Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Thursday, July 7, 2016

Footballer Lionel Messi And His Dad Sentenced To 21-Months In Jail On Tax Fraud Conviction


Lionel Messi and dad Jorge Messi in court

The Guardian newspaper is reporting that Barcelona football superstar, Lionel Messi and his dad, Jorge Messi, have been sentenced to 21-months in jail on tax fraud charges in Catalonia, Spain. They were given a suspended sentence, which means it is highly unlikely they will have to do actual jail time. Messi has also been assessed a $2,500,000 fine and ordered to pay $6,000,000 in back taxes. Messi's dad has been issued a $2,000,000 fine. Messi pled ignorance stating he did not read what he was signing, regarding the shell companies housing money from his image rights, in offshore locations such as Belize and Uruguay.


Lionel Messi

In February, Messi's fellow Barcelona teammate, Neymar, was also prosecuted for tax fraud in his native Brazil (Brazilian Judge Orders Neymar's Private Jet, Yacht And Sports Cars Seized In Tax Evasion Case). It appears select members of the Barcelona squad were given bad tax advice from the same source.

STORY SOURCE

Lionel Messi Sentenced To 21-Months In Prison

Barcelona's Argentinian soccer star Lionel Messi has been sentenced to 21 months in prison and fined 2 million euros ($2.2 million) after being found guilty of three counts of tax fraud, a court in the Spanish city said on Wednesday. The court handed the same jail sentence to the Argentine soccer player's father, Jorge, and fined him 1.5 million euros. However, in Spain it is customary that those sentenced to under two years for non-violent crimes do not serve time in jail.

Messi, 29, and his father were accused by the Spanish tax office of defrauding the government of 4.2 million euros ($4.7 million) in tax between 2007 and 2009. The court found that they had used a web of shell companies to evade taxes on income from the player's image rights. Messi, five-times World Player of the Year, said during the trial that he had no knowledge of the dealings and that his father had control over his financial affairs...

Wednesday, October 28, 2015

IRS Under Fire For Continuing To Illegally Target Conservatives And Christians On The Orders Of The Obama Administration


U.S. President Barack Obama

The Judiciary Report was the first to break the story in 2009 about the Obama Administration criminally targeting Christians and conservatives through the U.S. Internal Revenue Service (IRS) in unlawfully withholding income tax returns and tax status that is due to all Americans in said financial brackets ("News Report: The IRS Targeted Christians Confirming Previous Site Claims"). The matter made its way to Congress, in a set of hearings that are on going. This week, a new report in the press has surfaced stating the problem has flared up again, regarding the Obama Administration discriminating against and harassing Christian via the IRS.

I don't care what political party you support or your race, you cannot legitimately hold the view that it is a good thing interfering with people's income as it relates to taxation. In doing so, the Obama Administration is damaging the economy. People work hard for their money, pay their taxes and expect what is due to them. The same goes for businesses. Each individual and business is supposed to receive the same tax deductions, credits, breaks and status as any other in their financial frame. For the Obama Administration to bring politics and discrimination to the IRS, to abuse and terrorize rivals and those who publicly disagree with the president's policies, is absolutely criminal.

You can't run a country like this. You can't discriminate and harass people on such a fundamental level, their taxes and businesses, as it says something terrible about your presidency that world history is recording. It will be remembered against you. The Obama Administration just keeps dragging America to new lows. You think it is cute, funny and showing people who's boss, but you are going to destroy America with what you are doing via this corruption in business, the courts and at the feds (FBI, CIA and NSA) and the history books will credit you as the despot that did it.

