@ISIDEWITHQuestionseconomy8yrs ago

Should the solidarity tax on wealth be abolished?

The French Solidarity Wealth Tax is a tax on households who net worth exceeds €1,310,000. The assets taken into account in the calculation of the ISF include all the assets held in France or abroad of the taxpayer. Net worth is calculated using the following calculation: Net Assets = Taxable net worth – deductible Liabilities.

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17%
Yes
83%
No
17%
Yes
83%
No

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 @B22TNM7answered…2mos2MO

Yes, but increase the threshold for paying the solidarity tax to €2m and increase the amount people have to pay

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 @ISIDEWITH submitted…7 days7D

Netanyahu's Ultimatum: Release Hostages Or War Resumes

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 @ISIDEWITH submitted…2wks2W

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 @ISIDEWITH submitted…1wk1W

Gavin Newsom Defends Immigrants With $25 Million

Governor Newsom signed legislation allocating $50 million total to protect California's policies from Trump administration challenges and defend immigrants facing deportation, split evenly between the state's DOJ and legal defense groups.The funding comes as California anticipates renewed conflicts with Trump's administration, following over 100 legal actions against his first term policies on issues including climate, water, and immigration.Assembly Speaker Robert Rivas justified the funding by characterizing the Trump administration as "out-of-control" and threatening to Californians' constitutional rights.The signing occurred just after Newsom's Washington visit to secure federal disaster aid for January's devastating Los Angeles wildfires, which claimed more than two dozen lives.California recently enacted a separate $2.5 billion fire relief package, with expectations of federal reimbursement for disaster response costs.Republican lawmakers criticized the legal defense funding as a political distraction from wildfire recovery efforts, with State Senate Minority Leader Brian Jones calling it a "slush fund."Critics raised concerns about the possibility of funds being used to defend immigrants with serious felony convictions, though Newsom indicated this wasn't the intended purpose.The legislation emerged from a special session Newsom called shortly after Trump's election in November, demonstrating California's proactive stance against anticipated federal challenges.During Trump's first term, California initiated more than 120 lawsuits against his administration, spending approximately $42 million on legal battles.Annual legal expenses fighting federal policies during Trump's first term ranged from $2 million to nearly $13 million per year.

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