@Techmeme@techhub.socialIn Q2, "other income", mostly from investment gains, at Amazon and Alphabet totaled ~$121B after taxes and made up 66% and 71%, respectively, of profits (Jonathan Weil/Wall Street Journal)
https://www.wsj.com/finance/stocks/the-121
@scott@carfree.city
@stefan@gardenstate.socialI'm open to the idea that the California wealth tax is not the correct way to solve this problem. Yet I don't really hear any billionaire proposing and fighting for the "right way" to increase taxes on them.
@45names@mastodon.social
@rasterweb@mastodon.socialInteresting look at who pays what amount of taxes.
#wisconsin
@brian_gettler@mas.toPromise to raise taxes, especially on the obscenely wealthy, but on me too, and to invest the resulting funds in solid _PUBLIC_ institutions and infrastructure (not effin' subsidies for planet-destroying multinational corporations) and I will vote for you. It's really not that hard.
@marjolica@social.linux.pizza"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…
@45names@mastodon.social @Techmeme@techhub.socialStudy: Palantir's European units made €440.5M in 2024 revenue but reported sharply lower margins than its US operations, helping cut its European tax bill (Antoaneta Roussi/Politico)
https://www.politico.eu/article/palantir-funnels-earnings-us-avoids-e…
@cdarwin@c.imShopify CEO Tobias Lütke,
whose company commands a market capitalization near $154 billion,
told his social media followers this week that a tax-tiered voting system
—one that would strip voting rights from anyone who pays no income tax
—would be a “good system.”
That two-word endorsement,
dropped into a viral thread,
has reignited a debate over wealth, power,
and democracy that most Americans thought was settled more than a century ago.
Th…
@servelan@newsie.socialOops...
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
@gwire@mastodon.socialAlways great to hear a spokesperson for the “our enemies commit the worst crimes” party urging the government to increase public spending and cut taxes.
@wraithe@mastodon.socialWow, literal royalty paying more in taxes than some US Corporations. https://journa.host/@NatalieDavis/116816708824725444
@memeorandum@universeodon.comDeSantis 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
@mxp@mastodon.acm.org @mxp@mastodon.acm.org @mxp@mastodon.acm.org
@azonenberg@ioc.exchangeGot 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…
@thomasfuchs@hachyderm.ioOnly 3 things are certain in life:
1. Death
2. Taxes
3. eBay sellers that don’t know how to pack things
@Techmeme@techhub.socialDario 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
@aral@mastodon.ar.alJust 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!…
@hex@kolektiva.socialDistinct 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.
@markhburton@mstdn.socialMore #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…
@floheinstein@chaos.social"With my crypto system, you'll be rich in no time! I'm approaching a 7 figure income now, and thinking about moving to Switzerland to avoid taxes."
🇨🇭 : "OK, but don't expect any special treatment with such a low income."
@cdarwin@c.imPalantir Technologies,
one of the world’s most influential — and controversial — surveillance tech companies,
🔸enjoyed an effective tax rate of just 1.4% globally last year
🔸while paying no US federal income tax
despite recording substantial profits, an analysis released on Wednesday revealed.
The study, Who Pays for the Surveillance State?, was written by the Center for International Corporate Tax Accountability and Research (CICTAR)
in partnership with th…
@memeorandum@universeodon.comMassachusetts mayor accused of using a pandemic loan to fund election campaign and pay his taxes (Michael Casey/Associated Press)
https://apnews.com/article/brian-depena-pandemic-fraud-lawrence-e6041e21144c19c9ca554cc2121a94ad
http://www.memeorandum.com/260814/p70#a260814p70
@45names@mastodon.social
@izzychambers@vivaldi.net@… 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.
@jochenlingelba1@h-net.social‘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."
@Techmeme@techhub.socialJeff 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
@davidaugust@mastodon.onlineA 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
@villavelius@mastodon.onlineThis 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
@paulwermer@sfba.socialGood!
