Discover and read the best of Twitter Threads about #Budgets

Most recents (9)

#LoanOfficers and #Realtors continue to butcher the #TaxSavings conversation regarding having a mortgage. When they do, they usually make it appear bigger than it really is which misleads the buyer.

You might want to bookmark this!

Here is how the calculation really works:
The Standard Deduction means you do NOT pay income tax on the first $13,850 earned as a single taxpayer or $27,700 for a married couple.

If your write-offs exceed those limits, you receive an additional tax refund, as your payroll providers do not consider this.
An easy way to calculate the mortgage deduction is to deduct the SALT (State and Local Tax) limit of $10k from the standard deduction. SALT is essentially your state income tax and property tax. In high-cost markets, you can assume the $10k will be met with those two fees.
Read 10 tweets
1· 🤔 On voit des enseignant·es faire cours les jours de #grève, organiser le #distanciel ou profiter des journées de #mobilisation pour avancer sur leur HDR : ne pensez-vous pas que nous avons quelques raisons de mettre l'#université et la #recherche à l'arrêt ?
🧶 à dérouler 👇 Baisse des budget par étudi...
2· ‼️ D'abord, il y a le saccage des #retraites, ces deux années de #travail que le gouvernement veut nous extorquer.
Personne n'est dupe : cette contre-réforme injuste et injustifiée aggravera les #inégalités, notamment entre femmes et hommes 🤬
Infos 👇
universiteouverte.org/2023/01/26/pou…
3· 😡 Cette réforme aggravera donc les inégalités entre travailleuses et travailleurs de l'#ESR, et elle aura des effets spécifiques pour des chercheur·ses dont la carrière a été marquée par la #précarisation et l'#internationalisation 😱
#StopPrécarité
change.org/p/retraite-une…
Read 19 tweets
Starting now w/ @AiHisano Geoff Jones and Robert Lockhart - ESC event about #writing your #firstbook #bizhis
What steps emerging business historians should take to write their first monograph?
From @AiHisano
1) think about what kind of scholar you want to be,
2) explore broader frameworks for your book than you had in your dissertation
Geoff Jones: "as much as you can, leave some space between your defense and your book, perhaps write one article to focus on your specific contributions, put yourself out there, then write a better-conceptualized book project"
Read 11 tweets
The Inflation Reduction Act includes a 15 percent corporate minimum tax, drug price controls, IRS tax enforcement, and a tax hike on carried interest to pay for increased spending on energy and health insurance subsidies as well as deficit reduction.

[THREAD]
The on-again-off-again negotiations over the proposed #BuildBackBetter tax increases on corporations and high-income earners appears to be… on again.

Sen. Joe Manchin (D-WV) is now expressing support for something called the #InflationReductionAct. (2/9)
Next week, the Senate is scheduled to begin voting on a reconciliation bill that may put all of the #BuildBackBetter tax and spending increases on the table. (3/9)
Read 9 tweets
1.
Le statut de la #Corse au sein de la #Méditerranée est comparativement une véritable #anomalie politique.
Petit tour d'horizon des pays représentés pour ce Med7
#Thread ⤵️
2.
La France au regard des autres pays méditerranéens européens fait figure de quasi-exception : conservatrice, jacobine, centraliste...
3.
#Italie :
Statut spécial de la Vallée d'Aoste.
Art. 1
1) La Vallée d’Aoste est constituée en Région autonome, dotée de la personnalité juridique, dans le cadre de l’unité politique de la République italienne [...]
Read 34 tweets
Fiscal marksmanship is a problem that plagues the #budgeting process at all level of government, from #Centre to #state governments. Attention is however still focused on the #Centre, despite #states now accounting for one and a half times the spending of the #Centre. (1/n)
This @IDFCinstitute working paper on fiscal marksmanship by @SharmadhaS and @PrakharMisra analyses the revenue #budgets of 28 #states of 15 years to analyse why state #budget estimates often miss the actuals on the various components of their total revenues. (2/n)
Fiscal marksmanship is a structural issue cutting across all #states, whether rich or poor. A rich state like #Kerala overestimated its total revenue in all 15 years but so did #Assam in 14 out of 15 years by an average of a massive 18.18%. (3/n) Image
Read 10 tweets
We analysed recent State #budgets of 17 states to understand their fiscal position prior to the #COVIDー19 crisis. The paper includes revenue estimations, expenditures & policy changes such as Ways & Means Advances & GST. Do read and share. Comments welcome.
A few key findings.
From FY 2017-18 to FY 2019-20 REs, per-capita revenue receipts registered an increasing trend. BEs for FY 2020-21 anticipated a further rise. These, however, are likely to be significantly lower in the REs of FY 2020-21 due to the impact of COVID-19. (1/10)
On average, only around 50% of revenue receipts are from Own Source Resources. For some States, the proportions are significantly lower at 22% (Bihar) & 13% (Mizoram). OSR has also been declining over the years
~ increasing fiscal dependence on the Union government. (2/10)
Read 11 tweets
This thread is about understanding Lebanon’s #budget in few questions.
Another thread will explain #Citizen_Budget 2020.
@OpenBudgets 👇
What is the #Budget?
Article 3 of the "Public Accounting Law" defines #budget as “a legislative instrument in which national #revenues & #expenditures are estimated for the upcoming year & by which #tax collection & spending are allowed”.
State #budgets have evolved to become a tool of #foresight, #planning and #accountability based on programs and #performance assessments.
bit.ly/2JKN0LV
Read 13 tweets
Had the privilege to attend the @PRSLegislative Research two-day National Workshop on ‘State Finances’ at the Indian Institute of Public Administration campus in Delhi on January 20 & 21 2020.
#Finance #State #Maharashtra ImageImage
Conducted by experts and eminent speakers, the workshop helped deepen my knowledge and gain an in-depth understanding of #Budgets & State Finances from the State of the Economy, GST, Local Self Government financing, State of State Finances, Fund Transfers to States and more Image
The @PRSLegislative Research two-day National Workshop on ‘State Finances’ also provided me with a great forum to engage with officials, academic experts, and fellow legislators from across the country. Image
Read 3 tweets

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