#tax planning software
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alwajeeztech · 4 months ago
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Business Zakat Calculation in ALZERP Cloud ERP Software
Benefits of Using ALZERP for Zakat Calculation
ZATCA Compliant Software: ALZERP is designed to meet all ZATCA requirements, ensuring that Zakat calculations are accurate and compliant with Saudi tax regulations.
Efficient VAT Management: In addition to Zakat, ALZERP manages VAT reporting and compliance, providing an all-in-one solution for tax management.
Zakat Calculation Software: The built-in Zakat calculator simplifies the complex process of determining Zakat obligations, reducing errors and ensuring timely submissions.
Automated Tax Compliance: The software automates the tax compliance process, from calculation to submission, minimizing manual intervention and the risk of errors.
Zakat and Tax Automation: ALZERP integrates Zakat and tax processes, automating calculations, reporting, and compliance tasks.
Real-Time VAT Reporting KSA: The system offers real-time reporting, allowing businesses to stay up-to-date with their tax liabilities.
Saudi Tax Compliance Software: Tailored specifically for the Saudi market, ALZERP ensures businesses meet all local tax and Zakat obligations.
Tax Optimization Tool: By providing insights into Zakat and tax liabilities, ALZERP helps businesses optimize their financial strategies.
VAT Fraud Detection: The system includes features to detect and prevent VAT fraud, ensuring the integrity of financial transactions.
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dragonsong17 · 2 years ago
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Woke up to an email that my Etsy shop was suspended because of incorrect tax information (which was a super confusing part of the signup process, so no surprise there really) but I get an error every time I try to fix it. Support tells me this is a known problem and they don't know when it will be working again sooooo ...it's been a fun morning 🙃
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triridbilling · 12 days ago
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TRIRID Biz Accounting Software Ease Business Taxes
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Business tax management often proves to be a hassle, especially intricate processes like tax returns, financial reporting, and bookkeeping. However, it is easier to manage these operations when you have the TRIRID Biz Accounting Software in place, where you can streamline your operations and give more time for the development of your business.
Why choose TRIRID Biz?
Effortless Tax Return - Prepare and file tax return easily, which ensures accuracy as well as compliance.
Smart Tax Planning: Make optimum savings through in-built planning tools.
Seamless Bookkeeping: Automate bookkeeping with minimal human intervention and errors.
Comprehensive Financial Reports: With a few clicks, understand your business and its operations through detailed reports.
Benefits of TRIRID Biz:
Easy User Interface: Easy to use for accountants and non-accountants.
Cloud Secure Access: Cloud-based storage will allow access to taxes any time and from anywhere securely.
Customizable Features: Tailor the software to your unique business needs.
Real-Time Insights: Get instant updates on your financial data to make informed decisions.
Who can benefit?
Small and medium-sized businesses seeking a way to reduce their time on tax preparation
Accountants who want efficient management of clients
Entrepreneurs looking to stay organized and in compliance with the regulations regarding taxes.
Join the other businesses worldwide and experience simpler tax preparations with TRIRID Biz Accounting Software today. Your smarter tax processing and bookkeeping in a singular place-just log onto TRIRID Biz.
Call @ +91 8980010210 / +91 9023134246
Visit @ https://tririd.com/tririd-biz-gst-billing-accounting-software
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nexgentaxes · 2 months ago
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saicpaservices · 2 months ago
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Streamline Your Payroll Process with SAI CPA Services
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Managing payroll can be time-consuming and complex, but it’s essential for maintaining employee satisfaction and regulatory compliance. At SAI CPA Services, we offer payroll services that simplify the process, ensuring accuracy and timeliness every time.
Why Efficient Payroll Management Matters
Payroll errors can lead to disgruntled employees and potential legal complications. Here’s how SAI CPA Services can streamline your payroll process:
Accurate Payroll Processing: We handle every aspect of payroll, ensuring your employees are paid accurately and on time. From calculating wages and taxes to managing deductions, we take care of it all.
