#tax accountant programs
Explore tagged Tumblr posts
accountsnextgen ¡ 18 days ago
Text
Top Tax Accountants in Melbourne – Your Trusted Financial Partners!
Are you looking for expert tax accountants in Melbourne? Our team specializes in delivering personalized tax solutions to individuals and businesses alike. We provide comprehensive services including tax planning, filing, BAS & GST lodgments, and superannuation advice.
Tumblr media
Why Choose Us?
Expert Tax Planning
Reliable Tax Filing & Compliance
Maximized Returns & Minimized Liabilities
Personalized Solutions for Individuals & Businesses
Book your consultation today and let us help you make the most out of your financial opportunities! Contact us now and experience seamless, professional tax services.
0 notes
spaceshipkat ¡ 12 days ago
Text
where are all the dystopian novels where people still worry about student loans tbh like why do we get the dystopian government with student loans
9 notes ¡ View notes
tax-consultants-perth ¡ 11 months ago
Text
The Tax Implications of Frequent Flyer Programs
In the dynamic world of business, travel is often an essential component. Whether it’s for client meetings, industry conferences, or exploring new market opportunities, frequent travel can significantly impact both personal and business finances. To mitigate these expenses, many professionals turn to frequent flyer programs offered by airlines. However, what often goes unnoticed is the tax implications associated with these programs.
Tumblr media
In Australia, understanding the tax impact of frequent flyer programs is crucial for individuals and businesses alike. The taxation framework, including fringe benefits tax (FBT), can have significant implications on financial planning and compliance. As such, partnering with Perth tax accountants or business tax consultants is essential for navigating these complexities efficiently.
What is Fringe Benefits Tax (FBT)?
Fringe Benefits Tax (FBT) is a tax imposed by the Australian government on certain benefits provided to employees or associates in connection with employment. These benefits can include the personal use of employer-provided assets, including cars, property, and even airline travel through frequent flyer programs. Failure to account for these benefits correctly can lead to penalties and additional tax liabilities.
Tumblr media
Understanding the Tax Impact of Frequent Flyer Programs:
While frequent flyer programs offer numerous perks, such as free flights, upgrades, and lounge access, they can also trigger FBT obligations. The taxation of frequent flyer points hinges on whether they are considered "property" for tax purposes. In many cases, points accumulated through business travel are seen as a form of remuneration and therefore subject to FBT.
Tax Planning Strategy:
Given the complexities surrounding the taxation of frequent flyer points, devising a comprehensive tax planning strategy is paramount. This involves working closely with tax planning Perth experts who can provide tailored solutions to mitigate tax liabilities while maximizing the benefits of frequent flyer programs.
Tumblr media
One effective tax planning strategy involves structuring business travel arrangements to minimize FBT exposure. This may include clearly delineating between personal and business-related travel, ensuring that only business-related flights are subject to FBT.
Additionally, businesses can explore the possibility of salary packaging arrangements that allocate a portion of an employee's remuneration towards travel expenses, thus reducing the FBT payable on frequent flyer benefits.
Consulting Perth Tax Accountants:
In navigating the intricacies of FBT and frequent flyer programs, seeking guidance from Perth tax accountants with expertise in tax structuring services is invaluable. These professionals can provide tailored advice on structuring travel arrangements, maximizing tax deductions, and ensuring compliance with regulatory requirements.
Furthermore, Perth tax accountants can assist businesses in conducting regular FBT reviews to identify any potential risks or areas for optimization. By staying proactive and vigilant, businesses can avoid costly penalties and optimize their tax position effectively.
The Role of Business Tax Consultants:
Business tax consultants play a crucial role in helping organizations navigate the complexities of taxation, including FBT and frequent flyer programs. These consultants possess in-depth knowledge of tax legislation and can provide strategic advice to minimize tax liabilities while optimizing business operations.
Through comprehensive tax structuring services, business tax consultants can assist organizations in structuring their affairs in a tax-efficient manner, ensuring compliance with regulatory requirements while maximizing tax deductions and incentives.
Conclusion:
Frequent flyer programs offer a myriad of benefits for individuals and businesses alike, including cost savings, convenience, and enhanced travel experiences. However, it's essential to understand the tax implications associated with these programs, particularly in relation to fringe benefits tax (FBT).
Partnering with Perth tax accountants and business tax consultants is crucial for devising effective tax planning strategies, navigating regulatory complexities, and optimizing tax outcomes. By staying proactive and seeking expert guidance, individuals and businesses can maximize the benefits of frequent flyer programs while minimizing tax liabilities and ensuring compliance with regulatory requirements.
Read More:
What are the Tax Implications of Unfair Dismissal Claims?
What is the Tax Effect of a Capital-Protected Loan?
What are the key aspects to understand about partnership taxation?
How to reduce ATO Tax Penalties and Interest?
How can you give to your children at Christmas in a tax-effective manner?
Contact:
Address: -
Perth
Level 2 – 116 Roe Street Northbridge, WA 6003
Melbourne
Level 1 – 91 Maroondah Highway Ringwood, VIC 3134
Phone No.: - 08-9221-8811
Website: -  www.westcourt.com.au
Follow us on:
Facebook: www.facebook.com/WestcourtFamilyBusinessAccountants
Instagram: www.instagram.com/westcourtfba/
LinkedIn: www.linkedin.com/company/westcourt-consulting/
0 notes
techdriveplay ¡ 1 year ago
Text
What is Novated Leasing and How Do You Choose a Good Provider?
More Australians are discovering the benefits of novated leasing, with the salary sacrificing arrangement booming in popularity. A novated lease allows you to pay for your car and its running costs with your pre-tax salary. This dramatically reduces your taxable income, potentially saving you thousands each year.    Once used almost exclusively by big corporations and the top end of town,…
Tumblr media
View On WordPress
0 notes
batboyblog ¡ 8 months ago
Text
Things Biden and the Democrats did, this week #26
July 5-12 2024
The IRS announced it had managed to collect $1 billion in back taxes from high-wealth tax cheats. The program focused on persons with more than $1 million in yearly income who owned more than $250,000 in unpaid taxes. Thanks to money in Biden's 2022 Inflation Reduction Act the IRS is able to undertake more enforcement against rich tax cheats after years of Republicans cutting the agency's budget, which they hope to do again if they win power again.
The Biden administration announced a $244 million dollar investment in the federal government’s registered apprenticeship program. This marks the largest investment in the program's history with grants going out to 52 programs in 32 states. The President is focused on getting well paying blue collar opportunities to people and more people are taking part in the apprenticeship program than ever before. Republican pledge to cut it, even as employers struggle to find qualified workers.
The Department of Transportation announced the largest single project in the department's history, $11 billion dollars in grants for the The Hudson River Tunnel. Part of the $66 billion the Biden Administration has invested in our rail system the tunnel, the most complex Infrastructure project in the nation would link New York and New Jersey by rail under the Hudson. Once finished it's believed it'll impact 20% of the American economy by improving and speeding connection throughout the Northeast.
