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Keyword: taxes

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  • Nancy Pelosi takes aim at Trump’s taxes

    12/13/2018 8:41:22 PM PST · by conservative98 · 55 replies
    NY Post ^ | 12/13/18 | By Joe Tacopino
    Nancy Pelosi said on Thursday that a House committee will “take the first steps” toward obtaining President Trump’s tax returns once Democrats take control of the House. Pelosi, who is expected to become the Democrats’ next speaker of the House, said the process could be “challenging” as Trump has vowed to resist their requests. “There is popular demand for the Congress to request the president’s tax returns,” Pelosi told reporters. “I’m sure the White House will resist, so the question is, ‘Where do we go from there?’”
  • California proposes a plan to tax text messages

    12/13/2018 4:19:10 AM PST · by Anti-Bubba182 · 56 replies
    CNN Business ^ | 12-12-2018 | Heather Kelly
    San Francisco (CNN Business)California regulators want to tax text messages to increase funds for programs that bring connectivity to underserved residents. A new surcharge proposed by the California Public Utilities Commission (CPUC) wouldn't be a per-text tax, but a monthly fee based on a cellular bill that includes any fees for text-message services. Most carriers offer a flat fee option for texting, and already charge a similar fee for other services included in the bill — such as phone calls. The exact structure of the charge would vary from carrier to carrier........
  • California mulls text tax on mobile messages

    12/12/2018 3:45:39 PM PST · by NoLibZone · 41 replies
    CBS news ^ | 12/12/18 | Kate Gibson
    Californians may or may not type OMG at the news, but texting may soon come with an extra fee on their mobile phone bills. State regulators are weighing a tax on the popular communications tool to help fund a program that makes phone service available to low-income residents. A texting surcharge could help sustain the Public Purpose Program budget, which has risen to $998 million in 2017 from $670 million in 2011, according to a report from the California Public Utilities Commission. Revenue from the telecom industry that funds the program has declined to $11.3 billion last year from $16.5...
  • French Riots Really Aren't About Global Warming - They're About Tax Heavy Socialism

    12/11/2018 10:05:33 AM PST · by Oldeconomybuyer · 28 replies
    Investor's Business Daily ^ | December 11, 2018 | Editorial
    After weeks of spreading riots and demonstrations in Paris, socialist French President Emmanuel Macron has had an epiphany or sorts. Not only is he not going to put a new global warming tax on fuel, he's going to let financially-strapped French families keep more of their money from the taxman. At least this year. "No mercy"? Sounds like total surrender for someone who, just days earlier, arrested 1, 939 people across the country, more than a thousand of those in Paris. The truth is, Macron has lost control both of the people and of the narrative. His 18% approval rating...
  • Brussels police arrest hundreds in 'yellow vest' riot

    12/09/2018 4:39:55 AM PST · by Oldeconomybuyer · 20 replies
    Reuters ^ | December 9, 2018 | by Clement Rossignol and Robin Emmott
    BRUSSELS - Belgian police detained more than 400 people on Saturday after “yellow vest” protesters inspired by riots in France threw rocks and firecrackers and damaged shops and cars as they tried to reach official buildings in Brussels. In the second violence of its kind in the capital in eight days, a crowd which police estimated at around 1,000 faced riot squads who used water cannon and tear gas to keep people away from the European Union headquarters and the nearby Belgian government quarter. Calm was restored after about five hours. The movement in Belgium, inspired by the “gilets jaunes”,...
  • 1,723 arrested in 'yellow vest' protests in France

    12/09/2018 3:34:07 AM PST · by Oldeconomybuyer · 30 replies
    Sky News ^ | December 9, 2018
    More than 1,700 people were arrested across France during the latest "yellow vest" protests, which left 135 people injured and caused widespread damage. Of the 1,723 detained on Saturday, 1,220 were ordered to be held in custody, according to the interior ministry. Despite the security clampdown clashes broke out in several cities across the country, including Marseille, Bordeaux and Lyon and Toulouse, during a fourth weekend of protests against rising living costs and the embattled French President Emmanuel Macron. Paris again saw the worst of the of the violence as protesters, wearing their distinctive yellow safety jackets, set fire to...
  • Violent Protests Spread from Paris to Belgium and now, the Netherlands

    12/08/2018 8:06:57 PM PST · by SeekAndFind · 72 replies
    PJ Media ^ | 12/08/2018 | Rick Moran
    At least 700 people were arrested in Paris as 5,000 demonstrators faced off against 8,000 police in another violent demonstration by "yellow vest" protesters.Riots broke out all over France despite the supposed cause of the violence being eliminated earlier in the week by the government of President Emmanuel Macron. The government had been claiming that a fuel tax increase was to blame for the protests, but the government rescinded the increase on Wednesday.Donald Trump believes it was Macron's climate change policies: The Paris Agreement isn’t working out so well for Paris. Protests and riots all over France. People do...
  • Paris in lockdown as France braces for new anti-Macron riots...

