20 Oct
2020

GOP tax plan all about wishful thinking

first_imgTo secure these small economic gains and that tiny revenue bump, Republicans would cut taxes by well over a trillion dollars, leaving a massive hole in the budget. Over time, the negative consequences of higher federal borrowing would be a serious drag on the economy. The bill Republicans present this week will look somewhat different than the older framework the Tax Policy Center’s experts assessed.But the warning should still shake Republicans who claimed to be deficit hawks when Barack Obama was president. Tax reform could be worthwhile, but only if it is paid for.Republicans such as Portman used to understand as much.The country faces a huge funding squeeze as the Baby Boomers retire, raising pension and health-care costs.The Treasury will need ample revenue merely to maintain investments in everything else – roads, college aid, national parks, scientific research.A tax plan based on hopes, prayers and fiction puts all of that at risk.More from The Daily Gazette:EDITORIAL: Beware of voter intimidationEDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Find a way to get family members into nursing homesFoss: Should main downtown branch of the Schenectady County Public Library reopen? In a sentence, Portman erased much of the credibility he developed while decrying deficits during the Obama years or running the White House Office of Management and Budget during the George W. Bush presidency.Sen. Susan Collins, R-Maine, one of the few moderate Republicans left in Congress, was hardly more responsible.“If we have just four-tenths of 1 percent increase in our [gross domestic product], which is entirely realistic, it will cover the cost of the tax reform package,” she claimed.In fact, those growth numbers cannot be assumed, and betting the federal budget on hopes of loads of new revenue is highly risky.Just a couple days earlier, an independent report on the Republicans’ most recent tax-reform framework found that the plan would wallop the federal budget, even when effects on economic growth are considered. The Tax Policy Center concluded that cutting the corporate tax rate, encouraging business investment and enhancing incentives to work would each encourage economic expansion – modestly.The extra growth would result in maybe $50 billion in new federal revenue over 10 years. Categories: Editorial, OpinionThe following editorial appeared in The Washington Post:Republicans aim to unveil Wednesday a long-awaited tax plan, premised on the fanciful idea that slashing taxes by $1.5 trillion over 10 years will somehow leave the federal budget better off.And it is not just the GOP’s most blinkered ideologues who have bought into this wishful thinking. “I think at the end of the day this will actually be reducing the deficit because it’s going to finally get this economy moving,”Sen. Rob Portman, R-Ohio, said Sunday on “Meet the Press.”last_img read more

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20 Oct
2020

London’s prime residential values slide

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

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6 Oct
2020

Entertain family and friends right here in this superb location

first_imgOne of the large bathrooms at 82 McIlwraith Ave, Norman Park.Making the most of a rear northern aspect and privacy of the grounds, the kitchen, lounge and dining areas flow out through floor-to-ceiling glass sliders, on to flawless alfresco entertaining areas. Enjoy the open-plan design at 82 McIlwraith Ave, Norman Park.Mr Sung said the home was great for entertaining friends and family.“From the kitchen, there’s a clear view of the outside area,” he said.“It’s perfect for parents wanting to keep an eye on children.”Located within the catchment of the highly-regarded Seven Hills State School, the property is an easy walk to St Thomas’ Primary, transport, local cafes, shops and the popular Perth Street Park. You could certainly cook up a storm here at 82 McIlwraith Ave, Norman Park.Mr Sung said the two-level property at 82 McIlwraith Ave, had four bedrooms, each serviced by their own bathroom.One of the bathrooms is a shared ensuite.He said there was an easy option of a fifth bedroom.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020 Invite your mates around and enjoy the space at 82 McIlwraith Ave, Norman Park.Surrounded by established greenery, the shaded terrace with integrated barbecue sits beside the grassed yard and saltwater pool with stone water feature.A separate theatre or children’s playroom and private home office are also on the ground level.Mr Sung says the property is in one of the area’s top end streets.“It’s on the crest of the street and there is a very nice outlook at the front,” he said. 82 Mcilwraith Ave, Norman Park.A new build at Norman Park has hit the market and is designed for growing families.Builder Richard Sung, who is selling the five-bedroom, three-bathroom property, said it was “probably one of the best homes” he has built.“It really is a great family house,” said Mr Sung, who lives in the area.“This home would be perfect for a family with young kids or even teenage children – there’s lots of separate living areas.”last_img read more

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27 Sep
2020

Heck – we even made the BBC News!

