taxation

The question is no longer whether we can tax extreme wealth effectively - it's whether we can afford not to

Kavya Sharma, Jindal Global Law School, OP Jindal Global University I. Introduction: The Shot Heard Round the Gaming World The Directorate General of GST Intelligence (DGGI) issued a show cause notice to Gameskraft Technologies Private Limited on 23 September 2022. The Bengaluru-based company operates an online rummy platform which received a tax demand of ₹21,000 crore for unpaid GST. The figure…

"Why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes?" Bezos said Wednesday morning on CNBC. "That's $1,000 that could help with rent, or groceries, or anything."

Ananya Singh, BBA LLB, Presidency University, Bangalore ABSTRACT Tax reforms play a pivotal role in shaping the economic trajectory of a nation by influencing revenue systems, investment flows, and taxpayer behaviour. In India, tax reforms have undergone significant transformation, particularly after the economic liberalisation of 1991, with a focus on simplification, transparency, and economic e…

The debate over progressive taxation in Washington state has been building for months, with the tech community largely alarmed by what it sees as a hostility toward business in the region. Read More

Amreen Hassan, Manav Rachna University Sneha, Manav Rachna University ABSTRACT This research is especially focused on the changing relationship between the tax system of India and equality as it operates in the Constitution. The research is expected to explore the critical examination of constitutional provisions, significant judicial pronouncements, and how tax policy development and practice by…

Ah, Tax Day.  If you’ve been staring at your tax bill and wondering how to keep more of your money, money, money to yourself next year, you might consider taking a page out of the billionaire’s playbook. You could be like Steve Ballmer and write off the costs of buying a sports team, or make […]

Americans are getting crankier about paying taxes.  Most people don’t enjoy paying Uncle Sam, but for much of the 2000s and 2010s, a sizable percentage of Americans thought that the amount of federal taxes they paid was “about right,” according to Gallup. But recently, the share saying their taxes were “too high” has been climbing; […]

The so-called "millionaires tax," which would create a 9.9% tax on income that exceeds $1 million, has drawn opposition from some tech leaders and entrepreneurs. Read More

A new bill proposal would increase Washington’s capital gains tax by adding a 2.9% surtax on annual investment profits over… Read More

The Tobin (or Robin Hood) Tax was proposed decades ago by the eponymous Nobel Laureate (that’s James Tobin, not Robin Hood) as a means of stabilizing currencies via a small tax on all transactions. Every [...]