Will Banks Have To Report All Transactions Over $600 to IRS Under Biden Plan?
Announced in April 2021, U.S. President Joe Bidens American Families Plan is an ambitious proposal that aims to expand Americans' access to childcare and education and increase the number of women in the workforce. The plan is to fund all of this through more taxes on higher-income earners and increased reporting requirements of banks that could potentially yield more tax revenue. These reporting requirements have caught the ire of a number of banks that took issue with this less widely known section of the plan. Announced reporting A Facebook post by FNB Community Bank claimed: The Biden administration has proposed requiring all community banks and other financial institutions to report to the IRS on all deposits and withdrawals through business and personal accounts worth more than $600 regardless of tax liability. This indiscriminate, comprehensive bank account reporting to the [Internal Revenue Service (IRS)] can soon be enacted in Congress and will create an unacceptable invasion of privacy for our customers. Facebook post   Another screenshot shared by our readers expressed similar concerns:   The Independent Community Bankers of America (ICBA) even began a campaign, calling on communities to send a letter to Biden to prevent this so-called intrusive proposal": began a campaign, Tell Congress: Don't Let IRS Invade My Privacy The Biden administration is proposing requiring financial institutions report to the IRS all transactions of all business and personal accounts worth more than $600. This is an unprecedented invasion of privacy. In order to knock down this intrusive proposal, please send this letter to your representative and senators immediately. We looked up the proposal itself, and it does require more robust reporting of transactions across business and personal accounts. The proposal, which aims to go into effect after Dec. 31, 2022, states: proposal This proposal would create a comprehensive financial account information reporting regime. Financial institutions would report data on financial accounts in an information return. The annual return will report gross inflows and outflows with a breakdown for physical cash, transactions with a foreign account, and transfers to and from another account with the same owner. This requirement would apply to all business and personal accounts from financial institutions, including bank, loan, and investment accounts, with the exception of accounts below a low de minimis gross flow threshold of $600 or fair market value of $600. We begin by explaining some of the more technical terms in this proposal. A "de minimis threshold" is broadly defined as the amount of a transaction that has such a small value that accounting for it would be unreasonable. We spoke to Visiting Assistant Professor of Tax Law at New York University, Nyamagaga Gondwe, who explained, "It is the amount below which the [IRS] would argue isn't worth investigating. It's the difference between your company giving you a $5 card to Subway, versus traveling on a private jet on your company's dime. [The latter] is worth reporting." In this case, "gross flow" refers to the aggregate inflows and outflows of cash from bank accounts. In sum, the current proposal stipulates that an aggregate amount of less than $600 worth of cash flowing into and out of accounts is not worth reporting.  defined gross flow The "fair market value" refers to the amount people are willing to pay for an asset in the open market. In this case, Gondwe argued, the use of the term could possibly refer to the changing market value of transactions more than $600 that may occur in foreign currency transactions.  refers to The ICBA claims that the proposal will make banks report "all transactions" above the limit, but this is misleading. While it is true that the IRS will have more information on cashflows above $600, that doesnt mean they will have all the information pertaining to all transactions. The Center for American Progress (CAP) points out that banks will only be providing aggregate numbers to the IRS after each year  gross inflow and gross outflow  and not individualized transaction information. This reporting requirement would also extend to peer-to-peer payment services like Venmo, but wouldnt require people to report any additional information to the government. According to The Wall Street Journal, financial institutions must already report interest, dividends, and investment incomes to the IRS, and the IRS can get other information through audits. Center for American Progress extend Wall Street Journal audits According to Marie Sapirie of Tax Notes, a publication focused on tax news, a parenthetical to the proposal indicates that there is some flexibility on raising the minimum account balance/inflow/outflow above $600. Tax Notes parenthetical The Tax Notes report also states that the treasury department estimated this form of reporting would raise $463 billion over the 10-year budget window, making it the third largest revenue raiser proposed in the budget. The aim is to target businesses outside of large corporations that carry out gross underreporting of their income in the amount of $166 billion per year. According to the proposal: Requiring comprehensive information reporting on the inflows and outflows of financial accounts will increase the visibility of gross receipts and deductible expenses to the IRS. Increased visibility of business income will enhance the effectiveness of IRS enforcement measures and encourage voluntary compliance. Tax Notes aim Banks claim this would be an invasion of consumer privacy, with the ICBA saying it would allow the government to monitor account information. However, CAP analysts Seth Hanlon and Galen Hendricks argue, Only the prior years total inflow and total outflow would be reported on annual forms. No one would say that the IRS monitors you on your job because it receives a W-2 from your employer with your total wages every January. saying argue Another challenge not mentioned in the ICBAs consumer alert is the higher costs this reporting proposal may place on banks. In May 2021, a coalition of banking associations wrote a letter to the U.S. Senate Committee on Finance, arguing that they already give a lot of data to the IRS, and that this would impose additional costs on their systems: consumer alert wrote a letter The costs and other burdens imposed to collect and report account flow information would surpass the potential benefits from such a reporting scheme. New reporting would appear to require material development costs and process additions for financial institutions, as well as significant reconciliation and compliance burden on impacted taxpayers. For example, reporting total gross receipts and disbursements would require a new reporting paradigm for depository institutions, which necessitates system changes to collect the information. On the flipside, Sapirie wrote for Tax Notes, the benefits of such a reporting proposal may be difficult to come by: Tax Notes Increasing the amount of information flowing into the IRS would not in itself lead to increased enforcement, and it might come with added challenges. [Former IRS Commissioner Charles O.] Rossotti acknowledged that the IRS today cannot use all the information it already receives, and significant areas of noncompliance are barely addressed, so more reporting alone will not solve the problem. It would almost certainly have a deterrent effect for taxpayers contemplating evasion, but the extent of that effect is unclear, and it might be insufficient to justify the costs to financial institutions and the federal government of implementing such a large new reporting regime. But CAPs analysis argues that this will help prevent tax evasion, while also providing more funding to enhance data security for consumers: CAPs analysis Additional funding would go to enhancing data security. Even at present, the IRS data security is already much better than the financial industry, with only very rare and limited breaches compared to the exponentially bigger data breaches from financial institutions. Second, the reporting of information flows only from financial institutions to the IRS and not in the other direction, as some earlier proposals had called for.  [...] The Biden administrations bank reporting proposal is a critical element of the Build Back Better agenda. It gives the IRS some visibility into opaque forms of income that disproportionately accrue to high-income individuals. Despite fearmongering from bank lobbies, the proposal protects taxpayers privacy while simply requiring banks to provide basic, aggregated information about flows. That enables the IRS to select audits in a more efficient and equitable way so that the vast majority of taxpayers will be less likely to be audited. And by deterring and helping catch tax cheats, the proposal raises substantial revenue for the Build Back Better agenda, which provides critical investments to increase economic opportunities for American families and communities. On Oct. 12, 2021, Speaker Nancy Pelosi defended the proposal in response to a question from a reporter, who said, "[Banks] are concerned about the tracking of transactions that are greater than $600, Americans are starting to get worried about this. Do you think [this] is going to stay in the Reconciliation Bill?"  defended "With all due respect, the plural of anecdote is not data," Pelosi said. "Yes, there are concerns that some people have. But if people are breaking the law and not paying their taxes, one way to track them is through the banking measure. I think $600  that's a negotiation that will go on as to what the amount is. But yes."     