Wednesday, January 20, 2021

The FT is saying today that ‘austerity does not work, long live austerity!’

 CCP influence

China talent programs may be accessing Australian technology, linked to grant fraud

  • Anthony Galloway
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Do Everybody know what Day it is?

The Washington Post’s Karen Heller with “Attorney Roberta Kaplan is About to Make Trump’s Life Extremely Difficult.”

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Outstanding Article on Current State of IRS Voluntary Disclosure Practice 

This brief blog today is to alert readers to an outstanding article on the current state and some uncertainties and risks of the IRS Voluntary Disclosure Practice (“VDP”).  Scott Michel and Mark Matthews, The 2020 Revision to the Internal Revenue Manual’s Voluntary Disclosure Practice: More Consistency with Greater Risk(Bloomberg Daily Tax Report 1/12/21), here.  The article is prompted by recent changes to the IRM provisions on the VDP.  IRM 9.5.11.9(1) (09-17-2020), Voluntary Disclosure Practice, here.

This blog post is cross-posted on my Federal Tax Procedure Blog, here.


Aussie banks laundered $500m for cocaine cartels

Australian banks washed $500 million for violent South American cocaine cartels in a sophisticated money-laundering scheme, with the proceeds of crime moving through multiple countries before it was disrupted by Australian law enforcement


The FT is saying today that ‘austerity does not work, long live austerity!’

The FT has published the most extraordinarily confused editorial today. It is on the future direction of macroeconomic policy, and so well within what should Read the full article…


Government funds are not ‘taxpayer money’ and the media and politicians should stop confusing the two 

This article was written by Jonathan Barrett, who is a senior lecturer in Taxation, Te Herenga Waka at the  Victoria University of Wellington, New Zealand,.

Read the full article…


What a Crazy World - COVID 19


The Inaugural Poet, 22 Years Old, Is Probably The Youngest In US History

Amanda Gorman will read a poem called “The Hill We Climb” at the inaugural ceremony on Wednesday (assuming it goes according to plan). “Unlike most 22-year-olds, Gorman has experience in inaugural poetry, having written one for the inauguration of Harvard’s president Larry Bacow.” – LitHub


Lessons From 40 Years Performing Online

“Everything about the experience of using a computer is still flat, everything uses these windows, but then we also have high-speed processes that allow for these windows to actually be functional.” – Howlround


With Michael Apted Gone, Can His ‘Up’ Documentaries Keep Going?

Beginning in 1964 with Seven Up!, Apted made a series of nine films, shot at seven-year-intervals, following the lives of a group of 14 Englishmen and -women from ages 7 through 14, 21, 28, etc. (63 Up was released in 2019.) After his death last week, the 12 remaining subjects and several longtime crew members are considering whether to proceed on to 70 Up, and, if so, how. – The New York Times


Huge Heatwave to sear holidaymakers ahead of Australia Day At Little Bay