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Literally everything in this tweet from Pramila Jayapal about the income tax is a lie. Seattle office tower across the street from Amazon sells for $12.5 million after a $97 million valuation in 2019. Trump hosted tech executives at the White House today to discuss the future of AI. // Big Local: A small earthquake hit the Puget Sound region today. // You Pick the Topic: An actress went on a bizarre screed about how she wishes her son was gay.
A new poll shows Washington voters would be much more likely to support the income tax repeal if it weren’t for misleading government statement on the ballot. // A youth sports coach is raising concern about the return of a homeless RV encampment in Green Lake. The Seattle woman who bit another woman’s forehead has been ordered to take a mental evaluation. // Former special counsel Jack Smith testified before the Senate today for some reason. The Trump Administration is getting flack for creating political ads on the taxpayers’ dime.
The Washington Supreme Court's 6-3 decision striking down Initiative 2066 on Sept. 17 may have consequences well beyond natural gas. Legal analysts and lawmakers say the ruling's new single-subject standard could expose SB 6346, the recently passed income tax law, to constitutional challenge. https://clarkcountytoday.com/story/video-could-washington-high-courts-natural-gas-ruling #WashingtonState #SupremeCourt #Initiative2066 #IncomeTax #SB6346 #I645 #NaturalGas #WaLeg #ClarkCounty #Politics
१ महाराष्ट्राच्या मंत्रिमंडळ बैठकीत मोठे निर्णय २ राज्यातील व्याघ्र प्रकल्पांचे गाभा क्षेत्र उद्यापासून उघडणार ३ रब्बी ज्वारीच्या मिनीकिट्स उपलब्ध करा; कृषी मंत्री दत्तात्रेय भरणे यांचे केंद्राला पत्र ४ शेअर बाजारात ४ दिवस घसरण, लाखो कोटींचं नुकसान ५ इराणचे चलनमूल्य नीचांकी पातळीवर ६ भारताला पाचवं सुवर्ण, नीरुची एकटीची दोन गोल्ड ७ चित्रपट निर्मात्यांसह दिग्गज सेलिब्रिटी प्राप्तिकरच्या रडारवर स्क्रीप्ट अँड रिसर्च – सूरज यादव More podcasts: https://www.esakal.com/podcast Podcast Hashtags: #SakalPodcast #MaharashtraCabinet #Agniveer #FodderPolicy #TigerReserve #RabiSorghum #ShareMarket #Iran #AsianGames #IncomeTax #FilmProducers Podcast Tags: Sakal Podcast, Sakalchya Batmya, Maharashtra Cabinet, Agniveer, Fodder Development Policy, Tiger Reserve, Rabi Sorghum, Share Market, Iran Currency, Asian Games, Neeru Dhanda, Income Tax, Vashu Bhagnani, Kumar Mangat Pathak
In this episode, panelists discuss recent tax legislation with tax accounting implications and review current income tax accounting concepts.
Jason Mercier of Mountain States Policy Center argues Washington's new 9.9% income tax, set to take effect in 2028, reverses a long-standing competitive advantage the state held over others. He warns that income taxes historically expand beyond their initial targets, and cites an AWB survey showing 45% of employers expect the tax to affect their businesses. https://clarkcountytoday.com/story/opinion-washingtons-i-645-repealing-new-9-9-income-tax #I645 #WashingtonTax #IncomeTax #TaxPolicy #WashingtonState #Opinion #Politics #Business #MountainStatesPolicy #AWB
Indi Tatla, John Toon and Ryan Pearcy are back together for another OGs episode, with two lots of Apron news, a big raise in Germany and the full run-down of this year's Disruptor Awards. Xero has renamed Files to Documents and moved it into the Accounting menu, which John Toon calls the least controversial thing Xero has done in weeks. Ryan Pearcy links the change to Making Tax Digital for Income Tax. Indi Tatla then reads through a wave of Glassdoor reviews from Xero staff in Australia and New Zealand, and the panel talks about what they say about the culture, with some sympathy for the UK team. Glen Foster has joined Intuit to lead the mid-market and partner channel in the UK. Indi asks what he needs to get right. John Toon says QuickBooks has always felt like a sales conversation about licences, and Ryan Pearcy says the mid-market needs implementation partners and something closer to community. Apron has launched its QuickBooks Online integration, with supplier payments in 30 currencies and Virgin Points on the side, and Ryan wants to know whether it's truly embedded. Then Apron's new pricing from 1 December, tiered by document volume. Indi Tatla thinks the document limit is the lever bookkeepers will feel, while Ryan Pearcy likes that payments and documents stay unbundled. Limetax has raised €36m to bring German accounting firms onto an AI platform built on top of DATEV. John Toon explains why DATEV's cooperative set-up makes that approach clever, and Ryan Pearcy expects to see more tech companies buying firms in the UK. Also covered: Aqilla wins Best Cloud Service for Non-Profits and Charities at the Cloud Excellence Awards, Adfin launches card on file, and Indi runs through the Disruptor Awards winners, including Socket, Briefcase, Alexis Kingsbury, James Wright, The Modern Firm and Lucy Cohen, with thanks to partners Dext, Advancetrack, Accountex and Alternative Events. 00:00 Intro 03:25 FreeAgent 04:30 Xero renames Files to Documents 06:23 Xero's Glassdoor reviews 10:43 Glen Foster joins Intuit 14:40 Apron launches QuickBooks Online payments 17:53 Apron pricing changes from 1 December 22:12 Aqilla wins Best Cloud Service for Non-Profits 23:54 Limetax raises €36m 28:13 SuiteFiles 29:12 Adfin launches card on file 33:45 Disruptor Awards winners 42:19 Outro
Could the personal allowance be raised to £15,570 in the Budget? That's the off the wall idea that emerged this week as a way of Labour nudging ahead if Andy Burnham called an early election.The podcast team discuss that and Simon's idea for how you could start to reform the tax system.Time stamps00:06 – Coming up: personal allowances, energy bills, buy-to-let and working from home02:01 – Could the personal allowance rise to £15,570?12:13 – How could Britain fix its tax system?18:52 – Why are UK energy bills so high?26:17 – Stock market story of the week: Airtel Money's London listing27:47 – Can landlords still make money from buy-to-let?30:47 – Airbnb cameras: what are the rules?35:55 – Working from home: is it time to get back to the office?45:45 – Simon's stat of the week: the rising cost of dieselFollow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us hello@dmgmedia.co.ukText us 020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.
