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Bowman, Lee, Omar and Tlaib also were among the 17 sponsors of Bush’s resolution asking the Biden administration to call for a ceasefire. Challenges to Bush and the others were possible even before the Hamas attack on Oct. 7 or Israel’s subsequent attack on Hamas in the Gaza Strip. It is unfortunate, Andrabi said, that the House Democratic leadership has not taken a stronger stance against AIPAC’s efforts to knock off rank-and-file Democrats. It remains unclear whether House Democrats will help incumbents fend off primary challengers through campaign fundraising arms. Before Oct. 7, House Democratic Leader Hakeem Jeffries, D-N.Y., issued statements of support for Omar and others, saying he will support the reelection of every House Democratic incumbent, regardless of ideology.

Persons: Cori Bush, Israel, Wesley Bell, Bush, Bush isn’t, Israel —, Bell, Summer Lee, Jamaal Bowman, Ilhan Omar, Rashida, Israel's staunchest, Omar, Bowman, Thanedar, Lee, Tlaib, Gaza . Bowman, Biden, Omar —, “, Democrats ’, Usamah Andrabi, Andrabi, Hakeem Jeffries, ” Tlaib, Israel Democrats ” —, Thanedar —, Detroit —, Sen, Adam Hollier —, Reconstructionists, ”, Daniel Fellman, Lee isn’t, ” Lee, Bhavini Patel, Lee doesn’t, Don Samuels, George Floyd, George Latimer, Latimer, Bush —, —, Darryl Gray, Louis, ” ___ Levy, Steve Karnowski, Joey Cappelletti, Anthony Izaguirre Organizations: LOUIS, Hamas, The Missouri Democrat, U.S, Senate, Democratic, Democrats, Israel, Democratic Party, Justice Democrats, American Israel Public Affairs Committee, “ Democratic, ”, House Democratic, Democratic Congressional, Palestinian American, Israel Democrats, Tlaib, Detroit, Conservative, Somali American, Westchester Locations: Israel, The Missouri, St, Louis, Pennsylvania, New York, Minnesota, Michigan, Detroit, Gaza ., Gaza, D, Detroit House, Dearborn, Southfield, Hollier, In Pittsburgh, Pittsburgh’s Temple, Minneapolis, Somali, Westchester County, Missouri, Iran, Harrisburg , Pennsylvania, Lansing , Michigan, Albany , New York

(AP) — Indiana's attorney general violated professional conduct rules in statements he made about a doctor who provided an abortion to a 10-year-old rape victim from Ohio in the weeks after the U.S. Supreme Court overturned Roe v. Wade last summer, according to a court opinion filed Thursday. At the time, Ohio law prohibited abortions after six weeks of pregnancy but the girl could still be provided a legal abortion in Indiana. The opinion specifically faulted Rokita for describing Bernard on the show as an “abortion activist acting as a doctor — with a history of failing to report" instances of abuse. In his statement, Rokita said he signed an affidavit to bring the proceedings to a close and to “save a lot of taxpayer money and distraction." Within weeks of Bernard's July 2022 interview about providing the abortion, Indiana became the first state to approve abortion restrictions after the U.S. Supreme Court ended constitutional protections.

Persons: —, Roe, Wade, Caitlin Bernard, Todd Rokita, Bernard, Rokita, ”, “, Gerson Fuentes Organizations: U.S, Supreme, Indianapolis Star, The Indiana, Republican, Fox News, Rokita, Associated Press, Indiana University Health Locations: INDIANAPOLIS, Ind, Ohio, Indiana, Indianapolis

☆ A Tangle of Rules to Protect America’s Water Is Falling Short
▼ + stars: | 2023-11-02 | by ( Dionne Searcey | Delger Erdenesanaa | ) www.nytimes.com time to read: +18 min

UNCHARTED WATERS A Tangle of Rules to Protect America’s Water Is Falling Short The Times asked all 50 states how they manage groundwater. California’s State Water Resources Control Board provides a list of some 85 firms that help clients who have questions about water rights there. Irrigated acres 0 10 100 200 thousand 1987 2017 MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA Irrigated acres 0 10 100 200 thousand 1987 2017 MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA Irrigated acres 0 10 100 200 thousand 1987 2017 MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA Irrigated acres 0 10 100 200 thousand 1987 2017 MO. “When Tennessee pumps groundwater, it is pumping water located within its own territory,” the 2021 ruling said. One practical problem The Times’s research identified is that state water authorities are often small operations relative to their sprawling responsibilities and the growing danger of aquifer damage.

