Keyword: taxes

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  • France to introduce digital tax in new year

    12/17/2018 11:01:49 PM PST · by aquila48 · 9 replies
    BBC ^ | 17 December 2018
    France has said it will introduce its own tax on big technology firms from 1 January after EU-wide efforts stalled. French Finance Minister Bruno Le Maire said he expected it to bring in €500m (£450m) in 2019. France, along with Germany, had been pushing for the European Commission to agree measures by the end of this year. But it is opposed by countries including Ireland, the Czech Republic, Sweden and Finland. Earlier this year, the European Commission published proposals for a 3% tax on the revenues of large internet companies with global revenues above €750m (£675m) a year and taxable...
  • Will You Have to Pay the Netflix Tax?

    12/17/2018 8:12:57 AM PST · by therightliveswithus · 64 replies
    The Hill ^ | 12/16/2018 | Kristin Tate
    Chicago has won a legal battle allowing its wasteful “amusement tax” to be levied on everyday people. Residents who enjoy gaming will now have to pay a 9 percent tax for streaming services they buy through Playstation. They also have to pay this 9 percent tax on other streaming services for entertainment like Netflix, Spotify, and Hulu. The amusement tax is one of multiple examples of government using its ability to pick the pockets of the populace to select winners and losers in the market while paying its bills with money that citizens often do not realize they are spending....
  • California utilities panel cancels planned 'text tax' ... FCC rules that texting is...

    12/16/2018 7:30:56 PM PST · by aquila48 · 44 replies
    Daily Mail ^ | 16 December 2018 | MAXINE SHEN
    Following a new FCC ruling, the California Public Utilities Commission has ditched its planned 2019 vote on taxing text messaging. The CPUC revealed on Twitter Friday that it has decided not to go forward with a scheduled January 2019 vote to levy a 'text tax' following the FCC's ruling that text messages were an 'information service' — as opposed to a telecommunications service — meaning that texts aren't eligible for taxation under California state law. The commission's controversial 'text tax' plans involved a per-text surcharge which would help fund programs that provide cell phone services for low-income and disabled people,...
  • Evidence of Clintons' Tax Evasion Presented To House [semi-satire]

    12/15/2018 7:24:27 AM PST · by John Semmens · 4 replies
    Semi-News/Semi-Satire ^ | 16 Dec 2018 | John Semmens
    This week, Lawrence Doyle and John Moynihan of DM Income Advisors told the House subcommittee on government operations that they forwarded thousands of documents to the IRS showing that Bill and Hillary Clinton may have neglected to pay taxes on $400 million to $2.5 billion in money they cycled through the Clinton Foundation's so-called charity. Clinton Foundation CEO Kevin Thurm dismissed the allegations as "just another ploy by the vast right-wing conspiracy that has been harassing Bill and Hillary for decades. No one in government has ever seen fit to pursue any indictments for anything that they have done in...
  • Obamacare Thrown Out by Judge, Raising Insurance Uncertainty

    12/14/2018 5:48:46 PM PST · by conservative98 · 47 replies
    Yahoo Finance ^ | December 14, 2018 | Tom Korosec and Kartikay Mehrotra
    (Bloomberg) -- Obamacare was struck down by a Texas federal judge in a ruling that casts uncertainty on insurance coverage for millions of U.S. residents. The decision Friday finding the Affordable Care Act unconstitutional comes just before the end of a six-week open enrollment period for the program in 2019 and underscores a divide between Republicans who have long sought to invalidate the law and Democrats who fought to keep it in place. U.S. District Judge Reed O’Connor in Fort Worth agreed with a coalition of Republican states led by Texas that he had to eviscerate the Affordable Care Act,...
  • France Breaking: Phase Five Of Yellow Vests In Hour, Journalists Allege Police Attacks

    12/14/2018 2:00:48 PM PST · by Nextrush · 39 replies
    Nextrush Free ^ | 12/14/2018 | Nextrush/Self
    The Yellow Vests are planning protests with specific sites given in Paris as the Champs-Elysees at 930am tomorrow (330 am Eastern US). Protesters are set to be at the Palace de l'Opera between 1030am and 1230pm. Another gathering for protest set at the Port Maillot-Gare Saint Lazare at 10am. Protests are set in other cities like Marseille, Bordeaux, Toulouse and Nantes. A protest is set for the Mont-Blanc tunnel and there are other locations listed. BFM-TV in France reports that fewer buses have been chartered to bring protesters to Paris tomorrow. 24 journalists in France have filed complaints against police...
  • Investigators Tell House Subcommittee Clintons Could Owe Taxes on Hundreds of Millions of Dollars

