Trump, Cabinet could avoid millions in taxes thanks to this little-known law
President-elect Donald Trump’s ultra-wealthy Cabinet nominees will be able to avoid paying millions of dollars in taxes in the coming weeks when they sell some of their holdings to avoid conflicts of interest in their new positions. The tax advantage will allow Trump officials, forced by ethics laws to sell certain assets, to defer the weighty tax bills they would otherwise owe on the profits from selling stock and other holdings. The benefit is one of the more subtle ways that the millionaires..>> view originalPanel urges better cybersecurity to President-elect Trump
FILE - In this Feb. 17, 2016, file photo, President Barack Obama, joined by from left, Commerce Secretary Penny Pritzker, former IBM CEO Sam Palmisano, former National Security Adviser Tom Donilon, and Homeland Security Secretary Jeh Johnson, talks to ...>> view originalSan Bernardino terror attack remembered by city
SAN BERNARDINO, Calif. – Exactly a year to the moment that a pair of shooters unleashed a terrorist attack on San Bernardino, a bell rang 14 times Friday at the city's Inland Regional Center in honor of the people who died there. "We will never forget that day or the victims of this senseless act of violence. We strive to move forward and search for the good that is in us all," said Lavinia Johnson, the center's executive director. During the ceremony outside the center, employees of nearby bu..>> view original1 dead - possibly faculty member - in stabbing at USC, officials say - KABC
EXPOSITION PARK (KABC) -- A psychology professor was killed in a stabbing at the University of Southern California and a student is in custody, police said.The school identified the professor as Bosco S. Tjan, who has been affiliated with USC since 2001."As the Trojan Family mourns Professor Tjan's untimely passing, we will keep his family in our thoughts," university president C.L. Max Nikias wrote to the USC community.Tjan was described as an expert in perception, vision and vision cognition. ..>> view originalGatlinburg Residents Return Home to Wildfire Destruction
Photo Bobby Bilk outside his apartment and car, which were destroyed by the wildfire. Credit Mike Belleme for The New York Times GATLINBURG, Tenn. — The annual Fantasy of Lights Christmas Parade had been canceled — the wildfire saw to that — and the procession that replaced it Friday was long and grim.The residents of Gatlinburg sat idling in their cars and trucks in the chill of a mountain morning, waiting to return to the little tourist city they had been forced to ev..>> view originalJuror refuses to convict ex-cop Slager in death of Walter Scott
A lone juror nearly caused a mistrial Friday in the South Carolina murder trial of Michael Slager, a white ex-cop caught on video gunning down an unarmed black man in 2015. The jury of 11 whites and one black man went through three days of ...>> view originalAlleged shooter in death of Joe McKnight released, not charged
The shooting death of former USC Trojans and New York Jets running back Joe McKnight in a New Orleans suburb was a "road rage" incident that started on a nearby bridge, a sheriff said Friday, as he urged against a rush to judgment and defended his handling of the case as the alleged shooter was released overnight.McKnight was shot and killed Thursday afternoon in the community of Terrytown, just across the Mississippi River from New Orleans. Authorities have identified 54-year-old Ronald Gasser,..>> view originalClinton allies plot anti-Trump movement
Clinton allies plot anti-Trump movement ‘We’re going to throw everything at him that he threw at us,’ said one longtime Democratic operative. By Glenn Thrush and Nolan D. McCaskill 12/02/16 07:50 AM EST Updated 12/02/16 03:16 PM EST After most campaigns the combatants share cocktails and swap war stories — but the bitter 2016 battle for the White House is turning into a forever war with Hillary Clinton’s..>> view originalPolitics|Question Facing Keith Ellison: Could He Lead DNC as Part-Timer?
DENVER — Representative Keith Ellison of Minnesota, whose pursuit of the chairmanship of the beleaguered Democratic National Committee has drawn growing skepticism over his views on Israel, faced questions of a less incendiary sort at a party forum on Friday: Could he do the job as a part-timer?As the gathering began, Howard Dean, a former committee chairman who had been Mr. Ellison’s most prominent rival, announced that he was withdrawing his bid. But before making that announcement via video ..>> view originalShowdown Looms at Dakota Access Pipeline Protest as Vets, Civil Rights Observers Converge Before Evacuation ...
There may be a looming showdown in the coming days in the already contentious demonstrations in North Dakota against the Dakota Access Pipeline. Local authorities have issued a mandatory evacuation order for the site near the Standing Rock Sioux ...>> view original
Monday, December 12, 2016
Trump, Cabinet could avoid millions in taxes thanks to this little-known law and other top stories.
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