Before we reform tax policy, we need to know what’s working Congress and President Trump are embarking on what is likely to be a major rewrite of the federal income tax code. Yet no one knows whether the hundreds of tax preferences embedded in the law accomplish their purpose. | View caption Hide caption Congress…
Day: August 6, 2023
Winner takes all? California Republicans modify electoral strategy.
First Look Winner takes all? California Republicans modify electoral strategy. An overwhelming majority in California’s Republican Party voted in favor of a winner-takes-all electoral strategy for the 2024 election. The new rule is expected to help former President Trump and could disincentivize other GOP candidates from campaigning. | View caption Hide caption Donald Trump has…
Summer storm leaves streets coated in a foot of hail
A city in Germany was forced to deploy snowploughs after it was hit by a freak summer storm. Reutlingen was coated in a foot of hail after being hit by extreme weather on Saturday. It comes just weeks after the continent was hit by sweltering weather that caused outbreaks of wildfires and families seeking shelter…
Florida roller coaster closed after boy falls and suffers ‘traumatic injuries’
A child was injured at an Orlando-area theme park after falling from a roller coaster, which has since been temporarily closed, officials said Friday. The child, described as a 6-year-old, was hospitalized after he apparently fell Thursday afternoon from the Galaxy Spin ride at Fun Spot America, near Kissimmee, fire officials said. “Units arrived to…
Influencer Andrew Tate released from house arrest while he awaits human trafficking and rape trial
BUCHAREST, Romania — Andrew Tate, the divisive internet influencer who is charged in Romania with rape, human trafficking, and forming a criminal gang to sexually exploit women, won an appeal on Friday to be released from house arrest and will instead be put under judicial control measures, his spokesperson said. Tate won’t be able to…
Microsoft wins FTC battle to acquire Activision Blizzard
A federal judge on Tuesday gave Microsoft the green light to move forward with its acquisition of video game developer Activision Blizzard. The company still faces an antitrust lawsuit by the Federal Trade Commission, but U.S. District Judge Jacqueline Scott Corley ruled against the regulator’s request for a temporary injunction. Throughout the intense five-day hearing,…
What does Vox’s rise mean for Europe?
Nearly 50 years after the death of General Francisco Franco, the nationalist right might be on the verge of once again taking power in Spain. The center-right Popular Party seems likely to emerge from this Sunday’s elections with the most votes, The Associated Press reported — but probably will need support from the “populist right” Vox…