Politics, the saying goes, makes strange bedfellows. In presidential politics, the cozy compromises with the unconstitutional seem even more unsettling.
The latest tax evasion treaty is not designed to benefit the taxpayers but the tax collectors, despite protestations to the contrary.
In one of the bluntest statements on the topic by any globalist thus far, controversial German Finance Minister Wolfgang Schäuble openly called for “global standards” and “global governance” in taxation to ensure that governments can continue extracting huge sums in taxes from the wealth-producing class in perpetuity.
For some time now we’ve lived with the scourge of civil asset forfeiture, under which the police can seize a person’s property on the mere suspicion it was used in a crime and without having to charge the owner with an offense.
There are lessons to be learned from the divergent rankings of states based on their tax policies, and New York Governor Cuomo is starting to apply some of them.
The Internal Revenue Service (IRS) has increasingly used the process called civil asset forfeiture to seize the assets — including bank accounts — of people suspected of being engaged in criminal activity, even if no criminal charges are filed.
The profit margins and new technology bode well for the fracking boom to continue and even to accelerate for the foreseeable future.
Amid fast-growing pressure on the U.S. dollar’s status as the global reserve currency, authorities in the United Kingdom this week successfully issued sovereign bonds denominated in Communist China’s strictly controlled currency known as the yuan or renminbi.
The Congressional Budget Office offered no solutions as to how to pay off the burgeoning national debt; it just reports the facts.