Questions tagged [taxes]

Taxation consists of mandatory payments from taxpayers to the state.

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Are Common External Tariff levels agreed via qualified majority voting or unanimity?

Are Common External Tariff levels decided by qualified majority in the Council of Ministers? Or are these classified as taxation and therefore need unanimous agreement?
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8answers
8k views

Why isn’t the tax system continuous rather than bracketed?

It seems tax brackets are beneficial to those earning just under each the tax bracket while being detrimental to those earning just over a bracket. Discrete brackets may also disincentivize earnings ...
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3answers
173 views

Can a government tax “land”?

This question is inspired by this other question also on Politics SE. My understanding of the way US law works (or in fact most property law in most of the developed world) is that, for various ...
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13answers
6k views

What is the logic behind charging tax _in the form of money_ for owning property when the property does not produce money?

I know that people living in comunities cooperate with each other when it comes to expenses to maintain the comunity. From what I understand, taxing property is a practice that started since before ...
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1answer
123 views

How many US states still prohibit transportation of alcohol across state lines without a license, even for personal use?

Apparently Ohio still prohibits transportation of alcohol (even for personal use) across its state lines, without a license ("H permit"), while Pennsylvania legalized it in 2015/2016 and Iowa was ...
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3answers
2k views

How is the excise border managed in Ireland?

There is a tax border between Northern Ireland and Ireland for excise. How is this managed currently?
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3answers
449 views

Would taxing land be more simple than taxing income?

Why does US seem to have such a convoluted tax code? This one says that the US have 70k code. Most of which are loopholes for lobbyists I bet. Most make sense. I am a tourist that go to US for ...
3
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1answer
186 views

Has any country ever tried publishing the effective tax rate paid by its citizens?

I understand that Norway publishes the tax returns of all citizens, but this might be seen as unfair by some as it reveals individual's income. I wondered if any country had published the percentage ...
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3answers
379 views

Does the US have a “Beauty Tax” on property?

Investopedia says that making your house look pretty is likely to cause an increase in taxes. ..more attractive homes often receive a higher assessed value than comparable houses that are less ...
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3answers
327 views

Why is there no “tax relief program” (for real estate property in many US states) for the poor like they have for the people over 65?

The fact that we help the poor and homeless with shelter, foodstamps.. etc, but at the same time we take away the (paid off) houses owned by people who live on an equally poor budget (under the ...
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2answers
218 views

Can a US city charge money for people wanting to live there? [closed]

For example, A mayor may say, only residents can vote. And each resident must pay $20k to buy residency at market price. Can a mayor do that? In general, is it possible that a city is "privatized" ...
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5answers
606 views

How can governments justify taking income tax on earnings, and then taking more tax on spending? [closed]

I have always had an issue with the concept of governments taking a percentage of an individual's earnings, and then when the individual tries to spend the remaining money, governments take a ...
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1answer
144 views

Is there evidence that the Mueller Investigation looked into Trump's taxes?

On April 24, 2019, the Washington Post wrote an article titled "Trump suggests Mueller ‘checked my taxes,’ despite no mention of them in report": President Trump suggested Wednesday that special ...
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2answers
412 views

What reasons (if any) were given by Democrats when the Ways and Means chairman requested Trump's tax returns?

This is fundamentally the same question as another one recently asked here, but unlike that (quickly closed) formulation I won't try to [pre]provide any counter-arguments to the Democrats' recent ...
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2answers
3k views

Is there a documented rationale why the House Ways and Means chairman can demand tax info?

The BBC says: House Ways and Means chairman Richard Neal said failure to comply with the new deadline would be interpreted as a denial of request. One of Mr Trump's top aides said last week ...
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1answer
183 views

How does the public know that many large corporations paid zero Federal tax last year?

So the press is reporting that many large corporations paid zero Federal taxes see here for 2018 under the tax act passed under the Trump Administration. Considering the concern that people have ...
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4answers
621 views

Why do many countries not offer a fixed rate 30 year mortgage?

