Taxable value of goods surges 15 pc in Sep-Oct as GST cuts boost consumption #Taxable #SepOct #GST #socialnewsxyz
Taxable value of goods surges 15 pc in Sep-Oct as GST cuts boost consumption #Taxable #SepOct #GST #socialnewsxyz
So are those personal legal fees paid by others in cases for the orange menace actually taxable benefits? And has he declared the income and paid the taxes on it? I wonder who may want to ask this? Isnt tax evasion what brought Capone down?
#taxcheat #irs #taxable #personalincome #dump #trump #loser #rnc #conman #orangemenace #abortionking
Report: #ClarenceThomas May Also Be #Dodging #Tax Bill With Failure to Report #Gifts. The likely millions of dollars worth of gifts Thomas has received may count as #taxable #income, a recent report found.
https://truthout.org/articles/report-thomas-may-also-be-dodging-tax-bill-with-failure-to-report-gifts/ #SCOTUS #corruption #taxevasion #fraud #lying #cheating #federaltaxes #financialdisclosure #FederalistSocietyOwnsGOPSCOTUS #GOP #judiciary #courts #HarlanCrow #recuse #investigateThomas #ImpeachThomas
The Supreme Court agreed to hear a case next term that could #preempt Congress and the Biden administration from instituting a #federal #wealth #tax — another potentially lucrative gift for conservative justices’ billionaire benefactors and the super rich.
A think tank affiliated with some of those benefactors recently pressed the court to accept the case and outlaw such taxes.
The new case, #Moore v. United States, is tailored to try to block Democrats’ promised agenda by #defining what can — and cannot — count as #taxable “#income” under the Constitution.
It specifically challenges a one-time levy on some shareholders for their foreign corporate earnings that was included in the 2017 Republican tax law.
The plaintiffs are a Washington state couple who faced a $15,000 tax bill under that provision for a stake they owned in an Indian company. They argue that their #corporate #earnings should #not count as taxable income under the Constitution because they had not been distributed to shareholders as #dividends.
The real goal of the case is “to slam shut the door on a #federal #wealth #tax,” as the couple’s lawyers wrote in a 2021 column. The couple’s petition to the Supreme Court expressly decries previous wealth tax proposals from Democrats, including Biden, and urges the justices to “head off a major constitutional clash down the line
https://www.levernews.com/the-supreme-courts-next-gift-for-its-billionaire_benefactors/
#trumptaxaudit by #us electorate.
#trump declared no #taxable income for 2015, 2016, 2017 & 2020, having reported $82mn in combined losses across that period. In 2018 & 2019 — the 2 years for which he reported taxable income — he declared nearly $29mn of adjusted gross income.
He “abused the power of his office to block basic transparency on his finances and conflicts of interest which no president since Nixon has foregone”.
#trumptaxes #trumpisgoingtojail
https://www.ft.com/content/37ff17eb-3c03-4eed-b0d1-2e16074788a6
#Taxable - Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities.