On Marijuana Tax, Colorado Asks: What’s Too High? If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
Senate planning vote on Internet sales tax bill The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
Where do more tax cheats live? South and West, IRS study shows Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
Obamas paid $112,000 in taxes in 2012 President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
Donald Trump Will Hate What Mitt Romney Just Said About The Hush Money Trial Sen. Mitt Romney (R-Utah) managed to put the proper perspective on Donald Trump’s hush money trial ― and the former president will probably hate him for it. Trump is accused of hiding the ... 04/23/2024 - 10:52 am | View Link
Mitt Romney for president — of Harvard University? Hire retiring Utah Sen. Mitt Romney as president of the campus to "clean it up," the president of the American Jewish Congress, Daniel Rosen, proposed in a Washington Post op-ed published this week. 04/20/2024 - 3:51 am | View Link
Mitt Romney Signals He Could Vote With Democrats to Dismiss Mayorkas Impeachment — On One Condition Sen. Mitt Romney (R-UT) told Axios that he would be willing to dismiss articles of impeachment against Homeland Security Secretary Alejandro Mayorkas as long as there was a debate. I don’t ... 04/16/2024 - 10:18 pm | View Link
Mitt Romney, senators release proposal to limit potential risk of artificial intelligence WASHINGTON — Utah Sen. Mitt Romney and several Senate colleagues on Tuesday announced an outline to protect against the potential risks posed by artificial intelligence — including biological ... 04/16/2024 - 10:04 am | View Link
Utah GOP Senate hopefuls spar over who can best shake up Washington The 10 candidates vying to replace Sen. Mitt Romney were split over emphasizing legislative records or criticizing the establishment ... 04/10/2024 - 3:53 pm | View Link
I became reacquainted with Raffi in the spring of 2020, around my son’s first birthday. These were the early days of the pandemic: People had barely stopped hoarding toilet paper; we’d started going to the car wash for fun. It was on one of these drives that I first burst into tears to Raffi’s “All I Really Need.” Ostensibly, I was playing the track for my baby, who was babbling in his car seat behind me as I drove through eerily quiet San Francisco, trying to forget Trump had just suggested we all drink bleach.
This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration.
The world’s 3,000 billionaires should pay a minimum 2 percent tax on their fast-growing wealth to raise about $313 billion a year for the global fight against poverty, inequality, and global heating, ministers from four leading economies have suggested.
In a sign of growing international support for a levy on the super-rich, Brazil, Germany, South Africa, and Spain say a 2 percent tax would reduce inequality and raise much-needed public funds after the economic shocks of the pandemic, the climate crisis and military conflicts in Europe and the Middle East.
They are calling for more countries to join their campaign, saying the annual sum raised would be enough to cover the estimated cost of damage caused by all of last year’s extreme weather events.
“It is time that the international community gets serious about tackling inequality and financing global public goods,” the ministers say in a Guardian comment piece.
Trump was handed very sour lemons from New York's prosecutors and judges, forcing him to stay in New York for trial. Now he's making lemonade as working voters flock to him.