Washington Department of Revenue officials warned SB 6346 sponsor Sen. Jamie Pedersen that the income tax bill's complexity could generate legal challenges beyond overturning the 1933 Culliton decision. Records obtained by The Center Square show DOR flagged a marriage penalty, athlete reporting provisions, and underreporting risks. Several concerns went unaddressed in the final legislation. https://clarkcountytoday.com/news/wa-dor-warned-income-tax-provisions-could-cause-political-and-optics-issues/ #SB6346 #WashingtonTax #IncomeTax #WashingtonState #DOR #TaxPolicy #Culliton #StatePolitics #CenterSquare
What if everything you’ve been told about the federal income tax is wrong? I sat down with Peymon Mottahedeh, founder of Freedom Law School, who says he has not paid federal income tax since 1993 and has spent decades teaching Americans about the Internal Revenue Code, and the 16th Amendment. Peymon argues that the Founding Fathers intentionally placed strict limits on the federal government’s power to directly tax Americans—and that the modern income-tax system rests on a fundamental misunderstanding of those limits. Watch the full conversation here and check out https://stopthefed.com Dinesh D'Souza is an author and filmmaker. A graduate of Dartmouth College, he was a senior domestic policy analyst in the Reagan administration. He also served as a research fellow at the American Enterprise Institute and the Hoover Institution at Stanford University. He is the author of many bestselling books, including "Illiberal Education," "What's So Great About Christianity," "America: Imagine a World Without Her," "The Roots of Obama's Rage," "Death of a Nation," and "United States of Socialism." His documentary films "2016: Obama's America," "America," "Hillary's America," "Death of a Nation," and "Trump Card" are among the highest-grossing political documentaries of all time. He and his wife Debbie are also executive producers of the acclaimed feature film "Infidel." — Want to connect with Dinesh D'Souza online for more hard-hitting analysis of current events in America? Here’s how: Get Dinesh unfiltered, uncensored and unchained on Locals: https://dinesh.locals.com/ Facebook: https://www.facebook.com/dsouzadinesh Twitter: https://twitter.com/dineshdsouza Rumble: https://rumble.com/dineshdsouza Instagram: https://www.instagram.com/dineshjdsouzaSee omnystudio.com/listener for privacy information.
Interim income tax accounting can be complex, but it starts with a foundational concept: estimating the annual effective tax rate (AETR). In this episode, we continue our back-to-basics series with a look at the AETR calculation, including ordinary income, discrete items, when the usual AETR approach may not apply, and interim disclosures.Key topics and timestamps1:11 — Calculating the AETR and interim tax provision3:54 — Forecasting ordinary income and tax expense6:31 — Defining ordinary income8:36 — Identifying discrete items 15:10 — AETR and discrete impacts19:06 — Exceptions to the AETR approach24:34 — Interim tax disclosuresAdditional resourcesThis episode is part of our Back to basics series in[M(1] which we revisit core accounting topics. For more information on interim income tax provisions, see Chapter 16 of PwC's Income taxes guide. Additionally, follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay informed.About our guestsKeith Rymer is a partner in PwC's National Office, with over 30 years of experience having advised clients in various industries on federal, international, and multi-state tax complexities that he leverages to navigate complex tax accounting matters. Kassie Bauman is a managing director in PwC's National Office, with over 25 years of experience in both auditing and consulting on complex accounting matters. She is a subject matter specialist in accounting for income taxes under both US GAAP and IFRS.About our guest hostPat Durbin is a PwC National Office Deputy Chief Accountant. He has over 30 years of experience consulting with our clients and engagement teams on complex accounting matters, including issues related to revenue, compensation, income taxes, and inventory under both US GAAP and IFRS.TranscriptsTranscripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.
