Remember the 2025 Small Business INSTANT DEPRECIATION TAX BREAK
Office furniture, certain vehicles, computers and off-the-shelf software are typically considered deductible expenses.
https://rosecoveredglasses.wordpress.com/2025/06/23/remember-the-2025-small-business-instant-depreciation-tax-break/
#smallbusiness #taxbreak #depreciation
I have to quote #GregJericho at length here because were I to paraphrase him, I would be hard pressed to ‘sound’ different:
“We’re told the real evil is taxing “unrealised capital gains”. These are the increases in the value of the assets held in your super that you have yet to sell (or “realise”).
And look, I can understand how bad it would be.
Imagine if, for example, Centrelink had a record of every share you owned and every six months calculated their value, or if you had to let Centerlink know if the value of your non-financial assets went up by more than $1,000.
Outrageous! Unprecedented! Communism!
You would think after nearly three years of being wrong, the RBA might start to question its economics. But no
Oh wait, sorry, actually that’s what people on the age pension already have to do.
We have a system where it is considered right that the poorest people in Australia are penalised if their assets go above $314,000 but where parts of the media come out against a proposal that if someone’s super goes up $314,000 in a year from $3m they should pay $4,462 (1.4%) in tax.
Please. The only reason there is so much outrage over this is if the rich and vested interested are annoyed people might realise just how big of a rort they have” (Source: https://www.theguardian.com/business/grogonomics/2025/may/29/superannuation-super-debate-australia-tax-system-built-for-the-rich? )
It’s a great article. Well worth the read even if you already agree with Greg’s position on taxes.
We all need to get a grip. Don’t believe the hype fed you by #MSM, you’re being fooled if you do. In my view, the modest decrease in the #taxbreak enjoyed by those wealthy enough NOT to need it, it’s peanuts, crumbs, reject-pile crumbs. Those grifters should not be enjoying any tax breaks at all — IMO.
https://www.youtube.com/watch?v=g_QFIp5s2OU&list=PLocc5Mp7hk0nUvoYhTKgn99CAeM6qmYt3
#DaveNeal #TheRushHour two 21 May
11.36 min. mark U.S. #GerryConnolly died of cancer .
12.50 min mark #JollyGoodGinger says U.S. gov tries t pass bills late at night, but protesters are there chanting ' the people are watching'. #TaxTheRich
14.44 min. mark #U.S. Rep. TeresaHernández calls out jackass U.S. Rep. #JasonSmith for refusing to read the part of the U.S. Nazi Party bill (#GOP) that gives a #taxbreak to ...wait for it...TANNING SALONS 😠
#TanningBedsVsHospitalBeds (page 901, line 20 of the bill) #901line20 (Video from #TheTennesseeHoller)
18.16 min. mark : Trump is an arsehole. President of #SouthAfrica #CyrilRamaphosa tells the truth during press conference to Trump's face.
then Trump acts like child and jumps on #NBC's #PeterAlexander for asking about #QatariPlane 🤪
22.33 min. mark WHY did the U.N. retract the Aid Chief 's statement abt 14 000 #Gazan babies risking death w/in 48 hour period w/out aid? It's still a #warcrime to #WeaponiseStarvation.
25.26 min. mark: (Dear Dave Neal, Hamas r not using human shields or tunnels under hospitals. Gaps in knowledge No one's perfect) Here's a 60 Minutes interview w/doctor who was in #Gaza. watch this excerpt.#Gazans r STILL not getting aid. #FreePalesineNOW🇵🇸
Skelton – Tax Break, Bone Shake ☠️
#skelton #notfail #comics #webcomic #comicstrip #skeleton #tax #taxes #taxbreak #taxrefund #taxmoney #teriffs #buy #car #newcar #buynewcar #hotwheels #boneshaker
The Guardian US: #House narrowly passes #Trump-backed Republican spending bill – US politics live
#Medicaid gutted, to give twice as much of a #taxbreak to the rich.
https://www.theguardian.com/us-news/live/2025/feb/26/donald-trump-mike-johnson-republicans-democrats-spending-bill-elon-musk-doge-us-politics-news-live
GST holiday tax break sparks mixed reactions in Saskatchewan
A new federal GST holiday kicked off this weekend across Canada, offering a temporary tax break on certain goods and services.
#GSTholiday #taxbreak #Saskatchewan #Canada #News
https://www.cbc.ca/news/canada/saskatchewan/gst-holiday-saskatchewan-shoppers-1.7411225?cmp=rss
Trudeau’s GST Tax Holiday: A $10 Billion Illusion?