Tax Compliance: Payroll tax laws can be complicated, but our services ensure compliance with all federal, state, and local tax regulations. We file payroll taxes on time, avoiding penalties and interest.
Custom Reporting: Our detailed payroll reports give you insights into labor costs, taxes, and employee benefits, helping you manage your business more effectively.
How SAI CPA Services Can Help
At SAI CPA Services, we take the stress out of payroll management, allowing you to focus on running your business while we handle the details. Trust us to deliver accurate and compliant payroll services.
Connect Us:  https://www.saicpaservices.com https://www.facebook.com/AjayKCPA https://www.instagram.com/sai_cpa_services/ https://twitter.com/SaiCPA https://www.linkedin.com/in/saicpaservices/ https://whatsapp.com/channel/0029Va9qWRI60eBg1dRfEa1I
908-380-6876
1 Auer Ct, 2nd Floor
East Brunswick, NJ 08816
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vantagefinancialwi · 3 months ago
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Discover the benefits of working with a fee-based financial advisor and how this model can offer you transparent and unbiased financial advice. Vantage Financial Partners explains the structure behind fee-based services, helping you understand how advisors are compensated and why it aligns with your best interests for long-term financial planning.
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minnaah · 3 months ago
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The Role of Accounting Firms in Abu Dhabi in Supporting Startups and SMEs
Abu Dhabi, the capital of the UAE, has become a vibrant hub for startups and small to medium-sized enterprises (SMEs). With its strategic location, supportive government policies, and growing investment landscape, the city offers numerous opportunities for new businesses. However, navigating the complexities of finance, compliance, and taxation can be daunting for entrepreneurs. This is where Accounting firms in Abu Dhabi play a crucial role. Let’s explore how these firms support startups and SMEs in their journey to success.
1. Providing Financial Guidance
One of the primary roles of accounting firms is to provide financial guidance to startups and SMEs. These firms help entrepreneurs understand their financial health by offering insights into cash flow management, budgeting, and financial forecasting. With accurate financial data, businesses can make informed decisions and plan for future growth.
2. Tax Compliance and Planning
Navigating tax regulations in the UAE can be complex, especially for new businesses. Accounting firms in Abu Dhabi assist startups and SMEs with tax compliance, ensuring they meet all local regulations. They also provide strategic tax planning advice, helping businesses minimize their tax liabilities while remaining compliant with the law. This is particularly important with the introduction of VAT and other tax measures in the UAE.
3. Bookkeeping Services
Maintaining accurate financial records is vital for any business, but startups and SMEs often lack the resources to manage this effectively. Accounting firms offer comprehensive bookkeeping services, which allow business owners to focus on their core operations. Regular bookkeeping helps in tracking expenses, managing invoices, and preparing for audits.
4. Assisting with Business Setup
For startups, the process of setting up a business can be overwhelming. Accounting firms provide valuable assistance in this area, guiding entrepreneurs through the legal and financial requirements of establishing a company in Abu Dhabi. This includes obtaining the necessary licenses, understanding local regulations, and setting up accounting systems.
5. Financial Audits and Reviews
Regular financial audits are essential for businesses seeking investment or loans. Accounting firms conduct audits to ensure the financial statements are accurate and comply with regulations. For startups looking to attract investors, a clean audit can significantly enhance credibility and increase the chances of securing funding.
6. Advisory Services for Growth
As startups and SMEs grow, they face new challenges and opportunities. Accounting firms in Abu Dhabi provide advisory services that help businesses strategize for growth. This includes mergers and acquisitions, market entry strategies, and financial restructuring. Their expertise can be invaluable in navigating these complex decisions.
7. Facilitating Access to Funding
Access to capital is often a challenge for startups and SMEs. Accounting firms can assist in preparing financial projections and business plans that are crucial for securing funding from banks, venture capitalists, or angel investors. Their expertise in financial modeling can make a significant difference in how potential investors perceive a business.
