Politics

GOP tax plans might reward rich families

Life may be about to get easier for people with rich parents. They can thank the Republicans’ tax plans. Part of their prep school tuition could be shielded through taxes. A larger chunk of their inheritances might be free of estate tax. Family-owned businesses they have a stake in could be taxed at a discount. Stock portfolios gifted to them ...

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DOJ’s Rod Rosenstein: Satisfied with Mueller probe

Deputy Attorney General Rod Rosenstein told an interviewer he will be satisfied with the work of special counsel Robert Mueller, whose investigation will be being criticized by President Donald Trump as “the greatest Witch Hunt in U.S. political history.” The interview was posted Wednesday by NBC’s Washington affiliate. Rosenstein, who wrote the memo of which was the basis for Trump’s ...

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Al Franken will resign amid sexual misconduct accusations

Franken became the second prominent Democrat to announce his departure through Congress This specific week amid sexual misconduct allegations. Rep. John Conyers of Michigan stepped down Tuesday after more than 50 years in Congress after former staffers’ accusations of misconduct. The push for Franken’s resignation came as Moore runs for Senate in Alabama amid allegations of sexual misconduct with teenagers ...

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List of sexual misconduct allegations

Sen. Al Franken announced his resignationon the Senate floor Thursday morning, as Democratic calls for his resignation mount following the latest sexual misconduct accusations against him. About 30 Senate Democrats, starting with women, have urged the Minnesota Democrat to step down. Franken on Thursday denied most of the allegations, which started out to surface last month. Here are the eight ...

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Minnesota Lt. Gov. Tina Smith could replace Sen. Al Franken: Reports

Minnesota Lt. Gov. Tina Smith is actually the most likely choice to succeed outgoing Sen. Al Franken, the Star Tribune in addition to Politico reported. Franken announced his plan to resign Thursday as Senate Democrats pushed him to step down within the wake of several sexual misconduct accusations. Minnesota Democratic Gov. Mark Dayton will pick a successor to serve after ...

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Tax plan crowns a big winner: Trump’s industry

House along with also Senate Republicans, in their divergent bills, both offered steeply reduced rates to corporate giants, partnerships along with also family-owned firms across the board. although when that will came time to eliminate special breaks or impose tighter standards, real estate was generally excused by the room. Most businesses were hit with completely new limits on deductions for ...

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Time magazine’s Person of the Year will be ‘The Silence Breakers’

Time magazine’s 2017 Person of the Year will be “The Silence Breakers,” those who came forward with their stories about being victims of pervasive sexual harassment. The magazine’s editor-in-chief revealed the cover on NBC’s “TODAY” show, saying one of the women shown only partially on the cover will be someone Time spoke to however “doesn’t feel of which she can ...

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Democrats call for Al Franken to resign after completely new misconduct claim

More than 25 Democratic senators in addition to also the party’s chief urged Sen. Al Franken to resign Wednesday following the latest sexual misconduct allegation against him. After the resignation calls, Franken’s office said the senator would likely make an “announcement” on Thursday. the item didn’t elaborate. Franken tweet Earlier Wednesday, Politico reported of which a former Democratic congressional aide ...

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Tax overhaul will do ‘very little’ for growth

The Republican-sponsored tax overhaul plan will do “very little” to spur real economic growth however could push inflation dangerously higher, former Fed Chair Alan Greenspan said Wednesday. Greenspan said the GOP plan, endorsed by President Donald Trump, instead should focus on reducing the deficit in addition to heading off inflation. Under the proposal, the corporate tax rate will be slashed ...

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Trump speaks to Romney amid speculation on Utah Senate race

A top White House aide says President Donald Trump spoke late Tuesday with 2012 GOP presidential nominee Mitt Romney. Kellyanne Conway said on CNN Wednesday that will the two had a “wonderful conversation.” This kind of was not clear if they discussed the Utah Senate race. Romney has been considering a 2018 run in Utah if Sen. Orrin Hatch retires. ...

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