Podcasts about excise tax

Are tax hikes really driving up illicit trade, or is the industry narrative just smoke and mirrors? Professor Corné van Walbeek, Director of UCT’s Research Unit on the Economics of Excisable Products (REEP), joins John Maytham to unpack key insights into why beer consumption is thriving despite tax increases, how Treasury’s tiered alcohol tax model is encouraging healthier choices, and why South Africa is losing billions each year to illicit cigarettes. It is a data-driven deep dive into the numbers, the narrative, and the policy path forward.See omnystudio.com/listener for privacy information.

Id like to “excise” the asshole that came up with the “excise tax” from planet earth. I'm so tired of arbitrary and ever-growing surcharges for almost everything conceivable. Stop casting Michael Fassbender as an urbane spy and/or hitman. I've had it with “Grandma-la Anderson;” PUT SOME MAKE UP ON, YOU FUCK. The stranded astronauts came back to earth, but there's more to this story than we really got. No one cares about JFK assassination. I spend a lot of time talking about 70s crime film “Prime Cut.”

The National Liquor Traders says the recent excise tax hike will have devastating consequences for the legal liquor industry. With a 6.75% increase in excise duties on alcoholic beverages, the industry fears that honest businesses will struggle to stay afloat while illicit traders thrive. Elvis Presslin spoke to Lucky Ntimane, National Liquor Traders Convenor to elaborate further about their concerns

The Nebraska Legislature's Revenue Committee considered a bill Wednesday to tax the cryptocurrency industry. Sen. Mike Jacobson introduced the legislation at the request of Gov. Jim Pillen. The bill would place an excise tax of one cent per kilowatt hour on electricity used for cryptocurrency mining operations .

The Nebraska Legislature's Revenue Committee considered a bill Wednesday to tax the cryptocurrency industry. Sen. Mike Jacobson introduced the legislation at the request of Gov. Jim Pillen. The bill would place an excise tax of one cent per kilowatt hour on electricity used for cryptocurrency mining operations .

“This country has been crippled in the way politicians handle affairs … Well, someone needs to step up at some point and have the courage to recognise that we are now at a breaking point.”Anyone paying attention to craft beer in Australia over the past decade will be aware of two things. One, that Hawkers have consistently put out some of the best beers of any brewery in the country over that period. And, two, that founder and outgoing CEO Mazen Hajjar is one of the sharpest and most outspoken commentators on the industry.Both were among the reasons we invited him to be a guest on the podcast: Hawkers turn ten this month while the beer and hospitality worlds are experiencing existential threats from multiple directions. Since we extended that invite late last year, he's found himself in the eye of the news too after merging his brewery with White Bay in Sydney to form Social Drinks Group. The move provided more ammunition for what was always going to be a fascinating, wide-ranging, and occasionally fiery chat – one in which we addressed the issue of excise tax and a lack of support from the Federal Government just days before it blew up again on the back of the latest bi-annual tax hike and accompanying comments and directives from the Treasurer and ACCC respectively. The latter part of the interview is where Mazen really builds up a head of steam, taking on not just excise tax but other hot topics, including the abandonment of indie brewers by the homebrand-hawking retail duopoly, tap contracts, the inequities of the country's various container deposit schemes, and the lack of support for local producers from the government. He also expresses hope, however, even as he acknowledges that much of the industry is at breaking point, while reflecting on his decade at the helm of Hawkers, lessons he brought with him from his home country of Lebanon, and educating drinkers through experimentation.He also takes us inside the merger with White Bay – how it came aboutand is their attempt to carve out a future in a much-changed landscape – while sharing his experience of going through voluntary administration, as well as his future plans.Prior to joining Mazen, there's a longer-than-usual intro as Will and James discuss the fallout from the most recent rise in excise tax, its coverage in the media, and how the calls for change seem to be coming from more quarters and getting ever louder in this election year.Hendo is back with more tips on brewing efficiently, and we look ahead to the reopening of Tiny Mountain in Townsville after the brewery was bought from Lion by a Queensland-based hospo group.Start of segments: 22:27 – Mazen Hajjar Part 1 50:00 – Rockstar Brewer Academy 55:34 – Mazen Hajjar Part 2Relevant links: Hawkers & White Bay Merge The Exploding Cost Of Brewing Beer IBA response to the Treasurer's comments on excise tax IBA's Save Indie Beer Campaign Tiny Mountain To Reopen The Crafty Pint's Brewery & Venue Directory Rockstar Brewer AcademyTo find out more about supporting the show or otherwise partnering with The Crafty Pint, contact craig@craftypint.com.

A new report has found that beer makes up almost 1% of our country's GDP. Brewing accounted for $3.6 billion of our GDP last year and 1.3% of the national workforce is employed in the brewing industry, but alcohol excise duties often outpace inflation, and this is having an effect on the industry. Garage Project co-owner Jos Ruffell is calling for smaller hikes in excise tax to support the industry. "Our single largest ingredient cost each month is excise tax to the government," he said. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

National Treasury is considering a significant increase in excise tax on alcohol, in a bid to curb the country's drinking problem. The move aims to reduce the affordability and appeal of alcoholic beverages, but what will be the impact on the liquor industry? Elvis Presslin spoke to Lucky Ntimane, National Convener of the National Liquor Traders Council

Colorado voters approved a proposition in the last election that funds victims' services and other support programs through an excise tax on guns. We talk with an advocate about efforts to reduce gun vigilance. Then, what's next for RTD now that voters have weigh-in on new board members and funding? Also, how the fantasy novel "Navola" helped the author escape climate change anxiety. And a mother's immigration story is at the heart of "Avaaz," now playing at the Denver Center Theater Company. 

