Money online – Runescape 2 Gold Sale http://www.runescape2goldsale.com/ Thu, 22 Jul 2021 03:52:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.runescape2goldsale.com/wp-content/uploads/2021/06/cropped-icon-98-32x32.png Money online – Runescape 2 Gold Sale http://www.runescape2goldsale.com/ 32 32 Here’s how Fairfield plans to use its federal relief money https://www.runescape2goldsale.com/heres-how-fairfield-plans-to-use-its-federal-relief-money/ Wed, 21 Jul 2021 21:40:41 +0000 https://www.runescape2goldsale.com/heres-how-fairfield-plans-to-use-its-federal-relief-money/ FAIRFIELD – Police training and equipment, flood mitigation projects, and helping residents still grappling with the effects of the pandemic are among the ways city officials are considering using the federal allocation $ 24.8 million relief effort from Fairfield. Officials recently presented the possibilities to the city’s three governing bodies and will now be collecting […]]]>

FAIRFIELD – Police training and equipment, flood mitigation projects, and helping residents still grappling with the effects of the pandemic are among the ways city officials are considering using the federal allocation $ 24.8 million relief effort from Fairfield.

Officials recently presented the possibilities to the city’s three governing bodies and will now be collecting public comment until August. A finalized plan will then be voted on in September.

“Obviously, there is a lot of excitement about our city receiving this level of funding from the federal government. This is obviously a gift for our city, ”said First Selectwoman Brenda Kupchick. “There was a lot of talk and still [while] In reviewing the projects, we took into consideration some things that they are ready to go, could be completed within the timeframe set by federal guidelines, and could affect just about a large percentage of our community. .


The six main areas of interest chosen by Fairfield were mental health and social services; economic development; public security; environment; quality of life; and city upgrading and infrastructure, with the largest lump sum going to the Fairfield Police Department at $ 3.7 million.

The American Relief Plan requires that the money be used for a wide variety of government services. Kupchick said the city plans to check off all areas.


Police

Axon Technologies’ Fairfield Police Department’s $ 3.7 million training and equipment package is the largest proposal being considered. The set includes hardware, software, accessories, training programs, customer support, equipment updates, body cameras, dash cameras and stun guns over a period of 10 years.

Kupchick said this element is very important for public safety and law enforcement in light of legislative changes and an increased need for the police service.

Police chief Robert Kalamaras said the purchase would help improve the department’s accountability and credibility with the public.

“This will obviously allow us to better connect with people in our community to call for service and help the police department handle calls in the most effective and efficient manner possible,” he said.

Environment

The proposal also includes several million dollars for environmental projects, including the Downtown Resilience Project, Perry’s Green Bulkhead and the Rooster River Detention Area.

City officials plan to use $ 1 million to repair the bulkhead system located at Perry’s Green Park in South Harbor.

The project will replace the existing partition with a new partition that will protect the surrounding park from erosion, prevent sinkholes and remove a potentially dangerous structure. The timber frames and steel bulkhead are estimated to be at least 55 years old and have deteriorated beyond repair, creating a dangerous situation, officials said.

Just over $ 1.4 million will go to the Downtown Resilience Project, which will use and install “green” infrastructure to mitigate flooding and downtown resilience.

In an effort to stop the flooding in another neighborhood in Fairfield, just over $ 3.2 million will be spent on the Rooster River detention area, which Kupchick called “the obvious.”

“It’s a long-standing problem in our city, combined with Bridgeport and Trumbull, but we’ve seen significant flooding,” Kupchick said. “In 2006, 2007 and 2018, businesses and homes were really devastated during these floods. “

Fairfield will also commit $ 1 million towards the remediation of the backfill piles.

“As we are all very aware that we have already spent millions of dollars and we are aware that we will be spending a lot more than that before we are finally at the end of this cleanup effort,” Kupchick said.

Mental health and social services

Fairfield officials are also looking to provide assistance to residents still struggling with the pandemic.

The city previously set up a COVID-19 relief fund to provide limited assistance to residents severely affected by the pandemic. Now the city has focused on helping the community recover by establishing the COVID-19 Recovery Fund.

The Stimulus Fund provides financial assistance to individuals and families in Fairfield who are unable to meet their basic household needs, such as mortgage, auto expenses, utilities and food due to the economic disruption caused by COVID-19. The city will contribute $ 200,000 to the fund, as well as $ 150,000 for Operation Hope, Lifebridge Community Services and The Child and Family Guidance Center.

“What we are seeing now is that relief from COVID-19 is waning and unemployment is going to end,” said Julie DeMarco, director of social services. “People who will no longer receive stimuli start to be stressed and basic needs are expensive. “

She said social workers are seeing increased demand.

“So it’s very, very exciting and it’s a good thing for the city to be able to do that,” said DeMarco.

Other projects

Over a dozen other projects complete the list, including $ 500,000 for further renovations to the fire hall, $ 700,000 for sidewalks, $ 25,000 for the Burr Historical Gardens, $ 923,000 for renovations and playground improvements, $ 100,000 to renovate the Jenning’s Beach dealership, $ 230,000 for golf course maintenance, as well as $ 940,000 to replace the city’s fleet with electric and hybrid vehicles and add charging stations.

Approximately $ 850,000 would go towards upgrades to the Bigelow Center and an additional $ 100,000 for a deck or patio at the senior center.