The Department of Energy announced $1.7 billion to save auto worker's jobs and convert factories to electronic vehicles. The Biden administration will used the money to save or reopen factories in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia and retool them to make electric cars. The project will save 15,000 skilled union worker jobs, and created 2,900 new high-quality jobs.
The Department of Housing and Urban Development reached a settlement with The Appraisal Foundation over racial discrimination. TAF is the organization responsible for setting standards and qualifications for real estate appraisers. The Bureau of Labor Statistics last year found that TAF was 94.7% White and 0.6% Black, making it the least racially diverse of the 800 occupations surveyed. Black and Latino home owners are far more likely to have their houses under valued than whites. Under the settlement with HUD TAF will have to take serious steps to increase diversity and remove structural barriers to diversity.
The Department of Justice disrupted an effort by the Russian government to influence public opinion through AI bots. The DoJ shut down nearly 1,000 twitter accounts that were linked to a Russian Bot farm. The bots used AI technology to not only generate tweets but also AI image faces for profile pictures. The effort seemed focused on boosting support for Russia's war against Ukraine and spread negative stories/impressions about Ukraine.
The Department of Transportation announces $1.5 billion to help local authorities buy made in America buses. 80% of the funding will go toward zero or low-emission technology, a part of the President's goal of reaching zero emissions by 2050. This is part of the $5 billion the DOT has spent over the last 3 years replacing aging buses with new cleaner technology.
President Biden with Canadian Prime Minster Justin Trudeau and Finnish President Alexander Stubb signed a new agreement on the arctic. The new trilateral agreement between the 3 NATO partners, known as the ICE Pact, will boost production of ice breaking ships, the 3 plan to build as many as 90 between them in the coming years. The alliance hopes to be a counter weight to China's current dominance in the ice breaker market and help western allies respond to Russia's aggressive push into the arctic waters.
The Department of Transportation announced $1.1 billion for greater rail safety. The program seeks to, where ever possible, eliminate rail crossings, thus removing the dangers and inconvenience to communities divided by rail lines. It will also help update and improve safety measures at rail crossings.
The Department of the Interior announced $120 million to help tribal communities prepare for climate disasters. This funding is part of half a billion dollars the Biden administration has spent to help tribes build climate resilience, which itself is part of a $50 billion dollar effort to build climate resilience across the nation. This funding will help support drought measures, wildland fire mitigation, community-driven relocation, managed retreat, protect-in-place efforts, and ocean and coastal management.
The USDA announced $100 million in additional funds to help feed low income kids over the summer. Known as "SUN Bucks" or "Summer EBT" the new Biden program grants the families of kids who qualify for free meals at school $120 dollars pre-child for groceries. This comes on top of the traditional SUN Meals program which offers school meals to qualifying children over the summer, as well as the new under President Biden SUN Meals To-Go program which is now offering delivery of meals to low-income children in rural areas. This grant is meant to help local governments build up the Infrastructure to support and distribute SUN Bucks. If fully implemented SUN Bucks could help 30 million kids, but many Republican governors have refused the funding.
USAID announced its giving $100 million to the UN World Food Program to deliver urgently needed food assistance in Gaza. This will bring the total humanitarian aid given by the US to the Palestinian people since the war started in October 2023 to $774 million, the single largest donor nation. President Biden at his press conference last night said that Israel and Hamas have agreed in principle to a ceasefire deal that will end the war and release the hostages. US negotiators are working to close the final gaps between the two sides and end the war.
The Senate confirmed Nancy Maldonado to serve as a Judge on the Seventh Circuit Court of Appeals. Judge Maldonado is the 202nd federal Judge appointed by President Biden to be confirmed. She will the first Latino judge to ever serve on the 7th Circuit which covers Illinois, Indiana, and Wisconsin.
Bonus: At the NATO summit in Washington DC President Biden joined 32 allies in the Ukraine compact. Allies from Japan to Iceland confirmed their support for Ukraine and deepening their commitments to building Ukraine's forces and keeping a free and Democratic Ukraine in the face of Russian aggression. World leaders such as British Prime Minster Keir Starmer, German Chancellor Olaf Scholz, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelenskyy, praised President Biden's experience and leadership during the NATO summit
3K notes ¡ View notes
mostlysignssomeportents ¡ 7 months ago
Text
The one weird monopoly trick that gave us Walmart and Amazon and killed Main Street
Tumblr media
I'm coming to BURNING MAN! On TUESDAY (Aug 27) at 1PM, I'm giving a talk called "DISENSHITTIFY OR DIE!" at PALENQUE NORTE (7&E). On WEDNESDAY (Aug 28) at NOON, I'm doing a "Talking Caterpillar" Q&A at LIMINAL LABS (830&C).
Tumblr media
Walmart didn't just happen. The rise of Walmart – and Amazon, its online successor – was the result of a specific policy choice, the decision by the Reagan administration not to enforce a key antitrust law. Walmart may have been founded by Sam Walton, but its success (and the demise of the American Main Street) are down to Reaganomics.
The law that Reagan neutered? The Robinson-Patman Act, a very boring-sounding law that makes it illegal for powerful companies (like Walmart) to demand preferential pricing from their suppliers (farmers, packaged goods makers, meat producers, etc). The idea here is straightforward. A company like Walmart is a powerful buyer (a "monopsonist" – compare with "monopolist," a powerful seller). That means that they can demand deep discounts from suppliers. Smaller stores – the mom and pop store on your Main Street – don't have the clout to demand those discounts. Worse, because those buyers are weak, the sellers – packaged goods companies, agribusiness cartels, Big Meat – can actually charge them more to make up for the losses they're taking in selling below cost to Walmart.
Reagan ordered his antitrust cops to stop enforcing Robinson-Patman, which was a huge giveaway to big business. Of course, that's not how Reagan framed it: He called Robinson-Patman a declaration of "war on low prices," because it prevented big companies from using their buying power to squeeze huge discounts. Reagan's court sorcerers/economists asserted that if Walmart could get goods at lower prices, they would sell goods at lower prices.
Which was true…up to a point. Because preferential discounting (offering better discounts to bigger customers) creates a structural advantage over smaller businesses, it meant that big box stores would eventually eliminate virtually all of their smaller competitors. That's exactly what happened: downtowns withered, suburban big boxes grew. Spending that would have formerly stayed in the community was whisked away to corporate headquarters. These corporate HQs were inevitably located in "onshore-offshore" tax haven states, meaning they were barely taxed at the state level. That left plenty of money in these big companies' coffers to spend on funny accountants who'd help them avoid federal taxes, too. That's another structural advantage the big box stores had over the mom-and-pops: not only did they get their inventory at below-cost discounts, they didn't have to pay tax on the profits, either.
