"If anything happens, it's not suicide," said Boeing whistleblower before he was found dead in truck
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A Griffith business allegedly claimed to have bought more than $200 million worth of wine that it didn’t actually purchase so it could “fraudulently” claim GST refunds, court documents have revealed.
Sans Pareil Estate, owned by 29-year-old Aaron Salvestrin, went into liquidation in October 2022 and allegedly owes the Australian Taxation Office (ATO) $32 million.
Hackney: Keep Charitable Oversight In The IRS
Cravath has kicked off the seventh season of its “On Tax“ podcast, hosted by tax partner Len Teti:
On Tax takes a decidedly straightforward approach to the tax world, highlighting academic and professional anecdotes and advice from attorneys, bankers, professors, executives, and more. The discussions avoid legal jargon and focus on the humanity inherent in the practice, highlighting the people, connections, and stories that make the space such a fascinating and dynamic area of work. In each episode of On Tax, Len encourages guests to reflect on the key moments in their careers and the lessons they learned along the way.
Tax Profs featured in On Tax podcasts:
- Tom Brennan (Harvard)
- Andrew Hayashi (Virginia)
- Daniel Hemel (NYU) (to be released later in season 7)
- Mitchell Kane (NYU)
- Rebecca Kysar (Fordham)
On Tax can be found wherever you listen to your podcasts, including on Apple, Google, Spotify, iHeartRadio and Deezer.
Collapse on the EU Home Front
Germany continues to self-destruct, more austerity planned for EU, Ursula von der Leyen’s “tools” are sharpened to deal with prole backlash.
U.S. Is Investigating Meta for Role in Drug Sales Wall Street Journal. Lead story + exclusive
US Lawmaker Cited NYC Protests in a Defense of Warrantless Spying Wired
A few social scientists have studied the corrupting effects of power. Pitirim Sorokin and Walter Lunden examined the behaviour of powerful leaders, such as tzars of Russia and kings of England. They found that those with the greatest power were far more likely to commit crimes, such as theft and murder, than ordinary citizens…
Major US corporations threaten to return labor to ‘law of the jungle’
Power isn't the thing that corrupts, but rather, it's that corrupt people are more drawn to power. Thus, we are more likely to see unscrupulous individuals in positions of power because they are more likely than most to pursue it. These people tend to score high in Dark Triad traits, such as psychopathy, narcissism, and Machiavellianism.
It isn't power or power seekers that are the problem, but how we are attracted to bad leaders. We are attracted to confident, charismatic people, but we too frequently confuse their confidence and charisma for competence.
Focusing on the individual in power is a mistake - the system in which one holds power should be the focus. If the system is corrupt, the power holders will inevitably become corrupted by virtue of the illegitimacy of the system in which they hold the power.
Lord Acton, a well-known British historian of the 19th century, once said, “Power tends to corrupt, and absolute power corrupts absolutely", and it's difficult to argue that point. Just take a look at the legal and political systems in democratic countries, whereby power and authority are separated across multiple institutions, so as to safeguard the system and the people within it from corruption and tyranny. There's no denying that advanced Western nations who use this approach provide more prosperity and liberty to their citizens than any other system in recent history.
So perhaps, too much power concentrated in the hands of one group, which would imply absolute power, will inevitably lead to the abuse of that power. This makes me wonder why people would ever think communism is a good idea, seeing as though communistic systems tend to tilt towards the concentration of power into a very small group of individuals. You only have to look back at the 20th century to realise that the concentration of power into the hands of a small group of people almost always leads to tyranny at best, and genocide at worst.
Power seems to be an essential feature of our highly complex social systems, but the question of whether power corrupts or not is a nuanced topic of discussion that I need to continue delving deeper into. I now have questions about the fundamental nature of power, how it arises, why it arises, and the role money plays in all of this, among other things.
Darknet market now extorting former users Paul R: “Lol, even crime has now gotten enshittified.”
‘No CCP in USA!’ Business Insider
People shocked after finding out what clicking ‘I’m not a robot’ actually does
How EV Charger Hacking Threatens Personal Data and the Power Grid Wall Street Journal
