Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show. By legally funneling profits from overseas subsidiaries into Bermuda, which doesn’t have a corporate income tax, Google cut its overall tax rate almost in half. (Snip) Last week, the European Union’s executive body, the European Commission, advised member states to create blacklists of tax havens and adopt anti-abuse rules.
Comments: Ha! The government thieves want to whine about fairness?!? I´m no fan of google, but they´re not doing anything illegal.
This idea of taxation is soon to come to high tax states. Think NY, NJ and California taxing your assets, even though you retired to Florida or Texas. You cashed out, sold the house and took your assets with you. Since you were employed where taxes are high, you owe them for the privilege.
If the government doesn´t change the tax rules to close out all loopholes, no one should complain about it. The ones responsible for this are the legislative and the executive branch who have been bought and paid for by the lobbyists.
CLEVELAND — The Plain Dealer in Cleveland cut about a third of its newsroom staff Wednesday, months after announcing it was reducing home delivery of the newspaper, union leaders said. About 50 reporters, photographers, page designers and other Newspaper Guild-covered employees received layoff notices, according to the guild. (Snip) The Plain Dealer, beginning next week, will reduce home delivery to three days a week while also providing a “bonus” home-delivered edition on Saturdays.
Huma Abedin, Hillary Clinton’s transition office chief and the wife of embattled New York City mayoral candidate Anthony Weiner, is expected to take extended vacation time from her job with the former first lady in the coming days, sources told POLITICO. The move is not a leave of absence, two sources familiar with the move insisted, and it’s not precisely clear when she will depart for her vacation time from her day job.
CHESTERFIELD COUNTY, Va. (WTVR) – Amazon announced plans Monday to hire 7,000 workers for its U.S. operation, with most jobs offering pay and benefits far above typical retail wages, the company said. The online retail giant is expected to hire 5,000 new employees across 13 states and another 2,000 for their call centers. The announcement came as a surprise to some people who used to work for the company. “They would constantly, like say, oh yea, we’re really really busy, we’re really really busy today, we’ll be on mandatory overtime."
Embattled New York City mayoral candidate Anthony Weiner said he doesn’t care what people say or how critics respond — he’s not leaving the race. “You’re stuck with me,” he told the Staten Island Advance in an interview published Sunday. That’s on the heels of scathing criticism from even members of his own Democratic Party, who are apparently on their last legs of support for the former congressional member who can’t seem to curb his sexting scandal.
ELOY, Ariz. - A 19-year-old man and a 21-year-old man, who has already been deported 11 times, were arrested after running from deputies on Tuesday. A Pinal County Sheriff´s deputy was driving on I-8 near I-10 when he attempted to pull a car over for a traffic violation. The vehicle ignored the deputy, crossed over the eastbound lanes of traffic and stopped suddenly. (Snip) Border Patrol officials told deputies Jupa-Fino had been deported 11 times during the last three years for entering the US illegally.
DENVER - Denver police released a sketch of a man they believe shot and killed a Buckley Air Force Base airman during a fight in LoDo early Saturday morning. Shaquille Hargrove, 19, of Wilson, North Carolina, was with a large group of people when he was shot to death in a popular area of downtown Denver as nearby bars were closing for the night. Witnesses describe the shooter as a a light-skinned black male with acne. He is in his 20s and is approximately 5-foot 7" tall. He weighs between 160-180 pounds.
SACRAMENTO (AP) — California prisoners have unprotected sexual contact, forced or consensual, even if both are illegal, and this reality often leads to the spread of HIV and other diseases in prisons and in communities where felons are paroled. Setting up a difficult conversation, one state lawmaker says it´s time to give inmates a way to practice safe sex behind bars to reduce an infection rate that experts say is much higher than that of the general population. The proposal from Oakland Democratic Assemblyman Rob Bonta comes despite a law prohibiting any sex between inmates, ...