RELATED ARTICLES
 
 
 
 
 

Thursday, October 8, 2015

Jay Z And Beyonce Engaging In Mansion Rental Scheme To Defraud The IRS And U.S. Taxpayers


Beyonce to Jay Z: you know she's gonna snitch on us to the IRS, we shouldn't have stolen all that stuff from her

As covered in the column yesterday, rapper Jay Z and his wife, singer Beyonce, are renting another Holmby Hills mansion in Los Angeles, California for $150,000 per month, after being evicted from their previous rental last month, 6-months into a 1-year lease (Beyonce And Jay Z Throw Money Away Again Renting Another Mansion They Can't Afford). The couple were given an eviction notice ordering them to vacate within 60-days, as the home they wanted to buy, but lack the credit and funds to purchase and maintain, has been sold out from under them for $45,000,000.

Now the couple is unwisely renting another mansion for $150,000,000 per month, trying to live like Bill Gates (does) and Steve Jobs (did), men Jay Z laughably labeled his peers during interviews and in a distasteful rap song. Jay Z and Beyonce want the high life, but can't afford it at that level.

Leasing homes out of their price range and then billing it to the U.S. Internal Revenue Service as a business deduction, is essentially fraud. Jay Z and Beyonce are not really doing business in Los Angeles to constitute or qualify for such a write off and for a property far exceeding their actual homestead.

TMZ already let slip they are living there. Most of the couple's business and their office is in New York, where they have a cheaper condo and far less expensive home in New Jersey. The IRS is getting burned by the couple's conduct.

Side Bar: under IRS rules, if you pay taxes on money derived from copyright infringement it is money laundering (and a felony if the sum is greater than $500). If you don't pay taxes on money derived from copyright infringement it is tax evasion (and a felony if the sum is greater than $500).

RELATED ARTICLES
 
 









Saturday, February 8, 2014

Michael Jackson’s Estate Owes The IRS $700 Million In Taxes

 

Michael Jackson

The estate of the late legendary pop star, Michael Jackson, who died of a pharmaceutical drug overdose, owes the U.S. IRS (Internal Revenue Service) $700 million dollars in taxes. Considering how much money the estate has grossed since Jackson’s passing, you know the IRS are licking their lips at the fat check owed to them.

Monday, November 18, 2013

Congress Gives Americans A One Year Extension To Keep Health Insurance After Being Dropped Because Of Obamacare

...But Will It Be Enough


Barack Obama

The US Congress has voted to give Americans a one year extension to keep their current health insurance plans, after millions were dropped due to Obamacare. Previously, President Barack Obama told Americans anyone who wanted to keep their health insurance plan would be able to do so, in spite of Obamacare becoming law. However, the exact opposite happened and many are upset. People are now accusing Obama of not being truthful regarding his previous statements.

One year is not going to be enough time to sort out the confusion and mountains of paperwork associated with this switch. Furthermore, many Americans cannot afford the health care plans under Obamacare, as it is simply too costly. This is going to create financial problems in America. This is also occurring during a time the nation is already economically weakened from the effects of the 2008 financial crisis.


Obamacare website crashed weeks ago upon launch and the government is struggling to get it fixed. One has to wonder if it was hacked or sabotaged as similar government sites and those belonging to health insurance companies have not experienced such sweeping problems indicative of foul play. 

The Judiciary Report has been skeptical of Obamacare from the start, primarily due to its hasty passage, sketchy details and clauses. The site was not in favor of the manner in which Obamacare was rammed through the legislature, with no real forethought to what the true impact would be on the American people once implemented. No one in Congress read all 10,000 pages of the bill before it was passed - a piece of important legislation, which could have said anything.

The site has offered time stamped suggestions, such as medical equipment tax, which was later picked up and put into Obamacare several months later (Can ObamaCare Work). However, there are other aspects of Obamacare that need to be changed. You can’t charge the middle class high insurance rates to cover the poor. It’s not going to work. It will economically weaken the middle class that already took a terrible financial battering in the 2008 crisis. Many still have not recovered from it.