8. Supporting Technology Integration
The rise of financial technology (fintech) has transformed the accounting landscape. Accounting firms in Abu Dhabi are increasingly incorporating technology into their services, helping startups and SMEs implement accounting software and automated solutions. This not only improves efficiency but also enhances the accuracy of financial reporting.
9. Networking and Connections
Many accounting firms have extensive networks that can benefit startups and SMEs. They can connect businesses with other professionals, potential clients, and investors, fostering valuable relationships that can drive growth. These connections are particularly beneficial in a city like Abu Dhabi, where networking can lead to new opportunities.
Conclusion
In a rapidly evolving business environment, the support of accounting firms in Abu Dhabi is invaluable for startups and SMEs. From financial guidance and tax compliance to business setup and growth strategies, these firms play a multifaceted role in helping businesses thrive. By leveraging their expertise, entrepreneurs can focus on what they do best — innovating and growing their businesses — while leaving the complexities of finance and compliance to the professionals. As Abu Dhabi continues to grow as a business hub, the partnership between startups, SMEs, and accounting firms will be essential for sustainable success.
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samuilawfirm · 4 months ago
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Thailand Expands Visa-Free Access to 93 Countries
Thailand has expanded its visa-free entry program, now allowing travelers from 93 countries and territories to visit for up to 60 days without needing a visa. This update, which started on Monday, increases the number of countries eligible for visa-free travel from 57. Tourism is crucial to Thailand’s economy, which is still bouncing back from the pandemic. In the first half of 2024, the country…
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reitmonero · 4 months ago
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Tax Planning for Businesses with Multiple Locations: A Personal Perspective
Navigating the complex world of tax planning can be particularly challenging for businesses with multiple locations. As someone who’s seen firsthand how tricky it can be to juggle tax regulations across different jurisdictions, I want to share some insights and strategies that could help streamline the process.
Understanding the Landscape
Having multiple locations means dealing with a patchwork of state and local tax laws. Each jurisdiction can have its own rules on income taxes, sales taxes, and property taxes. This complexity necessitates a proactive approach to tax planning.
1. Centralized Tax Management
One of the most effective strategies is to centralize your tax management. By consolidating your tax data and working with a dedicated tax team or advisor, you can ensure a more coordinated approach. This helps in maintaining consistency in tax filings and reduces the risk of missing out on important deductions or credits.
2. Leverage Technology
Investing in tax management software can make a world of difference. These tools can help track transactions across locations, manage different tax rates, and automate compliance tasks. It’s worth considering software solutions that offer multi-state or multi-jurisdictional capabilities.
3. Stay Informed on Local Tax Laws
Tax laws are constantly evolving, especially at the state and local levels. Staying informed about changes in tax regulations across different locations is crucial. Regularly review updates from local tax authorities and consult with your tax advisor to ensure compliance.
4. Explore Tax Incentives and Credits
Different jurisdictions offer various incentives and credits to businesses. For example, some states provide tax breaks for job creation or investments in certain industries. Research the incentives available in each location where you operate and take advantage of these opportunities to reduce your overall tax burden.
5. Understand Nexus Rules
Nexus determines where your business has a tax obligation. Each state or locality has its own criteria for establishing nexus, such as physical presence, economic activity, or sales thresholds. Understanding these rules helps in properly allocating income and ensuring compliance with tax obligations.
6. Plan for Property Taxes
Property taxes can be a significant expense for businesses with multiple locations. Ensure that you’re accurately assessing the value of your properties and taking advantage of any available exemptions or deductions. Regularly review your property tax assessments to avoid overpaying.
7. Keep Detailed Records
Detailed and accurate record-keeping is vital for businesses with multiple locations. Maintain comprehensive records of transactions, payroll, and other financial activities. This will not only help in accurate tax reporting but also serve as a safeguard in case of audits.
8. Consult with Experts
Given the intricacies involved, consulting with tax professionals who specialize in multi-location businesses can be incredibly beneficial. They can provide tailored advice based on your specific circumstances and help you navigate the complexities of multi-jurisdictional tax planning.
