ProPublica Report Has Congress Rethinking How to Tax Superrich

A report showing that the richest Americans, including Jeff Bezos, Elon Musk and Warren Buffett, pay almost no taxes has refocused attention on the tax code.

#alternative-minimum-tax, #biden-joseph-r-jr, #capital-gains-tax, #corporate-taxes, #democratic-party, #federal-taxes-us, #high-net-worth-individuals, #income-tax, #internal-revenue-service, #pro-publica, #propublica, #republican-party, #senate-committee-on-finance, #stocks-and-bonds, #tax-credits-deductions-and-exemptions, #tax-cuts-and-jobs-act-2017, #tax-shelters, #taxation, #toomey-patrick-j, #united-states-economy, #united-states-politics-and-government, #warren-elizabeth, #wyden-ron

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Justice Dept. Asked to Examine Whether Swiss Bank Kept Helping Tax Dodgers

Credit Suisse had admitted to helping American clients evade taxes in 2014 and was fined $2.6 billion, but it avoided even higher fines because of its vow that it had stopped the practice.

#banking-and-financial-institutions, #credit-suisse-group-ag, #federal-taxes-us, #garland-merrick-b, #internal-revenue-service, #justice-department, #senate-committee-on-finance, #switzerland, #tax-evasion, #united-states-politics-and-government, #wyden-ron

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Stimulus Update: Democrats Press Ahead as Biden Signals Openness to Changes

The House passed a budget blueprint to allow the president’s $1.9 trillion plan to speed through Congress without Republican backing. But President Biden said he was open to negotiating the details.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #romney-mitt, #schumer-charles-e, #senate, #united-states-economy, #united-states-politics-and-government, #wyden-ron

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Democrats Press Ahead on Stimulus as Biden Signals Openness to Changes

The House passed a budget blueprint to allow the president’s $1.9 trillion plan to speed through Congress without Republican backing. But President Biden said he was open to negotiating the details.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #romney-mitt, #schumer-charles-e, #senate, #united-states-economy, #united-states-politics-and-government, #wyden-ron

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Intelligence Analysts Use U.S. Smartphone Location Data Without Warrants, Memo Says

The disclosure comes amid growing legislative scrutiny of how the government uses commercially available location records.

#computers-and-the-internet, #data-mining-and-database-marketing, #defense-intelligence-agency, #espionage-and-intelligence-services, #fourth-amendment-us-constitution, #mobile-applications, #office-of-the-director-of-national-intelligence, #search-and-seizure, #senate, #united-states-politics-and-government, #wyden-ron

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Treasury Department’s Senior Leaders Were Targeted by Russian Hacking

The disclosure was the first acknowledgment of a specific intrusion in the vast cyberattack. At the White House, national security leaders met to assess how to deal with the situation.

#cyberwarfare-and-defense, #espionage-and-intelligence-services, #fireeye-inc, #foreign-intelligence-service-russia, #mnuchin-steven-t, #national-security-agency, #office-of-the-director-of-national-intelligence, #russia, #treasury-department, #trump-donald-j, #united-states-cyber-command, #united-states-international-relations, #united-states-politics-and-government, #us-federal-government-data-breach-2020, #wyden-ron

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It’s the End of an Era for the Media, No Matter Who Wins the Election

Trump made the legacy media great again. Here’s what’s next for them.

#appointments-and-executive-changes, #baquet-dean, #baron-martin-d, #cnn, #computers-and-the-internet, #facebook-inc, #fox-news-channel, #lack-andrew, #lowery-wesley, #msnbc, #murdoch-lachlan, #new-york-times, #news-and-news-media, #newspapers, #presidential-election-of-2020, #social-media, #substack-inc, #television, #twitter, #washington-post, #wyden-ron

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50 Nights of Unrest in Portland

Robert Evans of Bellingcat says the city “is being used as a bellwether to see what this administration can get away with.”

#black-lives-matter-movement, #bush-george, #customs-and-border-protection-us, #demonstrations-protests-and-riots, #floyd-george-d-2020, #fox-news-channel, #george-floyd-protests-2020, #merkley-jeffrey-a-1956, #police-brutality-misconduct-and-shootings, #police-department-minneapolis-minn, #portland-ore, #schumer-charles-e, #trump-donald-j, #wyden-ron

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Congress, Do Your Job: Help Americans Without One

Federal aid is about to lapse even as the coronavirus crisis rolls on.

#coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #labor-and-jobs, #recession-and-depression, #schumer-charles-e, #unemployment, #unemployment-insurance, #united-states-economy, #washington-center-for-equitable-growth, #wyden-ron

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A $5 Billion Proposal to Fight Online Child Sexual Abuse

New legislation would try to curb the illegal imagery with record levels of funding for law enforcement. The bill, coming in response to a Times investigation, also calls for a new oversight position in the White House.

#barr-william-p, #blumenthal-richard, #brown-sherrod, #casey-robert-p-jr, #child-abuse-and-neglect, #child-pornography, #cloudflare-inc, #computers-and-the-internet, #customs-and-border-protection-us, #dropbox-inc, #eshoo-anna-g, #federal-bureau-of-investigation, #gillibrand-kirsten-e, #graham-lindsey, #house-of-representatives, #instagram-inc, #justice-department, #law-and-legislation, #national-center-for-missing-and-exploited-children, #privacy, #senate, #sex-crimes, #wyden-ron

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Lawmakers Ask I.R.S. to Help Companies That Keep Paying Health Benefits

A bipartisan letter took issue with guidance about a tax credit for retaining workers during the pandemic that was part of an economic rescue package.

#coronavirus-2019-ncov, #employee-fringe-benefits, #grassley-charles-e, #house-committee-on-ways-and-means, #internal-revenue-service, #layoffs-and-job-reductions, #senate-committee-on-finance, #unemployment-insurance, #united-states-politics-and-government, #wages-and-salaries, #wyden-ron

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Amy Klobuchar: Trump Votes by Mail. Why Can’t Everyone?

If it’s good enough for him, it’s good enough for all Americans.

#absentee-voting, #coronavirus-2019-ncov, #elections-governors, #evers-tony-1951, #milwaukee-wis, #presidential-election-of-2020, #trump-donald-j, #wisconsin, #wyden-ron

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It’s Time to Protect the 2020 Election, Too

Voting by mail is key to ensuring the integrity and accessibility of November’s vote.

#absentee-voting, #klobuchar-amy, #postal-service-and-post-offices, #states-us, #trump-donald-j, #united-states-politics-and-government, #voter-registration-and-requirements, #wyden-ron

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