    12/14/2018 9:05:23 AM PST · by naeim.darzi · 54 replies
    The Epoch Times ^ | 12/13/2018 | BY HOLLY KELLUM
    Two financial investigators say they have submitted thousands of documents to the IRS that they believe show the Clinton Foundation, founded by Bill and Hillary Clinton, potentially evaded paying taxes on millions if not billions of dollars, a House subcommittee on government operations heard Dec. 13. Lawrence Doyle and John Moynihan of DM Income Advisors said they first submitted their complaints to the IRS office in Ogden, Utah, in August 2017. “We filed a claim of probable cause that the foundation operated outside the bounds of its approval that came from the IRS,” Moynihan said. They looked at the foundation’s...
  • Nancy Pelosi takes aim at Trump’s taxes

    12/13/2018 8:41:22 PM PST · by conservative98 · 55 replies
    NY Post ^ | 12/13/18 | By Joe Tacopino
    Nancy Pelosi said on Thursday that a House committee will “take the first steps” toward obtaining President Trump’s tax returns once Democrats take control of the House. Pelosi, who is expected to become the Democrats’ next speaker of the House, said the process could be “challenging” as Trump has vowed to resist their requests. “There is popular demand for the Congress to request the president’s tax returns,” Pelosi told reporters. “I’m sure the White House will resist, so the question is, ‘Where do we go from there?’”
  • California proposes a plan to tax text messages

    12/13/2018 4:19:10 AM PST · by Anti-Bubba182 · 56 replies
    CNN Business ^ | 12-12-2018 | Heather Kelly
    San Francisco (CNN Business)California regulators want to tax text messages to increase funds for programs that bring connectivity to underserved residents. A new surcharge proposed by the California Public Utilities Commission (CPUC) wouldn't be a per-text tax, but a monthly fee based on a cellular bill that includes any fees for text-message services. Most carriers offer a flat fee option for texting, and already charge a similar fee for other services included in the bill — such as phone calls. The exact structure of the charge would vary from carrier to carrier........
  • California mulls text tax on mobile messages

    12/12/2018 3:45:39 PM PST · by NoLibZone · 41 replies
    CBS news ^ | 12/12/18 | Kate Gibson
    Californians may or may not type OMG at the news, but texting may soon come with an extra fee on their mobile phone bills. State regulators are weighing a tax on the popular communications tool to help fund a program that makes phone service available to low-income residents. A texting surcharge could help sustain the Public Purpose Program budget, which has risen to $998 million in 2017 from $670 million in 2011, according to a report from the California Public Utilities Commission. Revenue from the telecom industry that funds the program has declined to $11.3 billion last year from $16.5...
  • French Riots Really Aren't About Global Warming - They're About Tax Heavy Socialism

    12/11/2018 10:05:33 AM PST · by Oldeconomybuyer · 28 replies
    Investor's Business Daily ^ | December 11, 2018 | Editorial
    After weeks of spreading riots and demonstrations in Paris, socialist French President Emmanuel Macron has had an epiphany or sorts. Not only is he not going to put a new global warming tax on fuel, he's going to let financially-strapped French families keep more of their money from the taxman. At least this year. "No mercy"? Sounds like total surrender for someone who, just days earlier, arrested 1, 939 people across the country, more than a thousand of those in Paris. The truth is, Macron has lost control both of the people and of the narrative. His 18% approval rating...
  • Brussels police arrest hundreds in 'yellow vest' riot

    12/09/2018 4:39:55 AM PST · by Oldeconomybuyer · 20 replies
    Reuters ^ | December 9, 2018 | by Clement Rossignol and Robin Emmott
    BRUSSELS - Belgian police detained more than 400 people on Saturday after “yellow vest” protesters inspired by riots in France threw rocks and firecrackers and damaged shops and cars as they tried to reach official buildings in Brussels. In the second violence of its kind in the capital in eight days, a crowd which police estimated at around 1,000 faced riot squads who used water cannon and tear gas to keep people away from the European Union headquarters and the nearby Belgian government quarter. Calm was restored after about five hours. The movement in Belgium, inspired by the “gilets jaunes”,...
  • 1,723 arrested in 'yellow vest' protests in France

    12/09/2018 3:34:07 AM PST · by Oldeconomybuyer · 30 replies
    Sky News ^ | December 9, 2018
    More than 1,700 people were arrested across France during the latest "yellow vest" protests, which left 135 people injured and caused widespread damage. Of the 1,723 detained on Saturday, 1,220 were ordered to be held in custody, according to the interior ministry. Despite the security clampdown clashes broke out in several cities across the country, including Marseille, Bordeaux and Lyon and Toulouse, during a fourth weekend of protests against rising living costs and the embattled French President Emmanuel Macron. Paris again saw the worst of the of the violence as protesters, wearing their distinctive yellow safety jackets, set fire to...
  • Violent Protests Spread from Paris to Belgium and now, the Netherlands

    12/08/2018 8:06:57 PM PST · by SeekAndFind · 72 replies
    PJ Media ^ | 12/08/2018 | Rick Moran
    At least 700 people were arrested in Paris as 5,000 demonstrators faced off against 8,000 police in another violent demonstration by "yellow vest" protesters.Riots broke out all over France despite the supposed cause of the violence being eliminated earlier in the week by the government of President Emmanuel Macron. The government had been claiming that a fuel tax increase was to blame for the protests, but the government rescinded the increase on Wednesday.Donald Trump believes it was Macron's climate change policies: The Paris Agreement isn’t working out so well for Paris. Protests and riots all over France. People do...
  • Paris in lockdown as France braces for new anti-Macron riots...

