2026-05-15 20:01:30
Democrats blast Trump over 'slush fund' in possible IRS lawsuit settlement (Justin Papp/CNBC)
https://www.cnbc.com/2026/05/15/trump-irs-taxes-democrats.html
http://www.memeorandum.com/260515/p84#a260515p84
Democrats blast Trump over 'slush fund' in possible IRS lawsuit settlement (Justin Papp/CNBC)
https://www.cnbc.com/2026/05/15/trump-irs-taxes-democrats.html
http://www.memeorandum.com/260515/p84#a260515p84
Illinois Gov. JB Pritzker signs a state budget with new taxes on social media giants, digital ads, and prediction and crypto markets, all likely facing lawsuits (Mitchell Armentrout/Chicago Sun Times)
https://chicago.suntimes.com/springfie
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…
Illinois Gov. JB Pritzker signs a state budget with new taxes on social media giants, digital ads, and prediction and crypto markets, all likely facing lawsuits (Mitchell Armentrout/Chicago Sun Times)
https://chicago.suntimes.com/springfie
Brian Kemp has renewed the suspension of Georgia motor fuel taxes, effectively using the State Treasury to disguise the disastrous effects of Trump's War.
My Department has just published the most recent issue of its undergraduate journal. It's great! Included are student papers on women religious in 18th-century Montreal, trade and taxes in the English Commonwealth, Indigenous provisioning in the 18th-century fur trade, indentured labourers in Trinidad, gendered violence and women’s resistance in Postwar El Salvador along with a few other texts by faculty members.
Check it out!
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
@… Yeah, if you’re married, and you’re “P2,” your spouse does your taxes, but if this were relevant, they’d have to ask for this information.
P2 = the person that lets P1 declare their common taxes ;-)
@… Yeah, if you’re married, and you’re “P2,” your spouse does your taxes, but if this were relevant, they’d have to ask for this information.
P2 = the person that lets P1 declare their common taxes ;-)
If they stop collecting taxes on oil because of Agent Orange's wars, they should also give people who don't choose to drive a gaser a tax break. It's only fair.
Interesting look at who pays what amount of taxes.
#wisconsin
"Labour ‘not looking to raise taxes to fund benefits’ as Mandelson messages suggest, Cabinet Office minister Nick Thomas-Symonds has said."
https://www.theguardian.com/politics/2026/j…
Oops...
Could Trump be on the hook for taxes on his $1.8B ‘slush fund’? Some experts say yes | The Independent
https://www.independent.co.uk/news/world/americas/us-politics/trump-taxes-slush-fund-settlement-b2986001.html
Replace "tax" with "revolution insurance" whenever you're reading about taxes in the US, and it clarifies the stakes much better.
For example:
1) "'...the wealthiest folks...they're paying more for revolution insurance than the poorest folks. But are they paying as much in revolution insurance as they could pay to help run the country the way that we run it? And the answer to that is probably not,' said Anthony Infanti, a law professor a…
Wow, literal royalty paying more in taxes than some US Corporations. https://journa.host/@NatalieDavis/116816708824725444
Always great to hear a spokesperson for the “our enemies commit the worst crimes” party urging the government to increase public spending and cut taxes.
Blakeman: I'll dip into $3.8B Hochul 'slush fund' to lower NY taxes (Rich Calder/New York Post)
https://nypost.com/2026/05/09/us-news/blakeman-ill-dip-into-3-8-m-hochul-slush-fund-to-lower-ny-taxes/
http://www.memeorandum.com/260509/p32#a260509p32
"Star readers are well aware of the impeccable Thatcherite politics of Reform UK’s leader Nigel Farage and leading ex-Tory figures who have jumped ship to save their political skins.
But just how have these charlatans managed to convince poor people whose lives have been blighted by 30 per cent child poverty in Wales, that low taxes and more austerity to pay for it is the answer?"
The Welsh elections: the disillusioned have had enough | Morning Star
Jeff Bezos dismisses AI job fears, defends billionaires against "vilification", proposes eliminating income taxes for low earners, and praises President Trump (CNBC)
https://www.cnbc.com/2026/05/20/jeff-bezos-taxes-ai-corporations-trump.html
"As part of the BUILD Act announcement, Lurie also said city departments had been convened to determine “a more effective source of funding” for affordable housing within three months."