Whatever the impact of this proposal is, it does require additional reporting of certain bank transactions, just not in the way the above banks are portraying it. As such, we rate this claim a Mixture. A Scorecard for Reconciliation, Round 2. Tax Analysts, https://www.taxnotes.com/featured-analysis/scorecard-reconciliation-round-2/2021/09/10/783l0?highlight=biden. Accessed 15 Sept. 2021. Community Banks Must Engage Customers on New IRS Reporting Mandates. ICBA, https://www.icba.org/newsroom/blogs/main-street-matters---advocacy/2021/08/19/community-banks-must-engage-customers-on-new-irs-reporting-mandates. Accessed 15 Sept. 2021. Consumer Alert from ICBA. ICBA, https://www.icba.org/bank-locally/consumer-alert-from-icba. Accessed 15 Sept. 2021.Digging Into the Bank Info Reporting Plan. Tax Analysts, https://www.taxnotes.com/tax-notes-today-global/information-reporting/digging-bank-info-reporting-plan/2021/08/30/777dx. Accessed 15 Sept. 2021. Fair Market Value (FMV). Investopedia, https://www.investopedia.com/terms/f/fairmarketvalue.asp. Accessed 16 Sept. 2021. "General Explanations of the Administrations Fiscal Year 2022 Revenue Proposals." Department of the Treasury, May 2021, https://home.treasury.gov/system/files/131/General-Explanations-FY2022.pdf. Accessed 15 Sept. 2021. Gross Cash Flow Definition. Law Insider, https://www.lawinsider.com/dictionary/gross-cash-flow. Accessed 16 Sept. 2021. Hanlon, Seth, and Galen Hendricks. Bank Tax Reporting Is a Critical Component of Bidens Build Back Better Agenda. Center for American Progress, 14 Sept. 2021, https://www.americanprogress.org/issues/economy/news/2021/09/14/503821/bank-tax-reporting-critical-component-bidens-build-back-better-agenda/. Accessed 15 Sept. 2021. ICBA Urges House Panel to Reject IRS Monitoring Plan. Default, https://www.icba.org/newsroom/news-and-articles/2021/09/09/icba-urges-house-panel-to-reject-irs-monitoring-plan. Accessed 15 Sept. 2021. Jagoda, Naomi. Pelosi Defends IRS Bank-Reporting Proposal, Says Specifics Open to Negotiation. The Hill, 12 Oct. 2021, https://thehill.com/policy/finance/576362-pelosi-defends-irs-bank-reporting-proposal. Joint Trades Statement for the Record: Senate Subcommittee on Taxation and IRS Oversight Hearing Entitled: Closing the Tax Gap: Lost Revenue from Noncompliance and the Role of Offshore Tax Evasion." 10 May 2021, https://bpi.com/wp-content/uploads/2021/06/Joint-SfR-Senate-Finance-Subcommitte-Hearing-on-Closing-the-Tax-Gap-051021.pdf. Accessed 15 Sept. 2021. Rubin, Orla McCaffrey and Richard. Biden Tax Plan Leans on Banks to Help Find Unreported Income. Wall Street Journal, 29 Apr. 2021. www.wsj.com, https://www.wsj.com/articles/biden-tax-plan-leans-on-banks-to-help-find-unreported-income-11619701380. Accessed 15 Sept. 2021. Tankersley, Jim, and Dana Goldstein. Biden Details $1.8 Trillion Plan for Workers, Students and Families. The New York Times, 28 Apr. 2021. NYTimes.com, https://www.nytimes.com/2021/04/28/us/politics/biden-american-families-plan.html. Accessed 15 Sept. 2021. "When Is a Minimal Fringe Benefit Not So Minimal?" https://www.wolterskluwer.com/en/expert-insights/when-is-a-minimal-fringe-benefit-not-so-minimal. Accessed 16 Sept. 2021. Oct. 14, 2021: Added Pelosi's comments on the proposal.
Claim:  Aspiring work-at-homers promised big bucks for acting as intermediaries for international transactions wherein they cash checks for other parties have been defrauded by con artists.  REAL FRAUD WHICH COSTS ITS VICTIMS THOUSANDS OF DOLLARS Example:  [Collected on the Internet, 2004] Good day, my name is Evaldas Vytautas. I'm Sales Manager of Lionder Web Design Agency. We are situated in Vilnius, Lithuania. Lionder Web Design Agency is pleased to offer you the position of Exchange Manager for our organization. We are excited about the potential that you bring to our company. We work with corporate clients and some of them prefer to do wire transfers, however we cannot receive international wire transfers because of heavy taxes. Tax for international wire transfer is 25% In Lithuania. There is no sense for us to work in such a way, however we don't want to lose our clients. You need to have Paypal/bank account. System is completely automated. You will work only 1-2 hours a day, receive, process payments from our clients through your Paypal/bank account. Report about all new payments, act only within the limits of law  earn minimum $1500-$2000 per month. Your salary will be 5-15% from every processed amount (you begin from 5%). To join the minimum requirements include : -MINIMUM QUALIFICATIONS (Skills, Knowledge, Ability, etc.)-The minimum qualifications are diploma or equivalent.-Must be able to multi-task and have good communication skills.-Knowledge of MS Word and other basic computer programs.-This being a new field there is NO experience needed. HOW TO APPLY: If you would like to pursue this opportunity simply send Your Resume (CV) to resume@lionder.net OR Download Job Application Form  (www.lionder.net/Job_Application_Form.doc), fill it in and send us to resume@lionder.net (No phone calls please. Callers will not be considered for the position). We will respond promptly. Please don't feel shy to contact our Online Support and ask any questions you will have: Contact Name: Julie JakulyteICQ- 257235542,AOL IM Screen Name- Jakulyte,Yahoo! ID: JJakulyte,MSN- Jakulyte@hotmail.com. No agencies, please. Lionder Web Design Agency is an equal opportunity/affirmative actionemployer. For more information about who we are and what we do, please visit our webiste  www.lionder.net It is necessary that we know your decision by November 20, 2004, so that we can plan accordingly. Regards, Evaldas VytautasLionder Web Design Agency Origins:  In   2004 we began noticing a new scam targeting those searching for part-time paid duties that could be performed from home. This new con uses the promise of high-paying work to lure eager job seekers into being defrauded themselves or used to steal from others. Those so led down the garden path are pulled in by advertisements for jobs involving the forwarding of monies or goods collected in the U.S. to business entities in other countries. Supposedly, the successful applicants will make thousands of dollars through working from home for a few hours a week, with no special skills or training required. Sometimes international wire transfers are specifically mentioned in these solicitations, and the terms "import/export specialist," "marketing manager," and "financial manager" often turn up in their wording. The reputations of the venues where the ads are found proves no protection to those looking for such opportunities, in that this work-at-home scam has been touted thousands of times on popular job web sites including Monster, Careerbuilder, Careers.com, and Yahoo! Hotjobs. This con operates in one of two of ways, both of which leaves hopeful job seekers in a mess of trouble:  In its more usual incarnation, successful job applicants are tasked with depositing checks for varying amounts (anywhere from a few thousand dollars all the way into the six-figure range) into their personal bank accounts and relaying to their new employers 95% of the amount banked, keeping 5% as their commission. The explanation given by the employers for that which necessitates their having someone cash checks on their behalf varies from come-on to come-on, but the need to believe in 'something for nothing' (in this case a high steady income in return for a few hours' work per week) blinds the about-to-be-defrauded to the glaring implausibilities inherent to these tall tales of strange government-imposed restrictions, exorbitant tax rates in the homeland, the need to fly under a competitor's radar, and the like. The checks the unsuspecting dupes are given to deposit are worthless, but this detail is not discovered by them or their banks until weeks after the fact, which is long after 95% of the face value of said financial instruments has been wired to the thieves. As is the case in the 'cashier check' scam (sellers are duped into accepting cashier checks in excess of the amounts they seek for their goods on the understanding they are to forward the additional monies to third parties), the scam works because the Federal Deposit Insurance Corp. (FDIC) requires banks to make money from cashier's, certified, or teller's checks available in one to five days. Consequently, funds from checks that might not be good are often released into payees' accounts long before the checks themselves have been honored by their issuing banks. High quality forgeries can be bounced back and forth between banks for weeks before anyone catches on to their being worthless. cashier check In this form of the scheme, those who'd thought they were about to pack up and move to Easy Street thanks to their new jobs as international relayers instead find themselves on the hook for the amounts they wired to others. That the original checks were worthless does not absolve those who deposited them from financial responsibility for the funds they subsequently instructed their banks to pay out  the two transactions (the deposit and the disbursement) are regarded as separate. Therefore, if a hypothetical erstwhile wire transfer facilitator handled a bogus check for $10,000, instead of netting $500 (his 5% fee), he would be out $9,500 (the amount he had his bank wire to those who'd conned him).  