MBA programs actually teach this as a strategy to pursue: they usually refer to Amazon's "flywheel" where lower prices bring in more customers which allows them to demand even lower prices:
https://www.youtube.com/watch?v=BaSwWYemLek
You might have heard about rural and inner-city "food deserts," where all the independent grocery stores have shuttered, leaving behind nothing but dollar stores? These are the direct product of the decision not to enforce Robinson-Patman. Dollar stores target working class neighborhoods with functional, beloved local grocers. They open multiple dollar stores nearby (nearly all the dollar stores you see are owned by one of two conglomerates, no matter what the sign over the door says). They price goods below cost and pay for high levels of staffing, draining business off the community grocery store until it collapses. Then, all the dollar stores except one close and the remaining store fires most of its staff (working at a dollar store is incredibly dangerous, thanks to low staffing levels that make them easy targets for armed robbers). Then, they jack up prices, selling goods in "cheater" sizes that are smaller than the normal retail packaging, and which are only made available to large dollar store conglomerates:
https://pluralistic.net/2023/03/27/walmarts-jackals/#cheater-sizes
Writing in The American Prospect, Max M Miller and Bryce Tuttle1 – a current and a former staffer for FTC Commissioner Alvaro Bedoya – write about the long shadow cast by Reagan's decision to put Robinson-Patman in mothballs:
https://prospect.org/economy/2024-08-13-stopping-excessive-market-power-monopoly/
They tell the story of Robinson-Patman's origins in 1936, when A&P was using preferential discounts to destroy the independent grocery sector and endanger the American food system. A&P didn't just demand preferential discounts from its suppliers; it also charged them a fortune to be displayed on its shelves, an early version of Amazon's $38b/year payola system:
https://pluralistic.net/2022/11/28/enshittification/#relentless-payola
They point out that Robinson-Patman didn't really need to be enacted; America already had an antitrust law that banned this conduct: section 2 of the the Clayton Act, which was passed in 1914. But for decades, the US courts refused to interpret the Clayton Act according to its plain meaning, with judges tying themselves in knots to insist that the law couldn't possibly mean what it said. Robinson-Patman was one of a series of antitrust laws that Congress passed in a bid to explain in words so small even federal judges could understand them that the purpose of American antitrust law was to keep corporations weak:
https://pluralistic.net/2023/04/14/aiming-at-dollars/#not-men
Both the Clayton Act and Robinson-Patman reject the argument that it's OK to let monopolies form and come to dominate critical sectors of the American economy based on the theoretical possibility that this will lead to lower prices. They reject this idea first as a legal matter. We don't let giant corporations victimize small businesses and their suppliers just because that might help someone else.
Beyond this, there's the realpolitik of monopoly. Yes, companies could pass lower costs on to customers, but will they? Look at Amazon: the company takes $0.45-$0.51 out of every dollar that its sellers earn, and requires them to offer their lowest price on Amazon. No one has a 45-51% margin, so every seller jacks up their prices on Amazon, but you don't notice it, because Amazon forces them to jack up prices everywhere else:
https://pluralistic.net/2024/03/01/managerial-discretion/#junk-fees
The Robinson-Patman Act did important work, and its absence led to many of the horribles we're living through today. This week on his Peoples & Things podcast, Lee Vinsel talked with Benjamin Waterhouse about his new book, One Day I’ll Work for Myself: The Dream and Delusion That Conquered America:
https://athenaeum.vt.domains/peoplesandthings/2024/08/12/78-benjamin-c-waterhouse-on-one-day-ill-work-for-myself-the-dream-and-delusion-that-conquered-america/
Towards the end of the discussion, Vinsel and Waterhouse turn to Robinson-Patman, its author, Wright Patman, and the politics of small business in America. They point out – correctly – that Wright Patman was something of a creep, a "Dixiecrat" (southern Democrat) who was either an ideological segregationist or someone who didn't mind supporting segregation irrespective of his beliefs.
That's a valid critique of Wright Patman, but it's got little bearing on the substance and history of the law that bears his name, the Robinson-Patman Act. Vinsel and Waterhouse get into that as well, and while they made some good points that I wholeheartedly agreed with, I fiercely disagree with the conclusion they drew from these points.
Vinsel and Waterhouse point out (again, correctly) that small businesses have a long history of supporting reactionary causes and attacking workers' rights – associations of small businesses, small women-owned business, and small minority-owned businesses were all in on opposition to minimum wages and other key labor causes.
But while this is all true, that doesn't make Robinson-Patman a reactionary law, or bad for workers. The point of protecting small businesses from the predatory practices of large firms is to maintain an American economy where business can't trump workers or government. Large companies are literally ungovernable: they have gigantic war-chests they can spend lobbying governments and corrupting the political process, and concentrated sectors find it comparatively easy to come together to decide on a single lobbying position and then make it reality.
As Vinsel and Waterhouse discuss, US big business has traditionally hated small business. They recount a notorious and telling anaecdote about the editor of the Chamber of Commerce magazine asking his boss if he could include coverage of small businesses, given the many small business owners who belonged to the Chamber, only to be told, "Over my dead body." Why did – why does – big business hate small business so much? Because small businesses wreck the game. If they are included in hearings, notices of inquiry, or just given a vote on what the Chamber of Commerce will lobby for with their membership dollars, they will ask for things that break with the big business lobbying consensus.
That's why we should like small business. Not because small business owners are incapable of being petty tyrants, but because whatever else, they will be petty. They won't be able to hire million-dollar-a-month union-busting law-firms, they won't be able to bribe Congress to pass favorable laws, they can't capture their regulators with juicy offers of sweet jobs after their government service ends.
Vinsel and Waterhouse point out that many large firms emerged during the era in which Robinson-Patman was in force, but that misunderstands the purpose of Robinson-Patman: it wasn't designed to prevent any large businesses from emerging. There are some capital-intensive sectors (say, chip fabrication) where the minimum size for doing anything is pretty damned big.
As Miller and Tuttle write:
The goal of RPA was not to create a permanent Jeffersonian agrarian republic of exclusively small businesses. It was to preserve a diverse economy of big and small businesses. Congress recognized that the needs of communities and people—whether in their role as consumers, business owners, or workers—are varied and diverse. A handful of large chains would never be able to meet all those needs in every community, especially if they are granted pricing power.
The fight against monopoly is only secondarily a fight between small businesses and giant ones. It's foundationally a fight about whether corporations should have so much power that they are too big to fail, too big to jail, and too big to care.
Tumblr media
Community voting for SXSW is live! If you wanna hear RIDA QADRI and me talk about how GIG WORKERS can DISENSHITTIFY their jobs with INTEROPERABILITY, VOTE FOR THIS ONE!
Tumblr media
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/08/14/the-price-is-wright/#enforcement-priorities
2K notes ¡ View notes
accountsnextgen ¡ 1 month ago
Text
Avoid These Common Tax Filing Mistakes in Brisbane
Tax season can be stressful, and even the smallest mistakes on your tax return can lead to delays, penalties, or missed deductions. Brisbane residents, whether individuals or businesses, must navigate the complexities of Australian tax laws with care.
Tumblr media
Here are some common tax filing mistakes to avoid and tips to ensure a smooth tax season.