Trudeau's GST tax holiday is a deceitful illusion, distracting Canadians from spiraling debt. While 31 million taxpayers bear the burden for a paltry $250 rebate to a few, the government racks up staggering costs, with misguided spending plans tipping us into financial chaos. It's time for Canadians to wake up and demand accountability! #Trudeau #JustinTrudeau #GST #Tax #TaxBreak
https://macsopinion.com/trudeaus-gst-tax-holiday-a-10-billion-illusion/
Don’t assume you know what the HST tax break applies to. It’s a bit tangly. The good news is that children’s clothes and diapers are included in the HST-free list. #cdnpoli
#nlpoli #HST #taxbreak https://www.cbc.ca/news/politics/gst-hst-holiday-how-it-works-1.7407763
The number of businesses I've talked to who are unaware of the Canadian tax break is quite high. I'm not sure the government is doing enough to ensure cooperation with the program.
Something tells me I'll be asking every business prior to even looking around or ordering. It seems a shock to many businesses that their merchandise is affected.
#canada #taxes #taxbreak
It’s no surprise that big #polluting companies are not happy about annual #CarbonTax increases. But it is #unfair that #BritishColumbians must pay the full carbon tax when the #OilAndGas industry, whose production is responsible for more than one-quarter of #BritishColumbia #CarbonEmissions, gets a carbon #TaxBreak.
The new system will also have a negative impact on B.C.’s carbon #TaxRevenues. In 2024-25, carbon tax revenues will be about $500 million lower than they would have been under the old system. This #RevenueLoss means fewer dollars to pay for #ClimateAction.
These changes point to a #BCgovernment that is far too cosy with the oil and gas #industry. And they make no sense given the urgency of acting on #ClimateChange. #Disasters in 2021 alone caused between $11 billion and $16 billion in damage to the #BCeconomy.
If B.C. really wants to be a #climate leader, the government must stop pandering to lobbying by the oil and gas industry that is causing climate change and act in the interests of all British Columbians
https://thetyee.ca/Opinion/2024/08/09/BC-Letting-Big-Industry-Evade-Carbon-Tax/
#BCNDP #Ecocide #BanCorporateLobbyists #BCpoli #ConflictOfPublicInterest #EcoJustice #environmental #BCNewDeathParty #BCNDPLegacyoOfDeath #CrimesAgainstHumanity #EcocidalManiacs #CapitalistCrimes #CorporateGreed #GreedKills #SuperSelloutBCNDP #SuperCorruptBC #PNW #PollutedPoliticians #EndCorporateWelfare #EbyTheEnabler #DavidEby #HorganizedCrimesContinue #JustStopOil #DivestFromFossilFuels
This #EOFY help NVDA keep improving with a donation. We have changed the lives of over 250,000 people in more than 175 countries. With your help, we can continue to expand our impact and ensure NVDA stays on top of ever changing technology!
Donations can be made at https://nvaccess.org/donate
#NVEOFY #FOSS #TaxTime #TaxBreak #Accessibility #GiveBack #Philanthropy
Monroe County gives first OK for high-tech tax break: $152M investment to bring 250 jobs averaging $100K+
#TaxBreak #Tax #NHanced #Semiconductor #BloomingtonIN #Jobs #Manufacturing #MonroeCounty
Portugal plans to ditch a controversial tax break for foreigners that helped attract a wave of wealthy arrivals to the country but stoked a housing crisis by driving up property prices.
Prime minister António Costa described the special tax regime, introduced to help Portugal’s recovery from the 2008 financial crisis, as a “fiscal injustice” that no longer “made sense”. It is set to be eliminated in 2024.
https://www.ft.com/content/5ea5c082-b32c-403d-8462-cd471a997c21
Does anyhere know anything about European #tax regimes #taxbreak regarding #PrivateJets? Here too private jet use has soared in recent years #climatecrisis #UniteToSurvive
"Analysis published Thursday by environmental campaign group #Greenpeace showed the number of private jet flights in Europe last year rose by a whopping 64% to reach a record high of 572,806."
In the US, be sure to check what #TaxBreaks you may be eligible for after the #NewYear. Plenty of options here to reduce your #CarbonFootprint, save money, and stick it to #Oligarchs
Have you ever wondered how BC Assessment comes to the conclusion as to how much your property is worth? Does it seem to be on an ever upward spiral and are you concerned about how that affects your taxes? Is there a tax break for seniors? Any benefits for seniors? What about the Home Owner Grant? Well, let’s have a look at how this all happens. #property #propertyassessment #propertytax #homeownergrant #TaxBreak
https://youtu.be/PUpNo4vzXUM
