Wednesday, October 17, 2018

You’re Not the Only One Who’s Not Paying Your ‘Nanny Tax’:

Big Tech, big problems FT


How criminals used Canada's casinos to launder millions


Trump calls Stormy Daniels 'horseface' in tweet storm

Donald Trump and Stormy Daniels allegedly had an affair prior to the 2016 elections. ((L) AP: Pablo Martinez Monsivais (R) Reuters: Danny Moloshok)ABC NewsDonald Trump has insulted the physical appearance of adult film actress Stormy Daniels, calling her 'horseface'.


When the New York Times exposed decades of tax cheating and “outright fraud” by the sitting president, it prompted people to ask important questions about the corrupt practices of the Trump family. The answers are central to the future of America.
Where was the Internal Revenue Service? How did the Trumps get away with decades of schemes the Times said allowed them to evade close to a half-billion dollars of income and gift taxes? Is Donald Trump continuing these practices? Is that why he refuses to make his own tax returns public? Can anything be done about it?
I’m in a unique position to answer those questions. I am the Times’ former tax reporter, the journalist who has covered Trump longer than anyone else, more than 30 years. ...
Congress, which makes tax law, has never properly supported the IRS, which I like calling the Tax Police Department.

Wall Street Journal, You’re Not the Only One Who’s Not Paying Your ‘Nanny Tax’:
A number of prominent Americans have been caught neglecting to pay taxes on their child-care help. They’re not alone.
New research provides evidence of the massive underpayment of “Nanny Taxes” owed by employers and workers on the wages paid to household help such as child- and elder-care providers, maids and drivers.
According to economist Brian Erard, only 5% of 3.6 million American households that should be filing forms and paying federal taxes related to household help are doing so [Who is Minding the Nanny Tax?]. ...






Maryse Conde Wins The ‘Alt-Nobel’ Prize For Literature


The Guadaloupean writer, author of I, Tituba: Black Witch of Salem and other books, won The New Academy Prize in Literature, “a new prize established by a group of over 100 Swedish cultural figures as a substitute for this year’s Nobel in Literature, which was not awarded for the first time since 1949 because of a sexual misconduct scandal.”

 Wall Street Journal, Dog Bites Men and Trump Ducks Taxes