NEW YORK — The plea deal reached by Donald Trump's former attorney Michael Cohen has laid bare a relationship between the president and the publisher of the National Enquirer that goes well beyond the tabloid's screaming headlines.Besides detailing the tabloid's involvement in payoffs to porn star Stormy Daniels and Playboy Playmate Karen McDougal to keep quiet about alleged affairs with Trump, court papers showed how David Pecker, a longtime friend of the president and head of Enquirer parent company American Media Inc., offered to help Trump stave off negative stories during the 2016 campaign. Court papers say that Pecker "offered to help deal with negative stories about (Trump's) relationships with women by, among other things, assisting the campaign in identifying such stories so they could be purchased and their publication avoided."The accusations threaten Pecker's company, American Media Inc., both legally and in the court of public opinion.The relationship between Trump … [Read more...] about Elizabeth Warren posts 10 years of her tax returns online
Corporation tax pay online
Jamie McGee Nashville Tennessean Published 6:43 p.m. UTC Aug 6, 2018 The Tax Cuts and Jobs Act was celebrated by Republicans last year as a measure that would usher in new economic growth, business expansions, more jobs and wage increases long held back by the high tax rates levied on U.S. businesses. The corporate tax rate dropped to about 21 percent from 35 percent, a significant decrease that saved many Tennessee companies millions — or hundreds of millions of dollars. So where has the money gone? Many companies won't say or are scant on specifics. Several publicly traded companies in Tennessee have issued press releases announcing bonuses or minimum wage increases, but few have offered details on the size and scope of those raises. Meanwhile, privately held companies in Tennessee have been reticent to share any of their spending strategies. "We know what particular companies want us to know about their economic behavior," said Matt … [Read more...] about Where are the corporate tax cut savings going?
James Q. Lynch The Gazette Governor to sign tax cut bill in Hiawatha Iowa AG Tom Miller endorses Hubbell for governor Nearly 4,000 Iowa faces anchor World War I exhibit Norris, Glasson seek union backing after Boulton exit Iowa governor candidate Nate Boulton faces sexual misconduct allegations All articles by James HIAWATHA — Gov. Kim Reynolds made good Wednesday on one of her first pledges as governor, signing legislation to enact the largest state income tax reduction in Iowa history. “Today that promise becomes a reality,” the Republican governor said before signing Senate File 2417 in front of lawmakers and other guests at MobileDemand, which provides specialized tablet computers. When phased in over six years, the $2.86 billion tax cut — larger than the 10 percent across-the-board cut of … [Read more...] about Gov. Kim Reynolds signs largest tax cut in Iowa history
Jonathan Oosting Detroit News Lansing Bureau Published 9:57 p.m. UTC May 30, 2018 Mackinac Island — The Michigan Economic Development Corporation should be focused on raising household incomes instead of subsidizing corporations, Democratic gubernatorial candidate Abdul El-Sayed said Wednesday at the Mackinac Policy Conference. The 33-year-old medical doctor is embracing his outsider status at the annual gathering of business leaders, politicians and the press, where corporate sponsors keep food and drinks flowing at the opulent Grand Hotel. “I think most folks in my position come here to rub shoulders with a bunch of lobbyists they want to get money from,” El-Sayed told The Detroit News. “I don’t take that money, so it’s a very different kind of conversation.” El-Sayed is a favorite of the progressive left who has positioned himself as the most liberal candidate in the Democratic gubernatorial primary. As he worked the crowd at … [Read more...] about El-Sayed slams ‘big handouts’ for corporations at biz conference
Jonathan Oosting Detroit News Lansing Bureau Published 2:24 p.m. UTC May 30, 2018 Mackinac Island — Individuals bear too much of Michigan’s tax burden, Democratic gubernatorial candidates Gretchen Whitmer and Shri Thanedar said Tuesday as they rolled out new economic plans and raised the specter of possible tax code changes. Thanedar was heading to the annual Mackinac Policy Conference with a new proposal that could rile business officials arriving on the island ahead of the Wednesday kick-off. The Ann Arbor entrepreneur wants to eliminate income taxes for low-income residents but raise taxes $3.6 billion on corporations and wealthy individuals to pay for "people-friendly" programs, including universal child care, universal preschool and paid family leave. Whitmer did not detail a funding source for her plan, which calls for $100 million a year in new spending to create new college scholarships and skills training programs. The former Senate … [Read more...] about Whitmer, Thanedar unveil jobs and tax plans at business confab