Search Results for: tax

Grand Theft Economy: Rockstar Games Pays No Tax

Rockstar Games are supposed to be a British business success story. They’re one of the biggest names in the video games industry, and they’ve made billions of dollars through global hits like ‘Grand Theft Auto’ and ‘Red Dead Redemption. In the eyes of many gaming fans, they could do no …

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The British Royal Family is costing taxpayers more than ever

The British Royal Family costing taxpayers UK

Taxpayers in the United Kingdom are paying more money than ever for the Royal Family. The latest Sovereign Grant accounts were published early last week and they show that the monarchy cost £67 million ($86 million) in 2018-19 – a 41 percent increase on the previous financial year. Statista’s Niall McCarthy notes one interesting …

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The $1.25 trillion US national security state budget, taxpayers money wasted

US national security state budget taxpayers money wasted

In its latest budget request, the Trump administration is asking for a near-record $750 billion for the Pentagon and related defense activities, an astonishing figure by any measure. If passed by Congress, it will, in fact, be one of the largest military budgets in American history, topping peak levels reached during the Korean and …

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Pentagon to waste $2.2 billion of taxpayer money to fund Syrian ‘rebels’

Syria issue Pentagon arming funding rebels ISIS

A joint report published yesterday by the Organized Crime and Corruption Reporting Program (OCCRP) and the Balkan Investigative Reporting Network (BIRN) alleged that the Pentagon is supplying up to $2.2 billion worth of Soviet-style arms and ammunition to Syrian rebels. This may come as a shock to some, as President Donald Trump just announced in late July …

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The UK Government’s Big Self-employment Tax U-Turn

UK government self employment tax

When the UK’s latest budget was announced, there were large volumes of complaints regarding their plan on increasing the National Insurance contributions for self-employed workers. However, the Chancellor, Philip Hammond has just announced one week after the budget, that they are going back on the decision to increase national insurance …

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Obama’s eight years of vacationing cost taxpayers $85 million

Obama golf holiday vacation

As America’s first family enjoys its eighth and final vacation in Hawaii, new estimates put the price tag of the Obamas’ annual trip at $3.5 million or more. In total, the cost of the the first family’s personal or largely personal travel during the last eight years comes to $85 …

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