Experts Lay Out Their Case Against Carbon Pricing
Climate change policy advocates have turned against market approcaches like carbon offsets, which have clearly failed. But what next?
Read more...Category Archives: Taxes
Only Multilateral Cooperation Can Stop Harmful Tax Competition
International tax reform, to check multinational tax avoidance, has made perilously little progress. Will Yellen’s backing make a difference?
Read more...Bitcoin, Easter Island-ism, and the Cowardice of Green New Dealers
A pox on hypocritical environmentalists who are nowhere to be found in demanding a stop to pointless, energy profligate Bitcoin.
Read more...Why Can’t the IRS Just Send Americans a Refund – or a Bill?
Believe it or not, it’s not the fault of the IRS that tax return prep is such a hassle.
Read more...Another Blow to Tax Evasion and Money Laundering: UK Targets Art Market After US Goes After Anonymous Shell Companies
The US and UK are making life a bit harder for tax cheats.
Read more...Facebook and Google vs the Free Press
The effort to contain Google and Facebook were only in the skirmish stage until Australia and Maryland upped the ante with their tax powers.
Read more...“Almost Cartoonish Defender of the 1%, Kathryn Wylde” Rears Her Head to Attack Plans to Tax the Rich to Save New York City
The usual suspects, like Kathryn Wylde, try to defend why the top wealthy, who’ve made out like bandits under Covid, should not be made to share.
Read more...‘Beyond Outrageous’: Big Pharma Using Loophole to Get Taxpayers to Fund Billions in Fines for Fueling Opioid Crisis
Big Pharma firms may try and take a tax deduction for some of the $26 billion opioid settlement, thus reducing its payout.
Read more...Criminal Tax Cheat Robert Smith of Private Equity Firm Vista Gets a Pass for Conduct Worse Than Apollo’s Leon Black, Now in Epstein Doghouse
Neil Weinberg and David Voreacos published an in-depth account at Bloomberg of how private equity baron Roger Smith escaped being indicted for criminal tax fraud despite having concealed over $200 million in income. The very short version is that Smith and his allies got to Attorney General William Barr, both through Barr’s former firm Kirkland […]
Read more...Investors Not Reassured by Apollo Trying to ‘Splain Leon Black’s $188 Million in Payments to Serial Child Rapist Jeffrey Epstein
Apollo is not having much success with its claim that a $188 million paid by Leon Black to Jeffrey Epstein in fees and loans was bona fide.
Read more...Why Apollo’s Palace Coup Against Leon Black and Further Disclosures on Jeffrey Epstein Are Not Reassuring
The few details that Apollo offered about Leon Black’s relationship to serial child rapist Jeffrey Epstein only make things look worse.
Read more...What Can Sanders Do as Budget Chair? – Rob Johnson
Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?
Read more...Do Billionaires Destroy Democracy and Capitalism?
The US can draw on its Gilded Age to bring its billionaires to heel.
Read more...Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham
Another nail in the trickle down economics coffin. Too bad that vampire-like, it keeps coming back.
Read more...The IRS Moves to Crack Down on Cryptocurrency Tax Evaders
The IRS is officially in “No more Mr. Nice Guy” mode with respect to cryptocurrency enforcement.
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