The list also includes $ 450,000 for a stage and public washroom at the Fairfield Museum, $ 1 million to repair the schools heating, ventilation and air conditioning system, $ 400,000 for hybrid meeting technology, 2.7 million dollars for the city’s fiber optic network and schools, $ 1 million for traffic lights and $ 3 million for paving.

The city plans to hire a diversity and inclusion consultant for $ 75,000, as well as another consultant, also for $ 75,000, to ensure the city is in compliance with the Americans with Disabilities Act.

A sum of $ 200,000 will be used to repair infrastructure and $ 175,000 for economic development.


Source link

]]>
Critics target charitable money in donor funds | national https://www.runescape2goldsale.com/critics-target-charitable-money-in-donor-funds-national/ Tue, 20 Jul 2021 16:16:25 +0000 https://www.runescape2goldsale.com/critics-target-charitable-money-in-donor-funds-national/ Wealthy philanthropists have long enjoyed a beneficial way to give to charity: By using what’s called a donor-advised fund, they were able to enjoy tax deductions and investment gains on their donations long before. to give the money. These so-called DAFs do not set any deadline by which donations must reach charities; the donors themselves […]]]>

Wealthy philanthropists have long enjoyed a beneficial way to give to charity: By using what’s called a donor-advised fund, they were able to enjoy tax deductions and investment gains on their donations long before. to give the money.

These so-called DAFs do not set any deadline by which donations must reach charities; the donors themselves decide when and where the money goes.

Critics complain that because CFOs provide no financial incentive to donate money quickly, much of it ends up staying in the accounts indefinitely rather than being distributed to charities in need.

Get more from the Citrus County Chronicle

This criticism helped drive a Senate bill that would tighten CFO rules and seek to speed up donations to charities. The bill, presented by Sens. Angus King, an independent from Maine, and Chuck Grassley, a Republican from Iowa, appear to be gaining bipartisan support in Congress.

The bill would bring many reforms to CFOs by creating, among other things, new categories of accounts.

One type of account would give donors an immediate tax deduction for the money they agree to donate to a charity within 15 years.

The second type would allow them to delay the distribution of their money for 50 years. These donors would not get any tax deductions by then. But they would still benefit from capital gains and inheritance tax savings by donating shares or gifts to a DAF.

CFOs sponsored by community foundations with less than $ 1 million would be exempt from the requirement. But donors with more than $ 1 million in such accounts would only be eligible for initial tax benefits if they distributed at least 5% of their assets each year or donated their money to a charity within 15 years. . Under current legislation, assets can remain in a DAF indefinitely, tax-free.

“This is pretty much a bill as sane as I’ve ever seen,” said King, who caucus with Democrats.

“The idea of ​​getting a tax deduction today for money that may not be paid for 50 years does not make sense,” added the senator. “I understand you might want to put it in a fund and have it managed by someone else.” But he must be released within a reasonable time. Otherwise, it is an abuse of the tax code.

The proposed reforms have opened a divide in philanthropic circles among billionaire donors, community foundations and professional associations and sparked intense lobbying efforts both for and against the legislation.

The debate was sparked when John Arnold, a Texas-based billionaire who made his fortune in hedge funds and now co-chairs Arnold Ventures, joined a group of academics and philanthropists to propose a package of reforms under the of a coalition they called The Initiative to Accelerate Charitable Giving. The group met with lawmakers to advocate for the reforms, which were largely incorporated into the Senate bill.

What sparked Arnold’s interest, he said, was seeing wealthy people with philanthropic intent funneling money into CFOs while giving very little to charity.

“The money was right there to grow,” said Arnold. “There was no intention to abuse the system. But the money was only piling up because there was no forcing mechanism. “

Opponents of the bill retort that tighter restrictions on CFOs are unnecessary, as average annual payout rates for CFOs hover around 20%, well above the 5% minimum required of private foundations. Richard Graber, who heads the Conservative Bradley Foundation, calls the legislation “a solution in search of a problem.” (The foundation is affiliated with the Bradley Impact Fund, a DAF sponsor).

Yet without payment requirements, supporters of the legislation claim that the CFOs – which hold around $ 142 billion in the United States – have essentially become warehouses for charitable donations. Accounts allow donors to create endowed accounts that exist in perpetuity and can be passed on to their heirs.

A June report from the Council of Michigan Foundations showed that 35% of CAFs sponsored by Michigan community foundations did not distribute any money in 2020, a year marked by enormous need due to the viral pandemic.

Today, it is estimated that about 1 in 8 charitable dollars goes to CFOs. The New York Community Trust, a community foundation, established the first DAF in 1931. Their use accelerated in the 1990s, when Fidelity Charitable launched a national donor-advised fund program. The charitable branches of many financial companies, including Vanguard Charitable and Schwab Charitable, now run strong DAF programs.

Community foundations, as well as universities, hospitals, faith groups and large charities like United Way also sponsor CFOs. Collectively, they represent 300% growth in DAF accounts over the past 10 years, according to the National Philanthropic Trust.

Eileen Heisman, who heads the Philanthropic Trust, notes the ease of opening a DAF account online, the emergence of workplace charitable giving accounts and the low initial minimum contributions. Indeed, Fidelity and Schwab do not require any upfront contribution to open a DAF account, Heisman noted, turning it into a financial vehicle that anyone can use. Yet the average value of a DAF account – estimated at around $ 162,000 – shows that DAFs remain a vehicle primarily for the wealthy.