People without preexisting conditions should have lower rates, as their health histories indicate it will cost less money to treat them. Rich people with preexisting conditions should be required to pay more, within reason, as they can afford it. A new pharma drug tax on pharmaceutical companies could be enacted and implemented as well, to help pay for the poor with preexisting medical conditions which places them at high risk. It would offset some of the costs.

If you make a certain amount of money, in a higher tax bracket than average, there should be no tax rebates or subsidies granted under Obamacare. Tax rebates and subsidies on Obamacare should only be for lower and middle income people.

Friday, October 4, 2013

Can ObamaCare Work


Barack Obama
 
Can U.S. President Barack Obama's Patient Protection And Affordable Care Act work? Yes, but it will require a lot of work. Britain and Canada have successfully run national healthcare systems for decades, funded by taxes. The template exists via Britain and Canada. Therefore, it can be done in America as well.

However, the sticking point for many is making ObamaCare work without bankrupting businesses and families. The U.S. economy is not out of the woods yet, regarding the health of the national checkbook. The nation is still struggling to recover from the 2008 recession, which was actually a financial depression. The government has been using semantics labeling it something else, as the financial losses were staggering.

There are some points of ObamaCare the Judiciary Report agrees with and (others the site does not). For example, beginning in 2009, the site published a series of original articles discussing the high cost of medical imaging (medical equipment). On March 23, 2010 ObamaCare passed and became law and included in the 2010 legislation is a small 2.3% "medical equipment tax." Several months prior to ObamaCare becoming law in 2009, the Judiciary Report wrote about this very subject (in articles that are time stamped and have been online for years):

 August 26, 2009 article "Obama Seeks Promo Assistance From Docs" stated, "Another area of significant cost is hospital imaging (MRIs, CT Scans, EMGs, EKGs). I speak from experience. For technology that has been around for some time, it is still very expensive. The government would do well to find a way to alleviate costs associated with imaging, which would save paying patients, Medicare and Medicaid significant sums of money."

November 23, 2009 article "Obama's Approval Ratings Drop To 48%" stated, "The technological angle needs to be looked at as well. When DVD players just came out they were $500-$1,000. Now, you can get one for $29. Why is medical imaging still so expensive after all these years (MRIs, CT Scans, EKGs, EMG). We need a McDonalds imaging solution to this problem."

December 9, 2009 article "
Senator Reid Compares Health Care To Slavery" stated "Look for cost cuts, such as medical imaging, in making the technology more affordable and ways to permanently eliminate Medicare fraud. That will be a great start. It would be great if everyone had solid health care, but the U.S. Congress should pace itself, lest it make the nation's financial condition even worse."

January 26, 2010 article "Obama Prepping For State Of The Union Address" stated "Target medical imaging companies to reduce the cost of their products, such as MRIs, MRAs, CT scans, Doppler, EKGs, EEGs ect... in the manner other technology sectors have done in dropping the price of items such as, DVD players and CD players that used to cost hundreds of dollars, but now can be purchased for 1/10 of their former price. Focus on reducing the price of pharmaceutical drugs, as some only cost $1.00 per unit to manufacture, yet are being sold for $50.00 to $100.00 a bottle. That's just plain greed."

As stated above, the January 26, 2010 article "Obama Prepping For State Of The Union Address" mentioned "Target medical imaging companies to reduce the cost of their products, such as MRIs, MRAs, CT scans, Doppler, EKGs, EEGs ect..." The government did just that months later with ObamaCare, via a special "medical equipment tax" but some in congress are against it. The Judiciary Report is not. These companies are making a fortune, they can afford to give something back to the collective national health of the nation.

When I had a stress induced aneurysm in 2008, which negatively impacted my vision for 2-weeks (thank God my full sight came back, 20/20 vision again, because in some cases it does not) upon receiving a copy of my 4-day hospital bill, I thought I was having another aneurysm and started blinking thinking I was seeing doubles and the first of three bills really didn't say $40,000. Oh, but it did. It wasn't the hospital room or doctor fees that ran up the bill. It was the medical imaging ("medical equipment") used to perform MRIs, MRAs, CT scans, Doppler, an angiography, the EKG and EEG. These "medical equipment" cost are driving up hospital bills all over the nation.