Nothing says good planning and a complete strategy than cutting revenues while waiting for people to dream up a new source of funds.
Plan to halve SF transfer taxes on big deals awaits details | Politics | sfexaminer.com
"As part of the BUILD Act announcement, Lurie also said city departments had been convened to determine “a more effective source of funding” for affordable housing within three months."
Nothing says good planning and a complete strategy than cutting revenues while waiting for people to dream up a new source of funds.
Plan to halve SF transfer taxes on big deals awaits details | Politics | sfexaminer.com
Proud to announce I'm a proponent of a ballot measure to use already voter-approved taxes on the rich to build affordable housing in SF!
Come to the kickoff Saturday at noon in Dolores Park! RSVP: https://luma.com/80dwzo8z
#Kurzgesagt has a new video about how Germany is doomed because of low birth rate and a soon to be defunct retirement system. So far so good but it's a bit concerning that they beat the "taxes are too high so people don't have children" drum and underscore it with this graph. But the tax rate based on income is a curve! Using a bar graph with 4 income brackets of different wi…
Got the official power numbers from my utility for the April billing cycle.
3572 kWh imported from grid, 200 kWh overproduction exported, for net 3372 kWh consumed/billed.
That is an all-time record for lowest power consumption (at least back to January 2024 which is the oldest bill I have easy access to).
Too bad it's also an all-time *high* for price per kWh - the effective price per kWh after taxes and fees hit 21.7 cents, a 15.4% increase since the start of the year…
Only 3 things are certain in life:
1. Death
2. Taxes
3. eBay sellers that don’t know how to pack things
Just switched my cell phone from Verizon to Visible, operated by Verizon. Saving about half my bill. And it's an honest $40/mo, not $40 plus $20 in fees and taxes. The big catch is you can't walk into a store or get phone support but I don't want or need that.
Distinct legal existence:
This is a distinct legal entity, such as an LLC. Your "church" will need a governing body to run the legal entity it's formed under. However you decide to do this, it must be spelled out clearly in filing forms. There are a lot of ways to "govern" a community, and, since diversity allows evolution, I'm not going to describe any of them.
Basically, all you need is *some* legal incorporation. This is important for the legal aspect (if you are trying to subvert the legal framework within the legal framework). You will need this in order to own bank accounts and property collectively, and you may need this to remove or reduce the influence of the dominant system on your collective governance of finances and property.
If you, on the other hand, just have a communal squat that operates economically entirely in black markets then I don't know why you're reading this.
(Fun fact, which I'm skipping to because I don't want to forget it: As I understand it, The Church of the Subgenious skipped a lot of this by including "paying taxes" in their definition of their church. They pay their taxes every year, and the IRS rejects their payment, which proves they're a church. OK, back to what I was talking about...)
Edit: One thing I forgot about this. There must be *at least 3 /unrelated/ people* named on the legal documents. That is the minimum number to be a legal church.
Just like Hitler didn’t carry out the Holocaust on his own, neither is Israel’s ongoing genocide in Gaza being carried out by Itamar Ben-Gvir and Netanyahu alone.
This is a nation state commiting a live-streamed genocide supported by the taxes of people in the US, the UK, and Europe (especially Germany).
We are all complicit and we will have to live with the collective shame for generations if we fail to stop it.
Stop the genocide!
Stop Israel!
Free Palestine!…
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…
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…
RE: https://mas.to/@brian_gettler/116506332823026464
Oh, and taxes. Brought to you by taxes. Of which many of us could pay more.
Dario Amodei outlines policy responses to AI's exponential progress across regulation and public safety, macroeconomics and taxes, science, geopolitics, more (Dario Amodei)
https://darioamodei.com/post/policy-on-the-ai-exponential
Trump's uphill climb on gas taxes (Ben Geman/Axios)
https://www.axios.com/2026/05/12/trump-gas-tax-suspension-iran-obstacles
http://www.memeorandum.com/260512/p26#a260512p26
I couldn't care less about a bunch of rich people in Brooklyn, I just read the article for the delicious drama. However, about halfway through the article, I started to see so many #FreeSoftware parallels.
