The Psychology of Social Media Addiction - Cloudnames blog
The surprisingly successful addict. During her battle with alcohol, Leslie Jamison got prestigious degrees, sold a novel, and took the world by storm
After Retiring From The IRS At 58, Dorothy Steel Started Acting At 88 And Hit It Big At 92 In 'Black Panther'
*The cost of privilege
This research, commissioned by Anglicare Australia, shows that each year, a staggering $68 billion in taxpayer dollars, greater than the cost of Newstart, disability support, or any other benefit, is spent keeping the wealthiest Australian households wealthy
Pecuniary penalties for competition law infringements in Australia 2018
This report compares Australia's pecuniary sanctions regime for competition law infringements to that of a number of other major OECD jurisdictions. Pedro Caro de Sousa, Sean Ennis, Semin Park
Raj Chetty of Harvard University and Emmanuel Saez of University of California (UC), Berkeley, created a big media splash last summer with a study showing that social mobility—the income status of adult children relative to their parents—correlates with where the children grew up. The study, based on an analysis of millions of U.S. tax records that had been largely off-limits to researchers, has fed the public perception that the American dream of equal opportunity for all may be fading. It also bolstered the reputations of the two young superstars—each has received the top prize for economists under 40 and a MacArthur “genius” award. And it has left their colleagues wondering how they pulled off such a feat.
“It was very entrepreneurial of them to get access to the data, which is not normally available,” says Gary Solon, an economist at Michigan State University in East Lansing who has done pioneering work on social mobility using small data sets from surveys, the traditional approach to studying the topic. “You need the energy and perseverance and connections. My guess is that it was probably some combination of skill and luck.”
“It was very entrepreneurial of them to get access to the data, which is not normally available,” says Gary Solon, an economist at Michigan State University in East Lansing who has done pioneering work on social mobility using small data sets from surveys, the traditional approach to studying the topic. “You need the energy and perseverance and connections. My guess is that it was probably some combination of skill and luck.”
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*Slovak PM resigns after journalist’s murder OCCRP
‘Prime Minister Robert Fico resigned … following mass protests and political turmoil over the murder of a journalist who delved into corruption and links between organized crime and politics.’
Tax Commissioner Chris Jordan offends accountants with rort comments
Australian Tax Office cracking down on holiday home owners ...
Secret BCA commitment to Senate shows members ...
The secret vow, which has emerged in the midst of the business blitz on the Senate crossbench to pass the Turnbull government's company tax cuts, would bind the likes of Qantas, Fortescue and BHP to "pay our tax and show our commitment by signing the ATO's tax transparency standard."
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The Elephant Always Forgets: U.S. Tax Reform and the WTO, by Reuven Avi-Yonah (Michigan) & Martin Vallespinos (S.J.D. 2018, Michigan)
James R. Repetti (Boston College) presents Tax Rates, Efficiency and Inequality at BYU today as part of its Tax Policy Colloquium Series hosted by Cliff Fleming and Gladriel Shobe:
Traditionally,
the great democracies of the western world assigned equal weight to
distributive justice and economic efficiency in designing a tax system.
In the past few decades, however, economic efficiency has dominated the
debate about the best design of a tax system in politics and in analysis
by legal academics. Discussions of progressive tax rates often focus on
the adverse efficiency effects of high rates while ignoring benefits
arising from a progressive rate structure’s reduced burden on lower
income individuals. For example, many advocate low tax rates on
investment income to reduce the efficiency effects of taxing savings.
In
an attempt to increase efficiency, individual tax rates have decreased
over the past 60 years. In 1956, the maximum statutory tax rate was 91%.
Currently, the maximum tax rate is 37%. At the same time that tax rates
were reduced, inequality increased, fueled in part by the declining tax
rates.
There are several explanations for the intense focus on efficiency.
IRS Referrals for Criminal Prosecution Reach New Low
“The latest available data from the Justice Department show that during January 2018 the government reported receiving 135 new referrals for prosecution from the Internal Revenue Service. According to referral-by-referral data obtained by the Transactional Records Access Clearinghouse (TRAC), this number was down substantially from its peak four years ago. For the most recent twelve month period this meant that IRS referred only 1,824 taxpayers for criminal prosecution, compared with the same twelve month period four years ago when it had referred more than twice that number (3,896). http://trac.syr.edu/tracreports/crim/502/.”
Why are corporate penalties for cartels so low in Australia?
Regulation of Beneficial Ownership in Latin America and the Caribbean
My
paper - Andres Knobel - on “Regulation of Beneficial Ownership in Latin
America and the Caribbean” which I wrote for the Inter-American
Development Bank is now available in Spanish and English here. The
paper, published in November 2017, provides an explanation on the
concept, obstacles and … [Read more...]
Over
the past decade, a number of well-publicized data leaks have revealed
the secret offshore holdings of high-net-worth individuals and
multinational taxpayers, leading to a sea change in cross-border tax
enforcement. Spurred by leaked data, tax authorities have prosecuted
offshore tax cheats, attempted to recoup lost revenues, enacted new
laws, and signed international agreements that promote “sunshine” and
exchange of financial information between countries.
The
conventional wisdom is that data leaks enable tax authorities to detect
and punish offshore tax evasion more effectively, and that leaks are
therefore socially beneficial from an economic welfare perspective. This
Article argues, however, that the conventional wisdom is too
simplistic.
