I think the Income Tax Act regards an expense as deductible if it is incurred for the purpose of gaining taxable income. The purpose of borrowing however is to gain capital, in the form of cash; capital is not income so interest, being the cost of ...
I think the US would like to "rule over them" as well.
I suspect there were sound fiscal reasons for not letting people "keep their own income" - something to do with avoiding inflation; and there has always been a suspicion that the country would not be able to afford national super once the boomers started ...
This is probably why the banks favour capital gains taxes. The point being that a cgt is not levied until after a property is sold and the bank in question no longer has any financial interest in it. Wealth and land taxes, on the other hand, are paid on a ...
[ To make the socio-economic progress that the left wing of New Zealand want us to, we need a Capital Gains Tax or a Land Value Tax. ] A land value tax would be better than a capital gains tax since it can be collected on a regular basis: annually, half ...
Without a (visible) stop sign, or traffic lights, a bit more caution is needed at intersections.
I have always thought that the purpose of roads was the movement of traffic. Not for stationary vehicles to park on. Motorists should not be using public spaces as their own private carparks. If they want to do that they should at least pay for the ...
What about this, what about that, What about the other. Is that the only logic you know?
Did she deserve to be attacked by Russia? You are quite right to ask that. At seven years of age she could hardly be considered a supporter of Uncle Sam. Don't ask silly out of context questions.
that Europe "deserved" to be attacked by Russia? Given that they are supporting Uncle Sam and his evil empire they probably do deserve to be attacked by Russia. Still, I wouldn't want to see that happen, and it probably won't.
Did they just happen, too? Sure. Lots of wars all over the place. Africa, the Middle East, South America, China.
NATO, the EEC and the EU have brought he longest period of continuous peace to Western Europe since Pax Romana. It probably would have happened anyway, even without the assistance of the EEC, the EU, and NATO.
Additionally, the withdrawl of US support for NATO would make a general European war between Russia and rump NATO powers almost inevitable should Ukraine be overrun, With no more proxy wars to be fought against NATO, I would think it more likely peace ...
The US has kept a standing army of ~100,000 in Europe for eighty years – thats the price of peace in Europe. How beneficent of them. I trust you don't mind a bit of sarcasm, now and then.
Prophylaxis, probably, rather than anticipation. I don't see Poland attacking Russia any time soon, despite any lack of "friendliness" on Russia's part.
It is more likely Europeans would seek a new friendly relationship with Russia, similar to that which was recently, until foolishly abandoned, enjoyed by Finland. They might well seek to include Russia in the EU, perhaps bringing in Ukraine as well.
He could have called both Seymour's and Peter's bluffs – where else could they have gone. The poll booths, presumably.
I don't see that "only the chiefs were partners" is a problem. The chiefs would be presumed to be acting as representatives of their people in any discussions or negotiations with the crown.
Tinkering is cool, the top tinker (sic) believes. A tinker a mender of pots and pans. Don't you mean "tinkerer".
A recent posting, to the Counterpunch website, concerning the origins of the cold war, seems to have a bearing on the Ukraine war. Fleming’s testimony in the 1971 House hearings on “Cold War? Origins and Developments” gives us another way of thinking about...
Starmer thinks that NATO will be at war with Russia within 20 years. Sir Keir Starmer has warned that "Russia is a constant threat" and that we must be "mindful of that threat from Russia to Europe." The Labour leader was speaking during a visit to British...
16 year olds pay tax. Every time they make a purchase they pay GST. But in any case payment of tax should not be the determining factor. They should have say in the services provided by government: education, health, etc. since they use those services. ...
One would have to wonder how the $80.00 figure was arrived at. How many kilowatts would be needed per 1000 km on average? Knowing that, one could arrange for the EV equivalent of a "gas guzzler" to pay more than a more economical vehicle.
Note, Ad, that the Democratic Party's commitment to workers is notional only. I believe he is recognizing that in order to maintain USA's economic dominance he has to reestablish its manufacturing base, which, decades ago was handed over to China and other...
Does Britain have an armaments industry? And, if so, is that industry expecting to receive a billion pounds worth of business from Ukraine? Or am I just being a bit too cynical?
I'll muse over the feasibility of making Donald Trump my resident geopolitical advisor, Because, of course, Kissenger is no longer with us.
Without US, and Western, support of Taiwan, accompanied by the threat of military backup, I suspect the "one China" theme would have been a reality long since. But the West probably has its own agenda in the region.
The US backed international order would implode fast. So would the global dollar economy. The "global dollar" seems to be part of the problem. That's why a number of countries are endevouring to set up BRICS.
I do remember that, I think, but only vaguely. However I get the impression that MS was talking about some report that had been prepared and was scheduled for release in the near future. If that is not the case where does the OIA come into it? I sort of ...
I know that the Act has been repealed. I was merely speculating on what may have been the case had it not been repealed. The trouble is that had it remained in force any implications would probably lead to its adoption, or non adoption, without further ...
A 9% figure seems to be frequently mentioned but, since the minimum income tax rate is 10.5%, anyone paying only 9% is, on the face of it, committing tax fraud. This raises the somewhat thorny question of whether capital gain constitutes income: if it does...
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