Persons: don’t, Matthew Staver, ”, Christopher Neel, Chris Scheuring, Reba Epler, Mira Rojanasakul, “ We’re, Andrew Sheeley, Mike Parson, Jeff Roberson, Dave Owen, Ron Wyden, who’s, “ We’ve, Ryan Gordon, Mark Rogers, Gabriel Eckstein, Jeremy Manley, Cody Smith, Jake Parrish, Sharon Megdal, Elizabeth Cisar, “, ’, Dr, Gordon, Ariz, Rebecca Noble Organizations: Times, MISSOURI TEXAS, VERMONT, New York Times, The New York Times, Oklahoma Water Resources Board, California Farm Bureau, Nationwide, Arup, Water Resources Control, Congress, MISSOURI MISSOURI ARKANSAS, Missouri Department of Natural, Associated Press, UC Law San, Energy, Power, WASHINGTON, Maine Geological Survey, United States Geological Survey, United States Supreme, Associated, Texas, M University, Staff, State Engineer’s Office, Yakima Herald -, Water Resources Research Center, University of Arizona, Joyce Foundation, The New York Locations: America’s, . TEXAS MISSOURI VERMONT, MISSOURI, MISSOURI TEXAS VERMONT, VERMONT, TEXAS MISSOURI, MISSOURI TEXAS, Oklahoma, Kansas, . Oklahoma, California, American, Wyoming, New Mexico, Wisconsin, Great, Mississippi, Missouri , Arkansas, Louisiana, MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA, . LA, LA, Missouri, Missouri Department of Natural Resources . Missouri, Ozark, States, Kentucky, Vermont, Oregon, In Texas, United States, WASHINGTON ARKANSAS, ARKANSAS WASHINGTON, Maine, Tennessee, Memphis, Muleshoe , Texas, When Tennessee, Minnesota, Blaine, ’, Laramie County, Sunnyside, Wash, Yakima, Yakima Herald - Republic, Colorado, Maryland, In Illinois, Illinois, ”, Arizona, Phoenix, In Kansas, Washington, Hope

☆ Wealthy buyers are flocking to Florida to rebuild mansions where modest homes were destroyed by hurricanes
▼ + stars: | 2023-11-01 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Rich buyers have the funds to rebuild mansions that are more likely to survive future storms. Fort Myers Beach, Florida, has seen an influx of new buyers following Hurricane Ian last year. The storm killed 21 people and washed away a third of the homes and businesses located on the skinny sand strip that makes up Fort Myers Beach, many of which were modest, middle-class homes. Candy Rahn, 69, told the outlet she and her husband were forced out of Fort Myers after Ian when her uninsured cottage was destroyed. The wealthy companies and people who swoop in to buy up empty lots in Fort Myers Beach are in some ways helping disaster survivors by padding their pockets with thousands of dollars.

Persons: Rich, Ian, —, Candy Rahn, Fort Myers, Rahn, Jesse Keenan Organizations: Bloomberg, Service, Fort Myers, Attom Data, University of Delaware's, Research, Tulane University Locations: Florida, Fort Myers Beach , Florida, Estero, Fort Myers Beach, Fort, Fort Myers, New Orleans

LAS VEGAS (AP) — The former Southern California street gang leader charged with killing Tupac Shakur in 1996 in Las Vegas has lost his bid to be represented at his arraignment by the lawyer who spoke publicly about his defense two weeks ago. The judge also could name a defense attorney in private practice to represent Davis at taxpayer expense, or assign a special public defender from the county, an alternate roster of possible court-appointed attorneys. Political Cartoons View All 1230 Images“We're just not sure at this point how this will play out and who will end up representing him,” said Jordan Savage, assistant special public defender. Edi Faal, Davis’ longtime personal lawyer in Los Angeles, said Wednesday he expected that a special public defender would be named to represent Davis. Davis is expected to plead not guilty to a murder charge that could put him in prison for the rest of his life.

