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US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation
US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation
Authored by Naveen Athrappully via The Epoch Times,
The Internal Revenue Service (IRS) and the Department of the Treasury issued a notice on Friday, announcing their plan to issue proposed regulation concerning taxation on high compensation paid by tax-exempt organizations to employees.
The notice relates to excessive compensation and excess parachute payments, the IRS said in a June 5 statement. Parachute payments are made to key employees when they are terminated or when the business undergoes a merger or acquisition. An excess...
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Apr 14, 2026 / Tyler Durden
Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production
Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production
Tesla's China president was quoted by local media on Tuesday as saying the Shanghai Gigafactory could eventually play a major role in mass-producing humanoid robots. The comment comes after Tesla said earlier this year that it would pivot away from producing Model S and X vehicles at its California factory and convert the vehicle production lines to Optimus robot production.
The Shanghai Morning Post quoted Allan Wang Hao, a senior executive at Tesla China, who said the...
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Robert Murphy
Robert Murphy Articles on Mises.org
May 4, 2026 / Tyler Durden
Virtue Gone Mad: Manager Punished More Harshly Than The Shoplifter He Stopped
Virtue Gone Mad: Manager Punished More Harshly Than The Shoplifter He Stopped
Authored by Theodore Dalrymple via The Epoch Times (emphasis ours),
Commentary
Nietzsche thought that the decline of the Christian religion in Europe would inevitably lead to a social, cultural, and moral crisis. This was because a traditional morality based upon religious belief could not be upheld once the religious belief itself weakened or was abandoned.
Justin Sullivan/Getty Images
This was not an original thought. The poet and essayist Matthew Arnold said much the same thing in a poem, “Dover Beach,” written in...
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