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An inheritance tax raid to “redistribute” wealth is a possibility for a Labour government if it gets into power, a leaked recording of a shadow frontbencher suggests. Darren Jones, the shadow chief secretary to the Treasury, told a public meeting funds from the punitive levy should be used to address “intergenerational inequality.” In the leaked recording, the contents of which were first reported by the Daily Telegraph, Jones – who will be responsible for public expenditure if Labour wins the election as widely expected – said there is a “bulk coming through the system of huge amounts of inherited wealth.”

The story behind George Harrison’s Inland Revenue rant.44 How do you know you’re a successful group in the UK? It isn’t necessarily down to the number of screaming fans, chart-topping hits, or even the gold records adorning your walls. You know you’ve really made it when you receive a heart-stoppingly hefty tax bill from the Inland Revenue. The Beatles were one of the first pop groups to conquer the world and, by April 1966, when the Fab Four started recording what was to be Revolver, they were likely the richest musicians in the UK. Listen to “Taxman” as part of...

Taxman (Remastered 2009) · The Beatles

Awarding Agency: Department of the Treasury (TREAS) Recipient: VISTA OUTDOOR SALES LLC 1 VISTA WAY ANOKA, MN 55303-6794 Congressional District: MN-06 UNITED STATES

The Royal Navy sank the galleon in 1708 during the War of the Spanish Succession, but its resting place had been a mystery for more than three centuries. Today its contents could be worth billions. ...Experts speculate that the ship was loaded with at least 200 tons of treasure, including millions of high-purity gold doubloon coins, as well as many silver coins and emeralds that the Spanish empire had plundered from South America, worth up to $17bn (£13.5bn) today. The salvage rights have been subject to decades of litigation and are contested by a professional salvage company that claims to...

Gwen Inglis, a national cycling champion, was training on familiar roads when a driver hit and killed her after drifting into the bike lane, Lakewood (Colo.) Police said. Inglis was riding with her husband, Mike, in the Denver suburb around 10 a.m. on Sunday when the Nissan sedan driven by Ryan Montoya, 29, veered into the lane. He remained at the scene. Inglis, 47, was taken to the hospital, where she died of her injuries. Inglis is the reigning 2019 U.S. road race champion in the 45-49 age group and her husband won the national title in the 50-and-over category...

With the Metropolitan Transportation Authority facing a budget crisis, New Yorkers may have to dig into their pockets to help out. Under a new proposed bill, New York City residents would be required to pay a $3 surcharge on packages they ordered online, with the exception for medicine and food. Assemblyman Robert Carroll, who proposed the bill, says the online shopping fee would raise more than $1 billion a year "to fund the operating costs of buses and subways in the city of New York."

As further evidence that they have fully lost the plot, NY Times reporters make a clear case that Trump has no shot at being the next President of the European Union: U.S. Tax Bill May Inspire Cuts Globally, While Fueling Trade Tensions To President Trump and congressional Republicans, the overhaul of the tax code that became law on Friday will make the United States a better place to do business. To the rest of the world, it has the potential to challenge the global economic order, creating an uneven playing field and setting off a race among countries to cut...

Did you watch CNN’s Democratic debate Thursday night? I actually did, and get this. I was entertained. Thoroughly entertained. I had a feeling it would be a bit more exciting, especially since Bernie Sanders has been out there questioning Hillionaire’s qualifications. At one point, Dana Bash grilled Hillary on releasing the transcripts of her Wall Street speeches, and it was glorious. “Secretary Clinton, if I may, Senator Sanders keeping bringing up the speeches that you gave to Goldman Sachs. So I’d like to ask you, so you’ve said that you don’t want to release the transcripts, until everybody does it,...

New York man’s home seized after he comes up $936 short on $10,813 tax tab A Syracuse man had his home seized after he paid back $9,877 in city taxes over a six-month period -- but came up $936 short. "I tried so hard. I tried so hard to make these payments," Calvin James, who found out he lost the home when he walked into City Hall on Dec. 6 with a $1,500 check, told The Syracuse Post-Standard. The property had been seized Dec. 4. The paper reported that the city launched an aggressive foreclosure campaign in 2012. The program...

