thejournal.io | browse concepts or read more news
Study shows Broncos’ Mile High stadium cost federal taxpayers $54 million
The Denver Broncos are winning. U.S. taxpayers are not.
1056 points by The Denver Post | Tax Yankee Stadium Taxation in the United States New York Yankees Taxation Tax refund Subsidy Progressive tax
Editorial: Putting the arm on Emerson
Nice dorm proposal you’ve got there, Emerson College — shame if anything were to happen to it.That was the message we took from Boston City Councilor Josh Zakim, who wants the college to pony up more money as it tries to solve a temporary student housing problem.Emerson is renovating a dorm on Boylston Street. The college wants to lease the Boston Fenway Inn and house 115 students there from 2017 to 2019 while renovations are completed. The plan needs approval of the Boston Redevelopment Authority.And that’s where Zakim saw his opening.
-1 points by Boston Herald | Boston College Tax Money Emerson College University Green Line Cutler Majestic Theatre
EDITORIAL: Free to choose
Plan would let workers opt out of PERS
53 points by Las Vegas Review-Journal | Pension Cash balance plan Retirement Economics Finance Tax Economics terminology Carson City Nevada
Taxpayer group sues Mich., says it owes cities millions
Taxpayers for Michigan Constitutional Government says incorrect formula is being used to calculate revenue sharing       
-1 points by The Detroit News | Metro Detroit Detroit Tax Public finance Michigan Macomb County Michigan Grosse Pointe Wayne State University
Michael Shvo indicted for evading $1M in taxes
The art collector turned himself in on charges of criminal tax fraud, falsifying business records and offering a false instrument for filing.
4 points by New York Post | Manhattan Roy Lichtenstein Andy Warhol Cyrus Vance Jr. Cyrus Vance Art Tax Arts
Metro cities sue Michigan, say they’re owed millions
Taxpayers for Michigan Constitutional Government says incorrect formula is being used to calculate amount shared       
-1 points by The Detroit News | Detroit Metro Detroit Michigan Public finance Tax Wayne State University Appeal Local government
Money trumps morals when Pa. invests your tax dollars
Pennsylvania's giant state pension fund is resisting calls to divest in a controversial pipeline project, even after guards sicced attack dogs on Native American protesters. Does money always have to trump morals when it comes to investing taxpayer dollars?
217 points by The Philadelphia Inquirer | Investment Pension Pension fund Divestment Pennsylvania Morality Retirement Tax
Emanuel’s utility tax survives test vote, but it got a bumpy ride
Mayor Rahm Emanuel's proposed 29.5 percent tax on water and sewer bills to save the largest city employee pension funds has cleared its first hurdle.
116 points by Chicago Sun-Times | Pension Chicago Pension fund City council Richard M. Daley Rahm Emanuel Tax Municipality
Finance Committee OKs Emanuel’s utility tax but it wasn’t pretty
Mayor Rahm Emanuel's proposed 29.5 percent tax on water and sewer bills to save the largest city employee pension funds has cleared its first hurdle.
73 points by Chicago Sun-Times | Pension fund Pension Chicago City council Municipality Funding Tax Rahm Emanuel
Southpointe Iceoplex owner guilty of tax crimes
An attorney who owns the Iceoplex at Southpointe and other nearby businesses was found guilty this afternoon on numerous counts of failure to pay payroll taxes from 2012 on, but he was acquitted of obstructing the IRS and other counts relating to failure to pay prior to 2012.
2 points by Pittsburgh Post-Gazette | Grand jury Jury Tax Not proven Internal Revenue Service Taxation in the United States Indictment Social Security
Judge: Mel Reynolds gets to see Elzie Higginbottom’s tax records
A federal judge has rejected claims by a prominent Chicago businessman that he is being harassed by former U.S. Rep. Mel Reynolds.
30 points by Chicago Sun-Times | Income tax Tax Corporate tax Misdemeanor Income tax in the United States President of the United States Tax refund Income
Finance Committee approves Emanuel’s utility tax
Mayor Rahm Emanuel's proposed 29.5 percent tax on water and sewer bills to save the largest city employee pension funds has cleared its first hurdle.
73 points by Chicago Sun-Times | Pension fund Pension Chicago City council Municipality Funding Tax Rahm Emanuel
Emanuel's new water tax easily passes key test vote
Mayor Rahm Emanuel's latest tax hike gained momentum Thursday as the City Council Finance Committee easily advanced a plan that would cost Chicagoans $226 a year by 2020 on their water and sewer bills. The 26-6 vote to send the new tax to the council next week came despite several aldermen saying...