The Senate bill was developed with advice from Ray Madoff, a Boston College law professor who, alongside Arnold, called for stricter DAF rules. Madoff and a colleague published a study in May that showed active charities lost $ 300 billion in contributions over a five-year period as more people channeled their donations through CFOs and private foundations instead. than directly to charities.

The Philanthropy Roundtable, a conservative-leaning group that opposes payment requirements for CFOs, disputes these findings. Its president, Elise Westhoff, says “more mandates and regulations on giving will make it harder for all Americans to support the causes they care about.”

Supporters of the bill, including William Schambra, a philanthropy expert at the conservative Hudson Institute, say much of the pullback reflects a financial incentive that DAF sponsors want to preserve: the fees they charge for managing accounts.

Some community foundation leaders agree.

“The business models of community foundations are based on asset management,” said Paul Major, CEO of the Colorado-based Telluride Foundation. “They charge a fee and that’s how they fund their operations. If they have less money to manage, they earn less.

“But the goal of charitable giving isn’t to manage more money,” Major said. “The goal is to make the money work. “

Other experts agree on the need to master CFOs but favor a different approach. Edward A. Zelinsky, professor at the Benjamin N. Cardozo School of Law at Yeshiva University, says creating a minimum annual contribution requirement for all CFOs would more effectively accelerate giving to charities.

Some community foundations say they think the bill is unnecessary because their organizations already have policies that encourage faster payments. Jeff Hamond, who oversees a coalition of 130 community foundations, argues that the legislation would increase the financial burden on community foundations, requiring them to track every donation.

“For every kind of extra cost you put on a community foundation,” Hamond said, “you’re actually driving more people to Fidelity, Vanguard, and Schwab.”

The Senate bill would also prohibit donors from claiming tax benefits for complex donations – like real estate – that exceed the value of the donation. It would also encourage private foundations to increase their disbursements to 7% and prevent them from meeting their disbursement requirements by paying salaries or other expenses for relatives or donating to CFOs.

The Senate bill was referred to the finance committee, although a vote was not expected. A spokesperson for the king’s office said the senator expects a bipartisan version of the bill to be presented in the coming weeks.

“I haven’t met anyone yet to whom I’ve described him,” King said, “who does more than say, ‘Why didn’t we do this a long time ago? “”

The Associated Press receives support from the Lilly Endowment for coverage of philanthropy and nonprofit organizations. The AP is solely responsible for all content. For all of AP’s philanthropic coverage, visit https://apnews.com/hub/philanthropy.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


Source link

]]>
Money Tracking: City to Consider How to Use $ 3,049,921 | New https://www.runescape2goldsale.com/money-tracking-city-to-consider-how-to-use-3049921-new/ Tue, 20 Jul 2021 00:00:00 +0000 https://www.runescape2goldsale.com/money-tracking-city-to-consider-how-to-use-3049921-new/ Under funding from the American Rescue Plan Act (ARPA) promulgated by Congress and signed by President Biden, Oregon’s share is approximately $ 4.2 billion. Funds are allocated on a per capita basis to each city / county. St. Helens receives $ 3,049,921.17 through the formula. The amount is estimated by the League of Oregon Cities […]]]>

Under funding from the American Rescue Plan Act (ARPA) promulgated by Congress and signed by President Biden, Oregon’s share is approximately $ 4.2 billion. Funds are allocated on a per capita basis to each city / county.

St. Helens receives $ 3,049,921.17 through the formula. The amount is estimated by the League of Oregon Cities to be used for planning purposes.






City of St. Helens officials are expected to receive a report on Wednesday on how to use the $ 3,049,921.17 as part of the American Rescue Plan Act.




During its regular 1 p.m. business meeting on Wednesday, July 21, St. Helens City Council is expected to receive a staff report on how this federal money can be used.

What would the money be used for in St. Helens

The attachment shows the proposed uses of the funds in St. Helens, which include $ 755,000 for the administrative assistant of the city’s parks and recreation, and a specialist in programs, parks and buildings renovations and activities of the municipal library, including staff and programs.

Funding would also include $ 140,000 for Main Street coordination and small business center assistance and $ 945,000 for the city’s general fund.

The proposal would also use $ 1,210,000 for the development of an industrial business park, water and sewer infrastructure, a computer specialist and a broadband study.

The money is to be used in eligible categories related to COVID-19 response and recovery for the period from March 3, 2021 to December 31, 2024.

  • Support public health spending: Fund COVID-19 mitigation efforts, medical spending, behavioral health care, and some public health and safety staff.
  • Address the negative economic impacts caused by the public health emergency: economic harm to workers, households, small businesses, non-profit organizations, affected industries, children and families, and the public sector.
  • Replacing lost public sector revenues: providing government services to the extent of the reduction in revenues suffered as a result of the pandemic.
  • Offer a wage premium to essential workers: offer additional support to those who have and will bear the greatest health risks as a result of their service in critical infrastructure sectors.
  • Investing in water, sewerage and broadband infrastructure: investments to improve access to potable water, support vital infrastructure for wastewater and stormwater, and expand broadband Internet access bandaged.
  • Reduction of taxes by legislative, regulatory or administrative means.
  • Deposits in pension funds.
  • Payments of outstanding debt or costs associated with issuing new debt.
  • Payments of settlements or judgments.
  • Replenishment of the rainy day fund.

