2010/05/02: In the wealthy, northern suburbs of this city, where summer temperatures often hit the high 90s, just 324 residents checked the box on their tax returns admitting that they owned pools.
So tax investigators studied satellite photos of the area — a sprawling collection of expensive villas tucked behind tall gates — and came back with a decidedly different number: 16,974 pools.
You can't take it with you.
Analysis of a massive trove of data - much of it leaked from tax havens - suggests that inequality levels across the world should be revised upwards dramatically
Photo: 11th Duke of Devonshire by Allan Warren, own work, CC BY-SA 3.0 Dukes are the highest-ranking tier of the British aristocracy - a select elite within an elite, ranking above Marquesses, Earls, Barons and Viscounts, whose lands and titles derive from centuries of Royal patronage. There are 30 Dukes in the UK today. Five of these are ceremonial
Thank you for meeting with us, Professor Piketty. To begin with, a number of critics, for example, Branko Milanovic and Anwar Shaikh, have suggested placing your work in the classical tradition of economics, resuscitating issues of class, capital and labor in dealing with macroeconomic questions, considering you part of a tradition that stretches from Smith to Keynes through Marx and others. Where do you see yourself in terms of economic tradition? Do you see yourself as part of this classical tradition?
Tax is back in the spotlight with coalition MPs and the Australia Institute talking about getting rid of some of the exemptions to the GST. There has also been a lot of talk about whether or not corporate
In the big inequality debate, one thing unites those concerned by wealth disparities: they want the rich to pay more in taxes. But how to do this? The "tax efficiency" industry is thriving, money is hidden
Ed Balls, the shadow chancellor, has announced that if elected a Labour government would return the rate of income tax payable on incomes above 194163150,000 to 50%. What would the effect of this be? The contention
George Monbiot: They parasitise us from above. But landowners and the Tory party's idle rich are spared the fairest and simplest of taxes
The 1040 has been the primary American tax form since the introduction of the personal income tax in 1913. That's even been the form's name since the very beginning. But what started as a simple document with 27 lines of information to fill out has grown ever more complex: the current 1040 has 77 line items-plus a 189-page appendix of instructions. The image above is an animation of the first page of every 1040 from 1913 to 2011.
Compare how much Americans paid in federal, state and local taxes over the past three decades.
(I am working on a brief literature review on the benefits of participation, focusing on its different types of impact. Most of it (but not entirely) relates to participatory budgeting. Below are a few of the sections covered and a rough draft. Ideas and suggestions for topic coverage and literature (preferably peer-reviewed) are more than
2012/07/22: global super rich has at least $21 trillion hidden in secret tax havens.
At least $21 trillion of unreported private financial wealth was
owned by wealthy individuals via tax havens at the end of 2010. This sum is equivalent to the size of the United States and Japanese economies combined.
There may be as much as $32 trillion of hidden financial assets held offshore by high net worth individuals (HNWIs), according to our report, which is thought to be the most detailed and rigorous study ever made of financial assets held in offshore financial centres and secrecy structures.
We consider these numbers to be conservative. This is only financial wealth and excludes a welter of real estate, yachts and other non
financial assets owned via offshore structures.
Tax officials have published a gallery of photographs of the people it considers to be the most wanted UK tax fugitives.
Proponents of industrial agriculture constantly claim that sustainable food is too expensive. Learn these basic economic principles so you can tell them exactly why they're wrong.
Poor Richard posted an extended comment to the previously published theses by Brian Davey: "Brian Davey raises several interesting points but I believe there is a flaw in some of the underlying logic. "Economists tell us that by putting a price on natural resources that this creates a restraint on their use. That is rubbish... Continue reading ...