They often send it to the tax shelter in the Cayman Islands.
Click PLAY or watch it on Facebook.
Advertisements
Category: economics
The Rooster Bar by Grisham
Rooster Bar (2017) is the 25th legal thriller novel by John Grisham.
Grisham was inspired to create the story after reading an article entitled “The Law-School Scam” that appeared in The Atlantic magazine in 2014. …
I continue to be impressed with Grisham. He’s getting better as an author.
This entertaining and unpredictable plot touches on many current topics including:
- Law School diploma mills
- American student debt
- Medical malpractice
- U.S. Immigration and Customs Enforcement (ICE)
- Corruption in Sengal
In the novel the fictional law school is based on REAL for profits like the Florida Coastal School of Law, part of the InfiLaw System of law schools owned by Sterling Partners.
Florida Coastal is ranked in the bottom 25% of U.S. law schools. About 35% of graduates — most with student debt of about $200k — found full-time long-term jobs practicing law within nine months of graduation.
Students should be very wary of signing on with InfiLaw.
related – “The Law-School Scam,” by Paul Campos
No sympathy for Trump supporters
Here’s another article telling me I should be recognizing and caring about this Trump supporter as a human being.
But I don’t. He’s wrong. He’s unethical and immoral. If this farmer goes bankrupt due to Trump’s stupid trade war with China, he deserves it.
The same person votes against the social safety network he might one day need. You can’t fix stupid.
why are TAXES so complicated?
Rich people and corporations pay accountants to find every loophole. That’s why Amazon reported $11 billion of U.S. income yet claimed a federal income tax rebate of $129 million.
Complicated systems benefit the rich, make those of us who don’t hire accountants pay.
Click PLAY or watch it on YouTube.
That’s in the USA.
For my low income and simple return, I’ve never been upsold by online software. I use SimpleTax Canada and have been very happy.
related – Elizabeth Warren has a great idea for making Tax Day less painful
You shouldn’t have to file your taxes. The government should do it for you.
Lyft or Uber?
Cool kids like Lyft better. But Uber is far more available in far more places.
While both services look identical, there are major differences. Uber is richer in features and available in more cities. Yet Lyft is more transparent in its receipts about the details of a trip …
In terms of ride-summoning features, Uber wins hands down.
The verdict: Lyft wins, in part for greater transparency.
The verdict: Frequent riders will benefit more from Uber’s rewards program, which is more comprehensive and compelling.
What about reputation?
The verdict: Though neither company is innocent, Lyft wins by a long shot.
Where Uber and Lyft are available
Uber has an advantage because of its broad availability worldwide. The company, which has operations in 63 countries, is a behemoth compared with Lyft, which is available in just the United States and Canada.
Uber vs. Lyft: Which Ride-Hailing App Is Better?
COMPETITION improves the world
Corporations want to be monopolies. Then raise prices as high as they want.
Consumers want competition.
Sadly there’s LESS competition today than in the past. At this rate Amazon will have all the money.
- Four have 70% of airline flights. (hat tip: The Economist)
- Four companies control 66% of U.S. hogs slaughtered in 2015, 85% of the steer, and half the chickens. (h/t Open Markets Institute)
- Four companies control 85% of U.S. corn seed sales, up from 60% in 2000.
- Three companies control about 80% of mobile telecoms.
I MIGHT support governments breaking up some of the largest corporations, even if it’s for the wrong reasons.