9. Regularly Review and Adjust
Tax planning is not a one-time task but an ongoing process. Regularly review your tax strategies and make adjustments as needed based on changes in your business operations or tax laws. This proactive approach can help you stay ahead of potential issues and optimize your tax position.
Conclusion
Tax planning for businesses with multiple locations can be daunting, but with a strategic approach, it’s manageable. Centralizing your tax management, leveraging technology, staying informed on local laws, and consulting with experts are key steps to navigating this complex landscape. By staying proactive and thorough, you can ensure that your business remains compliant and optimally positioned for tax efficiency.
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vider1 · 5 months ago
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amitaxvisa · 9 months ago
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Digital Nomad Guide To Living In Koh Samui: Visa Assistance, Bookkeeping, And More
Koh Samui, with its stunning beaches, vibrant culture, and thriving expat community, has emerged as a hotspot for digital nomads seeking a perfect blend of work and leisure. As a digital nomad, navigating the legalities and administrative tasks of living and working in Thailand can be daunting. That’s where AMI Tax & Visa Solution comes in, providing comprehensive services tailored to the needs…
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alwajeeztech · 4 months ago
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ZATCA VAT & Tax Return System in ALZERP Cloud ERP Software
The ALZERP Cloud ERP Software offers a comprehensive tax return system designed to facilitate the calculation, moderation, and finalization of VAT and tax returns. This system ensures businesses comply with the Saudi Arabian tax regulations set by the Zakat, Tax, and Customs Authority (ZATCA). By automating and streamlining the tax return process, ALZERP helps businesses achieve accuracy and…
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xplorediiiiiiiiiiiiiiiiii · 9 months ago
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Starting a new business venture is an exhilarating journey, but it’s crucial to lay a strong financial foundation from the outset. This begins with understanding the fundamentals of startup accounting.
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fundtecservicesllp · 1 year ago
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Outsourced bookkeeping services have emerged as a powerful tool for streamlining CPA practices, enabling professionals to focus on what truly matters: delivering exceptional financial advisory and consulting services. As the accounting landscape continues to evolve, embracing the advantages of outsourced bookkeeping can position CPA firms at the forefront of success.
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taxspanner6 · 2 years ago
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Optimize tax returns and ensure compliance with TaxSpanner’s Tax Optimizer. We have expert tax advisers to help with your tax returns as well as business accounting and taxation and corporate accounting services.
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mostlysignssomeportents · 2 months ago
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Lina Khan’s future is the future of the Democratic Party — and America
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On OCTOBER 23 at 7PM, I'll be in DECATUR, presenting my novel THE BEZZLE at EAGLE EYE BOOKS.
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On the one hand, the anti-monopoly movement has a future no matter who wins the 2024 election – that's true even if Kamala Harris wins but heeds the calls from billionaire donors to fire Lina Khan and her fellow trustbusters.
In part, that's because US antitrust laws have broad "private rights of action" that allow individuals and companies to sue one another for monopolistic conduct, even if top government officials are turning a blind eye. It's true that from the Reagan era to the Biden era, these private suits were few and far between, and the cases that were brought often died in a federal courtroom. But the past four years has seen a resurgence of antitrust rage that runs from left to right, and from individuals to the C-suites of big companies, driving a wave of private cases that are prevailing in the courts, upending the pro-monopoly precedents that billionaires procured by offering free "continuing education" antitrust training to 40% of the Federal judiciary:
https://pluralistic.net/2021/08/13/post-bork-era/#manne-down
It's amazing to see the DoJ racking up huge wins against Google's monopolistic conduct, sure, but first blood went to Epic, who won a historic victory over Google in federal court six months before the DoJ's win, which led to the court ordering Google to open up its app store:
https://www.theverge.com/policy/2024/10/7/24243316/epic-google-permanent-injunction-ruling-third-party-stores