I recently moved from the US to the UK and was bewildered by the myriad subtle and not so subtle differences in mortgage products offered by banks. It struck me that the variety of federal ...
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1answer
87 views

What happened to the proposal that Airbnb and similar businesses should report client data directly to the Norwegian Tax Administration?

I read about a proposal that Airbnb and similar businesses should report client data directly to the Norwegian Tax Administration. I find lots of news about the proposal itself, but no news about the ...
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25answers
20k views

What reasons are there for a Capitalist to oppose a 100% inheritance tax?

As I understand it, most capitalists would argue that the reason the rich deserve their wealth is that they have worked for it, and the fact that they have managed to gain such wealth shows that they ...
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7answers
8k views

Shouldn’t conservatives embrace universal basic income?

Andrew yang, a Democratic candidate for president current this date, has made universal basic income the foundation of his platform. This appears to be accepted as a “far left” idea. However, the way ...
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2answers
124 views

Implication of governmental taxes

Are governmental taxes (federal or state) which an entity pays considered a debt [owed to its government] or is the entity merely giving the government its share? E.g. a person is taxed 30% on his ...
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2answers
3k views

Some of the people in my town pay no taxes, what can I do about it? [closed]

I recently moved to a new town and I found out that some of the residents through favoritism or being connected are paying no property taxes. For example, in one case there is a property worth about $...
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3answers
359 views

Why would big countries like the UK tolerate their own tax havens?

I understand that small countries like Monaco or Andorra won't be able to offer a competitive advantage unless they offer some fiscal benefits, which they do for the whole country. However, in the ...
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2answers
160 views

The European Commission proposal to end the veto on tax policy

The European Commission has announced its plan to scrap the member state veto on tax policy. This was immediately rejected by Ireland, a country whose economic model is backed by tax-haven status. ...
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3answers
478 views

How could a wealth tax (not income tax) be implemented to make evasion difficult?

Recently liberals and conservatives alike have floated returning to the high marginal income tax rates of the mid 20th century, as a method to help reduce inequality in the United States, among other ...
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3answers
487 views

Why is it assumed that higher taxation leads to reduced incentives?

This is probably the argument offered against high taxation that I hear the most: it reduces incentives to work harder, hence ultimately hurts the economy. What is the justification for this? I'm ...
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2answers
152 views

Government collects environmental protection charges. Why?

I am reading up on Environmental Impact Assessments (EIAs). I have learned that for every project an EIA is to be done after a careful assessment which includes screening, scoping, impact prediction, ...
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3answers
275 views

What is the relationship between government expenditure and the quality of life?

Can we say, in general, what is the relationship between relative government expenditure (or the total taxation) and the average quality of life?
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3answers
234 views

Why doesn't the EU collectively establish taxation based on profits gained in a country?

As I understand it, the problem with corporations taxation is there are international agreements countries would not tax products in the country where the enterprise isn't registered. So wouldn't it ...
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2answers
340 views

Why doesn’t the U.S. have a bracketed corporate tax?

This might be a question better-suited for Economics StackExchange, but I figured I'd try my luck here first. In the U.S. we have a bracketed tax system for personal income tax, which serves to ...
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1answer
258 views

What were the positive and negative effects of the French ISF?

The Impôt de Solidarité sur la Fortune (ISF, or wealth solidarity tax), is easily the most controversial part of French tax policy, and its removal by Emmanuel Macron was probably the most ...
5
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1answer
4k views

What are the reasons presented by the French government to explain why the price of diesel fuel increased so much in France?

Many media channels are covering the "fuel protests". According to BBC, the main reason behind these protests is fuel (especially diesel) prices raising: The price of diesel, the most commonly used ...
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1answer
5k views

Why are gambling winnings not taxed in the United Kingdom?

I recently moved to England and was somewhat surprised to learn that gambling winnings are not taxed. A Google search reveals this article from Forbes that explains that such a tax would be at most ...
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1answer
78 views

Why are services by self-employed people and employees taxed differently in the UK?