The mayhem doesn't necessarily end there. There is a further danger that, now armed with the dupe's banking information from the wire transfer, these same thieves can use those numbers to create a demand draft to  withdraw funds without confirmation from the hapless job seeker's bank account until there's nothing left in it but dust. demand draft  In another version of the con, those who land these coveted 'jobs' are tasked with collecting payments from their new employers' clients in the U.S. and wiring these funds back to the home office, retaining a specified portion of the recouped accounts as their fees. Only after the fact does it come to light that the deposited checks were for non-existent merchandise vended through online auction sites, usually about the time that the police come a'knocking on the door. This form of the wire transfer scam mirrors a type of the CNP fraud in which job-seeking dupes are hired to repackage and ship to Nigeria goods purchased on stolen credit cards. As with the wire transfer come-on, the promise of  easy, high-paying part-time work blinds those who unwittingly become part of an international theft ring thanks to their desire to believe in the job fairy. In both cases, they're the ones left holding the bag when the police turn up to ask questions about the monies or goods others have been duped out of.Those searching for employment opportunities that will allow them to work from home are all too often the very people who can least afford to be defrauded. Although a great many folks  CNP daydream about earning livable incomes from the comfort of their dens rather than having to make the trek to their offices each day, they do not as a general rule of thumb search for such job openings with the same fervor as do the elderly, the physically afflicted, or the parents committed to remaining at home with their preschool children. Members of those groups hunt for work-at-home opportunities because laboring in more traditional job settings is impossible for them. Because genuine offers of work of this nature are few and far between, with the need to secure a steady income becoming more of a pressing issue with each passing non-employed day, those folks are at far greater risk of being victimized by such schemes  their desperation leads them to be gulled by pie-in-the-sky promises and mollified by the wild backstories that go with them whereas the financially better off are more likely to remain convinced something is very wrong with the offer of mucho bucks in exchange for only a few hours' labor performed from home each week by folks possessed of no special training or skills. Barbara "reshipboard romance" Mikkelson How To Avoid Falling Victim To Reshipper Scams: Avoid job listings that use these descriptions: "package forwarding," "reshipping," "money transfers," "wiring funds" and "foreign agent agreements." These and similar phrases should raise a red flag.   Do not be fooled by official-sounding corporate names. Some scam artists operate under names that sound like those of long-standing, reputable firms.   Never forward or transfer money from any of your personal accounts on behalf of your employer. Also, be suspicious if you are asked to "wire" money to an employer. If a legitimate job requires you to make money transfers, the money should be withdrawn from the employers business account, not yours.   Do not give out your personal financial information. A potential legitimate employer will not request your bank account, credit card or Paypal account number. Provide your banking information only if you are hired by a legitimate company and you choose to have your paycheck direct deposited.   Do not fax copies of your ID or Social Security number to someone you have never met. Credit checks and fake IDs can be obtained with this information. Give these documents to your employer only when you are physically at the place of employment.   If you have questions about the legitimacy of a job listing, contact your Better Business Bureau, your state or local consumer agency, or the Federal Trade Commission.   Stop believing in the chimera of "something for nothing."  Additional Information:      Work-at-Home Schemes   (Federal Trade Commission)       Work-at-Home Schemes   (Better Business Bureau)   Last updated:  11 July 2011 <!-- Though some gun owners have accused State Farm insurance online of not being a "good neighbor" toward them, two claims  which appeared eighteen years apart  have proven to be outliers and not indicative of any bias against firearm owners or manufacturers. The most recent iteration of the claim is connected to a photograph circulating online of a letter dated 18 March 2018 from the company concerning a Minnesota-based gunmaking business applying for coverage: State Farm Fire and Casualty Company is unable to provide the coverage you requested in your application because: - we don't provide coverage for businesses engaged in manufacturing firearms.   The photograph was subsequently circulated in various disreputable blogs, claiming that State Farm had been, among other things, "cucked." A State Farm spokesperson, Sevag Sarkissian, would not comment on specific policies or applications. But he did tell us via e-mail: This is not a firearms focused issue  State Farm generally does not insure manufacturing businesses. Insurance companies specialize in insuring different types of risks. Manufacturing businesses are not a type of risk that State Farm has selected to specialize in writing. Insurance companies as a whole each weigh the types of products they take on for their policies, said Michael Barry, a spokesperson for the Insurance Information Institute, a non-profit trade group. "I think it's fair to say that some products are riskier to ensure than others," he said: For instance, Tesla [self-driving] automobiles are in all likelihood going to be costlier to insure because there isn't a past performance chart on the risks inherent operating these vehicles in the same way that there are individual operated vehicles. However, he said, that inherent risk is not an indicator of any industry-wide embargo against firearm makers: There are some insurers who are willing to underwrite certain risks where others choose not to. If I'm a gun manufacturer and I need an insurer, I'm confident that with enough due diligence and research I can find a number of prospective insurers. Eighteen years earlier, a South Carolina man also accused State Farm of discriminating against gun owners, saying that the company cancelled his homeowner's insurance policy after he revealed to an agent that he engaged in recreational shooting in a gun range on his property. The agent, he said, cited a "factor of increased risk" in terminating the policy, while also giving him seven days to find another insurer. man Sarkissian told us: State Farm's homeowner policy provides limited coverage for personal items like firearms, jewelry and other valuables. State Farm's personal articles policy provides broader coverage for personal items like firearms, jewelry and other valuables. On a homeowner insurance policy application, State Farm does not ask if a homeowner owns any firearms. That would only come up if a customer specifically wanted additional coverage for firearms under their homeowner policy or if they chose to purchase a personal articles policy for broader coverage options. While not addressing the South Carolina man's case specifically, Michael Barry said that when insurance companies cancel coverage for policy holders, it is typically due to two reasons: non-payment on the policy, or a "material misrepresentation" on the part of the policy holder on their initial application. But he refuted the idea that State Farm or the insurance industry as a whole were "dropping" gun owners from their clienteles. "I haven't even heard that anecdotally," said Barry, whose group is based out of New York: There's a whole big country out there west of the Hudson. A lot of home insurers would have trouble staying in business if they took that stance when it comes to gun owners, an unwillingness to assume the risk. In February 2018, the National Rifle Association accused another company, Delta Airlines, of being biased against firearm owners after Delta announced that it would end a travel discount for the group's members. The airline responded by pointing out that a total of thirteen members had used the discount. responded Horton, Alex. "Only 13 NRA Members Used Delta's Discount. Ending it Cost the Airline a $40 Million Tax Break."
