Friday, February 03, 2017

Ecclesiastes Approach to Wealth

“Forgive, O Lord, my little jokes on Thee
And I'll forgive Thy great big one on me.”

One wants at last
to cede the field
to tamarisk
and mastic tree,
To olive and stone,
Stones in the fruit,
Seeds in the stone...

Capitalist shoots pushing out of socialist pavement...

Best tweet about SCOTUS nominee Neil Gorsuch to date

 Warren Buffett: I bought $12 billion of stock after Trump won Reuters

The economic problems of famous aging artists and recycled MEdia Dragons 

ENDORSED: “You are picking up your child! GET OFF YOUR PHONE!!!! Your child is happy to see you! Are you not happy to see your child??” Day care’s message to parents goes viral

“The Edge... There is no honest way to explain it because the only people who really know where it is are the ones who have gone over.”
Hunter S. Thompson, Hell's Angels: A Strange and Terrible Saga 

“The Chinese use two brush strokes to write the word 'crisis.
' One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger--but recognize the opportunity.”
― courtesy of Irish wordsmith -  John F Kennedy

It is one and the same thing to be living and dead, awake or asleep, young or old. The former aspect in each case becomes the latter, and the latter becomes the former, by sudden unexpected reversal. As imrich become impoor ...

It’s all right
Unless you’re either lonely or under attack.
That strange effortful
Repositioning of yourself. Laundry, shopping,
Hours, the telephone—unless misinformed—
Only ever ringing for you, if it ever does.
The night—yours to decide,
Among drink, or books, or lying there.
On your back, or curled up.
An embarrassment of poverty.
  • Michael Hofmann in Letters to Imrich

“I believe in evil. It is the property of all those who are certain of truth. Despair and fanaticism, historically sources of incredible destructiveness, are only differing manifestations of evil.” Edward Teller ... read more

Wasps have trading partners and compete for the ‘best trade deals’: study 


9th JDS Authorized for Sovereign Management & Legal LTD Information (1/24/17)

DOJ Tax announced here the unsealing of a district court order, here, to serve a John Doe Summons on "to serve a John Doe summons on Michael Behr of Bozeman, Montana, seeking information about U.S. taxpayers who may hold offshore accounts established by Sovereign Management & Legal LTD(SML), a Panamanian entity."  The order seeks "records of U.S. taxpayers who, during the years 2005 to 2016, had been issued a 'Sovereign Gold Card' debit card that could be used to access the funds in those accounts in such a manner as to evade their obligations under internal revenue laws."

Transfer Pricing and Profit Shifting: What a Minnesota mining lawsuit teaches us about global trade

 Robert T. Kudrle (Minnesota), Tax Havens and the Transparency Wave of International Tax Legislation, 37 U. Pa. J. Int'l L. 1153 (2016):

Tax havens have posed an increasingly important challenge to the world economy, yet they receive little attention in the international economic law and policy literature. This relative neglect springs largely from taxation’s tangential connection with the major structures of international economic governance. But a highly developed treaty regime has been in place for decades. The first wave of legalization aimed at relief from double taxation grew from an influential template for bilateral tax treaties promulgated by the League of Nations and the OECD. Developments outside that regime, particularly the growth of tax havens, generated the need for a second wave that began with a 1998 OECD report proposing cooperative action to combat both tax avoidance and evasion.


HMRC releases most optimistic Self Assessment expense claims  

Changes in Family Wealth, 1989 to 2013 – January 18, 2017 Presentation by Nadia Karamcheva, an analyst in CBO’s Microeconomic Studies Division, to the Savings and Retirement Foundation in Washington, D.C. “From 1989 to 2013, family wealth grew at significantly different rates for different segments of the U.S. population, and the distribution among the nation’s families was more unequal in 2013 than it had been in 1989.”