St. Helens City Council meets at 1 pm on Wednesday July 21 at St. Helens Town Hall, 265 Strand Street in St. Helens.


Source link

]]>
House Republicans close financial gap with majority at stake https://www.runescape2goldsale.com/house-republicans-close-financial-gap-with-majority-at-stake/ Fri, 16 Jul 2021 22:28:35 +0000 https://www.runescape2goldsale.com/house-republicans-close-financial-gap-with-majority-at-stake/ “Our leaders are setting records. And our members – especially these freshmen – you have these reports of $ 500,000 to $ 1 million that come out just a few years after a big report for Republicans was usually around. $ 250,000, ”said Representative Tom Emmer. (R-Minn.), Chairman of the Republican National Congressional Committee. The […]]]>

“Our leaders are setting records. And our members – especially these freshmen – you have these reports of $ 500,000 to $ 1 million that come out just a few years after a big report for Republicans was usually around. $ 250,000, ”said Representative Tom Emmer. (R-Minn.), Chairman of the Republican National Congressional Committee.

The GOP had prolific fundraisers last quarter: Reps Young Kim (R-Calif.) And Brian Fitzpatrick (R-Pa.) Both raised $ 1 million. Representatives Nancy Mace (RS.C.), Lauren Boebert (R-Colo.) And Ashley Hinson (R-Iowa) raised over $ 850,000. All but Fitzpatrick are members of the 2020 freshman class.

Granted, House Democrats still post massive quarterly totals. And the redistribution process makes it more difficult to know which incumbents will need large war treasures. But Republicans see a new wave of financial support in the dead year and, as Democrats realized in 2018, this is often one of the first signs of grassroots enthusiasm and successful momentum. for the majority.

“In 2018, we put a big emphasis on candidate development, candidate money and giving candidates the opportunity to come out and tell their stories,” said Dan Sena, the former executive director of the Democratic Congressional Campaign Committee. “It was one of the main reasons we were able to reclaim the House.”

“What should be important for Democratic strategists and Democratic campaigns to come is that it now looks like Republicans are doing the same,” Sena added.

Another sign of the GOP’s momentum: The Republican Congressional National Committee has overtaken the Democratic Congressional Campaign Committee in fundraising, topping the DCCC by $ 8 million in the first six months of 2021. Stage of the 2020 cycle, House Democrats had overtaken Republicans by more than $ 17. million.

The NRCC attributes this success, in part, to their painstaking and long-term work efforts to build a digital operation.

In interviews, Emmer often remembers a moment in early 2019 when one of the committee’s top digital strategists wrote him a note, urging him to invest heavily in a small fundraiser. This strategist, Lyman Munschauer, predicted that the NRCC would suffer a net loss on this investment 3 to 5 percent after a year before reaping gains.

But the benefits came even faster: the NRCC started making money within a year, and it kept pouring in.

In the second quarter of 2019, NRC raised $ 3.3 million online. During the same period this year, he raised over $ 14.1 million.

“This time we’re even more aggressive,” Emmer said. “Yes, this investment is paying off.”

Meanwhile, WinRed, the GOP’s online fundraising platform created to counter Democrats’ ActBlue, has taken off at a similar pace, grossing $ 2.3 billion since its inception in 2019.

“Your average Democrat running is now all about digital money,” said WinRed Chairman Gerrit Lansing, noting that ActBlue was founded in 2004. “We just need to finish this 15-year cultural shift and the condense in a few cycles. to try to catch up. “

For the GOP, this windfall comes at a crucial time. When corporate PACs announced they would cut their donations after the Jan.6 uprising, there was some concern that would disproportionately impact Republicans, who sometimes rely more on donations.

“We’re all online now,” Lansing said of his party. The change happened years ago, but the “fruits of that work are really paying off now. And it just happens to coincide with this huge cage rattling situation of the PAC companies. So it’s ironic. . “

Perhaps more importantly, WinRed has helped Republicans redirect wealth to new candidates, especially ballots. Of the $ 131 million raised on the platform in the second quarter, nearly 40 percent of that came from new donors to a single campaign.

Some of the party’s most skilled fundraisers are able to push their supporters towards other candidates. For example, Representative Elise Stefanik (RN.Y.), who has raised over $ 1 million each quarter since rising to prominence in Trump’s first impeachment trial, shared 150,000 donors. since the start of the 2020 cycle.

All of this has boosted a leading Republican mentality that has long prevailed in the Democratic political ecosystem, which some GOP members attribute to their current freshman class, which is younger, more tech-savvy, and less accustomed to. in person. fundraising than longer term holders.

“We started building our digital program early on,” said Hinson, who was a TV news anchor at Cedar Rapids before changing seats in 2020. “I love doing digital fundraisers. person directly to the camera. “

Filming ads online has helped her connect with voters and donors, Hinson said. “We use Facebook Ads a lot for our digital fundraiser, and we have great feedback from the comment sections of those ads.”

And like the NRCC, GOP campaigns seem to be getting more comfortable with spending money to do so. Hinson, along with some of the party’s biggest fundraisers like Kim, Steel and Mace, spent well over $ 300,000 in the last quarter – more than is typical a year and a half before the election.

All have made significant investments in fundraising consulting, digital marketing and web advertising, according to their FEC reports.