Google's 30% App Tax is a giant drag on all kinds of sectors, as is its veto over which software Android users get to see, so Epic's win is going to dramatically alter the situation for all kinds of activities, from beleaguered indie game devs:
https://antiidlereborn.com/news/
To the entire news sector:
https://www.eff.org/deeplinks/2023/06/save-news-we-must-open-app-stores
Private antitrust cases have attracted some very surprising plaintiffs, like Michael Jordan, whose long policy of apoliticism crumbled once he bought a NASCAR team and lived through the monopoly abuses of sports leagues as an owner, not a player:
https://www.thebignewsletter.com/p/michael-jordan-anti-monopolist
A much weirder and more unlikely antitrust plaintiff than Michael Jordan is Google, the perennial antitrust defendant. Google has brought a complaint against Microsoft in the EU, based on Microsoft's extremely ugly monopolistic cloud business:
https://www.reuters.com/technology/google-files-complaint-eu-over-microsoft-cloud-practices-2024-09-25/
Google's choice of venue here highlights another reason to think that the antitrust surge will continue irrespective of US politics: antitrust is global. Antitrust fervor has seized governments from the UK to the EU to South Korea to Japan. All of those countries have extremely similar antitrust laws, because they all had their statute books overhauled by US technocrats as part of the Marshall Plan, so they have the same statutory tools as the American trustbusters who dismantled Standard Oil and AT&T, and who are making ready to shatter Google into several competing businesses:
https://www.theverge.com/2024/10/8/24265832/google-search-antitrust-remedies-framework-android-chrome-play
Antitrust fever has spread to Canada, Australia, and even China, where the Cyberspace Directive bans Chinese tech giants from breaking interoperability to freeze out Chinese startups. Anything that can't go on forever eventually stops, and the cost of 40 years of pro-monopoly can't be ignored. Monopolies make the whole world more brittle, even as the cost of that brittleness mounts. It's hard to pretend monopolies are fine when a single hurricane can wipe out the entire country's supply of IV fluid – again:
https://prospect.org/health/2024-10-11-cant-believe-im-writing-about-iv-fluid-again/
What's more, the conduct of global monopolists is the same in every country where they have taken hold, which means that trustbusters in the EU can use the UK Digital Markets Unit's report on the mobile app market as a roadmap for their enforcement actions against Apple:
https://assets.publishing.service.gov.uk/media/63f61bc0d3bf7f62e8c34a02/Mobile_Ecosystems_Final_Report_amended_2.pdf
And then the South Korean and Japanese trustbusters can translate the court documents from the EU's enforcement action and use them to score victories over Apple in their own courts:
https://pluralistic.net/2024/04/10/an-injury-to-one/#is-an-injury-to-all
So on the one hand, the trustbusting wave will continue erode the foundations of global monopolies, no matter what happens after this election. But on the other hand, if Harris wins and then fires Biden's top trustbusters to appease her billionaire donors, things are going to get ugly.
A new, excellent long-form Bloomberg article by Josh Eidelson and Max Chafkin gives a sense of the battle raging just below the surface of the Democratic Power, built around a superb interview with Khan herself:
https://www.bloomberg.com/news/features/2024-10-09/lina-khan-on-a-second-ftc-term-ai-price-gouging-data-privacy
The article begins with a litany of tech billionaires who've gone an all-out, public assault on Khan's leadership – billionaires who stand to personally lose hundreds of millions of dollars from her agency's principled, vital antitrust work, but who cloak their objection to Khan in rhetoric about defending the American economy. In public, some of these billionaires are icily polite, but many of them degenerate into frothing, toddler-grade name-calling, like IAB's Barry Diller, who called her a "dope" and Musk lickspittle Jason Calacanis, who called her an all-caps COMMUNIST and a LUNATIC.
The overall vibe from these wreckers? "How dare the FTC do things?!"
And you know, they have a point. For decades, the FTC was – in the quoted words of Tim Wu – "a very hardworking agency that did nothing." This was the period when the FTC targeted low-level scammers while turning a blind eye to the monsters that were devouring the US economy. In part, that was because the FTC had been starved of budget, trapping them in a cycle of racking up easy, largely pointless "wins" against penny-ante grifters to justify their existence, but never to the extent that Congress would apportion them the funds to tackle the really serious cases (if this sounds familiar, it's also the what happened during the long period when the IRS chased middle class taxpayers over minor filing errors, while ignoring the billionaires and giant corporations that engaged in 7- and 8-figure tax scams).
