The I.R.S. is often unable to detect or fight blatant tax cheating by the rich and big businesses. Restoring the missing revenue is a solution that pays for itself
~ Toowoon Bay - ABC
The Australian Taxation Office (ATO) has revealed it is still owed hundreds of millions of dollars from companies that have attempted to rort the JobKeeper wage subsidy, were declared ineligible or were overpaid.
Key points:
- More than 31,600 applicants for JobKeeper were rejected due to ineligibility or fraud
- Twenty Australian companies have volunteered to repay $144 million worth of payments, but the ATO has so far received just $20 million
- Individuals and companies are also having to repay incorrect payments for the early super release scheme and business cash flow boost
In an exclusive interview, ATO second commissioner Jeremy Hirschhorn told ABC News that while the agency had already rejected and clawed back millions of dollars' worth of coronavirus stimulus payments, its compliance action was ongoing.
JobKeeper and early super release rorts and overpayments on the rise
Wall Street Journal, The Billionaire Behind the Biggest U.S. Tax Fraud Case Ever Filed:
Prosecutors accused Robert Brockman, a litigious, sometimes penny-pinching software entrepreneur, of hiding $2 billion from the Internal Revenue Service. ...
[In] the largest criminal case ever brought against a person accused of evading U.S. taxes, [f]ederal prosecutors in October charged Mr. Brockman with using a web of offshore entities to concealabout $2 billion in income from the Internal Revenue Service.
Originalism’s Original Sin Chronicle of Higher
You may not have heard of Robin Dunbar. But you will, perhaps, know of his work. Dunbar, now emeritus professor of evolutionary psychology at Oxford University, is the man who first suggested that there may be a cognitive limit to the number of people with whom you can comfortably maintain stable social relationships – or, as Stephen Fry put it on the TV show QI, the number of people “you would not hesitate to go and sit with if you happened to see them at 3am in the departure lounge at Hong Kong airport”. Human beings, Dunbar found when he conducted his research in the 1990s, typically have 150 friends in general (people who know us on sight, and with whom we have a history), of whom just five can usually be described as intimate.
Friends by Robin Dunbar review – how important are your pals? Guardian
Cronkite signed off 40 years ago; it seems like an eon in news standards The Hill
The Dangers of Brain Science Overdetermining Legal Outcomes Literary Hub. Judge Jed Rakoff.
Originalism’s Original Sin Chronicle of Higher
These sea slugs sever their own heads and regenerate new bodies Sky News
The Stocks Rotation Ride Is Real, and ViolentBloomberg
Google advised mental health care when workers complained about racism and sexism NBC
Google image search cements national stereotypes of ‘racy’ women Deutsche Welle