Associate health minister Casey Costello is accusing health officials of undermining the government's smoking reforms, after one criticised advice she used to justify cutting excise tax from heated tobacco products. Prime Minister Christopher Luxon spoke to Ingrid Hipkiss.

Secure Act ConcernsRules for Traditional and Roth IRAs and Changes for Inherited IRAsWill Beneficiaries Need to Withdraw RMDs Every Year?Do People Who Inherit IRAs Still Need to Follow the 10-Year Rule?Why Congress Wants Inherited IRA Heirs to Follow the 10-Year RuleWhat Is Required of Non-Spouse Beneficiaries When Someone Passes After Starting RMDs?What Happens if the Original Account Owner Dies Before Taking Required Minimum Distributions?Can Non-Spouse Beneficiaries of Inherited IRAs Do a Rollover?When Should People Born in 1959 Begin RMDs?What You Should Do if You Skipped RMDs Between 2020 and 2024Key Takeaway Read about topics from this episode. IRS Finalizes RMD Regulations: Key Takeaways and the 10-Year Rule for BeneficiariesHow to Avoid Unintended Distributions from Inherited IRAs and 401(k)s4 RMD Mistakes to AvoidIRS Extends Waiver of Excise Tax for Inherited IRAs, but Not RMDsInherited IRAs: What to Know About Taxes, RMDs, and More What to watch from Morningstar.How to Find the Best Health Savings AccountHow GLP-1 Drugs Like Ozempic Are Boosting Biopharma StocksIs the Fed's Plan to Avoid a Recession Working?Don't Overlook These Crucial Parts of Your Retirement Plan Denise Appleby, Morningstar contributor, explains the new inherited IRA rules including whether heirs need to take RMDs and follow the 10-year rule.  Plus, what the next steps are if a beneficiary, who inherited an IRA since 2020, hasn't taken RMDs yet.  Read what our team is writing:Denise ApplebyIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Nkosikhona Malinga-Mnisi speaks to Fatsani Banda,  Senior Manager for Excise Tax and Public Policy at South African Breweries (SAB)See omnystudio.com/listener for privacy information.