  Washington Post. 3 March 2018. On Aug 22, 2023, a photo of a November 2021 headline from the National Review went viral on X, the social media platform formerly known as Twitter. The headline asserted that "In Germany, you must be fully vaxxed before your death by assisted suicide." a photo headline  The headline was never accurate, and the underlying story, at the time tweet went viral in August 2023, was out of date. In late November 2021, at the height of the COVID-19 pandemic, a German euthanasia association, Verein Sterbehillfe, issued a news release mandating compliance with so-called 2G regulations. As described by the BBC, "2G stands for genesen (recovered in the past six months) or geimpft (vaccinated)." Many predominantly right-wing publications highlighted this press release as an example of Covid-19 regulations gone too far. The Spectator, for example, wrote on Nov. 28, 2021, that: news release described wrote Irony has been declared many times in this pandemic but now, from Covid-riddled Germany comes the final proof: you can't kill yourself now unless you've been vaccinated. As European countries battle to limit the spread of the virus, Verein Sterbehilfe  the German Euthanasia Association  has issued a new directive, declaring it will now only help those who have been vaccinated or recovered from the disease. Several important pieces of context are missing from both the headline claim that Germany mandated this compliance and also the notion that this organization mandated these health regulations for the safety of the person ending their life. Neither implication is true. Verein Sterbehilfe is not a German governmental agency  it is, instead, a not-for-profit membership-based club that offers assistance and planning for people and their loved ones looking to exercise their right to self-determination in their death: i.e., to end their life instead of progressing through a painful or incurable illness. is not It was on behalf of the later population that the COVID policies were mandated, per Sterbehilfe's news release: news release Euthanasia and the preparatory examination of the personal responsibility of our members willing to die require human closeness. But human closeness is a prerequisite and breeding ground for the transmission of the coronavirus. As of today, the 2G rule applies in our club, supplemented by situation-related measures, such as quick tests before encounters in closed rooms. Snopes reached out to Verin Sterbehilfe to ask if any COVID-19 restrictions remained in place at the organization at the time of this reporting, but we did not receive a response. Because Germany made no such regulation regarding assisted suicide, because Verin Sterbehilfe is a nongovernmental organization, and because the story at issue was multiple years out of date, the assertion was False. "Covid: Germany Puts Major Restrictions on Unvaccinated." BBC News, 2 Dec. 2021. www.bbc.com, https://www.bbc.com/news/world-europe-59502180. Hufige Fragen | Verein Sterbehilfe. 1 Apr. 2020, https://www.sterbehilfe.de/haeufige-fragen/. "In Germany, You Must Be Fully Vaxxed before Your Death by Assisted Suicide." National Review, 28 Nov. 2021, https://www.nationalreview.com/corner/in-germany-you-must-be-fully-vaxxed-before-your-death-by-assisted-suicide/. Steerpike. "German Euthanasia Clinics Refusing Unvaccinated Customers." The Spectator, 26 Nov. 2021, https://www.spectator.co.uk/article/german-euthanasia-clinics-refusing-unvaccinated-customers/. Sterbehilfe Nur Noch Fr Geimpfte Und Genesene | Verein Sterbehilfe. 20 Nov. 2021, https://web.archive.org/web/20211120122435/https://www.sterbehilfe.de/sterbehilfe-nur-noch-fuer-geimpfte-und-genesene/. Former U.S. President Donald Trumps first wife, Ivana Trump, was laid to rest at the Trump National Golf Club in Bedminster, New Jersey, based on media reports and photographs taken of the site.  laid to rest New York Post reporters visited the golf club and photographed Ivana Trumps grave. Their report included a number of shots from different angles, including one revealing a wooded area near the site.A source told the New York Post that Ivana was buried not too far from the club house. According to the report, she was buried in a place that was not visible to golfers as they tee off for a round of golf. The small section of the club where she was buried is below the backside of the first tee. New York Post wooded area source  A number of memes consisting of edited versions of those photographs went viral in late July 2022, with one in particular getting tens of thousands of likes and comments on Instagram. The image  posted by Instagram account homegrownterrorists   showed a golf cart rolling past what appeared to be Ivana Trump's gravesite. homegrownterrorists  It's clear that this photograph is fake when it's compared to the pictures published in the New York Post article. The gravesite has been inserted into a wider shot of a golf cart on a golf course fairway. Unlike the Post's photographs, the manipulated image doesnt show a wooded area immediately adjacent to the grave. New York Post article A separate rumor speculates that Trump used the burial site for tax break purposes. Indeed, the New Jersey tax code does exempt cemetery land from all taxes, rates, and assessments. Potentially, her grave could save the property from paying a significant sum in a state with high tax rates. According to the code, a cemetery company is exempt from paying real property taxes, income taxes, sales and use taxes, business taxes, and inheritance taxes; cemetery trust funds are also exempt from taxes. tax code code Trump has expressed his desire to be buried at the New Jersey golf course for years. His company even described it as his favorite property in a 2014 filing with the state. A 2017 Washington Post report revealed how he had been trying to convince local authorities to let him build cemeteries at the golf course since 2007. After numerous attempts, two of his plans were approved around 2017, but construction for them had not begun. The 2017 report said that the Trump Organization still needed to apply for state approval to make the land a public cemetery.  Washington Post However, Ivana Trump is the first known family member to be buried at the Bedminster golf club. Brooke Harrington, a sociology professor at Dartmouth and tax researcher, pointed out that the tax code has no stipulation for a minimum number of human remains needed for the tax breaks to apply. known Brooke Harrington tax code  Documents published by ProPublica show that the Trump Family Trust had sought to designate a property in nearby Hackettstown, New Jersey, as a non-profit cemetery company.  