Indianapolis Colts safety Joe Lefeged was arrested early Saturday after officers found an unregistered semi-automatic pistol in the car he was riding in, police said. Lefeged was a front-seat passenger in a Chevy Camaro that fled a traffic stop for speeding in northeast Washington just after midnight. (Snip) The arrest comes as the NFL grapples with gun violence. Tight end Aaron Hernandez was charged this week with orchestrating the execution-style slaying of a semi-pro football player and was swiftly released by the New England Patriots.
COLUMBUS, Ohio (AP) — Ohio State University President Gordon Gee abruptly announced his retirement Tuesday after he came under fire for jokingly referring to ``those damn Catholics´´ at Notre Dame and poking fun at the academic quality of other schools. The remarks were first reported last week by The Associated Press, and Ohio State at the time called them unacceptable and said it had placed Gee on a ``remediation plan´´ to change his behavior.
COLUMBUS, Ohio (AP) — The president of Ohio State University could be fired for any more verbal gaffes, trustees told him in a letter that said his mockery of Notre Dame, Roman Catholics and the Southeastern Conference have embarrassed and divided the university and run the risk of diminishing the effectiveness of its efforts. Trustees warned Gordon Gee that comments or actions he makes detracting from Ohio State´s core values are not productive and are unacceptable, according to a copy of the March 11 letter obtained Friday by The Associated Press.
Beverly - This Sunday, the streets of Beverly will look just like they always do. And that’s the problem, some veterans say. The city has cancelled its annual Memorial Day parade for what’s believed to be the first time since the end of the Civil War. Many veterans who were gathered at the Herman A. Spear American Legion Post on Friday night are upset by the decision. “It’s not right to me,” says Ron Innocenti. He is a Vietnam veteran who has not only marched in the city’s Memorial Day parade in the past, he says he has also been its grand marshal. He hates to cancel because
As Americans prepare for Memorial Day—the official kickoff to a summer grilling season of burgers and T-bones—rising beef prices have some consumers balking in the grocery aisles. Retail beef prices are widely expected to set new records in coming weeks after wholesale prices, or the amount meatpackers charge sellers for beef, hit an all-time peak this past week. After achieving new highs for three weeks, choice-grade beef, the most common variety in the U.S., jumped to $2.1137 a pound Thursday, according to the U.S. Department of Agriculture.
In 2008 and then again in 2012, after retired four-star General Colin Powell endorsed and then voted for Barack Obama, the former Secretary of State´s sanity was already in question. At least now, after having his email account hacked by high-level security-breacher Guccifer, Colin Powell´s besmirching of the Republican Party´s "shift to the right" and "identity crisis" finally makes sense. It seems that for years the mannerly and always professional Colin Powell has been cyber-comporting with a 46-year-old Romanian European Parliament member, Social Democrat, and past spokesperson for Romanian president Ion Iliescu named Corina Cretu
Conservatives have for years attempted to put our finger upon precisely why Barack Obama strikes us as queer in precisely the way he does. There is an alienness about him, which in the fever swamps is expressed in all that ridiculous Kenyan-Muslim hokum, but his citizen-of-the-world shtick is strictly sophomore year — the great globalist does not even speak a foreign language. Obama has been called many things — radical, socialist — labels that may have him dead to rights at the phylum level but not down at his genus or species. His social circle includes
For nearly a year, we have had no answer to why the administration lied about Benghazi — why it told the world, not to mention the parents of our murdered SEALs at the funeral of their sons, that the cause of that fatal conflagration was an anti-Islamic video no one saw, when the various arms of our executive branch (White House, State and intelligence) already knew, or strongly suspected, it was a terror attack orchestrated by al-Qaeda affiliates. You only have to read the now infamous talking points to know that. That this lie was deeply immoral is obvious.
Today, across Africa, Araby and Asia, from Nouakchott to Dhaka, the diplomatic facilities of the United States are closed. There’s a Tsarnaev out there, somewhere – could be the Mahgreb, the Levant, the Horn of Africa, the Indian sub-continent – who knows? So, as Richard Fernandez writes, “Shelter in place, this time globally.” Maybe it will work. Maybe by the end of the day there will be, unlike Benghazi a year on, men in custody. But if not? Daniel Pipes: Don’t know about you, but I find this pre-emptive cringing unworthy of a great country, even humiliating.
