Questions tagged [taxes]

Taxation consists of mandatory payments from taxpayers to the state.

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14
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4answers
8k views

Why are German local authorities taxing DoD employees, despite the protests of the US and of the German federal government?

There's a pretty long military.com (Stars and Stripes) article on the matter of taxes on some DoD employees in Germany: The U.S. contends the situation amounts to a treaty violation, but so far ...
2
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2answers
456 views

State army in libertarian state

How would a state's army be paid in libertarian state? Would there be at least some taxes to pay for this?
2
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1answer
126 views

How do businesses operating in multiple countries in the EU account for different tax rates in different countries?

How do all the different European Union countries maintain their different laws while being a part of the Schengen zone? How much freedom is given to European countries to determine their own tax ...
6
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2answers
8k views

Do E.U. employees pay tax on their salaries?

Do they pay tax in Belgium, their country of origin or a special E.U. tax?
9
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3answers
3k views

How much freedom is given to European countries to determine their own tax rates?

https://taxfoundation.org/top-individual-income-tax-rates-europe-2019/ According to this link, different European Union countries have different tax rates. But don't EU laws and the EU government in ...
18
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1answer
350 views

Did US make any significant fiscal changes following Panama Papers disclosures?

The Panama Papers disclosure was a huge scandal, so there were many reactions. This article illustrates Barack Obama's reaction to this: Barack Obama is launching a crackdown on international tax ...
0
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1answer
152 views

US Crypto Infrastructure Bill: Bad for privacy, but is it meant to generate revenue?

Per my understanding, the main consequence of bill for crypto is that it imposes a tax requirement on proof-of-stake validators, protocol devs etc, to report taxes on people who transact with the ...
12
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6answers
2k views

Has high taxation of the rich been sustainable as an economic policy?

One of the backbone philosophies of the recent Labour party campaign was higher taxation of high earners (those earning above £80'000 per year to be precise). Has very high taxation of high earners ...
1
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0answers
74 views

Why are African countries using direct and indirect taxation against their farmers to tax them at a rate twice as high than anywhere in the world?

Why are African countries using direct and indirect taxation against their farmers to tax them at a rate twice as high than anywhere in the world? I found this in a research paper entitled Why kill ...
-5
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4answers
510 views

Is income tax specific to democratic countries?

I was wondering, the US has income taxes, but many Arab countries do not. While many Arab states are considered frontier markets, others like the UAE and Qatar are considered emerging markets. Yet, ...
28
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8answers
4k views

What are the reasons for people to oppose Basic Income Guarantee?

The people of Switzerland will probably vote on implementing a citizen's income. The idea does not, of course, have universal 100% support. For some people (e.g. high income earners) there seem to ...
18
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4answers
4k views

Why did the U.S. government lower the funding of the IRS?

Also needed: better tax enforcement through restored and increased funding of the IRS. An expert review of data released by the Congressional Budget Office and the Treasury Department indicates that ...
3
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2answers
170 views

What is the reasoning behind duty free allowances?

Most countries allow travellers (whether visitors or returning travellers) to import stated limits of goods, alcohol and tobacco into the country free of duty and tax. What is the reasoning behind ...
4
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1answer
299 views

Is it true that in Paradise, Nevada the services for streets, sewer, security and energy supply are private?

In Paradise, Nevada, The Clark County Commission is the governmental organization that governs and runs Clark County, providing services. Paradise is an unincorporated area. I heard that the services ...
11
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1answer
871 views

How tightly can a 501(c)(3) and 501(c)(4) operate as the same organization?

For example, 350.org is a 501(c)(3) non-profit organization (according to its footer, bottom right) but signing up for its e-mail list or otherwise supporting it means a person would also wind up ...
6
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1answer
201 views

Why are the "Single" and "Married Filing Separately" tax brackets slightly different for high earners?

I just noticed a slight discrepancy between the US Federal tax brackets for Single filers and those for Married Filing Separately. From this Morgan Stanley pdf: These are identical up to the last tax ...
6
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1answer
173 views

Do people without children spend longer time in retirement homes?

This came up when discussing the 'Pflegereform' in Germany. Everyone has to pay a proportion of their income and this tax is used to help pay for the cost of retirement homes for old people. The ...
11
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1answer
1k views

Would Obama's viewing Trump's tax returns be seen as overstepping his authority?

26 U.S. Code § 6103(g)(1) says that the President can request tax return information from the IRS: Upon written request by the President, signed by him personally, the Secretary shall furnish to ...
5
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2answers
164 views

What are some mechanisms that can be used by the EU to force countries to abide by a minimum tax rate?

https://nltimes.nl/2021/06/06/netherlands-favor-g7-plan-eliminate-tax-havens Vijlbrief also said he is working on implementing the agreement as soon as possible in the EU. The G7 countries all ...
12
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3answers
579 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 ...
4
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0answers
161 views

Will most Michigan families get a tax hike due to the new tax bill?

Debbie Stabenow, US Senator for Michigan, claimed Thanks to President Trump and the Republicans, most Michigan families will get a tax hike. Looking at the proposed tax brackets I don't understand ...
6
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1answer
1k views

Biden's goal is 15% minimum tax rate, when Corporate Tax is already higher?

I do not understand the Biden Corporate Minimum Tax Rate proposal. Biden wants to set it at 15% per this article and few others. However, the minimum corporate tax rate is already 21%. Wikipedia ...
14
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2answers
1k views

Is Biden's assumption that the Capital Gains Tax increased on April 28, 2021 an ex post facto law?

The Wall Street Journal recently reported that Biden's budget appears to assume that the capital gains tax increased on April 28, 2021. The article states that whether this is true depends on whether ...
24
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4answers
5k views

How is Switzerland able to maintain low tax levels?

