PUBLIC RELEASE DATE: 10-Apr-2014 How widespread is tax evasion? Tax evasion is widely assumed to be an eternal problem for governments — but how widespread is it? For the first time, a new study, co-authored by an MIT professor, has… Read More ›
United States Department of the Treasury
U.S. slaps sanctions on 4 senior members of yakuza gang
Crime Dec. 20, 2013 – 11:55AM JST – The sanctions freeze any U.S. assets the four mobsters may have and prohibit U.S. citizens from doing business with them.
USA Debt doesn’t change for 87 days
Wednesday, 14 August 2013 US finally figured out how to get out of debt, by stopping the debt clock :-). The Treasury Department’s Financial Management Service (FMS), which publishes both the federal government’s official Daily Treasury Statement and its… Read More ›
Florida hit by “tsunami” of tax identity fraud: ” file fraudulent tax returns on Turbo Tax “
By David Adams | Reuters – 9 hrs ago View PhotoReuters/Reuters – Seized fraudulent tax mailings are displayed during a news conference in Tampa, Florida, in this undated police handout photo. Tax identity theft skyrocketed to more than 1.2 million cases …more … Read More ›
Germany displaces China as US Treasury’s currency villain
The US Treasury has issued a damning criticism of Germany’s chronic trade surplus in its annual report on worldwide exchange rate abuse, although it stopped short of labelling the country a currency manipulator. The report said Germany’s current account surplus… Read More ›
Japan to overtake China as top US lender: Report
China held about $1.154 trillion of US debt as of August 2012, while Japan held about $1.122 trillion. Lizzy TomeiOctober 16, 2012 19:03 Japan is set to overtake China as the United States’ top creditor, Bloomberg News reported. “China… Read More ›
Engineering Evil 