This Day in Legal History: Chinese Exclusion TreatyOn August 13, 1894, the U.S. Senate ratified the Chinese Exclusion Treaty, marking a significant moment in American immigration history. This treaty was an extension of the Chinese Exclusion Act of 1882, which was the first significant law restricting immigration into the United States. Under the treaty, China agreed to the exclusion of its laborers from entering the U.S., further cementing the racial and economic discrimination that Chinese immigrants faced. The treaty represented a formal diplomatic agreement between the two nations, wherein China conceded to the exclusion of its citizens in exchange for certain protections for Chinese already residing in America.The Chinese Exclusion Treaty was part of a broader movement in the late 19th century to limit the influx of immigrants, particularly those from Asia, who were seen as economic threats and culturally incompatible by many Americans. The ratification of this treaty reinforced and prolonged the discriminatory practices against Chinese immigrants, contributing to the legal and social marginalization of Chinese communities in the U.S. It wasn't until 1943, during World War II, that these exclusionary policies began to be dismantled, reflecting the deep-seated impact of the treaty and the exclusion laws on American legal and social landscapes.In a recent legal development, a federal judge in California dismissed a consumer lawsuit accusing Google of unlawfully dominating mobile search markets. U.S. District Judge Rita Lin ruled that the plaintiffs failed to provide sufficient evidence showing how Google's market dominance harmed consumers. The lawsuit, originally filed in 2022, alleged that Google conspired with Apple to make its search engine the default on iPhones, restricting competition.Although the case was dismissed, Judge Lin indicated that the plaintiffs might have another opportunity to amend their complaint. She referenced a separate ruling by U.S. District Judge Amit Mehta in Washington, D.C., which found Google had illegally monopolized the search engine market by paying billions to Apple and other companies for exclusive search engine agreements. This ruling could bolster the plaintiffs' chances if they can provide more concrete evidence of consumer harm in their amended complaint.Despite this setback for the consumers, their attorney, Joseph Alioto, expressed intentions to revise and refile the lawsuit by the court's September 9 deadline. Google has denied the allegations and plans to appeal the D.C. court's decision.Google wins dismissal of US consumer lawsuit over mobile search | ReutersJohnson & Johnson (J&J) and Avon Products Inc. are both embroiled in legal battles over the alleged harmful effects of talc in their products, leading to significant financial and legal repercussions. J&J recently made progress in its efforts to resolve thousands of lawsuits claiming that its talc-based baby powder caused cancer. Over 75% of the plaintiffs have reportedly supported J&J's $6.5 billion settlement plan, which aims to address these claims through a pre-packaged bankruptcy filing. This plan follows J&J's history of legal challenges, including a previous $5 billion payout over similar allegations. Despite this support, J&J still faces hurdles, as its attempts to secure bankruptcy protection have been twice denied in New Jersey courts.Similarly, Avon Products Inc., known for its iconic beauty brand, has filed for Chapter 11 bankruptcy in Delaware due to the mounting costs of defending against talc-related lawsuits. The company is dealing with 386 individual cases and has already spent $225 million on legal fees and settlements. Avon's financial struggles have led to its bankruptcy filing, as it seeks a permanent solution to the increasing number of lawsuits. The company plans to sell its assets, with Brazil-based Natura & Co. offering to purchase Avon for $125 million and write off $530 million in debt.Both companies' legal strategies highlight the significant impact of talc-related lawsuits on their operations, with J&J seeking a settlement through bankruptcy court and Avon attempting to resolve its liabilities through a similar process.Avon Products Files for Bankruptcy to Wrangle Talc LawsuitsJ&J Gets Plaintiff Backing for $6.5 Billion Baby Powder AccordIn July 2024, OSHA proposed a new rule aimed at enhancing workplace safety by addressing heat-related hazards, which are the leading cause of weather-related deaths in the U.S. The rule, if enacted, would impact businesses with employees exposed to high temperatures, both indoors and outdoors. Key aspects of the rule include requiring employers to implement a Heat Illness and Injury Prevention Plan (HIIPP), which would mandate rest breaks, access to shade, drinking water, heat acclimatization procedures, and ongoing heat monitoring.One notable provision is the requirement for employers to provide a paid 15-minute rest break every two hours on days when the heat index reaches 90°F or higher. This has raised questions about how such breaks would interact with the Fair Labor Standards Act, particularly regarding overtime calculations. Additionally, following the recent Supreme Court decision in Loper Bright Enterprises v. Raimondo, which limits agency authority, there may be legal challenges to OSHA's ability to enforce such mandates.The proposed rule has yet to be published in the Federal Register, but once it is, the public will have the opportunity to provide feedback before it is finalized. OSHA has encouraged public participation to ensure the final rule effectively protects workers while being feasible for employers.OSHA Proposes Rule to Regulate Work Heat-Related HazardsIn my column this week, I discuss how applying the marketplace facilitator model, which has improved state sales tax compliance, could similarly enhance federal excise tax collection. Federal excise taxes, particularly on sporting equipment like fishing rods and archery gear, often go uncollected, especially when these items are sold online by foreign merchants. The Government Accountability Office (GAO) recently reported that this lack of compliance has resulted in significant revenue loss, funds that are crucial for wildlife conservation efforts.Currently, the responsibility to remit these taxes falls on the consumer, a system that is both confusing and inefficient. To address this, I advocate for legislation that would require online marketplaces like Amazon and eBay to collect and remit these taxes on behalf of consumers. This approach would simplify the process, ensuring more consistent revenue collection and leveling the playing field for domestic sellers who are currently at a disadvantage.Additionally, I propose that the IRS develop a centralized tax calculator accessible to these marketplaces. This tool would automate tax calculations at the point of sale, further reducing administrative burdens and ensuring accurate tax collection. An accompanying information campaign could also educate consumers on their tax obligations and the positive impact of these funds on conservation efforts.To implement these changes effectively, the IRS should consider launching a pilot program, similar to its Direct File initiative, to test the feasibility of this system. This streamlined approach not only promises increased compliance but also ensures that vital conservation projects receive the funding they need to thrive.Streamline Excise Tax on Sporting Equipment to Help Conservation This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

On July 1st, the excise tax on heated tobacco products (or HTPs) was dropped unannounced by fifty percent.  Speaking on the change, Associate Health Minister Casey Costello sez the reduction will help the government test the effectiveness of HTPs as a tool to help people quit smoking.  However, given Costello's previous parroting of tobacco industry talking points, there are worries that this change could also be coming from industry backed research. In addition, the scientific research to support the use of HTPs is slim to nonexistent.  Wire host Castor to professor of public health at the University of Otago and co-director of the Aspire Aotearoa Research Centre, Janet Hoek, about heated tobacco products and the evidence to support them.

On July 1st, the excise tax on heated tobacco products (or HTPs) was dropped unannounced by fifty percent.  Speaking on the change, Associate Health Minister Casey Costello sez the reduction will help the government test the effectiveness of HTPs as a tool to help people quit smoking.  However, given Costello's previous parroting of tobacco industry talking points, there are worries that this change could also be coming from industry backed research. In addition, the scientific research to support the use of HTPs is slim to nonexistent.  Wire host Castor to professor of public health at the University of Otago and co-director of the Aspire Aotearoa Research Centre, Janet Hoek, about heated tobacco products and the evidence to support them.

