Explore web search results related to this domain and discover relevant information.
Non-military households would pay a “war tax” to help cover the health care of veterans of newly-authorized wars under a plan Beto O’Rourke’s campaign unveiled Monday.
The idea is not a new one: Prior to the wars in Afghanistan and Iraq, the United States had historically levied additional taxes in times of war. Under former President Lyndon B. Johnson, Congress enacted an income tax surcharge that meant taxpayers eventually owed 10% more.Money collected through the “war tax” – which he is proposing for future wars – would go into a new trust fund for veterans established at the outset of each war.“This new tax would serve as a reminder of the incredible sacrifice made by those who serve and their families,” O’Rourke’s plan says. O’Rourke had introduced legislation in 2016 and 2017, while he was in the US House of Representatives, to create the same “war tax” and trust funds for veterans of future wars.A group of House Democrats sought a similar tax in the mid-2000s, but were unsuccessful.
The Trump tariffs amount to an average tax increase of nearly $1,300 per US household in 2025. See more on the 2025 Trump trade war impact.
Removing the tariffs would boost GDP and employment, as Tax Foundation estimates have shown for the Section 232 steel and aluminum tariffs. Note: 2018-2019 trade war tariffs reflect Section 301 tariffs on imports from China and Section 232 tariffs on certain steel and aluminum imports.Note: 2018-2019 retaliation reflects retaliatory tariffs on $6 billion of US exports in response to Section 232 tariffs and more than $106 billion of US exports in response to Section 301 tariffs. Source: Tax Foundation General Equilibrium Model, June 2024. As of the end of 2024, the trade war tariffs have generated more than $264 billion of higher customs duties collected for the US government from US importers.Before accounting for behavioral effects, the $79 billion in higher tariffs amount to an average annual tax increase on US households of $625. Based on actual revenue collections data, trade war tariffs have directly increased tax collections by $200 to $300 annually per US household, on average.In May 2024, the Biden administration announced additional tariffs on $18 billion of Chinese goods for a tax increase of $3.6 billion. Altogether, the trade war policies currently in place add up to $79 billion in tariffs based on trade levels at the time of tariff implementation.
Explore War Tax (Mercadian Masques English) card, including essential details and specifications.
Beto O’Rourke’s war tax could radically change the political calculus for foreign intervention — and the most radical antiwar policy of 2020 Democrats
O'Rourke's proposal is logistically pretty simple. When a new war is authorized, a tax would automatically go into effect to help pay for it. The tax would be levied on all families "without current members of the Armed Forces or veterans of the Armed Forces," and it would be progressive.There has been plenty of initial skepticism of O'Rourke's plan, especially among young progressives. A common concern is that the tax would become primarily a new funding mechanism for war and war's consequences.Alex Pareene, a staff writer for The New Republic, for example, tweeted that "an actually good war tax would raise the top marginal rate 10 points for each new war." Similarly, Ken Klippenstein, a reporter for The Young Turks, tweeted that we should have a war tax on defense contractors rather than on "working people for wars the vast majority of them never supported."Currently, wars are financed through debt and borrowing. Most people therefore don't feel the effects of these conflicts in any direct concrete way. A war tax would change that, as Sarah Kreps, author of "Taxing Wars: The American Way of War Finance and the Decline of Democracy," explained to me.
MTG War Tax: ➡ $1 ➡ 0.12 Tixes. Card price last updated on 14 Aug. Get the latest decks and the updated prices from multiple sources in our site.
A list of the most recent MTG decks using War Tax available on MTG decks website.A list of archetypes playing War Tax by format in the last 90 days according to our MTG decks database.War Tax has been played in more than 0 decks in the last year.War Tax has been played in more than 10 decks in the last year . It is not played in any current format.
Former Rep. Beto O'Rourke, D-Texas, said Monday that as president, he would impose a "modest" tax for each new war as part of his plan to get the United States out of "endless" overseas conflicts.
Former Rep. Beto O'Rourke, D-Texas, said Monday that as president, he would impose a "modest" tax on citizens for each new war as part of his plan to get the United States out of "endless" overseas conflicts.It would funnel money into a series of Veterans Health Care Trust Funds (VHCTF) -- also created each time a war is started -- covering medical services, disability compensation, and other programs for veterans. Families with members or veterans of the Armed Forces would not have to pay the tax.It was unclear how much the tax would cost Americans in lower income brackets. "Every new VHCTF would be paired with enactment of new war tax," O'Rourke said.On Twitter, O'Rourke argued the new "war tax" would make it harder for politicians to enter into new conflicts. "I will not only end our wars, but I'll make it harder politically for Washington to start new ones.
…a retaliatory measure on a discriminatory foreign country that imposes an “unfair foreign tax.” An unfair foreign tax is proposed to include an undertaxed profits rule (UTPR), a digital services tax (DST), a diverted profits tax, and, to the extent provided by the Treasury Secretary, ...