Ryan Frost of the Washington Policy Center argues that the Supreme Court's 6-3 ruling striking down Initiative 2066 under the single-subject clause creates a direct legal challenge to ESSB 6346, Washington's new income tax, which bundled income tax changes with B&O tax adjustments, sales tax changes, and Working Families Tax Credit expansion into a single vote. https://clarkcountytoday.com/opinion/opinion-how-the-natural-gas-ruling-could-kill-washingtons-income-tax/ #WashingtonState #IncomeTax #Initiative645 #I2066 #ESSB6346 #TaxPolicy #WashingtonSupremeCourt #Opinion #ClarkCounty #WashingtonPolicyCenter
With NMB News
Washington's Department of Revenue calls it an income tax. House Speaker Laurie Jinkins called it "a 9.9% income tax." So why is the media calling it a "millionaires tax"? Chris Cargill of Mountain States Policy Center argues the press is adopting political branding over accurate policy description, and that the distinction matters most as voters prepare to decide Initiative 645 in November. https://www.clarkcountytoday.com/opinion/opinion-washington-has-an-income-tax-why-wont-the-media-call-it-one/ #WashingtonState #IncomeTax #Initiative645 #MediaAccountability #TaxPolicy #Opinion #ClarkCounty #Olympia #I645 #FreeMakets
Attorneys Paul Lawrence and Jackson Maynard debate the constitutional challenge to Washington's new 9.9% tax on income above $1 million. Lawrence argues the state Supreme Court should overturn nearly century-old precedent treating income as property. Maynard argues the tax plainly violates that precedent and the state constitution. The discussion also explores the November repeal measure and what could happen next in court.
Nicola Willis is hinting National could introduce more income tax cuts if the party's re-elected, but Kiwis may have to wait for them. Speaking on a panel at BusinessNZ's election conference in Wellington, Willis said the party has been monitoring 'bracket creep' and adjustments could be made after a return to surplus. OliverShaw Tax Partner Robin Oliver says there's a case for indexing the tax rates, and the Government should be transparent if they need to make changes. "We should legislate that each year, the Government should be transparent, it should go to the public and say - actually, we need to increase the tax rates on middle-income New Zealanders because we're going to spend it on healthcare, ED, what have you." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Nicola Willis is hinting National could introduce more income tax cuts if the party's re-elected, but Kiwis may have to wait for them. Speaking on a panel at BusinessNZ's election conference in Wellington, Willis said the party has been monitoring 'bracket creep' and adjustments could be made after a return to surplus. OliverShaw Tax Partner Robin Oliver says there's a case for indexing the tax rates, and the Government should be transparent if they need to make changes. "We should legislate that each year, the Government should be transparent, it should go to the public and say - actually, we need to increase the tax rates on middle-income New Zealanders because we're going to spend it on healthcare, ED, what have you." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Ryan Frost of the Washington Policy Center argues that promises of voter control over Washington's new income tax are misleading. A House amendment requiring a referendum before any threshold change was voted down 45-51, yet senators continue telling voters they will "always have the final say." https://www.clarkcountytoday.com/opinion/opinion-dont-fall-for-the-illusion-of-voter-control-on-income-tax-expansion-2/ #WashingtonState #IncomeTax #TaxPolicy #VoterRights #WashingtonPolitics #Opinion #WashingtonPolicyCenter
Making Tax Digital is here, but what happens next could matter even more for every bookkeeper. In this episode, Zoe looks at what happened during the first MTD for Income Tax quarterly submissions, what bookkeeper practices experienced, and why preparation made the process much easier than many expected. But there's a bigger challenge ahead. From April 2027, missed quarterly deadlines will begin attracting penalty points, with a £200 fine once four points have accumulated. More businesses will also be brought into MTD as the threshold changes. For every bookkeeper, now is the time to prepare clients, improve processes and make sure MTD can be handled efficiently every quarter. Whether you're a bookkeeper who sailed through the first submission or a bookkeeper who found it overwhelming, this episode explores what you can learn from the first deadline and how to prepare your practice for what comes next. Read more about MTD here: https://www.gov.uk/government/statistics/making-tax-digital-for-income-tax-business-population-statistics ----------------------------------------------- About us We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective ----------------------------------------------- About our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. Get 90% off your first 6 months by visiting: https://xero5440.partnerlinks.io/6figurebookkeeper ----------------------------------------------- Promotion This video contains paid promotion. ----------------------------------------------- Disclaimer The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast. Chapters: 00:00:00 - The Looming Threat a Bookkeeper CAN'T AFFORD to Ignore 00:02:20 - HMRC's Filing Numbers and the Work Ahead 00:04:57 - What Bookkeepers Actually Experienced 00:07:36 - Why Preparation Made Filing Easier 00:09:31 - Redesigning Practice Processes for Every Quarter 00:10:53 - Mapping Workflows for Scale and Automation 00:14:13 - Build a Repeatable Business for the Future #bookkeeper
Washington Policy Center's Ryan Frost documents how the Seattle Times editorial board spent months condemning Olympia's out-of-control spending, then urged voters to reject I-645, which would repeal the new state income tax. Frost argues lawmakers should be pressed to defend an $80.2 billion two-year budget and find room for tax relief within existing revenue. https://www.clarkcountytoday.com/opinion/opinion-the-seattle-times-editorial-board-makes-excuses-for-the-budget-failures-it-condemns/ #Opinion #I645 #WashingtonStateBudget #IncomeTax #TaxPolicy #Olympia #WashingtonPolicy #SeattleTimes #StateBudget #Politics
