Author: Giovanni Serrapere
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Evading the Taxman: The Effects of Perceived Influence
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Death may be unavoidable, but taxes? Not so much. An estimated $430 billion per year evades capture from tax collecting regimes worldwide. Developing countries are disproportionately harmed by tax evasion, with individual country losses equal to about half of their public health budgets. Generally speaking, tax evasion is any deliberate behavior to avoid…
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Full Disclosure: Financial Profiteering in Congress
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While the threat of the pandemic loomed, Senator Richard Burr (R-NC) was busy stuffing his personal coffers. On Feb. 13, just one day after he was briefed on the severity of COVID-19, Sen. Burr sold over a million dollars in stocks. One week later, the market crashed. Even some of…
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Data Breach Notifications Are Too Complex
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The meteoric rise of electronic transactions has resulted in Americans becoming increasingly vulnerable to data breaches. Data breaches can cause grave harm to the consumer, potentially resulting in identity theft and causing significant monetary loss. In 2017 alone, over 2 billion records were breached, costing impacted consumers $1,000 on average.…