Why isn’t Tumblr talking about the biggest leak in history?
The Panama Papers are information that has the potential to change the world and this story broke over 2 hours ago now. Putin might go to prison. Same with the Saudi-Arabian king Salman ibn Abd al-Asis, the Ukranian president Petro Poroschenko, the former Georgian prime minister Bidsina Iwanischwili, the Argentinian president Mauricio Macri, a quarter of the Icelandic cabinet, several other world leaders, and ‘best soccer player of all time’ Lionel Messi.
This is 2.6 terabytes of leaked data about tax evasion and off-shore companies, drug trade, etc etc etc. Remember Wikileaks? That was huge, right? The Panama Papers dwarf the 1.7GB of data we got out of that.
Rep. Gwen Moore (D-WI) has had enough of the growing movement to drug test poor people who need government assistance. So on Tuesday, she’s introducing a bill that she says will make things fairer.
Her “Top 1% Accountability Act” would require anyone claiming itemized tax deductions of over $150,000 in a given year to submit a clean drug test. If a filer doesn’t submit a clean test within three months of filing, he won’t be able to take advantage of tax deductions like the mortgage interest deduction or health insurance tax breaks. Instead he would have to make use of the standard deduction.
Her office has calculated that the people impacted will be those who make at least $500,000 a year. “By drug testing those with itemized deductions over $150,000, this bill will level the playing field for drug testing people who are the recipients of social programs,” a memo on her bill notes.
Moore has a personal stake in the fight. “I am a former welfare recipient,” she explained. “I’ve used food stamps, I’ve received Aid for Families with Dependent Children, Medicaid, Head Start for my kids, Title XX daycare [subsidies]. I’m truly grateful for the social safety net.”
BREAKING NEWS: millennials and young people aren’t afraid of the word “socialism” and we aren’t afraid of a small bump in taxes either, as long as they’re actually being applied to help people & not just line the pockets of Wall Street billionaires