Monday, May 30, 2022

Exclusive Breaches: Prime Minister Boris Johnson pictured drinking at Downing Street party during lockdown

The man is alleged to have stripped the "classified" status from files relating to 500 departmental projects, before forwarding them to his personal email address to access at home.

A figure familiar with the "serious" breach of security protocols told the ABC the contractor removed the classification ratings from documents so his actions did not trigger an internal departmental alert system.

Hundreds of classified Home Affairs documents believed sent to unsecured address in 'serious' breach of security protocols


Kill off the AAT, it’s stacked with Morrison’s Liberal mates, no longer credible


Exclusive: Prime Minister Boris Johnson pictured drinking at Downing Street party during lockdown ITV News 


‘The haves and have-yachts’: on the trail of London’s super-rich Guardian


Vladimir Putin's rumoured girlfriend Alina Kabaeva was off-limits for Western sanctions. Until now


CRS Insight, Algorithmic Stablecoins and the TerraUSD Crash, May 16, 2022: “…TerraUSD (UST) stablecoinuses an arbitrage mechanism typical of some algorithmic stablecoin arrangements consisting of two coins or tokens: the stablecoin, in this case UST, meant to maintain a stable value or “peg,” and a balancer token, in this case,LUNA, the value of which can fluctuate. An algorithm manages the relationship between these two coins to attempt keeping the stablecoin pegged to the reference. 


GAO, Tax Compliance: IRS Audit Trends for Individual Taxpayers Vary by Income:

From tax years 2010 to 2019, audit rates of individual tax returns decreased for all income levels. On average, individual tax returns were audited over three times more often for tax year 2010 (about 0.9 percent) than for tax year 2019 (0.25 percent). Audit rates for taxpayers with incomes of $200,000 and above decreased the most, largely because higher-income audits tend to be more complicated and require auditors to manually review multiple issues, according to IRS officials. Because audit staffing has decreased, IRS cannot conduct as many of these audits, compared to lower-income audits, which are generally less complex and involve more automated processes. In addition, IRS officials stated that the number of returns filed by higher-income populations is growing, meaning more audits are needed to achieve the same audit rate.



A Half-Century with the Internal Revenue Code: The Memoirs of Stanley S. Surrey (Lawrence Zelenak (Duke) & Ajay Mehrotra (Northwestern; Google Scholar) eds. Carolina Academic Press 2022):


Stanley S. Surrey was the most prominent mid-twentieth-century American tax law academic, and the federal government official with the greatest influence on tax policy over that same period (aside from politicians). His professional life with the federal tax system spanned half a century, ending only with his death at the age of 73 in 1984. As Surrey writes in his memoirs, he had good reason to "doubt that any person alive today has had as close and as varied a relationship with the Internal Revenue Code as I have had."


They’re Worried About The Spread Of Information, Not Disinformation Caitlin Johnstone 

 

Pressure Mounts on Patel Over Assange Decision ConsortiumNews 

 

SEC prepares to crack down on misleading ESG investment claims Financial Times


New York City removes the last payphone from service CNBC

Terra Collapse Triggers $83 Billion Decentralized Finance Slump Bloomberg


Crypto links with banks pose threat to financial stability, says ECB Financial Times. This never should have been allowed to happen.


$28 for a beer? New York airports crack down on ‘exorbitant’ food and drink Guardian. Resilc: “$250 for baby formula.”


Why Is America Polarized? The Answer May Surprise You

America is divided against itself as never before. Some thoughts as to why.