Elizabeth Warren says the ultra-rich should be audited every 3 years

Felipe Castro holds a sign advertising a tax preparation office for people that still need help completing their taxes before the Internal Revenue Service deadline on April 14, 2010 in Miami, Florida. Joe Raedle/Getty Images US Sen. Elizabeth Warren wants to double the IRS budget, she told Bloomberg on Tuesday. The money would pay for increased auditing of the ultra-rich, she said. "The audit rate of the top one tenth of 1%... will be 30%. That means every three years, in effect," Warren s...
Tags: Politics, Massachusetts, Elizabeth Warren, US, America, Trends, Bloomberg, Economy, Audit, Warren, Fox News, Associated Press, Charles Davis, Irs, Internal Revenue Service, Sen Elizabeth Warren

With New York clearing the way, the House reissued a subpoena for Trump's tax records

Getty The House Oversight Committee reissued a subpoena for former Trump's accounting firm, Mazar USA.  They are seeking eight years of Trump's financial records.  Last week, The Supreme Court paved the way for the Manhattan DA's office to access the records.   Visit the Business section of Insider for more stories. The House Oversight Committee reissued a subpoena for former President Donald Trump's accounting firm last week, House counsel Doug Letter said in a filing on Tuesday.  Congre...
Tags: Politics, New York, Taxes, Supreme Court, White House, Politico, Trends, House, Manhattan, Donald Trump, Committee, US supreme court, Trump, Vance, Cyrus Vance Jr, Carolyn Maloney

From confidence to a distraction: Inside Biden's failed push for Neera Tanden

Standing onstage in December at the Queen Theater in Wilmington, Delaware, Joe Biden described his freshly nominated pick to run the White House budget office, Neera Tanden, as "brilliant." He cited her hardscrabble upbringing. And he even quoted his father to emphasize her set of values.
Tags: White House, Joe Biden, Cnn, Biden, Wilmington Delaware, Neera Tanden, Queen Theater

First on CNN: Rep. Ronny Jackson made sexual comments, drank alcohol and took Ambien while working as White House physician, Pentagon watchdog finds

The Department of Defense inspector general has issued a scathing review of Rep. Ronny Jackson during his time serving as the top White House physician, concluding that he made "sexual and denigrating" comments about a female subordinate, violated the policy for drinking alcohol while on a presidential trip and took prescription-strength sleeping medication that prompted concerns from his colleagues about his ability to provide proper care.
Tags: White House, Department Of Defense, Cnn, Pentagon, Ronny Jackson

First on CNN: Rep. Ronny Jackson made sexual comments, drank alcohol and took Ambien while working as White House physician, Pentagon...

The Department of Defense inspector general has issued a scathing review of Rep. Ronny Jackson during his time serving as the top White...
Tags: White House, Department Of Defense, Pentagon, Ronny Jackson

Cecilia Rouse confirmed to head Council of Economic Advisers

By Andrea Shalal | Reuters WASHINGTON – A majority of the U.S. Senate on Tuesday voted to confirm Cecilia Rouse as chair of the White House Council of Economic Advisers, making her the first Black economist to serve in the post. Rouse was confirmed in an overwhelmingly bipartisan vote of 95-4, with one senator not voting. Rouse, 57, a labor economist and former dean of the Princeton School of Public and International Affairs, has pledged to work for a more equitable and just economy that serves ...
Tags: Obama, Washington, White House, Sport, Soccer, Commerce, Treasury, Janet Yellen, Biden, Clinton, Reuters, U S Senate, Rouse, Council of Economic Advisers, Gina Raimondo, Andrea Shalal

Texas Gov. Abbott has reopened the state '100%' amid a rebound of cases, despite regretting doing the same thing last year