WEST v. WASHINGTON STATE LEGISLATURE (2026) // ‘Government edit’? Two lawsuits challenge state’s description of WA income tax measure // Challenge lost; Washington Supreme Court fractured over income tax repeal fight // Bonnie Brown & Google's 28th Birthday // California’s wealth tax is built on billionaires who aren't really billionaires // GOODBYE ANDREW // LETTERS
The Washington State Supreme Court has deadlocked in a major legal battle over Initiative 645, the November ballot measure seeking to repeal Washington state's new income tax. A 4-4 split by the Washington Supreme Court leaves the Public Investment Impact Disclosure, or PIID, written by Attorney General Nick Brown's office in place on the November 3 ballot. The disclosure warns voters that approving Initiative 645 would decrease funding for K-12 education, higher education and human services, including healthcare. Critics of the ballot disclosure argue that it is misleading because Washington's new income tax has not yet generated revenue. Government transparency advocate Arthur West challenged the PIID, while Let's Go Washington and Washington GOP Chairman Jim Walsh have also strongly criticized the language. Brian Heywood of Let's Go Washington is responding to the divided Supreme Court decision and what it could mean for the campaign to repeal Washington's income tax. Meanwhile, another major Washington election fight is moving forward in Pierce County. A judge rejected a challenge seeking to block Pierce County Charter Amendment 53 from reaching voters. The amendment would change the Pierce County sheriff from an elected position to an appointed position and could remove Sheriff Keith Swank from office. Pierce County voters will now have an opportunity to decide whether they want to continue directly electing their sheriff. Another Pierce County proposal, Amendment 54, would create a new Public Safety Ombuds office with oversight involving the Pierce County Sheriff's Office, raising additional questions about government accountability, costs and law enforcement oversight. Finally, Washington's 2018 ban on so-called conversion therapy is facing renewed legal scrutiny following a U.S. Supreme Court decision involving a similar Colorado law. Washington marriage and family therapist Brian Tingley is getting another opportunity to challenge the state's restrictions. Alliance Defending Freedom argues the law violates counselors' First Amendment free speech rights by restricting certain conversations with minor clients. Washington State Sen. Marko Liias, who sponsored the original legislation, is defending the law and arguing that it protects minors from practices he says are harmful and ineffective. Washington in Focus Daily breaks down the latest Washington Supreme Court ruling, Initiative 645 income tax repeal battle, Pierce County sheriff election fight, November 2026 ballot measures and renewed constitutional challenge to Washington's conversion therapy law. #WashingtonState #WashingtonPolitics #IncomeTax #Initiative645 #WASupremeCourt #Taxpayers #PierceCounty #PierceCountySheriff #KeithSwank #Election2026 #Seattle #SCOTUS #FirstAmendment #WashingtonNews #TheCenterSquare Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Former Congresswoman Jaime Herrera Beutler urged support for I-645, a voter initiative to repeal Washington's new income tax on individuals earning more than $1 million annually. She warned lawmakers rejected amendments that would have barred future expansion of the tax to lower income levels. https://www.clarkcountytoday.com/business/video-former-congresswoman-jaime-herrera-beutler-speaks-out-against-washington-income-tax/ #I645 #WashingtonTax #IncometaxRepeal #LetsGoWashington #JaimeHerreraBeutler #WashingtonState #TaxPolicy
Washington's income tax repeal fight is escalating as Initiative 645 heads toward the November ballot and the Washington State Supreme Court considers a major challenge involving the ballot language voters will see. Former Congresswoman Jaime Herrera Beutler is urging Washington voters to support Initiative 645 and repeal the state's new 9.9% tax on household income above $1 million. Herrera Beutler argues the so-called “millionaires tax” could eventually expand to more Washington taxpayers, while supporters of the tax argue it is necessary to make Washington's tax system less regressive. The Washington Supreme Court is also weighing the legal fight over the Public Investment Impact Disclosure, or PIID, that will accompany Initiative 645 on the November ballot. A five-justice panel considered Arthur West's challenge but continued the matter for additional consideration, potentially putting the issue before the full Washington Supreme Court. Meanwhile, Seattle Public Schools avoided a teacher strike at the last minute, allowing students to return to classrooms on schedule. But questions remain about what the district agreed to financially as Seattle Public Schools faces a major budget shortfall. And Seattle is facing a potential constitutional fight over its P-Patch community gardening program. Pacific Legal Foundation is challenging the city's policy of prioritizing certain racial groups for highly sought-after community garden plots and is pressing Seattle officials to change the policy. Washington in Focus Daily breaks down the latest Washington income tax news, Initiative 645, the Supreme Court ballot fight, Seattle Public Schools negotiations, Washington education spending, Seattle's P-Patch garden controversy and the latest political and government accountability news from across Washington state. #WashingtonState #WashingtonPolitics #IncomeTax #Initiative645 #WashingtonTaxes #Seattle #SeattleSchools #SeattleNews #WASupremeCourt #Taxpayer #WashingtonNews #Olympia #GovernmentAccountability #WashingtonInFocus Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sept. 1, 2026 ~ Jennifer Bird-Pollan, professor of law, joins Chris Renwick and Lloyd Jackson to discuss a proposal to eliminate the income tax. Is that possible? Where would the lost revenue come from? