Questions tagged [taxes]

Taxation consists of mandatory payments from taxpayers to the state.

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1answer
136 views

Should taxpayers be allowed to vote where their taxpayer dollars go? [closed]

I am pondering over the pros and cons of having taxpayers submit via popular vote which federal executive departments or agencies they want their tax dollars to be allocated towards. This would appear ...
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1answer
169 views

How long does it take for the IRS to finish an audit?

Trump's tax returns have been in the media ever since 2016. He said then that he could not release his tax returns because they were under audit. Three years later, they are apparently still under ...
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Is VAT on private school tuition fees against EU law?

According to a leaked source, the Labour government plans to introduce VAT on private school fees to pay for free meals for all primary school pupils. But isn’t this clearly illegal under EU law? The ...
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0answers
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What's the point on property taxes? [duplicate]

Why is it that in some western jurisdictions there's a notion of property tax? If a owner buys a property, why do they need to pay further and periodically for it, since it is namely theirs? I can ...
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2answers
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Are there polls on US public support for a wealth tax?

Various Democratic candidates, including Warren and Sanders have proposed a wealth tax. Details differ between these plans, of course, but are there any polls on US public acceptance of a wealth tax ...
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10answers
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Why is Trump releasing (or not) his tax returns such a big deal?

Why is it such a big deal that President Trump has not released his tax returns? Also, why would he make such a big deal about not releasing them, given that this just makes everyone more interested?...
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Brexit, EU tax evasion regulation, and the City of London

Articles (such as this one published by Foreign Policy and this one by BBC) and documentaries (such as 2017 film "The Spider's Web" described here) detail the history and extent of Britain’s "Empire ...
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0answers
168 views

Has the solidarity tax been successful in any country? [closed]

I have recently saw an older recording of an economist arguing that he does not know of any "successful implementation" of the solidarity tax. I have searched a little bit about this and found this ...
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1answer
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Is the social contract invalid if I change jurisdiction? [closed]

Can I move to a different place and nullify the social contract (just somewhere else)? Does this destroy the moral justification for taxes?
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2answers
751 views

Why not demand President's/candidate's financial records instead of tax returns?

What significance could the information in Donald Trump's tax return have to his campaign? addresses what information could be gleaned from Donald Trump's tax returns if he allowed them to be ...
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1answer
123 views

GST/VAT tax. Why some countries return tax to tourists?

Some countries return tax to tourists in airports. I don't understand it. Why is it happening? What was the logic behind the decision? Why is it only related to purchase tax and not to income tax? ...
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3answers
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Why states don't charge head taxes to reduce poverty? [closed]

Under current system, in most democracy, all people have a right to move anywhere. People in California have a right to move to Texas and via versa. We know that poor people are more likely to ...
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3answers
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What do the advocates of single payer claim are the advantages of eliminating private health insurance?

Elizabeth Warren, Kamala Harris, and Bernie Sanders have all trumpeted the original meaning of Medicare for All: a single-payer health care system. The Medicare for All Act of 2017, sponsored by ...
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2answers
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Are Common External Tariff levels in the EU 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
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Why isn’t the tax system continuous rather than bracketed?

In some countries like the US the tax system is bracketed rather than continuous. There would be some obvious trade offs, but would it be worth considering eliminating the marginal, bracketed tax ...
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3answers
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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
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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
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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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How is the excise border managed in Ireland?

There is a tax border between Northern Ireland and Ireland for excise. By "tax border" I mean a border across which tax is due. Although there has been a harmonisation effort within the EU for ...
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3answers
472 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 ...
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3answers
388 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'm wondering if any country has tried publishing the ...
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3answers
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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
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Is the President of the United States bound by state laws?

The state of New York is currently in the process of passing a law allowing Congress to access the state tax returns of elected officials and top appointed officials. This is seen as a potential "end-...
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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
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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
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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
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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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5answers
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Why did Roosevelt decide to implement a maximum wage through taxation rather than a simple ceiling?

In 1942, FDR asked Congress to implement a 100% tax on all incomes over $25,000 (around $375,000 today). This was backed by the unions and a clear majority of the voting public. In fact, such a tax ...
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2answers
455 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
286 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
242 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
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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
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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 ...
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1answer
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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
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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
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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
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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 ...