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…
@PaulWermer@sfba.socialGood!
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…
@kurtsh@mastodon.socialGambling, cheating their own health programs, bad side hustles & blowing cash on Lambos, Bentleys & houses...
Then whining about "taxes" that pay for community police, fire, roads & schools?
▶️ NBA and NFL Players Have Lost Touch With Reality - FlightMike
https://youtube.co…
@memeorandum@universeodon.comRed States Are Racing to Roll Back Property Taxes (Wall Street Journal)
https://www.wsj.com/politics/policy/red-states-are-racing-to-roll-back-property-taxes-bc0d6ea8
http://www.memeorandum.com/260812/p130#a260812p130
@jerome@jasette.facil.servicesI was in the Kawartha region this weekend and randomly drove down a road where I saw a bunch of unhinged signs about paying no taxes and MANY confederate flags.
We don't see a lot of those flags in Canada so I got curious.
Turns out the Guardian made an article on it.
https://www.
@Techmeme@techhub.socialSF 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…
@scott@social.linux.pizzathe state should double these payments. do not become another cautionary tale of underinvesting in water infrastructure.
https://share.google/v1Lg3zzlkPfyuA29o
@mela@zusammenkunft.net
@teledyn@mstdn.caSitting 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/
@kexpmusicbot@mastodonapp.uk
@chiraag@mastodon.online
@simon_brooke@mastodon.scotSuppose 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?
@Mediagazer@mstdn.socialIllinois 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
@steve@s.yelvington.comBrian Kemp has renewed the suspension of Georgia motor fuel taxes, effectively using the State Treasury to disguise the disastrous effects of Trump's War.
@cdarwin@c.imSpaceX reported Q2 2026 results with revenue of $7.8 billion versus $6.81 billion expected,
but the stock fell after the report.
It also posted adjusted EBITDA (earnings before interest, taxes, depreciation and amortization)
of $3.5 billion,
while heavy AI infrastructure spending drove a large AI operating loss and high capital expenditures
Following the earnings report, SpaceX's stock declined due to concerns over high capital expenditures and AI spending.…
@portaloffreedom@social.linux.pizzaDid we say it's very expensive already?
I'm guessing is just below 1000$ which including taxes and euros it goes beyond the 1000 mark.
@SmartmanApps@dotnet.socialRE: 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…
@memeorandum@universeodon.comBezos 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
@45names@mastodon.social @Techmeme@techhub.socialSources: an addendum to the bipartisan Clarity Act would force President Trump to divest from crypto businesses, letting him defer paying taxes on the gains (Bloomberg)
https://www.bloomberg.com/news/articles/2026-08-06/trum…
@servelan@newsie.socialMissouri voters reject Amendment 5 to phase out income tax and expand sales taxes
https://krcgtv.com/news/local/missouri-voters-reject-amendment-5-to-phase-out-income-tax-and-expand-sales-taxes
@scott@carfree.cityCalifornians! 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…
![Action Alert:
Cities like SF and Oakland rely on taxing luxury real estate sales to fund important public services, including affordable housing. But now, state legislators are hatching a backroom deal that would block that.
Voice bubble: "“As a [CITY] resident, I'm urging Senator/ Assemblymember [NAME] to reject AB 736. Transfer taxes provide vital revenue for affordable housing and public services.”](https://s3-us-west-1.amazonaws.com/carfreecitymain/media_attachments/files/116/807/437/695/210/037/original/2c4841c47afddb1c.png)
@memeorandum@universeodon.comTrump'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
@davidaugust@mastodon.online @45names@mastodon.social @wraithe@mastodon.social“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
@brian_gettler@mas.toMy 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!
