“When estimating consumption from the amount of beer provided to soldiers, convicts, and workers or reconstructing consumption from tax revenues on beer we see that the average person consumed about a liter of beer a day, this is around four […]
“It’s taking consumer finance companies with massive distribution, combining them with a tax preparation API and real-time visibility into users tax position. Tackling TurboTax head on is probably a waste of money. Tackling TurboTax asymmetrically has a real shot.” | learn more
“With the pandemic bringing a host of financial problems Chicago’s way, 11th Ward Alderman Patrick Daley Thompson proposed a ground delivery tax.” The city’s never-ending search for ways into residents’ pockets goes on. Not content with taxing the contents of […]
“Ikea is a nonprofit dedicated to furthering the advancement of architecture and interior design–a cause they give a pittance of $2 million or so to a year.” Click through for an overview of their clever tax avoidance structure. | learn more
It seems like a clever strategy to sidestep a battle with the big city with more legal resources. “The firm contends the north suburb’s ride-hailing tax violates state law. Its arguments could apply to the mayor’s proposed $40 million tax […]
From the Chicago Tribune: “Here’s a look at what your tax dollars are buying.” | learn more
I’ve had a few conversations lately with people who gloss over the reality that cryptocurrency transactions are each taxable events in the eyes of the IRS. This isn’t necessarily a permanent state, but it is the situation we’re in today […]
This doesn’t look nearly as bad as it could have been. And of course, it still needs to overcome a long process to become law. But of course, it would be nice if maybe the state figured out how to […]
The government is collecting so much tax revenue from them that they’re paying a 3rd party company to deal with the cash. | learn more
Not literally, but, “The rate on the [school district’s] bonds, which are supposed to stay extremely low because investors can resell them to banks periodically, jumped to a maximum 9 percent on March 1 from 4.64 percent the week before […]