taxation   2974

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How health care is funded | The King's Fund
Overview of different models of funding for a country's health care.
taxation  health-care 
4 days ago by mamapitufo
Lorna Finlayson · Corbyn Now · LRB 27 September 2018
If the path Corbyn has started to follow is again closed off, there are two foreseeable consequences. The first is that anger and disaffection will find another outlet. While frequent reference to a racist and right-wing public opinion has been a convenient device for the protection of the status quo, there is no virtue in maintaining an opposite fiction of the British people as saints and socialists. The appetite for Corbyn’s vision of a more compassionate and co-operative society coexists with a counter-tendency that has been well nurtured in recent years: the tendency towards suspicion of strangers and neighbours, the scapegoating of the vulnerable, resentment and a desire to dominate others. This tendency was on full display during the Brexit referendum campaign, and was given a formidable boost by the result. (There is no need to choose between the interpretation of Brexit as a protest against a neoliberal political establishment or as expressive of an ill-informed, racist bigotry: it is both.) Islamophobic sentiment and related attacks are on the increase, legitimised by a media which has for years been normalising far-right rhetoric. British liberals like to believe that Americans are a different species but they didn’t think that even the Americans would elect Trump. Boris Johnson – limbering up with carefully pitched comments about women in burqas and suicide vests – is a threat not to be underestimated. And there are fates worse than Boris.

The other foreseeable consequence of the defeat of Corbynism is that what remains of the achievements of an earlier Labour Party will be undone. The combination of the economic consequences of Brexit and another few years at the mercy of the Tories or Labour ‘moderates’ will spell certain death for the NHS (even without Brexit, the health service would be doomed to an only slightly slower demise). In this context, the attacks on Corbyn’s leadership are attacks on all those whose lives depend quite literally on a break with politics as we currently know it.
UK  politics  LabourParty  CorbynJeremy  Corbynism  LRB  capitalism  Bennism  redistribution  welfareState  taxation  tuitionFees  education  reform  Blairism  centrism  anti-Semitism  IHRA  Israel  Brexit  farRight  dctagged  dc:creator=FinlaysonLaura 
23 days ago by petej
Rechenprobleme im Steuervereinfachungsparadies (TEIL1) – DOMIKRATIE
an overview of some tax topics related to the new law of stocks in germany
degiro  stocks  etf  taxation  germany 
23 days ago by marionzualo
Take note: What happens if you don’t file your tax returns by the due date
In case you file your income tax return after August 31 but by December 31 you will have to mandatorily pay a late fee of Rs 5,000 and in case you miss this deadline as well, the late fee applicable will be Rs 10,000. There is relief for small taxpayers with income up to Rs 5 lakh, the amount of late fee in such cases shall be restricted to Rs 1,000 only.In case you fail to file your ITR by the last date and the income tax department comes to know about it, the income tax department can levy a penalty of 50 percent on the income for the year/s. Moreover, it can also launch prosecution against you for your failure to file your ITR in case the tax sought of be evaded is more than Rs 3,000. The period of imprisonment may vary between two years and seven years depending on the amount of tax involved.
7 weeks ago by thomas.kochi
What are taxes for? The MMT approach | Naked Capitalism
in the case of a government that issues its own sovereign currency without a promise to convert at a fixed value to gold or foreign currency (that is, the government “floats” its currency), we need to think about the role of taxes in an entirely different way. Taxes are not needed to “pay for” government spending. Further, the logic is reversed: government must spend (or lend) the currency into the economy before taxpayers can pay taxes in the form of the currency. Spend first, tax later is the logical sequence.
9 weeks ago by altoii
What are taxes actually for? | Claire Connelly | Medium
Governments like those of the US, UK, China, Australia, Canada, etc run spend & tax economies, not tax and spend. They do not need your taxes to pay for anything. You might be angered to know that, actually, your taxes are not used for anything after you pay it. Not at a federal level. Your taxes are essentially destroyed upon receipt. Taxation is the act of taking currency out of the economy. Using your taxes to pay for public services would keep that money in circulation, thus serving the very opposite of its purpose...There are some exceptions here which are important to underline: Taxes pay for services at state and local levels, but that is only because they are themselves inadequately funded by federal governments and therefore raising taxes becomes necessary to make up the revenue shortfall.
9 weeks ago by altoii

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