tagged w/ Payout
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Don’t tax the victims of the Gulf oil spill. That's the message to President Barack Obama from fair-tax activists.
The Internal Revenue Service is going to the Gulf Coast next week to make sure the federal government gets its cut from any oil spill compensation checks BP issues to fishermen and others who have been idled due to the Gulf oil spill.
The IRS plans to hold forums in seven Gulf Coast cities on July 17 “to help victims with tax troubles or questions,” according to an IRS news release. It has also posted tax information for oil spill victims on its Web site.
But Ken Hoagland, author of the book "The FairTax Solution" and organizer of the Online Tax Revolt, told CNSNews.com that the IRS is wrong to tax hard-hit Gulf Coast residents. “It is akin to kicking someone who’s just been hit by a truck,” Hoagland said. “We are calling on the president to direct the IRS to forego tax bills on the BP oil relief payments.”
More at the Link......
http://www.cnsnews.com/news/article/69127Don’t tax the victims of the Gulf oil spill. That's the message to... more
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An Egyptian man has received a $250,000 payout from the FBI because of the way he was treated following the 11 September 2001 terrorist attacks. Abdallah Higazy, 38, sued the bureau, saying he had been unjustly criminally charged and imprisoned for 34 days.
Mr Higazy was studying at the Polytechnic University in Brooklyn on a US government-funded scholarship and staying at the Millennium Hilton Hotel near the Twin Towers.
He said that Mr Higazy was pleased to put the ordeal behind him but that the ordeal was a "traumatic memory that will never leave him completely".
An admission of liability or fault was not part of the FBI agreement. US government lawyers on the case have declined to comment.An Egyptian man has received a $250,000 payout from the FBI because of the way he was... more
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An angry U.S. senator introduced legislation Friday to cap compensation for employees of any company that accepts federal bailout money.
Under the terms of a bill introduced by Sen. Claire McCaskill, D-Missouri, no employee would be allowed to make more than the president of the United States.
Obama's current annual salary is $400,000.
"We have a bunch of idiots on Wall Street that are kicking sand in the face of the American taxpayer," an enraged McCaskill said on the floor of the Senate. "They don't get it. These people are idiots. You can't use taxpayer money to pay out $18 billion in bonuses."
Watch the video here:
http://www.cnn.com/2009/POLITICS/01/30/executive.pay/index.html?eref=rss_latest#cnnSTCVideoAn angry U.S. senator introduced legislation Friday to cap compensation for employees... more
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A female executive could receive a £250,000 payout after winning a sexual discrimination case.
Alison Prowse Piper, 40, was a £100,000-a-year manager tipped for a seat on the board of a £250 million a year company until she took maternity leave. Within days of her revelation that she was pregnant with her third child, her career at Anglian Home Improvements nosedived.
Senior managers who had promoted her to the position of national telecanvasing manager after she was credited with increasing sales to £90 million in 2004 told her she was a "rising star" in the company.
When her third child was born in 2006, 14 months after her second baby, she returned to work for six months for marketing director Martin Troughton, who told her she was getting "boring". He also described her work as "pathetic" and held up her mobile phone in front of colleagues calling it a "useless brick".
Mrs Prowse Piper claimed she was excluded from important meetings, her pay was cut by more than £40,000 and she was humiliated. When she complained of sexual harassment and discrimination the day before she took her summer holiday, she was made redundant.
The company denied all the allegations and said directors did their utmost to help Mrs Prowse Piper return to work successfully. It said her success at the company after the birth of her first child and their willingness to allow her to work part time show their commitment to equal opportunities.
However, employment judge Mrs Christa Christensen upheld all Mrs Prowse Piper's claims in a damning judgment against Anglian which was has just been released. Mrs Christensen said the way Alison was treated by three different directors was disrespectful, dismissive, demeaning, and left her feeling undermined and humiliated. She said: "We consider the change of attitude may have been subtle but it was real. The company's explanations are variously incomplete, unconvincing, inconsistent or implausible. Mr Troughton demeaned her Powerpoint presentation, poked fun at her mobile phone and then rubbished her work. His conduct had the purpose of violating her dignity or of creating an intimidating, hostile, degrading, humiliating or offensive environment for her."
A new hearing will now be held to settle compensation which is likely to amount to two or three times her salary.A female executive could receive a £250,000 payout after winning a sexual... more
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