Ignoring Deadlines: One of the most frequent mistakes is missing the October 31 deadline for lodging your tax return. Late submissions can result in penalties from the Australian Taxation Office (ATO). Setting reminders or hiring a tax professional can help you stay on track.
Missing Information: Errors in basic details like your Tax File Number (TFN), bank account information, or income figures can cause unnecessary delays. Double-check your entries to ensure accuracy, especially when providing income from multiple sources like wages, investments, or freelance work.
Claiming Ineligible Expenses: While claiming deductions can save you money, over-claiming or claiming ineligible expenses can attract audits and penalties. Ensure you only claim expenses directly related to earning your income and have supporting documentation.
Forgetting to Declare All Income: Income from side gigs, freelancing, or investments must be reported. Failing to declare all sources of income can lead to significant fines and complications during audits.
Skipping Professional Advice: Tax laws can be complex, and trying to handle everything on your own increases the likelihood of mistakes. A Brisbane-based tax accountant can guide you, help identify deductions, and ensure your tax return is error-free.
Avoiding these common tax filing mistakes can save you time, stress, and money. Whether it’s staying organized, meeting deadlines, or seeking professional help, taking proactive steps ensures a smoother tax season in Brisbane.
0 notes
sadanseo ¡ 2 years ago
Text
Tax Preparation Checklist
Ensure you've got everything before you start working on your Tax Preparation. You only need to worry about the relevant ones, so focus on gathering data in those areas. Having everything in order before you start working on your tax return will save you a tonne of time later on.
Before you get started on your taxes
• You can save this checklist as a PDF and print it out.
• To keep track of your Tax Preparation checklist, keep it in a file folder or tape it to the outside.
• Put tax records in the folder as you find them, and cross them off the list as you do so.
• The most common items on the list are presented first, so cross them off if they don't apply to you.
• Direct deposit recipients should input their bank's routing number and account number as shown on their deposit confirmation letter.
Get a printout of your financial transactions for the upcoming tax year (say, 2022) if you utilise a software. This will simplify tax time and give you a clear picture of your annual financial standing.
• It's much more convenient to have this data in a report than to go through a year's worth of bank statements and cheque-books.
• As you read through the report, make notes or underline sections that will be helpful when filing your taxes.
Provide Your Pertsonal Details
The Internal Revenue Service wants to know who is filing and who is included in the tax return. You and your family members' birth dates and Social Security numbers will be necessary.
Choose a Tax Professional
If you don't already have a tax preparer, a trusted friend or advisor (such as a lawyer you know) can recommend someone for Tax Preparation. To prepare federal income tax returns, the individual you hire must have a Preparer Tax Identification Number (PTIN).
Find out how much their fees are before you commit. This is dependent on the intricacy of your tax return. If the company you're considering takes a cut of your refund, look elsewhere. Guidelines for selecting a preparer and a link to a searchable directory of preparers (by credentials and location) can be found on the IRS website.
Decide Whether to File for an Extension
If you need extra time to finish your Tax Preparation, you can get an extension to file your tax return until October 15th. To avoid fines and interest, you must still estimate the tax you owe and pay it by the standard April deadline.
Schedule Your Refund Ahead of Time
You can choose from a few different methods if you're due a tax refund.
• To be used in full or in part towards next year's tax bill. The initial instalment of quarterly taxes might be covered by projected payments made throughout the year.
• You can choose to have your refund deposited straight into your bank account, mailed to you as a check, or invested in tax-free savings vehicles.
By filling out Form 8888, you can divide your refund among the available direct deposit options.
Your tax preparer will need to know your intentions so they can make the appropriate notations on your return.
Conclusion
Whether you do your Tax Preparation yourself or hire a professional for IRS penalty relief or getting your records in order ahead of time will save you both time and money. The sooner you get started, the sooner you can leave it behind you for another year, and the easier it should be.
0 notes
reasonsforhope ¡ 9 months ago
Text
Paywall-Free Version
"Massachusetts’ so-called “millionaires tax” appears primed to actually deliver billions.
State officials said Monday that the voter-approved surtax on high earners has generated more than $1.8 billion in revenue this fiscal year... meaning state officials could have hundreds of millions of surplus dollars to spend on transportation and education initiatives.
The estimated haul is already $800 million more than what Governor Maura Healey and state lawmakers planned to spend from its revenue in fiscal year 2024, the first full year of its implementation. Most of the additional money raised beyond the $1 billion already budgeted would flow to a reserve account, from which state policymakers can pluck money for one-time investments into projects or programs.
The Department of Revenue won’t certify the official amount raised until later this year. But the estimates immediately buoyed supporters’ claims that the surtax would deliver much-needed revenue for the state despite fears it could drive out some of the state’s wealthiest residents.
“Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being proven wrong every day,” said Andrew Farnitano, a spokesperson for Raise Up Massachusetts, the union-backed group which pushed the 2022 ballot initiative.
"With this money from the ultra-rich, we can do even more to improve our public schools and colleges, invest in roads, bridges, and public transit, and start building an economy that works for everyone,” Farnitano said.
Voters approved the measure in 2022 to levy an additional 4 percent tax on annual earnings over $1 million. At the time, the Massachusetts Budget and Policy Center, a left-leaning think tank, projected it could generate at least $2 billion a year.
State officials last year put their estimates slightly lower at up to $1.7 billion, and lawmakers embraced calls from economists to cap what it initially spends from the surtax, given it may be too volatile to rely upon in its first year.
So far, it’s vastly exceeded those expectations, generating nearly $1.4 billion alone last quarter [aka January to March, 2024 - just three months!], which coincided with a better-than-expected April for tax collections overall...
State Senator Michael Rodrigues, the state’s budget chief, said on the Senate floor Monday that excess revenue from the tax could ultimately come close to $1 billion for this fiscal year. Under language lawmakers passed last year, 85 percent of any “excess” revenue is transferred to an account reserved for one-time projects or spending, such as road maintenance, school building projects, or major public transportation work.
“We will not have any problems identifying those,” Rodrigues said. “As we all know, [transportation and education] are two areas of immense need.”"
-via Boston Globe, May 20, 2024
2K notes ¡ View notes
maichan808 ¡ 5 days ago
Text
Americans, our democracy is under threat.
Tumblr media
Do you reject fascism and oppose the Trump-Musk coup? Want to do something, but aren’t sure what you can do to make a difference? Keep reading for ways big and small you can fight back:
Attend a Protest New to protesting? Here’s a primer for first-time protesters and a schedule of upcoming national days of action:
Mar 1st and ongoing (Tesla Takedown) Website | Find an event
Mar 4th (50501: 50 protests, 50 states) Website | Find an event
Mar 7th (Stand up for Science) Website | Find an event
Mar 8th (Women’s March) Website | Find an event
Search for future protests at /r/ProtestFinderUSA and join the mailing list of grassroots organizations like Indivisible to be alerted to future actions.