    12/08/2018 12:28:29 AM PST · by caww · 191 replies
    France24 ^ | 12/8/2018 | France24
    Paris was in lockdown early on Saturday with 'thousands' of French security forces braced to meet renewed rioting by "yellow vest" protesters in the capital and other cities in a fourth weekend of confrontation..... The Eiffel Tower and other tourist landmarks were shut, shops were boarded up to avoid looting and street furniture removed to avoid metal bars from being used as projectiles. About 89,000 police were deployed across the country.
  • Katy Tur, France's Riots and Panic Mode

    12/07/2018 2:31:14 PM PST · by Kaslin · 50 replies
    Townhall.com ^ | December 7, 2018 | Mona Charen
    NBC's Katy Tur, responding to an article in the New Yorker about climate, looked into the camera and asked, "How pointless is my life? And how pointless are the decisions that I make on a day-to-day basis when we are not focused on climate change every day, when it's not leading every one of our newscasts?" It's a safe bet that not only will climate change not lead all newscasts, it will not even lead Tur's very often. And the reason is not any of those often proffered for failure to act in ways activists prefer. It won't be that...
  • Daley Pension Debacle: Where Did $54 Million Go?

    12/07/2018 11:27:47 AM PST · by PBRCat · 8 replies
    The Chicago Sun-Times ^ | December 6, 2018 | Tim Novak
    If there ever was any hope that five Chicago city workers pension funds would make any money by investing $68 million with then-Mayor Richard M. Daley’s nephew and one of his key political supporters, it didn’t last long. Only months after the deals were made a dozen years ago, problems began to emerge. The nephew, Robert G. Vanecko, and his partner Allison S. Davis, a developer who gave campaign money to Daley and was appointed by the mayor to the Chicago Plan Commission, started investing in a series of property deals that, by the time the last of them are...
  • France braces for trouble, Macron to address 'yellow vest' anger

    12/07/2018 10:04:46 AM PST · by Oldeconomybuyer · 24 replies
    Reuters ^ | December 7, 2018 | by Richard Lough, Sudip Kar-Gupta
    PARIS - France hunkered down for another wave of potentially violent protests on Saturday as embattled President Emmanuel Macron planned to address the nation next week over public fury at the high cost of living, senior allies said. Interior Minister Christophe Castaner said the three-week-old “yellow vest” revolt had “created a monster” and vowed police would have no tolerance for violence, with much of Paris in lockdown and tens of thousands of police deployed nationwide. Castaner warned that radicals would likely again infiltrate the protest movement - a backlash against high living costs but also, increasingly, a revolt against Macron...
  • Macron's top-down approach to fighting climate change serves as a cautionary tale

    12/07/2018 4:59:29 AM PST · by Oldeconomybuyer · 18 replies
    CNN ^ | December 6, 2018 | By Laurie Garrett
    While world leaders gather in Katowice, Poland, for the COP24 climate summit, protesters in the streets of Paris have successfully forced French President Emmanuel Macron's hand, undercutting his efforts to impose a carbon tax on French energy sales. Macron has made climate change and lowering greenhouse gases a central component of both his domestic and foreign policies, only to face dramatic failure at the hands of his "yellow vest" countrymen. Macron's popularity has been low in France for months, and has now fallen to just a 23% approval rating. But the rioting across his country sends a frightening signal to...
  • ‘Yellow Vest’ Protests Shake France. Here’s the Lesson for Climate Change.

    12/07/2018 4:35:26 AM PST · by Oldeconomybuyer · 34 replies
    New York Times ^ | December 6, 2018 | By Alissa J. Rubin and Somini Sengupta
    PARIS - Vincent Picard describes himself as a “militant ecologist.” But when protesters took to the streets to express their rage over a planned increase in France’s fuel tax, Mr. Picard joined their ranks. He acknowledges that the tax might encourage the conservation considered critical for a healthy planet. But with the nearest train station 35 minutes away, he has to drive to work every day. “I am conscious that we have reached the end of fossil fuels and that we have to modify our habits,” said Mr. Picard, a 32-year-old pastry maker from northern France. But, he added, “You...