Persons: Tupac Shakur, Ross Goodman, Duane Keith “ Keffe, ” Davis, Goodman, Davis, Tierra Jones, Scott Coffee, ”, Jordan Savage, Davis ’, Faal, Shakur, Marion “ Suge, Knight, he’s, Shakur’s, Orlando, Lane ” Anderson, Anderson, Marc DiGiacomo, Suge Knight Organizations: LAS VEGAS, Associated Press, Edi, AP, ” Prosecutors, West Coast, Davis Locations: Southern California, Las Vegas, Clark County, Clark, Los Angeles, Nevada, Compton , California, Compton, East Coast, Las

☆ US House panel seeks ban on federal purchases of Chinese drones - FT
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

U.S. and Chinese flags are seen in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 1 (Reuters) - The U.S. House of Representatives' China committee will introduce a bill to ban the U.S. government from buying Chinese drones, the Financial Times reported on Wednesday. Mike Gallagher, the Republican head of the committee, and Raja Krishnamoorthi, the ranking Democrat, will introduce the "American Security Drone Act" on Wednesday, the FT report added. The bill was cosigned by Virginia Republican Rob Wittman and Connecticut Democrat Joe Courtney, the FT said, adding that the bill would also bar local and state governments from purchasing Chinese drones with federal grants. The U.S. House of Representatives' China committee did not immediately respond to a Reuters request for comment.

Persons: Dado Ruvic, Mike Gallagher, Raja Krishnamoorthi, Gallagher, Virginia Republican Rob Wittman, Joe Courtney, Devika Nair, Chizu Organizations: REUTERS, U.S . House, Representatives, Financial Times, Republican, FT, China, Virginia Republican, Connecticut, Thomson Locations: China, United States, Bengaluru

LONDON, Nov 1 (Reuters) - The UK government has scrapped guarantees on nearly 1 billion pounds ($1.2 billion) of bank loans handed out to ailing businesses during the COVID-19 pandemic, leaving lenders on the hook for some of the borrowings that will not be repaid. The figures could rise further - latest figures show just 17 billion pounds have been fully repaid by borrowers as of June 30. The largest and most controversial, the "Bounce Back Loan" (BBL) scheme, delivered 47 billion pounds and was specially designed to help Britain's smallest firms stay afloat. Following the removal, any financial loss is borne in full by the lender, BBB said. The figures also showed the government had paid out 7.4 billion pounds to lenders under the state guarantees.

Persons: Theodore Agnew, Sinead Cruise, Iain Withers, Matthew Lewis Organizations: Reuters, British Business Bank, Barclays, NatWest, Lloyds, HSBC, Bank, Finance, BBL, BBB, Thomson Locations: London

☆ Internal documents reveal new details of X stock awards to staff, including what happens if the company IPOs or is acquired
▼ + stars: | 2023-10-31 | by ( Kali Hays | ) www.businessinsider.com time to read: +13 min

The documents reveal the latest estimated valuation of X, when and how staff are getting equity awards, and how that stock vests over time. X stock doesn't trade daily like a public company, so the valuation disclosed is by definition vague. Most people who received X equity were granted 1,200 units, or increments thereof based on performance, according to one of the documents viewed by Insider. Any X Stock Awards you receive under the X Equity Plan will be provided to you in addition to and separate from any deferred cash awards. Stock Awards are typically earned over four years, with a 6 month cliff.

Persons: they'll, Elon Musk, Fortune, X, virality, Musk, there's, Will, Jan Organizations: Twitter, Musk's, SpaceX, X, Inc, Common, New York Stock Exchange, NASDAQ, IRS, Internal Revenue Locations: United States, Shareworks

It’s being promoted on the official government website of the Republican-controlled Ohio Senate. Republican Senate President Matt Huffman shied away from labeling “On the Record” a news service when questioned by reporters shortly after its launch. As of Friday, the blog was the only link available under the “News” tab for the Ohio Senate. In comparison, the website for the Republican-led Ohio House features press releases on its signature bills, and awards and activities related to both Republican and Democratic lawmakers. The blog they spearhead is maintained by Legislative Information Services, an IT office for both of Ohio's legislative chambers with a $13 million annual budget.