-1 points by Chicago Tribune | Pension Pension fund Tax Property tax Money Rahm Emanuel Million Buffalo Bills
Senator pushes IRS on cybersecurity
In a letter to IRS Commissioner John Koskinen, Sen. Ron Johnson (R-Wis.), chairman of the Homeland Security and Governmental Affairs Committee, said “The IRS’s refusal to adopt the EINSTEIN system is very concerning..."
32 points by The Washington Post | Internal Revenue Service Commissioner of Internal Revenue Douglas H. Shulman IRS tax forms Taxation in the United States Internal Revenue Service Restructuring and Reform Act of 1998 Tax United States Department of the Treasury
Real-estate developer Michael Shvo indicted for alleged tax scam
Major real estate developer Michael Shvo has been indicted for ripping off New York State in a tax evasion scam, prosecutors said.
20 points by Daily News | United States Tax New Jersey New York City Tax avoidance and tax evasion Supreme Court of the United States Lawyer Jury
10 Cuyahoga County school districts have new taxes on the November ballot: Here's the list
Four districts want more money for expenses. Another two want the OK to sell bonds that would raise money for school construction and renovation. The remaining four propose combination issues that would allow a district to sell bonds and levy a tax to pay for them while also allowing an additional tax for maintenance and further improvements.
13 points by The Plain Dealer | High school Tax Middle school Levy Taxation in the United States Finance Cuyahoga County Ohio College
Denmark to pay for Panama Papers data
Andrew V. PestanoCOPENHAGEN, Denmark, Sept. 8 (UPI) -- Denmark's tax minister said the government will buy data leaked from Mossack Fonseca, the law firm involved in the Panama Papers scandal.
-1 points by UPI | United Press International Tax William Randolph Hearst International News Service News World Communications Taxation in the United States Tax refund Tax avoidance and tax evasion
As Las Vegas' NFL stadium marches toward reality, burning questions remain
Where did the Las Vegas stadium project come from? Who would get the profits? What development would surround it? Do residents get a say in any of this?
714 points by Las Vegas Sun | Las Vegas metropolitan area National Football League Las Vegas Sands Oakland Raiders Stadium Events Clark County Nevada Las Vegas Strip Tax
Joliet tax preparer gets 42 months in prison for fraud
A southwest suburban tax preparer has been sentenced to 42 months in prison after pleading guilty to defrauding the state out of more than $400,000.
1 points by Chicago Sun-Times | Taxation in the United States Plea Federal Bureau of Investigation Income tax in the United States Income tax State income tax Corporate tax Tax
Detroit foreclosures down, but crisis looming
Analysis: Owners of about 6,000 properties in Detroit owe tax debt that’s a quarter or more of what the houses are worth        
-1 points by The Detroit News | Money Foreclosure Mortgage Real estate Property Property tax Tax Detroit
Book 'em — Alabama library will give jail time for overdue books
You can get booked for not returning your books.
263 points by Daily News | Public library Fine Librarian Book Receipt Tax Interest Returning
Primary survey: UNH student joins four-way race for GOP nod for House seats
Jim NasserParty: RepublicanAge: 22Town: NottinghamOccupation: student attending UNH – graduating December 2016Incumbent? NoCommuter rail funding? It is a potentially good idea for the future, but for now it will cost millions of dollars in taxpayer money, and that is something we cannot afford.Provi...
-1 points by Concord Monitor | Property Employment Tax United States Constitution Legalization Minimum wage Decriminalization New Hampshire
Detroit homeowner faces foreclosure for unpaid taxes
Anthony DeRamus, 55, owes $6,000 in back taxes and interest on his home which is only worth $5,400. Owners of roughly 6,000 Detroit houses owe tax debt that’s a quarter or more of what their properties are worth.        
-1 points by The Detroit News | Property Real estate Detroit Detroit Free Press The Detroit News Tax Road United States dollar
Mexico's New Finance Minister Inherits Tight Budget Goals
José Antonio Meade has the task of presenting Congress with a budget proposal for 2017 that will slash government spending to confront further declines in oil revenue and rein in growing public debt.
6 points by The Wall Street Journal | United States public debt Tax Federal government of the United States President of the United States Petroleum Corporate finance Mexico Rein
Denmark Will Buy Leaked Panamanian Documents in Fight Against Tax Evasion
It was unclear if the files were from the so-called Panama Papers, but they originated with the same law firm at the center of an offshore finance scandal.
