Trump lawyer suggests hush money payment was extortion
Fact: A lawyer for Donald Trump sought to portray the hush money payment at the center of his criminal trial as extortion.
money
St. George organizer Andrew Murrell talks education, taxes
– The Baton Rouge chapter of the NAACP issued a statement warning about the incorporation of St. George affecting the education system.
– St. George’s creation as a city is separate from creating a school system.
– House Bill 6 would make it easier to create a new school district without input from Baton Rouge voters.
– The city-parish should pay back taxes St. George residents have paid to East Baton Rouge Parish government since 2019.
– The amount of money to be refunded is unknown and subject to negotiation.
– If negotiations stall, organizers may consider filing a lawsuit on behalf of the city of St. George.
Globe editorial: The junk-food economics of corporate subsidies
Corporate subsidies have become a significant problem for the Canadian economy, with Ottawa projected to spend .4 billion on subsidies by fiscal 2028. Economist John Lester’s analysis shows that the majority of these subsidies are ineffective and actually harm the economy. Only 20% of total subsidies have a positive impact on real income. The subsidies also contribute to a fiscal burden, requiring Ottawa to raise taxes or issue debt to cover the costs. The Liberal government’s continued indulgence in corporate subsidies, particularly in the electric vehicle industry, is criticized for not creating the promised jobs of the future and potentially shifting workers from Canadian-owned firms. Scrapping these subsidies could provide an economic boost and free up billions of dollars for other priorities, such as reducing the deficit, cutting taxes, or funding national defense or child care.
‘No room for compromise’ in finding truth over Avakoum scandal
Fact: The court case over the Osiou Avakoum monastery scandal has been postponed until May 30 after the two monks involved filed an appeal to recover the €807,000 taken from them during the investigation.
Man steals car at knifepoint in Limassol
Fact: A 30-year-old man was arrested for physically assaulting a 46-year-old woman in Limassol.
Moneyval reports improvements in money laundering measures
Cyprus has welcomed a Moneyval report that acknowledged improvements in tackling money laundering and terrorism financing, but also identified existing shortcomings.
US lawmakers table bill to extend lifting of Cyprus arms embargo
Fact: A group of United States congressmen tabled a bill to extend the waiver renewal period for the country’s arms embargo on Cyprus from one year to five years.
Canada’s capital-gains tax change continues decades-old debate over economic growth and tax fairness
The fact described in the text is that Finance Minister Chrystia Freeland announced an increase in the capital-gains inclusion rate to 66 per cent for corporations and trusts, and for individuals on gains above 0,000, in order to raise nearly billion over five years to pay for housing initiatives.
Opinion: Biden tax plan would pummel average Americans | Chattanooga Times Free Press
President Joe Biden’s 2025 budget blueprint, if implemented, would lead to record spending, soaring debt, and trillion-dollar deficits becoming the new norm. Despite billions in higher taxes, middle-class Americans frustrated by rising prices should expect more of the same under Bidenomics.
Dismissed Tesla employee shares hardship
Nico Murillo, a former Tesla employee who started as a production associate and climbed the corporate ladder to become a Production Supervisor, was abruptly laid off. He had been sacrificing a lot for the company, even sleeping in his car during the week to be close to work. Despite his dismissal, he plans to continue living in his Tesla Model Y for the next 5 years to save on housing expenses and make investments to eventually live off the profits.