1) Volunteers spend countless unpaid hours creating/maintaining something to better their community.
2) For-profit business packages it up as part of their offering.
@… Good idea. Maybe I will do the same. Doubt it will change anything, but it's worth a try. I've been thinking of selling my S&P 500 fund shares and buying something else, just for that reason. Want to avoid unnecessary taxes, of course.
‘An equal and habitable world is possible’: academics set out sweeping vision for planetary survival
Global report provides an alternative to climate breakdown, political extremism and economic tensions
"It offers a set of bold policy proposals, including hefty wealth taxes on billionaires, sharp reductions in working hours, a change in diets and a shift of investment from materially intense sectors like industry and mining to education and health."
This must mean a fundamental change for taxes. No tax on income from labour any longer, as there will be so much less. Instead, tax primarily on capital assets will become inevitable.
https://www.theguardian.com/global-develop
Good morning! Time to file my taxes!
Got my power bill for May. Net consumption was 2.73 MWh, an all-time low by a signficant margin (3.3 MWh in April 2026, and 3.77 MWh in July 2024, are the previous records).
The final bill after taxes and fees was $595, not *quite* an all time low (I paid $582 in July 2024) but that was for 3.7 MWh and I'm now paying almost as much for 2.7 - yay rate increases. If I can generate a touch more solar in June I might break the all-time low though.
Now if only I could generate thi…
SF voters reject the Overpaid CEO Act, a union-backed ballot measure to raise taxes on any large business where the CEO earns 100x more than the median employee (Bloomberg)
https://www.bloomberg.com/news/articles/2026-06-09/sa…
New York's $268 Billion Budget Deal Includes New Second-Home Tax (New York Times)
https://www.nytimes.com/2026/05/07/nyregion/hochul-taxes-budget-ny.html
http://www.memeorandum.com/260507/p31#a260507p31
Beware The #BillionaireAgenda
No taxes on billionaires.
Control all media.
Control all political parties.
Laws don't apply to billionaires.
Blame the results on migrants.
More #ContinuityStupidity this from Paul Johnson.
'"Growth clearly is the number one priority."
'He said: "That requires a lot of really quite difficult decisions in terms of not just increasing taxes but reforming taxes, reforming welfare, focusing investment on the things that are actually likely to get you growth, radically changing regulatory and p…
Suppose a government created a new fiat currency paid only as a universal #BasicIncome to all residents, and levied highly progressive taxes on property which must be paid in this new currency.
Would this work to redistribute wealth, or would it merely drive up rents?
Sitting here, in Canada, you read things, things like:
> "national governments can already implement progressive wealth taxes on their own. What is key is that they must tax in the same way all individuals and entities that have accumulated assets by benefiting from their country’s resources and infrastructure in the past, wherever they are located now (so that one cannot simply dodge taxes by leaving).
> "Individual countries can already move in this direction on their own, but obviously they could do even more with a coalition of countries for global justice. The larger the coalition, the more one can do and the closer one gets to the full Global Justice Platform."
… and you can understand why the bold entrance of @… ignored my asking "hey why do you ALL side-step Piketty?"
Is it because, sadly, none of the above fits their form of Canadian Value$?
Still, it is good to know SOMEBODY bothers to Do The Math.
https://globaljusticeproject.wid.world/
"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…
Did we say it's very expensive already?
I'm guessing is just below 1000$ which including taxes and euros it goes beyond the 1000 mark.
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
RE: https://mastodon.social/@augieray/116608172974389574
"The ultra-wealthy do whatever they can to hold on to their investments. Instead, they take out massive loans using their stock as collateral, live off of those loans, and avoid paying taxes on…
DeSantis Proposes Axing Taxes on Primary Homes in Florida (Daniel Cancel/Bloomberg)
https://www.bloomberg.com/news/articles/2026-05-27/desantis-launches-plan-to-eliminate-taxes-on-most-primary-homes
http://www.memeorandum.com/260527/p61#a260527p61
Good!