Some sticking points for the Judiciary Report regarding ObamaCare include lack of clarity in reference to opt out clauses for those who do not wish to have their tax dollars spent on items such as abortion. There are many religious people in America who oppose abortion. There are claims the legislation contains an opt out clause regarding abortion fees, but some in the press refute these statements, with allegations of hidden funds within ObamaCare using everyone's funds for said elective medical procedure.

Another point of contention for the site is the fact ObamaCare is 10,535 pages of legislation that even some members of Congress have not read. The thickest book I own is roughly 500 pages. To request the public read 10,535 pages to be in compliance with the law is a lot to ask.

ObamaCare needs to be on audio and or Cliff's Notes. Why? ObamaCare is too much for busy people to read and embedded within the legislation exists serious penalties for those who do not obtain health insurance. I recently read a claim that some of the penalties for not obtaining health insurance is thousands of dollars in fines per year, revocation of one's driver's license and a lien placed on one's property.

The authors of the legislation want you to know they are not playing. Hence the steep penalties. So do not run afoul of the law. However, some may not know the full extent of the penalties, not take it seriously enough and find themselves in a very negative financial situation more costly than actually obtaining health insurance. 
 
A lot of people are going to end up in court, in trouble with the government, because they didn't read or don't understand what the legislation states. Key points need to be condensed into a concise pamphlet, audio recording and government web article.

Another point of contention is some of the prices being bantered about for health care policies under ObamaCare are not cheap. It is being stated student policies can run $175 per month and up. For the average student that's a lot of money to come up with every month for health care. Some can't even afford their university books and transportation costs. 
 
There is also a very serious claim in the New York Times that millions of poor people will not be covered by ObamaCare. People below the poverty line in America are barely making ends meet. Every penny is accounted for and many are still in debt. Poor people need assistance and ObamaCare has to be within financial reach. Many want to try, but if they can't afford health insurance, what are they supposed to do.

In closing, ObamaCare needs improvement if it is to work without causing serious financial issues for Americans. There needs to be careful fine tuning.

STORY SOURCE
 
Millions of Poor Are Left Uncovered by Health Law
 
Published: October 2, 2013 - A sweeping national effort to extend health coverage to millions of Americans will leave out two-thirds of the poor blacks and single mothers and more than half of the low-wage workers who do not have insurance, the very kinds of people that the program was intended to help, according to an analysis of census data by The New York Times…

 
Obamacare Fines to be Seized From Bank Accounts?
 
October 2, 2013 - A man who attempted to sign up for Obamacare online was told that a fine of over $4,000 dollars a year for refusing to take out mandatory health insurance could be taken directly from his bank account, and that his drivers license would be suspended and a federal tax lien placed against his home, according to an entry on the HealthCare.gov Facebook page.

If true, the implementation of Obamacare is going to be a whole lot more draconian than Americans have been led to believe. Will Sheehan claims that when he tried to sign up for Obamacare and then register to opt out, he received an ominous warning. Sheehan’s full Facebook post reads;
"I actually made it through this morning at 8:00 A.M. I have a preexisting condition (Type 1 Diabetes) and my income base was 45K-55K annually I chose tier 2 "Silver Plan" and my monthly premiums came out to $597.00 with $13,988 yearly deductible!!! There is NO POSSIBLE way that I can afford this so I "opt-out" and chose to continue along with no insurance.

I received an email tonight at 5:00 P.M. informing me that my fine would be $4,037 and could be attached to my yearly income tax return. Then you make it to the "REPERCUSSIONS PORTION" for "non-payment" of yearly fine. First, your drivers license will be suspended until paid, and if you go 24 consecutive months with "Non-Payment" and you happen to be a home owner, you will have a federal tax lien placed on your home. You can agree to give your bank information so that they can easy "Automatically withdraw" your "penalties" weekly, bi-weekly or monthly! This by no means is "Free" or even "Affordable."...

