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|Kremlin relishes US pullback from Syria, turmoil in Ukraine ||Score picks, bold predictions and fantasy tips for every Week 3 NFL game |
From Syria to Ukraine, new fault lines and tensions are offering the Kremlin fresh opportunities to expand its clout and advance its interests. The U.S. military withdrawal from northern Syria before a Turkish offensive leaves Russia as the ultimate power broker, allowing it to help negotiate a potential agreement between Syrian President Bashar Assad and the Kurds who were abandoned by Washington.
| What to watch for in every game. Bold predictions. Fantasy advice. Key stats to know. And, of course, score predictions. It's all here for Week 3. |
|Billionaires Could Face Tax Rates Up to 97.5% Under Sanders ||Belichick cuts presser short after AB questions |
(Bloomberg) -- Billionaires may have much more to fear from a Bernie Sanders presidency than they do from an Elizabeth Warren administration, according to two economists advising both candidates.That’s one of the conclusions of a new interactive website developed by University of California, Berkeley professors Emmanuel Saez and Gabriel Zucman.If Sanders had his way, they calculate that the 400 richest Americans, on average, would have an effective tax rate of 97.5%. That includes not only their income, but also a wealth tax that whittles away at the family fortune.The 97.5% average effective tax rate under his plans compares with 23% now and 62% under Warren’s proposals, according to the two economists. Sanders and Warren have both pitched wealth taxes, which is a key reason that their plans tax billionaires so much more. Warren’s wealth tax places a 2% levy on fortunes above $50 million and a 3% levy on assets more than $1 billion. Sanders’ plan goes further, and starts taxing wealth of $32 million at 1%, increasing to an 8% tax on fortunes above $10 billion.“With the wealth tax, you get directly at the stock instead of hitting the flow of income, making it a much more powerful de-concentration tool than income taxes,” Saez said in an email about Sanders’ tax, which Sanders has said would cut the number of billionaires in the country in half in 15 years.The calculations by Saez and Zucman cover state, local and federal taxes and also treat health insurance premiums that individuals pay as a tax, arguing that they are one of main drivers of inequality in the U.S.If a Democrat wins in 2020, wealthy Americans would fare best if it were Joe Biden, even though the former vice president would hit the rich with a markedly bigger tax burden -- an effective average rate of 30.6%, or more than 7 percentage points higher than they face now under President Donald Trump.Read More: Why Taxing the Rich Is Popular But Isn’t Always Easy: QuickTakeLarge tax increases on the rich have been a key topic in the 2020 Democratic primary as candidates have looked for proposals that would lessen inequality and raise lots of revenue to pay for expensive social programs, such as expanded health care and free college tuition.The economists released an interactive website Sunday that lets users select different tax rates to see how levies on various income groups are increasing. Saez and Zucman are also releasing a book on Tuesday, “The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay,” making the case for large tax increases on top earners.All major Democratic candidates have called for higher taxes on the wealthy, including raising the income tax rates or increasing levies on capital gain income. Sanders, Warren and Senator Kamala Harris have also floated levies on stock and bond trades.Taxes on the wealthy have historically been popular with voters. For decades a majority of polls have shown that people think the wealthy pay too little in taxes. Gallup found in April that 62% of people say that “upper-income” individuals pay too little in taxes.To contact the reporters on this story: Rich Miller in Washington at firstname.lastname@example.org;Laura Davison in Washington at email@example.comTo contact the editors responsible for this story: Wendy Benjaminson at firstname.lastname@example.org, Ros KrasnyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
| Patriots coach Bill Belichick's patience ran thin. He walked off after fielding seven questions about Antonio Brown's off-the-field issues. "I'm good," he said. "Thank you." |
|Southern California wildfires burning unchecked ||Sources: Yanks' German won't pitch again in '19 |
Gusting winds fueling a fast-moving wildfire in southern California showed no signs of abating Saturday as a blaze that forced the evacuation of some 100,000 people kept burning out of control. A red flag warning of critical fire danger -- strong winds and very low humidity -- has been extended into the weekend, the National Weather Service said. Firefighters said people have taken evacuation orders seriously in the so-called Saddleridge fire burning in the San Fernando Valley area of greater Los Angeles.
| Right-hander Domingo German will miss both the rest of the regular season and the postseason following his placement on administrative leave, sources told ESPN's Buster Olney. |
|China reports new African swine fever outbreak in northwest province ||Flame out: NFL field pyrotechnics get brief ban |
The virus, fatal to pigs but not contagious to human beings, has significantly slashed pig output in the world's largest herd since the deadly disease was first detected in August last year. China has reported such outbreaks in all its provinces on the mainland, as well as in Hong Kong and Hainan island in the south.
| The NFL has placed a temporary ban on all flame effects and pyrotechnics used on its playing fields as it investigates a fire at the Tennessee Titans' Nissan Stadium in Week 2. |
|Trudeau appears at rally in bulletproof vest after unspecified ‘security threat’ ||DC floats Lamar-Mahomes as next Peyton-Brady |
Justin Trudeau donned a bulletproof vest to speak at an election rally on Saturday night after an unspecified security threat.Accompanied by a heavy security detail, the Canadian prime minister took to the stage 90 minutes late to deliver his speech to about 2,000 supporters ahead of the 21 October vote.
| Ravens defensive coordinator Don "Wink" Martindale is looking forward to Sunday's showdown between Lamar Jackson and Patrick Mahomes, saying it could be sports' next great rivalry, a la Tom Brady and Peyton Manning or Muhammad Ali and Joe Frazier. |
South Africa Local News
South Africa Views and Opinions
Why U.S. Engagement Policy Is The Correct One
Invariably, when one thinks of the efficacy of a nationâ€™s military, the mindâ€™s eye is drawn to the ability of that country to deliver a \"warhead onto the forehead\" of their enemies. Indeed, owing to the Pentagonâ€™s slick packaging of the First Gulf War, modern conflict, in the American mind, became synonymous with high-tech toys, grainy videos of successful missile shots, and a quick resolution of hostilities.
Living Wages Are A Global Problem
The recent protests for an increased minimum wage are part of a larger global protest. The purpose is the same for low wage earners all over the world; increase wages to match the cost of living, and allow workers to form unions if desired and needed. The global protest has gained media attention all over the world, but critics claim that is the only accomplishment the movement will have.
Ukraine: Not What It Seems
After tense days of fighting this week, people in Ukraine are mourning the dead and celebrating the removal of President Victor Yanukovych from power. The final struggle that began on February 18, was the bloodiest endured by the protesters of Euromaidan. By February 22 the fighting was over.
In a Five to Four Decision, Voting Just Got Harder
In a five to four decision along party lines, the Supreme Court ruled on the controversial Shelby County v. Holder case. The ruling, believed by many sets the nation back decades in Civil Rights, while others see it as the fault of Congress dropping the ball on updating the act when it should have years ago.
Coup Or Civil War In Egypt
The day after new protests erupted in Egypt the military in a show of support presented an ultimatum to Mohamed Morsi and the Muslim Brotherhood-led government. Morsi was to step down from power and meet all of the demands of the Egyptian people, or face being removed by the military on Wednesday. As the ultimatum deadline draws closer in Egypt, Morsi refuses to leave, insisting that parliamentary elections are needed before he should be removed, and that he doesn't have permission from the United States to remove himself from power. Most recently he stated he will pay with his life to preserve the sanctity of the ballot box.