Persons: It’s, “, ”, that’s, Laura Manley, “ I’ve, Sen, Bill DeMora, Matt Huffman shied, John Fortney, it’s, Garth Kant, Britt Bischoff, Fortney, ” Mary Ruth Ziegler, Ziegler, ” ___ Fernando, Samantha Hendrickson Organizations: Republican, Ohio Senate, Ohio, Shorenstein Center, Media, Harvard Kennedy School, ”, The Associated Press, Supreme, Democratic, GOP, Ohio House, Buckeye Institute, Legislative Information Services, Red Wine, Google, Republicans, University of California, Davis School of Law, Associated Press, AP Locations: COLUMBUS , Ohio, Ohio, U.S, “, Chicago, Columbus

Reuters Image Acquire Licensing RightsAnd that is reflected in the return of the "term premium," the amorphous amount of compensation investors demand for buying long-dated bonds instead of rolling over bills. A San Francisco Fed model estimates that the term premium on the 10-year Treasury bond has risen around 100 basis points since July. Reuters Image Acquire Licensing RightsAnalysts at Morgan Stanley reckon the term premium and debt sustainability worries could prompt a rethink of the bill-coupon supply balance. Bill supply around these levels would be well down on net issuance of just over $1.6 trillion in fiscal year 2023. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsIn an ideal world, Treasury would not choose to rely on such short-term funding needs.

Persons: Kevin Lamarque, Morgan Stanley, Bill, Committee's, Jamie McGeever, Marguerita Choy Organizations: Department of, U.S . Treasury, REUTERS, Rights, U.S, Treasury, San, San Francisco Fed, New York Fed, Bank of America, TD Securities, Bills, Reuters, Securities, Thomson Locations: Washington , U.S, Rights ORLANDO , Florida, San Francisco

A man walks past ATM machines at branch of the NatWest bank in Manchester, Britain September 21, 2017. The bank's shares fell as much as 18% in early trading before closing down 12% - their largest daily drop since the Brexit vote in June, 2016. Farage said in a statement on Friday that he viewed the report as a "whitewash" and its findings "laughable". She added that the review showed she did not leak detailed financial information and had been unaware of "deeply unpleasant and unfair" internal staff comments made about Farage. A NatWest document unearthed by Farage in July found that an internal committee had deemed his views did not align with the bank's own.

Persons: Phil Noble, Nigel Farage, Coutts, Farage, Alison Rose, Travers Smith, Howard Davies, Rose, Mr Farage, Davies, Paul Thwaite, Rick Haythornthwaite, Iain Withers, Lawrence White, Samuel Indyk, Jason Neely, Sharon Singleton, Kirsten Donovan Organizations: NatWest, REUTERS, Financial Conduct Authority, Barclays, Rival, Lloyds, Thomson Locations: Manchester, Britain

WASHINGTON (AP) — The COVID-19 treatments millions of Americans have taken for free from the federal government will enter the private market next week with a hefty price tag. Pharmaceutical giant Pfizer is setting the price for a five-day treatment of Paxlovid at $1,390, but Americans can still access the pills at no cost -- for now. The less commonly used COVID-19 treatment Lagevrio, manufactured by Merck, also will hit the market next week. People on private insurance may start to notice copays for the treatments once their pharmacy or doctor's office runs out of the COVID-19 treatments they received from the government. Full-year revenue for Paxlovid and Pfizer's COVID-19 vaccine, Comirnaty, is expected to be approximately $12.5 billion.

Persons: “ Pfizer, Paxlovid, coronavirus, Pfizer's, “, Tom Murphy Organizations: WASHINGTON, Pharmaceutical, Pfizer, Merck, Health, Human Services, The Department of Veterans Affairs, Department of Defense, Indian Health Service, U.S, Associated Press, and Drug Administration, Paxlovid Locations: U.S, Indianapolis

☆ House Speaker Mike Johnson did work for a 'crisis pregnancy' center that used a van to find pregnant women
▼ + stars: | 2023-10-26 | by ( Katie Hawkinson | Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Newly elected Speaker Mike Johnson was the bookkeeper for a crisis pregnancy center, IRS forms show. Crisis pregnancy centers have a history of spreading medical misinformation. Crisis pregnancy centers, or pregnancy resource centers, aim to stop people who are pregnant from seeking abortions by promoting adoption and parenting skills. Imagine Life Ministries noted on its website that many women "have never heard of pregnancy centers or the resources offered there." Imagine Life Ministries did not designate itself under that category in any filings since its founding.