There's a belief tax cuts to heated tobacco products will make a big difference for smokers.  Customs Minister Casey Castello has faced criticism for cutting the excise tax by 50%.  There are concerns over the lack of evidence to support the product and its possible appeal for young nonsmokers.  Action for Smokefree 2025 Director Ben Youdan told Mike Hosking it's an effective cessation tool.  He says for smokers who can't get into vaping, the tax cut will make this option very appealing.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

There are concerns tax cuts on heated tobacco will make the product much easier for young people to access.  Customs quietly cut 50% from the excise tax at the start of the month.  Customs Minister Casey Costello says it's a trial, aiming to give smokers a cheaper alternative.  Health Coalition Aotearoa spokesperson Chris Bullen told Ryan Bridge it comes with a risk.  He says once the price drops, a new product becomes a lot more accessible for young people with disposable incomes.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Beer brewers say they're disappointed in the government for bumping alcohol taxes.  The alcohol excise tax is set to increase by 4.1% from July.  It follows a number of increases over recent years.  Brewers' Association Executive Director Dylan Firth told Mike Hosking that things are pretty tough out there. He says the last government made a number of increases to the tax, but more hikes are unsustainable.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

New chemical added to the Superfund excise tax list becoming effective 10/1/24. Listen for more on Two Minutes in Trade. 

Denise Appleby, IRA Quick Reference Guide author known as The IRA Whisperer, clears up the confusion about what the IRS waived concerning inherited IRAs in 2024. Travis Miller, energy and utilities strategist for Morningstar Research Services, talks about how the artificial intelligence boom is driving data center demand. He also points to 2 cheap utility stocks expected to benefit. Disney's Improved Streaming Results  Uber's Strong Financial Results in 2024Palantir's Performance Led by AI PlatformOpportunities with Artificial Intelligence and Utility StocksUtility Stocks: When Will the Market Give the Sector Some Respect?Where Do Utilities Fit into AI Growth?How Higher For Longer Interest Rates Could Affect Utilities  Utility Stock Picks  New Rules for Inherited IRAsWithdrawals from Inherited IRAs and the 10-Year RuleImportant Distinction About What the IRS Waived in 2024Tax Implications for Inherited IRAs Will the IRS Suspend the Withdrawal Penalty for Inherited IRAs in 2025? Read about topics from this episode.  Disney Earnings: Improved Streaming Results Come at the Expense of Continued Linear Weakness Uber Earnings: Network Effect Continues to Drive Profitable Growth for Uber Palantir Earnings: AI Platform Drives Strong Start to 2024 Utility Stocks: When Will the Market Give the Sector Some Respect? IRS Extends Waiver of Excise Tax for Inherited IRAs, but Not RMDs  What to watch from Morningstar.Short-Term Market Volatility Could Provide Long-Term Investing Opportunities Magnificent Seven Stocks: What's Going on With Apple, Tesla, and Alphabet?Covered Call and Buffer ETFs: Do the Pros Outweigh the Cons?Make These Investing Moves Now for a Better Tax Day in 2025 Read what our team is writing:Ivanna HamptonTravis Miller Denise Appleby  Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

FRIENDS AND ENEMIES Join us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. This week: -Biden going after Bitcoin miners?-More news on the Portal Wallet-The CBP rebrand to the Salvadoran Bitcoiners Podcast-MSTR keeps buying-Ocean Mining & Lightning-Strike Business-CSW is not Satoshi?-CPI-Sheltering the homeless-Leave your car keys by the front door And much more From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord: ⁠https://discord.gg/ESRCZWpb A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetwork This show is sponsored by: easyDNS - ⁠⁠https://easydns.com/⁠⁠EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠The CBP recommends Bull Bitcoin for all your BTC needs. With their new kyc-free options, there's never been a quicker, simpler, more private and (most importantly) cheaper way to acquire private Bitcoin. Use the link above for $20 bones and take advantage of all Bull Bitcoin has to offer. --- Send in a voice message: https://podcasters.spotify.com/pod/show/canadian-bitcoiners/message

FRIENDS AND ENEMIES Join us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. This week: -Biden going after Bitcoin miners?-More news on the Portal Wallet-The CBP rebrand to the Salvadoran Bitcoiners Podcast-MSTR and COIN notes -Ocean Mining & Lightning-CSW is not Satoshi?-CPI-Sheltering the homeless-Leave your car keys by the front door And much more From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord: ⁠https://discord.gg/ESRCZWpb A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetwork This show is sponsored by: easyDNS - ⁠⁠https://easydns.com/⁠⁠EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠The CBP recommends Bull Bitcoin for all your BTC needs. With their new kyc-free options, there's never been a quicker, simpler, more private and (most importantly) cheaper way to acquire private Bitcoin. Use the link above for $20 bones and take advantage of all Bull Bitcoin has to offer. --- Send in a voice message: https://podcasters.spotify.com/pod/show/canadian-bitcoiners/message

Feb. 28, 2024 - State Senate Cannabis Subcommittee Chair Jeremy Cooney, a Rochester Democrat, wants to repeal an excise tax on medical marijuana to boost participation in the program.

