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#taxes

17 posts17 participants2 posts today

Uber, Lyft, and Airbnb are suing San Francisco, asking for more than $320 million in tax refunds, while SF is demanding austerity from its employees to pay for it. This while the city deals with an $800 million deficit over the next 2 years.

Keep in mind, those same companies already demanded, and won, huge tax breaks by getting the city to rewrite its tax law, transferring more of the tax burden onto smaller companies.

Keep in mind, these 3 SF companies wouldn't even be rich and successful if SF hadn't allowed them to break the law their first couple of years in existence, allowing huge profits, by allowing them to skip out of the medallion fees that cab companies had to pay, and skirting the law that prohibited short term rentals without paying hotel tax. This, thanks to former mayor Ed Lee.

And their defense?

"We aren't companies. We're apps. We don't have to pay minimum wages, taxes, benefits"

48hills.org/2025/04/the-budget

48 hills · Budget battle begins as labor, CBOs push back against brutal Lurie cuts - 48 hillsWhy does a city with 85 billionaires and big tech companies that want tax breaks have to settle for austerity?

Here's what I[1] would like to see: Multiple US states telling the federal government "You are allegedly saving money while destroying services our citizens rely on. Therefore, we are telling our citizens and corporations to pay proportionally less in federal taxes so we can continue to provide the services. We will protect them from you if you try to retaliate."

[1] who am not a political scientist or economist so maybe it's OK that the entire government doesn't listen to me because maybe my ideas would blow things up or IDK cause a civil war

#uspol#doge#taxes
Continued thread

Day 31 cont 💰 😳😱 🎩👨‍⚖️🧑‍⚖️🏛️

“Family trust blitz threatens ‘financial ruin’ as #ATO goes back decades:

#Wealthy families are being hit with huge bills for #unpaid #taxes and #penalties as the Australian Taxation Office uses sweeping #powers to #investigate taxes on family trust distributions dating back more than 30 years. …

The crackdown is associated with what are known as #FamilyTrust elections and the payment of family trust distributions tax dating back to 1998, when the tax was first introduced to combat #TaxAvoidance schemes.”

I cannot believe 🥔🤓 hasn’t mentioned and weaponised this ATO action. A tax policy might have uncovered this?

#AusPol / #taxation / #elections <archive.md/c6l94> / <afr.com/policy/tax-and-super/f>

#USpol #taxes #Question #USgovernment

I've been seeing a lot of construction workers wearing shirts that say "Overtaxed."

Question: Specifically, which federal, state or local tax would you opt out of and specifically, how much money would that put back in your hands?

Remember, name the tax and a specific dollar amount.