Put Pressure on Congress Want your elected officials to stand up to Trump-Musk and push back against the unconstitutional executive orders, disastrous DOGE cuts, and illegal funding freezes? Already calling your Reps and Senators daily using 5calls.org?
Then it’s time to escalate to in-person action. Visit their websites, join their mailing lists, follow their socials, and call their offices to find out when the next local event will be and make your voice heard. 
Applying pressure to congress works, and we are already seeing the results of constituent push back. House Democrats recently voted as a unified block against the Trump-sponsored billionaire tax cuts, with members breaking maternity leave and leaving the hospital to fly back to Washington just to cast their votes. And on the Republican side, negative town hall blowback has the GOP running scared.
If your congressperson is hiding from you, stage a protest event and put their cowardice on blast. For more information on how to implement these tactics, see the Indivisible congressional recess toolkit.
If your congressperson is already fighting the good fight, then make sure to thank them and provide encouragement to continue opposing the budget cuts. Courage is contagious, and vocal public support will help spur congress to fight that much harder. 
And finally, regardless of where you live, you can sign up to phone bank and reach out to voters in red congressional districts.
Get Out the Vote Did you know there are Special Elections as soon as April 1st that could flip control of the House back to Democrats? We simply cannot wait for the 2026 midterms, we must take action now! You can help get out the vote for Gay Valimont (FL-1), Joshua Weil (FL-6), and Blake Gendebien (NY-21).
In addition, the Muskrat is spending millions to buy the Wisconsin Supreme Court. Phone bank or write letters to keep a MAGA extremist off the high court and protect Wisconsin elections from future gerrymandering.
Fight the Broligarchy If you own TSLA stock, or *gasp* an actual Tesla vehicle, drop it like a scorching case of herpes, then join the picket line at your nearest Tesla showroom. 
On socials, delete your Nazi-infested X and Meta (Facebook, IG, Threads) accounts and join the open source BlueSky. If you must remain on Meta, at minimum change your account settings so Fuckerberg can’t profit from your data. 
Stop using Google search/Chrome and install privacy-focused alternatives like DuckDuckGo or Firefox. As a bonus, in the DuckDuckGo browser you can permanently hide AI garbage from your search results.
Show your monetary support for companies that have renewed their commitment to DEI programs (like Costco and Apple) and boycott those who have not (like Target and Amazon). Also look up how other corporations score on the democracy scale and adjust your spending accordingly.
 And last, but not least, pledge to join the General Strike!
Stay Informed Corporate media has capitulated to Trump. From the cancellation of minority-hosted shows on MSNBC to the Bezos takeover of the Washington Post editorial pages, MSM cannot be relied upon to provide unbiased coverage of the Trump-Musk regime.
Support independent journalists and media and follow AltGov accounts on Bluesky to stay informed as to what is actually going on in Washington.
Get to Know your Community Authoritarians want you to feel helpless and isolated because they know we the people vastly outnumber them. Get to know your neighbors and join a group/team/club - anything that gets you interacting with your local community whether it is political or not. 
Under Trump-Musk, federal programs like SNAP, Medicaid, Medicare, and even Social Security are in danger.  We will need to increasingly rely on our own communities to have our backs. Visit mutualaidhub.org to locate resources and learn how to start your own network.
And finally, remember that resistance is a marathon, not a sprint. So be sure to stop doomscrolling and simply enjoy life as AOC reminds us:
Tumblr media
455 notes ¡ View notes
hyper-pixels ¡ 11 months ago
Text
How to Grow Up
A guide on how to grow up. It was originally posted by @/friendliness but half the links were broken. So I took what links weren't broken and added other links and more things to know.
This is USA based resources
Personal
Reasons to Stay Alive – A Tumblr post of 116 reasons to stay alive by @/friendliness.
How to Get Better At Asking for Help – Website is Harvard Business Review. The article is “5 Ways to Get Better At Asking for Help” by Wayne Baker.
What to do if you Can’t Afford Therapy – Website is Psych Central and the article is by Steven Rowe.
How to Quit Smoking – “The 22 Best Ways to Quit Smoking” by Debra L. Gordon and David L. Katz M.D. from the Healthy Digest.
How to Legally Change your Name – Website is Forbes.
Wanna Learn Something New? – A Tumblr post made by @/hamletthedane with various new things to try from language learning to ballet.
Free Harvard Courses – Harvard University’s free online courses.
Getting a New Computer? – A quick and dirty comprehensive guide by WIRED on what to look for.
How to Sew – Website is Autodesk Indestructibles. The article is “How to Sew” by Jessyratfink. Having a small sewing kit (that you can pick up from nearly any craft store) is super handy and has saved my life and clothes.
What to Look For in Clothes A YouTube video by Alyssa Beltempo titled “How to Identify High Quality vs. Poor Quality Clothing | Slow Fashion”. Here’s a WikiHow [x] if a YouTube video isn’t your style.
Dealing with Executive Dysfunction – A Tumblr post made by @/compassionatereminders. It's a list to more links on how to deal with executive dysfunction.
Another List Like this One – A Tumblr post made by a now deactivated account. It's a list much like this one.
Home
What’s a mortgage? – Website is realtor.com and the page is called “What is a Mortgage? Home Loan Basics Explained” by Cathie Ericson.
First Apartment Checklist – A checklist PDF. Here’s another link to a Tumblr checklist [x] 
What to Ask Landlords Before Renting? – “25 Questions To Ask a Landlord When Renting a Home” by Morgen Henderson.
What’s Renter’s Insurance? – Website is Forbes Advisor. The article is by Jason Metz and titled “How to Get Renters Insurance”.
Plant Care – A master list of how to care for plants made by @/difficults
Job
Time Management – Website is Entrepenuer and has 10 time management tips. One I personally recommend is keeping a physical calendar book on hand. I keep mine in my bag with a designated pen.
Finding the right job – Website is The Muse and it has 13 free career assessment tests.
Make a resume – Website is Resume Now. Many hirers look at your name, the middle of the page (where your experience list is) and skim the rest.
Job Interview Tips – Website is Linkedin. The article is titled “10 Job Interview Tips to Land The Career of Your Dreams” by Caren Merrick.
How to Write a Cover Letter – Website is The Writing Center. University of Winsconsin, Madison. It’s titled “Writing Cover Letters” and I can’t find the author.
Money
Couponing! – Website is Coupon Database :: Southern Savers. It has a list of mobile apps for coupons to places.
Call 211 for Help – the website leads to 211.org. It's anonymous and can help you get connected to food programs, paying bills and things like doctor appointments. Here’s a Tumblr post about it [x] by @/poessionisamyth
Groceries! – This is a Tumblr meme post, but scrolling through tags/reblogs/replies and there’s plenty of good tips. The post is by @/charlotten
What To Do if You Can’t Pay Your Bills – Website is Nolo. The article is “When You Can’t Pay Your Bills: Thiings To Know” that was updated by Amy Loftsgordon. 
Are You Paying Too Much for Your Phone Bill? – An article by Beht Beverman titled “How Much is Too Much to Pay for a Cell Phone Bill?”.
