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Daily Alchemy: a question to think on together
22h ago“When local services get cut, who should feel that pain first: everyone a little, or some people a lot?”
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Mamdani Stretches Out Pension Payments to Fill City Budget Gap
Public pensions work by setting aside money during a worker’s career so it can grow through investments and cover promised benefits later. New York City has five main pension funds with assets around 300 billion dollars.... The most brilliant tax idea in years – I wish I’d thought of this.
Photo above - James Bond, Domino Derval, and Emilio Largo enjoy a friendly game of Texas Hold'Em in Thunderball (1965). Losses would be deductible under the current tax code. Did you know the federal law creates in $1.1 billion in gambling deductions each year?... Want to know the difference between the “LA Ordinance Fee” and “LA Ordinance Tourism Tax”?
My greed-o-meter was pinned to max after finding the link below. The state of California and the city of Los Angeles have 2 identical taxes on hotel occupants. The only difference is whose pocket the money ends up in....