Keyword: taxevasion
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A palace source has revealed that the Queen’s fortune has passed directly to King Charles, noting that the inheritance is transferred ‘from monarch to monarch.’ In 1993 a decision was made that removed inheritance taxes on the funds if they were transferred from one sovereign to another, making it the most ‘tax efficient’ way to transfer wealth. Unfortunately, this means that none of the Queen’s other children, including Anne and Edward, have received any of the money. So far, King Charles has failed to share the money with his siblings, and Prince Andrew has said he is ‘bewildered’ and ‘in...
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Todd and Julie Chrisley will attend a sentencing hearing on Monday Todd and Julie Chrisley are facing time in federal prison after being convicted of financial crimes. Prosecutors in the case are asking the judge to sentence Todd to between 17 and 22 years in prison and Julie to 10 to 13 years in prison, according to court documents obtained by FOX5. The couple will appear in court on Monday after being convicted of financial crimes in June. Todd was convicted of conspiracy to commit bank fraud, bank fraud, tax fraud and conspiracy to defraud the United States.
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Under Elon Musk's ownership, Twitter recently laid off 3,700 people, roughly half its workforce. ... Musk ordered a payroll audit, in which managers were asked to confirm employees were human, because he worried "ghost employees" would receive money ... Elon Musk has long been wary of bots on Twitter. It turns out he's also suspicious that some of Twitter's employees, not just its users, aren't actual people. ... Musk wanted confirmation that Twitter employees were "real humans" and ordered a payroll audit to confirm that was the case before giving staff regularly scheduled bonuses. ... Before paying the bonuses .....
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Get ready to be blown away. You are about to be treated to a real life story of heroes working tirelessly to Save Democracy and restore normalcy to American politics.Yes, Showtime has taken a deep dive into the wild world of politics to bring you a documentary that will rivet the nation from now until the end of time: Lincoln Project, The Movie.No, I am not kidding. They made a 5 part documentary about the Lincoln Project.It promises to be riveting stuff. Listen to what the producers have to say about it:“There has never been a super PAC that has...
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My Red State colleague Bonchie predicted that Trump Organization executive Allen Weisselberg would plead guilty in his tax-evasion trial in New York, and Thursday he did just that. The judge promptly sentenced him to 5 months in jail at Rikers Island and ordered him to pay nearly $2 million in fines and penalties.Many are touting that the big news coming out of this case is that Weisselberg agreed to testify against the Trump Organization in a trial this fall. Notably, he will remain free on bail until that testimony is complete. Never Trumpers are licking their lips—but this is not...
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New York state has hit Democratic New York Rep. Alexandria Ocasio-Cortez with fines for dodging tax warrants filed against her former business five years ago. The state filed a tax warrant against Brook Avenue Press — a children-oriented publishing house Ocasio-Cortez founded in 2012 — on July 6, 2017, to collect $1,618 in unpaid corporate taxes, the Washington Examiner reported. The tax warrant has increased 52% to cost $2,461 due to the representative not paying the taxes.
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Joe Biden is telling staffers that he wants the Justice Department to prosecute former President Trump and other political opponents. In an article about Attorney General Merrick Garland ‘facing pressure as the January 6 investigation widens,’ The New York Times claimed Biden wants Garland to prosecute Trump. The New York Times reported: “As recently as late last year, Mr. Biden confided to his inner circle that he believed former President Donald J. Trump was a threat to democracy and should be prosecuted, according to two people familiar with his comments.” “And while the president has never communicated his frustrations directly...
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Barter Society Emerges In Greece As Crisis Deepens *Video* Mac Slavo October 29th, 2011 As the Greek economy succumbs to the debt crisis and individual Greeks are made poorer each day through austerity measures and job cuts, many have begun resorting to traditional bartering as a way to make ends meet and at the same time increase their involvement with neighbors and their general community. Services being bartered include anything from language classes and babysitting to hand cooked meals and daily labor. It’s huge. Everything we do is without money, like looking after people or making food by ourselves. …We...
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It's been a busy day at the market in downtown Volos. Angeliki Ioanitou has sold a decent quantity of olive oil and soap, while her friend Maria has done good business with her fresh pies. But not a single euro has changed hands – none of the customers on this drizzly Saturday morning has bothered carrying money at all. For many, browsing through the racks of second-hand clothes, electrical appliances and homemade jams, the need to survive means money has been usurped. "It's all about exchange and solidarity, helping one another out in these very hard times," enthused Ioanitou, her...
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In Greece, the age-old practice of bartering for goods and services is experiencing a renaissance as the nation endures the sixth year of its debt-driven economic meltdown. And as bartering has come to mean the difference between starvation and survival for some Greeks, Americans ought to take note. The New York Times on Monday explained how virtual barter networks are popping up in Greece to help individuals and small businesses in the nation survive harsh capital controls put in place to combat a long-standing liquidity crisis. Earlier this year, many Greeks found themselves unable to withdraw money from banks for...