ProPublica However, this was not the first time Trump had been accused of trying to reduce his taxes on the property by varying its use. A 2016 Wall Street Journal report found that the golf club benefited from a farmland tax break because part of the land was designated for agricultural purposes  specifically for hay production and a small herd of goats. The Huffington Post reported in 2019 that he had saved around $88,000 that year. Wall Street Journal Huffington Post New Jersey laws state a landowner must have no less than five acres of farmland actively devoted to an agricultural or horticultural use for the two years immediately preceding the tax year being applied for and meet specific minimum gross income requirements based on the productivity of the land. New Jersey laws A representative for the Trump Organization told Fortune magazine that the links being drawn between Ivana Trump's gravesite and tax laws were truly evil. Fortune While it is unknown if the choice of this location for her grave had any connection to taxes, the Trump family has a history of seeking ways to reduce tax bills. Furthermore, given the photographs, and an acknowledgement from a Trump representative regarding the location of her grave while denying the rumors connecting it to tax laws, we rate the overall claim as True. "Cemeteries, Funerals & New Jersey Taxes." New Jersey Division of Taxes, https://www.state.nj.us/treasury/taxation/pdf/pubs/sales/anj22.pdf. Accessed 1 Aug. 2022. "Department of Agriculture | Soil Evaluation Mapping Tool." Nj.gov. https://www.nj.gov/agriculture/home/farmers/farmlandassessment.html. Accessed 1 Aug. 2022. Fahrenthold, David A. The Mystery of Donald Trump and the New Jersey Cemetery. Washington Post, 10 Mar. 2017. www.washingtonpost.com, https://www.washingtonpost.com/politics/the-mystery-of-donald-trump-and-the-new-jersey-cemetery/2017/03/10/7823f63c-facb-11e6-bf01-d47f8cf9b643_story.html. Accessed 1 Aug. 2022. Helmore, Edward. Will Ivana Help Donald Trump with Tax Breaks from beyond the Grave? The Guardian, 31 July 2022. The Guardian, https://www.theguardian.com/us-news/2022/jul/31/donald-ivana-trump-cemetery-golf-course-taxes. Accessed 1 Aug. 2022. How Trumps Goats Likely Save Him $88,000 A Year. HuffPost UK, 15 Aug. 2019, https://www.huffpost.com/entry/trump-golf-goats_n_5d546ebce4b08385506719f1. Accessed 1 Aug. 2022. Photos Show Ivana Trumps Grave at Trump National Golf Club in Bedminster, NJ. New York Post, 28 July 2022, https://nypost.com/2022/07/28/photos-show-ivana-trumps-grave-at-trump-national-golf-club-in-bedminster-nj/. Accessed 1 Aug. 2022. Roberts, Ken Schwencke, Mike Tigas, Sisi Wei, Alec Glassford, Andrea Suozzo, Brandon. Trump Family Trust - Nonprofit Explorer. ProPublica, 9 May 2013, https://projects.propublica.org/nonprofits/organizations/465718872. Accessed 1 Aug. 2022. Rubin, Richard. Goat Herd Helps Trump Lower Tax Bite. Wall Street Journal, 20 Apr. 2016. www.wsj.com, https://www.wsj.com/articles/goat-herd-helps-trump-lower-tax-bite-1461191607. Accessed 1 Aug. 2022. Will Ivana Trumps Burial at Donalds Golf Club Give the Former President a Tax Break? Fortune, https://fortune.com/2022/08/01/does-donald-trump-get-tax-break-by-burying-ivana-trump-at-trump-national-golf-club/. Accessed 1 Aug. 2022. Messages offering a seemingly helpful heads-up about how to deal with a situation in which one is forced to hand over money withdrawn from an ATM under duress began circulating on the Internet in September 2006:  I just found out that should you ever be forced to withdraw monies from an ATM machine, you can notify the police by entering your Pin # in reverse. The machine will still give you the monies you requested, but unknown to the robber, etc, the police will be immediately dispatched to help you. The broadcast stated that this method of calling the police is very seldom used because people don't know it exist, and it might mean the difference between life and death. Hopefully, none of you will have to use this, but I wanted to pass it along just in case you hadn't heard of it. Please pass it along to everyonepossible. [Collected via e-mail, December 2008] PIN NUMBER REVERSAL If you should ever be forced by a robber to withdraw money from an ATM machine, you can notify the police by entering your PIN # in reverse. For example if your pin number is 1234 then you would put in 4321. The ATM recognizes that your pin number is backwards from the ATM card you placed in the machine The machine will still give you the money you requested, but unknown to the robber, the police will be immediately dispatched to help you. This information was recently broadcast on CTV and it states that it is seldom used because people don't know it exists. I checked with my Bank of Nova Scotia to see if this was correct and staff said yes this information is correct. Please pass this along to everyone possible. [Collected via e-mail, June 2009] WHEN A THIEF FORCES YOU TO TAKE MONEY FROM THE ATM, DO NOT ARGUE OR RESIST, YOU MIGHT NOT KNOW WHAT HE OR SHE MIGHT DO TO YOU. WHAT YOU SHOULD DO IS TO PUNCH YOUR PIN IN THE REVERSE, I..E IF YOUR PIN IS 1254, YOU PUNCH 4521. THE MOMENT YOU PUNCH IN THE REVERSE, THE MONEY WILL COME OUT BUT WILL BE STUCK INTO THE MACHINE HALF WAY OUT AND IT WILL ALERT THE POLICE WITHOUT THE NOTICE OF THE THIEF. EVERY ATM HAS IT; IT IS SPECIALLY MADE TO SIGNIFY DANGER AND HELP. NOT EVERYONE IS AWARE OF THIS. FORWARD THIS TO ALL YOUR FRIENDS AND THOSE YOU CARE However, the word "seemingly" applies in this case because the tip is only a chimera, as entering one's Personal Identification Number (PIN) in reverse at Automated Teller Machines (ATMs) does not automatically summon the police. The Credit Card Accountability Responsibility and Disclosure Act of 2009 compelled the Federal Trade Commission to provide an analysis of any technology, either then currently available or under development, which would allow a distressed ATM user to send an electronic alert to a law enforcement agency. The following statements were made in the FTC's April 2010 report in response to that requirement: report FTC staff learned that emergency-PIN technologies have never been deployed at any ATMs. The respondent banks reported that none of their ATMs currently have installed, or have ever had installed, an emergency-PIN system of any sort. The ATM manufacturer Diebold confirms that, to its knowledge, no ATMs have or have had an emergency-PIN system. Ergo, there aren't and haven't ever been "reverse PIN" technologies despite online claims dating to September 2006 that anyone being robbed at an ATM simply had to enter his or her PIN in reverse to summon help. Moreover, said that FTC report: The available information suggests that emergency-PIN and alarm button devices: (1) may not halt or deter crimes to any significant extent; (2) may in some instances increase the danger to customers who are targeted by offenders and also lead to some false alarms (although the exact magnitude of these potential effects cannot be determined); and (3) may impose substantial implementation costs, although no formally derived cost estimates of implementing these technologies are currently available. The reverse PIN system was first imagined in 1994 and patented in 1998 by Joseph Zingher, a Chicago businessman. His SafetyPIN System would alert police that a crime was in progress when a cardholder at an ATM keyed in the reverse of his personal identification numbers. The flip-flopped PIN would serve as a "panic code" that sent a silent alarm to police to notify them that an ATM customer was acting under duress. Because palindromic PINs (e.g., 2002, 7337, 4884) cannot be reversed, Zingher's system included work-arounds for such numeric combinations. However, Zingher had little success in interesting the banking community in SafetyPIN despite his pitching it to them with great persistence over the years. He did in 2004 succeed in getting the Illinois General Assembly to adopt a "reverse PIN" clause in SB 562, but the final version of the bill watered down the wording so as to make banks' implementation of the system optional rather than mandatory: "A terminal operated in this State may be designed and programmed so that when a consumer enters his or her personal identification number in reverse order, the terminal automatically sends an alarm to the local law enforcement agency having jurisdiction over the terminal location." SB 562 