 
Waxman on 10,535 Pages of Obamacare Regs: ‘Is It Important That I Read It?’
 
October 2, 2013 - 4:08 PM - (CNSNews.com) – When asked by CNSNews.com whether he had read all 10,535 pages of final Obamacare regulations that have so far been published in the Federal Register, Rep. Henry Waxman (D-Calif.) asked in return whether it was "important" the he read them, dismissed the inquiry as a "propaganda question," and did not ultimately anwer.

CNSNews.com: "What I was going to ask you is if you've read those [10,535 pages] of regulations."

Waxman said: “Have you read them?”

CNSNews.com: "No. Have you read them?"

Thursday, September 26, 2013

The IRS Is Reading Pop Culture Websites And Watching Celebrity Interviews For Leads



Suge Knight

The IRS has been clamping down on celebrities who have not been paying their taxes. The IRS reads blogs and websites like TMZ, which often feature items bragging about expensive items celebrities purchased and how it's chump change for them. The IRS is reading said sites looking for items to move on and have successfully done so.


Suge Knight lost his mansion

When the IRS sees you posing online with your Rolex "Oyster Perpetual" watch, they run a check and see you haven't paid your taxes, they will start to "perpetually" put their foot in your butt to get their cash. Yes, the IRS is gangster like that (LOL).


Young Buck

Ironically, music industry figure, Suge Knight, publicly bragged about illegally commandeering Death Row Records' assets he stated (at the time) is worth $1 billion dollars. The interview caught the attention of the U.S. government, IRS included and they came after Knight, in a series of maneuvers that left him bankrupt.



Young Buck posing with cash in the music video "Stunt 101." The IRS was like we want our cut!

G-Unit rapper Young Buck displayed his wealth in the music video "Stunt 101"among other outlets and the IRS went oh really negro. They went after Young Buck, took his house and everything in it (reportedly down to his kid's Nintendo) over a $300,000 tax bill.


Young Buck counting cash in "Stunt 101" vid. The IRS taught him how to "stunt" alright

During the IRS raid on Young Buck's home, they discovered an illegal weapon. As a felon, Young Buck had been barred from owning a weapon. The gun found during the raid cost him 18-months in prison. He has since filed bankruptcy to wipe out debts, such as a loan from fellow G-Unit rapper 50 Cent.



Richard Hatch from "Survivor" posing with check

Going on high profile shows such as "Survivor" winning $1,000,000 then not paying your taxes, will catch the IRS' eye. That was the case with Richard from "Survivor" and they put him in prison. I'm surprised he didn't think the IRS saw the show. It was on national TV for goodness sake.



Draya Michelle, stripper turned reality star, didn't always report her full income (those dollar bills add up as the year moves along)

Then there's Wesley Snipes. The king tax dodger. The tax dodger to end all tax dodgers. Snipes didn't pay the IRS the $15,000,000 he owed them over the course of several tax years and thought they wouldn't notice. He invoked some sovereign law nobody knew about and twisted existing statues to make his case... and the IRS won. He was sentenced to 5-years in prison and served three.

If the government asks how much money you have this should be your reaction:


Just kidding. Don't lie to the government.

Rappers and R&B stars partial to posing with huge stacks of cash and posting the photos online, yea, the IRS is watching you too. Bragging to the public can be quite costly, with a media savvy government watching and waiting for their cut.

Saturday, August 17, 2013

Should The Government Pay Students To Pass In School In Order To Bring Up National Averages

The Nations That Win The Education Race Will Thrive In The World


Barack Obama

As the new school year is set to begin in America, teachers have articulated their plans with administrators regarding what they hope to teach students in the coming semester. Some students will excel, while others will fall between the cracks. Some will outright fail for various reasons.