127 points by The New York Times | Vladimir Putin Tax Tax haven Offshore company Tax Minister of Denmark Offshore bank Lionel Messi Tax avoidance and tax evasion
Derelict Aberdeen house may face the bulldozer, if it doesn't fall down first
There's a vacant house on Doris Circle in Aberdeen that is on the verge of collapsing, and it may fall to the city government to get rid of the structure. Former city councilwoman Ruth Ann Young, who lives on Doris Circle, says the house has been vacant for about four years, since the owner died...
-1 points by Baltimore Sun | Property English-language films Tax Lien Property law Legal terms The Council Tax lien
Civic Federation questions Emanuel’s utility tax plan
The Civic Federation wants proof that the mayor's tax on water and sewer bills will be enough to save the largest of Chicago’s employee pension funds.
42 points by Chicago Sun-Times | Pension Pension fund Finance Actuary Tax Insurance Actuarial science Municipality
Las Vegas stadium financing expected to dominate panel discussion
The Southern Nevada Tourism Infrastructure Committee has posted four draft recommendations for its final report to Gov. Brian Sandoval, but the most prominent one — on proposed stadium financing — is “pending” and likely will be the meat of the committee’s Thursday afternoon’s meeting at UNLV.
175 points by Las Vegas Review-Journal | Sheldon Adelson Nevada Las Vegas Sands National Football League Las Vegas Nevada Tax Sands Hotel Las Vegas Strip
EDITORIAL: On the road again
County seeks voter support for tax hike
1 points by Las Vegas Review-Journal | Inflation Consumer price index Price index Tax Gasoline Price indices Grand Central Parkway Public transport
Liberal watchdog group to ask IRS to investigate Trump Foundation's political gift
They plan to ask the tax agency to investigate a $25,000 campaign donation that the charity made to help Florida Attorney General Pam Bondi.
3734 points by The Washington Post | Donald Trump Tax Ivana Trump Fred Trump Trump Entertainment Resorts The Apprentice
Foreclosures down, but debt could spell future crisis
Analysis: Owners of about 6,000 properties in Detroit owe tax debt that’s a quarter or more of what the houses are worth        
-1 points by The Detroit News | Money Foreclosure Mortgage Real estate Property Property tax Tax Detroit
Emanuel tries to prove tax plan sufficient to save pension fund
It didn’t work with the anti-Emanuel Progressive Caucus that demanded the study of the plan for the Municipal Employees Pension Fund weeks ago.
111 points by Chicago Sun-Times | Pension fund Pension Investment Finance Tax Actuary Funding Rate of return
Stocks seesaw after GOP pulls health care bill
Washington sent US stocks on a wild ride on Friday afternoon after President Trump asked Republicans to pull their health care bill. After rising and falling less than 50 points for much of the day, the Dow Jones industrial average fell about 75 points in a matter of minutes around 3 p.m., just as the...
-1 points by New York Post | Dow Jones Industrial Average Tax Dow Jones & Company Bill Clinton Dow Jones Indexes New York Stock Exchange Charles Dow Public finance
Local businessman prepares false tax returns, sentenced to federal prison for the second time
A local tax return preparer was sentenced Friday to federal prison for the second time, after preparing false tax returns, according to U.S. Attorney Abe Martinez and D. Richard Goss, special agent in charge of Internal Revenue Service-Criminal Investigation.
-1 points by The Houston Chronicle | Taxation in the United States Federal Bureau of Investigation Internal Revenue Service Plea United States Department of Justice Tax Prison Sentence
Rauner vetoes bill to shore up Chicago municipal workers pensions
'The legislation will create another pension funding cliff that the city does not have the ability to pay,' the governor said Friday.
28 points by Chicago Sun-Times | Pension Chicago Retirement Tax Pension fund United States Congress Democratic Party Veto
Mnuchin promises individual, corporate tax cuts in overhaul
U.S. Treasury Secretary Steven Mnuchin said the White House is committed to a tax overhaul that includes corporate and individual tax cuts, while acknowledging it may be a challenge to get it completed by August.
-1 points by The Denver Post | President of the United States Bill Clinton Taxation Tax Democratic Party Corporate tax White House George W. Bush
Can budget deal ever get done with Rauner, Madigan at the table?
At the Capitol, the so-called grand bargain proved to be a grand illusion.Senate leaders on both sides of the aisle haven't done much to knock down speculation that they're on the way out of the legislature.The over-the-top rhetoric is back in full effect. Republican Gov. Bruce Rauner has returned...
