Maricar Santos Rosauro was found by the Tax Practitioners Board to have submitted a total of 43 JobKeeper applications on behalf of 19 clients despite failing to obtain their permission.
She also lodged a total of 147 business activity statements on behalf of her clients, falsely declaring to the ATO that she had prepared the documents in accordance with information supplied by those in clients and had received authorities from them to lodge
Maricar Santos Rosauro was found by the Tax Practitioners Board to have submitted a total of 43 JobKeeper applications on behalf of 19 clients despite failing to obtain their permission.
Sydney tax agent axed over JobKeeper fraud
CEO pay rises to $12.7M even as pandemic ravages economy
AP: “As COVID-19 ravaged the world last year, CEOs’ big pay packages seemed to be under as much threat as everything else. Fortunately for those CEOs, many had boards of directors willing to see the pandemic as an extraordinary event beyond their control. Across the country, boards made changes to the intricate formulas that determine their CEOs’ pay — and other moves — that helped make up for losses created by the crisis. As a result, pay packages rose yet again last year for the CEOs of the biggest companies, even though the pandemic sent the economy to its worst quarter on record and slashed corporate profits around the world. The median pay package for a CEO at an S&P 500 company hit $12.7 million in 2020, according to data analyzed by Equilar for The Associated Press. That means half the CEOs in the survey made more, and half made less. It’s 5% more than the median pay for that same group of CEOs in 2019 and an acceleration from the 4.1% climb in last year’s survey…”
Capitalists Exploit Workers — Even When They’re “Socialists” Jacobin
Why is anyone shocked that a donor can influence the hiring decisions at an elite Law School? That’s what it’s all about. Barbara Bedont
Suddenly Wealthy From Markets, Some Millennials Are Stressed WSJ
What You Should Be Paid vs. What You Are Getting Paid Capital & Main
Why We Need to Democratize Wealth: the U.S. Capitalist Model Breeds
Selfishness and Resentment Counterpunch
Famous economists’ grave sites.
The Bottom 90% of Americans Are Borrowing From the Top 1% Bloomberg (HM). Original paper
Internal Letter Circulates at Apple – and Leaks to The Verge – Pushing Back Against Returning to the Office Daring Fireball
Michelle M. Kwon (Tennessee), Trap Door: Using Taxes To Fight The Opioid Epidemic, 93 Temple L. Rev. 343 (2021):
By the late 1990s, a cultural shift that helped to normalize prescription opioid use was underway in the United States. Pharmaceutical companies, regulators, and prescribers were among the intentional or unwitting change agents in this cultural revolution. Between 1999 and 2010, the number of opioid prescriptions written in the United States increased by 300%. Between 1999 and 2015, the number ofopioid-related deaths quadrupled. Like a prescribed wildland burn that grows out of control, America's dependence on prescription opioids has become overpowering and uncontainable. The opioid epidemic has taken an obvious human toll. It has also exacted a charge to the economy from the burdening of our health care, law enforcement, and criminal justice systems to the loss in productivity and tax revenues.
Once the alarm was sounded, lawmakers began to fight the opioid war by pushing and pulling on various policy levers, including educational campaigns and regulation. Since 2018, five states have enacted taxes or fees on prescription opioids. Much has been written about the effectiveness of various educational campaigns and regulatory reforms to quell the opioid epidemic, but missing from the discussion is the use of price instruments such as taxes. This Article fills that gap by considering whether a tax on prescription opioids could be an effective strategy to combat America's opioid crisis.