Gullah Geechee people offered chance to save family properties passed down through generations
https://www.theguardian.com/news/2026/may/29/gullah-geechee-property-tax-relief-act?CMP=Share_AndroidApp_Other…
Good!
Gullah Geechee people offered chance to save family properties passed down through generations
https://www.theguardian.com/news/2026/may/29/gullah-geechee-property-tax-relief-act?CMP=Share_AndroidApp_Other…
Trump tax returns get protection from IRS under fund settlement
https://www.cnbc.com/2026/05/19/trump-taxes-irs-doj-fund.html
A feature I'm in: Dependent's Day, a rom-com where she takes him as a dependent on her taxes and hilarity ensues.
If you're looking for a comedy: #film
“LIBERATING OUR CLIENTS FROM THE BURDEN OF BEING OVERTAXED, FREEING THEIR CAPITAL TO INVEST, GROW & THRIVE” 🤮
https://bsky.app/profile/did:plc:qlnirjwff4ibiw3wchmleszo/post/3mmbzj6ocyk2c
Bezos defends billionaires, hypes AI, talks taxes and praises Trump in CNBC interview (CNBC)
https://www.cnbc.com/2026/05/20/jeff-bezos-taxes-ai-corporations-trump.html
http://www.memeorandum.com/260520/p103#a260520p103
Californians! Can I ask you to make two calls *TODAY BEFORE 5PM* or Thursday morning to protect affordable housing funds?
#AB736 is a bill being rushed through that would give rich real estate investors a tax cut, slashing housing funds in SF, Santa Cruz and LA and preventing other cities from raising revenue this way.
Call your Senator and Assemblymember at their capitol office - you can…
🇺🇦 #NowPlaying on KEXP's #MorningShow
Geese:
🎵 Taxes
#Geese
https://open.spotify.com/track/7r9BUOSnekEjrkMhmxD6Ae
Trump's immigration crackdown could cost up to $479bn in lost taxes over 10 years (Alba Asenjo Dominguez/The Guardian)
https://www.theguardian.com/business/2026/may/18/trump-immigration-crackdown-lost-taxes-ice
http://www.memeorandum.com/260518/p48#a260518p48
This last week I proposed to the Board of Supervisors the creation of a SpaceX Launch Mitigation Fund for Santa Barbara county.
This would be created through $500,000 per commercial launch mitigation fee.
At 100 launches per year, this would generate $50 million annually in new revenue.
These funds would offset infrastructure strain, environmental impacts, public safety costs, and support community priorities
— without raising resident taxes.
– Each launch deli…
The hidden costs of low-tax states (Axios)
https://www.axios.com/2026/07/09/taxes-america-income-sales-taxes
http://www.memeorandum.com/260709/p27#a260709p27
https://www.advocate.com/politics/national/texas-judge-religion-gay-lawsuit
"People cannot be made — cannot be forced into participating in things that they have a religious disagreement with," said attorney Hiram Sasser of First Liberty Institute, a conservative law firm that helped represent Hensley.
Have I told you about my long and deeply held religious belief about paying taxes?
Seriously 'Religion' needs to be excommunicated from public life. A *public servant/JUDGE* has no 'Religious Freedom Rights' about doing their damned job.
Don't like it? Step the fsck down.
Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus (New York Times)
https://www.nytimes.com/2026/05/29/business/economy/offshore-tax-havens-trump.html
http://www.memeorandum.com/260529/p69#a260529p69
The result of Trumps war against Iran is that Iran can introduce taxes for the passage of the strait of Hormuz. Well done.
Yep, it's a #FireHoseUp, not a #TrickleDown #Economy.
What's wrong with a huge #WealthGap? Let …
Yep, it's a #FireHoseUp, not a #TrickleDown #Economy.
What's wrong with a huge #WealthGap? Let …
Gavin Newsom -- California governor candidates clash on taxes, Trump and healthcare in lively debate (Associated Press)
https://apnews.com/hub/gavin-newsom
http://www.memeorandum.com/260518/p107#a260518p107
America's missing middle: The shrinking 45-64 population (Russell Contreras/Axios)
https://www.axios.com/2026/07/07/gen-x-population-shrinking-taxes-economy
http://www.memeorandum.com/260707/p4#a260707p4