Persons: Mike Johnson, Johnson, —, van, they're, who's, Kevin McCarthy's, he's Organizations: Service, Internal Revenue, Inc, Liberty University, Human Locations: Louisiana, Virginia

☆ US lawmakers question tax prep companies on sharing of taxpayer data with Big Tech platforms
▼ + stars: | 2023-10-26 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

“Americans should be able to file their taxes without fear that their sensitive data will be shared with Big Tech companies,” said the letters, copies of which were obtained by CNN. The letters — led by Massachusetts Democratic Sen. Elizabeth Warren — focus on the use of tracking technology developed by tech platforms and embedded within the tax prep companies’ websites that quietly transferred users’ personal information to Meta and Google, allegedly without their consent. Of the five tax prep companies, Intuit was not a major focus of the initial congressional probe because it did not use tracking pixels to the same extent as the others, the investigation found. They also asked the same question of each of the four other tax prep companies, as well as requesting a commitment to abide by the FTC’s warning not to use customer data in ways consumers did not expressly approve. The lawmakers requested that the tax prep firms respond by Nov. 8.

Persons: ”, Massachusetts Democratic Sen, Elizabeth Warren —, Warren, Meta, — Sens, Ron Wyden, Richard Blumenthal, Tammy Duckworth, Vermont Independent Bernie Sanders, Sheldon Whitehouse, Katie Porter Organizations: CNN, Federal Trade Commission, Big Tech, Massachusetts Democratic, Meta, Google, FTC, Intuit, Ramsey Solutions, Oregon Democrat, Connecticut Democrat, Vermont Independent, Rhode, Rhode Island Democrat, House Democratic Locations: Oregon, Connecticut, Vermont, Rhode Island, California

A W-2 tax form is a type of informational form that's essential for completing your tax return. If you haven't received your W-2 by mid-February 2024, there are a few simple steps to take to ensure you have it in time to meet the April 15 tax deadline. How can I get my W-2 online? The easiest way to get a copy of your W-2 online is to ask your employer and/or payroll provider. Search your email account for "tax form is ready" or "tax form available for download" along with the name of the payroll provider.

Persons: —, haven't, Riley Adams, Sallie Mullins Thompson, hasn't, Adams, it's Organizations: Service, Social Security Administration, Internal Revenue Service, Employers, Social, IRS, Taxpayer Assistance Center, Chevron, Taxpayer Assistance Locations: Louisiana, New York, Chevron

☆ I moved to Denmark for a happier life—but here's what I still miss about living in the U.S.
▼ + stars: | 2023-10-25 | by ( Ilana Buhl | ) www.cnbc.com time to read: +4 min

It feels like a city, but it's small enough that everything is still accessibleIn 2018, I married my Danish husband and moved from Dallas, Texas to Copenhagen, Denmark. American grocery stores have a wide variety of ingredients and interesting foods. In Denmark, grocery stores tend to be smaller and offer a limited selection. But I still convert prices from the Danish kroner to the dollar pretty often. But in Copenhagen, they're often delivered to pickup points in grocery stores, convenience stores, or other public locations.

Persons: I've, Ilana, Ilana Buhl, Joe's, Annie's, they're Organizations: Central Market, Foods Locations: Copenhagen, Dallas , Texas, Denmark, U.S, Texas, Mexico, Danish, Amazon.de

In some states, higher-income families can now use taxpayer money to cover private school tuition -- and more people than projected are taking the offer, which might force scrambles to shore up state budgets. It's especially an issue in states like Arizona and Iowa, where at least some families whose children were already in private school can now take advantage of public funding. Her state has a new education savings account program — which is paying for students from families of any income to switch from public to private school and for many already in private school to remain there. Opponents of the programs are bracing for lawmakers to attempt to make up for the higher costs by further cutting public school funding, even though lawmakers have not publicly threatened to do so. The plans are in doubt because of opposition from Democrats and some Republicans who live in rural areas where private schools are scarce and public schools are some of the most important institutions.

Persons: ”, Josh Cowen, it's, Ryan Cantrell, ” Aaron Galaz, “, Heather Stessman, Stessman, Beth Lewis, Katie Hobbs, Hobbs, Ben Toma, ” Toma, Greg Abbott, Matt Huffman, Hannah Fingerhut, Samantha Hendrickson, Isabella Volmert, Paul Weber Organizations: Michigan State University, American Federation for Children, Catholic, Our Schools, Arizona Gov, Republican, Republican Gov, Columbus Dispatch, Ohio, Associated Press, America Statehouse News Initiative, America Locations: Arizona, Iowa, — Arizona, Florida , Iowa, Ohio, Indiana, Arkansas, West, Phoenix, Waterloo , Iowa, Our Schools Arizona, Texas, Des Moines , Iowa, Columbus , Ohio, Indianapolis, Austin , Texas