He thought he was a woman trapped in a man’s body — but it turns out he’s “just another boring straight guy.” ABC News editor Don Ennis strolled into the newsroom in May wearing a little black dress and an auburn wig and announced he was transgender and splitting from his wife. He wanted to be called Dawn. But now he says he suffered from a two-day bout of amnesia that has made him realize he wants to live his life again as Don. “I accused my wife of playing some kind of cruel joke, dressing
Not only should President Obama cancel a bilateral summit with "schoolyard bully" Russian President Vladimir Putin, Sen. Chuck Schumer, D-N.Y., said Sunday on "Face the Nation," but considering the country granted asylum to National Security Agency leaker Edward Snowden, U.S. allies should try to move next month´s G-20 gathering from St. Petersburg. "President Putin´s behaving like a schoolyard bully, and in my experience, I´ve learned, unless you stand up to that bully, they ask for more and more and more," Schumer said. "He´s always going out of his way, President Putin is, to seem to poke us in
The truth about Benghazi, the Associated Press/James Rosen monitoring, the IRS corruption, the NSA octopus, and Fast and Furious is still not exactly known. Almost a year after the attacks on our Benghazi facilities, we are only now learning details of CIA gun-running, military stand-down orders, aliases of those involved who are still hard to locate, massaged talking points, and the weird jailing of Nakoula Basseley Nakoula. We still do not quite know why Eric Holder’s Justice Department went after the Associated Press or Fox News’s James Rosen — given that members of the administration were themselves illegally leaking
In an interview for The Guardian Weekend magazine, actor Matt Damon recently weighed in with his thoughts on how President Barack Obama has handled the scandals that have engulfed his administration since the spring. Damon, a vocal supporter of the president since his 2008 campaign for national office, said that Obama is overcompensating for his lack of military background with his tough response to controversies like how the government is responding to National Security Agency leaker Edward Snowden. The actor said that Obama is allowing himself to “get bullied” and is acting as though is “manhood”
Republican National Committee Chairman Reince Priebus threatened to pull the group’s partnership with NBC and CNN for 2016 GOP presidential primary debates if the networks moved ahead with plans to air films on Hillary Clinton. “If they have not agreed to pull this programming prior to the start of the RNC’s Summer Meeting on August 14, I will seek a binding vote stating that the RNC will neither partner with these networks in 2016 primary debates nor sanction primary debates they sponsor,” Preibus said in a statement. In individual letters to CNN President Jeff Zucker and NBC Chairman Robert Greenblatt,
Oprah Winfrey on Monday said the killings of Trayvon Martin and Emmett Till are the "same thing." This transpired during an interview with The Grio that aired on NBC´s Today show. OPRAH WINFREY: It´s so easy during this time: Trayvon Martin, Trayvon Martin parallel to Emmett Till, let me just tell you. In my mind, same thing. But you can, you can get stuck in that and not allow yourself to move forward and to see how far we´ve come. Really? Martin and Till are the same thing?
Michelle Obama took to Twitter on Sunday to send her husband an affectionate birthday message -- and a gentle ribbing about the US President´s graying hair. "Happy birthday, Barack! Your hair´s a little grayer, but I love you more than ever," Michelle Obama wrote on her official twitter account, @FLOTUS. The message was accompanied by an undated black and white photo of the Obamas as a young couple relaxing on a sofa. Barack Obama is spending his 52nd birthday weekend at Camp David, the rural Maryland retreat made available to US Presidents. He was to return
The Pentagon has placed its elite cadre of special operations teams on full alert to launch preemptive attacks against suspected al Qaeda targets across the globe, according to reports. The American special forces teams have spent the past week waiting for U.S. military and intelligence officials to confirm the whereabouts of the terror cell plotting to attack U.S. diplomatic outposts in the Mideast and North Africa. Unnamed sources told CNN on Monday that the teams were poised to carry out the preemptive strikes, but declined to comment on where the U.S. forces were located or which potential