Still, Democratic incumbents retain a significant cash advantage, especially those like Reps Josh Harder (D-Calif.), Mikie Sherrill (DN.J.) and Antonio Delgado (DN.Y.), who don’t have not faced. particularly competitive re-elections in 2020 and have well over $ 4 million in the bank. Rep. Katie Porter (D-Calif.) Has racked up $ 12.9 million.

And some agents have been privately relieved by the flicks of some highly touted Republican challengers. GOP State Senator Jen Kiggans of Virginia raised just $ 286,000 for her race against Rep. Elaine Luria (D-Va.). And Navy veteran Tyler Kistner only raised $ 279,000 for his rematch with Rep. Angie Craig (D-Minn.) Although those challengers weren’t launched until mid-April, the two holders have lifted well more than twice as much.

Yet some of the money has also started to flow to the GOP challengers. Republican Derrick Van Orden topped incumbent Ron Kind in Wisconsin by $ 754,000 to $ 409,000.

Over the next few quarters, however, Republicans face an additional hurdle: attracting potential challengers who are dragging their feet, waiting for the delayed redistribution process to begin.

“I hope more candidates will come forward soon and not wait for a new district lines, ”said Dan Conston, president of the Congressional Leadership Fund, a GOP super PAC. “Because this compressed schedule is going to present a big challenge for them for online fundraising and for raising big dollars fundraising. “


Source link

]]>
Bolivian parents return to class to help their children study online https://www.runescape2goldsale.com/bolivian-parents-return-to-class-to-help-their-children-study-online/ Thu, 15 Jul 2021 09:08:00 +0000 https://www.runescape2goldsale.com/bolivian-parents-return-to-class-to-help-their-children-study-online/ EL ALTO, Bolivia, July 14 (Reuters) – When the COVID-19 outbreak closed their sons’ school, Bolivian street vendors Angela Poma and Lorenzo Gutierrez made big changes to help their boys Willy, 9 years old, and Carlos, 11 years old, to adapt to online learning. Going online forced the family to buy cell phones and relocate […]]]>

EL ALTO, Bolivia, July 14 (Reuters) – When the COVID-19 outbreak closed their sons’ school, Bolivian street vendors Angela Poma and Lorenzo Gutierrez made big changes to help their boys Willy, 9 years old, and Carlos, 11 years old, to adapt to online learning.

Going online forced the family to buy cell phones and relocate from a rural area that only had a landline to the town of Viacha, 22 km (14 miles) southwest of La Paz. , where they could find better internet service.

However, parents, who spend up to $ 2 a day on the internet, weren’t sure how to use the new devices.

“I couldn’t even turn it on,” Poma said. “I had a phone just for calls and that’s it.”

Filling this knowledge gap, the Internet Foundation Bolivia helps families like the Gutierrez-Pomas by running classes for parents on how to use their smartphones and find the best internet packages so they can save money. money while their kids are studying online.

“Not all moms, dads or guardians are aware of the digital tools and platforms that exist for online learning,” said Esther Mamani, volunteer for the foundation.

Only about 4 in 10 people in the Andean country have internet access, falling to just 3% in the poorest rural areas, according to data from Bolivia’s Telecommunications Authority.

As Poma walks up to the front of the class to receive her certificate for completing the internet course, her classmates clap loudly and later there are smiles as everyone poses for a photo.

Now, the couple simply have to face the same problems of sharing and technological delays as other parents.

“The youngest uses the cell phone all morning and the oldest uses it from three to three and a half hours. Sometimes I see my children arguing over the cell phone when the battery starts to run out,” Poma said.

And, like other parents struggling with virtual-only lessons with their children around the world, she questions its effectiveness.

“I wish the face-to-face classes would start soon,” she said. “My kids don’t learn much with this virtual education system.”

Report by Reuters TV, written by Karishma Singh; Edited by Christian Schmollinger

Our standards: Thomson Reuters Trust Principles.


Source link

]]>
Who Should Collect Online Sales Taxes? | Open https://www.runescape2goldsale.com/who-should-collect-online-sales-taxes-open/ Tue, 13 Jul 2021 23:05:00 +0000 https://www.runescape2goldsale.com/who-should-collect-online-sales-taxes-open/ While 1% may not seem like a lot, if it’s 1% of $ 700 billion, that’s a lot of money for anyone not called Bezos, Gates, or Buffet. Californians spend about as much each year on taxable products, from chewing gum to earthmoving equipment, and sales taxes can be as high as 10%. It is […]]]>

While 1% may not seem like a lot, if it’s 1% of $ 700 billion, that’s a lot of money for anyone not called Bezos, Gates, or Buffet.

Californians spend about as much each year on taxable products, from chewing gum to earthmoving equipment, and sales taxes can be as high as 10%.

It is a major source of revenue for the state, overtaken only by income taxes, and a mainstay of city and county budgets, which are guaranteed a reduction of 1% or about $ 7 billion a year in unrestricted income.

The problem comes when the authorities allocate the 1% between these local governments.

For decades the local share has gone to the jurisdiction in which the sale took place, a doctrine known as “situs”. He encouraged local authorities to maximize retail outlets, such as auto centers and shopping malls, often using – or abusing – their redevelopment powers to subsidize income-generating developments.

The advent of internet shopping from online sites like eBay and digital powerhouses like Amazon has dramatically changed that. If a Californian orders a taxable item from Amazon or Walmart and has it shipped from a warehouse, who receives the local government’s share of the 1% sales tax?

