National Stories
Most of the justices seemed troubled by Supreme Court arguments on Wednesday about the prosecution of a Florida fisherman for throwing three undersize red grouper back into the Gulf of Mexico. The fisherman, John L. Yates, was convicted of violating the Sarbanes-Oxley Act of 2002, a federal law aimed primarily at white-collar crime. The law imposes a maximum sentence of 20 years for the destruction of “any record, document or tangible object” in order to obstruct an investigation. Mr. Yates’s primary argument was that fish are not the sort of tangible objects with which the law was concerned. Chief Justice John G. Roberts Jr. seemed to agree. He asked what people would say “if you stopped them on the street and said, ‘Is a fish a record, document or tangible object?’ ” Justice Antonin Scalia said, “I don’t think you’d get a polite answer.” But Justice Anthony M. Kennedy said it would be odd to let Mr. Yates throw fish overboard, destroying evidence, but to allow him to be prosecuted for tearing up photographs of the fish.
New York Times
Just how effective tax breaks and other incentives are at boosting economic development is a crucial question states and localities should answer when they look to expand or renew programs. Yet the extent to which local governments actually scrutinize economic development programs varies greatly, and many remain without basic accountability measures. Most published research focuses on tax incentives at the state level, where the largest packages are typically awarded. A new nationwide survey by the International City/County Management Association (ICMA), though, provides a detailed portrait of how local governments use business incentives and employ accountability measures.
Governing
A damning audit report provides the latest evidence of IRS mismanagement of the flood of sensitive documents and data it gets from taxpayers despite having a $1.8 billion information technology budget. The federal tax agency doesn’t effectively keep track of the software it purchases, it buys more copies than needed and it sometimes deploys more copies than it is allowed, the report said.
Washington Examiner
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