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Harvard professor Dr. Charles Lieber was found guilty of all federal charges against him related to concealing his ties to a Chinese university and the Chinese government's Thousand Talents Program while receiving U.S. government funding. The verdict, a big win for the Justice Department’s China Initiative, came as a federal jury in Boston quickly determined Tuesday that Lieber was guilty on all six charges, including two counts of making false statements to federal investigators, two counts of filing false tax returns, and two counts of failure to file reports of foreign bank and financial accounts. Lieber, the former chairman of...
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ATLANTA (AP) — The son of R&B legend Gladys Knight has been sentenced to serve two years in prison for failing to withhold payroll taxes for the restaurants that bore his mother’s name, federal prosecutors in Atlanta said. Shanga Hankerson opened his first restaurant, Gladys Knight’s Chicken and Waffles, in Atlanta in 1997. Over the next several years, he opened at least three more locations in Georgia and Washington, D.C. Hankerson, 45, “willfully disregarded his tax obligations for many years,” Acting U.S. Attorney Kurt Erskine said in a news release. During his sentencing Wednesday, Hankerson, who pleaded guilty in July,...
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Photographer Kevin Fleming from Lewes, Del. was sentenced to one year in federal prison for tax evasion. Fleming pled guilty for tax evasion on Aug. 26 2020. The U.S. Department of Justice reported, at the time of his plea, Fleming had not filed federal income tax returns or paid any taxes since 1981. In addition to one year in federal prison, Fleming's sentence includes paying $192,529 restitution to the IRS for income taxes from 2002 through 2016. Also, he was sentenced to pay restitution to the IRS of $22,584 in payroll taxes which were withheld from his former employees. A...
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President Biden has long demanded that the wealthy "pay their 'fair share' of taxes," which raises the question: What is "fair," and who decides what is "fair"? Is it honest brokers? Or ideologically driven fascists such as the Soviets, who caused the great Ukrainian famine of 1932–1933, when the then-ruling communists decided it was "fair" to take everything the people they branded "kulaks" had? Quis custodiet ipsos custodes? as the Roman Juvenal noted.In Biden's Sept. 16 speech about the economy, fair taxes, and the China virus, Biden extended his anti-rich rhetoric into dangerous waters. He accused the top 1% and...
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Hunter Biden complained that 'half' of his salary went to paying his father's bills while he was Vice President including a $190-a-month AT&T phone bill, newly unearthed emails from his laptop show. In 2010, Joe Biden was earning $225,000-a-year as Vice President and he'd already made well over $100,000-a-year for decades prior as a senator and author. But Hunter, according to emails obtained by The New York Post, had to foot a $190-a-month AT&T phone bill for his father, and pay for repairs to his lakeside property in Wilmington, Delaware. At the time, Hunter was working as the interim CEO...
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Antivirus software tycoon John McAfee died by an apparent suicide in a Spanish jail cell Wednesday evening — hours after reports surfaced that he would be extradited to face federal charges in the US, according to local media. The eccentric tech entrepreneur was arrested in October and was awaiting extradition when he was found dead, police sources told the newspaper El Pais. The newspaper reported McAfee was pulled from his cell in Barcelona and police are investigating the circumstances around his death.
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President Joe Biden's new tax enforcement plan would add nearly 87,000 employees to the Internal Revenue Service, make banks report more information to the agency and require stricter cryptocurrency compliance, according to a new Treasury Department report released on Thursday. -snip- The second major component of Biden's plan would require financial institutions to report annual account inflows and outflows to the IRS. Treasury officials said the goal would be to highlight "red flags" and would not be burdensome to compliant taxpayers. -snip- Roughly 99% of taxes due on wages are paid to the IRS, but compliance on "less visible sources...
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In honor of unofficial pot holiday April 20 (4/20), an organization repping country musician and marijuana enthusiast Willie Nelson is imploring President Joe Biden to declare the time a national week of cannabis celebration. An online petition to legitimize the “High Holidays” currently boasts 4,000 signatures. The document, penned by the iconic singer’s Texas-based concert team Luck Reunion, reads: “The fine people of Luck, Texas, and supporters of the great Willie Nelson, on behalf of cannabis users around the nation, are writing today to ask you to consider declaring the 9 days spanning April 20 to April 29 an official...
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You might remember the corrupt Baltimore prosecutor Marilyn Mosby who attempted to make a national name for herself in the prosecution of the “Baltimore Six”; six police officers she charged in the death of Freddie Gray back in 2015. As Baltimore burned amid political fuel driven by Black Lives Matter, Mosby was the lead narrative engineer who attempted to frame the six police officers for the death of Gray until her fraudulent charges collapsed in the first two officer trials which resulted in acquittal. According to recent media reports Marilyn Mosby and her husband, Nick Mosby, the Baltimore city counsel...
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Former Google CEO and Clinton lackey Eric Schmidt is being considered to lead a key tech task force in a Biden administration, according to a report in the Financial Times. Even though the election result is still disputed by President Donald Trump and the Republicans, Joe Biden is already forming his transition team, which includes many former Silicon Valley employees, including Schmidt. According to the Financial Times (paywalled), presidential contender Biden has: hired both Jessica Hertz, former associate general counsel at Facebook, and Cynthia Hogan, former Apple vice-president for government affairs to his transition team. Eric Schmidt, the former Google...
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