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Washington state's income tax repeal fight is heading back before the Washington Supreme Court as the battle over Initiative 645 and its controversial ballot language intensifies ahead of the November election. A panel of Washington Supreme Court justices is set to consider government transparency advocate Arthur West's challenge to the Public Investment Impact Disclosure, or PIID, that will accompany Initiative 645. The initiative, backed by Let's Go Washington, seeks to repeal Washington's new income tax. Critics, including Washington GOP Chairman Jim Walsh, argue the Attorney General-crafted disclosure is misleading because it warns that repealing the tax would reduce funding for K-12 education, higher education and healthcare even though revenue from the new tax has not yet begun flowing into state coffers. But the income tax repeal fight has now taken another unusual turn. West is suing Walsh and the Washington State Republican Party for defamation over claims that West was unprepared and "tricked" during the original Thurston County Superior Court case. Two Thurston County judges have now recused themselves from the West v. Walsh lawsuit. Also in this episode, Washington builders are raising concerns about proposed updates to the state's residential and commercial energy codes. The Washington State Building Code Council continues considering rules favoring electric heat pumps and further electrification as the Washington Supreme Court separately considers the legal fight surrounding Initiative 2066 and natural gas choice. The Building Industry Association of Washington is questioning why the state is moving forward with additional energy-code changes before the Initiative 2066 litigation is resolved. Builders and housing advocates are also raising concerns about construction costs, housing affordability and the impact new Washington energy regulations could have on homeowners, renters and homebuilders. Plus, a Washington ranching family is appealing its legal battle against the Washington State Department of Ecology. Wade and Theresa King, owners of King Ranch in Grant and Douglas counties, are fighting more than $260,000 in penalties and potentially millions of dollars in restoration costs stemming from the state's claim that maintenance of stock-water ponds disturbed protected wetlands. The Kings dispute that the areas are wetlands and argue they should have the right to have a jury decide the case rather than proceeding through the Pollution Control Hearings Board. Watch Washington in Focus for the latest Washington politics, Washington Supreme Court news, Initiative 645, Washington income tax repeal, Initiative 2066, natural gas regulations, Washington energy codes, housing affordability, property rights, Department of Ecology disputes and government accountability news from across Washington state. #WashingtonState #WAPolitics #WashingtonPolitics #IncomeTax #Initiative645 #WashingtonSupremeCourt #NaturalGas #Initiative2066 #EnergyCodes #HousingAffordability #PropertyRights #ArthurWest #JimWalsh #TheCenterSquare #WashingtonInFocus Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
AI agents are going rogue — deleting bookings, sending unauthorized emails, and lying about it — and Blake and David trace the trend into the $3 trillion of off-balance-sheet AI commitments hiding in Big Tech's footnotes (and why accountants will get blamed when the bubble pops). They also recap what stood out at XeroCon 2026. Then Hoover Institution fellow Ben Jaros runs the real numbers on California's Prop 40 billionaire wealth tax — why the $100 billion estimate is closer to $40 billion, and whether taxing 200 people is even constitutional.SponsorsCanopy - http://accountingpodcast.promo/canopyThomson Reuters - http://accountingpodcast.promo/taxautomationOnPay - http://accountingpodcast.promo/onpayCloud Accountant Staffing - http://accountingpodcast.promo/casChapters(00:00) - Welcome to The Accounting Podcast (03:00) - Rogue AI Agents Gone Wild (07:53) - Controlling Agent Permissions (12:08) - Microsoft AI Receivables Surge (14:49) - Three Trillion Off Book Commitments (17:09) - Meta Hyperion Lease Loopholes (21:33) - Bubble Risk and Circular Financing (28:24) - XeroCon Highlights and AI Agents (32:21) - Bank Reconciliation and Roadmap Gripes (34:10) - Conference Vaporware Rant (34:37) - Billionaire Tax Preview (36:33) - Prop 40 Basics (38:40) - Revenue Reality Check (42:44) - Residency Cutoff Drama (45:01) - Wealth Tax vs Income Tax (45:52) - One Time Or Not (46:34) - Healthcare Backfill Claims (51:42) - Better Ways To Tax (55:23) - Constitutional Challenges (58:01) - Why Voters Oppose It (01:02:09) - Trial Balloon And Wrap Up Show NotesComing soon!Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifieds Flowglad - https://cal.com/team/flowglad/flowgladFearless Foundry - www.advisoryamplified.comExpense Bot - https://www.expensebot.ai/accountantProfitRoot - https://tryprofitroot.com/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
A legal battle is underway in Pierce County over a proposed charter amendment that would make the county sheriff an appointed rather than elected position. Sheriff Keith Swank opposes the proposal, while former Washington State Auditor Brian Sonntag and other plaintiffs are suing in an effort to keep the amendment off the November ballot. Swank is also speaking out about an encounter with Seattle interim Police Chief Andre Sales at a recent law enforcement graduation ceremony. Swank says he interpreted Sales' comments as a challenge to fight, while the Seattle Police Department disputes Swank's recollection of the conversation. Meanwhile, Washington's WA Cares long-term care program is facing renewed scrutiny. Washington Policy Center's Elizabeth New is raising questions about the example used during Gov. Bob Ferguson's June launch event, while SEIU 775 says the criticism is based on a "made up issue" and that the caregiver featured was illustrating the type of care WA Cares can provide. Finally, the legal fight surrounding Initiative 645 and its public investment impact disclosure takes another turn. Government transparency advocate Arthur West is now suing the Washington State Republican Party and GOP Chairman Jim Walsh for defamation as the broader battle over the income tax repeal initiative continues. Watch Washington in Focus Daily for the latest on Washington politics, public safety, taxes, government accountability and the November election. #Washington #WAPolitics #PierceCounty #KeithSwank #Seattle #WACares #BobFerguson #IncomeTax #WashingtonPolitics #Election2026 #PublicSafety #GovernmentAccountability #TheCenterSquare Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