In the UK workers are taxed differently based on whether the work arrangement looks more like self-employment or employment. Here's an example by HRMC for self-employment: Alan is taken on by a ...
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5answers
1k views

What are the arguments for and against a flat income tax rate?

Let's say that the national income tax is 5% for everyone with no loopholes (i.e. no tax reduction). In theory the rich would contribute more to total tax revenue. What are the arguments for and ...
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4answers
551 views

How do social security payments compare to investing the same amount of money in treasury bonds?

Social security tax is about 12% of income. The average income in 1950 was about 3k adjusted for inflation. If someone in 1950 worked a full career (30 to 65) and invested at a typical 10y treasury ...
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2answers
271 views

Why can't countries print money to maintain their budgets instead of using taxes?

Theoretically speaking, developed countries like the US could abolish all forms of taxation (short of taxes on imports, where applicable) and simply print as much money as necessary for the government ...
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2answers
194 views

Would federal agencies have enough power to run the country without the government?

Essentially all the federal agencies have control over their spending. The DOT can raise revenue by road tolls, DOE has royalties, Medicare/ss can garnish small amounts of wages that aren't worth ...
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2answers
256 views

When was the last significant repudiation of the Hamiltonian reading of the Tax Clause?

In the US Constitution, the Tax clause, found in Article I, Section 8, Clause 1 is: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and ...
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3answers
285 views

Does tax amnesty have any benefit except for potentially uncovering undeclared wealth?

Reading the Wikipedia article about the tax amnesty, my understanding is that the main benefit of a tax amnesty is to encourage individuals to declare their wealth: Introduction of Amnesty scheme ...
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0answers
223 views

Are there precedents for the EU fining the UK for undervalued Chinese imports?

With all the Brexit talks, this has become a barely noticed case, but it might be relevant for future border relations between UK and EU: Britain faces a potential €2 billion bill from Brussels ...
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2answers
200 views

The state's answer to the automation of job [duplicate]

Now we've learned the capitalist's answer to automation, what could be a democratic state's answer to it? automation means, same or more work can be done in less time state is faced with more ...
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1answer
59 views

Where can I find a fiscal year to date and year over year chart of federal tax revenues?

I am interested in analyzing the impact of the Tax Cuts and Jobs Act of 2017 on federal revenues so far in FY 2018.
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1answer
99 views

Do any states within the U.S. plan to introduce legislation which would enable a deduction similar to the Qualified Business Income (QBI) deduction?

I understand that the Qualified Business Income deduction, introduced into law by the Tax Cuts and Job Act of 2017, is applicable at the federal level as a 20% deduction of qualified business income ...
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3answers
939 views

Any problems with zero corporate income tax?

Larry Kudlow (who is currently Trump's National Economic Council director) had proposed in 2014 zero corporate income tax, arguing that Readers know that corporate tax reform is my single-favorite ...
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2answers
347 views

How can French politicians prevent the US from collecting taxes from expats?

According to 20minutes.fr : « Le problème principal, c’est que la fiscalité américaine est basée sur la nationalité, en contradiction avec les règles de l’OCDE, estime l’eurodéputée française ...
4
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1answer
116 views

Which OECD rule(s) do citizenship-based taxations contradict?

I read on 20minutes.fr (mirror) that some French politicians are trying to pass a law exempting dual US+French citizens living in France from US taxes: « Le problème principal, c’est que la ...
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1answer
163 views

By whom and how was Eritrea sanctioned for having a citizenship-based taxation?

I read on 20minutes.fr (mirror) that some French politicians are trying to pass a law exempting dual US+French citizens living in France from US taxes: « Le problème principal, c’est que la ...
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2answers
148 views

Why would some jurisdictions allow international visitors to apply for tax refunds?

I was browsing the Wikitravel article on Las Vegas and read this: Like most U.S. states, Nevada has not implemented a tax refund mechanism for international travelers. This got me wondering, and I ...
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0answers
43 views

Tax change estimates in government documents [US]

I am conducting research that involves gathering estimates of the effects of changes to the tax code in the US. In particular, I am interested in using contemporary, publicly available government ...