The Exchequer Secretary to the Treasury, David Gauke, told The Daily Telegraph he totally disapproves of the practice to pay tradesmen cash in hand. Treasury officials even added that customers should act as ‘good citizens’ and not accept cash work without a receipt. In a nutshell, customers are bad citizens and they are the ones to blame! […]
Pay Down the Deficit with Inheritance Taxes
The solution to America’s budget deficit is obvious; make the dead pay. Afterall, the dead are dead and they don’t care. Think about it. Who caused the budget deficit? Who voted for these outrageous entitlements? Who milked social security and Medicare while they were alive? The dead, of course. The current inheritance tax […]
State, Local Tourism Taxes Keeping Americans Home?
In addition to the piss poor economy in the United States at the present time (pardon my French), it appears that the U.S. Chamber and travel and tourism industry have yet to also discover just why occupancy levels are down, and more and more Americans are staying at home during normal vacation periods. And that […]
McCain’s Health Care Plan: Increases Taxes, Decreases Coverage
by Seth Michaels, Apr 29, 2008 Today in Tampa, Fla., Sen. John McCain gave an address his advisers claimed would “unveil” his health care proposal—but he essentially offered the same tired proposal he’s been touting for months. Most policy analysts agree this plan won’t cut costs, won’t cover more people and won’t […]
How businesses using gig economy to save millions of dollars
A New Economy The gig economy is rapidly increasing. Now its advancing towards 50 percent of all American workers involved in one way or another as independent contractors. The gig economy emerged over the past 20 years as another type of workforce. Paralleling traditional labor markets and assuring adequate income for millions of people unable to […]
The Importance of Country of Tax Residence and Residential Status
Paying taxes can be a burden for many. There are lots of people out there who don’t like paying taxes because they want to share their rewards with anyone. Therefore, they try to take advantage of the loopholes in tax laws in order to reduce the amount of tax on their income and profits. One […]
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