But the FTC wasn't merely underfunded: it was timid. The FTC has extremely broad enforcement and rulemaking powers, which most sat dormant during the neoliberal era:
https://pluralistic.net/2023/01/10/the-courage-to-govern/#whos-in-charge
The Biden administration didn't merely increase the FTC's funding: in choosing Khan to helm the organization, they brought onboard a skilled technician, who was both well-versed in the extensive but unused powers of the agency and determined to use them:
https://pluralistic.net/2022/10/18/administrative-competence/#i-know-stuff
But Khan's didn't just rely on technical chops and resources to begin the de-olicharchification of the US economy: she built a three-legged stool, whose third leg is narrative. Khan's signature is her in-person and remote "listening tours," where workers who've been harmed by corporate power get to tell their stories. Bloomberg recounts the story of Deborah Brantley, who was sexually harassed and threatened by her bosses at Kavasutra North Palm Beach. Brantley's bosses touched her inappropriately and "joked" about drugging her and raping her so she "won’t be such a bitch and then maybe people would like you more."
When Brantley finally quit and took a job bartending at a different business, Kavasutra sued her over her noncompete clause, alleging an "irreparable injury" sustained by having one of their former employees working at another business, seeking damages and fees.
The vast majority of the 30 million American workers who labor under noncompetes are like Brantley, low-waged service workers, especially at fast-food restaurants (so Wendy's franchisees can stop minimum wage cashiers from earning $0.25/hour more flipping burgers at a nearby McDonald's). The donor-class indenturers who defend noncompetes claim that noncompetes are necessary to protect "innovative" businesses from losing their "IP." But of course, the one state where no workers are subject to noncompetes is California, which bans them outright – the state that is also home to Silicon Valley, an IP-heave industry that the same billionaires laud for its innovations.
After that listening tour, Khan's FTC banned noncompetes nationwide:
https://pluralistic.net/2024/04/25/capri-v-tapestry/#aiming-at-dollars-not-men
Only to have a federal judge in Texas throw out their ban, a move that will see $300b/year transfered from workers to shareholders, and block the formation of 8,500 new US businesses every year:
https://www.npr.org/2024/08/21/g-s1-18376/federal-judge-tosses-ftc-noncompetes-ban
Notwithstanding court victories like Epic v Google and DoJ v Google, America's oligarchs have the courts on their side, thanks to decades of court-packing planned by the Federalist Society and executed by Senate Republicans and Reagan, Bush I, Bush II, and Trump. Khan understands this; she told Bloomberg that she's a "close student" of the tactics Reagan used to transform American society, admiring his effectiveness while hating his results. Like other transformative presidents, good and bad, Reagan had to fight the judiciary and entrenched institutions (as did FDR and Lincoln). Erasing Reagan's legacy is a long-term project, a battle of inches that will involve mustering broad political support for the cause of a freer, more equal America.
Neither Biden nor Khan are responsible for the groundswell of US – and global – movement to euthanize our rentier overlords. This is a moment whose time has come; a fact demonstrated by the tens of thousands of working Americans who filled the FTC's noncompete docket with outraged comments. People understand that corporate looters – not "the economy" or "the forces of history" – are the reason that the businesses where they worked and shopped were destroyed by private equity goons who amassed intergenerational, dynastic fortunes by strip-mining the real economy and leaving behind rubble.
