Bernie Sanders isn't letting a new focus on his own tax status as a millionaire deter him from bashing corporations including Amazon and Netflix that paid no taxes last year, calling them a "disgrace" and noting that "millions of people today are paying actually more in taxes." The Vermont senator and presidential candidate, speaking at Fox News town hall event on Monday, pointedly made the criticism on Tax Day, when taxpayers must file their taxes for their previous year's income unless they file for an extension. His comments come on the heels of a report that found 60 Fortune 500 companies paid no taxes on a total of $79 billion of profits earned in 2018."Amazon, Netflix and dozens of major corporations, as a result of Trump's tax bill, pay nothing in federal taxes. I think that's a disgrace," Sanders, an independent from Vermont, said. Sanders also tweeted that the number of profitable companies paying no taxes has doubled, citing the tax overhaul signed into law by … [Read more...] about Bernie Sanders: Amazon, Netflix are a “disgrace” for not paying taxes
Who pay taxes
Sarah Skidmore Sell, Ap Personal Finance Writer Updated 6:06 am PDT, Sunday, April 14, 2019 FILE- This Feb. 13, 2019, file photo shows multiple forms printed from the Internal Revenue Service web page that are used for 2018 U.S. federal tax returns in Zelienople, Pa. If you don’t think you will be able to complete and file your taxes on time, request an extension. Filing an extension helps taxpayers avoid penalties for a late return, according to the IRS. less FILE- This Feb. 13, 2019, file photo shows multiple forms printed from the Internal Revenue Service web page that are used for 2018 U.S. federal tax returns in Zelienople, Pa. If you don’t think you will be ... more Photo: Keith Srakocic, AP Photo: Keith Srakocic, AP Image 1 of / 1 Caption Close Image 1 of 1 … [Read more...] about Can’t file (or pay) taxes on time?
Updated 6:59 pm PST, Friday, February 1, 2019 FILE - In this Thursday, Jan. 9, 2014, file photo, workers assemble ovens at the new Electrolux home cooking appliance factory in Memphis, Tenn. Electrolux says it is stopping production at its Memphis, Tennessee, factory while investing $250 million in a separate facility in the state. The Stockholm-based maker of Frigidaire products said Thursday that it is consolidating all U.S. cooking manufacturing into its facility in Springfield, less FILE - In this Thursday, Jan. 9, 2014, file photo, workers assemble ovens at the new Electrolux home cooking appliance factory in Memphis, Tenn. Electrolux says it is stopping production at its Memphis, ... more Photo: Adrian Sainz, AP Photo: Adrian Sainz, AP Image 1 of / 1 Caption Close Image 1 … [Read more...] about Memphis official: Electrolux agrees to pay taxes on factory
Graham Norton slams ‘short-sighted’ celebrities who avoid tax BelfastTelegraph.co.uk Graham Norton has condemned “short-sighted” celebrities who avoid paying tax. https://www.belfasttelegraph.co.uk/entertainment/film-tv/news/graham-norton-slams-shortsighted-celebrities-who-avoid-tax-37363190.html https://www.belfasttelegraph.co.uk/entertainment/film-tv/news/article37363188.ece/ef16d/AUTOCROP/h342/bpanews_d6c14735-6e82-486b-9404-c17456c84238_1 Email Graham Norton has condemned “short-sighted” celebrities who avoid paying tax. The 55-year-old television and radio personality was revealed to have been paid between £600,000 and £609,999 by the BBC when the corporation published the salaries of its on-air talent in July. Norton, who presents a weekly show on Radio 2 as well as his own TV chat show, said financial advisers had offered him schemes which would help him pay less tax but he refused. He told the Daily Mirror he … [Read more...] about Graham Norton slams ‘short-sighted’ celebrities who avoid tax
There are some things you need to know before the French government starts taking your taxes directly out of your salary (called "prelevement a la source in French) at the beginning of 2019. Here's a list of the main questions and answers people are asking right now and if there are any missing that you would like information on, please email us at [email protected] and we will answer them and add them in. Will the change affect me? The reform concerns nearly all taxpayers at all levels of income in France who are earning through their work or their pension. In all, some 38 million households are set to be affected by the change. From January 2019 income tax (called impôt sur la revenu in French) will automatically come out of salaries, pensions and substitute income, for example in the case of maternity leave, job seekers' allowance and sickness compensation. What if I'm self-employed? Those … [Read more...] about Q&A: What the big change to income tax in France means for you