Miranda Stewart (Australian National University), Redistribution Between Rich and Poor Countries:
The topic of redistribution between rich and poor countries opens a can of worms. This paper first inquires into what we mean by some of these words and second, considers the role of taxation in redistribution. It briefly considers the various modes of redistribution to address poverty and inequality, including the role of taxation, within a country before turning to consider modes of redistribution between rich and poor countries. The paper then turns to consider whether we are asking the right question. Should the question, really, be about redistribution between rich and poor people? In an increasingly global and digital era, how might we reconsider the role of taxation in achieving this?
The topic of redistribution between rich and poor countries opens a can of worms. This paper first inquires into what we mean by some of these words and second, considers the role of taxation in redistribution. It briefly considers the various modes of redistribution to address poverty and inequality, including the role of taxation, within a country before turning to consider modes of redistribution between rich and poor countries. The paper then turns to consider whether we are asking the right question. Should the question, really, be about redistribution between rich and poor people? In an increasingly global and digital era, how might we reconsider the role of taxation in achieving this?
New York Times, A Curveball From the New Tax Law: It Makes Baseball Trades Harder:
As President Trump congratulated the World Series champion Houston Astros at a White House ceremony last week, he also heaped praise on himself and congressional Republicans for passing a sweeping tax cut last year. He hailed Representative Kevin Brady of Texas, the House’s chief tax writer and an Astros superfan, as “the king of those tax cuts.”
Boston College hosted the annual Boston College-Tulane Tax Roundtable on Friday:
James Alm (Tulane), Is the Haig-Simons Standard Dead? The Uneasy Case for a Comprehensive Income Tax
Discussant: Rebecca Kysar (Brooklyn)
Discussant: Rebecca Kysar (Brooklyn)
Thomas Brennan (Harvard), Debt and Equity Taxation: A Combined Economic and Legal Perspective
Discussant: James Repetti (Boston College)
Discussant: James Repetti (Boston College)
Heather Field (UC Hastings), Tax Lawyers as Tax Insurance
Discussant: Natalya Shnitser (Boston College)
The Financial Secrecy Index Identifies the Countries Most Responsible for the Illicit Financial Flows that Facilitate Global Corruption The Global Anticorruption Blog
Tax Justice & Extractives: Toolbox from Latin America Global Alliance for Tax Justice
Authorities seize control of bank at center of Malta corruption scandal The Guardian
‘Maltese authorities took control of Pilatus Bank that is at the center of a scandal exposed by the murdered journalist Daphne Caruana Galizia’ See also:
Malta freezes Pilatus bank’s operations after chairman’s arrest Reuters, Whistleblower fears for life as US arrests Malta bank chair EU Observer
Australian tax justice movement fights Trump-style corporate tax cuts Global Alliance for Tax Justice
Latvia to phase out shell company accounts in banking sector Public Broadcasting of Latvia
ICRICT welcomes the proposal by the European Commission to introduce a digital services tax
See also: Taxation of digital companies: No free ride for Google and Co. Sven Giegold
‘Secret’ tax deals with multinationals soar despite scandals EurActiv
Shell company frontmen could be jailed under UK property transparency plans The Guardian
Slovak PM resigns after journalist’s murder OCCRP
‘Prime Minister Robert Fico resigned … following mass protests and political turmoil over the murder of a journalist who delved into corruption and links between organized crime and politics.’
Swiss charge three Germans in bank secrecy clash Reuters
“This is justice-for-hire, intimidation. It is supposed to tell every European that he will go to jail if he uncovers wrongdoing by a Swiss bank”
Panama Papers Law Firm Mossack Fonseca Closes Its Doors ICIJ
See also: Global Witness Statement on news that Panamanian law firm Mossack Fonseca is to close
Britain set to ban secretive Scottish shell companies to halt flow of dirty Russian money Herald Scotland
Discussant: Natalya Shnitser (Boston College)
The Financial Secrecy Index Identifies the Countries Most Responsible for the Illicit Financial Flows that Facilitate Global Corruption The Global Anticorruption Blog
Tax Justice & Extractives: Toolbox from Latin America Global Alliance for Tax Justice
Authorities seize control of bank at center of Malta corruption scandal The Guardian
‘Maltese authorities took control of Pilatus Bank that is at the center of a scandal exposed by the murdered journalist Daphne Caruana Galizia’ See also:
Malta freezes Pilatus bank’s operations after chairman’s arrest Reuters, Whistleblower fears for life as US arrests Malta bank chair EU Observer
Australian tax justice movement fights Trump-style corporate tax cuts Global Alliance for Tax Justice
Latvia to phase out shell company accounts in banking sector Public Broadcasting of Latvia
ICRICT welcomes the proposal by the European Commission to introduce a digital services tax
See also: Taxation of digital companies: No free ride for Google and Co. Sven Giegold
‘Secret’ tax deals with multinationals soar despite scandals EurActiv
Shell company frontmen could be jailed under UK property transparency plans The Guardian
Slovak PM resigns after journalist’s murder OCCRP
‘Prime Minister Robert Fico resigned … following mass protests and political turmoil over the murder of a journalist who delved into corruption and links between organized crime and politics.’
Swiss charge three Germans in bank secrecy clash Reuters
“This is justice-for-hire, intimidation. It is supposed to tell every European that he will go to jail if he uncovers wrongdoing by a Swiss bank”
Panama Papers Law Firm Mossack Fonseca Closes Its Doors ICIJ
See also: Global Witness Statement on news that Panamanian law firm Mossack Fonseca is to close
Britain set to ban secretive Scottish shell companies to halt flow of dirty Russian money Herald Scotland