@memeorandum@universeodon.comThe 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
@45names@mastodon.social @kexpmusicbot@mastodonapp.uk🇺🇦 #NowPlaying on KEXP's #MorningShow
Geese:
🎵 Taxes
#Geese
https://open.spotify.com/track/7r9BUOSnekEjrkMhmxD6Ae
@servelan@newsie.socialTrump tax returns get protection from IRS under fund settlement
https://www.cnbc.com/2026/05/19/trump-taxes-irs-doj-fund.html
@45names@mastodon.social @cdarwin@c.imThe National Defense Authorization Act (NDAA)typically passes in Congress each year with bipartisan margins.
But the $1.15tn defense policy billpassed in a near-party-line votein the House of Representatives on Wednesday has lawmakers on both sides of the aisle in an uproar.
That’s because the NDAA’s path to enactment this year has been complicated by the president’s decision to join Israel in attacking Iran without first seeking authorization from Congress
– a war that has…
@BBC6MusicBot@mastodonapp.uk
@ubuntourist@mastodon.social @memeorandum@universeodon.comTrump 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
@45names@mastodon.social @cdarwin@c.imThis 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…
@Techmeme@techhub.socialIllinois 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
@45names@mastodon.social
@pixelpusher220@dmv.communityhttps://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.
@losttourist@social.chatty.monsterUnexpected, but not unwelcome:
Millionaires including former footballer Gary Lineker and music producer Brian Eno have written to new prime minister Andy Burnham asking to be taxed more.
In an open letter, 120 well-off Britons told Burnham: "We can afford it. We're not talking about higher taxes on those who get up and go to work for their income every day, but on the very richest whose income is derived from the wealth they hold."
Organised by Patriotic Millionaires, the letter said it would lead to a more equal society, and urged a "devolution of wealth and power from the very richest".
#ukpol
@buercher@tooting.chThe result of Trumps war against Iran is that Iran can introduce taxes for the passage of the strait of Hormuz. Well done.
@45names@mastodon.social @memeorandum@universeodon.comGavin 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
@45names@mastodon.social @memeorandum@universeodon.comAmerica'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
@kexpmusicbot@mastodonapp.uk @45names@mastodon.social @45names@mastodon.social @memeorandum@universeodon.com25 states sue over Trump administration's latest tariffs, citing Supreme Court ruling (Associated Press)
https://apnews.com/article/tariffs-25-supreme-court-import-taxes-120895adbee7ae06157cd5f4bf5c7583
http://www.memeorandum.com/260803/p116#a260803p116
@45names@mastodon.social @memeorandum@universeodon.comDoes the Washington Post Want Democracy to Die in Darkness? (Michael Mechanic/Mother Jones)
https://www.motherjones.com/politics/2026/08/jeff-bezos-washington-post-opinion-wealth-taxes-unrealized-gains-taxation-democracy-dies-darkness/
http://www.memeorandum.com/260803/p107#a260803p107
@45names@mastodon.social @memeorandum@universeodon.comMedicare-for-all means taxes-for-all (Megan McArdle/Washington Post)
https://www.washingtonpost.com/opinions/2026/07/19/medicare-for-all-means-taxes-for-all/
http://www.memeorandum.com/260719/p6#a260719p6
@memeorandum@universeodon.comTariff revenue's $825B gap (Courtenay Brown/Axios)
https://www.axios.com/2026/07/24/tariffs-import-taxes
http://www.memeorandum.com/260725/p4#a260725p4
@memeorandum@universeodon.comBurnham Cuts Energy Bills Tax in First Cost-of-Living Help (Bloomberg)
https://www.bloomberg.com/news/articles/2026-07-21/burnham-cuts-taxes-energy-bills-ease-cost-of-living-burden
http://www.memeorandum.com/260721/p7#a260721p7
@kexpmusicbot@mastodonapp.uk @BBC6MusicBot@mastodonapp.uk @memeorandum@universeodon.comThe IRS Is Imploding -- In many years of paying taxes, I've never had a problem with the IRS. (Stephanie Mencimer/Mother Jones)
https://www.motherjones.com/politics/2026/07/the-irs-is-imploding/
http://www.memeorandum.com/260728/p80#a260728p80