first_imgbbc.co.uk 17 April 2013New Zealand’s parliament has legalised same-sex marriage, the first country in the Asia-Pacific region to do so. Lawmakers approved the bill, amending the 1955 marriage act, despite opposition from Christian lobby groups. The bill was passed with a wide majority, with 77 votes in favour and 44 against. Hundreds of jubilant gay-rights advocates celebrated outside parliament after the bill was passed, calling it a milestone for equality. People watching from the public gallery and some lawmakers immediately broke into song, singing the New Zealand love song “Pokarekare Ana”, AP news agency reported. Some opinion polls have suggested that about two-thirds of New Zealanders support the reform, although others polls suggest the public are more divided. Parliamentarians were allowed a conscience vote, and, crucially, the reform had the backing of both the Prime Minister John Key and leader of the opposition David Shearer, the BBC’s Phil Mercer in Sydney reports. Celebrations have been held in pubs and clubs in the capital Wellington, our correspondent adds. Same-sex civil unions have been legal in New Zealand since 2005. http://www.bbc.co.uk/news/worldlast_img read more

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24 Sep
2020

Registration open for ‘Walk to End Alzheimer’s’events

first_imgCincinnati, Oh. — Registration is now open for the world’s largest event to raise awareness and funds for Alzheimer’s care, support and research. The Alzheimer’s Association Walk to End Alzheimer’s® is held annually in more than 600 communities nationwide including 12 locations in Indiana, calling on more than 500,000 annual participants of all ages and abilities to help reclaim the future for millions.More than 5 million Americans are living with Alzheimer’s disease, the sixth-leading cause of death in the United States and the only disease among the top 10 causes that cannot be cured, prevented or even slowed. Additionally, more than 16 million friends and family members provide care to people with Alzheimer’s and other dementias in the U.S. In Indiana alone, there are more than 110,000 people living with the disease and 338,000 caregivers.“Because of support from individuals and communities for the Walk to End Alzheimer’s, the Greater Indiana Chapter was able to provide more than 13,000 care and support services last year for Hoosiers living with the disease and their caregivers,” said Alzheimer’s Association Greater Indiana Chapter Executive Natalie Sutton. “In addition, we are working toward advancing public policy and Alzheimer’s and dementia research. Thanks to generous supporters at the 12 Indiana walks, we are able to further the Association’s mission.”Alzheimer’s Association Walk to End Alzheimer’s participants will complete a walk (lengths vary based on event location) and learn about Alzheimer’s disease, advocacy opportunities, clinical studies enrollment and support programs and services from the Alzheimer’s Association. Walk participants also honor those affected by Alzheimer’s disease with the poignant Promise Garden ceremony.Event Dates and LocationsSaturday, August 25: Liberty Park – Batesville, IndianaSunday, September 9: Central Park – Mishawaka, Ind.Sunday, September 16: City Hall Plaza – Bloomington, Ind.Sunday, September 16: Fairbanks Park Amphitheater – Terre Haute, Ind.Saturday, September 22: Jackson Morrow Park – Kokomo, Ind.Sunday, September 23: Hoosier Park Racing & Casino – Anderson, Ind.Sunday, September 23: Lake County Fairgrounds – Crown Point, Ind.Saturday, September 29: Subaru of Indiana Automotive – Lafayette, Ind.Saturday, September 29: Earlham College – Richmond, Ind.Sunday, September 30: Mill Race Center – Columbus, Ind.Saturday, October 6: Parkview Field – Fort Wayne, Ind.Saturday, October 6: Bankers Life Fieldhouse – Indianapolis, Ind.Saturday, October 6: Washington Park – Michigan City, Ind.last_img read more