The Judiciary Report is of the belief, if a special small tax was created for education, with the goal of providing financial incentives to students who achieve high grades and maintain them, test scores would improve. Money has been a motivator and would work with some students as a reward for excellence.   

Sunday, June 30, 2013

IRS Slaps Jermaine Dupri With Another Massive Tax Lien


Jermaine Dupri

Former rapper and music producer, Jermaine Dupri has been hit with another massive tax lien from the Internal Revenue Service (IRS). The IRS just loves you (um, no they don't). Previously, Dupri borrowed $4,000,000 against his music catalog (is it really worth that) to pay the IRS and state taxes in Georgia. Suntrust has sued him stating he defaulted on the loan.

Now the IRS is back with a vengeance stating Dupri is delinquent on his taxes again and $800,000 is owed to the agency. Maybe Dupri can call his ex-girlfriend, Janet Jackson, whom he cheated on with a stripper he knocked up and ask her to borrow money now that she's married a billionaire (sarcasm).

At the height of Dupri's fame he was very cocky with his money, rubbing people's faces in it. He treated a number of people in the industry badly, resulting in lawsuits for theft and fraud. Dupri's burned many people and now his lavish lifestyle he stole from a number of writers and producers to maintain has caught up with him.

STORY SOURCE

Jermaine Dupri The Tax Party Continues ...

Jermaine Dupri is SO SO Def screwed ... Uncle Sam just slapped the hip-hop mogul with a giant tax bill ... to the tune of $800,000. According to two separate tax liens filed by the IRS (everyone's fav government agency) ... Dupri needs to cough up tax dough from the years 2008, 2010 and 2011. Here's the breakdown:

2008: $646.47 (not so bad)
2010: $140, 889.76 (could be worse)
2011: $657,156.12 (hello, worse)
Grand total allegedly owed -- $798,692.35.

Sunday, June 23, 2013

Call The Fashion Police As Dolce And Gabbana Convicted Of Tax Evasion And Sentenced To One Year In Jail


Dolce to Gabbana: Don't worry boo, I've got your butt, I mean back

Oh, this is so not fierce. The courts in Italy have sided with the government, finding the gay design duo Dolce & Gabbana, real names Stefano Gabbana and Domenico Dolce, guilty of tax evasion on undeclared revenues. As a result of the guilty verdict, the duo have been sentenced to 1-year in a real jail. If they are detained, it certainly will not be by the fashion police. Sashaying to jail is not the look. However, it is unlikely they will see jail, as their sentence is under two-years.

STORY SOURCE

Tuesday, May 21, 2013

News Report: The IRS Targeted Christians (Videos)





This is a follow up the articles The FBI And Ethics and Congressional Senator Confirms The IRS Politically Targeted Conservatives Just As The Site Stated, regarding a scandal the Judiciary Report broke first in regard to the Internal Revenue Service (IRS) targeting conservatives and people who criticize the government online.

A news report today indicates the IRS also targeted high profile Christians and Christian groups with online and or TV presence for harassment when filing tax returns. As my regular readers know, not only have I been criticizing the government online (an issue the FBI emailed the Judiciary Report over a few years ago) I am also a Christian with an online presence, reaching millions.

Congressman lauded for tearing the IRS a new one in Congress last week:



 

So based on the above mentioned criteria, I fit every check box for the harassment that ensued at the hands of the IRS, leading me to break the story online a few years ago. I wasn't trying to start trouble, but at the end of the day, we're all human and entitled to basic rights. No one deserves to be harassed, defrauded or discriminated against. This was a serious misuse of the IRS.

President Obama has publicly denied any knowledge of the harassment campaign, but today it was revealed member of his cabinet at the White House knew and sanctioned it. What I find ironic is the FBI is investigating the IRS in this matter, when they were involved in the misconduct against select people they sent the IRS after, as a form of harassment.