☆ G.O.P. Candidates Call for Campus Crackdowns Against Anti-Israel Speech
▼ + stars: | 2023-10-25 | by ( Maggie Astor | More About Maggie Astor | ) www.nytimes.com time to read: +7 min

“If this was done by a foreign national, deport them,” Mr. Scott wrote on X, formerly known as Twitter, on Wednesday morning. We must stand up against this evil anti-Semitism everywhere we see it — especially on elite college campuses.”Gov. The suggestion of punishing anti-Israel views is part of a broader campaign against liberal-leaning campus environments, which many Republicans claim indoctrinate students. Mr. Trump made the same proposal at his own recent event in Iowa, also not providing details. And it’s not great now if companies refuse to hire kids who were part of student groups that once adopted the wrong view on Israel.”

Persons: Donald J, Ron DeSantis, Tim Scott of, ”, ” Mr, Scott, Doug Burgum, “, Mr, Burgum, Trump, DeSantis, Ray Rodrigues, Nikki Haley, ” Ms, Haley, Vivek Ramaswamy, couldn’t, it’s Organizations: Republican, Trump, Gov, George Washington University, West Bank —, ”, Civil, Harvard, New York University, State University System, for Justice, The State University System, Governors, Ministry, United Nations, “ Locations: Gaza, Israel, Florida, Tim Scott of South Carolina, Palestine, North Dakota, “, S.U.S, ’, Iowa, U.S

U.S. Representative Tom Emmer (R-MN) arrives for a House Republican conference meeting to choose a nominee in the race for House Speaker at the U.S. Capitol in Washington, U.S., October 24, 2023. Emmer has been seen as a strong supporter of assisting Ukraine in it war with Russia. A "report card" by the conservative Defending Democracy Together's "Republicans for Ukraine" campaign gave Emmer an "A excellent" rating, based on his past votes. Jordan received an "F very poor" rating, as did Representative Mike Johnson, the last speaker candidate eliminated before Emmer became the nominee. Republicans have a narrow 221-212 House majority, and many have voted for Ukraine aid, but the next speaker could quash more assistance before a proposal reaches the House floor if he opposed the idea.

Persons: Tom Emmer, Jonathan Ernst, Kevin McCarthy, McCarthy, Steve Scalise, Jim Jordan, Emmer, Together's, Jordan, Mike Johnson, Scalise, Joe Biden, Patricia Zengerle, Alistair Bell Organizations: Republican, U.S, Capitol, REUTERS, Rights, Republicans, Democrats, Emmer, Democratic, Biden, Thomson Locations: Washington , U.S, U.S, Washington, Kyiv, Russia, Ukraine, United States, corruptly, Israel, Taiwan

☆ To Star at the Venice Biennale, Artists Need Patrons’ Deep Pockets
▼ + stars: | 2023-10-24 | by ( Zachary Small | More About Zachary Small | ) www.nytimes.com time to read: +2 min

Organizers said that last year’s exhibition there by Simone Leigh cost about $7 million. But curators say financial support from the State Department has not kept pace with the increases. “We consider private-sector support a strength in our approach to this program, as it creates broad engagement with a wide variety of stakeholders,” a spokesman for the State Department said. “I think there is an understanding even before a selection is made that if you apply, then you have the ability to fundraise,” said Brooke Kamin Rapaport, artistic director and chief curator at Madison Square Park Conservancy and the commissioner of the $3.8 million Venice exhibition by the sculptor Martin Puryear in 2019. Robert Storr, who directed the 2007 Venice Biennale and is a former dean of the Yale School of Art, said the rising costs of shipping and other logistics make the system unsustainable.

Persons: William Adams Delano, Chester Holmes Aldrich, Robert Rauschenberg’s, Robert Gober’s, Simone Leigh, “, ”, Brooke Kamin Rapaport, Martin Puryear, Robert Storr Organizations: State Department, Venice Biennale, Park Conservancy, “, Yale School of Art Locations: United States, Venice, Italy, Madison

☆ Britain scraps cap on banker bonuses inherited from EU
▼ + stars: | 2023-10-24 | by ( Huw Jones | ) www.reuters.com time to read: +4 min

A general view of the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo Acquire Licensing RightsLONDON, Oct 24 (Reuters) - Britain on Tuesday scrapped a decade-old cap on banker bonuses inherited from the European Union, signalling a clear divergence in post-Brexit financial rules from the 27-country bloc it left in 2020. The BoE and Financial Conduct Authority proposed scrapping the cap in a public consultation earlier this year, and its abolition was confirmed in final policy published on Tuesday. The TUC confederation of labour unions said the decision to scrap the bonus cap was "obscene". Law firm Linklaters said scrapping the cap puts Britain back into line with the rest of the world, apart from the EU, but it would continue to apply to staff working at EU banks in London who are regulated under the bloc's rules.