"If you pay too much money in taxes, they don't say anything. But if you don't pay enough money in taxes, you get fined." President Trump's One Big Beautiful Bill Act is the largest tax cut in U.S. history. It lowered marginal income tax rates across every bracket, raised the standard deduction above 2025 levels, and introduced several provisions the media largely overlooked. For most Americans the result is a lower tax bill, but only if they know what to claim. Jaspreet Singh breaks down exactly how the new tax brackets and standard deductions compare to what they would have been without the bill, then walks through five specific provisions that could reduce what you owe even further. In this episode, you'll learn: How the new tax brackets compare to both 2025 rates and what rates would have reverted to without the bill with the top rate dropping from 39.6% to 37% and mid-bracket rates falling from 25% to 22% and 28% to 24% The SALT cap increase from $10,000 to $40,000 for state, local, and property taxes. Giving homeowners in high-tax states like California, New York, and New Jersey the ability to itemize beyond the standard deduction for the first time in years The senior bonus ($6,000 additional deduction for those over 65 earning under $75,000 single or $150,000 married) and the Roth 401k catch-up rule requiring high earners over 50 to route catch-up contributions through a Roth rather than a traditional 401k No taxes on tips (up to $25,000) and no taxes on overtime income (up to $12,500 single / $25,000 married) both available through 2028 for workers earning under $150,000 single or $300,000 married filing jointly Keywords: Trump tax cuts, One Big Beautiful Bill, 2026 tax brackets, SALT deduction, no tax on tips, no tax on overtime, Roth 401k, senior tax deduction, standard deduction, tax strategy Want more financial news? Join Market Briefs, my free daily financial newsletter: https://link2.briefs.co/gie Below are my recommended tools! Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or podcast). ---------- ➤ Invest In Stocks Passively 1) M1 Finance - Buy stocks & ETFs automatically: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ----------
Washington state's Department of Revenue says implementing its new 9.9% income tax on incomes above $1 million will be "a significant lift," with the advisory group wrestling over how to define state residency and domicile. Tax attorneys warn the standards are ambiguous and hard to codify. https://www.clarkcountytoday.com/news/dor-significant-life-awaits-wa-with-new-income-tax-residency-enforcement/ #WashingtonState #IncomeTax #Initiative645 #DOR #TaxPolicy #SB6346 #WApolitics #StateResidency #Domicile #TheCenter Square
Seattle Mayor Katie Wilson is facing another troubling poll, with new Seattle Metro Chamber numbers showing her favorability falling from 57% in April to just 37%. Public safety appears to be a major concern as Wilson faces scrutiny over violent crime, the departure of Police Chief Shon Barnes, surveillance policy and an active recall effort. Meanwhile, the legal battle over Washington's income tax repeal initiative continues. The Washington State Supreme Court has agreed to have a panel consider Arthur West's emergency motion challenging the Public Investment Impact Disclosure that will appear alongside Initiative 645. West and Washington GOP Chairman Jim Walsh argue the disclosure could mislead voters about the fiscal impact of repealing the state's new income tax. And with five Washington Supreme Court seats on the November ballot, candidate Scott Edwards is challenging what he calls the state's “resign and appoint” model for filling judicial vacancies. Justice Colleen Melody, who was appointed by Gov. Bob Ferguson, pushes back on concerns that gubernatorial appointments compromise judicial independence. Washington In Focus Daily breaks down the polling, the latest income tax court battle and the growing debate over who should shape Washington's highest court. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
MORE ON THE ALLEGED GRASSROOTS MOVEMENT TO UP OUR INCOME TAXES I’ve got CompleteColorado.com’s Mike Krause at 12:30 to talk about who paid to collect signatures to create a graduated income tax. We already know a huge chunk of it was laundered taxpayer dollars. Read more here.See omnystudio.com/listener for privacy information.
A longtime Seattle Times sportswriter has resigned after editors declined to publish his column featuring two Washington female athletes who oppose competing against biological males. Matt Calkins, who spent 11 years at The Seattle Times, spoke with Washington In Focus Daily after his resignation story went viral. Calkins discussed why the rejected column became his final straw and argued that there is a disconnect between newsrooms and the general public. Meanwhile, the Washington Supreme Court has rejected an appeal challenging the Public Investment Impact Disclosure statement that will accompany Initiative 645, the November ballot measure seeking to repeal Washington's new income tax. Critics argue the disclosure could influence how voters perceive the financial consequences of repealing the tax. And Seattle Mayor Katie Wilson is facing another difficult poll. New results show her favorability falling sharply from April as public safety remains a major concern among Seattle voters. Wilson is also facing a recall petition, with a court hearing approaching. Washington In Focus Daily breaks down all three stories and what they could mean heading into Washington's November election. #SeattleTimes #KatieWilson #WashingtonState #WAPolitics #SeattleNews #WashingtonNews #GirlsSports #IncomeTax #I645 #SeattlePolitics #WashingtonSupremeCourt #PublicSafety #TheCenterSquare Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
On this week's interview Paul sits down with economist and Texas-based free market policy consultant Vance Ginn. They discuss the importance of eliminating New Mexico's personal income tax. They then discuss the political and policy situation in Texas. Gov. Abbott recently issued a moratorium on data centers. Will a hard-left "progressive" be able to win the Senate seat? Finally, states are considering reforming or eliminating property taxes. What is the right approach? Check out this important conversation!