The proposal would increase US net income, withholding, and gross-basis tax rates on residents (including certain of their subsidiaries) and governments of those countries by 5 percentage points per year, up to a maximum rate of 20 percentage points above the applicable statutory rate and disallow an exemption for foreign governments.The tiny virtue of Section 899 is that it leaves no discretion to Tariff Man; once the secretary of the Treasury identifies the UFT, the tax starts and goes up by the specified amount. But it may be just as ineffective as dealing with the UFTs as were BEPS and Pillar 1/Pillar 2.That’s a lot for first thing in the morning. But the gist of it is simple: If you (e.g., the EU) have a UFT (e.g., the EU DST), then taxes on your companies are going up 5 percentage points every year.…a retaliatory measure on a discriminatory foreign country that imposes an “unfair foreign tax.” An unfair foreign tax is proposed to include an undertaxed profits rule (UTPR), a digital services tax (DST), a diverted profits tax, and, to the extent provided by the Treasury Secretary, an extraterritorial tax, discriminatory tax, or any other tax enacted with a public or stated purpose that the tax be economically borne, directly or indirectly, disproportionately by US persons.
The exemption is limited to 10 years in duration unless the taxing jurisdiction has acted to make it indefinite; the disability exemption benefit portion has no time limit. ... Complete Form RP-458-b, Application for Cold War Veterans Exemption from Real Property Taxation.
additional reduction for veterans who incur service-connected disabilities, equal to one-half of the service-connected disability rating Cold War period ... Percentage-level benefits are subject to maximum dollar limits set by each taxing jurisdiction.(For instructions see Form RP- 458-b-I, Instructions for Form RP-458-b Application for Cold War Veterans Exemption from Real Property Taxation.)The Cold War veterans exemption is available on a veteran's primary residence.Proof that you were discharged or released from service under honorable conditions (usually Form DD-214; see the complete listing of Acceptable Military Records for Veterans Property Tax Exemption) or
President Donald Trump is changing the Pentagon to the Department of War and it could cost taxpayers over $1 billion.
President Donald Trump is changing the Pentagon to the Department of War and it could cost taxpayers over $1 billion (AP)When asked how much the name change would cost, Trump said, ‘Not a lot’Politico warned in an article published Thursday the name change will likely cost billions of dollars as hundreds of Pentagon agencies, its global bases, stationery and other signage will need to be updated.The agency’s name was changed to the Department of Defense in the late 1940s following the end of World War II.
President Donald Trump has taken steps that many experts believe could steer the world towards a global tax war
France: French President Emmanuel Macron called the U.S. threats “unacceptable” and vowed to maintain France’s digital tax. France has even proposed coordinating EU-wide retaliatory measures against U.S. tariffs. European Union: The EU expressed strong support for its member states, warning that it would respond “swiftly and proportionally” to any U.S.A prolonged tax war could erode business confidence, stifle economic growth, and reduce government revenues at a time when many countries are still recovering from the economic impacts of the COVID-19 pandemic.In a dramatic escalation of global economic tensions, President Donald Trump has taken steps that many experts believe could steer the world towards a global tax war.A tax war occurs when countries engage in aggressive tax policies that harm each other’s economic interests.
The National War Tax Resistance Coordinating Committee is a network of organizations that supports individuals who refuse to pay for war.
For everyone interested in or actively refusing to pay taxes for war, NWTRCC offers information, referral, support, resources, publicity, campaign sponsorship, and connection to an international network of conscientious objectors to war taxes.The National War Tax Resistance Coordinating Committee is a coalition of local, regional, and national groups and individuals from across the United States.The new War Tax Resistance Guidebook was published in March 2025.Anyone can file the Peace Tax Return — whether you are low income, high income, protesting, resisting, or refusing.
The Trump tariffs amount to an average tax increase of nearly $1,300 per US household in 2025. See more on the 2025 Trump trade war impact.
Removing the tariffs would boost GDP and employment, as Tax Foundation estimates have shown for the Section 232 steel and aluminum tariffs. Note: 2018-2019 trade war tariffs reflect Section 301 tariffs on imports from China and Section 232 tariffs on certain steel and aluminum imports.Note: 2018-2019 retaliation reflects retaliatory tariffs on $6 billion of US exports in response to Section 232 tariffs and more than $106 billion of US exports in response to Section 301 tariffs. Source: Tax Foundation General Equilibrium Model, June 2024. As of the end of 2024, the trade war tariffs have generated more than $264 billion of higher customs duties collected for the US government from US importers.Before accounting for behavioral effects, the $79 billion in higher tariffs amount to an average annual tax increase on US households of $625. Based on actual revenue collections data, trade war tariffs have directly increased tax collections by $200 to $300 annually per US household, on average.In May 2024, the Biden administration announced additional tariffs on $18 billion of Chinese goods for a tax increase of $3.6 billion. Altogether, the trade war policies currently in place add up to $79 billion in tariffs based on trade levels at the time of tariff implementation.