Texas Gov. Greg Abbott. Lynda M. Gonzalez-Pool/Getty Images Gov. Greg Abbott said last year he regretted reopening bars too soon as Texas saw a surge in COVID-19 cases. On Tuesday, he reopened Texas "100%" after the CDC recommended against rolling back restrictions. The CDC has warned states not to reopen prematurely as coronavirus variants still spread. Visit the Business section of Insider for more stories. Last year, Texas Gov. Greg Abbott said he regretted reopening bars too soon in th...
Tags: Politics, Texas, Science, Cdc, White House, Trends, Centers For Disease Control And Prevention, Abbott, Greg Abbott, WFAA, Texas Gov Abbott, US Texas, Coronavirus, Lauren Frias, COVID-19, COVID

Here are the bestsellers at Southern California’s independent bookstores

The SoCal Indie Bestseller List for the sales week ended Feb. 28 is based on reporting from the independent booksellers of Southern California, the California Independent Booksellers Alliance and IndieBound. For an independent bookstore near you, visit IndieBound.org. HARDCOVER FICTION 1. Hamnet: Maggie O’Farrell 2. The Midnight Library: Matt Haig 3. The Four Winds: Kristin Hannah 4. The Vanishing Half: Brit Bennett, Riverhead Books, $27, 9780525536291 5. Mexican Gothic: Silvia Moreno-Garcia 6...
Tags: Books, Barack Obama, Sport, Fox, Things To Do, Soccer, Paris, Joan Didion, Pond, Southern California, Frank Herbert, George Saunders, Matt Haig, Sanjay Gupta, Ann Patchett, Cicely Tyson

Paying self-employment taxes on the revised Schedule SE

Being the boss can be fulfilling, exciting and, if profitable, mean more tax responsibilities, like paying self-employment taxes. (Photo by Zen Chung via Pexels.com) There are a lot more self-employed taxpayers this filing season, thanks to (you guessed it) the COVID-19 pandemic. People whose hours were reduced at their full-time jobs made up (or tried to) the lost income with side gigs. Others whose salaried positions were eliminated embraced their entrepreneurial spirit and became their...
Tags: Taxes, White House, Social Security, Medicare, Donald Trump, Irs, U S Treasury, Internal Revenue Service, Uncle Sam, Pexels, Zen Chung

Sen. Hawley finally finds a Biden nominee he can vote for

By Paul LeBlanc | CNN Republican Sen. Josh Hawley has voted to confirm Cecilia Rouse as chair of the Council of Economic Advisers on Tuesday, breaking a streak of opposition to Joe Biden’s Cabinet nominees. Hawley’s support came after he defended on Monday his prior record of not voting to advance any Biden Cabinet secretary nominees, insisting that he evaluates each pick individually. “I take them one at a time, if there is someone I think will be good to Missouri, that I can defend to my voter...
Tags: Politics, News, Congress, Senate, Sport, Joe Biden, Cnn, Soccer, Missouri, Biden, Donald Trump, Cabinet, Trump, Orlando Florida, Rouse, Council of Economic Advisers

White House pulls Tanden nomination

The White House on Tuesday pulled Neera Tanden's nomination to lead the Office of Management and Budget amid opposition from key senators, dealing the first Cabinet-level defeat for President Joe Biden.
Tags: White House, Cnn, Office of Management and Budget, Neera Tanden, Tanden

FBI Director Wray Provides First Testimony Since Capitol Attack

FBI Director Christopher Wray will testify before the Senate Judiciary Committee at 1o a.m. ET Tuesday, the first testimony from Wray since the attack on Congress on Jan. 6. The ongoing criminal investigation into the hundreds of Trump supporters who stormed the Capitol building that day constitutes one of the largest investigations in FBI history. Former President Donald Trump nominated Wray to lead the FBI in June 2017. Wray was confirmed by the Senate that August. FBI directors serve 10...
Tags: News, Congress, Senate, White House, Joe Biden, Fbi, Donald Trump, Trump, Wray, Senate Judiciary Committee, Capitol, Christopher Wray, Jen Psaki, Matt Shuham, Capitol insurrection

