… The selections found here chart a grand movement, leaping about as the larger book-length work does, but providing a sense of the flowing whole. James’s is a poem of memory, which is to say, of place and passion—one in which figures appear and reappear, ideas remain, and books form “walls of color / The sunlight will titrate from spring to autumn.”
New York Times, Hobbled by Budget Cuts, the I.R.S. Brings Fewer Tax Fraud Cases:
Tax
evasion is at the center of the criminal cases against two associates
of the president, Paul Manafort and Michael D. Cohen. The sheer scale of
their efforts to avoid paying the government has given rise to a
head-scratching question: How were they able to cheat the Internal
Revenue Service for so many years?
… The selections found here chart a grand movement, leaping about as the larger book-length work does, but providing a sense of the flowing whole. James’s is a poem of memory, which is to say, of place and passion—one in which figures appear and reappear, ideas remain, and books form “walls of color / The sunlight will titrate from spring to autumn.”
Richard Pinedo, 28, of Santa Paula, California, received his sentence on Wednesday after admitting in February to selling bank account numbers so his clients could circumvent security features on electronic payment services including PayPal. Since then, he's been cooperating with Special Counsel Robert Mueller's probe of Russian interference in the election and has turned over business records and testified before a grand jury.
Among Pinedo's customers were Russians indicted by Mueller for engaging in a wide-ranging effort to influence the election via social media and staged public events. They bought stolen bank account information from Pinedo -- who had acquired it from other online sources -- then wielded it to sign up for online payment services that require users to have a verifiable bank account for identity confirmation.
How City of London finance is making us poorer – infographic
A new report published today by the Sheffield Political Economy Research Institute at the University of Sheffield reveals the UK’s oversized financial sector has cost the economy £4.5 trillion in lost economic output between 1995 and 2015 – equivalent to £67,500 for every person in the UK.
The report finds that the UK economy would likely have performed much better in overall growth terms if its finance sector was smaller, and if finance was more focused on supporting other productive areas of the economy.
Also published today is a new book by Nicholas Shaxson, entitled The Finance Curse: How Global Finance is Making Us All Poorer. The book sets out a new economic framework referred to as the “finance curse” for understanding how a financial centre that has grown above its useful size and role becomes predatory and harmful to the economy that hosts it. He argues the City of London is draining resources and talent from other economic sectors, creating large economic inequalities and spurring financial crises.
Scroll down to view infographics and videos about the finance curse and how it impacts on us all. You can read Nicholas Shaxson’s Guardian long read here, his blog here and our full press release here.
The report finds that the UK economy would likely have performed much better in overall growth terms if its finance sector was smaller, and if finance was more focused on supporting other productive areas of the economy.
Also published today is a new book by Nicholas Shaxson, entitled The Finance Curse: How Global Finance is Making Us All Poorer. The book sets out a new economic framework referred to as the “finance curse” for understanding how a financial centre that has grown above its useful size and role becomes predatory and harmful to the economy that hosts it. He argues the City of London is draining resources and talent from other economic sectors, creating large economic inequalities and spurring financial crises.
Scroll down to view infographics and videos about the finance curse and how it impacts on us all. You can read Nicholas Shaxson’s Guardian long read here, his blog here and our full press release here.
Pope Francis compared abortion to a mafia-style killing on Wednesday, saying it's the equivalent of hiring a hit man to "take out a human life to solve a problem."
It is an oft repeated adage that if you are not paying for a product, then you are the product. This comment has traditionally been directed at products like Google, Facebook, and Instagram, but it is not just large software companies that are making use of consumer data as “payment” for their services. NPR recently published a story about a café in Rhode Island that is taking this one step further. They sell coffee in exchange for data.
Paying with Data
BILL & HILLARY CLINTON GET FESTIVE IN GERMANY… Mostly Bill TMZ. Couldn’t resist linking to the photo in the first link…nor this headline: Prost!
A beaming Bill Clinton hugs women in Bavarian Dirndl dresses as he and
Hillary live it up at Oktoberfest in Munich during German getaway Daily Mail
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- The ATO is reportedly coming after the big four accountancy firms for tax schemes(10 Oct 2018)
- Roman Abramovich loses battle with French taxman over Riviera chateau(10 Oct 2018)
- EU pushes for new tax on tech giants 'by Christmas' (10 Oct 2018)
- Trump's America Is a Great Place to Cheat on Taxes (10 Oct 2018)
- House of Common Library Briefing Paper - Tax avoidance: recent developments (10 Oct 2018)
- 'Let's sort out tech giant tax now' (10 Oct 2018)
- Philip Hammond 'poised to launch Budget raid on income tax' to fund PM's £20bn boost for NHS(10 Oct 2018)
- HMRC: Potential tax from technology sector in the billions(10 Oct 2018)
- Ireland Multinationals hit with surprise tax on assets exiting State (10 Oct 2018)
- EU schemes to sell visas pose money laundering risks (10 Oct 2018)
- Paddy Power Betfair hit as Ireland doubles gambling tax (10 Oct 2018)
- Unions accuse Chevron of 'massive' tax avoidance via the Netherlands (9 Oct 2018)
- UBS tax fraud trial opens in Paris (9 Oct 2018)
- 90% of Europe's biggest banks have been sanctioned for money laundering (9 Oct 2018)
- MPs demand explanation for not investigating 'Russian money laundering'(9 Oct 2018)
- Record £160m paid for UK's most expensive home ever sold - sold to an offshore buyer through Guernsey, no way of knowing the real owner (9 Oct 2018)
- Australia: Deloitte, EY, KPMG, PwC deny promoting tax avoidance schemes (9 Oct 2018)
- Leo Varadkar plots crackdown on tax avoidance by wealthy (9 Oct 2018)
- More Corporate Welfare - Screen Business: how tax incentives help power economic growth across the UK (9 Oct 2018)
- UK film and TV sees record investment (9 Oct 2018)
- Another Useless Gimmick: UK Government launches first public sector counter fraud profession (9 Oct 2018)
- Tax purge slashes flow of offshore pension cash (9 Oct 2018)
- Guatemala's former vice-president jailed for 15 years on corruption charges (9 Oct 2018)