Trump’s new ‘deal’ could save Big Oil $110 billion in taxes

Trump's new ‘deal’ could save Big Oil $110 billion in taxes

Donald Trump allegedly offered Big Oil executives 0 billion in tax breaks if they donated billion to his campaign. Congressional Democrats are investigating this potential quid pro quo deal. Joe Biden plans to eliminate these tax breaks for the oil and gas industry if elected. The fossil fuel industry is lobbying to maintain these tax breaks, which are set to expire next year. Some attendees at Trump’s fundraising dinner at Mar-a-Lago included executives of smaller oil companies focused on fracking and gas exporting. The event was also attended by individuals with controversial backgrounds in the oil and gas industry.

Guest Opinion: Cut state tax on capital gains – The Coastland Times

Guest Opinion: Cut state tax on capital gains - The Coastland Times

Fact: John Hood suggests cutting the state tax on capital gains in North Carolina to make the tax code friendlier to growth and investment.

Cut state tax on capital gains | Sampson Independent

Cut state tax on capital gains | Sampson Independent

The General Assembly in North Carolina has pursued tax reform to promote growth and expand freedom in the state. They have implemented a flat-rate income tax, lower rates on personal income and retail sales, and are phasing out corporate income taxes. However, there are concerns about completely eliminating income taxes without raising sales taxes or broadening its base. One solution proposed is to keep the personal income tax but subtract net savings and charitable gifts from taxable income, similar to other states and countries. Implementing an exclusion for long-term capital gains, like South Carolina, could make the state more favorable for savings and investment without creating fiscal imbalances.

Google fights $17 bln UK lawsuit over adtech practices

Google fights $17 bln UK lawsuit over adtech practices

Google parent Alphabet is facing a mass lawsuit in London accusing it of abusing its dominance in the online advertising market. The lawsuit seeks damages of up to 13.6 billion pounds on behalf of UK-based publishers who claim they have suffered losses due to Google’s allegedly anticompetitive behavior.

From arming teachers to corporate tax breaks: Tennessee’s new, extreme laws

From arming teachers to corporate tax breaks: Tennessee’s new, extreme laws

Tennessee’s Republican-dominated legislature passed conservative laws this year, including allowing teachers to arm themselves in class. Other bills included providing government-funded vouchers to private schools, tax breaks to corporations, civil penalties for aiding minors with abortion, and restricting library materials. The state also passed a bill allowing public school teachers and staff to carry guns.

Over 14% of children are victims of cyber bullying

Over 14% of children are victims of cyber bullying

– Just over 14 per cent of children in Cyprus have fallen victim to cyberbullying at least once or twice in the last few months.
– 9.5 per cent of children had bullied another child online in the past few months at least once or twice.
– 14.4 per cent of children reported being bullied in the same timeframe and frequency.
– 4.3 per cent of students had bullied children at school at least two to three times in the past few months.
– 7.8 per cent of students were bullied at least two to three times a month in the last months.
– 10.6 per cent of children were involved in fights at least three times in the past year.
– The increase in cyberbullying is alarming, particularly in the past few years among certain groups of children.

Students in Cyprus face cyberbullying and school bullying, study finds

Students in Cyprus face cyberbullying and school bullying, study finds

The World Health Organisation’s HBSC study in Cyprus by the Ministry of Education focused on cyberbullying and traditional bullying among Cypriot students. The survey included responses from 4,818 students aged 11, 13, and 15. The study found that boys in Cyprus reported higher rates of bullying at school than girls, while no significant gender differences were found in rates of being bullied. Additionally, 15-year-olds and children from low socio-economic backgrounds in Cyprus were more prone to cyberbullying, with no significant gender differences in rates of being cyberbullied. Boys in Cyprus also reported higher rates of involvement in physical fights compared to girls.

JOHN HOOD | Cut state tax on capital gains | Laurinburg Exchange

JOHN HOOD | Cut state tax on capital gains | Laurinburg Exchange

The General Assembly in North Carolina has pursued tax reform to foster growth and expand freedom in the state. The state now has a flat-rate income tax and lower rates on personal income and retail sales. Lawmakers are phasing out state taxes on corporate income. However, some lawmakers believe all income taxes can be phased out without affecting core public services, which the author disagrees with. The author suggests keeping the personal income tax mechanism in place but subtracting net savings from taxable income, similar to other states like South Carolina. This would make the state friendlier to savings and investment without creating fiscal imbalances.

The cancer-stricken winner of the $1.3 billion Powerball jackpot in Oregon will get a $422 million lump-sum after taxes and says he’ll keep playing the lottery

The cancer-stricken winner of the $1.3 billion Powerball jackpot in Oregon will get a $422 million lump-sum after taxes and says he'll keep playing the lottery

The cancer-stricken winner of the .3 billion Powerball jackpot in Oregon will receive a 2 million lump-sum after taxes and plans to continue playing the lottery.

Attempted murder victim fights for life in Nicosia hospital

Attempted murder victim fights for life in Nicosia hospital

Dimitris Andronikou, also known as “Dimitroui”, is in critical condition in Nicosia General Hospital after sustaining three gunshot wounds in an attempted murder. Police investigations are ongoing, including looking into his connections to recent crimes and analyzing evidence found at the scene. Witnesses have not been able to provide details about the perpetrators due to their helmets.