Editorial | Polis wants to help the rich — including himself — pay more taxes
, who paid an average tax rate of 8.2% from 2010 to 2018 and was not on the list of 400 top earners, to help us fix the broken tax code.
Like many of the individuals on ProPublica’s top 400 analyses, Polis is an entrepreneur, predominately in the tech industry. Polis has never drawn a traditional salary from companies, the kind that would generate a W2, but rather his money came in big tranches of cash either when his businesses went public or sold.
On his losses – like the approximately $9 million loss on a single start-up around 2009-2010 — Polis could then deduct those losses from future income . He wants to be clear that he never used the “egregious” loophole whereby some extremely wealthy individuals forego even capital gains when they have a major taxable event, by instead borrowing money on unrealized investments.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Taxes 2022: What to do if you can’t pay your taxes by tax dayWith tax day approaching quickly, some Americans who owe may feel financially unprepared to pay their tax bill by this year’s April 18 deadline. Fortunately, the IRS offers several options to pay your taxes but you need to act fast.
Consulte Mais informação »
Tax Day: IRS reminds last-minute filers of tax deadline - New York Amsterdam NewsThe Internal Revenue Service is reminding taxpayers the deadline to file and pay tax owed for most individual income tax returns is Monday, April 18. The agency wants last-minute filers to know tax help is available to file a tax return, request an extension or make a payment, 24 hours a day on IRS.gov.
Consulte Mais informação »
Parcast union contract with Spotify includes raises and diversity initivativesParcast union contract with Spotify includes pay raises and diversity promises
Consulte Mais informação »
Why paying down debt is the best use of your tax refundThere are a number of advantages to using the money to reduce your debt, and it doesn't mean you have to sacrifice fun.
Consulte Mais informação »
Alameda tax to raise teacher pay struck down in court rulingAlameda Unified is still committed to paying the teacher raises it has agreed to.
Consulte Mais informação »