Persons: Hollie Adams, BoE, Suzanne Horne, Paul Hastings, Paul Nowak, Linklaters, David Milliken, Iain Withers, Barbara Lewis, Mark Potter, Jonathan Oatis Organizations: Bank of England, City of, REUTERS, European Union, Financial, Authority, London, Finance, TUC, Britain, Thomson Locations: City, City of London, Britain, EU, London, New York, United States, Asia

Schedule C is a tax form for self-employed people to report business income. You do so on a tax form called Schedule C.See Insider's picks for the best tax software >>Here's what to know about Schedule C and its filing requirements. What is the Schedule C tax form? Schedule C is a form that self-employed people have to file alongside their tax return, or Form 1040. Schedule C frequently asked questionsDo I have to file a Schedule C?

Persons: It's, —, Kristine Stevenson Seale, Seale, Mark Luscombe Organizations: Service, CPA, Wolters Kluwer, Accounting, NEC, IRS, Insurance Locations: Austin , Texas

Instead, because the plan has been weakened, it says the minimum tax will generate only half that — less than 5% of corporate tax revenue. The watchdog group estimates that a 15% minimum tax could have raised roughly $270 billion in 2023. That carveout, the EU Tax Observatory warned, could “give firms incentives to move production to countries with tax rates below 15%." Despite its criticisms of what has happened to the minimum tax, the EU Tax Observatory praised a separate effort to stop the wealthy from dodging taxes. The EU TAX Observatory is calling for a 2% global tax on billionaires' wealth, a proposal it says would raise $250 billion annually from fewer than 3,000 people.

Persons: Janet Yellen, wouldn't, ″, Gabriel Zucman, ’ ’ Organizations: WASHINGTON, European Union, Organization for Economic Cooperation, Development, Apple, Nike, OECD, EU, Observatory, EU Tax Observatory, Companies, Treasury, Paris School of Economics, University of California Locations: Bermuda, Cayman Islands, United States, Berkeley

TALLAHASSEE, Fla. (AP) — The former Florida lawmaker who sponsored the controversial law critics call “Don’t Say Gay” was sentenced to six months in federal prison Thursday for defrauding a federal coronavirus relief loan program for small businesses. Former state Rep. Joe Harding, a 36-year-old Republican, resigned in December after being charged with fraudulently obtaining more than $150,000 from the Small Business Administration in pandemic aid loans. He pleaded guilty in March to wire fraud, money laundering and making false statements in connection with COVID-19 relief fraud. According to court documents, Harding made false statements to the Small Business Administration while applying for an Economic Injury Disaster Loan for one of his dormant business entities. The Economic Injury Disaster Loan Program was designed to provide economic relief to small businesses experiencing a temporary loss of revenue.

Persons: “, ”, Joe Harding, Jason Coody, Harding Organizations: Former, Republican, Small Business Administration Locations: TALLAHASSEE, Fla, Florida, COVID

☆ Deductions for megamansions and Ferraris: The IRS details tax dodges by the ultra-wealthy and says it recently squeezed 100 millionaires for $122 million in missing taxes
▼ + stars: | 2023-10-20 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

There's more enforcement to come, thanks to the Inflation Reduction Act. The passage of the Inflation Reduction Act infused billions of dollars into the previously perpetually underfunded and paper-laden IRS. "Inflation Reduction Act funding gives us the ability to take swift and aggressive action to improve compliance and close the tax gap." Since the passage of the IRA, the IRS has closed several cases of high-earning taxpayers getting creative with their business expenses and deductions. The IRS is specifically taking aim at Americans who earn over $1 million, and have over $250,000 in tax debt.

Persons: it's, —, Daniel Werfel, That's, Werfel Organizations: IRS, Service, dodgers, Ferrari, Bentley, Lamborghini Locations: COVID

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