Republicans are threatening tax hikes and boycotts to punish corporations that have spoken out against new voting legislation.
He said it would "invite serious consequences if they become a vehicle for far-left mobs to hijack our country from outside the constitutional order."
Major League Baseball also pulled this year's All-Star Game from Georgia last week in protest over the law.
American Airlines and Dell computers have criticized proposed voting restrictions in Texas, where they are based.
In case you are keeping track:
Thinking About 'Avoiding' NY Tax Increases?
According to Justice Learned Hand, “Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.” [FN: Gregory v. Helvering, 69 F.2d 809, 810 (2d Cir. 1934)] Stated differently, taxpayers have the right to pay only the amount of tax legally due.
Having said that, taxpayers have, over the years, demonstrated varying degrees of aversion to their tax obligations – especially in high-tax states like New York. Those New York taxpayers who are willing to “roll the dice” are hopefully aware of the associated audit risk, but many of them may be ignorant of the exposure they face from New York’s False Claims Act.
Throw out harmful vape tax bill | Letters To The Editor | mankatofreepress.com
As a business manager in Mankato, the news of the vape tax the Minnesota Legislature introduced shows they don't understand the implications it has on retailers in our state.
The two bills (HF 991 and SF 961) introduced would impose a 35% retail tax on vapor products. I will say, I do not stand for children having access to these types of products. No one wants these products in the hands of children, but these bills are doing more than just that.
This is before the vape tax is implemented, so imagine what would happen if the Minnesota Legislature went through with this legislation? This tax is a punishment for those who cannot quit smoking cold turkey and are looking for a less harmful alternative.
Latest independent contractor regulations | HRExecutive.com
The State of the Self-Employed survey , conducted by Intuit's QuickBooks just before the start of the pandemic, found that nearly 30% of the nation's workers—or 44 million people—were self-employed at some point during 2019. Meanwhile, 14% of workers said being an independent contractor was their primary job.
With this many people identifying as self-employed, it's no wonder the federal government is reviewing regulations to determine a federal standard. The problem is that identifying an independent contractor, sometimes known as a 1099 worker, can be a confusing compliance challenge for employers.
Did you hear about this:
Vietnam unveils tools for taxing and tracking Big Tech
HO CHI MINH CITY -- Vietnam is proposing a pair of regulations that would compel global tech players such as Alibaba and Google to hand over more taxes and data, in a move to increase government oversight in one of the world's fastest-growing digital markets.
One proposal would give state inspectors access to an e-commerce site's internal data on merchants, while the second would introduce a tax collection regime deemed "onerous" and "concerning" by a trade group funded by the likes of Apple and Japanese e-commerce giant Rakuten.
Change Please: A Tax Practitioner's Guide to F Reorganizations - Lexology
Senate Democrats Pitch Their International Corporate Tax Plan - WSJ
WASHINGTON—Senate Democrats offered proposals Monday to increase the tax burden on U.S. companies' foreign profits and move the system in the same general direction as the Biden administration's plan.
"This framework is a first step in allowing us to find novel, creative approaches that fix the problems with the current system and provide long-term certainty for businesses and stability for federal revenues so that we remain globally competitive," Mr. Warner said in a statement.
Republicans want to make 'woke' corporations pay — literally - POLITICO
The party of big business is increasingly at odds with it. The question is: Are these isolated incidents or the beginnings of a seismic shift?
After Delta publicly condemned Georgia's new, GOP-authored voting law a week ago, Georgia House Republicans voted to rescind a lucrative fuel tax break for the company. | David McNew/Getty Images
Livid at what they see as corporate America's progressive posturing on cultural issues, top Republicans are pushing for swift retribution and targeting those companies' bottom lines.
Happening on Twitter
Republicans are threatening tax hikes and boycotts to punish companies that criticize restrictive voting laws https://t.co/H7Zi4Ls6zu BusinessInsider (from New York, NY) Tue Apr 06 11:28:13 +0000 2021
Didn't the GOP used to be "pro-business"? https://t.co/yuzNH00E7D hblodget (from New York) Tue Apr 06 12:36:03 +0000 2021
Pres. Trump himself warned the GOP Convention in August about Mr. Biden's plans: "He has pledged a $4 trillion tax… https://t.co/bzTCiMU3SE JasonMillerinDC (from Washington, DC) Thu Apr 01 07:07:54 +0000 2021
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