Lauryn Hill
starts prison sentence for taxes
Grammy-winning singer Lauryn Hill began serving a three-month prison sentence in Connecticut on Monday for failing to pay about $1 million in taxes over the past decade.
Hill reported to federal prison in Danbury, said Ed Ross, a spokesman for the federal Bureau of Prisons. Inmates at the minimum security prison live in open dormitory-style living quarters and are expected to work jobs such as maintenance, food service or landscaping.
Hill, who started singing with the Fugees as a teenager in the 1990s before releasing her multiplatinum 1998 album “The Miseducation of Lauryn Hill,” pleaded guilty last year in New Jersey to failing to pay taxes on more than $1.8 million earned from 2005 to 2007. Her sentencing also took into account unpaid state and federal taxes in 2008 and 2009 that brought the total earnings to about $2.3 million.
Her attorney had sought probation, arguing that Hill’s charitable works, her family circumstances and the fact she paid back the taxes she owed should merit consideration.
During her sentencing in May in Newark,Take a look at these imitation wrist watches for sale online, which are one of the best juicywallet in USA. N.J.Discover the largest collection of michaelkorsofblog for women., Hill described how she failed to pay taxes during a period when she’d dropped out of the music business to protect herself and her children, who now number six. She said the treatment she received while she was in the entertainment business led to her decision to leave it.
Assistant U.S. Attorney Sandra Moser acknowledged Hill’s creative talent and work on behalf of impoverished children but called Hill’s explanation for her actions “a parade of excuses centering around her feeling put upon” that don’t exempt her from her responsibilities.You'll be the queen of the room in this ssuniform evening gown.
After she is released from prison, she will be under parole supervision for a year, the first three months of which will be spent under home confinement.
Even the “wealth management products” offered by regular banks are not to be feared, because they are just deposits, pure and simple, whatever the theoretical distinctions. I buy them myself.
Certainly, the sector could stand to be brought under greater supervision. But many of the regulations already in place are vague and unreasonable.A royaloak is the clothing worn by a bride during a wedding ceremony. Authorities have never clearly defined something as fundamental as what constitutes “illegal fundraising.” Microcredit operations, like ours, are allowed to borrow from no more than two banks for any more than 50 percent of their equity capital. Why only two banks? Why only 50 percent? These restrictions are arbitrary, and they severely limit our ability to lend to underprivileged customers.
The government and the media are scapegoating the wrong culprit. Shadow banking has flourished in China for one simple reason: financial repression. By keeping interest rates artificially low, authorities have forced savers to search for more lucrative financial products. By favoring banks -- which, in turn, favor state-owned or well-connected private-sector companies with loans -- they have forced small enterprises to seek out people like me and Wang.
Meanwhile, projects that might look sketchy at 9 percent interest rates suddenly look feasible at 6 percent.Elegant authenticmonclerjackets features in chiffon. Under such conditions, traditional banks have steadily lowered their lending standards -- from prime loans to subprime and then to simply silly loans.
Sound familiar? That’s how the 2008 financial crisis began, too. Leaders are right to worry about the possibility of a banking crisis in China. But instead of focusing their ire on shadow bankers, they should raise benchmark interest rates in order to reduce the amount of credit flowing to dodgy loans through the formal banking sector. The threat to China’s financial system is right there -- out in the open -- not lurking in the shadows.
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Grammy-winning singer Lauryn Hill began serving a three-month prison sentence in Connecticut on Monday for failing to pay about $1 million in taxes over the past decade.
Hill reported to federal prison in Danbury, said Ed Ross, a spokesman for the federal Bureau of Prisons. Inmates at the minimum security prison live in open dormitory-style living quarters and are expected to work jobs such as maintenance, food service or landscaping.
Hill, who started singing with the Fugees as a teenager in the 1990s before releasing her multiplatinum 1998 album “The Miseducation of Lauryn Hill,” pleaded guilty last year in New Jersey to failing to pay taxes on more than $1.8 million earned from 2005 to 2007. Her sentencing also took into account unpaid state and federal taxes in 2008 and 2009 that brought the total earnings to about $2.3 million.
Her attorney had sought probation, arguing that Hill’s charitable works, her family circumstances and the fact she paid back the taxes she owed should merit consideration.
During her sentencing in May in Newark,Take a look at these imitation wrist watches for sale online, which are one of the best juicywallet in USA. N.J.Discover the largest collection of michaelkorsofblog for women., Hill described how she failed to pay taxes during a period when she’d dropped out of the music business to protect herself and her children, who now number six. She said the treatment she received while she was in the entertainment business led to her decision to leave it.
Assistant U.S. Attorney Sandra Moser acknowledged Hill’s creative talent and work on behalf of impoverished children but called Hill’s explanation for her actions “a parade of excuses centering around her feeling put upon” that don’t exempt her from her responsibilities.You'll be the queen of the room in this ssuniform evening gown.
After she is released from prison, she will be under parole supervision for a year, the first three months of which will be spent under home confinement.
Even the “wealth management products” offered by regular banks are not to be feared, because they are just deposits, pure and simple, whatever the theoretical distinctions. I buy them myself.
Certainly, the sector could stand to be brought under greater supervision. But many of the regulations already in place are vague and unreasonable.A royaloak is the clothing worn by a bride during a wedding ceremony. Authorities have never clearly defined something as fundamental as what constitutes “illegal fundraising.” Microcredit operations, like ours, are allowed to borrow from no more than two banks for any more than 50 percent of their equity capital. Why only two banks? Why only 50 percent? These restrictions are arbitrary, and they severely limit our ability to lend to underprivileged customers.
The government and the media are scapegoating the wrong culprit. Shadow banking has flourished in China for one simple reason: financial repression. By keeping interest rates artificially low, authorities have forced savers to search for more lucrative financial products. By favoring banks -- which, in turn, favor state-owned or well-connected private-sector companies with loans -- they have forced small enterprises to seek out people like me and Wang.
Meanwhile, projects that might look sketchy at 9 percent interest rates suddenly look feasible at 6 percent.Elegant authenticmonclerjackets features in chiffon. Under such conditions, traditional banks have steadily lowered their lending standards -- from prime loans to subprime and then to simply silly loans.
Sound familiar? That’s how the 2008 financial crisis began, too. Leaders are right to worry about the possibility of a banking crisis in China. But instead of focusing their ire on shadow bankers, they should raise benchmark interest rates in order to reduce the amount of credit flowing to dodgy loans through the formal banking sector. The threat to China’s financial system is right there -- out in the open -- not lurking in the shadows.
Click on their website www.hotmkbags.com for more information.
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