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The hidden history of race and the tax code : Planet Money : NPR
: [POST-PUBLICATION CLARIFICATION: A previous version of this episode wrongly implied the extent of what we know about how the IRS chooses whom to audit. According to the IRS, the agency audits about 1{c024931d10daf6b71b41321fa9ba9cd89123fb34a4039ac9f079a256e3c1e6e8} of returns that claim the earned income tax credit.] SYLVIE DOUGLIS, BYLINE: NPR. (SOUNDBITE OF COIN SPINNING) KENNY MALONE, HOST: It is tax week in America. And, you know, a couple of months ago, there was this pretty eye-popping/troubling discovery in the world of taxes. GENE DEMBY, HOST: And it came from a study by a bunch of university researchers and a couple of people from the U.S. Treasury Department. DANIEL HO: I’m Dan Ho. I’m…
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Washington Supreme Court upholds effort to balance tax code
SEATTLE — The Washington Supreme Courtroom on Friday upheld the state’s new funds gains tax, which was adopted by lawmakers in an energy to equilibrium what is viewed as the nation’s most regressive tax code. In a 7-2 choice, the justices identified the tax to be an excise tax — not a property tax, which the point out Constitution boundaries to 1{c024931d10daf6b71b41321fa9ba9cd89123fb34a4039ac9f079a256e3c1e6e8} every year, or an earnings tax, which Supreme Courtroom choices relationship to the 1930s have discovered unconstitutional. “For 134 years, Washington state has been waiting around for the working day when a fairer tax method came about, just one where doing work men and women had been not carrying…
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Examining Treasury’s Review Of Racial Bias In The U.S. Tax Code
WASHINGTON, D.C. – APRIL 22, 2018: A statue of Albert Gallatin, a former U.S. Secretary of the … [+] Treasury, stands in front of The Treasury Building in Washington, D.C. The National Historic Landmark building is the headquarters of the United States Department of the Treasury. (Photo by Robert Alexander/Getty Images) Getty Images Professor Steven A. Dean of Brooklyn Law School discusses Treasury’s Equity Action Plan and its progress on examining potential racial bias in the tax code. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: bias review, Act…
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OpenAI, Microsoft want court to toss lawsuit accusing them of abusing open-source code
Summary Firms Legislation corporations Similar documents Businesses say allegations are not distinct sufficient, cite reasonable-use protection Nameless plaintiffs say OpenAI and Microsoft are misusing copyrighted source code (Reuters) – Microsoft Corp, Microsoft’s GitHub Inc and OpenAI Inc informed a San Francisco federal court docket that a proposed course-action lawsuit for improperly monetizing open-supply code to prepare their synthetic-intelligence programs cannot be sustained. The corporations explained in Thursday court docket filings that the criticism, filed by a team of anonymous copyright proprietors, did not outline their allegations specifically ample and that GitHub’s Copilot system, which implies strains of code for programmers, produced honest use of the supply code. A spokesperson for…
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How the Bankruptcy Code Impacts User Access to FTX Assets
Subsequent the the latest string of crypto bankruptcies, about a million people today are contacting for entry to their accounts, coins, and tokens. Standing in their way is the reply to this concern: What is residence of a debtor’s estate, or far more to the stage, what is not home of the estate? The other problem that might make a difference just as a lot is what variation it makes. Centered on a filing in the FTX case on Nov. 21, it appeared there was only $1.2 billion of money offered from an unidentified total of claims held by in excess of a million probable lenders, the major 50 of…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/64JGOJJTBNJE5GIQ4TOUKQHVYU.jpg?w=1140&resize=1140,0&ssl=1 "OpenAI, Microsoft want court to toss lawsuit accusing them of abusing open-source code")
/cloudfront-us-east-2.images.arcpublishing.com/reuters/MYSVDUR4XNOLPMADOA6J6KB4SU.jpg?w=500&resize=500,330&ssl=1 "Law firm Jenner sues Sierra Leone for million in legal fees")
