only just catching up in the flx1s and the convergence hub and it sounds amazing for some of the Small Web demos I want to do this year. Any chance you’ll be in Europe with one to buy anytime soon? (Happy to travel somewhere and meet you folks in the EU to buy them rather than pay that amount in customs/tariffs/taxes/etc.) :)
Sounds like you’v…
There's no way I'll ever want to do my taxes, mate.
#productivity #businessbro #lifehack
There's parties that always want to build or widen highways while not spending enough on maintenance of existing ones, blocking road pricing, and trying to keep taxes low.
In the Netherlands, they're finding out that this doesn't work. Tens of billions needed for maintenance now.
https://nos.nl/l/2606596…
Every time I switch jobs, the inevitable "you messed up local taxes" happens. Fudge.
Ownwell, which uses AI to let homeowners appeal property taxes, raised a $30M Series B, bringing its total funding to $54M; it also raised $20M in debt (Mary Ann Azevedo/Crunchbase News)
https://news.crunchbase.com/venture/ownwell-raise-lower-homeowner-propert…
Just thinking of the excellent timing demonstrated by all European car makers who declared they planned on abandoning development of EVs in favor of ICE vehicles.
No worries though, we're paying taxes to bail out these idiots.
"yours is a gofundme waiting to happen" LOL OMG :-) so true
https://mastodon.online/@davidaugust/116106119593768664
Ah, filing taxes. That uniquely American form of torture. Land of the Free (to pay extra time and money for no good reason).
Clémence Dubois, 350 dot org, said: “The right response is a strong windfall tax, which should be redirected to support households and accelerate the transition to clean energy.
(...)Cutting fossil fuel taxes during a crisis is not a relief for families, it’s a subsidy for companies that are already enjoying windfall profits.” https://www.theguardian.com/business/2026/mar/15/oil-company-shares-soar-to-all-time-highs-as-middle-east-war-turbocharges-price-per-barrel?CMP=Share_AndroidApp_Other
Eliminate billionaires (thru taxes, they don’t taste that good) https://mstdn.social/@Npars01/116050051809082168
Every major party presidential nominee since Nixon had voluntarily released their tax returns
— Trump was the exception, not the rule,
and the “harm” he suffered was exposure to the same transparency his predecessors embraced without incident.
The original piece laid out why the whole thing was a scam:
Trump is the plaintiff,
the IRS and Treasury are the defendants,
and the DOJ defending those defendants is stocked with Trump’s former personal attorneys
Russia’s regions post record $19.9 billion deficit in 2025 as profit taxes fall and spending surges: https://benborges.xyz/2026/02/08/russias-regions-post-record-billion.html
Except, of course, Congress has forced them on DC...
States Say No Thanks to Trump Tax Cuts, Drawing Republican Fire - The New York Times
https://www.nytimes.com/2026/02/12/business/states-taxes.html?searchResultPosition=1
Pay Z: NYC Mayor Zohran Mamdani is still earning rap music royalties, tax filings show (Jake Offenhartz/Associated Press)
https://apnews.com/article/zohran-mamdani-taxes-rap-royalties-a14dc1b987d872eb5c8722ad82a9b125
http://www.memeorandum.com/260416/p139#a260416p139
I need to pick up a repaired snowblower tomorrow, and drop some stuff (gifts, taxes) off at the post office. By bike, as one does. Pick up the snowblower first, so I can park the bike loaded trailer outside the post office, people need to see that it's possible (easy, even). I seem to have sorted the electrical problem on the e-bike, which is nice.
#CarryShitOlympics
Commissioner Dan JŸrgensen: The EU is in a better position than in 2022, but the scale of the current shock to global oil and gas supplies is greater. Warns against lowering taxes on oil and gas, since that risks keeping demand high, putting pressure on supplies. https://www.…
FOX News' own poll has citizens - stunned by skyrocketing prices on gas, groceries & healthcare - calling B.S. on the GOP's lies about US prosperity through lower taxes on the wealthy.
Reminder: The midterm primary elections are coming. MAKE A PLAN TO VOTE.
https://www.usvotefoundatio…
India proposes zero taxes for foreign cloud providers through 2047 on services sold outside the country as long as they run workloads from Indian data centers (Jagmeet Singh/TechCrunch)
https://techcrunch.com/2026/02/01/india-offers-zero-ta…
Let's fuckin' go! Ship it!
https://www.seattletimes.com/seattle-news/politics/democrats-unveil-wa-income-tax-on-people-earning-over-1-million/
Is it just me, or do others find it odd to hear journalists say that the UK 'must' take action to protect 'ex-pats' who have chosen to evade their fair share of taxation by moving to the Gulf?
I think an appropriate response would be to say to them, yes, of course you can return to blighty if you pay off all the taxes you've evaded while you've been away, but if you choose not to, you're on your own.
finished 2025 taxes, gonna celebrate with a nap
Trump executed a bizarre
"reverse-reversal" on Friday, when he
🤣 re-endorsed
Rep. Jeff Hurd just four weeks after urging primary voters to deny the Colorado Republican a second term.
