Not exact matches
Jesus condemned the oppression and marginalization of his impoverished people by the Romans and other ruling elites who sought
through their unjust
system of
taxation to extract as much wealth as possible from the majority of people to benefit the rich, powerful, ruling elites.
Examples of such projects providing marginal benefits are: improving financial reporting
systems through better information technology, minor tweaks to supply chain logistics, cutting back on marketing or increasing low - cost advertising (like social media), «rationalization» of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off
taxation, refinancing rather than retiring debts, and the share buyback that is insensitive to a company's current stock price.
In 1966 the 6 - volume report declared that fairness should be the foremost objective of the
taxation system; the existing
system was not only too complicated and inefficient, but under it the poor paid more than their fair share while the wealthy avoided taxes
through various loopholes.
Other more sweeping reform options would address double
taxation by allowing shareholders credits against personal taxes for tax levied at the corporate level (an «imputation
system») or by passing corporate profits
through to shareholders, similar to the tax treatment of partnerships and S - corporations («corporate tax integration»).
One solution would be to fund the school
systems adequately,
through progressive
taxation, and not have schools that are basically overcrowded warehouses of kids.
Also at 1 p.m., the Assembly Committee on Real Property
Taxation holds a public hearing to evaluate New York City's real property
taxation system in its totality, and discuss improvements that could be made
through state legislation, 250 Broadway, Manhattan.