In 2006, Michael Boyd pressed the Georgia State Assembly to pass a law requiring banks to create ATM panic codes that would operate the machines normally while also alerting police. His wife, Kimberly Boyd, was killed on 12 September 2005 after being carjacked by convicted sex offender Brian O'Neil Clark and forced to withdraw cash at an ATM. (She died when Clark crashed her SUV while being followed by a civilian who ultimately shot Clark to death afterwards.) Such a bill was placed before the Georgia Senate on 29 December 2005 (SB 379), but nothing came of it. SB 379 In 2004, the Kansas state senate sent to its Financial Institutions and Insurance Committee SB 333, a bill that stated: "Any automated teller machine operated in this state shall be designed and programmed so that when a consumer enters such consumer's personal identification number in reverse order, the automated teller machine automatically sends an alarm to the local law enforcement agency having jurisdiction over the automated teller machine location." That bill died in committee that year. SB 333 All this talk of various bills in three different state legislatures may serve to obscure some of the more important points attaching to this issue, points that are key to making up one's mind about whether having such a system in place is actually a good idea. No one in the banking industry seems to want the technology. The banks argue against its implementation, not only on the basis of cost but also because they doubt such an alert would help anyone being coerced into making an ATM withdrawal. Even if police could be summoned via the keying of a special "alert" or "panic" code, they say, law enforcement would likely arrive long after victim and captor had departed. They have also warned of the very real possibility that victims' fumbling around while trying to trigger silent alarms could cause their captors to realize something was up and take those realizations out on their captives. Finally, there is the problem of ATM customers' quickly conjuring up their accustomed PINs in reverse: Even in situations lacking added stress, mentally reconstructing one's PIN backwards is a difficult task for many people. Add to that difficulty the terror of being in the possession of a violent and armed person, and precious few victims might be able to come up with reversed PINs seamlessly enough to fool their captors into believing that everything was proceeding according to plan. As Chuck Stones of the Kansas Bankers Association said in 2004: "I'm not sure anyone here could remember their PIN numbers backward with a gun to their head." Hazim, Madinah.  "Creators Pitch ATM Safety System."   Topeka Capital-Journal.  13 June 2001. Kellner, Tomas.  "Banking on ATM Safety."   Forbes.  28 June 2004. McDermott, Kevin.  "Inventor Urges Idea to Thwart Holdups at ATMs."   St. Louis Post-Dispatch.  28 March 2005  (p. B1). Plummer, Don.  "Push on for ATM Alert Code."   The Atlanta Journal-Constitution.  14 January 2006  (p. E3). Several times over the last few years social Facebook posts have appeared proposing that users who followed instructions to "like" and "share" them could win myriad prizes in a purported giveaway sponsored by Ellen DeGeneres: Facebook posts  <!-- --> The Ellen DeGeneres Show does run segments involving prize giveaways that may have online components, including ties to official social media accounts, but not ones involving randomly choosing viewers who "like" and "share" posts stemming from counterfeit Facebook accounts such as the one shown above. prize giveaways Any legitimate promotional offer using Facebook should be tied to an account bearing a blue badge indicating the account has been verified by Facebook as authentic:As we have noted on previous pages about similar hoaxes, these counterfeit promotional posts exhibit a number of red flags, primarily that the underlying pages are not endorsed by any official channel associated with Ellen DeGeneres:The first clue that the giveaways following this format are not on the up-and-up is that the pages to which Facebook users are directed are ones created just days before the giveaway posts begin to appear. Not only are the secondary Facebook pages involved new, they are also not linked with automobile companies or other interests one might imagine could reasonably be expected to offer up a car in exchange for social media advertising (such as automobile dealerships, insurance companies, or large retailers). Were a legitimate company to engage in such a high-ticket contest giveaway, the incentive would be exposure, but no corresponding promotional return on advertising investment is discernable in these Facebook giveaway claims.The aim of schemes such as the celebrity giveaway hoaxes are typically to rapidly build a large Facebook following in order to sell pages with high "like" counts to third parties. While such hoaxes appear to present little risk to participants, liking and sharing the false information is not entirely safe: in addition to advancing the interests of and encouraging social media scammers, page likes potentially enable user data mining by scammers.  And in some cases, the giveaway hoaxes lure victims into downloading malware-bearing files.  Any legitimate promotional offer using Facebook should be tied to an account bearing a blue badge indicating the account has been verified by Facebook as authentic: blue badge  As we have noted on previous pages about similar hoaxes, these counterfeit promotional posts exhibit a number of red flags, primarily that the underlying pages are not endorsed by any official channel associated with Ellen DeGeneres: hoaxes The first clue that the giveaways following this format are not on the up-and-up is that the pages to which Facebook users are directed are ones created just days before the giveaway posts begin to appear. Not only are the secondary Facebook pages involved new, they are also not linked with automobile companies or other interests one might imagine could reasonably be expected to offer up a car in exchange for social media advertising (such as automobile dealerships, insurance companies, or large retailers). Were a legitimate company to engage in such a high-ticket contest giveaway, the incentive would be exposure, but no corresponding promotional return on advertising investment is discernable in these Facebook giveaway claims. The aim of schemes such as the celebrity giveaway hoaxes are typically to rapidly build a large Facebook following in order to sell pages with high "like" counts to third parties. While such hoaxes appear to present little risk to participants, liking and sharing the false information is not entirely safe: in addition to advancing the interests of and encouraging social media scammers, page likes potentially enable user data mining by scammers.  And in some cases, the giveaway hoaxes lure victims into downloading malware-bearing files. Divorce can be anything from an amicable parting of spouses who realize their partnership just isn't working, to a vicious, protracted fight between two embittered people determined to wreak as much physical, emotional, and economic damage on the other as possible.  Unfortunately, the end of singer Marvin Gaye's first marriage came closer to the latter than the former. Marvin Gaye's Divorce In 1962, a 22-year-old Marvin Gaye wed Anna Ruby Gordy, a woman seventeen years his senior and the sister of Motown Record Corporation founder Berry Gordy, Jr. (a marriage, some cynics suggested, calculated to further the fledgling career of Gaye, who recorded for Motown).  