Hurd, Trump declared on Truth Social,
“will do a fantastic job as your Congressman, including Growing the Economy, Cutting Taxes and Regulations, Promoting MADE IN THE U.S.A.,”
and a long list of other things.
Trump’s litany could have been copied and pasted al…
Minor accomplishments for today
- I’ve all but filed my taxes, and I only needed to reset the password to my paystub provider. Just one last check needed before I press the e-file button.
- I’ve installed and started using the calorie tracking app recommended last week from a nutritionist appointment
- I walked to the nearby grocery store this evening, and carried home two bags of food.
If I do in fact have long-COVID CFS like I suspect I seem to be making progress again…
Has anyone written a history of developer fees? I'd be especially interested in their use by governments to maintain low property taxes. Bonus points if the history focuses on Canada.
#histodons #taxation #RealEstate
I'm shocked, shocked, that waiving the transfer tax on downtown office to residential conversions did not result in a single such conversion happening.
Well, not that shocked. (The real point of March 2024 Prop C was the sneaky provision letting the SFBOS reduce the transfer tax altogether without an election. Not to produce housing but to cut downtown landlords' taxes.)
Since the trumpies don't want to refund the illegal tariffs, perhaps we could pay our taxes with affidavits that say "pull the amount from my tariff refund"?
It looks like Dutch government will avoid the unbearable dumbness of lowering fuel taxes amid a supply crisis! More sensible measures include compensating kilometers driven for work, support for low income households, and more subsidies for insulating homes.
https://
🇺🇦 #NowPlaying on KEXP's #VarietyMix
Sharon Jones and the Dap‐Kings:
🎵 What If We All Stopped Paying Taxes?
#SharonJonesandtheDapKings
https://open.spotify.com/track/54wELgFR64NFOdRHJXBnsd
Meta emails advertisers about "location fees" in select European countries to cover digital services taxes, starting July 1; Google and Amazon have similar fees (Gian Volpicelli/Bloomberg)
https://www.bloomberg.com/news/articles/20
Taxes filed!
#adulting
In response to the growing global kerosene shortage, German government now plans to lower the taxes on air tickets 🤦🤦♂️🤦♀️
Fortunately, the taxes are ridiculously low, so this won't do much direct harm. But it's of course totally the wrong signal to give.
https://www.tag…
fuck, how is it (US) taxes get _more_ complicated every year?
I'm just catching up on the Ontario budget. It's all too predictable but still galling to hear the finance minister respond to Steve Paikin's question about whether there would be any circumstances under which raising taxes would be a good idea with: "can't think of one."
https://youtu.be/zCooBrcCLdM
A new analysis finds that tech giant Palantir Technologies paid no federal income taxes last year,
despite raking in hundreds of millions in taxpayer money to build out a mass network to surveil Americans
in partnership with the Department of Homeland Security (DHS).
Palantir, which has landed multiple massive contracts under the Trump administration,
made $1.6 billion in net income last year.
It grew so much last year that it joined the list of the 20 most valua…
Live updates: Trump talks taxes, tariffs and immigration in State of the Union address (NBC News)
https://www.nbcnews.com/politics/donald-trump/live-blog/trump-state-of-union-speech-2026-live-updates-rcna258811#rcrd101779
http://www.memeorandum.com/260224/p143#a260224p143
#Rant
Rob Shaw is solidifying his position as the new Dean of Right Wing, anti-Worker Legislative Reporters in British Columbia.
With these gems, it's incredible that he has an education or goes to a doctor at all…
"The BCTF is typically one of the most militant unions, and quickly prone to job action.”
BCTF Strikes since 2000:
2005
2014
phew! almost got to three!
Remember that this was at the time of a union-busting BC Liberal government that had to go to the Supreme Court of Canada to get told that they ripped up union contracts unconstitutionally and were *forced* to compensate many years later.
"The ratification is a win for a New Democrat government. And extraordinarily expensive for taxpayers, too."
“extraordinarily expensive. Really? How is a wage increase that is *barely* in line with inflation after literally decades of below-inflation increases, “extraordinary”? I'll wait.
"Teachers can thank the BCGEU for turning what was an initial 3.5 per cent wage offer over two years by government, into a more than 12 per cent increase over four that is now forming the baseline for all other union deals."
Indeed! For those who can do math, that means 3% each of 4 years instead of 3.5 over two. But thanks Rob for making it seem like 4 times more!
Thanks BCGEU members for your solidarity and perceverence! I have been on strike. It sucks HARD. But it was worth it and it works.
"The ratification by the BCTF means roughly half of the 450,000 public sector employees now have deals of some sort with the province. Two majors left on the table are nurses and doctors.”
Oh no! Let’s not pay doctors and nurses! Surely they'll stay regardless in our incredibly overworked and under resourced healthcare system!
