The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax - In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes.
The Small Business Administration’s rules prevent it from helping most employee- and consumer-owned cooperatives, even though Congress specifically asked it to. The result? Co-ops are largely cut out of the mainstream financial system.
TAP expands, includes more federal spending - IRW’s Accountability Project now includes two decades of federal spending data, representing more than 165 million records.
Rep. Towns Meets with Black Franchise Owners Suing McDonalds May 4th (Nashville, TN) - Rep. Joe Towns Jr. of Memphis will meet on Tuesday, May 4th, 2021 with two of 77 former Black McDonald’s franchise owners who are suing the fast-food giant for racial discrimination.
Adam Lopez, Former Springfield School Board Chairman Pleads Guilty To Felony Theft (Springfield, IL) - Adam Lopez, Former Springfield School Board President and former insurance/financial and fitness businessman, has plead Guilty to felony theft, a Class X Felony, which was the most serious of the charges against him - all other charges were dismissed.