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22 Sep
2020

Napoli to splash N27b on Osimhen

first_imgRelatedPosts COVID-19: NCAA to revoke erring airlines licence over non-compliance FRSC to Schools: We’ll arrest, prosecute drivers who flout COVID-19 rules Sanwo-Olu: We’re committed to fulfilling promises to Lagosians Napoli have agreed an initial €60 million (N27 billion) fee with Lille for Victor Osimhen.The Nigeria striker, according to reports, is set to sign a five-year contract and join the Serie A side in the most expensive transfer deal of the summer so far. The 21-year-old scored 18 goals in all competitions for Lille before the French season ended prematurely owing to the COVID-19 pandemic and has been linked with several English clubs, including Manchester United and Liverpool.But Osimhen, who changed agent last week, looks set to move to Napoli after negotiations between the clubs were completed on Thursday.It is understood the fee could rise to €81 million after a number of performance-related add-ons – €1 million more than the African record transfer fee Arsenal paid Lille for the Ivory Coast international Nicolas Pépé last summer.There is also an option to extend Osimhen’s contract by a further year.Lille are expected to step up their efforts to sign Jonathan David having seen a €25 million bid for the Canada striker rejected by Gent this month. The French club have signed 35-year-old Turkey striker Burak Yilmaz in preparation for Osimhen’s departure and have been told they must pay a Belgian record fee of €30 million to secure David.Tags: COVID-19NapoliSerie AVicotr Osimhenlast_img read more

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20 Sep
2020

Song hopes West Ham hit right notes

first_img Despite Arsenal’s formidable run of seven consecutive home victories in the Premier League, Song – who played for the Gunners between 2005 and 2012, before joining Barcelona – believes the Irons can repeat Monaco’s performance after the unfancied French side stunned the Emirates Stadium with a 3-1 Champions League victory last month. “I know this stadium very well and I know when you play with Arsenal it’s very hard, but I think Monaco is how you want to play when you play in the Emirates,” Song told the West Ham website, www.whufc.com. “The best thing to do is to try to be together, defend together very well and when you have the opportunity to go on the counter attack, you have to do it very well like Monaco did it. “If you want to go to Emirates and try to play you will not have any chance to win the game there because this stadium is very hard to play in. “You have to stay together very compact and not give them any room, then take the opportunity on the counter attack. “If we do this very well like Monaco did, then we can get a good result there.” Song, the 27-year-old on loan from Barcelona until the end of the season, feels the Irons can raise their game against Arsenal. “We have shown a lot of things this season as a team, especially when we play against teams at the highest level like Manchester City and Liverpool or Tottenham. We’ve done very well and we need to continue to improve in this way,” said Song, who stayed in London to work on his fitness while the rest of the squad were away at a warm-weather camp in Dubai. Midfielder Alex Song believes West Ham can follow Monaco’s example and keep his former club Arsenal subdued at the Emirates Stadium on Sunday. “We can play better and hopefully this game on Saturday will be a very good test for us. “It has been a long time since we won a game in the league, so we must try to come back and try to win or get one point there. “Everything is possible in football and we just need to keep believing and trying hard on the pitch.” Song maintains there can be no room for sentiment against his former club. “They are one part of my life and, because I went there when I was 17, I always say it is my family,” the former Cameroon international said. “I know this is a special game for me, but that is football and I have to take all the emotion out and just try to play my game, to play the best football I can to help the team to win.” The Hammers head across London looking to kickstart their Barclays Premier League campaign, having plummeted down to 10th place after no wins in the last six and back-to-back defeats. Arsenal, meanwhile, have surged back into the top four and are into the FA Cup semi-finals after beating Manchester United at Old Trafford on Monday night. Press Associationlast_img read more

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20 Sep
2020

Officials launch page to file social distancing complaints about businesses

first_imgWith businesses reopening across Florida and social distance measures still in place, many are wondering how they can report businesses not enforcing executive orders to their customers.Officials have added a page on the My Florida license website where consumers can do just that.The website features a list of executive orders and a breakdown on what each one allows or prohibits.Users are encouraged to read through the orders before filing a complaint and explanation of that complaint.The website asks you to leave your name and email, however, you can always remain anonymous.Click here to visit the website MyFloridalicense.com.last_img

