Missouri’s bishops and Catholic groups in the state are urging voters to consider the needs of the poor when voting on a proposed constitutional amendment that they say would shift the burden of taxation onto lower-income residents. The Missouri Amendment 5, which is on the Aug. 4 primary ballot, would authorize legislative phase-out of the individual state…
Prime Minister Andy Burnham will give all mayors of city regions in England a share of income tax revenue for the first time, as part of his drive to transfer power from Westminster to local leaders. Burnham will also allow mayors of English strategic authorities to keep some cash from business rates collected in their…
Burnham first proposed a universal system of social care in England in 2009, when he was health secretary under former Prime Minister Gordon Brown. He suggested a compulsory levy to fund the system and Brown’s government also floated the idea of allowing people to defer the payment until after they died, leading to the Tories…
A Cayman resident who renounced his U.S. citizenship was sentenced today to 37 months in prison for tax evasion. According to court documents and statements made in court, Justin Ryan Schmidt, formerly of Austin, managed a hedge fund focused on cryptocurrency investments. Over a period of several years, Schmidt earned a total of at least…
Burnham says ‘big decisions’ ahead on making council tax fairer Andy Burnham has said there are “big decisions” ahead of his government on council tax, as he criticised the unfairness of the current system for making some people pay higher rates than are levied on more expensive homes in London. In his interview with Laura…
Burnham first proposed a universal system of social care in England in 2009 when he was health secretary under Gordon Brown. He has vowed to spend political capital on the issue as prime minister. However, he is not the first leader in recent years to pledge to address the issue of adult social care. In…
Thomas C. Goldstein, a prominent appellate attorney who argued more than 40 cases before the U.S. Supreme Court and co-founded the widely read legal website SCOTUSblog, was sentenced to 72 months in prison today for tax crimes and mortgage fraud. The Court additionally revoked Goldstein’s bond and remanded him into custody. “This sentence holds Thomas…
Millionaires including former footballer Gary Lineker and music producer Brian Eno have written to new prime minister Andy Burnham asking to be taxed more. In an open letter, 120 well-off Britons told Burnham: “We can afford it. We’re not talking about higher taxes on those who get up and go to work for their income…
It was close to being removed in 2022 when politicians voted to remove the 5% GST. The government began its free product scheme in October 2022, providing sanitary items in a range of locations including public toilets and government buildings. In exchange, it reversed its decision to remove the GST. Millar said there was no…
A Miami-based CPA was arraigned in federal court on Wednesday on charges of preparing a false tax return for the Chief Financial Officer (CFO) of a group of related companies that collectively operated a shipping business. According to the criminal information, Luis E. Gonzalez, Jr. became an employee of the shipping business in 2019 and…
