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Let’s get creative with existing taxes to fix housing crisis | Op-Ed

“Why not put a tax on real estate sales that sellers pay into a separate, dedicated fund to develop affordable housing?” writes Special To The for seattletimes.com. We were glad to see the Seattle City Council scrap its ill-advised head tax on jobs to address the growing homelessness and housing crisis.A county that keeps $10 million annually could potentially bond that to secure $100 million toward creating affordable housing.Similarly, why not expand the construction budget commitment and add a public-private matching grant program to rapidly develop affordable housing and job-training…

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News Stocks 

Stocks end slightly lower as traders shrug off trade talk

“That helped banks because bond yields are used to set interest rates on many kinds of loans including mortgages” writes Marley Jay for seattletimes.com. Stocks wobbled all week as investors reacted to solid company results as well as heightened trade tensions.NEW YORK (AP) — U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends.Companies including Microsoft and Honeywell rose as investors were pleased with their quarterly reports, but General Electric stumbled.Investors have worried that the trade war and other…

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Amazon, Toyota, Alcoa and others working to counter Trump’s tariff plans

“Seattle-based Amazon is concerned such tariffs would hit shoppers during the crucial holiday shopping season, the person familiar with the matter said” writes Midwest Communications Inc for 95kqds.com. Alcoa said this week it will incur as much as $14 million a month in extra expenses, mainly from tariffs levied on aluminum imported from Canada, its biggest supplier. Apple Inc won guarantees from the Trump administration that its lucrative iPhones would ship from China without being subject to tariffs, the New York Times reported last month.Lobbying administration officials and members of…

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Ohio governor commutes death sentence after ex-juror sought reprieve

“Clemency has been granted in 288 cases since the U.S. Supreme Court reinstated the death penalty in 1976 with the bulk coming from states that eventually repealed the death penalty, according to the non-profit Death Penalty Information Center, which monitors U.S. capital punishment” writes Midwest Communications Inc for 95kqds.com. Tibbetts’ death sentence was fundamentally unreliable,” he said in a statement.Geiger said Tibbetts deserves to be in prison but based on what he knows today, “I would not have recommended the death penalty.”. (Reuters) – Ohio Governor John Kasich on Friday…

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Home Run Inn Pizza’s Joe Perrino dies—saw city as ‘pizza capital of the world’

“By 2017, Joe Perrino had helped turn Home Run Inn into an $80 million-per-year business, with nine Chicago-area restaurants and frozen pizzas sold in 35 states” writes Mitchell Armentrout for suntimes.com. Perrino’s son Nick joined the family business, as did his daughters Gina Bolger and Renee Perrino-Storie.Perrino took over the family business in 1990 after the death of his father Nick, who was the son-in-law of Mary and Vincent Grittani.Perrino said then. “I asked them a lot of questions about father-and-son business because I worked with my father.” Mr. Source: suntimes.com Share…

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Margaret Thatcher backed single market in draft Bruges speech

“Margaret Thatcher was not a proto-Brexiter but an enthusiastic supporter of the single market, according to draft versions of her celebrated 1988 Bruges speech” writes Owen Bowcott for theguardian.com. In her hand-drafted New Year message at the end of 1988, Thatcher reflected on the country’s achievements, including “progress towards the single market in Europe within the framework of the future which was set out in the speech at Bruges”.But papers made available on Saturday by the Margaret Thatcher Foundation 30 years after its delivery demonstrate that she was looking forward…

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A federal court slammed the Environmental Protection Agency on Friday for ignoring the high cost of ethanol credits in denying a small family-owned oil refiner’s petition for relief from the agency’s renewable fuel program.

“A federal court slammed the Environmental Protection Agency on Friday for ignoring the high cost of ethanol credits in denying a small family-owned oil refiner’s petition for relief from the agency’s renewable fuel program” writes Ap Photo Nati for washingtonexaminer.com. The court canceled EPA’s 2016 decision to deny Ergon’s petition for a waiver from the ethanol mandate, ordering the agency to redo its analysis.EPA “failed to properly address” the costs incurred by the West Virginia-based refiner regarding the high cost of Renewable Identification Number credits it must buy to comply…

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NBA trade rumors: Raptors looking to shed salary after acquiring Kawhi…

“Leonard reportedly demanded a trade out of San Antonio after he had a tense relationship with the team during his rehab process” reports sportingnews.com. Toronto is now looking to make a trade in an effort to cut salary, according to a report from ESPN. The report did not specify which players the Raptors could look to move. Source: sportingnews.com Share This:

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NBA free agency rumors: Former Knicks forward Michael Beasley signing…

“Los Angeles has agreed to a one-year, $3.5 million contract with Michael Beasley, according to a report from ESPN. The 29-year-old forward spent last season with the Knicks” reports sportingnews.com. He’s also played for the Timberwolves, Suns, Rockets and Bucks during his 10 seasons in the NBA. LeBron James announced he was leaving the Cavaliers and signing a four-year, $154 million contract with the Lakers when free agency began July 1. Source: sportingnews.com Share This:

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