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Wednesday, Jul 03rd

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Divorce penalty? Tax reform could shrink alimony for ex-spouses


Divorce penalty could shrink alimonyAlimony payments mandated by divorce agreements could lose their beneficial tax treatment.

The Tax Cuts and Jobs Act, unveiled on Thursday, includes a provision to kill the deduction that taxpayers get for making such payments to an ex-spouse. Although it's just one of the many tax breaks eliminated under the legislation, experts say it will end up most hurting the person receiving the money.

"Alimony payers won't be able to afford to give as much because they'll have to give it to Uncle Sam instead," said Nancy Hetrick, a certified divorce financial analyst and senior advisor at Better Money Decisions in Phoenix, Arizona. "There will be less money to go around to support the two households."

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Federal report blames humans for global warming and its effects

Federal report blames humans for climate change

An extensive report published by the federal government Friday asserts that humans are the primary driver of climate change, causing higher temperatures, sea level rise, agriculture problems and more.

The report, the first volume of the Fourth National Climate Assessment, is years in the making, and involved contributions from more than a dozen federal agencies.

It is meant to be an authoritative assessment of the current state of climate change science.

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Papadopoulos Email Claims Trump Campaign Approved Meeting With Putin’s Office

Trump agreed to meet with Putin during election

Following Monday’s revelation that his campaign adviser George Papadopoulos pleaded guilty to lying to federal agents about his contact with Kremlin-linked Russians, President Trump tried to distance himself from Papadopoulos, saying, “Few people knew the young, low level volunteer named George, who has already proven to be a liar.”

That’s a hard claim to swallow, since Papadopoulos was in regular contact with top campaign officials and met with a number of foreign officials as a Trump surrogate. Trump once called him an “excellent guy.” The Washington Post reports that he even sat next to future attorney general Jeff Sessions at a dinner for campaign advisers weeks before the Republican National Convention.

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Spain officially takes over Catalan, fires leaders

Spain officially takes over CatalanSpain's central government officially took control of Catalonia on Saturday, one day after announcing the dissolution of the regional Parliament.

In an official state bulletin, Spain dismissed the leaders, handing control to Spanish Deputy Prime Minister Soraya Saenz de Santamaria. Also, Spain's interior ministry took charge of Catalonia's police and fired senior police officials.

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Under Trump, Made in America Is Losing Out to Russian Steel

Russian steel undercutting US companies:  Buy America was a stuntFour days after his inauguration, Donald Trump signed a handful of executive memos to advance the Keystone XL pipeline and revive the U.S. steel industry.

He invited builder TransCanada Corp. to reapply for a permit denied by Barack Obama and ordered up fast-track rules forcing not only Keystone but also all new U.S. pipelines to be made from American steel. “From now on, we’re going to be making pipeline in the United States,” he said.

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Federal court says undocumented teen can get abortion

Judge Patricia Millett clears way for undocumented teem to get abortionA federal appeals court reversed itself Tuesday and ruled that the Trump administration cannot prevent an undocumented teenage girl from getting an abortion.

The full U.S. Court of Appeals for the District of Columbia Circuit ruled 6-3 that the 17-year-old girl, identified as J.D. and represented by the American Civil Liberties Union, does not need to secure a sponsor or leave the country in order to end her pregnancy.

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EPA cancels scientists' presentation on climate change at R.I. conference

EPA cancels scientists report to climate change conference The Environmental Protection Agency canceled a scheduled speaking appearance at a conference in Rhode Island on Monday -- at which three government scientists were set to talk about climate change.

John Konkus, an EPA spokesman and former campaign worker for President Donald Trump in Florida, confirmed that the agency scientists would not speak at the program.

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Top Twitter lawyer to testify in congressional Russia probes

Twitter lawyer to testifyTwitter will send its acting general counsel to testify before the House and Senate Intelligence committees in hearings regarding Russian interference in the 2016 presidential election, according to a company spokesperson.

Twitter's Sean Edgett will join Facebook’s general counsel, Colin Stretch, who is also set to testify at both hearings on Nov. 1, the social media giant said on Thursday.

Google, which was also invited to the hearing, has not yet commented on if it will send a representative to testify. Lawmakers, however, have said that they expect all three companies to attend.

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Fact-checking Donald Trump’s lies about Hillary Clinton and Russia

Trump lies over and overOnce again, Donald Trup, Liar in Chief, tries to divert the public from his role in corrupting the 2016 election by pointing his finger at the Clintons and some nefarius uranium deal with the Russians.  Here are the facts.  The facts.  Not the lies:

In 2010, Hillary Clinton, as secretary of state, was one of nine federal agency heads to sign off on Russia’s purchase of a controlling stake in Uranium One, an international mining company headquartered in Canada with operations in several U.S. states. It was part of a regular process for approving international deals involving strategic assets, such as uranium, that could have implications for national security. Uranium One’s U.S. mines produced about 11 percent of the country’s total uranium production in 2014, according to Oilprice.com.

But even with its control of Uranium One, Russia cannot export the material from the United States. Russia was likely more interested in Uranium One’s assets in Kazakhstan, the world’s largest uranium producer.

Read more on this widely covered story at Politifact...

 

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