🌎 Discussion: Taxes and Taxation

[Ironfan72]

Canada and Mexico can avoid tariffs before Saturday’s deadline, says Trump’s commerce pick

Howard Lutnick testified at his US Senate confirmation hearing for his nomination to head commerce department

www.theguardian.com

Again, Tariffs dont work, Canada and Mexico really arent concerned about his empty threat, dump is already trying to find away out of his bluster

 

[blueharvest]

https://www.reuters.com/world/americas/north-america-braces-new-trump-tariffs-saturday-deadline-nears-2025-01-31/

 

[Ironfan72]

View attachment 120582

https://www.reuters.com/world/americas/north-america-braces-new-trump-tariffs-saturday-deadline-nears-2025-01-31/

He claims they have till tomorrow, but again, Tariffs never work, and Canada has said if the tariffs are imposed they will retailiate swiftly, Ontarios major says they will likely shut off electricity to several US states.

 

[blueharvest]

Biggest US trading allies brace for a ‘game of chicken’ with Trump’s tariffs

Canada and Mexico draw up plans to mitigate effect of duties Trump has threatened, possibly sparking a trade war

www.theguardian.com

 

[blueharvest]

 

[squeekness]

Outstanding.

 

[blueharvest]

 

[blueharvest]

 

[squeekness]

Going to be a long four years.

 

[blueharvest]

 

[blueharvest]

Don Moynihan (@donmoyn.bsky.social)

Do older Americans know that Elon Musk now controls access to their Social Security and health insurance? [contains quote post or other embedded content]

bsky.app

 

[blueharvest]

 

[squeekness]

View attachment 120780

Don Moynihan (@donmoyn.bsky.social)

Do older Americans know that Elon Musk now controls access to their Social Security and health insurance? [contains quote post or other embedded content]

bsky.app

Well that's scary.....

 

[blueharvest]

To Stop Billionaires’ Wealth and Power From Metastasizing, Close This Tax Loophole | Common Dreams

A gaping U.S. tax loophole I like to refer to as “buy-hold for decades-sell” allows the investment gains of the ultra-rich to compound for decades without facing taxation.

www.commondreams.org

 

[blueharvest]

 

[blueharvest]

 

[squeekness]

 

[blueharvest]

Trump GOP's Tax Plans Mean Pain for Families, Windfalls for the Wealthy | Common Dreams

A progressive think tank warns of the harmful impact of the GOP planned tax cuts.

www.commondreams.org

 

[squeekness]

Trump GOP's Tax Plans Mean Pain for Families, Windfalls for the Wealthy | Common Dreams

A progressive think tank warns of the harmful impact of the GOP planned tax cuts.

www.commondreams.org

Which means they will probably happen.

 

[blueharvest]

Smart money! Nearly half of Americans trust AI to do their taxes over a trained human

‘It is harder to do something like tax filing because it’s something distracting from the other things they are doing’

www.independent.co.uk

 

[blueharvest]

Hawaiʻi Construction Unions Seek Some Radical Tax Changes

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

www.civilbeat.org

 

[MagnarTheGreat]

Richest man in the world now firing the people who collect his taxes

President Donald Trump, along with co-President Elon Musk and his DOGE minions, is reportedly planning to lay off thousands of Internal Revenue Service agents. And guess which ones? The tax ...

www.dailykos.com

 

[squeekness]

DOGE doesn't want rich people to pay the taxes they are supposed to.

 

[squeekness]

 

[squeekness]

I don't see this second term improving anything.