Chesapeake Energy Cut Royalties
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By: BFallis
Added: 25-06-14
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Let's face it; there are not many worse things that can happen in your life than loosing your soul mate. However, if you have to spend your last days on Earth grieving, why not do it in style? The beautiful wood and glass house featured in Tom Ford's directorial debut is the Schaffer Residence, yet another John Lautner creation, and is utterly gorgeous. This redwood, glass and concrete house was also recently on the market for a cool 1.5 million dollars.
5. Sam Flynn's Container Home, Tron: Legacy
-There are 22,700 IRS agents looking for trouble. They find it. In 2010 they filed 1.64mm cases and as a result collected an extra $57 billion (100% ten year increase). That aint hay. It comes to more than $2.5mm per agent. These nice people are not bounty hunters working commission. They are civil servants. But don't for a second believe that there is no connection to what they collect, and what is their pay grade.
Some bits from the report. Note that there are two ways of looking at this. The results are presented in both percent and raw data. The percent numbers may lead you to conclude that you might not get caught if you fudge some numbers. But the raw data will scare you in a different direction.
-Speaking of high incomes these graphs blow me away. We hear again and again about how terrible it was during the deep recession of 2007-2009. Nonsense. The number of people filing big-ticket returns never dipped. It steadily rose.
Inspired by Frank Lloyd Wright's Fallingwater, this almost perfect home, situated atop Mount Rushmore, is, like many other movie homes, completely artificial. What a shame, because it is utterly gorgeous. Constructed out of a blend of matte paintings and practical sets, this house has large windows that lead out onto the cantilevered balcony, giving a wonderful view across the mountain and the surrounding woods. With a huge open plan living room, maid service and a garden big enough to land a plane in, it's no wonder that Cary Grant was prepared to get his palms scratched to get a peek inside.
2. Syndrome's Lair, The Incredibles
INTERNAL REVENUE SERVICE
FISCAL YEAR 2010 ENFORCEMENT RESULTS
It seems that the good folks at the IRS are burning the mid-night oil. Their results are up across the board, with only one exception. Audited returns for companies with assets greater than $250 million fell by nearly 50% between 2005-2010 (2010:23.44%, 2005:44.1%). This, no doubt, reflects the fact that our large corporations are so honest these days.
-Only 1% of taxpayers with incomes under $200,000 are audited. So you have a 1 in 99 chance of getting hit. However, in 2010 1,428,000 people got "the letter". There are only six cities in America that have a population greater than 1.4mm.
Okay, we know. It's from the same film, but this Kubrick inspired den is one of the most incredible apartments you'll ever see on celluloid. Full of mid-century design classics, such as the Eames 670 Lounge Chair, the Barcelona chair and the Arco floor lamp, this glowing white apartment has a sunken lounge, a fireplace that produces what looks like water flowing upwards, and a view across the digital frontier that is simply like nothing on Earth. Access is secure and there's parking for the fastest lightcycle on the Grid. Your live-in young lady is the delectable Olivia Wilde, who lounges around in skin-tight rubber and, in her wide-eyed innocence, hangs on your every word. She is also able to cure all disease, which is handy if you've been around the block a few times. Eagle-eyed viewers will have noticed that Sam and Kevin's homes are laid out almost identically, although the scale and interior design is somewhat different.
3. The Vandamm Residence, North By Northwest
-If I was wearing an IRS hat the first place I would look is at partnerships. The opportunities for abuses jump out at you in these set ups. The IRS would not hire me. They think quite differently of partnerships in general. Of the 3.4mm partnership and 4.4mm Sub-S returns (7.8mm total) only 28,700 were looked at. A scant 0.37%. Go figure.
In this age of carbon footprint reducing, environmentally responsible, energy saving responsibility, what better way to make your home than out of the detritus left behind by global industry? Sam has shown us how to make responsible use of waste by stacking up these empty shipping containers and turning them into a home. The entire walls simply roll up, creating either an easily accessible front door or providing a view across the harbour. All this and it comes with not one but two Ducati bikes. The jaw-droppingly beautiful Ducati Sport 1000 can be garaged behind the sofa for easy access. Sam can keep his little mutt, though.
4. Kevin Flynn's Grid Hideout, Tron: Legacy
-The final thing to consider when contemplating stiffing Uncle Sam is, "What's the downside?" In 2001 the average tax cheat spent 18 months in the slammer. If you get banged in 2011 you're looking at 27 months.
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