Canada to tax Bitcoin transactions

"Canadians using bitcoins, the decentralized crypto-currency that recently went mainstream, must report their incomes and pay taxes as with other earnings, Canada's Revenue Agency (CRA) confirmed following a media request. The issue was clarified in response to a letter by the Canadian Broadcasting Corporation (CBC) ahead of the country's tax season. Two separate tax rules are applicable to the electronic currency. When bitcoins are used as money to buy goods and services, the transaction is treated as barter and is taxable as such. When they are traded at a market for profit, they may be taxed as capital gains." Continue reading

Continue ReadingCanada to tax Bitcoin transactions

Spy, or pay up: FBI-backed bill would fine US firms for refusing wiretaps

"A US government task force is drafting FBI-backed legislation that would penalize companies like Google and Facebook for refusing to comply with wiretap orders, media report. In the new legislation being drafted by US law enforcement officials, refusal to cooperate with the FBI could cost a tech company tens of thousands of dollars in fines, the Washington Post quoted anonymous sources as saying. The fined company would be given 90 days to comply with wiretap orders. If the organization is unable or unwilling to turn over the communications requested by the wiretap, the penalty sum would double every day." Continue reading

Continue ReadingSpy, or pay up: FBI-backed bill would fine US firms for refusing wiretaps

Boston bombers’ uncle married daughter of top CIA official

"Ruslan Tsarni married the daughter of former top CIA official Graham Fuller, who spent 20 years as operations officer in Turkey, Lebanon, Saudi Arabia, Yemen, Afghanistan, and Hong Kong. In 1982 Fuller was appointed the National Intelligence Officer for Near East and South Asia at the CIA, and in 1986, under Ronald Reagan, he became the Vice-Chairman of the National Intelligence Council, with overall responsibility for national level strategic forecasting. At the time of their marriage, Ruslan Tsarni was known as Ruslan Tsarnaev, the same last name as his nephews Tamerlan and Dzhokhar Tsarnaev, the alleged bombers." Continue reading

Continue ReadingBoston bombers’ uncle married daughter of top CIA official

Humiliating Viral YouTube Interview To Cost Job Of Argentina’s Economy Minister?

"Argentine Economy Minister Hernan Lorenzino’s appearance on Greek television in which he abruptly ended an interview and refused to speak about inflation in Argentina has spurred speculation he may quit, Clarin newspaper reported, without citing its sources. President Fernandez met with Lorenzino to express her concern that he lost credibility among voters after he told an aide at the interview that he wanted 'to go' after the reporter asked what he planned to do if the IMF sanctioned the country for not improving its inflation index, Clarin said. Deputy Eco. Minister Kicillof would replace Lorenzino, Clarin said, without citing anyone." Continue reading

Continue ReadingHumiliating Viral YouTube Interview To Cost Job Of Argentina’s Economy Minister?

Graham says FBI should confront people who view ‘Islamist’ websites

"Sen. Lindsey Graham (R-SC), appearing Sunday on CBS’s 'Face the Nation,' said that he believes Americans would be made safer if Federal Bureau of Investigations (FBI) agents would physically confront non-criminals over their web surfing activities, especially if that person is on a watch list and has been looking at 'Islamist' sites online. He added that if someone federal agencies had received tips about 'goes on the Internet for the whole world to see, to interact with radical Islamic websites, how do we miss that?'" Continue reading

Continue ReadingGraham says FBI should confront people who view ‘Islamist’ websites

Tax disclosure report reveals ‘minnows’ paid penalties of as much as 129x tax owed

"Thousands of middle-class immigrants and emigrants owed Uncle Sam less than three hundred dollars of back taxes per year, and for that the IRS put them through a nightmare involving tens of thousands of dollars of penalties and lawyers fees, and threats of criminal charges and jail time if they dared to exercise their right to opt out. This is not tax collection; this is asset confiscation, plain and simple. This of course won’t matter at all to Homelanders, who will continue screaming for traitorous emigrants to be stripped of all their assets and thrown into jail over two and three digit annual income tax deficiencies." Continue reading

Continue ReadingTax disclosure report reveals ‘minnows’ paid penalties of as much as 129x tax owed

US Military and Civil Officials Set to Police in Canada

"In the wake of a dramatic RCMP reveal of two people arrested in Canada in connection with a plot to derail a passenger train, Canadians may have questioned why the United States Department of Homeland Security and the US Federal Bureau of Investigation were involved in the operation. Those who have followed the quiet evolution of Canada-US cross-border policing, however, weren't surprised. Law enforcement agencies in Canada and the US are now working together in an unprecedented way, says the RCMP—and the two countries are hammering out a plan to let agents in both countries drive back and forth across the border as though it wasn't there." Continue reading

Continue ReadingUS Military and Civil Officials Set to Police in Canada

Average Wealth of Members of Congress: House $6.5 Million, Senate $13.9 Million

"By law, members of Congress are only required to report their wealth and liabilities in broad ranges. It's therefore impossible to precisely determine how much value their assets are worth, or have gained or lost. from year to year. The Center for Responsive Politics determines the minimum and maximum possible asset values for each member of Congress to calculate a member's average estimated wealth." Continue reading

Continue ReadingAverage Wealth of Members of Congress: House $6.5 Million, Senate $13.9 Million

Congress proposes adding $4.5 billion to historic highs spent on border security

"Federal spending on border security is at an all-time high -- and it would get even higher under the Gang of Eight’s new plan. The Senate immigration proposal, released last week, would allocate $4.5 billion in the next five years to tighten control of U.S. borders. The U.S. spent nearly $18 billion dollars on immigration enforcement agencies last fiscal year, more than all other law enforcement agencies combined. The bill requires buying as many drones as needed to have 24/7 surveillance of the Southwest border. The U.S. has already purchased 10 border drones, which cost $18 million a piece and roughly $3,000 an hour to operate." Continue reading

Continue ReadingCongress proposes adding $4.5 billion to historic highs spent on border security