This often falls to the buyer’s local government, but increasingly, large online sellers are making deals with the communities in which their warehouses are located. Sellers route all local sales taxes to these communities and then receive discounts on those taxes – up to 80% in some cases.

Two years ago Sen. Steve Glazer, a Democrat from Orinda and former mayor of this suburban community, passed a bill banning sales tax bribes, arguing that they unfairly deprive other local governments revenue.

However, Gov. Gavin Newsom vetoed Senate Bill 531, saying rebates are “an important local tool that captures additional economic activity, especially in rural and inland California towns that continue to generate economic growth. facing major economic challenges such as high unemployment rates “.

This year, Glazer is taking a softer approach with Senate Bill 792, which would require local tax sharing agreements to be disclosed. The bill has been approved by the Senate and is pending in the Assembly.

Meanwhile, rural counties are complaining that an online seller is trying to retroactively send sales taxes back to their warehouse sites rather than continuing to provide them to the communities where their customers live.

“This large online retailer has delivery vans that constantly crisscross our county and wear down our roads,” El Dorado County Auditor-Comptroller Joe Harn told county supervisors. “It is only fair and reasonable that our community receives tax revenue to compensate us. “

Harn could not identify the seller due to privacy laws, but his reference to delivery vans heavily alluded to Amazon, the country’s dominant online seller with more than a dozen warehouses, dubbed “centers. distribution ”, up and down the state.

Online sales had grown rapidly even before COVID-19 hit, but they exploded after Newsom issued stay-at-home orders to fight the pandemic and appear destined to grow even more as physical stores shrink. . Thus, the issue of sales tax allocation becomes even more pressing.

The sales tax itself is an anachronism, since it only applies to physical objects such as automobiles, appliances and clothing. It is also riddled with loopholes and excludes services that capture an ever-growing share of consumer spending. The sales tax allocation debate is just another anomaly.

He calls for a fundamental overhaul of the role of sales taxes in an ever-changing 21st century economy, but politicians on Capitol Hill have so far been reluctant to take on the chore.

Dan Walters has been a journalist for almost 60 years, spending most of those years working for California newspapers. He has written over 9,000 columns on California and its politics, and his column has appeared in many other California newspapers. He currently writes for CalMatters.org a non-profit, non-partisan media company explaining California politics and politics.


Source link

]]>
‘Take my money’, ‘Two future classics’ – Sheffield United fans react online after new 21/22 home shirt unveiled https://www.runescape2goldsale.com/take-my-money-two-future-classics-sheffield-united-fans-react-online-after-new-21-22-home-shirt-unveiled/ Mon, 12 Jul 2021 11:49:00 +0000 https://www.runescape2goldsale.com/take-my-money-two-future-classics-sheffield-united-fans-react-online-after-new-21-22-home-shirt-unveiled/ The shirt features a sleek black stripe, but the lack of stripes on the back and arms was a sticking point for some. Here’s how a selection of Blades fans reacted to the social media launch … Register now to our Sheffield United newsletter The newsletter i cut through the noise @ azzle94: Well Sheffield […]]]>

The shirt features a sleek black stripe, but the lack of stripes on the back and arms was a sticking point for some.

Here’s how a selection of Blades fans reacted to the social media launch …

Register now to our Sheffield United newsletter

The newsletter i cut through the noise

@ azzle94: Well Sheffield United are doing their best to make sure I don’t stick to my plan to save money after an expensive summer so far. Home and away kits are both other

@ DarrenBriggs22: I have to say United and adidas have caused a stir this season with our home and away kits. Two future classics there

@woseph: Oh my lord take my money

@TheBladette: Oh my word. It’s a beauty of a home shirt. United and adidas have broken it with this season’s kits

Billy Sharp and David McGoldrick in new home shirt (Sheffield United)

Billy Sharp and David McGoldrick in new home shirt (Sheffield United)

@MarkHowsham: Good but not great, the red back is better than the white but needs some stripes to be perfect.

@liannepip: I didn’t want a home and away shirt as much as I want this season’s one. Beautiful. It’s gonna cost me some money with the kids and everything

@BladesOli: Looks like we’ve learned the lessons from the last 2 kits. Especially the last few seasons might have to order both at home and away

@FreddyTheFud: Get ready for some record sales, boys and girls, this has got to be one of the best soccer jerseys I’ve ever seen!

@ Blade1889Tom: I already forgot the result last night after seeing this beauty. I can’t wait for the season to start !!

@DemBladesDavid: black stripes, all red back, championship winners 21/22

@GriftersUnited: The sponsorship logo looks better than I expected. I’m seriously tempted now that I’ve seen it

@ DarrenBriggs22: Best home and away combo in many years

@ Ianwoodruff1302: Not enough scratches not all on the back no from me


Source link

]]>
Meralco prices slightly up in July https://www.runescape2goldsale.com/meralco-prices-slightly-up-in-july/ Fri, 09 Jul 2021 03:05:31 +0000 https://www.runescape2goldsale.com/meralco-prices-slightly-up-in-july/ Manila Electric Co. (Meralco) on Friday announced a slight upward adjustment to its electricity rates in July due to the continued increase in the cost of electricity from the wholesale spot electricity market (WESM ). This is the fourth month in a row that Meralco has increased rates. In a notice, the electricity distributor said […]]]>

Manila Electric Co. (Meralco) on Friday announced a slight upward adjustment to its electricity rates in July due to the continued increase in the cost of electricity from the wholesale spot electricity market (WESM ).

