An Ohio woman was collared for petty theft after she was caught swiping $2.87 in change from a fountain last week.
Deidre Romine said she had just fished the coins out of the Logan County Courthouse fountain in Bellefontaine to buy food when a cop approached her on Oct. 7.
“The cop asked me what I was doing and I was afraid to tell him,” Romine told WBNS-10TV. “The money didn’t belong to anybody, so I just took it out of there.”
After the officer found the stolen change in her pocket, he issued her a summons to appear in court on a petty theft charge.
The unemployed woman said she’s been struggling to make ends meet and about to lose her apartment and now she’s worried that she’ll get locked up.
“I’m trying to feed myself and I’ve got four cats I’m raising and trying to feed them,” she said. “I might go to jail.”
But one man launched an online donation drive to help Romine fight her case.
It was a humbling experience for the chief executive of the world’s most valuable company. Hauled before a Senate panel, Apple’s Tim Cook had to explain how an American company whose American engineers had created the iPhone and the iPad was able to avoid paying any taxes on billions of dollars in profits generated by those products — not to United States, not to any country. The only defense the Cook could conjure up for Apple “stateless” income was that it was all perfectly legal.
A few miles away in Arlington, a 55-year-old economist named Marty Sullivan sat on a folding metal chair at a card table in the garage of his modest brick home and watched the hearing unfold on his laptop computer. Sullivan is one of those unheralded members of the permanent Washington establishment who make things work, at least when the politicians let them. And for two decades, from the same home office, Sullivan has been exposing the tax-dodging schemes of multinational corporations in the columns of Tax Notes, a must-read publication for tax lawyers, accountants and policy wonks.
It was Sullivan who shined an early light on how companies had finagled “transfer prices” — the price one division charges another for parts or services — to shift profits to low-tax jurisdictions.
It was Sullivan who had called out the big drug and tech companies for transferring ownership of their patents and trademarks — the source of much of their profits — to subsidiaries in Ireland and other low-tax jurisdictions.
It was Sullivan who highlighted the absurdity of tax havens in which just a handful of multinationals claimed to earn annual profits that were several times the country’s entire GDP.
And it was Sullivan who in 2010 pieced together from public filings that Apple had understated its reported profits to hide the fact that it was paying a tax rate of less than 2 percent on its overseas profits, shining the spotlight on Apple’s tax avoidance schemes.
“We’ve been banging the drum on this stuff for years,” Sullivan said with just the slightest hint of satisfaction as the morning sun filtered into the garage he shares with bicycles, garden tools, an American flag and an old coffee maker. “But it’s finally gone prime time.”
Mostly as a result of the damage House Republicans sustained during the 16-day government shutdown, we are making changes to our ratings in 15 House seats, all but one in Democrats’ direction. Democrats still have a very uphill climb to a majority, and it’s doubtful they can sustain this month’s momentum for another year. But Republicans’ actions have energized Democratic fundraising and recruiting efforts and handed Democrats a potentially effective message.
Fitzpatrick mostly stuck with the GOP party line during the shutdown. He said he supported a ‘clean’ resolution to reopen the government from day one, but at no point voted against House Speaker John Boehner. They both voted against a majority of the House GOP this week for the bipartisan measure to end the shutdown.
His Democratic challengers seized the opportunity and hammered Fitzpatrick for not doing more to forge a compromise. Kevin Strouse and Shaughnessy Naughton both took turns calling him a hypocrite and equating him with the Tea Party.
Action star and former California Gov. Arnold Schwarzenegger has been lobbying for support to change the law to allow him to run for president in 2016, Page Six has exclusively learned.
We’re told Ahnold has been openly talking about his political ambitions while in New York to promote his new movie with Sylvester Stallone, “Escape Plan.”
One source said: “Schwarzenegger has been talking openly about working on getting the constitutional rules changed so he can run for president in 2016.
He is ready to file legal paperwork to challenge the rules.”
Arnie was born in Austria, and the US Constitution prevents foreign-born citizens from holding the nation’s top job. Any amendment to the Constitution must be approved by two-thirds majority in the House and the Senate.
Hey, as long as it doesn’t favor a Democrat, the Republicans on the Supreme Court should go for it!
Anthropologist Karen Ho talks with Jay about Liquidated: An Ethnography of Wall Street, based on interviews with employees of Morgan Stanley, Merrill Lynch, Lehman Brothers, Goldman Sachs, JPMorgan and other firms.