-1 points by Chicago Tribune | Chicago Tax Michael Madigan Lisa Madigan United States Senate Illinois Democratic Party Rod Blagojevich
MET's Pay-As-You-Go option makes college saving less taxing
Investing a tax refund for college in a 529 college savings plan like MET can save money on taxes and is a smart move.        
-2 points by The Detroit News | Tax refund Tax Income tax Investment College tuition Taxation Saving Income tax in the United States
Wilmot passes $1.4 million budget, holds onto garage site
The town of Wilmot will hold on to the old town garage for another year.An article that would have given the select board the authority to sell the land located at 7 Pedrick Road in Wilmot was unanimously defeated at town meeting Thursday night. The article was not recommended by the select board.Se...
-1 points by Concord Monitor | Voting Democracy Voting system Tax New England Board of directors Massachusetts Resident
Residents push back against Concord school budget
Concord school board members got an earful from the public at the second hearing on their $79.5 million budget proposal Wednesday night.Residents said they came to push back against the board’s tentative decision to not include an expansion to full-day kindergarten in next year’s budget. But many al...
109 points by Concord Monitor | United States Tax Public finance Board of directors Concord High School Proposal of marriage The Republican District
Save money on your property taxes
Forget about keeping up with the Joneses. This time of year you want your house to be as crummy as possible. Why? Because it’s property tax assessment time, which means it’s also assessment appeal time. And if you can successfully argue that your house isn’t worth as much as the government says it...
-2 points by Concord Monitor | Real estate Property tax Tax Assessor Property
New estimate of Henry Ford-Pistons complex: $83M
The Detroit Pistons-Henry Ford Health facility in New Center makes progress in becoming reality        
-2 points by The Detroit News | Detroit Auburn Hills Michigan Brownfield land Parking Ford Motor Company Michigan Detroit Red Wings Tax
Apple paid no tax in New Zealand over past decade – report
An investigation by the New Zealand Herald newspaper found electronics giant Apple has sold $2.96 billion (NZ$4.2 billion) worth of products since 2007 in the country but has not paid any local tax. Read Full Article at RT.com
-1 points by Russia Today | Tax Corporate tax European Union Income tax European Commission Taxation New Zealand
Dump Trump’s unaffordable N.Y. tax break, aka 421-a
If you want to know who really benefits from the real estate tax abatement known as 421-a, look no further than a lawsuit
214 points by Daily News | New York City Real estate Housing cooperative Taxation in the United States Tax Donald Trump Property tax United States federal budget
Police, firefighters would control own pension plan under N.J. bill
TRENTON — Police and firefighters would manage their own pension plan, taking control from the state, under a bill that passed the Legislature Thursday. It now heads to Gov. Christie’s desk.
-1 points by The Philadelphia Inquirer | Pension Legislature New Jersey Trenton New Jersey Pension fund Tax Pensioner Philadelphia
CBO analysis: Revised GOP bill would save less money, still leave 24 million more uninsured
Changes that House Republicans have made to their health-care legislation would reduce savings in federal spending by half as much as their original plan and would still cause 24 million more Americans to be uninsured, according to congressional budget analysts. The estimates by the Congressional...
-1 points by Chicago Tribune | United States Congress Health care Health insurance Tax United States Constitution President of the United States Washington D.C. Republican Party
Gov. Wolf’s costly consultant sure talks pretty

-2 points by The Philadelphia Inquirer | United States State Abbas Kiarostami Long and short scales Tax Investment
Detroit Tigers would fetch princely sum if Ilitch heirs sell
The Tigers have soared in value since Mike Ilitch bought the Major League team in 1992. Time for his heirs to cash out?        
-2 points by Detroit Free Press | Major League Baseball Detroit Tigers Taxation in the United States Detroit Internal Revenue Service Detroit Red Wings Tax IRS tax forms
Trump tax cuts could boost profit $12 billion at big U.S. banks
The six largest U.S. banks could see annual profit jump by an average of 14 percent if President Donald Trump delivers on his promise to cut corporate taxes.
5 points by The Denver Post | Taxation Corporate tax Tax Progressive tax Goldman Sachs Taxation in the United States Income tax Bank of America
COMMENTARY: Tax reform, repealing Obamacare must be Donald Trump’s priority
The economy is dying. Barack Obama left President Trump with a mess on his hands. A disaster looms — not for corporations, but for individual taxpayers.
1 points by Las Vegas Review-Journal | Corporate tax United States Tax Income tax Democratic Party Great Depression Small business Taxation