    12/08/2018 12:28:29 AM PST · by caww · 191 replies
    France24 ^ | 12/8/2018 | France24
    Paris was in lockdown early on Saturday with 'thousands' of French security forces braced to meet renewed rioting by "yellow vest" protesters in the capital and other cities in a fourth weekend of confrontation..... The Eiffel Tower and other tourist landmarks were shut, shops were boarded up to avoid looting and street furniture removed to avoid metal bars from being used as projectiles. About 89,000 police were deployed across the country.
  • Katy Tur, France's Riots and Panic Mode

    12/07/2018 2:31:14 PM PST · by Kaslin · 50 replies
    Townhall.com ^ | December 7, 2018 | Mona Charen
    NBC's Katy Tur, responding to an article in the New Yorker about climate, looked into the camera and asked, "How pointless is my life? And how pointless are the decisions that I make on a day-to-day basis when we are not focused on climate change every day, when it's not leading every one of our newscasts?" It's a safe bet that not only will climate change not lead all newscasts, it will not even lead Tur's very often. And the reason is not any of those often proffered for failure to act in ways activists prefer. It won't be that...
  • Daley Pension Debacle: Where Did $54 Million Go?

    12/07/2018 11:27:47 AM PST · by PBRCat · 8 replies
    The Chicago Sun-Times ^ | December 6, 2018 | Tim Novak
    If there ever was any hope that five Chicago city workers pension funds would make any money by investing $68 million with then-Mayor Richard M. Daley’s nephew and one of his key political supporters, it didn’t last long. Only months after the deals were made a dozen years ago, problems began to emerge. The nephew, Robert G. Vanecko, and his partner Allison S. Davis, a developer who gave campaign money to Daley and was appointed by the mayor to the Chicago Plan Commission, started investing in a series of property deals that, by the time the last of them are...
  • France braces for trouble, Macron to address 'yellow vest' anger

    12/07/2018 10:04:46 AM PST · by Oldeconomybuyer · 24 replies
    Reuters ^ | December 7, 2018 | by Richard Lough, Sudip Kar-Gupta
    PARIS - France hunkered down for another wave of potentially violent protests on Saturday as embattled President Emmanuel Macron planned to address the nation next week over public fury at the high cost of living, senior allies said. Interior Minister Christophe Castaner said the three-week-old “yellow vest” revolt had “created a monster” and vowed police would have no tolerance for violence, with much of Paris in lockdown and tens of thousands of police deployed nationwide. Castaner warned that radicals would likely again infiltrate the protest movement - a backlash against high living costs but also, increasingly, a revolt against Macron...
  • Macron's top-down approach to fighting climate change serves as a cautionary tale

    12/07/2018 4:59:29 AM PST · by Oldeconomybuyer · 18 replies
    CNN ^ | December 6, 2018 | By Laurie Garrett
    While world leaders gather in Katowice, Poland, for the COP24 climate summit, protesters in the streets of Paris have successfully forced French President Emmanuel Macron's hand, undercutting his efforts to impose a carbon tax on French energy sales. Macron has made climate change and lowering greenhouse gases a central component of both his domestic and foreign policies, only to face dramatic failure at the hands of his "yellow vest" countrymen. Macron's popularity has been low in France for months, and has now fallen to just a 23% approval rating. But the rioting across his country sends a frightening signal to...
  • ‘Yellow Vest’ Protests Shake France. Here’s the Lesson for Climate Change.

    12/07/2018 4:35:26 AM PST · by Oldeconomybuyer · 34 replies
    New York Times ^ | December 6, 2018 | By Alissa J. Rubin and Somini Sengupta
    PARIS - Vincent Picard describes himself as a “militant ecologist.” But when protesters took to the streets to express their rage over a planned increase in France’s fuel tax, Mr. Picard joined their ranks. He acknowledges that the tax might encourage the conservation considered critical for a healthy planet. But with the nearest train station 35 minutes away, he has to drive to work every day. “I am conscious that we have reached the end of fossil fuels and that we have to modify our habits,” said Mr. Picard, a 32-year-old pastry maker from northern France. But, he added, “You...
  • Paris riots show difficulty of fighting climate change with taxes