Like how does Mr Shaw believe we are to stay competitive or attract people. Or is he just not worried about getting sick….
"The skyrocketing deficit has the NDP government inking sweetheart deals with organized labour on the one hand, while pledging to cut public sector jobs with the other.”
Ya, we could have kept those public sector jobs if it weren't for fools like you who demanded governments cut taxes over the past 20 years instead of reasonable rises to... again…keep up with inflation and retain service!
It is a crappy balancing act that the NDP is doing and I do not like a lot of it. At the same time as Mr. Shaw complains about "sweetheart deals" for people in post-secondary, I am seeing historic cuts in that same sector. It's a blood bath actually. So the potential wage increases are going to be welcome, but feel pretty hollow as so many collegues have left.
Rob Shaw would have had us all lose our jobs and take a pay cut at the next one for good measure.
Thanks but no thanks Rob, your world view sucks.
https://www.nsnews.com/economy-law-politics/rob-shaw-ndp-deal-with-bc-teachers-sets-another-costly-precedent-for-public-sector-talks-11966874
"The governor’s proposed 2026–27 budget includes no funding for existing affordable housing. Federal housing programs face deep uncertainty. Locally, San Francisco is staring down a structural deficit... In this context, proposals to eliminate transfer taxes and weaken development impact fees...are deliberate choices that would lock in housing scarcity for years to come."
Democratic senator Chris Van Hollen, viewed as a potential 2028 presidential candidate, will unveil a plan that he says would ensure roughly half of all U.S. workers pay no federal income taxes.
Sen. Chris Van Hollen of Maryland is expected to release the measure next week as Democratic lawmakers search for a sharp economic message to counter last year’s Republican tax law.
Under Van Hollen’s proposal, workers making at or below a “living wage”
— $46,000 for taxpayers filin…
Trump tips DoorDash driver $100 for McDonald's delivery at Oval Office to promote 'no taxes on tips' (Emily Goodin/New York Post)
https://nypost.com/2026/04/13/us-news/trump-tips-doordash-driver-100-for-mcdonalds-delivery-at-oval-office/
http://www.memeorandum.com/260413/p87#a260413p87
Some two dozen states challenged Donald Trump’s new global tariffs on Thursday,
filing a lawsuit over import taxes he imposed after a stinging loss at the Supreme Court.
The Democratic attorneys general leading the suit argue that Trump is overstepping his power with planned 15% tariffs on much of the world.
Trump has said the tariffs are essential to reduce America’s longstanding trade deficits.
He imposed duties under Section 122 of the Trade Act of 1974 after the S…
OpenAI unveils policy proposals for a world with superintelligence: higher capital gains taxes, a public AI investment fund, strengthened safety nets, and more (Amrith Ramkumar/Wall Street Journal)
https://www.wsj.com/tech/ai/what-to-know-a
Taxes are for things that we can best do together, organised via government. Given the large-scale challenges of climate change, security, and biodiversity, we'll have to do more together.
And yes, I'm aware that governments don't always spend the money wisely. Same for individuals, btw :)
“I’m not paying my federal income taxes this year,”
Rachel Cohen declared in a recent Instagram video that received more than 140,000 likes.
The 31-year-old lawyer in Chicago plans to put the $8,800 she owes the federal government in a high-yield savings account instead.
She doesn’t want to fund wars in Iran and Gaza or immigrationagents detaining her neighbors, she said.
Many commenters said they wanted to do the same.
Others worried about her. “I’ve gotten a l…
Note to Democrats: Paying taxes is not a moral failing (Paul Waldman/Public Notice)
https://www.publicnotice.co/p/democratic-tax-plans-2028
http://www.memeorandum.com/260407/p35#a260407p35
Lawmakers in Washington state this week approved a ⭐️new income tax on residents making more than $1 million
-- and could spur other states considering similar bills to approve their proposals.
Legislators in the Democrat-led Senate on Wednesday night approved the tax,
-- which will impose a 9.9 percent tax on earners making over $1 million per year and will fund education, prisons, universal school lunches and replace or reduce other taxes, among other things, Democratic l…
A new analysis released Thursday estimates that the average American taxpayer shelled out over
$4,000 to the federal government last year “for militarism and its support systems” such as the Pentagon,
whose already-massive annual budget is poised to surge to $1.5 trillion if Donald Trump gets his way.
The National Priorities Project (NPP) at the Institute for Policy Studies found in its latest annual Tax Receipt report that,
through their federal taxes, the average US…
Big Sky, big savings as rich motor through a loophole
Luxury car buyers in California and other states wanting their fancy ride but not wanting to pay sales taxes turn to Montana, -- which has no sales or personal property tax.
They register the car there, which they can do from anywhere with paperwork, and bring it back to their home state.
The Montana detour has become a well-known path for the rich to save some money on their Maybach and Maserati.
But California i…