What is a trade war? It is a common misperception that foreigners make the tariff payments. Learn more about tariffs and the "tax war."
When governments restrict trade—through tariffs and retaliation—no one truly wins.The OBBBA moved the US international tax system in the right direction on several fronts. However, some of the changes, while encouraging certain domestic activity and exports, may harm physical activity abroad that supports US competitiveness and domestic activity.Given the poor state of the budget process and worsening debt trajectory, lawmakers should move boldly and quickly to address the issue, including via a fiscal commission process. Issues to consider should include reforms to both spending and taxes.
O'Rourke unveiled a plan for military veterans, in which taxpayers who earn over $200K a year would pay $1K in tax for each war embarked on by the U.S.
June 24 (Reuters) - Democratic presidential candidate Beto O'Rourke on Monday proposed taxing affluent American families who do not have members in the U.S. military as a way to fund healthcare for veterans. The former congressman from Texas unveiled a plan for military veterans that includes a "war tax," in which taxpayers who earn over $200,000 a year would pay $1,000 in a new tax for each war embarked on by the United States.O'Rourke, who did not serve in the military but sat on the House of Representatives Armed Services and Veterans' Affairs committees, said the tax would be levied on households without current members of the U.S. military or military veterans. He did not specify what types of war, or the scale and origins of the wars, on which the tax would be levied.The money raised from the war tax would be deposited into a newly created Veterans Health Care Trust Fund, which would be created at the start of each new war and be used to support veterans' healthcare, disability and other medical needs when they return from conflict, O'Rourke said.Virtual currency like Bitcoin has shifted into the public eye in recent years. Some employees are paid with Bitcoin, more than a few retailers accept Bitcoin as payment, and others hold the e-currency as a capital asset. Recently, the Internal Revenue Service (IRS) clarified the tax treatment of virtual currency transactions.
Everybody is aware that the United States is in the midst of a global trade war started by President Trump. Yet the passage by the House of the One Big Beautiful Bill (OBBB) reconciliation act makes it official that it is in the midst of a global tax war as well. The OBBB contains Section […]
The proposal would increase US net income, withholding, and gross-basis tax rates on residents (including certain of their subsidiaries) and governments of those countries by 5 percentage points per year, up to a maximum rate of 20 percentage points above the applicable statutory rate and disallow an exemption for foreign governments.The tiny virtue of Section 899 is that it leaves no discretion to Tariff Man; once the secretary of the Treasury identifies the UFT, the tax starts and goes up by the specified amount. But it may be just as ineffective as dealing with the UFTs as were BEPS and Pillar 1/Pillar 2.That’s a lot for first thing in the morning. But the gist of it is simple: If you (e.g., the EU) have a UFT (e.g., the EU DST), then taxes on your companies are going up 5 percentage points every year.…a retaliatory measure on a discriminatory foreign country that imposes an “unfair foreign tax.” An unfair foreign tax is proposed to include an undertaxed profits rule (UTPR), a digital services tax (DST), a diverted profits tax, and, to the extent provided by the Treasury Secretary, an extraterritorial tax, discriminatory tax, or any other tax enacted with a public or stated purpose that the tax be economically borne, directly or indirectly, disproportionately by US persons.
Russian energy minister Anton Rubtsov told state media about how current taxation on Russian oil hurts production.
The tax burden on Russia's oil industry is severe and making production of the country's critical export unprofitable, a Russian energy minster has said. Anton Rubtsov made the comments on Tuesday as Russia faces dwindling revenues from its oil exports, which are key to financing Vladimir Putin's war effort in Ukraine.He said that reducing the overall tax burden on Russia's oil producers might boost production in the long term but risks widening the budget gap in the short term. The government is caught between the need to stimulate investment in a vital sector and fund a growing deficit without further depleting financial reserves, he added. Goldman noted that although Rubtsov and other officials warn of an unsustainable tax burden threatening future investment and output, Russia's government has shown a selective willingness to ease pressure on some firms, such as gas giant Gazprom, which is set to receive over 30 percent in tax relief in 2025.Anton Rubtsov, director of the oil and gas department in Russia's Ministry of Energy: "The tax burden is so substantial that today many options to maintain production are simply unprofitable." David Goldman, head of trading at Novion Global: "The situation in Russia's oil industry is far from clear-cut. While Anton Rubtsov and other officials warn of an unsustainable tax burden threatening future investment and output, the government has shown a selective willingness to ease pressure on key firms."He told an industry conference in Moscow the taxation makes oil production unprofitable and that if prices continued to fall, low production efficiency will deter long-term investment and lead to a stagnation in production.