54 Ways to Save Money – Website is America Saves.
How to Do Taxes – Website is Wiki-How.
The 70/20/10 Method – Website is Business Insider. The Article is “A Beginners Guide to the 70-20–10 Budgeting Method” by Paul Kim.
Side Hustle Ideas – Website is Forbes. “30 Side Hustle Ideas To Make Extra Money In 2024” by Krista Fabregas.
Emergency
Your Rights When a Cop Pulls you Over – Website is Business Insider. Cops are allowed to lie to you, and they will, so be careful.
Hotline List – The website is DoSomething.org. Depression/Suicide, domestic abuse, child abuse and runaway/homeless/and at-risk youth hotlines.
What to Keep in Your Car – Website is MentalFloss. I live in a snowy area that gets blizzards and bad ice. I keep blankets, water and other aids in my car as well as a knife and road flare. I also own a self jumping car battery and it has saved my ass more than once. Heimlich Maneuver – A one minute video by the Mayo Clinic.
The Heimlich Maneuver on Yourself – A one minute video by The List Show TV.
What to Keep in Your Wallet – Website is PureWow. The article is by Rachel Bowie. Keep your drivers license, medical insurance card, and an emergency contact in your card. If you have a pet home alone make sure that you have a card detailing this. Free printable one here [x]
Traveling
Packing List – Website is Smarter Travel.
Traveling with Little to No Money – Website is Nomadic Matt.
How to Pack a Suitcase – Website is Real Simple. The article is by Thersa O’Rourke.
How to Apply for a Passport – Website is WikkiHow.
Making a Travel Budget – Website is Travel Made Simple. “How to Make a Travel Budget” by Ali Garland
864 notes ¡ View notes
robertreich ¡ 9 months ago
Video
youtube
The Truth About Trumponomics
Trump and Republicans want to wreck your bank account. Here are 5 things you need to know about Trumponomics.
1.Trump wants tax cuts for the rich, at your expense.
Trump’s tax cuts for the rich and big corporations added about $1.7 trillion to the national debt, with few benefits trickling down to the middle class — in fact, it raised taxes for more than 10 million American families.
Now Trump and Republicans want to make the tax cuts for the rich permanent, blowing up the debt even further. And then they’ll use that debt to justify this:
2. Trump would cut Social Security and Medicare — programs you’ve been paying into!
In every year of his presidency, Trump submitted a budget that tried to cut Social Security and Medicare. And he knows that’s the only way he can even begin to pay for extending his tax cuts for the rich.
3. Trump and his allies are pro-junk fee.
When the Biden administration issued a rule capping credit card late fees at $8, Sen. Tim Scott, a Trump surrogate, tried to overturn it in the Senate. And then a Trump-appointed judge issued a temporary injunction that blocked the rule from taking effect. Eliminating that rule would cost American families an estimated $10 billion a year.
And when the Biden administration required airlines to issue automatic refunds for canceled flights, Trump’s allies in Congress fought to block that too.
When Trump was in office, his administration fought against efforts to rein in airline junk fees.
Corporations nickel and diming us like this makes inflation worse. If Trump gets back in the White House, buckle up for more junk fees.
4. Trump would send health care costs soaring.
Republicans have committed to repealing the Inflation Reduction Act, which would strip Medicare of the ability to negotiate drug prices, and let Big Pharma send the price of insulin and other life-saving medicines back through the roof.
And Trump is still fixated on repealing Obamacare, with no plan to replace it.
TRUMP: Obamacare is a disaster. We’re gonna do something about it.
That would strip coverage from tens of millions of Americans, drive up premiums, and let insurers charge more or deny coverage to people with preexisting conditions.
5, If you’ve got student debt, you’re out of luck with Trump.
In contrast to President Biden, who’s canceled more than $160 billion of student debt so far, Trump is against student debt relief. In his first term, he tried to eliminate the popular Public Service Loan Forgiveness program for people like teachers and nurses, and he’s called the idea of debt relief “unfair.”
What’s unfair, is how student debt hurts not just the roughly 40 million Americans burdened by it, but the entire economy, since Americans with debt have less money to spend, are less likely to start a business, less likely to buy a home, and more likely to rely on government assistance.
The MAGA agenda would make nearly every aspect of your life more expensive, while making the richest Americans even richer.
Teddy Roosevelt’s economic plan was called the Square Deal. Franklin Roosevelt’s was the New Deal.
What Trump is offering is simply a Raw Deal.
709 notes ¡ View notes
yourreddancer ¡ 4 months ago
Text
Heather Cox Richardson 11.15.24
One of President-elect Trump’s campaign pledges was to eliminate the Department of Education. He claimed that the department pushes “woke” ideology on America’s schoolchildren and that its employees “hate our children.” He promised to “return” education to the states. 
In fact, the Department of Education does not set curriculum; states and local governments do. The Department of Education collects statistics about schools to monitor student performance and promote practices based in evidence. It provides about 10% of funding for K–12 schools through federal grants of about $19.1 billion to high-poverty schools and of $15.5 billion to help cover the cost of educating students with disabilities.
It also oversees the $1.6 trillion federal student loan program, including setting the rules under which colleges and universities can participate. But what really upsets the radical right is that the Department of Education is in charge of prohibiting discrimination on the basis of race and sex in schools that get federal funding, a policy Congress set in 1975 with an act now known as the Individuals with Disabilities Education Act (IDEA). This was before Congress created the department.
The Department of Education became a stand-alone department in May 1980 under Democratic president Jimmy Carter, when Congress split the Department of Health, Education, and Welfare into two departments: the Department of Health and Human Services and the Department of Education. 
A Republican-dominated Congress established the Department of Health, Education, and Welfare in 1953 under Republican president Dwight D. Eisenhower as part of a broad attempt to improve the nation’s schools and Americans’ well-being in the flourishing post–World War II economy. When the Soviet Union beat the United States into space by sending up the first  Sputnik satellite in 1957, lawmakers concerned that American children were falling behind put more money and effort into educating the country’s youth, especially in math and science. 
But support for federal oversight of education took a devastating hit after the Supreme Court, headed by Eisenhower appointee Chief Justice Earl Warren, declared racially segregated schools unconstitutional in the May 1954 Brown v. Board of Education decision. 
Immediately, white southern lawmakers launched a campaign of what they called “massive resistance” to integration. Some Virginia counties closed their public schools. Other school districts took funds from integrated public schools and used a grant system to redistribute those funds to segregated private schools. Then, Supreme Court decisions in 1962 and 1963 that declared prayer in schools unconstitutional cemented the decision of white evangelicals to leave the public schools, convinced that public schools were leading their children to perdition.
In 1980, Republican Ronald Reagan ran on a promise to eliminate the new Department of Education.
After Reagan’s election, his secretary of education commissioned a study of the nation’s public schools, starting with the conviction that there was a “widespread public perception that something is seriously remiss in our educational system.” The resulting report, titled “A Nation at Risk,” announced that “the educational foundations of our society are presently being eroded by a rising tide of mediocrity that threatens our very future as a Nation and a people.”