Like the billionaires publicly demanding that Harris fire Khan, private equity bosses can't stop making tone-deaf, guillotine-conjuring pronouncements about their own virtue and the righteousness of their businesses. They don't just want to destroy the world - they want to be praised for it:/p>
"Private equity’s been a great thing for America" -Stephen Pagliuca, co-chairman of Bain Capital;
"We are taught to judge the success of a society by how it deals with the least able, most vulnerable members of that society. Shouldn’t we judge a society by how they treat the most successful? Do we vilify, tax, expropriate and condemn those who have succeeded, or do we celebrate economic success as the engine that propels our society toward greater collective well-being?" -Marc Rowan, CEO of Apollo
"Achieve life-changing money and power," -Sachin Khajuria, former partner at Apollo
Meanwhile, the "buy, strip and flip" model continues to chew its way through America. When PE buys up all the treatment centers for kids with behavioral problems, they hack away at staffing and oversight, turning them into nightmares where kids are routinely abused, raped and murdered:
https://www.nbcnews.com/news/us-news/they-told-me-it-was-going-be-good-place-allega-tions-n987176
When PE buys up nursing homes, the same thing happens, with elderly residents left to sit in their own excrement and then die:
https://www.politico.com/news/magazine/2023/12/24/nursing-homes-private-equity-fraud-00132001
Writing in The Guardian, Alex Blasdel lays out the case for private equity as a kind of virus that infects economies, parasitically draining them of not just the capacity to provide goods and services, but also of the ability to govern themselves, as politicians and regulators are captured by the unfathomable sums that PE flushes into the political process:
https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control
Now, the average worker who's just lost their job may not understand "divi recaps" or "2-and-20" or "carried interest tax loopholes," but they do understand that something is deeply rotten in the world today.
What happens to that understanding is a matter of politics. The Republicans – firmly affiliated with, and beloved of, the wreckers – have chosen an easy path to capitalizing on the rising rage. All they need to do is convince the public that the system is irredeemably corrupt and that the government can't possibly fix anything (hence Reagan's asinine "joke": "the nine most terrifying words in the English language are: 'I'm from the Government, and I'm here to help'").
This is a very canny strategy. If you are the party of "governments are intrinsically corrupt and incompetent," then governing corruptly and incompetently proves your point. The GOP strategy is to create a nation of enraged nihilists who don't even imagine that the government could do something to hold their bosses to account – not for labor abuses, not for pollution, not for wage theft or bribery.
The fact that successive neoliberal governments – including Democratic administrations – acted time and again to bear out this hypothesis makes it easy for this kind of nihilism to take hold.
Far-right conspiracies about pharma bosses colluding with corrupt FDA officials to poison us with vaccines for profit owe their success to the lived experience of millions of Americans who lost loved ones to a conspiracy between pharma bosses and corrupt officials to poison us with opioids.
Unhinged beliefs that "they" caused the hurricanes tearing through Florida and Georgia and that Kamala Harris is capping compensation to people who lost their homes are only credible because of murderous Republican fumble during Katrina; and the larcenous collusion of Democrats to help banks steal Americans' homes during the foreclosure crisis, when Obama took Tim Geithner's advice to "foam the runway" with the mortgages of everyday Americans who'd been cheated by their banks:
https://www.salon.com/2014/05/14/this_man_made_millions_suffer_tim_geithners_sorry_legacy_on_housing/
If Harris gives in to billionaire donors and fires Khan and her fellow trustbusters, paving the way for more looting and scamming, the result will be more nihilism, which is to say, more electoral victories for the GOP. The "government can't do anything" party already exists. There are no votes to be gained by billing yourself as the "we also think governments can't do anything" party.
In other words, a world where Khan doesn't run the FTC is a world where antitrust continues to gain ground, but without taking Democrats with it. It's a world where nihilism wins.
There's factions of the Democratic Party who understand this. AOC warned party leaders that, "Anyone goes near Lina Khan and there will be an out and out brawl":
https://twitter.com/AOC/status/1844034727935988155
And Bernie Sanders called her "the best FTC Chair in modern history":
https://twitter.com/SenSanders/status/1843733298960576652
In other words: Lina Khan as a posse.
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Tor Books as just published two new, free LITTLE BROTHER stories: VIGILANT, about creepy surveillance in distance education; and SPILL, about oil pipelines and indigenous landback.
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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/2024/10/11/democracys-antitrust-paradox/#there-will-be-an-out-and-out-brawl
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