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18 Sep
2020

Rahul axed as India try Rohit as opener against South Africa

first_img… Shubman Gill gets his maiden Test call-upBy Amlan ChakrabortyNEW DELHI,  India (Reuters) – India axed struggling opener KL Rahul and handed Rohit Sharma a chance to revive his stop-start Test career after selecting the limited-overs stalwart for next month’s three-match series against South Africa.Rahul has gone 12 Test innings without a 50-plus score and struggled in the recent tour of West Indies where India won both matches to top the World Test Championship table.Former captain Sourav Ganguly was among those who felt Rohit, who smashed a record five hundreds at the 50-overs World Cup in England and finished as the tournament’s top scorer, should partner Mayank Agarwal at the top of the order.“We want to give Rohit Sharma an opportunity to open the innings in Tests,” chief selector MSK Prasad said after naming the 15-member squad.Prithvi Shaw would have been Agarwal’s automatic partner but the 19-year-old is currently serving a doping ban.The only player in the world with three double hundreds in one-day internationals, Rohit averages nearly 40 in Tests batting in the middle order.The 32-year-old has struggled to replicate his limited-overs heroics in the 27 Tests he has played so far and must reinvent himself as an opener in the long form as well.Punjab top order batsman Shubman Gill got his maiden Test call-up, while the selectors opted for two wicketkeepers in Rishabh Pant and Wriddhiman Saha.Spin all-rounder Ravindra Jadeja, who was preferred ahead of Ravichandran Ashwin in both Tests in West Indies, has been retained in the squad, along with the off-spinner, with left-armer Kuldeep Yadav as the third slow bowling option.Virat Kohli and his team face South Africa in the first Test at Visakhapatnam from October 2. Pune and Ranchi host the other two matches.India squad: Virat Kohli (captain), Mayank Agarwal, Rohit Sharma, Cheteshwar Pujara, Ajinkya Rahane, Hanuma Vihari, Rishabh Pant (wicketkeeper), Wriddhiman Saha (wicketkeeper), Ravichandran Ashwin, Ravindra Jadeja, Kuldeep Yadav, Mohammed Shami, Jasprit Bumrah, Ishant Sharma, Shubman Gill.last_img read more

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17 Sep
2020

USC-UCLA Women’s Soccer Live Blog

first_imgTonight’s women’s soccer game at the Coliseum kicks off at 7:00 on the West Coast.  All updates will be timestamped with game time. Be sure to check out our Twitter feed for instant info at http://www.twitter.com/dailytrojanFirst half10th minute: The Bruins have had two shots on goal so far, while the Women of Troy have yet to attempt a shot on goal.  The Bruins are controlling possession  though and taking their time on offense.20th minute: The Bruins seem to be much more disciplined with the ball. The Women of Troy have not had many opportunities offensively so far and have had problems controlling possession.28th minute: The Women of Troy get a free kick and senior forward/midfielder Megan Ohai collides with Bruin goalkeeper Chante’ Sandiford, knocking in the ball through the posts, but the goal is waved off by the referee.40th minute: The Women of Troy seem look alive now after that goal was waved off.  They’re controlling possession, passing better and putting pressure on the Bruin backline. They’ve had multiple scoring opportunities, but have yet to convert.42nd minute: Miscommunication between the Bruins defense and goalkeeper almost leads to a Women of Troy score. Sandiford vacates the goal, but senior midfielder Alyssa Davila’s shot is stopped.Halftime recap: The Bruins controlled the beginning of the first half, working the ball around both sides of the field and taking their time on offense.  On the other side, the Women of Troy started off slow to begin the game, but woke up after a Megan Ohai goal was waved off by the referee. Both teams did not have many scoring opportunities in the first half and both defenses held strong in limiting shots on goal.Second half3rd minute: After a Bruin foul, the Women of Troy get a free kick just outside the penalty box. Redshirt junior midfielder Ashli Sandoval knocks a shot to the left side of the goalpost but is denied by Sandiford.After getting denied of a goal, Sandoval picks up a yellow card after tripping a Bruin player in the 5th minute of the half. The game is starting to get physical, but the referee is using his whistle to make sure this game doesn’t get out of hand.Both teams are starting to pick it up offensively. A scramble in front of the Bruin goal leads to a Women of Troy corner kick in the 12th minute, but it is cleared by the Bruin backline. Midfielder Brittany Kerridge knocks a shot from about 30 yards out, but it is stopped by Sandiford. Three minutes later, the Bruins receive a free kick that leads to a corner kick, but the Women of Troy clear the ball and no damage is done.In the 22nd minute, Bruins midfielder Chelsea Cline goes after a ball and Women of Troy goalkeeper Shelby Church vacates goal. Cline tries slide tackling to get to the ball, but is penalized with a yellow card. Five minutes later, there is a scramble in front of the Bruins net. The Women of Troy get their feet on the ball multiple times, but fail to score. In the 29th minute, Bruins defender Lauren Barnes is penalized with a yellow card after running through Sandoval’s follow through on her kick.85th minute: The Women of Troy finally break through on offense after defender Karter Haug places a ball to the left side of the penalty box. Forward Autumn Altamirano knocks a shot to the top right post and over the outstretched hands of Sandiford to give the team a 1-0 lead, and the victory.last_img read more

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