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21 Apr 2009, 1:12 am
Even some of his medium-sized (but very good) ideas, such as his plan to limit the tax deductibility of various items for higher-income taxpayers (which I discussed here and here), have already been beaten into submission.Moreover, there are some big ideas that become less desirable (or politically plausible) during a big crisis. [read post]
27 Jan 2010, 9:10 pm
Similarly, Obama made his proposal for taxing financial institutions to pay for the costs of the federal guarantee that has been necessary to move them out of crisis through use of the TARP funding. [read post]
28 Aug 2009, 9:15 pm
He is a member of the American Society of IRS Problem Solvers and the Tax Freedom Institute. [read post]
17 Nov 2011, 7:21 am
Since the financial crisis, there has been frequent talk of the introduction of a financial transaction tax. [read post]
23 May 2009, 7:14 am
Neither the Senate nor House bill define “major financial institution” or those institutions that were “likely to have failed” but for the receipt of exceptional Government assistance. [read post]
7 Oct 2020, 2:45 pm
Additionally, Spanish financial institutions already pay a corporate tax rate of 30 percent, above the 25 percent general corporate tax rate, as the Savings Banks Foundation in Spain highlights in a recent report that predicts negative effects of the FTT on the Spanish economy. [read post]
11 Sep 2014, 11:44 am
You resist the temptation to use those savings for some intervening crisis. [read post]
10 Aug 2020, 8:20 am
Instituting a payroll tax cut would deprive Social Security taxes to the agency to pay for retirement, disability and survivor’s benefits. [read post]
6 May 2016, 9:49 am
The huge and growing endowments of our institutions is merely a reflection of arithmetic at work. [read post]
17 May 2017, 7:10 am
The result is less a constitutional crisis, than a “governing crisis” which, from time to time, as in the current obstruction of justice issues, will have constitutional and legal dimensions. [read post]
9 Mar 2020, 3:36 pm
The deregulatory aspects of the bill, according to many critics, paved the way to the 2007 subprime mortgage crisis and the broader financial crisis. [read post]
11 Sep 2014, 11:44 am
You resist the temptation to use those savings for some intervening crisis. [read post]
19 Dec 2019, 3:45 am
Three approaches were mainly discussed, namely financial stability contributions (levied on financial institutions’ liabilities and/or assets) financial activities taxes (levied either on financial institutions’ profits or remunerations) financial transaction taxes (levied on trade in financial instruments such as stocks, bonds, derivatives, and currencies) Today’s map shows which European OECD countries implemented financial stability… [read post]
22 Feb 2021, 12:13 pm
The windfall tax could also target specific sectors that have benefited from the government policies during the COVID-19 crisis. [read post]
17 Jun 2011, 3:16 pm
” The meaning of, and requirements for, consolidation differs in the financial reporting and U.S. federal income tax contexts. [read post]
13 Jan 2012, 3:13 am
A financial transaction tax has several advantages especially relevant in this post-financial crisis period. [read post]
21 Oct 2010, 9:00 am
Taxation - The recent financial crisis, which unfolded in Europe and elsewhere, coupled with a variety of other emerging issues including climate change and resource efficiency which entail certain financial obligations, led the three institutions, the European Commission,... [read post]
3 Dec 2021, 9:03 pm
Plant-based meat also has the potential to combat the climate crisis. [read post]
12 Oct 2009, 7:43 am
This was an argument heard particularly in the 1990s with respect to the global capital markets, around the various currency crises, the Mexican peso crisis of the early 1990s or the Asian crisis of the later 90s. [read post]
28 Sep 2011, 7:18 pm
The tax would be levied on all transactions on financial instruments between financial institutions when at least one party to the transaction is located in the EU. [read post]