A political commentator says it's telling only one person's been held accountable after multiple leaks from the public service. Casey Costello had to apologise in the House this week, after claiming she hadn't sought advice on freezing tobacco excise tax, despite notes leaked to RNZ showing she did. The Health Ministry's confirmed the person responsible for the leak is no longer employed. Former MP Peter Dunne says this isn't the only leak there's since the Government's formed. "It just makes me wonder whether they found someone who's being a bit of a scapegoat for all of the leaks, even if they're not responsible for them." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Associate Health Minister Casey Costello has told Newstalk ZB's Mike Hosking she did not ask to remove the excise tax on tobacco. However, she conceded there was a line in a document from last year about removing it for three years.  Costello declined an invitation to go on TVNZ's Breakfast this morning but has fronted up over her denial she specifically sought advice on freezing the tobacco excise tax.  “It's just a broad document,” she said.  “There's no involvement from big tobacco, this is just nonsense.”  Costello confirmed she had links to the New Zealand Taxpayers' Union, but has no association or involvement with the tobacco industry.  “I have sympathy [for smokers], I'm getting messaging from people who know they should stop smoking, but they're addicted.”  She said prohibition doesn't cure addiction, and they want to look at a range of things to help people quit.  Documents show Costello asked for advice on freezing the excise, despite denying in an interview with RNZ that she had specifically sought the advice.  But when speaking during Question Time on Thursday, Costello doubled down, maintaining she had not specifically asked for the advice, and she had not written the documents she sent to officials.  “The documentation is a range of historical policy positions and notes that were held in New Zealand First policy positions. Some of it relates to things that were passed in the legislation when New Zealand First was in Government. This is a range of points and positions and it's about five pages long.”  She said her actions had been distorted by the media.  “The fact is, I was asked a question about whether I had sought specific advice. I had not sought specific advice, which was the question I answered. I referred to a range of advice I had sought from officials,” she said.  Costello said she was unsure who wrote the documents.  Labour's health spokeswoman, Dr Ayesha Verrall, said the minister was still responsible for the documents she presented, and the Prime Minister should relieve Costello of her duties.  “When a minister gives documents to officials, if that is done or collated by her office it is still her responsibility. Her office acts on her behalf, she needs to take responsibility for it.”  Senior National Party minister Chris Bishop said that while ministers were responsible for things they gave officials, there was a question over whether they were responsible for the generation of that material.  “I would argue they cannot be, in the same way that if, for example, a Labour Party minister gave a document to the Ministry of Education, that was the NZEI or the PPTA or the CTU, for example, they cannot be questioned about the CTU in Parliament.  “They can be questioned about the handling of that document and what's in the document, but the generation of that document I think would fall outside the scope of ministerial responsibility.”  Speaking to media after Question Time, he said the matter of the authorship of New Zealand First's policies was for Costello to answer, but he had certainly presented party policy to officials.  He said talking to a range of groups was how the country gets good policy.  “People have easy access to ministers and MPs in New Zealand. All political parties work with a range of groups when it comes to developing policy.”  Standing in for the Prime Minister in the House, Act leader David Seymour said he had had assurances from all coalition partners they had had no funding from the tobacco industry.  “I am confident that there has been no undue influence on the policies of this Government by the tobacco industry.”  Seymour told reporters it was possible Costello had misinterpreted RNZ's questioning, and RNZ had misinterpreted her answers, which had caused confusion.  “I think that she was being open to the best of her ability. The other thing I just say is this: We say we want people in our democracy to stand up, run for office, and become ministers, and actually go and listen, take the best advice, and make the best policy. She's done all that stuff and people are jumping all over her.”  - NZ Herald with RNZ See omnystudio.com/listener for privacy information.

The US federal excise tax has existed long before the repeal of PASPA, but it is a subject that is rarely discussed—until now.Last week, federal lawmakers introduced the Gambling Addiction Recovery, Investment, and Treatment Act, or GRIT Act, which proposes using the money collected through the federal excise tax to support Responsible Gaming (RG) causes. However, the measure was not well-received by operators, as the American Gaming Association has come out against it.Why would the industry oppose such a measure?In the first half of today's episode of iGaming Daily, sponsored by Optimove, Jessica Welman, Editor at SBC Americas, is joined by SBC's Media Manager, Charlie Horner, to delve into the GRIT Act and what this means for operators.In the second half of today's podcast, Jessica Welman is joined by Alex Kane, CEO and Founder of Sporttrade, to discuss the impact of the federal excise tax on operators.To read more on the topics discussed on Friday's episode of iGaming Daily, click on the following links:https://sbcamericas.com/2024/01/11/lawmakers-introduce-problem-gambling/https://sbcamericas.com/2024/01/12/aga-opposes-grits-act-gambling-bill/https://sbcamericas.com/2023/03/19/2023-federal-sports-betting-excise-bill/https://youtu.be/bKDTigl_sgMFollow Alex on Twitter:https://twitter.com/a_kane47Host: Jessica WelmanGuests: Charlie Horner, Alex KaneProducer: Anaya McDonaldEditor: James RossRemember, if you are attending the ICE London on 6-8 February 2024 at ExCeL London, make sure you head over to Optimove's stand and mention that you listened to the iGaming Daily podcast to receive an Amazon gift voucher.Check out our partners at Optimove: https://hubs.la/Q02gLC5L0

Sit down with John and Kailey as they chat with Trey Miller, the owner of Ghost Tactical. The conversation explores different perspectives on what it means to be a Gun Rights Activist, the three essential rules governing firearms, and the advocacy for repealing the NFA. The dialogue extends to the idea of individuals being their own first responders and the continual need for education in concealed carry.