Looking at the countries with the lowest tax rate we can see many countries that derive their riches from oil supplies and thus can afford to have a low income tax rate and a low VAT rate. But there ...
3
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1answer
147 views

Is this WA tax with an opt-out option unique in the world?

Washington State recently introduced a new tax which has the unusual property of allowing a one-time opt out if you purchase private insurance instead: Under current law, you have one opportunity to ...
26
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3answers
5k views

How do states with no state income tax like Florida or Texas generate tax revenue?

How do states with no state income tax like Florida or Texas generate tax revenue? Do they have higher property tax or sales tax? I compared their property and sales taxes with other states with ...
18
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1answer
6k 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 ...
11
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1answer
641 views

How much of the deficit would be reduced by increasing taxes on the top 1% to 1990s levels?

President Obama has talked about raising taxes on the super-rich as one way to balance the national budget. This New York Times opinon piece says: We can achieve significant deficit reduction ...
0
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1answer
154 views

What is the average net income in Germany? [closed]

According to oecd.org, the net income of a single person at 100% of average earnings (no child) after taxes was 42,697.59 US dollars. But when I look at de.statista.com, they state that the average ...
11
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6answers
3k views

How does libertarianism challenge a "property is theft" counter-argument to a "tax is theft" argument?

An argument commonly ascribed to libertarianism runs as follows: Property is the right (either shared or exclusive) to enjoy the benefits of a particular resource. Theft is the non-consensual ...
2
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1answer
208 views

Arguments for and against forcing religious organizations to pay taxes (United States) [closed]

In the United States, currently, religious organizations are not required to pay taxes The first amendment doesn’t prevent religious organizations from paying taxes, link https://www....
0
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1answer
193 views

How does one determine the source of funds (money) for a government expenditure?

When a government decides to spend money, they have 3 primary choices (please correct me if I'm mistaken): Spend money they already have (from taxes) Borrow money (from people/organizations within ...
4
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0answers
164 views

Are there indications that the French government considered a carbon fee-and-dividend to assuage the yellow vests?

A key reason for the yellow vest protests was that poorer households would have been proportionally more impacted by the proposed fuel tax increases. Carbon taxes are generally regressive, i.e. impose ...
26
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6answers
5k views

What prevents a government from taxing its citizens living abroad?

South Africa recently introduced new legislation that means many citizens working abroad that were previously exempt from paying income tax are now required to do so. It is also common knowledge that ...
3
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2answers
505 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 ...
26
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12answers
5k views

How would one justify public funding for non-STEM (or unprofitable) college majors to a non college educated taxpayer?

I'm curious what kind of arguments one could give to justify to someone without a college education that they would have to pay for someone else's education that they themselves never received. With ...
16
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8answers
4k views

Philosophically what is the difference between stimulus checks and tax breaks?

For example, Republicans are for tax cuts, and Democrats are against them. On the other hand, Democrats are for stimulus checks and Republicans against. But the net effect of both seems to be the same,...
4
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1answer
662 views

More Than 40 Years Later---1040 Capital Losses are Still Capped at $3000 (Politically, Why?)

A couple of days ago, I posted this question on the LAW stack exchange: https://law.stackexchange.com/questions/59618/when-did-u-s-tax-code-limit-the-personal-capital-loss-deduction-to-3000 From a ...
2
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2answers
305 views

Is it economically viable to replace property taxes and consumption taxes with local income taxes? What are the downsides of such a proposal?

In the United States, most counties and cities levy property taxes and consumption taxes to fund local budgets. Consumption taxes are regressive, and property taxes can be burdensome on senior ...
1
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4answers
660 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 ...
15
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4answers
4k views

What does it mean when something is said to be "owned by taxpayers"?

There are 470,000 results on Google Search for "owned by taxpayers". Some excerpts: RBS remains 62% owned by taxpayers after a 45 billion pound bailout in the 2008 financial crisis. (...
5
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0answers
152 views

Is any government considering taxing remote work more than "regular" work?

Deutsche Bank proposed a 5% tax for remote work as remote workers enjoy several benefits such as more safety (e.g. from COVID), reduced costs due to less traveling and less socializing. A research ...
12
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2answers
391 views

Why is active income taxed more than passive income?

In the United States, ordinary wage income is taxed at a much higher rate than capital gains. It changes from year to year but in general the maximum bracket is 35% vs 25%. This is counter intuitive ...
6
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5answers
2k views

Does lowering the capital gains tax encourage investment and increase economic growth?

Capital gains are taxed lower than other types of incomes in several nations.The rationale I have heard for this is that a lower tax on capital gains is supposed to encourage investment and increase ...
9
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1answer
395 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 ...
4
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1answer
103 views

What advantages does a super PAC enjoy compared to other corporations/nonprofits, especially 501(c)(4)s?

Sorry if this has already been addressed: If I understand correctly, US corporations can make unlimited independent expenditures on US elections after Citizens United v. FEC. Again if I understand ...
66
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26answers
21k 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 ...
5
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1answer
271 views

How can governments convert informal work into formal work?

In Argentina, it is estimated that about 48% of all work is informal or off-the-books work which is not reported to the government or properly taxed. This hurts the government's tax revenue and can ...
10
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3answers
2k views

Can a reduction of employer taxation lead to more equal income?

In Argentina, it's usually said that the economic burden on employers is very heavy (just an example). So much so that, if it were lifted, more people would become employed, but I don't quite ...
-7
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4answers
318 views

Why is avoiding, or even evading, taxes by elected U.S. officials a big deal? [closed]

In United States, politicians often criticize each other for allegedly avoiding, or even evading, taxes. For example, Donald Trump heavily criticized President Barack Obama for paying only 20.5%: …...

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