Ryan Frost, director of budget and tax policy for the Washington Policy Center, told a Vancouver audience that Washington's new 9.9% income tax applies to every resident, not just millionaires, and that the $1 million deduction could be erased by a simple legislative majority vote. https://www.clarkcountytoday.com/news/washington-policy-center-tax-expert-warns-that-new-income-tax-will-affect-everyone/ #WashingtonState #IncomeTax #Initiative645 #TaxPolicy #WashingtonPolicyCenter #ClarkCounty #Vancouver #StateBudget #Politics
In this episode, Warren Ingram and Pieter de Villiers explore the complexities of investment taxes, including income tax, dividends tax, and capital gains tax, and how they impact your investment returns over time. Our experts clarify common misconceptions and provide practical insights on managing tax efficiently in your investment strategy.Chapters00:00 Introduction to Investment Taxes and Their Importance02:16 Practical Overview of How Taxes Work on Shares05:02 Income Tax and Its Impact on Investments06:21 Comparison of Different Tax Types on Investment Returns07:09 Additional Taxes and Indirect Tax Considerations08:58 Investment Strategy: Growth First, Tax Second10:14 The Cost of Paying Excessive Tax on Interest12:04 Retirement and De-Risking Investment Portfolios13:24 Asset Allocation and Tax-Efficient Investing14:23 Conclusion and Key Takeaways on Investment TaxesLearn more about how Curate Investments can help you here.Send us Fan MailHave a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
There aren't many certainties in life... but tax is one of them. And look, on the surface it doesn't come across as the sexiest of topics, but burying your head in the sand is a surefire way to create unnecessary stress in your life. The sooner you get your head around tax, the less you'll have to think about it.In this episode of BIZ, Lisa and Em chat to the Managing Director of HNRY to unpack the misconceptions many people have about tax and how understanding it is essential, especially if you're a business owner, sole trader or make extra income outside of your regular employment. In this episode you'll learn: What you can actually claim as a work expense The pros and cons of different business structures when it comes to tax The tax incentives for superannuation contributions Why a tax refund might not be a good thing How to manage your taxes when you're self-employed THE END BITS Support independent women's media.Got a work life dilemma? Send us all the questions you definitely can't ask your boss for our Biz Inbox episodes - send us a voice note or email us at podcast@mamamia.com.au. You can remain anon! HOSTS: Lisa Lie and Em Vernem GUEST: Karan Anand - Managing Director & Chief Strategy Officer at HNRY (Check them out if you're a sole trader and want to automate your tax!) EXECUTIVE PRODUCER: Courtney Ammenhauser SENIOR PRODUCER: Thom LionVIDEO PRODUCER: Marlena Cacciotti Mamamia acknowledges the Traditional Owners of the Land we have recorded this podcast on, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present, and extend that respect to all Aboriginal and Torres Strait Islander cultures.Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.
A judge rigged the income tax ballot. We must bury it in yes votes on election day. There’s a new trend of male basketball players saying they’re going to join the WNBA. // Guest: Let’s Go Washington’s Brian Heywood reacts to a Thurston County judge codifying the state’s ballot warning about Washington’s income tax repeal into place on Friday. // The Instagram CEO has an incorrect take about wearing shorts at work.
Hour 2 opens with commentary on summer travel, destination weddings, and West Coast weather conditions before examining national news headlines on The Shortlist, including U.S. Senator John Kennedy's political commentary, U.S. Navy maritime blockade enforcement along the Strait of Hormuz, and a $975 million Powerball jackpot drawing. In the St. Louis Morning Brief, local reporting focuses on a federal civil rights lawsuit filed against the Brentwood Police Department, criminal charges against a mother for a false Amber Alert report, an infrastructure failure involving a fallen gym scoreboard at O'Fallon Township High School, and St. Louis County Planning Commission public hearings on data center zoning regulations. In Segment 3, former Missouri State Senator John Lamping joins the broadcast to analyze the August 4 primary election results regarding Amendment 4 (initiative petition reform) and Amendment 5 (state income tax phase-out). Lamping evaluates statutory rate-reduction mechanisms, local personal property tax trade-offs, and public outreach strategies for Amendment 3 on the November general election ballot. Hour 2 concludes with Segment 4's In Other News, covering a Porter Airlines flight cancellation caused by an unbuckled seatbelt, a European bison incident in Poland, and the discovery of a 162-year-old Guinness bottle off the British coast. Hour Hashtags #JohnLamping #StLouisBrief #InOtherNews #MissouriAmendments #DataCenters #Powerball #StraitOfHormuz #GuinnessShipwreck Hour Guest List
