By the time you read this, Congress may be putting the finishing touches on a $1 trillion bailout to help America cope with the economic fallout from the COVID-19 pandemic.
“You never want to let a serious crisis go to waste.”
--Rahm Emanuel, former Chicago mayor and advisor to President Barack Obama
Do you remember the first time you realized the government was lying to you?
Under the Alice in Wonderland-type process of civil forfeiture, cops can seize your property – anything you own – if they believe that it’s somehow connected to a crime… any crime.
The IRS made headlines last October when a report it submitted to Congress admitted that the agency targets the tax returns of the working poor at about the same rate as wealthy taxpayers.
A decade or so ago, a client I’ll call Will hired me to give him a list of tactics to prepare for an unforeseen natural or man-made disaster. I presented my research to him when we met a few weeks later.
A growing network of companies, along with law enforcement and intelligence agencies, are quietly capitalizing on the explosion of data that most of us unknowingly generate as we go about our day.
The island of Nevis covers just 36 square miles, has 12,000 full-time residents, several hundred hotel rooms, and a tiny airport.
Last week, I was in the Commonwealth of Dominica for the first time since 2017’s Hurricane Maria devastated the island.
Our planet’s climate has been changing for billions of years. And it will continue for billions more, until our sun becomes a “Red Giant,” devouring the inner planets in the Solar System, including ours.
With a federal debt now exceeding $23 trillion, it’s good for citizens to learn how our tax dollars are used. In the public interest of understanding the wisdom of...
The “internet of things” (IoT) is a system of web-connected devices or objects (including tracked animals and people) that can transfer data without any interaction between humans and computers.
The world is smaller than ever. After just a seven-hour flight from the US East Coast, you could be in Austria, checking your gold into one of the safest, most private vaults in Europe.
“The empire on which the sun never sets.”
That phrase was first attributed to a priest named Fray Francisco de Ugalde, uttered to King Charles I of Spain during the 16th century.
Last week, I described how federal authorities arrested Virgil Griffith for the crime of making a presentation on cryptocurrencies and blockchains using information anyone can download from the internet.
Hacker and all-around eccentric Virgil Griffith is the latest victim in America’s unceasing battle to punish political crimes.
Should you have to pay thousands of dollars before you can legally work? Or be imprisoned because you don’t have the money to pay a fine?
We’ve all heard about the lady who spilled hot coffee on herself and won a big judgment against McDonald’s. Or burglars suing their homeowner victims for injuries sustained while committing their crimes.
At the end of this past August, an astonishing $17 trillion in global debt had negative yields. About 30% of investment-grade bonds had yields below zero.
In the next few days, President Trump will ask the Supreme Court to declare that he has an absolute right to withhold his tax returns from examination.
If you’re depending on social security or a traditional pension plan to pay for your retirement, chances are you’ll need to work until you die.
Last February, the Supreme Court unanimously ruled that the Eighth Amendment prohibition against “excessive fines and fees” applies to civil forfeiture cases...
Did you know Hollywood star Nicholas Cage played Lois Lane in a Superman movie? Or that Facebook founder Mark Zuckerberg once boasted that the social media giant has “total control of billions of people’s stolen data?”
Given shifting attitudes, it’s harder to publicly argue in favor of offshore investing than it once was.
Many Americans believe that the federal income tax as it’s now imposed is likely unconstitutional.
A fundamental injustice of US tax law is that it discriminates against the approximately nine million Americans who live in other countries.
Starting in the fall of 2003, I spent nearly two years living in Vienna, Austria. I was there to earn a master’s degree (LL.M.) in international tax law from the Institute for Austrian and International Tax Law.
The Financial Action Task Force on Money Laundering (FATF) is perhaps the most important organization you’ve never heard of. The G-7, which is essentially a club for the world's wealthiest nations, set up the FATF in 1989.
Tomorrow is the 18th anniversary of four coordinated attacks in the US by Al Qaeda operatives that killed nearly 3,000 people.
Italy is an amazing country with a long history, outstanding food, great wines, and unsurpassed culture. But it’s facing an economic and political crisis that will lead to a global financial collapse.