You may feel little sympathy for people in the top bracket of earnings, but don’t let that stop you reading. Like it or not, their views and actions matter to everyone
Purporting to distribute money to children to take advantage of their tax-free thresholds sends
a message about how important it is to be truthful when complying with the tax law.
New Zealand’s ‘one percent’ pay lower tax rates than ordinary earners – just don’t expect any big changes to tax policy in the near future.
The federal government wanted to give taxpayers a couple months to prepare the year’s taxes. But as filing became more complex, the date was pushed back.
Heading into the 2023 election, politicians and commentators have said New Zealand’s tax needs to be fairer. But opinions on how to make the system fairer vary wildly.
Australian landlords pay $1 billion less tax per year than the Tax Office believes they should, with almost all of the ‘errors’ in their favour.
By sticking to a tax-cut plan made in 2018, the Albanese government must choose between debt and services.
The tax cuts only look big when compared to no cuts, an alternative that isn’t realistic.
Some earners will take home less after a tax switch legislated years ago and now supported by both sides of parliament.
Taxes are more than mandatory payments required by governments. Understanding the essential aspects of taxation can help prevent ethically and legally questionable taxes from being imposed.
Adjusting tax brackets in line with inflation would ensure voters who wanted more government spending would also have to vote for more tax.
The IRS has yet to finish millions of returns from the 2021 tax season. That doesn’t bode well for 2022.
The 2017 tax cuts put a $10,000 cap on the deduction for state and local taxes. The richest households would see the biggest gains from eliminating or raising the cap.
News about how little income tax some of the richest Americans reportedly pay is adding to questions about the value to society of their massive charitable donations.
Wriggling out of paying taxes may be legal, but is it right? Aristotle, Immanuel Kant – and others – have their say.
A new report found that America’s top billionaires paid very little income tax despite tremendous gains in their wealth.
New tax office figures show only 2% of Australians earn more than $211,000 a year.
LMITO excludes low earners and isn’t timely.
Raising income taxes for the super-rich can help ease the burden on government budgets and reduce inequality in society.
The UK government has an option to act boldly after Rishi Sunak’s latest budget.