To replace $700 million a year of revenues lost from a foreign buyers tax, the new coalition government is dumping the previous government's smoke free 2025 goal. This relaxing of policies will keep more people smoking for longer, costing thousands of lives per year and at least $10 billion is extra health costs and lost working hours. Bernard Hickey speaks with University of Otago public health researcher Andrew Waa about his analysis of the changes to smoke free, and finds out the true costs of reversing them. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sit down with John and Kailey as they chat with Trey Miller, the owner of Ghost Tactical. The conversation explores different perspectives on what it means to be a Gun Rights Activist, the three essential rules governing firearms, and the advocacy for repealing the NFA. The dialogue extends to the idea of individuals being their own first responders and the continual need for education in concealed carry.Learn more about Ghost Tactical: https://ghosttactical.us/

Opinion: Amicus brief filed in support of SCOTUS review of Washington's Capital Gains Excise Tax. Washington's decision to tax out-of-state transactions by way of an excise scheme to avoid constitutional limitations on income taxes has created conflict with the Commerce Clause. https://tinyurl.com/2nyy3eh3 #opinion #columns #commentary #ChrisCorry #WashingtonPolicyCenter #WashingtonCapitalGainsIncomeTax #Amicusbrieffiled #SCOTUSreview #OpportunityforAllCoalition #UnitedStatesSupremeCourt #WashingtonState #VancouverWa #ClarkCountyWa #ClarkCountyNews #ClarkCountyToda

Kelsey Moses is the Excise Tax and Compliance Director and B Keeper (for B Corp Certification) at Lakefront Brewery and Events at B Local Wisconsin. Learn more about Certified B Corps & Benefit Corporations in this episode.  The Person & Planet theme song is an original song by singer/songwriter Barbara Stephan. Click here to listen to “Gonna Be There.” --- Support this podcast: https://podcasters.spotify.com/pod/show/personandplanet/support

In this episode Bob discusses the impact of the Biden Excise Tax proposal called DAME. With it, the Biden Administration is budgeting a 30% tax on Bitcoin mining electricity consumption. This is a frontal attack on Bitcoin and the manner in which the Bitcoin fights back is critical. There are several potential strategy but Bob asserts that the one the community should rally around is that it is an assault on freedom and privacy and it gives the government the power of being a moral authority on energy consumption. Everyone, even Bitcoin haters, should be alarmed and afraid of the Pandora Box this would open. Fight back. Write your congress people, your senators, and your governor (states rights are infringed as well.)

The percentage of working-age adults with health insurance went up and the uninsured rate dropped last year, the U.S. Census Bureau reported this week. There isn't much suspense about which way the uninsured rate is now trending, as states continue efforts to strip ineligible beneficiaries from their Medicaid rolls. But is the focus on the uninsured obscuring the struggles of the underinsured? Also, employer-sponsored insurance costs are climbing, while a mystery is unfolding in Medicare spending. And the CDC recommends the new covid booster for everyone who's at least 6 months old.Margot Sanger-Katz of The New York Times, Sarah Karlin-Smith of the Pink Sheet, and Joanne Kenen of the Johns Hopkins Bloomberg School of Public Health and Politico join KFF Health News' Emmarie Huetteman to discuss these issues and more. Click here for a transcript of the episode. Plus, for “extra credit,” the panelists suggest health policy stories they read this week they think you should read, too: Emmarie Huetteman: KFF Health News' “The Shrinking Number of Primary Care Physicians is Reaching a Tipping Point,” by Elisabeth Rosenthal. Sarah Karlin-Smith: MedPage Today's “Rural Hospital Turns to GoFundMe to Stay Afloat,” by Kristina Fiore. Joanne Kenen: ProPublica's “How Columbia Ignored Women, Undermined Prosecutors and Protected a Predator for More Than 20 Years,” by Bianca Fortis and Laura Beil. Margot Sanger-Katz: Congressional Budget Office's “Raising the Excise Tax on Cigarettes: Effects on Health and the Federal Budget.” Hosted on Acast. See acast.com/privacy for more information.

On this special edition episode, we're talking taxes! Specifically, the federal excise tax on fishing equipment, which is paid by manufacturers and importers of fishing tackle and goes into the Sport Fish Restoration and Boating Trust Fund. These funds are then used on projects to create more and better fishing opportunities, like habitat restoration, maintaining fish hatcheries and building boat ramps. ASA recently held a webinar with a couple of experts in excise tax compliance to walk through the nuances of how fishing tackle companies can ensure they are meeting their excise tax obligations. What's provided here is the audio from that webinar. Learn more about the federal excise tax on sportfishing equipment at https://asafishing.org/sportfish-restoration-excise-tax/ For ways to get involved in sportfishing policy, visit: https://asafishing.org

Opinion: Washington can't impose a Disneyland excise tax. Chris Corry of the Washington Policy Center shares a humorous example of a Washington excise tax that would violate the US Constitution. https://tinyurl.com/2fc8tcvv #Opinion #Columns #Commentary #ChrisCorry #WashingtonPolicyCenter #WashingtonExciseTax #USConstitution #FreedomFoundation #WashingtonStateSupremeCourtDecision #CapitalGainsExciseTax #PetitionFiled #WashingtonState #VancouverWa #ClarkCountyWa #ClarkCountyNews #ClarkCountyToday