This is the fourth month in a row that Meralco has increased rates.

In a notice, the electricity distributor said it was increasing its domestic tariff by 0.2353 P per kilowatt hour (/ kWh), bringing the overall tariff for the month to 8.9071 / kWh from 8.6718 / kWh in June.

The upward adjustment resulted in an increase of approximately 47 P in the total bill of a residential customer consuming 200 kWh.

The increase in electricity tariffs was “mainly the result of still high charges in the spot wholesale electricity market (WESM)”.

Nonetheless, Meralco said the July rate increase was tempered by the continued implementation of distribution rate adjustment reimbursement, which began in March.

The Energy Regulatory Commission tentatively approved the utility’s proposal to repay around 13.9 billion pesos over a 24-month period or until the amount is fully repaid.

The amount represents the difference between the actual weighted average tariff and the provisional average tariff approved by the ERC for distribution-related costs for the period July 2015 to November 2020.

For residential customers, the rebate rate is P0.2761 / kWh and appears on customer bills as a line called “Dist True-Up”.

Meanwhile, the production charge for July is 4.8707 P / kWh, an increase of 0.2536 P from 4.6171 P / kWh last month.

Meralco said WESM’s charges remained high at 8.7424 / kWh “due to tight supply conditions in the Luzon grid, exacerbated by Malampaya’s natural gas supply restriction.”

As a reminder, the Luzon grid was placed on red alert from May 31 to June 2 and on yellow alert on June 4 amid the unexpected shutdown of power plants, which reduced up to 4,000 megawatts (MW) of power. of the network.

In addition, Luzon’s demand reached 11,640 MW on May 28, the highest on record.

“As a result, WESM prices have been consistently high for long periods of time, nearly doubling the number of times the secondary price cap was imposed during the June supply month,” Meralco said.

The charges of independent power producers (IPP) also increased by 0.1929 / kWh.

“With the reduction in gas supply to Malampaya, the factories concerned have resorted to more expensive liquid fuels to keep operating and avoid longer or longer outages. costs, ”Meralco said.

On the other hand, the cost of electricity from electricity supply contracts (PSA) decreased by 0.0521 P / kWh.

Meralco said that WESM, IPP and PSA provided 7.8%, 39.5% and 52.7% of its energy requirements, respectively, this month.

Transportation charges for residential customers were reduced by 0.1463 / kWh due to a significant decrease in ancillary service charges.

Taxes and other charges registered an increase of 0.1280 P / kWh.

Meanwhile, the perception of the universal burden – environmental burden remains suspended, as reported by the ERC.

Meralco said its distribution, supply and metering costs remained unchanged for 72 months, following these reductions recorded in July 2015.

The company reiterated that it does not derive any income from passed on costs, such as production and transportation costs.

“The payment of generation costs goes to the electricity suppliers, while the payment of transmission costs goes to the National Grid Corp. from the Philippines. Taxes and other public interest charges such as universal fees and FIT-All are remitted to the government, ”he said. –KBK, GMA News


Source link

]]>
Blood Money Update Adds Multi-Stage Robbery Missions https://www.runescape2goldsale.com/blood-money-update-adds-multi-stage-robbery-missions/ Wed, 07 Jul 2021 16:01:49 +0000 https://www.runescape2goldsale.com/blood-money-update-adds-multi-stage-robbery-missions/ The world of Red Dead Online continues to expand as a new update arrives next week. Rockstar Games has announced that the new update, Red Dead Online: Blood Money will be released on July 13 and will bring a host of new features to Rockstar’s open world cowboy game, including what looks like Red’s take. […]]]>

The world of Red Dead Online continues to expand as a new update arrives next week. Rockstar Games has announced that the new update, Red Dead Online: Blood Money will be released on July 13 and will bring a host of new features to Rockstar’s open world cowboy game, including what looks like Red’s take. Dead Online on GTA Online Heists. .

In the latest edition of Rockstar News Wire, details on Red Dead Online’s next big update have been shared. The update focuses on the location of Saint Denis, where crime lord Guido Martelli enlists the help of players to search for a “valuable commodity” known as the Capital, which can turn the tide on the tax authorities, allowing your shady criminal activities to continue unabated. The Capital can be found on the bodies of enemies you’ve defeated, or hidden in chests across the open world.

You will collect Capital primarily through Crimes, a new game mechanic for the game. These are single player or multiplayer missions focused on performing completely illegal activities such as trainer heists, robberies. several stages, kidnappings and debt collection.

Once you have accumulated enough capital, Guido Martelli will come up with opportunities, activities that allow the player to interrupt the plans of a senator who is causing trouble for Martelli’s criminal family. To weaken the politician’s influence, players will need to hunt down and deliver the Three Jewels of the West to Martelli. The first opportunity is available from July 13, and two more will be added at later dates.

Opportunities will come with a variety of ways to complement them – “listen to nearby conversations or seek out important targets to uncover new avenues to completion,” the press release read. These activities resemble the Heists modes of Grand Theft Auto Online, giving the player a target and allowing them to determine how to reach the objective.