Great Recession-Scarred Dems Aim To Block GOP From Torpedoing Economic Recovery

While the COVID-19 relief bill is still lumbering towards a final vote, some Senate Democrats are already coalescing behind a proposal for the next comprehensive package: President Joe Biden’s jobs plan.  [Author: Kate Riga]
Tags: News, Senate, Barack Obama, Joe Biden, Senate Democrats, Kate Riga

Tanden withdraws her name from OMB consideration

By Alexandra Jaffe | Associated Press WASHINGTON — President Joe Biden’s pick to head the Office of Management and Budget, Neera Tanden, has withdrawn her nomination after she faced opposition from key Democratic and Republican senators for her controversial tweets. Her withdrawal marks the first high-profile defeat of one of Biden’s nominees. Eleven of the 23 Cabinet nominees requiring Senate approval have been confirmed, most with strong bipartisan support. “Unfortunately, it now seems clear t...
Tags: Congress, California, Washington, Senate, White House, Sport, Joe Biden, Soccer, Alaska, Bill Clinton, Capitol Hill, Biden, Gene Sperling, Vermont, Collins, Cabinet

Neera Tanden releases statement on pulling her nomination

The White House is pulling Neera Tanden's nomination to lead the Office of Management and Budget after key senators said they would vote against confirmation over her past tweets.
Tags: News, White House, Stories, Office of Management and Budget, Neera Tanden

Opinion: The Trumps are back, playing victims again

He lost the White House (big time), and (on his watch) his party lost the Senate and the House in the midterms. He lost Twitter and Facebook. Revenues are down across his business empire. What's a losing businessman-turned-politician to do?
Tags: News, Senate, White House, House, Stories

He dressed up as ‘antifa’ for Capitol riot and got arrested

By Paul P. Murphy | CNN South Carolinian William Robert Norwood III is facing federal charges after allegedly telling a family member he assaulted and stole gear from police officers during the Capitol riot. “I’m dressing in all black,” Norwood wrote under the name “Robbie” on January 5, the day before the riot and insurrection, according to text messages cited in an FBI affidavit. “I’ll look just like ANTIFA. I’ll get away with anything.” After the riot on January 6, additional text messages ob...
Tags: Politics, Crime, News, Congress, US, Sport, Cnn, Fbi, Soccer, Courts, Ohio, Norwood, Donald Trump, Capitol, Robbie, National News

Biden won White House with 'put your dumb uncle in the basement' strategy, new book says

President Biden won the White House because the coronavirus let him stay hidden in his basement, protecting his campaign from its...
Tags: White House, Biden

White House pulls the nomination of embattled budget chief pick Neera Tanden

"I look forward to having her serve in a role in my Administration," Biden said, signaling he'll find a job for her that doesn't need...
Tags: White House, Biden, Neera Tanden

Psaki pressed on whether Biden admin taking credit for Trump accomplishments on vaccine partnership

White House press secretary Jen Psaki was pressed about the Biden administration's taking credit for a partnership between Johnson &...
Tags: White House, Biden, Trump, Jen Psaki, Psaki

Neera Tanden Withdraws Her Nomination to Head White House Budget Office Amid Bipartisan Opposition Over Tweets

Neera Tanden withdraws her nomination to head White House budget office amid bipartisan opposition over tweets.
Tags: White House, Neera Tanden, Head White House Budget Office

Biden Withdraws Tanden's Nomination to Be White House Budget Chief

WASHINGTON (Reuters) - The White House on Tuesday withdrew the nomination of Neera Tanden to head its budget office, bowing to political reality as...
Tags: Washington, White House, Reuters The White House, Neera Tanden, Biden Withdraws Tanden

The best defense against authoritarianism? More educated citizens.