    12/06/2018 10:09:37 AM PST · by Oldeconomybuyer · 49 replies
    Syracuse.com ^ | December 6, 2018 | by AP
    PARIS -- The "yellow vests" in France are worrying greens around the world. The worst riots in Paris in decades were sparked by higher fuel taxes, and French President Emmanuel Macron responded by scrapping them Wednesday. But taxes on fossil fuels are just what international climate negotiators, meeting in Poland this week, say are desperately needed to help wean the world off of fossil fuels and slow climate change. Macron said the higher tax was his way of trying to prevent the end of the world. But the yellow vest protesters turned that around with the slogan: "it's hard to...
  • France Breaking: The Countdown To Protest, Controversy Over Student Arrests

    12/07/2018 2:40:53 AM PST · by Nextrush · 15 replies
    Nextrush Free ^ | 12/7/2018 | Nextrush/Self
    The French police forces including the special CRS riot police will be as fully mobilized as possible in Paris and other locations tomorrow as the "yellow vests" protests move into their next phase of mobilization swelled by new supporters. 125-thousand plus were estimated to have protested last Saturday and its quite possible that the protests may be even larger tomorrow. The Prime Minister of France's increasingly unpopular President Emmanuel Macron, Edouard Philippe, appeared on the evening television news Thursday to say 89-thousand police are mobilized for tomorrow's protests....
  • Alexandria Ocasio-Cortez eyes powerful House committee in charge of taxation laws

    12/07/2018 3:29:27 AM PST · by Libloather · 38 replies
    Fox News ^ | 12/06/18 | Lukas Mikelionis
    Congresswoman-elect Alexandria Ocasio-Cortez has not yet been sworn into Congress, but she’s already eyeing a seat at one of the most powerful House committees in charge of taxation laws. The Democratic Socialist’s spokesperson confirmed to Vice News that she will seek a seat on the House Ways and Means committee, which is traditionally packed with seasoned legislators with experience in writing tax code. Rep. Joe Crawley, the top Democrat who was unseated by Ocasio-Cortez this year, was among the members of the committee. She is eyeing the exact same seat that is customarily reserved for New York City.
  • Transportation officials: Illinois gas tax increase is needed

    12/07/2018 3:20:12 AM PST · by Libloather · 19 replies
    The Southern ^ | 12/06/18 | Brenden Moore
    **SNIP** And according to a panel of transportation experts, the problem will only get worse in the future unless the state begins to better fund investments in its transportation system. "We're behind, to be perfectly frank," said IDOT Secretary Randy Blankenhorn, one of the panelists. "We are not funding transportation as well as some of our neighbors and as our competitors. ... I spend $250 a month on my phone. I spend $50 a month for water. This is the infrastructure of my life. It's what I need to make things happen. And we're spending 50 cents a day on...
  • Eiffel Tower, Louvre among Paris tourism sites to close on Saturday

    12/06/2018 12:18:33 PM PST · by Oldeconomybuyer · 9 replies
    Reuters ^ | December 6, 2018 | by Staff
    PARIS - French authorities will close dozens of museums, tourism sites and shops on Saturday, including the Eiffel Tower and Louvre, fearing a recurrence of last week’s violence in Paris, officials said on Thursday. “We cannot take the risk when we know the threat,” Culture Minister Franck Riester told RTL radio, adding that far-right and far-left agitators were planning to hijack rallies by “yellow vest” protesters in Paris. He said the Louvre museum, Orsay museum, the two operas, and the Grand Palais were among the sites that would be closed a week after rioters looted and defaced the Arc de...
  • France Overtakes Denmark for Top Spot in Most Taxes as Percent of GDP

    12/05/2018 7:37:05 PM PST · by ameribbean expat · 8 replies
    The tax collection blue ribbon now goes to France. Congratulations! Vs the OECD average of 34.2%, French taxes amount to 46.2% of GDP. Denmark, Sweden, Italy, and Greece round out the top five.
  • Boiling Over in Paris: Anger at a tax hike has turned into violence and mayhem.

    12/06/2018 5:37:33 AM PST · by reaganaut1 · 50 replies
    City Journal ^ | December 3, 2018 | Theodore Dalrymple
    ... It is likely that the economic ideas of the Yellow Vests are primitive and driven by resentment. Macron has suppressed the capital tax on financial assets, which had probably reduced overall tax receipts by driving rich people from France; but in conjunction with an increased tax on the consumption of a vital commodity, he gives the impression (not helped by the fact that he once worked in finance) that he unduly favors the rich at the expense of the poor. Many people I know want six impossible things before breakfast. They clearly see that high taxes on individuals and...