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IRS guidance for thieves, drug dealers, and corrupt officials
IRS guidance for thieves, drug dealers, and corrupt officials. IRS illegal activities guidance helps taxpayers determine how to report their income.
Tax Foundation
Tax Foundation is the world's leading independent tax policy nonprofit. We lead the tax reform debate toward smarter simpler policy.
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Visit taxfoundation.org → RSS feedOn Hacker News Aug 2016 – Feb 2025
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Reining in America's $3.3T tax-exempt economy
For over a century, lawmakers have exempted politically favored organizations and industries from the tax code. As a result, the tax-exempt nonprofit economy now comprises 15 percent of GDP, roughly equal to the fifth-largest economy in the world.
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The European VAT Is Not a Discriminatory Tax Against US Exports
The Trump administration appears to be moving in a “reciprocal” policy direction despite the significant negative economic consequences for American consumers of across-the-board tariffs on goods coming into the US. However, the EU’s VAT system should not be used as a justification for retaliatory tariffs.
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California Considers Doubling Its Taxes
Practically doubling state taxes—even if the burden is partially offset through state-provided health coverage—could send taxpayers racing for the exits.