By the time Anna filed for divorce thirteen years later, the couple had been separated for over two years, and each had accused the other of infidelities.  (Marvin's infidelity was hardly a matter of debate, as he was living with a teenage girl seventeen years his junior who was pregnant with his child.  Moreover, the son Marvin and Anna Gaye had claimed as their own was actually a child Marvin Gaye had fathered by his wife's fifteen-year-old niece.)  The divorce proceedings dragged out over two years as Marvin continually failed to show up for court dates, refused to pay court-ordered support for Anna and their son, and claimed his expenses exceeded his income even as he continued to spend money recklessly, purchasing luxury automobiles, boats, and beachfront properties.  By the time Marvin's day of financial reckoning arrived, he had little cash and was well in arrears for a large amount of back taxes, so his attorney worked out a settlement under which Anna would be paid off from the royalties earned by Gaye's next album.    Here, My Dear That next album turned out to be Here, My Dear, a harrowing "concept album of divorce" which chronicled the turmoil of Anna and Marvin's relationship.  The record's symbolism was hardly subtle: Featuring songs with titles such as "You Can Leave, But It's Going to Cost You," the album bore an inner sleeve which depicted a Monopoly-like board game emblazoned with the word JUDGMENT, across which a male hand passed a broken record to a female hand.  On the man's side of the board were only a piano and some recording equipment, while the female's side of the board included money, a house, a Mercedes, and a diamond ring:  Although Marvin and Anna's divorce settlement was indeed tied to the royalties generated by Here, My Dear, the common legend surrounding the record -- that Marvin Gaye was ordered by a judge to hand over all his royalties from the album to Anna, and that Marvin was in a position to spitefully deprive Anna of those royalties by intentionally recording an album so bad it would not sell -- is largely untrue.  Debunking the Legend First off, the payment-through-royalties scheme was a settlement worked out through mutual agreement, not one devised and mandated by a judge.  Second, rarely does a competent attorney accept (or a responsible judge impose) a dissolution of partnership settlement under which the amount of compensation received by one party is completely dependent upon a future endeavor of the other party, precisely because such a settlement could allow one side to cheat the other by deliberately underperforming.  (A similar legend about producer Phil Spector is based on this premise.) Phil Spector The circumstances in Marvin Gaye's case were that he agreed to pay Anna a total of $600,000, the first $307,000 coming from the advance against royalties he was guaranteed for his next album, and the remaining $293,000 to be paid out of any royalties earned beyond the advance.  But Anna would lose nothing if Gaye's next record sold poorly, because the agreement specified that if the album failed to earn $293,000 within two years, Gaye was obligated to pay Anna the difference himself, and thus he had nothing to gain by tanking the sessions and purposely turning out substandard product.  In fact, Gaye was in a position to lose a great deal by deliberately turning out a substandard effort, both because he was entitled to keep any royalties earned after the first $600,000 and because he stood to earn additional monies through publishing rights (rather than record sales) that were not payable to Anna. It is true that Gaye initially considered giving the album less than his best effort, but he soon found that he was incapable of recording with anything less than a complete commitment to his art, and if he had any intent to "get" his ex-wife, it was through the album's lyrics and not its sales: At first, I figured I'd just do a quickie record  nothing heavy, nothing even good.  Why should I break my neck when Anna was going to wind up with the money anyway?  But the more I lived with the notion, the more it fascinated me. Besides, I owed the public my best effort. I'll give her my next album but it'll be something she won't want to play and it'll be something she won't want the world to hear because I'm gonna tell the truth. Critical Reception Although the album was not a smashing commercial success, it was admired in many quarters for its artistic qualities: Despite Marvin's efforts, Here, My Dear was a commercial failure, not because it lacked ideas and sophisticated music, but, perhaps, because it possessed them in abundance. I think Here, My Dear was simply too sophisticated, too boldly honest, too remarkably insightful  and too close to the emotional quick to succeed commercially. On "I Met a Little Girl," Gaye appeals to his past: musically, through sweet fifties harmonies, and personally as he narrates meeting Anna, falling in love with her, and the relationship's demise. On "When Did You Stop Loving Me, When Did I Stop Loving You," which appears again as an instrumental and a reprise, Marvin uses a Latin-tinged mellow groove to probe for more than six minutes the philosophical question of love's origin and its end, both passing imperceptibly into existence, and into each other, as Marvin's multiple falsettos lash at the song's rhythms, and Anna: "You said bad things and you lied." On "Anger," Marvin mounts a funky shuffle of percussion and bass to declare the defining vices of a fundamental human passion: "Anger ... can make you old ... can make you sick ... destroys your soul." The songs cross every genre  "Anna's Song" is a rhythmically complex patterning of soul-jazz that conjures Coltrane's ballads, while "Funky Space Reincarnation" is disco-funk that dreams of a raceless musical universe. And "Here, My Dear" is a poignant doo-wop love fugue transposed to detail Marvin's sorrowful joys and sad nostalgia in the aftermath of their breakup. Anna Gaye didn't take lightly some of the revelations Marvin expressed through his music on Here, My Dear (especially accusations that she was preventing him from seeing their son and that she had lied to God by breaking their marriage vows), and upon its release she told People magazine that she was considering filing a $5 million invasion of privacy lawsuit, although nothing ever came of her threat.  Critical reaction to Here, My Dear was mixed.  As Gaye biographer Steve Turner wrote, "Reviewers didn't seem to know whether the double album was a huge joke at the expense of Anna Gaye and Motown, or a work of genius."  The record was not a hit, failing to sell well enough to even recoup the advance against royalties paid by Motown, so Marvin Gaye (who was by then officially bankrupt) was obligated to begin making monthly payments to Anna to cover the shortfall.  However, Gaye was killed in 1984 still owing Anna the additional $293,000 due her, and monies earned by his estate after his death went to paying off the IRS rather than benefiting his ex-wives and children -- thereby proving the maxim about life's only two certainties.   Dyson, Michael Eric.  Mercy, Mercy Me: The Art, Loves & Demons of Marvin Gaye.
  New York: Basic Civitas Books, 2004.  ISBN 0-465-01769-X.

 Mercy, Mercy Me: The Art, Loves & Demons of Marvin Gaye Ritz, David.  Divided Soul: The Life of Marvin Gaye.
  New York: Da Capo Press, 1985.  ISBN 0-306-80443-2.

 Divided Soul: The Life of Marvin Gaye Turner, Steve.  Trouble Man: The Life and Death of Marvin Gaye.
