C.I.A. Is Collecting in Bulk Certain Data Affecting Americans, Senators Warn

A partly declassified letter from two senators, Ron Wyden and Martin Heinrich, does not say what the data is.

#central-intelligence-agency, #heinrich-martin, #privacy-and-civil-liberties-oversight-board, #surveillance-of-citizens-by-government, #united-states-politics-and-government, #wyden-ron

Rift Between Wyden and Son Shows the Challenge of Taxing the Ultrarich

A dispute between Ron Wyden, the Democratic Senate Finance Committee chairman, and his hedge fund-manager son illustrates how the merely rich help the fabulously rich resist tax increases.

#biden-joseph-r-jr, #federal-taxes-us, #hedge-funds, #high-net-worth-individuals, #income-tax, #musk-elon, #senate-committee-on-finance, #tax-shelters, #united-states-politics-and-government, #wyden-ron

Who Are America’s Billionaires, Anyway?

They are tech titans, entertainment moguls and heirs to great fortunes. Their ranks grew during the pandemic, changing the political conversation around taxing the wealthy.

#american-jobs-plan-2021, #bankman-fried-sam, #bezos-jeffrey-p, #high-net-worth-individuals, #income-inequality, #manchin-joe-iii, #musk-elon, #occupy-wall-street, #taxation, #united-states-politics-and-government, #wyden-ron

Proposed Tax on Billionaires Raises Question: What’s Income?

Democrats are homing in on unrealized capital gains raises as a way to help fund their social spending bill.

#biden-joseph-r-jr, #capital-gains-tax, #federal-taxes-us, #high-net-worth-individuals, #income-inequality, #income-tax, #united-states-politics-and-government, #wyden-ron

Democrats to Scale Back Proposal for Banks to Report Account Balances to IRS

Banks would have to provide data on accounts with annual deposits or withdrawals exceeding $10,000, not including payroll and beneficiary deposits, rather than $600.

#banking-and-financial-institutions, #democratic-party, #federal-taxes-us, #greene-marjorie-taylor-1974, #internal-revenue-service, #republican-party, #senate, #senate-committee-on-finance, #treasury-department, #united-states-politics-and-government, #warren-elizabeth, #wyden-ron, #yellen-janet-l

Lurching From Crisis to Crisis, Congress Is Addicted to Cliffs

Lawmakers almost never act until they absolutely must — and even then, they usually punt.

#blunt-roy-d, #democratic-party, #filibusters-and-debate-curbs, #house-of-representatives, #infrastructure-public-works, #manchin-joe-iii, #mcconnell-mitch, #national-debt-us, #republican-party, #senate, #shutdowns-institutional, #sinema-kyrsten, #trump-donald-j, #united-states-politics-and-government, #van-hollen-christopher-jr, #wyden-ron

Senate Sends Bill to Biden Ending Furlough of 3,700 Transportation Workers

The measure, which extends expiring transportation programs for a month, had originally been part of a $1 trillion infrastructure bill that stalled in the House this week.

#american-jobs-plan-2021, #democratic-party, #infrastructure-public-works, #pelosi-nancy, #senate, #sinema-kyrsten, #transportation, #united-states-politics-and-government, #wyden-ron

Democrats Eye Taxing Stock Buybacks and Partnerships

Senate Democrats say a 2 percent tax on the money companies use to buy back stocks and tightened rules around taxing partnerships would raise $270 billion for their $3.5 trillion social policy bill.

#brown-sherrod, #corporate-taxes, #federal-taxes-us, #high-net-worth-individuals, #stock-buybacks, #tax-cuts-and-jobs-act-2017, #tax-evasion, #tax-shelters, #united-states-politics-and-government, #wyden-ron

Democrats and Lobbyists Gird for Battle Over Far-Reaching Tax Increases

Congressional committees this week begin drafting tax increases on the wealthy and corporations to pay for a $3.5 trillion social policy bill, but the targets are putting up a fight.

#biden-joseph-r-jr, #capital-gains-tax, #corporate-taxes, #democratic-party, #federal-budget-us, #federal-taxes-us, #heitkamp-heidi, #high-net-worth-individuals, #house-committee-on-ways-and-means, #income-inequality, #income-tax, #inheritance-and-estate-taxes, #law-and-legislation, #lobbying-and-lobbyists, #senate-committee-on-finance, #tax-shelters, #taxation, #united-states-chamber-of-commerce, #united-states-politics-and-government, #wyden-ron

Infrastructure Bill Talks Collide With Democrats’ Goal to Tax the Rich

Many Democrats see the push for an infrastructure package as an opportunity to raise taxes on rich individuals and corporations. But resistance is coming from multiple directions.

#american-families-plan-2021, #american-jobs-plan-2021, #capital-gains-tax, #democratic-party, #federal-taxes-us, #high-net-worth-individuals, #income-tax, #infrastructure-public-works, #sanders-bernard, #senate, #tax-credits-deductions-and-exemptions, #tax-cuts-and-jobs-act-2017, #united-states-politics-and-government, #warren-elizabeth, #wyden-ron

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

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

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

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

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

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

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

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

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

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

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

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

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