Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | For Democrats Aiming Taxes at the Superrich, ‘the Moment Belongs to the Bold’ Supported by ByPatricia Cohen and Maggie Astor Feb. 8, 2019 The only thing more startling than the flurry of tax proposals Democrats have unveiled in recent weeks is the full-throttle response they’ve gotten from the public. Representative Alexandria Ocasio-Cortez suggested a near doubling of the top income tax rate. Senator Bernie Sanders, who caucuses with the party, introduced a bill to raise taxes on dynastic heirs. And Senator Elizabeth Warren proposed a levy that has never existed in the United States: a wealth tax, assessed annually on America’s biggest fortunes. The soak-the-rich plans — ones that were only recently considered ridiculously far-fetched or political poison — have … [Read more...] about For Democrats Aiming Taxes at the Superrich, ‘the Moment Belongs to the Bold’
Controlled foreign corporation tax guide
By The Associated Press, Bay Area News Group and CALmatters | PUBLISHED: October 16, 2018 at 11:00 am | UPDATED: October 16, 2018 at 11:18 am Amid a number of higher-profile contests, voters will also choose California’s next lieutenant governor, treasurer and other statewide officeholders on Nov. 6. Some of them are real battles: The race for superintendent of public education is shaping up to be an expensive showdown between unions and charter-school advocates. In the contest for attorney general, appointed incumbent Democrat Xavier Becerra faces statewide voters for the first time, hoping to hold onto his seat against a GOP challenger. Either candidate running for insurance commissioner will make history with a win. here and the governor’s race here — these “down-ballot” offices are important both for the jobs themselves and for the launching pad they offer, as Lt. Gov. Gavin Newsom and former Attorney General and Secretary of State Jerry Brown … [Read more...] about California voter guide: contests for statewide office explained
POLITICS 07/27/2018 03:07 pm ET Robert Mueller's special counsel investigation into Russian interference in the 2016 campaign can be a lot to keep up with. By Ryan J. Reilly Let’s start at the top. When did this Trump-Russia investigation begin? 🇷🇺 Two years, or roughly a million news cycles ago, give or take. The FBI’s original Trump-Russia investigation got underway in the summer before the 2016 campaign, though the public wasn’t really aware of it then. (In contrast to the extremely public FBI investigation of Hillary Clinton’s use of a private email server, the bureau followed protocol and never publicly acknowledged that Donald Trump’s presidential campaign was under investigation for its ties to a hostile foreign government.) The little reporting on the probe at the time underplayed the gravity of the investigation. Not long before the election, The New York Times said in a piece titled “Investigating … [Read more...] about The Mueller Investigation, Explained. Here’s Your Guide To The Trump-Russia Probe.
Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by ByAlan Rappeport July 8, 2018 WASHINGTON — Six months after Republicans pushed a $1.5 trillion tax overhaul through Congress, many of the most influential players who worked behind the scenes on the legislation are no longer on Capitol Hill or in the Trump administration. They are now lobbyists. The two-way street between lobbying and lawmaking is well worn in Washington. But after President Trump’s campaign pledge to “drain the swamp,” there was some speculation that the so-called special interests might be sidelined. And while the frenetic two-month sprint last year to pass the tax legislation left some lobbyists marginalized, the businesses now scrambling to navigate the changes are increasingly recruiting the people who wrote it. With the November midterm elections near, and the … [Read more...] about Government Work Done, Tax Policy Writers Decamp to Lobbying Jobs
Sections SEARCH Skip to content Skip to site index Obituaries Subscribe Log In Subscribe Log In Advertisement Supported by BySam Roberts June 18, 2018 James H. Tully Jr., a former New York finance commissioner who challenged neighboring states for siphoning off New York revenue, pursued corporations that took tax deductions for bribes they had paid, and helped New York City recover from its fiscal crisis, died on June 10 in Albany. He was 87. The cause was non-Hodgkin’s lymphoma, his son, James, said. Mr. Tully was the New York State commissioner of taxation and finance from 1975 to 1982. He presided during New York City’s fiscal crisis, becoming, in effect, the custodian of the city’s sales tax revenue. That money had been pledged to pay the debt of the Municipal Assistance Corporation, an agency created to borrow funds on behalf of New York City after major banks had refused to give it any more loans. Mr. Tully … [Read more...] about James H. Tully Jr., Former New York State Tax Chief, Dies at 87