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public finance
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Daily Alchemy: a question to think on together
“When a city has extra money to spend, how do you decide which need feels most urgent to you personally?”
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- AndreaT...
Democratic Socialist
The dem socialist party has taken over the dem party. Their intent, if they get in power, is to get rid of the Senate and the President (they would have to change the United States Constitution), make all illegals legal, and have open borders!... 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....