In economics, taxes fall onwhoever pays the burden of the tax, whether this is the entity being taxed, such as a business, or the end consumers of the business’s goods. From an accounting perspective, there are various taxes to consider, including payroll taxes, federal and state income ...
Land value taxes differ from a property tax in that only the land is being taxed, not improvements such as buildings, which is why many people’s property taxes will decrease. Land intrinsically has value based on what’s under it (e.g. natural resources) or near it. Buildings, such as...
Reeves, who earlier this year signed into law a ban on gender-affirming care for minors, accused Presley of being a “radical liberal” who supported such care. That prompted Presley torun ads clarifyingthat he’s “pro-life” and doesn’t “support sex changes for minors” — but the ...
Medicare is proposing a paycut of 4%. It is slowly becoming an unsustainable business model. Many doctors are refusing to accept Medicare patients. It will come a time when the US medicine deteriorate so much that you may have to leave the country to get good medical care at reasonable cos...
It is also true that Congress effectively limits the number of residents since Medicare pays for the bulk of resident expenses in Direct Graduate Medical Expenses DGME). If AMA representatives want to blame Congress though, I’d like to see them also support getting government out of the ...
It was just from the reimbursement for something they did a lot in their specialty being cut. It got cut by Medicare and then ended up being cut by the private insurance companies. All of a sudden, there was just less money there to pay them. If they were in any sort of private ...
Specifically, I signed it for three reasons: 1) Those of us concerned about ensuring economic security and maintaining vital human services programs need to step into the fray as the committee seeks consensus. A failure to do so will lead to decisions made about the future of Medicare and ...
So they are not taxed anything but a “flat 15%”. If you’re proposing doing away with the 3 income buckets in return for a flat 20% tax on all sources of income. I would definitely be in favor of that. 20% on all income is fair trade. Hell I would be willing to give up ...
And because it’s a retirement account, you’re shielded from being taxed on dividends and capital gains as well. These are huge benefits! As far as contributions go, here are two important things to be aware of: The IRS sets the contribution limit each year. For 2021, that limit is $...
Using the Warren Mosler scoreboard analogy. A scoreboard is “point sovereign.” It has the unlimited ability to post points. It never runs out of points. So it doesn’t use points taxed from players or spectators. Even if strangely, it did levy a “points tax,” it wouldn’t use those...