Tax

A tax (from the Latin taxo; "rate") is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures. A failure to pay, or evasion of or resistance to taxation, is usually punishable by law. Taxes are also imposed by many administrative divisions. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. Few countries impose almost no taxation at all, such as the United Arab Emirates and Saudi Arabia.

Overview

The legal definition and the economic definition of taxes differ in that economists do not regard many transfers to governments as taxes. For example, some transfers to the public sector are comparable to prices. Examples include tuition at public universities and fees for utilities provided by local governments. Governments also obtain resources by "creating" money and coins (for example, by printing bills and by minting coins), through voluntary gifts (for example, contributions to public universities and museums), by imposing penalties (such as traffic fines), by borrowing, and by confiscating wealth. From the view of economists, a tax is a non-penal, yet compulsory transfer of resources from the private to the public sector levied on a basis of predetermined criteria and without reference to specific benefit received.

Max Keiser

Timothy Maxwell "Max" Keiser (born January 23, 1960) is an American broadcaster and film maker. He hosts Keiser Report, a financial program broadcast on Russian state media channel RT that features fringe economic theories. Until November 2012, Keiser anchored On the Edge, a program of news and analysis hosted by Iran's Press TV. He hosted the New Year's Eve special The Keiser's Business Guide to 2010 for BBC Radio 5 Live. Keiser presented a season of The Oracle with Max Keiser on BBC World News. He produced and appeared in the TV series People & Power on the Al-Jazeera English network. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. He currently lives in London.

Early career

Keiser grew up in Westchester County, New York. After studying theatre at New York University, he took a variety of jobs including stand-up comedy and on radio. He then took a part-time job as a stock broker in the 1980s at Paine Webber and Oppenheimer and Co. Inc. (at their midtown office under David Tufts, across from Hurleys), at a time when it "required no talent whatsoever to make gobsmacking amounts of money".

Prithviraj Sukumaran

Prithviraj Sukumaran (born 16 October 1982), credited mononymously as Prithviraj, is an Indian actor, playback singer and producer best known for his work in Malayalam films. He has also acted in a number of Tamil, Telugu and Hindi films.

Prithviraj made his debut in Nandanam (2002) at the age of 19, although it was released only after the release of his second film Nakshathrakkannulla Rajakumaran Avanundoru Rajakumari (2002). Prithviraj has won the Kerala State Film Award for Best Actor in 2006 for his performance in Vaasthavam and in 2012 for Ayalum Njanum Thammil and Celluloid.Indian Rupee, co-produced by Prithviraj (under the banner of August Cinema), won the National Film Award for Best Feature Film in Malayalam in 2011. He is the youngest actor to receive the Kerala State Award for the Best Actor at the age of 24.

Early life

Prithviraj Sukumaran was born in Thiruvananthapuram to actors Sukumaran and Mallika Sukumaran. His initial schooling was at Shrine Vailankanni Senior Secondary School, T. Nagar, Chennai and St.Joseph's Boys' Hr.Sec.School, Coonoor, since the family was settled at Tamil Nadu that time. Later when the family shifted to Kerala he had his education from The NSS Public School Perunthanni, St.Mary's Residential Central School, Poojappura (which was near his home at Chengallur) where he acted in various plays and skits for the school's Annual Day Celebrations. He completed the rest of his school education at Sainik School Kazhakoottam and Bharathiya Vidya Bhavan, Thiruvananthapuram. Prithviraj, along with his brother Indrajith Sukumaran. He also participated in debates and elocution competitions while in school. Prithviraj won the title of "Mr LA Fest" in the Annual Inter-School arts festival hosted by Loyola School, Thiruvananthapuram in successive years and is the only person to date to win that title twice.