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Wealth taxation in Colombia led to behavioral responses, according to a recent study. Taxpayers promptly reduced their reported wealth to fall below higher tax brackets by misreporting assets that authorities cannot verify. This behavior persisted even after the tax policy ended, resulting in lasting impacts on wealth distribution and government revenues. Taxpayers also engaged in strategies to evade taxation, such as underreporting non-third-party-reported assets and hiding assets in hard-to-track entities in tax havens. These findings provide insights into the effects of wealth taxation and the challenges of enforcement.
Please enjoy this beautiful and comforting "Message From All Pets In Heaven And Rainbow Bridge" brought to you by Little Jo, my beloved big special Border Collie dog, who was my soulmate in this world for 15.5 years, who's recent passing away absolutely broke my heart. This message is what I believe that all pets would like to say to their pet humans after they leave this world. Credits: Piano music written, performed, recorded and produced by Steve Jacobson (from his "Expressions" CD recorded in 2004) Piano music mixed by Eric Greedy Piano music mastered by Jeff King Video by Steve Jacobson
The entire series is now an Infomentary! Watch it here:
https://youtu.be/ihwoIlxHI3Q[OriginalDescription] The C.I.A. classified a 284-page book on earth's c...