Enter Sands and de Kadt. The authors selected seven sites in the township of Soweto that have wealth levels 50% lower than the national average, but that also have high levels of local wealth inequality. They placed a luxury car on a busy street and asked passers-by to sign one of two petitions, randomly assigned — either one that demanded increased taxation on wealthy people in South Africa, or one that petitioned to replace nuclear power with alternative energy sources.
The researchers report two notable findings. First, pedestrians are 9% less likely to stop and sign either petition in the presence of the car. Second, when this 'suppressive effect' is controlled through statistical methods, those who stop are 11% more likely to sign the tax petition than the anti-nuclear petition if the car is present. Sands and de Kadt conclude that the luxury car acts as a reminder of inequality that leads people to demand redress.
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USPS won’t implement payroll tax deferral after reviewing impact on employees | Federal
The U.S. Postal Service will not implement the president’s payroll tax deferral , which went into effect for much of the military and civilian federal workforce last week.
USPS handles payroll for its own employees; it doesn’t use one of four major federal providers.
The major federal payroll providers began deferring Social Security taxes from employees’ and servicemembers’ paychecks last week. Employees and military members whose basic, taxable income is $4,000 or less during a biweekly pay period are eligible for the deferral.
Sweden's Carbon Tax: Looking Back on 30 Years of Carbon Taxes
In 1896, Swedish scientist Svante Arrhenius was the first to calculate how increases in atmospheric carbon dioxide could raise Earth’s surface temperature through the greenhouse effect. [1] A century later, Sweden was one of the earliest adopters of a tax on carbon, implementing it in 1991, just one year after Finland, which was the first country to do so. [2]
Prior to the implementation of the carbon tax, most environmental measures consisted of regulations and prohibitions. It was not until the 1980s that a consensus began building for the use of more economic instruments. In 1987, economics professor Erik Dahmén wrote an article in Svensk Tidskrift titled "The environment and the market.
INSIGHT: The Real Problem With Amazon's Tax Bills
Not to change the topic here:
Pierce County property taxes due Nov. 2 - The Eatonville Dispatch
The second installment of this year’s property taxes are due Monday, Nov. 2. Because Oct. 31 falls on a Saturday, the county can accept payments that are dropped off or postmarked by Nov. 2.
No in-person transactions can be made at this time as the assessor-treasurer’s office at the Pierce County Annex remains closed to the public until COVID-19 cases decrease enough for the county to move to Phase 3 of the state’s reopening plan.
JP Morgan's Jamie Dimon on taxing the rich, Donald Trump's tax cuts
SINGAPORE — J.P. Morgan Chase's Chief Executive Jamie Dimon said he's not against higher taxes on the rich, but a wealth tax is not the way to do it.
"A wealth tax is almost impossible to do," he told CNBC-TV18 at the J.P. Morgan India summit on Tuesday when he was asked whether he's in favor of such a proposal put forth by several Democrats.
"I'm not against having higher tax on the wealthy. But I think that you do that through their income as opposed to, you know, calculate wealth which becomes extremely complicated, legalistic, bureaucratic, regulatory, and people find a million ways around it. I would just tax income," he said, suggesting that it's harder to cheat on such a tax because income is "given."
In Mexico, only two big companies refused to pay taxes this year -official | Reuters
MEXICO CITY, Sept 23 (Reuters) - Mexico's tax chief on Wednesday said officials have reviewed several hundred big companies this year in their push to boost tax collection, of which only two firms initially refused to pay.
Compared with all of 2019, large taxpayers this year through August have already increased their tax payments by over 60% to reach 155 billion pesos ($7 billion).
Raquel Buenrostro, head of the SAT tax authority, said the improved collection was significant given the pandemic's toll on business in Mexico, the country with the lowest tax intake in the Organisation for Economic Co-operation and Development.
Hedge funds head for Florida with taxes on rich rising elsewhere | Accounting Today
Hedge funds are planning to expand their presence in Florida, adding to a migratory trend as wealthy residents of northern states face the threat of higher taxes.
Chicago-based Balyasny Asset Management, with about $8 billion of assets, intends to open an outpost in Miami, according to people familiar with the matter, and Bluecrest Capital Management, which has offices in New York, recently opened a Miami office that now accommodates about 10 portfolio managers. Paul Singer's Elliott Management Corp. is also contemplating opening an office in Florida, other people said.
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The Biden news broke BEFORE the findings on Mifsud's encounters with me are revealed. Imagine how big that scandal… https://t.co/m9EfXtI9Iq GeorgePapa19 Wed Sep 23 20:22:00 +0000 2020
That is a happy and appreciated face! You can have a private encounter with our gorgeous Sumatran elephants… https://t.co/f8epw5uWLg TerriIrwin (from No Facebook or Instagram!) Wed Sep 23 04:46:20 +0000 2020
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