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Italian Tax Police Raid Facebook Offices

AFP - Italian police on Friday raided the Milan offices of US social media giant Facebook over possible violations of tax laws, Italian media reported. Facebook Italia is based in Milan and is associated with Facebook Inc. in the United States and Facebook Ireland. "Facebook pays taxes in Italy as part of its activity in the country and takes its obligations in terms of Italian tax law very seriously," the ...

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Apple Brings iMac Assembly Jobs Back To The US

When President Obama sat down for dinner with Silicon Valley‚Äôs top executives in February 2011, he asked Steve Jobs what would it take to make iPhones in the U.S.¬†According to reports, Jobs replied, ‚ÄúThose jobs aren‚Äôt coming back.‚ÄĚ So, while it looks like Jobs was right, at least for now, about the iPhones, it might be that some jobs do come back to the U.S. asApple¬†is shifting its¬†assembly of some¬†of¬†the n ...

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34 Signs That America Is In Decline

The United States is clearly in an advanced state of decline.  Many people around the world (and even inside America) rejoice at this, but not me.  I mourn for the country that I was born in and that I still love.  Yes, the United States has never been perfect, but the Republic that our Founding Fathers started truly has been a light to the rest of the world in a lot of ways over the centuries.  Unfortunate ...

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HACK: Sen. Rand Paul voted yes for the $650 billion 2013 NDAA

The National Defense Authorization Act (NDAA) has been passed again. By a vote of 98-0, the 2013 NDAA was unanimously passed in the Senate Tuesday evening. Sen. Rockefeller (D-WV) and Sen. Kirk (R-IL)abstained from voting. The controversial bill authorizes funding for the 2013 military. Somewhere, in the midst of the $650 billion funding bill, mixed in with $88.5 billion for ongoing wars and $60 billion for ...

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73% of New Jobs Created in Last 5 Months Are in Government

(CNSNews.com) - Seventy-three percent of the new civilian jobs created in the United States over the last five months are in government, according to official data published by the Bureau of Labor Statistics. In June, a total of 142,415,000 people were employed in the U.S, according to the BLS, including 19,938,000 who were employed by federal, state and local governments. By November, according to data BLS ...

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Govt. borrows 46 cents of every dollar it spends

The federal government borrowed 46 cents of every dollar it has spent so far in fiscal year 2013, which began Oct. 1, according to the latest data the Congressional Budget Office released Friday. The government notched a $172 billion deficit in November, and is already nearly $300 billion in the hole through the first two months of fiscal year 2013, underscoring just how deep the government’s budget problem ...

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Show This To Anyone That Believes That Taxes Are Too Low

Every year average Americans pay dozens of different types of taxes, and yet many of our politicians are very open about the fact that they want to raise rates even higher and invent even more ways to bleed us all dry. Someday historians will look back and be absolutely amazed at how stupid we were. We have the most complicated tax code in all of human history and at this point the federal tax code is more ...

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DETROIT PLANNING BANKRUPTCY

Even as the state Treasury prepares to begin another financial review of Detroit's books, a plan is being solidified in the governor's office that would guide Michigan's largest city through what is being called a managed bankruptcy. The working concept, still evolving, assumes that the state's financial review would find severe financial distress in Detroit, that Mayor Dave Bing and City Council would be u ...

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Judge Set to Rule on Case that Could Reverse Auto Bailout

A New York federal judge may rule imminently on a case that could reverse the General Motors (GM) bailout and send the company back into bankruptcy, according to sources close to the case. At issue is a backroom deal hatched by GM to fulfill the Obama administration’s demand for a quick bankruptcy, draining the automaker of nearly all of its cash on hand and leaving it in worse shape than it was when it col ...

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Obama’s Staged Coronation Will Cost Taxpayers Over $100 Million

Stephen Dinan reports that "Because next year's inauguration falls on a Sunday, President Obama will hold only a small, private swearing-in ceremony on Jan. 20, and will hold a big public redo the next day. The Inaugural Committee announced Thursday that activities will last three days: a day of service on Saturday, the small private ceremony on Sunday, and the public swearing-in, parade and balls on Monday ...

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NDAA 2.0: NOW ONLINE SALES TAX TO BE EMBEDDED IN NDAA!

This may be the last Christmas of online shopping without paying sales tax. A proposed online sales tax has been offered as an amendment to the National Defense Authorization Act, much to the ire of opponents. The Computer and Communications Industry Association, a group that opposes this move, says that an online sales tax will burden small businesses, “some of the most promising candidates for future econ ...

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