Post Tagged 'Tax avoidance'

September 30, 2020

5 lessons from Donald Trump’s tax returns

A couple making $31,900 who file with the standard deduction would pay $750 in federal income tax. That amount – $750 – is also how much Donald Trump paid in federal taxes in 2016 and 2017. Continue Reading...

September 18, 2018

Abp Justin Welby compared Amazon to leeches — but it built his church

In a recent speech, the Archbishop of Canterbury likened Amazon executives to leeches and ancient Aztec rulers who “ate the flesh of human sacrifices.” However, in reality Amazon has generated such prosperity for its shareholder, the Church of England, that it has financially built up the body of Christ. Continue Reading...

February 10, 2017

Does David Beckham have a moral obligation to get ‘soaked’?

Retired soccer legend David Beckham was denied knighthood in 2013 after British authorities flagged him for “tax avoidance,” according to a new story in the Telegraph. Beckham had invested in Ingenious Media, a company that supported the British film industry – and also allowed investors to write off their losses. Continue Reading...

April 15, 2016

Is Paying Taxes a Christian Responsibility?

After almost three decades of filling out increasing complex tax forms, you’d think I’d be used to it (or at least resigned to the onerous task). But every tax season I complain even more than I did the year before. Continue Reading...

December 09, 2015

3 Modern Economic Lessons from an Ancient Tax on Windows

King William III of England needed money, so in 1696 he decided to implement a new property tax. To make sure the tax was progressive (i.e., affected the rich more than the poor), the parliament devised a seemingly clever idea: they’d use the number of windows as an index for the value of a house. Continue Reading...

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