August 5, 2026On August 5, 1861, President Abraham Lincoln signed a new tax into law, to help fund the US government during the Civil War, The law shifted ownership of the government to the American people, To equalize the burden and tax individuals in proportion to their ability to pay, the Republican Congress invented the nation's first income tax, By having the federal government, rather than the states, collect the tax directly, people would be supporting the United States of America, not individual states, This worked, and with their money behind the war effort, Americans were more committed to the cause, But although Republicans invented the American income tax, party leaders turned against it, starting with Ronald Reagan, Even as the national debt has risen, Republicans have argued that taxes destroy the country, In July 2025 Republicans passed the One Big Beautiful Bill Act, making tax cuts for the wealthy and for corporations permanent, Economists estimate OBBBA will add more than $4 trillion to the national debt over 10 years, While the cost of the war in Iran will put further strain on the economy, no wartime tax measure has been passed, But a proposal to eliminate the state income tax in Missouri was resoundingly rejected by the voters, indicating that Americans may be turning away from tax cuts as an economic strategy.Watch today's recording here: https://www.youtube.com/live/g9TUa1Rwd6U?si=T8_KKcHQZElhpnZ-Get full, free access to Letters from an American here: https://heathercoxrichardson.substack.com/subscribeYou can also find me:Bluesky: https://bsky.app/profile/hcrichardson.bsky.socialInstagram: https://www.instagram.com/heathercoxrichardson/?hl=enFacebook: https://www.facebook.com/heathercoxrichardson/YouTube: https://www.youtube.com/@heathercoxrichardson Get full access to Letters from an American at heathercoxrichardson.substack.com/subscribe
Missouri will decide whether to eventually do away with that state's individual income tax in an effort to better compete in the heartland. The ballot measure, titled Amendment 5, would enable lawmakers to increase and expand Missouri's sales tax with the goal of eventually replacing personal income tax. The amendment doesn't specify which goods or services would face new taxes, though Governor Mike Kehoe is against increasing levies on healthcare, real estate, or agriculture. FOX's Eben Brown speaks with Madison Alworth, FOX Business Network correspondent reporting from Kansas City, MO, who explains the pros and cons of this decision, and what Amendment 5 looks to accomplish. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices
Hour 4 opens with Marc Cox and Kim St. Onge assessing Primary Election Day voter turnout across Missouri, reviewing advance voting metrics and addressing last-minute voter questions surrounding Amendment 5. Field reporter Hugh St. Onge checks in live from the St. Louis County Government Center with polling place updates, reflecting on civic duty and military sacrifice. Missouri State Senator Nick Schroer joins the broadcast to dismantle opposition claims against Amendments 4 and 5, outlining how constitutional protections keep out-of-state special interest funding out of state policy while revealing conservative contingency plans to pursue statutory income tax cuts if Amendment 5 fails. The hour wraps up with Bob from Retirement Advisory Group discussing financial strategies to shield retirees from market swings. Hour Hashtags #ElectionDay2026 #MOpol #VoteYesOn4 #VoteYesOn5 #NickSchroer #TaxReform #RetirementPlanning Hour Guest List Hugh St. Onge (Field Reporter) Nick Schroer (Missouri State Senator) Bob (Retirement Advisory Group)
For a few hours this weekend, it looked like the Chiefs had lost a pair of wide receivers they are counting on. It still could be a problem going forward but disaster has been avoided as the players are better than first thought. Dr. Bill Busch of www.nkcdental.com goes global as we've learned he was the dentist to all the World Cup teams here in KC this summer. And he had three emergency calls including one on Father's Day. And he needed a translation app to work through it. The Royals trade for a pair of arms. The WNBA had one of the worst days any pro sports league has ever had. It appears the US and Iran are back at the table looking to strike a deal. Marco Rubio had a couple great lines this weekend. As Missouri attempts to go to no state income tax, we'll share a mind blowing stat about the state's tourism that is likely the answer to replacing the funds. Starlight Theater is a gem... and it's watching you. Gary Lezak of www.weather2020.com has hired one of his former co-workers. A store in KC sells disgusting anti-America and anti-Trump merch and in our Final Final...I've got a bet for the President if he wants it.
It appears Shon Barnes is out as Seattle Police Chief. Travel guru Rick Steves defends income tax and pickpocketing. Jason bumped into Megan Rapinoe at the airport. // Guest: Kristina Soltys is the lone Republican running for Washington’s 47th Legislative District. // The IDF calls out the Seattle Times for pro-Hamas propaganda.
This one is easy. Scott Faughn of www.themissouritimes.com and newspapers in Jeff City, Fulton and California, Missouri has all things America covered. He has more opinions than me and is about to suprise you. Ypu don't need a vote in Missouri to hear this really smart and free speech man. Let's go.
Guest: SPOG President Kent Loux on the mass shooting and Chief Shon Barnes nearly getting into a physical altercation with a reporter. The dishonest language on the ballot for the income tax repeal is intended to scare and confuse voters. // LongForm: GUEST: UW atmospherics scientist Cliff Mass calls out the Seattle Times' "misinformation" about wildfires and climate change. // Quick Hit: Anthony Fauci’s diary reveals he was relishing his media appearances during COVID.
Bishop Davidson, Missouri Legislator on Income Tax | 7-28-26See omnystudio.com/listener for privacy information.
Reasonable Democrats are becoming more vocal about Olympia's overspending. Plus: Iraq to help U.S. develop alternate oil routes. Subscribe to Zach's Daily Market Recap at KnowYourRiskPodcast.com.
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