It's difficult to overstate the impact of technology and artificial intelligence. Smart machines are fundamentally reshaping the economy—indeed, society as a whole.Seemingly overnight, they have changed our roles in the workplace, our views of democracy—even our family and personal relationships.In my latest book, I argue that we can—and must—rise to this challenge by developing our capacity for "human work," the work that only humans can do: thinking critically, reasoning ethically, interacting...
Tags: Work, Politics, Education, China, Russia, United States, Innovation, Fear, Ai, Mind, Donald Trump, Inequality, Humanity, Pew Research Center, Latin America, Western Europe

The White House is pulling Neera Tanden's nomination as budget chief after key senators said they would vote against confirmation

The White House is pulling the nomination of Neera Tanden to lead the Office of Management and Budget, according to an administration official.
Tags: News, White House, Stories, Office of Management and Budget, Neera Tanden

Biden hit with first Cabinet defeat as White House withdraws Neera Tanden nomination for budget chief

Neera Tanden. Andrew Harnik/Pool/AFP via Getty Images Biden's pick to head the White House budget office withdrew on Tuesday. Sen. Joe Manchin came out in opposition to Neera Tanden's nomination, jeopardizing her path forward in an evenly divided Senate. Tanden sparked controversy because of her heated attacks on Republicans — and some on the left, too. Visit the Business section of Insider for more stories. President Joe Biden was hit with his first cabinet defeat on Tuesday as his pick t...
Tags: Utah, Congress, Washington, Senate, White House, West Virginia, Trends, Joe Biden, Cnn, Gop, Hillary Clinton, Maine, Arkansas, Alaska, Mitt Romney, Ohio

U.S. will be able to vaccinate all adults by end of May, Biden says

WASHINGTON — President Joe Biden said Tuesday that the U.S. expects to take delivery of enough coronavirus vaccines for all adult Americans by the end of May, two months earlier than anticipated, as his administration announced that drugmaker Merck & Co. will help produce rival Johnson & Johnson’s newly approved shot. The announcement comes as the White House looks to speed the production of the single-dose J&J vaccine and accelerate the nation’s plans to reach “herd immunity” in the U.S. and be...
Tags: Health, News, Washington, White House, Merck, Sport, Joe Biden, Walgreens, Soccer, South Africa, Netherlands, Capitol Hill, GlaxoSmithKline, Pfizer, Lausd, Biden

LA council overrides mayor’s veto of plan reinvesting LAPD funds into community – with tweaks

The Los Angeles City Council forged ahead Tuesday, March 2, with a plan to invest up to $88.8 million into communities of color, a step aimed at responding to calls to defund the police department and promote racial justice amid last summer’s nationwide protests spurred by the police killings of George Floyd and Breonna Taylor. Last December, Mayor Eric Garcetti vetoed the council’s plans, an unusual step that he said he took because he felt the council’s proposal for how to spend the $88.8 mill...
Tags: Health, Business, Politics, Texas, News, Education, Government, Sport, Soccer, Community, Fox News, Biden, Lapd, Eric Garcetti, Los Angeles City Council, Trump

McEnany says she expected 'peaceful' rally on January 6. Keilar rolls the tape

CNN's Brianna Keilar sounds off on former White House press secretary Kayleigh McEnany for claiming that the Trump administration expected a "peaceful" rally on January 6, the day rioters attempted to stop the election certification by breaching the US Capitol.
Tags: News, White House, Cnn, Stories, Trump, Brianna Keilar, Kayleigh McEnany, McEnany

New York Democratic lawmakers say they're open to impeaching Gov. Andrew Cuomo

New York Gov. Andrew Cuomo is under increasing pressure from fellow Democrats. Stefani Reynolds/Getty Images Several New York state lawmakers shared their thoughts with Insider on the fate of Andrew Cuomo. While the Democrats largely agreed on wanting Cuomo to resign, they disagreed on impeachment. Sen. Alessandra Biaggi, an influential progressive, said Cuomo should be impeached if he doesn't resign. Visit the Business section of Insider for more stories. New York lawmakers from the Democ...
Tags: Politics, New York, Trends, Queens, Manhattan, Bronx, Andrew Cuomo, Donald Trump, Sexual Harassment, Albany, Chinatown, Cuomo, Trump, Resignation, Democratic, Assembly

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