Although a later study commissioned in 1990 by the Secretary of Energy found the data in the original report did not support the report’s conclusions, Reagan nonetheless used the report in his day to justify school privatization. He vowed after the report’s release that he would “continue to work in the months ahead for passage of tuition tax credits, vouchers, educational savings accounts, voluntary school prayer, and abolishing the Department of Education. Our agenda is to restore quality to education by increasing competition and by strengthening parental choice and local control.”
The rise of white evangelism and its marriage to Republican politics fed the right-wing conviction that public education no longer served “family values” and that parents had been cut out of their children’s education. Christians began to educate their children at home, believing that public schools were indoctrinating their children with secular values. 
When he took office in 2017, Trump rewarded those evangelicals who had supported his candidacy by putting right-wing evangelical activist Betsy DeVos in charge of the Education Department. She called for eliminating the department—until she used its funding power to try to keep schools open during the covid pandemic—and asked for massive cuts in education spending.
Rather than funding public schools, DeVos called instead for tax money to be spent on education vouchers, which distribute tax money to parents to spend for education as they see fit. This system starves the public schools and subsidizes wealthy families whose children are already in private schools. DeVos also rolled back civil rights protections for students of color and LGBTQ+ students but increased protections for students accused of sexual assault. 
In 2019, the 1619 Project, published by the New York Times Magazine on the 400th anniversary of the arrival of enslaved Africans at Jamestown in Virginia Colony, argued that the true history of the United States began in 1619, establishing the roots of the country in the enslavement of Black Americans. That, combined with the Black Lives Matter protests in 2020, prompted Trump to commission the 1776 Project, which rooted the country in its original patriotic ideals and insisted that any moments in which it had fallen away from those ideals were quickly corrected. He also moved to ban diversity training in federal agencies. 
When Trump lost the 2020 election, his loyalists turned to undermining the public schools to destroy what they considered an illegitimate focus on race and gender that was corrupting children. In January 2021, Republican activists formed Moms for Liberty, which called itself a parental rights organization and began to demand the banning of LGBTQ+ books from school libraries. Right-wing activist Christopher Rufo engineered a national panic over the false idea that public school educators were teaching their students critical race theory, a theory taught as an elective in law school to explain why desegregation laws had not ended racial discrimination. 
After January 2021, 44 legislatures began to consider laws to ban the teaching of critical race theory or to limit how teachers could talk about racism and sexism, saying that existing curricula caused white children to feel guilty.
When the Biden administration expanded the protections enforced by the Department of Education to include LGBTQ+ students, Trump turned to focusing on the idea that transgender students were playing high-school sports despite the restrictions on that practice in the interest of “ensuring fairness in competition or preventing sports-related injury.” 
During the 2024 political campaign, Trump brought the longstanding theme of public schools as dangerous sites of indoctrination to a ridiculous conclusion, repeatedly insisting that public schools were performing gender-transition surgery on students. But that cartoonish exaggeration spoke to voters who had come to see the equal rights protected by the Department of Education as an assault on their own identity. That position leads directly to the idea of eliminating the Department of Education.
But that might not work out as right-wing Americans imagine. As Morning Joe economic analyst Steven Rattner notes, for all that Republicans embrace the attacks on public education, Republican-dominated states receive significantly more federal money for education than Democratic-dominated states do, although the Democratic states contribute significantly more tax dollars. 
There is a bigger game afoot, though, than the current attack on the Department of Education. As Thomas Jefferson recognized, education is fundamental to democracy, because only educated people can accurately evaluate the governmental policies that will truly benefit them.
In 1786, Jefferson wrote to a colleague about public education: “No other sure foundation can be devised for the preservation of freedom, and happiness…. Preach, my dear Sir, a crusade against ignorance; establish and improve the law for educating the common people. Let our countrymen know that the people alone can protect us against [the evils of “kings, nobles and priests”], and that the tax which will be paid for this purpose is not more than the thousandth part of what will be paid to kings, priests and nobles who will rise up among us if we leave the people in ignorance.”
100 notes ¡ View notes
reality-detective ¡ 3 months ago
Text
Tumblr media
More Stuff We Already Know... Have patience because EVERYTHING has to be done by the rule of law. It's going by the Book. Justice is Coming...
Bombshell Report: The House COVID Committee Exposes a Pandemic of Lies and Incompetence
Buckle up, America. The House COVID Committee has released its final report after two years of investigation, and it’s a devastating indictment of the pandemic response. From taxpayer-funded lab experiments to unconstitutional lockdowns, catastrophic mismanagement, and outright fraud, this report exposes the truth they didn’t want you to see.
Your Tax Dollars Funded Wuhan’s Gain-of-Function Research
The NIH, under Dr. Anthony Fauci, funded dangerous gain-of-function experiments at the Wuhan Institute of Virology. This wasn’t a conspiracy theory—it’s fact. U.S. taxpayer money helped supercharge viruses through shady grants funneled to Wuhan by EcoHealth Alliance, led by Dr. Peter Daszak.
The report makes it clear: this negligence cannot go unpunished. The Committee calls for permanent bans on EcoHealth Alliance and Daszak from receiving taxpayer funds. Heads must roll.
Constitution Shredded: Lockdowns and Mandates Crossed the Line
During the pandemic, governors and bureaucrats used fear to impose unconstitutional lockdowns and mandates. Americans were stripped of their freedoms, churches were closed, and livelihoods destroyed—all in the name of “safety.”
The report is blunt: this was an authoritarian power grab. The Constitution doesn’t vanish in a crisis. These actions were a betrayal of American values, and we must ensure it never happens again.
COVID’s Origin: Lab Leak No Longer a Theory
After years of lies and suppression, the report confirms what many suspected: COVID-19 likely leaked from the Wuhan lab. The media, Big Tech, and public health officials worked together to smear anyone who questioned the narrative. The truth is out, and it demands justice.
Lockdowns: A Catastrophic Failure
The report eviscerates the decision to impose lockdowns, calling them a disaster. Small businesses were destroyed, mental health crises exploded, and children’s education suffered irreparable damage. The cure was worse than the disease. Never again should such draconian measures be used.
Fraud and Abuse: COVID Relief Stolen
Billions intended for struggling Americans were siphoned off by criminals. The report exposes widespread fraud in relief programs, from unemployment scams to fraudulent business loans. Where’s the accountability? The American people demand justice.
Final Judgment: Never Again
The report sends a clear message: this was a pandemic of lies, incompetence, and corruption. The American people suffered while bureaucrats and grifters thrived. The fight for accountability starts now.
