Where The Money Is ##TOP##
Meaningful transparency leads to greater accountability. Texans work hard to earn every tax dollar they send to the state and local governments. This why we publish information about how and where those dollars are spent. We provide easy-to-use tools to track state government spending and most local government entities.
Where the Money Is
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How can policymakers circumvent obstacles to taxing economic elites? This question is critical for developing countries, especially in Latin America where strengthening tax capacity depends significantly on tapping under-taxed, highly-concentrated income and profits. Drawing on diverse literatures and extensive fieldwork, the paper identifies six strategies that facilitate enactment of modest tax increases by mobilizing popular support and/or tempering elite antagonism. Case studies from Chile, Argentina, and Bolivia illustrate the effect of these strategies on the fate of tax reform initiatives. The analysis builds theory on tax politics and yields implications for research on reform coalitions and gradual institutional change.
A bankruptcy creditor is someone who is owed money by a person or business which declares bankruptcy. Sometimes, the money owed to creditors remains undistributed by the bankruptcy court for a variety of reasons.
In this report, we dive into the specifics of how consumer expectations are changing, where this is influencing strategy decision-making and spend from operators, why investment into the fan experience directly affects subscriber acquisition ROI and what will be the driving forces behind serious investment into OTT by sports content rights owners.
The sale of hunting, fishing and trapping licenses all goes directly into the GFP's Wildlife Division's operating budget. In 2020, license sales accounted for over $28 million dollars. This money goes back into habitat and access, law enforcement and administration, wildlife and fisheries management, support services and capitol development.
The sale of park entrance licenses and camping fees all goes directly back into the Division of Parks and Recreation's budget. In 2020, these sales accounted for over $17 million dollars. This money goes back into maintenance and operations, new development and snowmobile trails.
In the 2020 legislative session, the South Dakota legislature passed the Habitat Stamp. Effective July 1, 2020, the stamp is a requirement for any individual over 18 years of age purchasing a hunting, fishing or trapping license. This money goes directly back into improving habitat on public lands or providing public access to private land.
The Hunt for Habitat is a component of Governor Noem's Second Century Initiative. This raffle opportunity became available in 2019 and allows individuals to purchase raffle entries for the opportunity to win one of two hunt packages. The money raised from this raffle goes back into habitat improvement on public lands. Over the past two years, the Hunt for Habitat has raised over $700,000 for habitat.
Your Guide to America's Finances is a re-invention of the Citizen's Guide to the Financial Report of the U.S. Government. This site was created in response to the public's desire to learn more about the financial picture of the United States. Where does the money come from? Where does it go? What are the trends over time? This guide was created to make federal financial information open and accessible to all - reflecting the very principles that our founding fathers set forth when the United States was formed.
If you have a bad Trustee who mismanaged assets, misappropriated them, or just stole them, you may be wondering how to find the money. That is a good question, and not always easy to answer. Of course, much depends on how the money was taken, or whether the money was ever part of the Trust to begin with. Every case is unique, and no one method will work for everyone. But here are some ideas on how assets can be tracked down:
There are professional asset search companies who can locate real property and financial accounts of a specific person. It does cost money to hire an asset search company, but it could be well worth the fee depending on what they find.
Once you have as much financial information as you can muster together, it may be time to call in an expert. A good forensic accountant can take incomplete financial information and piece together a money trail you can follow.
With all the day-to-day noise that we are presented with in the market, it is important to remind ourselves of what consistently drives the market; fear and money-flows. In this piece we focus on the latter.
A poker game around the fold-out table in your recreation room is not an open system; it is both a closed system and a zero-sum game. This means that the aggregate amount of money in the game is fixed, and that the money will flow around the table as the players who lose, transfer the money to those who win. Normally, no outside money comes onto the table, and the amount won equals the amount lost (a zero-sum game).
The economy and the market are not like that. They are not zero-sum games -- at least not in the long-term. They are open systems because new money is able to move onto the table, so-to-speak. Where does this new money come from?
The new money comes from the federal government's budget deficits which involve the creation of money by the monetarily sovereign state. This is something that cannot happen at your poker game, and which--again, unlike your poker game--makes it theoretically possible for all participants in the market to win at the same!
The chart below shows how the wealth in the stock market has been increasing over the last 100 years (M2 data not available before 1980). If it was a zero-sum closed system, the overall value of the stock market would have stayed constant -- just like the overall money at your poker game stays constant.
In addition to the money creation of the Federal government, there is also a form of "temporary" money creation that results from the creation of bank loans (bank credit). When a bank makes a loan, it creates a deposit out of thin air, which is identical to the sovereign's money creation except that it is only temporary--the loan funds are "destroyed" when the loan is paid back. While the loan is in place, however, it functions just like the money created by the sovereign.
NEW YORK (CNNMoney) -- Jon Corzine, the former chief executive officer of the bankrupt broker MF Global, apologized for his firm's failure Thursday and told a House committee that he doesn't know where its missing customer money went.
"I simply do not know where the money is, or why the accounts have not been reconciled to date," Corzine said, in prepared testimony to the House Agriculture Committee on Thursday. (MF Global: Sorting through the debacle.)
Corzine noted that all the European debt securities on MF Global's books matured before 2013, and that the firm had not lost any money on the transactions themselves. Rather, it was done in by margin calls, as well as customers and trading partners taking their business elsewhere following the disclosure of its risky bets.
- The missing money: Corzine said he was "stunned" on Oct. 30 when he was told "that MF Global could not account for many hundreds of millions of dollars of client money." He said he was not involved in the mechanics of the firm's trades and was unsure of what might have happened.
Another witness -- Terrence Duffy, the head of exchange operator CME Group -- told the committee that MF Global had transferred customer money into its own accounts, a severe violation of industry rules. Corzine said he had never ordered such a transfer, continually ducking direct responsibility for the shortfall.
If you set your close of day before 5 p.m. PT/8 p.m. ET, your funds are transferred on the next business day. If you choose to set your close of day after 5 p.m., your money is transferred two business days later (weekends and holidays excluded).
Kanga Mortgage offers the full range of usual mortgage services, but its specialty lies in helping families build wealth and increase net worth through strategic property investment. The company's mission statement says it best: We help future-focused families create and implement a personalized real estate plan so they can stop worrying about money and reach their financial freedom, all while still living an amazing life today. 041b061a72