Wednesday, March 22, 2017

Russian Revolution: Dirty Dozen; Stopping Tears

 People are trapped in history, and history is trapped in them. 
~James Baldwin, Notes of a Native Son

The fool is happy that he knows no more. Alexander Pope, An Essay on Man more

DON’T TRY TO FIX IT: “I just need you to listen.” 

Russia accused of hindering UK money laundering investigations
Your long articles on money laundering by Russia (From Russia with a love of anonymity, 21 March) make a powerful case for action, but we must go back to its origins if we are to understand how it happened and to avoid any repetition
Listening to Havel: The west failed Russia at a crucial time. Now we're paying the price ... 

Keynesianism and the Great Recession
Why abandoning Keynesianism in favor of neoliberalism set up the financial crisis and led to inadequate post-crisis responses  James Cumes

The Economist Daily Chart by the Data Team – Donald Trump’s ‘America First’ budget would make deep cuts to domestic programmes – Graphic detail


"The Revolt of the Judges: What Happens When the Judiciary Doesn't Trust the President's Oath." Benjamin Wittes and Quinta Jurecic have this post at "Lawfare."

Democrats Need to Understand Why the Rust Belt’s White Workers Still Support Trump Nation (resilc). How about, “Democrat mouthpieces say on almost a daily basis that they loath them”? Separately, this reinforces the narrative that loser white hicks are to blame for Hillary’s loss. Repeat after me: the same number of whites voted for Trump as Romney. Fewer blacks and Hispanics voted for Hillary than Obama. Or read Lambert’s deep dive. His big takeaway:

The matrix I present identifies six pathways to misfortune for the Clinton campaign, two of which are primary or critical. They are:
A. The Democrat Establishment
B. Clinton’s “Deplorables” Gaffe
C. Clinton Repels the Left
D. “It’s The Economy, Stupid!”
E. Voter Registration and Turnout Failure

F. The Undecideds Break for Trump

Designing fiscal policies to support gender equality is good for growth.
Like many rich-country governments, Britain’s prides itself on pursuing policies that promote sexual equality. However, it fails to live up to its word, argues the Women’s Budget Group, a feminist think-tank that has been scrutinising Britain’s economic policy since 1989. A report in 2016 from the House of Commons Library, an impartial research service, suggests that in 2010-15 women bore the cost of 85% of savings to the Treasury worth £23bn ($29bn) from austerity measures, specifically cuts in welfare benefits and in direct taxes. Because women earn less, rely more on benefits, and are much more likely than men to be single parents, the cuts affected them disproportionately.  

Lawyer defending arson suspect flees court with pants on fire

Tim Berners-Lee says privacy needs fixing – and calls for 'algorithmic transparency'

The Expert’s Guide to Crying at Work Bloomberg. “Recent research from the Harvard Business School has found the secret to turning tears into workplace gold: make them evidence of your professional passion.” Will that work in an Amazon warehouse? Inquiring minds want to know!

Kay Bell, Watch out for the Dirty Dozen tax scams of 2017. Phishing and phone scams lead the list

The Duke Reporters' Lab found 114 dedicated fact-checking initiatives in 47 countries in its latest census. Growth was concentrated outside of the United States.
Robots Will Soon Do Your Taxes. Bye-Bye, Accounting Jobs Wired 

This week the European Parliament took an important step in combatting financial secrecy. A joint committee voted on amendments to the new anti-money laundering directive that would mean citizens should have access to the beneficial owners of companies.

The amendments also brought trusts into the scope of the legislation and not trusts will be subject to the same rules on transparency as other legal entities.

To see why this is important, check out our report – Trusts, Weapons of Mass Injustice here.

The myth of Machiavelli as an amoral schemer is just that — a myth. But as to whether he had a dim view of women, even by the standard of Florentine men of his era: guilty as charged  

Jared Walczak, 
Washington Legislature Takes Up Formal Income Tax Ban (Tax Policy Blog)

Jim Maule, So Who Should Pay Taxes for Police Protection? “As explained in this article and others, the governor of Pennsylvania has proposed that Pennsylvania towns relying on the state police for all policing in the town pay a $25 per-person tax for those services.”

Crisis, Committees and Consultants: The Rise of Value-For-Money Auditing in the Federal Public Sector in Canada

Brookings – Why we made a computer game about the federal budget:
We decided to build a computer game. It’s called “The Fiscal Ship” — and you can play it yourself at It’s a partnership between The Hutchins Center at Brookings and the Woodrow Wilson International Center for Scholars.”

The Despot's Guide to Wealth Management - On the International Campaign against Grand Corruption 
New book by Jason Sharman

Further on Contempt Sanctions for Failure to Produce Foreign Documents 

I previously blogged on a case In re Various Grand Jury Subpoenas, 2017 U.S. Dist. LEXIS 9697 (SD NY 2017), involving contempt sanctions for failing to produce foreign bank and entity documents allegedly in the control of the person subject to the grand jury subpoena.  See Contempt Sanctions Continued in GJ Subpoena for Required Records (Federal Tax Crimes Blog 1/25/17), here.  On February 13, 2017, Judge Pauley issued a further order staying the effective date for the contempt sanction of $1,000 per day to comment from February 14, 2017 to March 20, 2017 to permit the subpoenaed party additional time to arrange with the foreign entities and coordinate with the Government to produce the documents.  The key documents for this new opinion are:=

The order, here

The motion was filed but apparently the memo in support was filed under seal; 

the motion was  just  the bare motion, so I don't link it.

The United States response, here

The subpoenaed person sought to purge the contempt order previously issued by showing that she had complied with the compulsion in the subpoena by requesting that the Swiss banks produce the records directly to the Government.  One of the banks notified the person that, under Swiss law, it could not produce the documents to the Government.  But, the Government urged, whether or not that was true, with the right form of request (requesting production to her rather than the Government), the banks could produce the documents to the person and she could then provide them to the Government.  Judge Pauley gave the additional time to make sure that she had the time necessary to get the documents, but he makes clear that the Government will not wait forever -- hence the March 20, 2017 date.

Via Professor Bainbridge – This is a massive blog with plenty of information about law, politics, religion, culture and food