Wednesday, January 23, 2019

Making Sure Money Maneuvers to the Right Pockets



Fears of mass exodus: Liberals brace for more MPs to quit before election

BlackRock accidentally posted spreadsheets full of information on thousands of financial advisors that use its ETFs, calling some ‘dabblers’ and others ‘power users’ Business Insider. BlackRock should fit right in at CalPERS


Gangster Geopolitics: The Kremlin’s Use of Criminals as Assets Abroad Russia Matters

“When You Get That Wealthy, You Start to Buy Your Own Bullshit”: The Miseducation of Sheryl Sandberg Vanity Fair “Gets better when moving past Sandberg, around para eight.”

Chris Bowen: We will have a moral authority for our tax plans

Former head of tax watchdog takes high-profile private tax adviser role

Interactions between accountants and the Australian Taxation Office look set to be much faster and taxpayers will see the flow-on benefits from an overhaul of the nation's digital tax systems.
The tax office has been working on a reboot of the 18 year old architecture of its tax portal systems for several years, but development was paused in 2016 after a widespread outage caused havoc.

Private Groups Stewardship Group Consultation - Secondary - ATO


Private Groups & High Wealth Individuals | Government Online Directory

Deputy Commissioner of Taxation; in the matter of James Hardie Australia Finance Pty Ltd (Deregistered) [2008] FCA 1181 (8 August 2008)

Ari D. Glogower (Ohio State), Taxing Inequality, 93 N.Y.U. L. Rev. 6 1421 (2018)



Economic inequality in the United States is now approaching historic levels last seen in the years leading up to the Great Depression. Scholars have long argued that the federal income tax alone cannot curtail rising inequality and that we should look beyond the income tax to a wealth tax. Taxing wealth also faces two central and resilient objections in the literature: A wealth tax penalizes savings and overlaps with a tax on capital income.


Boston College: The Heights, Ray Madoff Makes Sure Money Maneuvers to the Right Pockets

Like most interesting people in the world, Madoff’s professional journey has been a tumultuous one—marked by a transition from being a big-time corporate lawyer to a blossoming law professor to, finally, the brainy philanthropy expert she is today. After obtaining her undergraduate degree in philosophy from Brown University, Madoff became a tax lawyer, a career path she found predictable given her educational background.


“A friend of mine has a theory that all philosophy majors that go to law school become tax lawyers,” Madoff said.


analytical philosophy undergraduate background trained her to ask big questions—pondering the nature of goodness as a philosophy undergrad naturally led her to debate classic tax dilemmas, such as the nature of borrowing money as opposed to investing money. For nine years, Madoff exercised her analytical philosophy skills as a tax attorney before moving on to a job she was not nearly as prepared for: teaching at BC Law.




Court Strikes Down Iowa’s ‘Ag-Gag’ Law That Blocked Undercover Investigations - NPR – “A federal judge in Iowa says it’s no longer a crime to go undercover at factory farms, slaughterhouses and any other ag-related operations. The 2012 law was a clear violation of the First Amendment, the judge said. The Animal Legal Defense Fund, one of the plaintiffs in the case, called the ruling “a win for free speech and animal protection.” “Ag-Gag laws are a pernicious attempt by animal exploitation industries to hide some of the worst forms of animal abuse in the United States,” ALDF Executive Director Stephen Wells said in a statement. “Today’s victory makes it clear that the government cannot protect these industries at the expense of our constitutional rights.” “It was never the intent of farmers to infringe on others’ constitutional rights,” the Iowa Pork Producers Association said, as reported by the Des Moines Register. “We were relying on the courts to help us protect our rights to lawfully conduct our businesses and care for our animals.”…

"Best in show" will drive performance - article discussing Productivity Commission's recommendation of "best in show" model for superannuation.