The budget talks offer an opportunity to impose a war tax. By tying military action to additional revenue, the president would have a freer hand in deciding when to use force.
None of these proposals resolved the question of whether to pay for future wars through spending cuts or raising more revenue. Now that Congress has finally passed legislation letting taxes increase, we must make a choice and require a tax surcharge to pay for any military operation.War traditionally has motivated major changes in tax policy. The Civil War brought the first income tax. World War I made the federal income tax permanent. World War II brought tax withholding. In 1969, at the height of the Vietnam War, the United States ran a budget surplus because of a tax surcharge Congress forced President Lyndon B.Such decisions should not be divorced from economic considerations, but neither should we allow our finances to prevent us from pursuing vital American security interests. Putting in place a permanent tax surcharge to pay for wars would ensure that we could achieve our interests throughout the world without further worsening our finances.NOW that Congress has discarded the idea that taxes can never be raised, we must change how we pay for the wars we ask our military to fight.
Multinationals generate over 3,000 billion dollars in profits every year, yet pay virtually no taxes. These practices deprive governments of $600 billion in tax revenues. After years of negotiation, 136 countries have reached agreement on a minimum 15% tax on the profits of multinationals.
But a handful of experts, united in the Independent Commission for the Reform of International Corporate Taxation (ICRICT), have succeeded in bringing the most powerful players in the global economy to heel, by contributing to a global overhaul of international taxation. Tax Wars tells the story of the birth, the struggle and the first victories of these knights of tax justice against the empire of the multinationals.Combating tax evasion is a priority for many humanitarian organizations. It deprives governments of considerable tax revenues for education, healthcare and the fight against global warming. The NGOs behind the creation of Icrict can congratulate themselves on their initiative.Multinationals generate over 3,000 billion dollars in profits every year, yet pay virtually no taxes. These practices deprive governments of $600 billion in tax revenues. After years of negotiation, 136 countries have reached agreement on a minimum 15% tax on the profits of multinationals.THE OBJECTIVE: Revolutionize international taxation so that multinationals finally pay their taxes. These experts criss-cross the globe, pestering ministers and producing numerous reports. The result is spectacular.
Examples of tax resistance campaigns include those advocating home rule, such as the Salt March led by Mahatma Gandhi, and those promoting women's suffrage, such as the Women's Tax Resistance League. War tax resistance is the refusal to pay some or all taxes that pay for war and may be practiced ...
Examples of tax resistance campaigns include those advocating home rule, such as the Salt March led by Mahatma Gandhi, and those promoting women's suffrage, such as the Women's Tax Resistance League. War tax resistance is the refusal to pay some or all taxes that pay for war and may be practiced by conscientious objectors, pacifists, or those protesting against a particular war.Other historic events that originated as tax revolts include Magna Carta, the American Revolution and the French Revolution. War tax resisters often highlight the relationship between income tax and war.In Britain income tax was introduced in 1799, to pay for weapons and equipment in preparation for the Napoleonic wars, whilst the US federal government imposed their first income tax in the Revenue Act of 1861 to help pay for the American Civil War.For example, Henry David Thoreau and William Lloyd Garrison drew inspiration from the American Revolution and the stubborn pacifism of the Quakers. Some tax resisters refuse to pay tax because their conscience will not allow them to fund war, whilst others resist tax as part of a campaign to overthrow the government.Tax resisters have been violent revolutionaries like John Adams and pacifist nonresistants like John Woolman; communists like Karl Marx and capitalists like Vivien Kellems; solitary anti-war activists like Ammon Hennacy and leaders of independence movements like Mahatma Gandhi.
Because there is no tax that goes only to the military, war taxes generally mean individual federal income taxes and as well as some excise taxes (e.g., federal excise taxes on alcohol, tobacco, or local landline telephone service).
It is impossible to conduct modern warfare without soldiers and weapons. But before governments can buy weapons and hire soldiers, they must first raise the necessary money through taxes or borrowing. War tax resistance is refusing to pay some or all of those federal taxes that contribute to military spending.It is impossible to conduct modern warfare without soldiers and weapons.Because there is no tax that goes only to the military, war taxes generally mean individual federal income taxes and as well as some excise taxes (e.g., federal excise taxes on alcohol, tobacco, or local landline telephone service).In this era of high-priced weapons systems and military aid to regional wars, taxation is the closest war-making link between the government and most citizens. War tax resistance represents a direct way to say “NO!” to military programs which cost U.S. taxpayers more than $1 trillion dollars annually.War tax resistance is a powerful way to say NO to nuclear weapons and weapons testing, military aid and arms sales, the ludicrous Star Wars missile defense system, covert CIA violence — to say NO to the militarization of the U.S. federal budget.