The government will increase the fuel excise tax by 12 cents a litre over the next three years. Chris Hipkins expects it to cost the average driver an extra $1 a week. It's supposed to help fund a $20.8 billion transport plan to fill potholes, build new roads and public transport. David Parker spoke to Heather du Plessis Allan on the topic. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Stacey Duffy is the Director of Retail at All Nations Canna. All Nations Canna is a collective, leading the way for meaningful Indigenous participation in the licensed cannabis industry in Canada.  Incorporating Indigenous-grown, seed-to-sale products, a network of cultivation facilities and retail stores located on urban and rural reserves, All Nations Canna aims to be the world's largest Indigenous cannabis company. Their mission is to deliver prosperity and social impact to Indigenous partners and communities and to enhance the cannabis community overall. In this episode: Unbeatable BC Summers (2:00) What is All Nations Canna? (4:50) Cannabis is a Start Up (6:50) Relationships with Cannabis (11:20) Excise Tax and Regulations (19:00) Consumer Demands (28:00) Hotbox Quiz (32:00) Indigenous Perspectives in Cannabis (33:00) Community Employment (43:00) Consulting Communities (47:30) Pauls of Wisdom (53:40) Learn More About All Nations Canna Follow All Nations Canna on Instagram @allnations.canna Follow Stacey on Instagram @staceduffy Follow Give and Toke on Instagram @giveandtoke Email Us giveandtoke@gmail.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/giveandtoke/message

The tax base around the world is shrinking for traditional excise taxes, including taxes on tobacco, alcohol, and motor fuel. But newer excise taxes on things like carbon, cannabis, and ride-sharing are on the rise.This trend has the potential to significantly affect the global economy.Adam Hoffer, Director of Excise Tax Policy, joins Jesse to discuss how excise taxes have been used by policymakers in the past and how that is changing. They discuss what makes a good design for these taxes and where excise taxes may go in the future as the traditional “sin tax” base continues to shrink.Links:https://taxfoundation.org/global-excise-tax-policy-application-trends/https://taxfoundation.org/unlock-global-growth-role-of-taxation/https://taxfoundation.org/principles#Stabilityhttps://taxfoundation.org/taxedu-video-cannabis/https://taxfoundation.org/taxedu-video-carbon-tax-explained/Follow us!https://twitter.com/AdamJHofferhttps://twitter.com/TaxFoundationhttps://twitter.com/deductionpodhttps://twitter.com/solisjesseSupport the show.Support the show

Is FTX contagion spreading and taking down part of the Banking system? Find out todayFEATURING:Gabriel Vine (https://twitter.com/GabrielDVine)Ben Arc (https://twitter.com/ArcBTC)Josh Scigala (https://twitter.com/JScigala)Dan Eve (https://twitter.com/cryptopoly)and Thomas Hunt (https://twitter.com/MadBitcoins)THIS WEEK:Bitcoin, Ether Fall After Go-to Crypto Bank Silvergate Announces Liquidationhttps://www.cnbc.com/2023/03/09/bitcoin-ether-fall-after-go-to-crypto-bank-silvergate-announces-liquidation.htmlSource: CNBCRegulators Order Silicon Valley Bank To Shut Down In Biggest Bank Collapse In Yearshttps://www.nbcnews.com/business/business-news/crisis-silicon-valley-bank-shows-tech-sector-worries-spilling-wall-str-rcna74311Source: NBC NewsU.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firmshttps://www.coindesk.com/policy/2023/03/09/us-treasury-department-proposes-30-excise-tax-on-crypto-mining-firms/Source: Coindesk New York Attorney General Sues KuCoin, Claims Ethereum Is a Securityhttps://www.yahoo.com/lifestyle/york-attorney-general-sues-kucoin-205634978.htmlSource: YahooBitcoin Twitter Taunts Paul Krugman Over TradFi Troubleshttps://news.yahoo.com/bitcoin-twitter-taunts-paul-krugman-212340123.htmlSource: Yahoo______________________________________________World Crypto Networkhttps://www.worldcryptonetwork.com/On This Day in World Crypto Network Historyhttps://www.worldcryptonetwork.com/onthisday/WCN: Hosts & Guestshttps://www.worldcryptonetwork.com/tag/Person/WCN: Topichttps://www.worldcryptonetwork.com/tag/Topic/WCN Clips - YouTubehttps://www.youtube.com/channel/UClCE3eOYr4pQ1CTMGZPNt1w/videosWorld Crypto Network Store | Teespringhttps://teespring.com/stores/world-crypto-network-store-----------------------------------------------------Please Subscribe to our Youtube Channelhttps://m.youtube.com/channel/UCR9gdpWisRwnk_k23GsHfcA

Opinion: New bill proposes ‘excise tax' on compensation. Jason Mercier of the Washington Policy Center says it's best to take away the excise tax cookie while we still can. http://bit.ly/415IMV3 #Opinion #Columns #Commentary #JasonMercier #WashingtonPolicyCenter #SenateBill5767 #SB5767 #ExciseTax #Compensation #WashingtonStateLegislature #2023LegislativeSession #WashingtonState #ClarkCountyWa #ClarkCountyNews #ClarkCountyToday

