Wednesday, December 02, 2020

Policy Costings

Sunak’s spending review is austerity-light  (26 Nov 2020)

France demands digital tax payments from US tech groups (26 Nov 2020)


HM Treasury: Policy costings: November 2020 (25 Nov 2020)




A new permanent national Surge Reserve public service workforce is to be created to respond to emergencies, after key service agencies experienced an explosion in demand responding to the summer fires and the COVID-19 pandemic.

According to the new 2019-20 State of the Service report, Services Australia processed 1.3 million JobSeeker claims over a 55-day period, a claim volume normally processed in 2½ years. Calls to the Australian Taxation Office also increased by 106 per cent in April compared to the same time last year.

Service Australia and the ATO scrambled to beef up staffing, with the ATO using its contract staff normally used to manage the peak of tax returns in July.


 

Washington Post, NRA Reports Alleged Misspending by Current and Former Executives to IRS:

NRA Logo (2019)After years of denying allegations of lax financial oversight, the National Rifle Association has made a stunning declaration in a new tax filing: Current and former executives used the nonprofit group’s money for personal benefit and enrichment.

The NRA said in the filing that it continues to review the alleged abuse of funds, as the tax-exempt organization curtails services and runs up multimillion-dollar legal bills. The assertion of impropriety comes four months after the attorney general of New York state filed a lawsuit accusing NRA chief executive Wayne LaPierre and other top executives of using NRA funds for decades to provide inflated salaries and expense accounts.


Money made people happier but psychotherapy did not


Carrying costs exceed liquidity premium: Lion cheaper than a pedigree kitten in Japan.  The lion might cost less than $1000


Arnold Kling isn’t sure how effective the new vaccines will be, more here.  I am myself very optimistic, but happy to pass along other points of view

Noah’s new Sub stack


S–t Public Defenders See: Innocent, But Fined Matt Taibbi 

 

Deplorables, or Expendables? American Conservative

 

The Rich Kids Who Want to Tear Down Capitalism New York Times 

 

Over 100 Academics Endorse Sanders’s Student Debt Cancellation Plan American Prospect 

 

Forgive Us Our Debts New York Times