The hottest Taxes Substack posts right now

And their main takeaways
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Age of Invention: The Second Soul, Part I

Age of Invention, by Anton Howes • 1281 implied HN points • 08 Mar 24
💾 History Europe Taxes Geography Society
  1. Salt was a crucial product in the past, impacting agriculture, food preservation, and even the economy of various regions.
  2. The control and taxation of salt played a significant role in the rise and fall of empires and states, showcasing the power dynamics associated with this essential commodity.
  3. Different geographical factors influenced the success of salt taxes, with regions like north-west Europe reaping the most rewards from this practice.

Continuous Fights

Points And Figures • 746 implied HN points • 17 Mar 24
🇺🇸 U.S. Politics Education Abortion Taxes Spending Trump
  1. Education funding doesn't always result in better student performance; embrace school choice for improved outcomes.
  2. Republicans should address the abortion issue firmly, defund the abortion industry, and focus on education and conversation.
  3. Changing the tax code to consumption-based taxation could provide economic incentives for growth and burden levied based on richer individuals.

Tariffs Do Not Work

Points And Figures • 506 implied HN points • 15 Jan 24
🇺🇸 U.S. Politics Tariffs Taxes Trade Economy Policy
  1. Tariffs do not work as intended, often leading to higher prices for consumers and businesses.
  2. Repealing all tariffs on foreign goods and shifting to a consumption tax system could make imports cheaper and boost competitiveness of US products.
  3. Using a consumption tax system could lower prices for American consumers and create a more competitive market without the need for tariffs.
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The US national debt reached $34.5 trillion, an all-time record, but does it actually matter?

Global Markets Investor • 39 implied HN points • 07 Mar 24
💰 Finance Debt Economy Investments Taxes Monetary Policy
  1. The US national debt has reached a record $34.5 trillion, increasing by $1 trillion every 100 days since June. This high level of debt poses challenges for the government and future generations.
  2. The US debt-to-GDP ratio is currently at 123.7%, near the all-time high. A high ratio decreases a country's ability to pay back debts and could lead to default or inflation-adjusted losses for investors.
  3. A country with a debt-to-GDP ratio above 130% historically has a high probability of default. High debt levels can limit future investments, impact economic growth, and reduce flexibility in responding to crises.

Taxes?

Pinecone Weekly Brief • 78 implied HN points • 28 Oct 23
💰 Finance Taxes
  1. The post is about taxes.
  2. The post includes a link to Chase Taylor's profile.
  3. There is an option for a 7-day free trial to access more content.

Microsoft vs the IRS

philsiarri • 44 implied HN points • 12 Oct 23
💼 Business Taxes Tech Companies
  1. Microsoft is facing a $29 billion IRS audit for unpaid taxes from 2004 to 2013.
  2. The dispute centers around how Microsoft allocated profits across international jurisdictions.
  3. Big tech companies like Microsoft face scrutiny for shifting revenue to reduce tax obligations.

Choosing Your Business Structure - LLC or Sole Proprietorships

BillaBear SaaS Start Up Guide • 1 HN point • 22 Mar 24
💼 Business Structure Taxes Opportunities Growth
  1. Understanding the business structure options (LLC and Sole Proprietorship) is crucial. It affects taxation, liability protection, and growth opportunities.
  2. Sole Proprietorships are simple to set up but face high taxes and limited growth. Personal assets are at risk in case of legal issues.
  3. Limited Liability Companies (LLCs) offer more liability protection, growth opportunities, and flexibility in ownership. They can save on self-employment taxes and allow for easier business continuity.

War Criminal and a Few Other Phrases and Euphemisms “To Die For”

The False Consensus Effect • 0 implied HN points • 29 Mar 22
🇺🇸 U.S. Politics Government International relations Military Policy Taxes
  1. One way war criminals are referred to as 'a person who has carried out an act during a war that violates accepted international rules of war'.
  2. Using euphemisms like 'To Die For' can sometimes reflect on wanting something but being confronted with harsh realities instead.
  3. Actions of governments and nations can portray them as 'good guys' when they claim to be morally correct, but the truth may be far from it.

Exploring the Impact of Government Taxes on Communities

Wayne's Earth • 0 implied HN points • 22 Dec 22
🇺🇸 U.S. Politics Government Communities Taxes
  1. Before government taxation in the 1880s, people relied on bartering, built strong community relationships, and had the freedom to take risks in business.
  2. Without taxes, communities handled their own needs, supported each other during hardships, and valued entrepreneurship over material possessions.
  3. Life in communities before government taxation was simpler, richer, and focused on common goals, encouraging collaboration and mutual support.