In a country where almost no one pays income tax, including more than two thirds of MPs, it only took seven months for Ali Arshad Hakeem to become a hated man. As Pakistan’s newly minted chief taxman, he built a database designed to monitor the spending habits of millions of people, and work out how much tax they owed. … This quiet, technocratic revolution came to a juddering halt last month, when Mr. Hakeem was suspended by judges over allegations that his appointment breached government rules that demand each job be filled from a shortlist of three. In Pakistan’s murky...

It would seems that Twitter has learned a little from the book of Alinsky. The latest hashtag trending: #ObamaSongTitles . Here is a little of what is being posted: #ObamaSongTitles (Everything I do) I do it for me Two Minutes to Midnight How Much Is That Doggie In the Window... I'm Hungry” Shake You Down All You Need is Gov. Can't get enough of your civil rights "Everybody's Fault But Mine" "The Devil Went Down To Washington" I Never Loved A Man (The Way I Love Michelle) Stairway to Hell Hot for Teacher Unions I Kissed A Boy And I...

Ex-IRS agent sentenced to prison in murder-for-hire plot A former IRS agent who opened a tax preparation business was sentenced Friday to nearly 24 years in prison for defrauding clients out of more than $11 million and then attempting to hire a hit man to kill four of them. Steven Martinez, 51, of Ramona was sentenced in San Diego federal court to 286 months in prison and five years of supervised release. He was also ordered by District Court Judge William Hayes to forfeit all the property, including a home in Mexico, and other possessions that he purchased with clients'...

<p>WASHINGTON (AP) — Nobody's going to win an Emmy for a parody of the TV show "Star Trek" filmed by Internal Revenue Service employees at an agency studio in Maryland.</p> <p>Instead, the IRS got a rebuke from Congress for wasting taxpayer dollars.</p>

As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters. This week, as the U.S. Congress averted a plunge off the fiscal precipice, British Prime Minister David Cameron sent a letter to leaders of the Group of Eight countries that make up about half of the world's economic output. Cameron is incoming president of the G-8 and says corporate tax evasion is on his...

Behavioral Experiment Transparency vs Burden Solicitation Number: TIRNO-11-Q-00349 Agency: Department of the Treasury Office: Internal Revenue Service (IRS) Location: National Office Procurement (OS:A:P) Solicitation Number: TIRNO-11-Q-00349 Notice Type: Combined Synopsis/Solicitation Synopsis: Added: Sep 16, 2011 11:03 am The Internal Revenue Service (IRS) intends to issue a sole sourced purchase order to the University of Minnesota's Social Behavior Science Division Research Professors: Marsha Blumenthal and Laura Kalambolidis, for research experiments, data to explore the impacts of Behavioral experiments of alternative reporting regimes: transparency vs. burden. BACKGROUND: The project involves a three-stage laboratory experiment to explore taxpayers' willingness to accept increased reporting...

Two weeks ago, when billionaire Warren Buffett called for higher taxes on rich people like him, the liberal media predictably gushed and fawned. Yet when Americans for Better Government revealed last week that Buffett's company Berkshire Hathaway has been in an almost decade-long dispute with the IRS over how much taxes it owes, these same press members couldn't care less: According to Berkshire Hathaway’s own annual report — see Note 15 on pp. 54-56 — the company has been in a years-long dispute over its federal tax bills. According to the report, “We anticipate that we will resolve all adjustments...

PLEASANT HILL -- To get a good deal, Paul Brodman used to buy cigarettes online. Little did he know, those smokes weren't the bargain they appeared to be. There's no getting out of paying state taxes simply by buying cigarettes online. Earlier this month, Brodman received a bill for $1,398 from the State Board of Equalization for back taxes and penalties he owes for 100 cartons of cigarettes he bought online from an out-of-state retailer in 2007 and 2008. Initially, Brodman thought it was a mistake. "We smoked them; we didn't resell them," he said. "I wasn't selling them on...

a cutup of obama "singing" taxman, by the beatles - because let's face it, it's a tax.

Song of the Week #183 by George Harrison Today is Tax Day in America. It's supposed to be April 15th, but because April 16th is Emancipation Day in the District of Columbia and because April 16th fell on a Saturday, the observance of Emancipation Day was moved to Friday April 15th, which meant that federal employees were given the day off, so Tax Day was moved to Monday April 18th. If you follow that, you're a better man than I. After all, very few taxpayers live in the District of Columbia, so who's at work on the day you mail...