Opinion: Early response to Washington's capital gains excise tax (AKA income tax) court ruling. Jason Mercier of the Washington Policy Center offers reactions from around the state on the state Supreme Court decision on the capital gains income tax. https://bit.ly/3M081DE #Opinion #Columns #Commentary #JasonMercier #WashingtonPolicyCenter #CapitalGainsIncomeTax #WashingtonStateSupremeCourt #CourtRuling #Reactions #FisherInvestments #WashingtonState #ClarkCountyWa #ClarkCountyNews #ClarkCountyToday

Up up in the air in a Chinese commie spy balloon, the crumbling empire state of New York says a 75% excise tax on cigars isn't enough, and Murder in Memphis by dirty cops.

Scott and Jeff chat with Daniel Hemel, Law Professor at New York University about the recently enacted excise tax on share repurchases or buybacks. Daniel has thought and written about buybacks, for example, here.We discuss buybacks, dividends, and why both progressives and conservatives might be in favor of a tax on buybacks.

This week I sat down with Doug Charnas, a nationally- recognized corporate and tax attorney and partner at McGlinchey, in its Washington, D.C. offices, and our own Dr. Richard Engler, Director of Chemistry at Bergeson & Campbell and at our consulting affiliate, The Acta Group. We discuss the recently reinstated Superfund Tax, which entities the tax applies to, what exactly is a taxable chemical and how to distinguish between taxable chemicals and taxable substances, and why just about everyone is really grumpy about this newly reinstated tax. ALL MATERIALS IN THIS PODCAST ARE PROVIDED SOLELY FOR INFORMATIONAL  AND ENTERTAINMENT PURPOSES. THE MATERIALS ARE NOT INTENDED TO CONSTITUTE LEGAL ADVICE OR THE PROVISION OF LEGAL SERVICES. ALL LEGAL QUESTIONS SHOULD BE ANSWERED DIRECTLY BY A LICENSED ATTORNEY PRACTICING IN THE APPLICABLE AREA OF LAW. ©2022 Bergeson & Campbell, P.C.  All Rights Reserved

Are you leaving money on the table by not paying attention to what you've overpaid in excise taxes? As a business owner do you even know what an excise tax is, and how it affects you? If the answer is no, you're not alone. In fact, many business owners pay this tax and never realize there are exceptions to what should be paid to the IRS. Therefore, they end up leaving a lot of money on the table. This is where Dell James comes in, President of TiP Excise, LLC. Dell specializes in helping companies with excise tax and helping them get refunds from the IRS. In this episode of By the Books, Dell joins Lindsay to discuss how the excise tax works and what types of businesses should be paying attention to their refunds. He also talks about why it's so important to hire someone who is specialized in this to help. Even if you have a standard CPA, it's highly likely that they don't have in-depth knowledge on what should be reimbursed, and what to file in order to ensure the top refund. He also talks about why each state is different, and how it can affect what you receive back. According to the Governor, there's approximately $19 BILLION paid in excise tax that's being used for off-road purposes, which means this could be reimbursed. Is any of that money potentially yours? If you're interested in finding out if you could be eligible for this, visit: https://tipexcise.com/ (https://tipexcise.com/) to learn more or feel free to call Dell at: (214) 435-0323 To reach Lindsay Kline, email info@sakline.com or visit sakline.com. You can also reach them at 866-266-5738.

This week we're covering legislative changes to the cannabis excise tax and potential penalties.

This fourth installment in our series on the new IRA and CHIPS legislation covers accounting for the new excise tax.

Starting next year, the Biden Administration plans on implementing a 1% excise tax on a company that performs a stock buyback or share repurchase. The plan is to raise $74B over the next ten years by enforcing the tax. Will it work, or will companies find another way to return cash to its shareholders?   Resources: https://www.cnbc.com/2022/08/19/what-stock-buybacks-are-and-how-a-new-tax-affects-your-portfolio.html https://www.usnews.com/news/business/articles/2022-08-16/companies-facing-first-tax-on-stock-buybacks-in-biden-bill   Nic Daniels BFA™, Financial Advisor https://www.therealmoneypros.com https://www.treecityadvisors.com  

In Episode 285 of District of Conservation, Gabriella addresses two news items: the problems with The RETURN Act and Governor Larry Hogan (R-MD) loosening restrictions on concealed carry permit applications in wake of NYSRPA vs Bruen. SHOW NOTES Rep. Clyde Introduces Legislation to Eliminate the Excise Tax on Firearms and Ammunition The RETURN Act Text How Excise Taxes Don't Infringe on Second Amendment Rights Pittman-Robertson: The Good Excise Tax Letter: Conservation Groups Praising PR Funds NCSU: 60-80% of Conservation Funding from Sportsmen and Women (Including PR Funds) Governor Larry Hogan Statement on Maryland CHP Baltimore Sun: Maryland Gov. Hogan calls on state police to suspend ‘good and substantial reason' standard for carrying a concealed gun --- Support this podcast: https://anchor.fm/district-of-conservation/support