Earlier quoted context omitted.
Why assign all the blame to Intuit? > They persuaded the Internal Revenue Service for more than a decade to pledge in writing not to adopt California’s innovation or develop any other offerings that threatened their business model. I think the IRS deserves much of the blame for yielding to Intuit's persuasion. Every American should be upset with both Intuit and the IRS.
On the federal level almost every bad thing that happens and good thing that doesn't happen is the fault of the senate.
California tried to save the nation from tax filing, then Intuit stepped in
291–300 of 304 posts
Re: California tried to save the nation from tax filing, then Intuit stepped in
#292Earlier quoted context omitted.
Foreign Income Earned Credit. Basically since the US is one of two countries in the world to still collect taxes from people living abroad, you have to file taxes every year still but it usually amounts to a net of $0.00 as it's written off under double-tax agreements with Germany.
You are conflating two different tax benefits. The Foreign Earned Income Exclusion essentially sets your tax rate to 0% for the first $108k of earned income. It has no effect on earned income in excess of this threshold, or on unearned income such as investment income. https://www.irs.gov/individuals/international-taxpayers/fore... The Foreign Tax Credit subtracts your foreign tax liability from your US tax liability…
Re: California tried to save the nation from tax filing, then Intuit stepped in
#293Earlier quoted context omitted.
> I mean red states are more rural which alone would account for more subsidies. Yeah, duh, that's their point. We are strong as a country because our wealthy, dense state economies support our poorer, rural state economies; and that's why it's laughable when red-state citizens and politians rant about seceding from the "evil communist blue states."
By "poor rural" areas you mean the people that grow the food you eat?
Re: California tried to save the nation from tax filing, then Intuit stepped in
#294Earlier quoted context omitted.
It is Converse that makes these decisions, no? The IRS just does what it is told.
I'm not mad at congress, I'm mad at the fools who keep voting for them.
And so it goes.
Re: California tried to save the nation from tax filing, then Intuit stepped in
#295Earlier quoted context omitted.
Yeah let's run the country like Alabama instead. They're doing well! /s
Alabama has a higher GDP per capita than Germany, Belgium, Israel, France, Japan, the U.K. and...I could go on. Alabama is doing well. We live in such an enormously wealthy country that it only looks bad by comparison. But not by comparison to basically anywhere else on Earth. Source: https://en.wikipedia.org/wiki/Comparison_between_U.S._states...
https://worldpopulationreview.com/state-rankings/quality-of-...
Re: California tried to save the nation from tax filing, then Intuit stepped in
#296Earlier quoted context omitted.
> The "left" that has power in the US (establishment dems) barely qualify as being left at all You seem to interpret that statement as an opinion, but it is not a subjective statement. [1] The U.S. isn't the only democracy in the world, and if we compare the Democratic party with other political parties around the world, they are indeed barely left-of-center. [1] https://archive.md/PjNEF
I'm not sure an opinion piece in the nyt qualifies as evidence but that same analysis classified tons of other liberal parties as right wing (uk, switzerland etc) which seems more like they have a definitions problem due to a complete lack of clear criteria.
Frankly, I have no idea why people consider liberal to be left wing. How else would you describe an ideology that emphasizes private property, free trade, and market capitalism as anything other than at least moderate right? Sure, if you’re a monarchist that whole “equality before the law” sounds radical left, but for the rest of us… And that’s before we talk about neoliberalism and it’s emphasis on free markets and minimal government interference, which is hardly a leftist position.
Re: California tried to save the nation from tax filing, then Intuit stepped in
#297Earlier quoted context omitted.
The left doesnt really have any power in the US. What passes for the left (the socially liberal corporate elites that run most of the democratic party) are pretty much just as invested in protecting the rentiers as the right wing. Rentier money is structurally geared towards destroying any populist politicians who threaten their rents. It was a fluke that AOC won given her Democratic opponent (when she was unknown) o…
This is so important and I think a lot of people miss it. The "left" that has power in the US (establishment dems) barely qualify as being left at all. They are very much invested in protecting power and wealth. The only "left" that would push against the rentiers are people who will almost never see power. However, I wouldnt say AOC winning is a "fluke". Its definitely the exception, but progressives have been able…
Re: California tried to save the nation from tax filing, then Intuit stepped in
#298Earlier quoted context omitted.
I think the picture is more complex than donor states and receiver states. As the article below argues, the Rockefeller study that the data comes from has flawed methodology. New York for example benefits tremendously from its large financial industry that pays a lot in taxes. But arguably the industry is so concentrated in New York today because of federal laws that force the federal reserve to conduct its financial…
Ahh, yes. The WSJ commentary/opinion section. Truly a pinnacle of economic discussion.
Re: California tried to save the nation from tax filing, then Intuit stepped in
#299So we should continue to vote for the politicians who do the public such a service. I fail to see Intuit as the evil company. The politicians that the public votes for are not even responsible. It is the public that votes for them that is at fault. That is the real harsh truth. No one to blame but “ourselves”. I would always be baffled by friends who would decry outcomes but continue to vote for those who created the…
The real problem here is structural. We need approval voting/range voting, and for more of the "executive branch but really still regulatory" positions to be elected rather than appointed. Right now you say "vote for politicians who do good things" and then every politician is found to be doing some good things and some bad things with their opponent doing the opposite, and someone doing a higher proportion of good t…
Re: California tried to save the nation from tax filing, then Intuit stepped in
#300Earlier quoted context omitted.
What your saying implies that the entire congress is responsible as everyone is accepting deals to look the other way… maybe you need to reevaluate what your writing?
> What your saying implies that the entire congress is responsible as everyone is accepting deals to look the other way… maybe you need to reevaluate what your writing? Is that really so hard to imagine?