Will you join the battle to ensure this never happens again? 🤔
141 notes ¡ View notes
dostoyevsky-official ¡ 15 days ago
Text
Musk’s DOGE seeks access to personal taxpayer data, raising alarm at IRS
Elon Musk’s U.S. DOGE Service is seeking access to a heavily-guarded Internal Revenue Service system that includes detailed financial information about every taxpayer, business and nonprofit in the country, according to two people familiar with the activities, sparking alarm within the tax agency. Under pressure from the White House, the IRS is considering a memorandum of understanding that would give DOGE officials broad access to tax-agency systems, property and datasets. Among them is the Integrated Data Retrieval System, or IDRS, which enables tax agency employees to access IRS accounts — including personal identification numbers — and bank information. It also lets them enter and adjust transaction data and automatically generate notices, collection documents and other records. IDRS access is extremely limited — taxpayers who have had their information wrongfully disclosed or even inspected are entitled by law to monetary damages — and the request for DOGE access has raised deep concern within the IRS, according to three people familiar with internal agency deliberations who, like others in this report, spoke on the condition of anonymity to discuss private conversations. [...] It’s highly unusual to grant political appointees access to personal taxpayer data, or even programs adjacent to that data, experts say. IRS commissioners traditionally do not have IDRS access. The same goes for the national taxpayer advocate, the agency’s internal consumer watchdog, according to Nina Olson, who served in the role from 2001 to 2019. “The information that the IRS has is incredibly personal. Someone with access to it could use it and make it public in a way, or do something with it, or share it with someone else who shares it with someone else, and your rights get violated,” Olson said. A Trump administration official said DOGE personnel needed IDRS access because DOGE staff are working to “eliminate waste, fraud, and abuse, and improve government performance to better serve the people.” [...] Gavin Kliger, a DOGE software engineer, arrived unannounced at IRS headquarters on Thursday and was named senior adviser to the acting commissioner. IRS officials were told to treat Kliger and other DOGE officials as contractors, two people familiar said.
the holocaust denying 25-year-old neonazi now has access to your bank information
71 notes ¡ View notes
batboyblog ¡ 9 months ago
Text
Things Biden and the Democrats did, this week #20
May 24-31 2024
The EPA awards $900 million to school districts across the country to replace diesel fueled school buses with cleaner alternatives. The money will go to 530 school districts across nearly every state, DC, tribal community, and US territory. The funds will help replace 3,400 buses with cleaner alternatives, 92% of the new buses will be 100% green electric. This adds to the $3 billion the Biden administration has already spent to replace 8,500 school buses across 1,000 school districts in the last 2 years.
For the first time the federal government released guidelines for Voluntary Carbon Markets. Voluntary Carbon Markets are a system by which companies off set their carbon emissions by funding project to fight climate change like investing in wind or solar power. Critics have changed that companies are using them just for PR and their funding often goes to projects that would happen any ways thus not offsetting emissions. The new guidelines seek to insure integrity in the Carbon Markets and make sure they make a meaningful impact. It also pushes companies to address emissions first and use offsets only as a last resort.
The IRS announced it'll take its direct file program nationwide in 2025. In 2024 140,000 tax payers in 12 states used the direct file pilot program and the IRS now plans to bring it to all Americans next tax season. Right now the program is only for simple W-2 returns with no side income but the IRS has plans to expand it to more complex filings in the future. This is one of the many projects at the IRS being funded through President Biden's Inflation Reduction Act.
The White House announced steps to boost nuclear energy in America. Nuclear power in the single largest green energy source in the country accounting for 19% of America's total energy. Boosting Nuclear energy is a key part of the Biden administration's strategy to reach a carbon free electricity sector by 2035. The administration has invested in bring the Palisades nuclear plant in Michigan back on-line, and extending the life of Diablo Canyon in California. In addition the Military will be deploying new small modular nuclear reactors and microreactors to power its installations. The Administration is setting up a task force to help combat the delays and cost overruns that have often derailed new nuclear projects and the Administration is supporting two Gen III+ SMR demonstration projects to highlight the safety and efficiency of the next generation of nuclear power.
The Department of Agriculture announced $824 million in new funding to protect livestock health and combat H5N1. The funding will go toward early detection, vaccine research, and supporting farmers impacted. The USDA is also launching a nation wide Dairy Herd Status Pilot Program, hopefully this program will give us a live look at the health of America's dairy herd and help with early detection. The Biden Administration has reacted quickly and proactively to the early cases of H5N1 to make sure it doesn't spread to the human population and become another pandemic situation.
The White House announced a partnership with 21 states to help supercharge America's aging energy grid. Years of little to no investment in America's Infrastructure has left our energy grid lagging behind the 21st century tech. This partnership aims to squeeze all the energy we can out of our current system while we rush to update and modernize. Last month the administration announced a plan to lay 100,000 miles of new transmission lines over the next five years. The 21 states all with Democratic governors are Arizona, California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Washington, and Wisconsin.
The Department of Transportation announced $343 million to update 8 of America's oldest and busiest transportation stations for disability accessibility. These include the MBTA's the Green Line's light-rail B and C branches in Boston,  Cleveland's Blue Line, New Orleans'  St. Charles Streetcar route, and projects in San Francisco and New York City and other locations
The Department of interior announced two projects for water in Western states. $179 million for drought resilience projects in California and Utah and $242 million for expanding water access in California, Colorado and Washington. The projects should help support drinking water for 6.4 million people every year.
HUD announced $150 million for affordable housing for tribal communities. This adds to the over $1 billion dollars for tribal housing announced earlier in the month. Neil Whitegull of the Ho-Chunk Nation said at the announcement "I know a lot of times as Native Americans we've been here and we've seen people that have said, ‘Oh yeah, we'd like to help Indians.’ And they take a picture and they go away. We never see it, But there's been a commitment here, with the increase in funding, grants, and this administration that is bringing their folks out. And there's a real commitment, I think, to Native American tribes that we've never seen before."
Secretary of State Antony Blinken pledged $135 million to help Moldavia. Since the outbreak of Russia's war against neighboring Ukraine the US has given $774 million in aid to tiny Moldavia. Moldavia has long been dependent on Russian energy but thanks to US investment in the countries energy security Moldavia is breaking away from Russia and moving forward with EU membership.
The US and Guatemala launched the "Youth With Purpose” initiative. The initiative will be run through the Central America Service Corps, launched in 2022 by Vice President Harris the CASC is part of the Biden Administration's efforts to improve life in Central America. The Youth With Purpose program will train 25,000 young Guatemalans and connect with with service projects throughout the country.
Bonus: Today, May 31st 2024, is the last day of the Affordable Connectivity Program. The program helped 23 million Americans connect to the internet while saving them $30 to $75 dollars every month. Despite repeated calls from President Biden Republicans in Congress have refused to act to renew the program. The White House has worked with private companies to get them to agree to extend the savings to the end of 2024. The Biden Administration has invested $90 Billion high-speed internet investments. Such as $42.45 billion for Broadband Equity, Access, and Deployment, $1 billion for the The Middle Mile program laying 12,000 miles of regional fiber networks, and distributed nearly 30,000 connected devices to students and communities, including more than 3,600 through the Tribal Broadband Connectivity Program
1K notes ¡ View notes