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Overwhelming Public Support For Using Taxes To Fight Plastic Waste

“The British public has shown huge support for a Treasury appeal for suggestions in how the UK tax system could be used to fight the environmental scourge of plastics” writes Chris York for huffingtonpost.com. The Chancellor, Philip Hammond, has reiterated the department’s commitment to take action through the tax system to reduce the amount of single-use plastic as part of a wider effort across government departments.Measures which received noteworthy public support and are being considered include using the tax system to: Hugo Tagholm, CEO of Surfers Against Sewage, said: “Surfers…

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News Oil 

Oil firms use secretive court hearing in bid to stop country taxing their profits

“Two multinational oil companies have launched a pre-emptive legal strike, seeking to stop Vietnam from collecting taxes on the profits made in a major oil deal” writes George Turner for theguardian.com. A spokesman for ConocoPhillips said: “The sale was between two UK-incorporated and resident entities with no taxable presence in Vietnam.It appears from corporate accounts that the only assets held by ConocoPhillips Gama and Cuu Long were Conoco’s oil interests in Vietnam. Source: theguardian.com Share This:

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News Stocks 

Consumers turning more pessimistic about wages, stocks, home prices, taxes

“Median one-year ahead earnings (wages) growth expectations fell from 2.7% in June to 2.4% in July, dropping below its 2.5%-2.7% range since November 2017, the New York Fed said” writes D C for marketwatch.com. The New York Fed’s survey of consumer expectations — based on a panel of 1,300 household heads across the United States — found declines in one-year expectations on earnings growth , household spending, stock prices and house prices.Median household spending growth expectations decreased by 0.1% to 3.2% in July, remaining slightly above its trailing 12-month average…

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Alcohol Duty Is A Fair Way To Pay For Our NHS

“In 2008, the last Labour government introduced the alcohol duty escalator, which ensured that alcohol tax rose above inflation each year” writes Labour Peer In for huffingtonpost.com. Our NHS cannot afford for government to roll over; increasing alcohol taxes would reduce costs as well as raising revenue.If you believe that prevention is better than cure, higher alcohol taxes should be part of the answer. Source: huffingtonpost.com Share This:

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Corey Stewart calls Al Sharpton ‘a race hustler,’ brings up his taxes

“Sharpton came under scrutiny for unpaid federal and state taxes in 2014 after the New York Times published a story that he and his for-profit business owed more than $4.5 million” writes Image Courtesy Screenshot for washingtonexaminer.com. “You’ve made a career out of dividing people by race, you’ve been a race hustler your entire career,” Corey Stewart said during an interview on Sharpton’s “PoliticsNation” program on MSNBC. “You’ve made a lot of money at it, you haven’t even bothered to pay your taxes at it, and all you do is…

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Taxfix, a Berlin-based developer of a mobile assistant to help file tax returns, raises $13M Series A led by Valar Ventures for international expansion

“Taxfix, the Berlin-based startup that has developed a mobile assistant to help you file your tax return, has closed $13 million in Series A funding” reports techcrunch.com. To date, Taxfix’s typical customers are young people between 20-35 years old, who are not tax experts and often have never filed a tax return before.Of course, there are already a large number of startups and software companies that can help you file a tax return.It takes on average 20 minutes to file your taxes with Taxfix, compared to 3 to 6 hours…

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Berlins Taxfix, a mobile assistant for filing your taxes, picks up $13M

“Taxfix, the Berlin-based startup that has developed a mobile assistant to help you file your tax return, has closed $13 million in Series A funding” reports techcrunch.com. To date, Taxfix’s typical customers are young people between 20-35 years old, who are not tax experts and often have never filed a tax return before.Of course, there are already a large number of startups and software companies that can help you file a tax return.It takes on average 20 minutes to file your taxes with Taxfix, compared to 3 to 6 hours…

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A goat herd is helping Trump pay tens of thousands of dollars less in property taxes on his New Jersey properties

“Getty; iStock; Skye Gould/Business Insider President Donald Trump is able to pay tens of thousands of dollars less in property taxes on his New Jersey golf courses because of a goat herd, according to The Wall Street Journal “ writes Pat Ralph for businessinsider.com. Public records show that Trump has been able to save thousands of dollars in property taxes on his two properties in Bedminster and Colts Neck, New Jersey.Because of his goat herd, as well as hay farming and wood cutting on his properties, New Jersey law permits…

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