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Alec MacGillis @AlecMacGillis
, 3 tweets, 1 min read Read on Twitter
Wealthy Delawareans are shelling out hundreds of thousands to get low-digit license plate numbers. @scottmcalvert: wsj.com/articles/pimp-…
"Will Emmert, vice president of Emmert Auction Associates, which sold the 20 tag for an estate, says of Dr. Lord’s $410,000 outlay for it: 'He’s not actually blowing it, because it’s an investment.'"
"Sandra Lord, 80, says her husband came home 'like a little boy with a happy new toy.' She learned the [$410,000] price the next night from the local news. 'You paid that much?' she recalls demanding. 'He kind of shrugged.'"
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More from @AlecMacGillis see all

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Stunning new stat out of Ohio:

We already knew that Republicans got 12 of OH's 16 US House seats despite winning only 52% of total congressional vote.

But get this: Republicans also managed to hold supermajorities in the Ohio legislature despite LOSING the total state leg vote.
Source: cleveland.com/expo/news/erry…
Seriously, whichever computer program was used by Republicans to gerrymander Ohio back in 2011 deserves a raise, or at least a sheet cake or pat on the head. That's just astonishingly precise work, to hold big majorities even amidst minority of total vote.
Read 5 tweets
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It’s time to talk about Ohio.
Yes, Sherrod Brown won reelection, which shows the enduring appeal of his rumpled brand of economic populism. (Though his flawed opponent got almost 48% despite getting relatively little party/outside backing.)
But overall 2018 was brutal for OH Dems. They lost every other statewide race—guv, AG, etc. They didn’t pick up 1 US House seat—they hold 4/16. And they netted only four state reps and LOST a state sen seat in ex-Dem stronghold of Mahoning Valley, preserving GOP supermajorities.
Read 27 tweets
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Meanwhile, some craziness in another part of the world: the stats in this WSJ story late last week on the homicide surge in Latin America are insane. It's gotta be one of the most under-covered stories on the planet now, given the life-and-death stakes. wsj.com/articles/400-m…
"With just 8% of the world’s population, Latin America accounts for roughly one third of global murders. Nearly one in every four murders around the world takes place in just four countries: Brazil, Venezuela, Mexico and Colombia."
"Last year, a record 63,808 people were murdered in Brazil. Mexico also set a record at 31,174, with murders so far this year up another 20%."
Read 10 tweets

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President Trump isn’t charged with any crime, because he didn’t commit any crime. Move on. wsj.com/articles/donal…
1) Thread to explain why I argue that @POTUS didn’t do anything. This is based on logic, but also watching one of the writers of the @WSJ article, Michael Rothfeld, on @marthamaccallum show on @FoxNews just now.
2) Cohen took a plea deal. Basically this means he agreed to say he did something in exchange for being left alone.
Read 36 tweets
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WSJ - Federal prosecutors have gathered evidence of Donald Trump’s participation in hush payments to Stormy Daniels and Karen McDougal that violated campaign-finance laws. wsj.com/articles/donal…
WSJ: TRUMP asked DAVID PECKER to quash KAREN MCDOUGAL story.

PECKER’s company paid MCDOUGAL $150,000 to keep her from speaking publicly about it.

TRUMP later thanked PECKER for the assistance.

wsj.com/articles/donal…
WSJ: "Trump was involved in or briefed on nearly every step of the agreements. He directed deals in phone calls and meetings w/ Cohen and others. The U.S. attorney’s office in Manhattan has gathered evidence of Trump’s participation in the transactions.” wsj.com/articles/donal…
Read 7 tweets
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#WhiteCollarCrime

Oil-and-Gas Businessman Pleads Guilty to Defrauding Investors out of Millions

@drawandstrike @HNIJohnMiller @catesduane @rising_serpent @_ImperatorRex_ @Debradelai @GodlessNZ @almostjingo @tracybeanz @TheChiIIum

justice.gov/usao-ndtx/pr/o…
Texas oil-and-gas mogul Christopher A. Faulkner has pleaded guilty to securities fraud, engaging in illegal monetary transactions, and tax evasion, U.S. Attorney for the Northern District of Texas Erin Nealy Cox announced today.
A frequent media commentator and self-proclaimed “frack master,” Faulkner, 41, admits he bilked investors out of millions of dollars and concealed millions more from the IRS.
Read 18 tweets
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WSJ editorial board throws its support behind Jair Bolsonaro in Brazil wsj.com/articles/brazi…
Bolsonaro is nostalgic for the days of dictatorship, supports extrajudicial killings (a la Duterte), and is vocally disdainful of women, LGBT persons, and black Brazilians americasquarterly.org/content/what-e…
WSJ ed. board: "The 63-year-old is running on traditional values and often says politically incorrect things about identity politics that inflame his opponents"
Read 6 tweets
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This Indian budget doc suggests that in 2017-18 the govt is projected to earn Rs 19 lac crores as gross tax revenue

Of which the share of Income tax on individuals is ~4.4 lac crores - close to 23%

indiabudget.gov.in/budget2017-201…
Now we all know that not everyone pays Income tax in this country. Barely 3% or even less do. (though I don't recall the latest number offhand).

And none of us relish paying income tax
There have been radical suggestions on this front from many voices perceived to be "zany".

Subramanian Swamy has gone on record saying that income tax should be done away with
Read 12 tweets
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Want to know where Jho Low has been? Read this! #billiondollarwhale wsj.com/articles/fall-…
/2 In 2015, after news broke about Mr. Low’s alleged involvement in one of the world’s largest financial scams, his patron, Prime Minister Najib Razak, instructed Low to leave Malaysia.
/3 Alleged by U.S. authorities to have stolen billions from Malaysian sovereign wealth fund 1MDB, Low’s life of exile was not too shabby. He began to spend time in Shanghai at the Peninsula Hotel apartments and the St. Regis apartments in Bangkok.
Read 7 tweets

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