  New York: HarperCollins, 1998.  ISBN 0-06-019821-4. Trouble Man: The Life and Death of Marvin Gaye On Nov. 15, 2019, former U.S. ambassador to the Ukraine Marie Yovanovitch testified before the U.S. House Intelligence Committee in the impeachment inquiry against President Donald Trump. Shortly after, some of Trump's defenders took to social media apparently to discredit her testimony, claiming that the ambassador's net worth far exceeded her salary, insinuating because of some illicit means: testified   We have found no evidence to corroborate this claim. Those making the claim have offered a wide range of figures. We also found that this claim did not originate with a credible financial news outlet, such as Forbes, and that the websites publishing this information have offered no evidence. Furthermore, while this claim implies some sort of wrongdoing on her part, no one has offered any information about how she supposedly built her alleged fortune.  In other words, this claim appears to have been conjured out of thin air.  While the tweet shown above claimed that Yovanovitch has a net worth of $17 million, other social media users have offered differing estimates of her net worth: social media users One possible explanation for the discrepancies in this claim is that there is no credible evidence for the estimates.   Some social media users pointed to articles published on Walikali and Gossipgist to support their claim that Yovanovitch's net worth far exceeded her salary. However, just like the above-displayed tweets, these sites offered no evidence to support their estimates.  Walikali Gossipgist The articles published on these websites provide some basic biographical information about the former ambassador to Ukraine. They do not, however, provide any insight into any business dealings or investments that Yovanovitch may have made that could have resulted in a $17 million net worth. Instead, they simply tacked on their estimate ($6 million in both cases) without making any attempt to justify that figure.  We reached out to Walikali and Gossipgist for more information on how they arrived at their estimates and will update this article if more information becomes available. In sum, the claim that Yovanovitch has a net worth of $17 million (or $12 million or $6 million or $3 million) is wholly unsubstantiated. This rumor appears to have been made up out of whole cloth in an apparent attempt to discredit her U.S. House testimony.  Flaherty, Anne.  "5 Key Takeaways From Testimony by Former Ukraine Ambassador Marie Yovanovitch."
  ABC News.  15 November 2019. McCarthy, Tom; Smith, David.  "Ukraine Ambassador Describes Trump's 'Shocking' Smear Campaign Against Her."
  The Guardian.  15 November 2019. Gov. John Kasichs wish to sell off six state prisons has become yet another partisan political hot potato in Columbus. Then again, what isnt during budget season.But state Rep. Matt Lundy, an Elyria Democrat, kicked it up a notch with comments during a May 2 news conference called for the purpose of throwing cold water on the Republican governors plan to sell off five adult prison facilities and one youth detention center.Kasich has said the transaction could net Ohio a profit of $200 million.Lundy disagrees. He argues that there still will be bonds and improvement debts to be serviced and that will cut into the profit.He likened the proposal to an insane yard sale and questioned the logic of selling state assets during a down economic period when they may fetch low bids.He also accused Republicans in control of the House of helping Kasich to lure buyers.The substitute budget now adds in tax breaks and tax deductions for those who buy these prisons, Lundy said. The House passed its version of the budget on May 5.Politifact Ohio decided to take a closer look.The House did propose a sales tax exemption, income tax deduction and commercial tax exclusion for any buyer that strikes a deal with Ohio to take over the prisons offered for sale. Lundy said such friendly trinkets will eat away at the states expect profits on the deal.So, why was it included? Kasichs proposal didnt offer the tax breaks but the House Republicans did.House Finance Chairman Ron Amstutz, a Wooster Republican, said the tax provisions were added to assure that the private buyer of the prisons would be treated like any other state entity since they will essentially be performing a state function by housing inmates.Typically state entities dont pay taxes on their functions and that is true of local governments, as well, Amstutz said. And I think the desire is to maintain that status in order to provide for services at the lowest cost that we can.If the private entities were to pay these particular taxes, which go back to supporting the local communities where the facilities are located, then basically the state taxpayers would be subsidizing the local taxpayers at that point for a state function and typically we dont do that, Amstutz explained.State prisons spokesman Carlo LoParo noted, however, that any buyer of the state prisons would be expected to pay property taxes each year, which would net a huge amount of cash for the local governments where there facilities are located.Thats pretty substantial, LoParo said. He added that the Ohio Department of Rehabilitation and Corrections had closely monitored the House negotiations to make sure that a carve out for property taxes was not stuck in.We took pains to make sure there were no loopholes, he said. We fully expect them to pay property taxes to those communities where the prisons are located.The impact for local governments could be substantial.For example, there are two facilities offered for sale that are in Marion -- the North Central Correctional Institution that houses adults and the Marion Juvenile Correctional Facility, which is currently closed.Combined, the two properties are valued at $100 million, which would result in about $1.5 million annually in property tax collections for that small city. LoParo said that should be enough money help Marions police force pick up criminal investigations at the two facilities, which would fall to the city and not state highway patrol, as is currently the case.So where does Lundy land on the Truth-O-Meter.Lundy is correct that the the substitute budget includes tax breaks and tax deductions for those who buy the prisons. There would be no sales tax on the purchase and there are other exclusions for income and commercial taxes.The administration is demanding that local property taxes absolutely be paid, which could yield significant revenue to local governments and schools.And Lundy is correct that the tax breaks and deductions in the budget bill were added in by the House.On the Truth-O-Meter, we rate Lundys comment as True. In December 2020, an online advertisement displayed a picture of an Olive Garden Italian Restaurant sign along with text that read: "Closing Time: Here's All The Restaurant Chains Closing in 2020."   This advertisement was misleading. Olive Garden is not closing all of its restaurants. Readers who clicked the advertisement were led to a 50-page story on the website Money Pop. 50-page story While the advertisement promised a list of restaurant chains that would be closing in 2020, the headline on the actual story was different: "These Popular Restaurant Chains Are Losing Money Fast." headline The story mentioned Olive Garden, but it only mentioned that two locations had closed in Springfield, Massachusetts, and Birmingham, Alabama, in March and April, respectively. Springfield, Massachusetts Birmingham, Alabama Olive Garden did not go out of business in 2020, but that's not to say it hadn't faced financial hardship during the COVID-19 pandemic. The coronavirus had led to the closure of dine-in services at thousands of different restaurants across the United States. This meant less revenue, which resulted in lost jobs. In many cases, restaurants closed. lost jobs restaurants closed On June 22, 2020, Nation's Restaurant News reported that National Restaurant Association President and CEO Tom Ben said the restaurant industry had faced "catastrophic losses." reported Darden Restaurants owns the Olive Garden brand, as well as LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's. On Dec. 9, 2020, InvestorPlace.com reported that Darden had managed to survive the pandemic thus far, but it also asked: "What's next for Darden Restaurants?" reported The bull case is built on a bear case regarding other restaurants. Without government help, small operators are closing by the score. This means chains like Darden may be all thats left when people again feel safe to eat out. Darden has managed to make money at Olive Garden while closing half its tables. It reinstated the dividend and paid back its $270 million emergency loan. Once the pandemic is over, Cramer predicts, fast-casual chains like Olive Garden will be the height of fine dining. the height of fine dining. Darden is expected to report earnings Dec. 18, for the quarter ending in November. The estimate is for 72 cents per share of net income on $1.7 billion of sales. That would beat last years profit on 17% less revenue. on $1.7 billion of sales on 17% less revenue The Money Pop story also mentioned The Cheesecake Factory on its list. We previously covered that rumor as well. previously covered Snopes debunks a wide range of content, and online advertisements are no exception. Misleading ads often lead to obscure websites that host lengthy slideshow articles with lots of pages. It's called advertising "arbitrage." The advertiser's goal is to make more money on ads displayed on the slideshow's pages than it cost to show the initial ad that lured them to it. Feel free to submit ads to us, and be sure to include a screenshot of the ad and the link to where the ad leads. submit ads to us