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Companies and if any tax benefits were obtained illegally through unscrupulous asset valuation. they re also looking into untaxed compensation to the company s chief financial officer, allen weisselberg, who investigators are trying to pressure into cooperating against his boss the post previously reported. a lawyer for weisselberg, excuse me, declined to comment, but former president trump issued a lengthy statement last night calling the grand jury, quote, a continuation of the greatest witch hunt in american history. swa confirming it s happening. the trump organization denying it s going. david also with us former u.s. attorney barbara mcquaid and professor at law at georgetown university, paul butler, is with us. david, thank you for being with us and for bringing this ....
Comm Abd Rahim (left) and Comm Ayob Khan displaying the seized bottles of alcohol at a press conference on Wednesday. JOHOR BARU: Some 93 barrels of counterfeit liquor and 5,419 of bottles of untaxed alcohol were seized by the authorities here in a raid under Ops Contraband. Bukit Aman Internal Security and Public Order Department director Comm Datuk Seri Abd Rahim Jaafar said the raid was conducted on a shophouse at Taman Desa Idaman in Senai here at around 6.10am on Monday (May 10) following a tip-off. “Two individuals, a local and a Myanmar national, between the ages of 25 and 35, were also arrested during the raid. ....
European union was making anywhere from 100 to $150 billion a year in deficits to the united states. they were making it and we were losing it and so we had to do something that is fair. not severe. fair. we re losing tremendous amounts of money. the european union is strong on barriers. barriers meaning certain of our products can t come in, including agricultural product. it can t come in. and yet the european union sells openly to the united states and generally untaxed. taxed at a lower level. these are problems we re talking about and working out, and the digital tax is the least of it. i inherited a situation where the european union, which was formed partially for this reason, for a lot of reasons it was formed, partially to make better or take advantage of the united states. ....
Billionaires never pay tax and they re never going to, because they can afford to gain the system just like massive corporations can. so is her plan detailed enough that it will create a systematic change to finally close these loops? it s a great question and historically you re absolutely right. we have allowed wealth to go essentially untaxed, and the plan the answer to your question is you get the tax avoidance that you plan for. i do think the plan is detailed enough to really change the flaws in the system that you just articulated, but it won t happen unless congress decides to do so. we definitely have the mechanisms to tax wealth. maybe not exactly the way she said, by the way. there s a lot of other options to do that. but it won t happen if we don t fund the irs, for example. we re leaving tons of revenue on the table by just underfunding the irs. ....
Senator warren s plan to tax the ultra wealthy. why? i actually agree with something megan said, something is broken. the problem is the thing that s broken is the ability of middle class people to benefit from a growing economy. and a symptom of that brokenness is the accumulation of so much wealth by billionaires. there s three really solid reasons why we absolutely need to start taxing wealth. one is because the concentration of wealth is so extreme now that it s distorting economic growth and our politics and it s really blocking opportunity for lots of low and middle-income people. the second reason why we have to do so is because and this is really something that i give senator warren and sanders a lot of credit for. the extent to which wealth goes untaxed in this country is massively underappreciated. essentially if you re someone that megan was talking about, the american with $100 million or a billion dollars, taxation ....