4124 Tags

death and taxes

2 Articles

View all...

Private prisons get taxed at a lower rate than you do

According to the most recent 10-K filings submitted by the giants of the private prison industry, GEO Group and CoreCivic (formerly known as Corrections Corporation of America), the leaders in for-profit incarceration enjoy an effective tax rate in the low single digits.

Read More

The CIA’s emergency Cold War cash reserves

In 1951, the federal government began paying increased attention to emergency planning, both for natural disasters, warfare or even invasion of the United States. This included a plan to provide for short-term emergency funds for critical agencies like the CIA.

Read More