Along with the update is the Quick Draw Club, a series of purchasable online passes that earns the player new items, rewards and bonuses. Passes are purchased with the in-game currency of the gold bars, priced at 25 gold bars each. If you purchase all four passes consecutively as they are released, you will receive the Halloween Pass 2 for free.

Some quality of life improvements will also be added to the game, in response to player feedback, including the addition of previously released Satchel brochures for general sale since closing. These allowed players to travel quickly from a wild camp, and these were previously tied to players purchasing the Outlaw Pass. Popular Outlaw Pass items and clothing will also return to the game, including Marston’s outfit, The Clelland, Arthur Haraway’s outfit, Dedham outfit worn by Bill Williamson, and Javier’s The Zapatero outfit.

If you’re looking for more Red Dead action or looking to get started for the first time, Red Dead Redemption 2 has been confirmed to be joining PlayStation Now this month. And on PC, Red Dead Redemption 2 and Red Dead Online will get Nvidia DLSS support.


Liam Wiseman is a freelance news writer for IGN. You can follow him on Twitter @liamthewiseman



Source link

]]>
Juni, a ‘vertical’ neobank for e-commerce and online marketing companies, raises $ 21.5 million – TechCrunch https://www.runescape2goldsale.com/juni-a-vertical-neobank-for-e-commerce-and-online-marketing-companies-raises-21-5-million-techcrunch/ Wed, 07 Jul 2021 05:00:02 +0000 https://www.runescape2goldsale.com/juni-a-vertical-neobank-for-e-commerce-and-online-marketing-companies-raises-21-5-million-techcrunch/ E-commerce in Europe is expected to grow by 30% this year to reach $ 465 billion, and this gives birth to a new ecosystem of services designed to meet the needs of online merchants. In the latest development, June, a neobank designed specifically for businesses selling online, closed a $ 21.5 million Series A, just […]]]>

E-commerce in Europe is expected to grow by 30% this year to reach $ 465 billion, and this gives birth to a new ecosystem of services designed to meet the needs of online merchants. In the latest development, June, a neobank designed specifically for businesses selling online, closed a $ 21.5 million Series A, just 12 weeks after it officially opened.

Series A is co-directed by partners of DST Global and Felix Capital along with former backer Cherry Ventures and other early stage investors are also participating. Juni, based in Gothenburg, Sweden, had already raised a round of funding for 2 million euros ($ 2.4 million) in November, while still only in waitlist mode.

Part of the reason the latest funding materialized so quickly is that Juni has had a very high use of her short three months of life: Samir El-Sabini, Juni’s co-founder and CEO, told TechCrunch that the startup signed 300 companies on a waiting list of 3,000, which represents customer growth of around 500% month over month. The customers, he said, were mainly those who sold their own inventory; dropshippers selling on behalf of retailers; and performance marketers who have branched out into product sales.

The other reason is that Juni is doing so well on both the investor and customer side, because of what he has identified and understood, and is working to fix it.

El-Sabini and his two co-founders Anders Oresdal (CTO) and Jonathan Sanders (COO) have all worked in e-commerce and fintech (in fact, one of them was previously at startup Pleo, which announced major funding this week; and two more worked at another expense management startup) and therefore know all too well the shortcomings of many banking services when it comes to serving businesses to do business online.

As El-Sabini described it, while traditional banks have long wooed SMEs as customers, they never really understood the dynamics, challenges and peculiarities of running an e-commerce business, and this made them less responsive to the financial profiles and needs of these companies.

“What we do is provide information and knowledge about the e-commerce industry,” he said. “And we can have a low risk profile because we understand all cost centers. We understand what Taboola is, we know Shopify. El-Sabini noted that e-commerce companies typically have money split between different services such as ad networks, payment gateways, and their banks.

“So we’re giving them a unified view of all these dashboards. Then we derive information based on all of that activity to give you ‘the right number’ which means it hears a real idea of ​​the cash flow, business inflows and outflows for all of these services so that you know how much you need to invest or use in other areas, and in particular on advertising to attract more customers.

“It’s all about getting back on ad spending and cash flow,” El-Sabini said.

Cash also comes into play with the payment cards Juni provides as part of its service, he added.

“You need a card with high spending limits,” mainly to account for how you spend the money during the month and then pay it off on a deferred basis (due to the time it takes for income to clear payment gateways, etc.). Without the high limits, your card may be rejected when you use it to pay for marketing and advertising campaigns.

“Ad campaigns won’t work well if you get a card denial,” he said, as Google and others typically demote you in their algorithms when this happens. “My old business changed cards every quarter because we had so many cuts. This, of course, is difficult to sort out and certainly not what you want to spend your time doing if you are trying to grow your ecommerce business.

And, when there is a problem, El-Sabini notes that its customer service speaks the same language as the customers, and will therefore be able to better deal with and manage their problems.

To sum up all of the above, Juni simply built the kind of bank that the founders wanted to have in their previous companies, and that resonated with others, resulting in what El-Sabini called “tremendous growth.” , financial and full of hope ”. Case in point: The press release I received for the article last week stated that Juni had 250 customers across Europe, but by the time we spoke the number had grown to over 300.

There is something else interesting about what Juni is doing, which points to a bigger trend in fintech that is probably worth watching as well.

Neobanks have made significant inroads into the world of finance, providing consumers with a better and more modern user experience, more personalization, and often better rates than their larger historical counterparts, and we’ve seen major developments on this front. : huge evaluations, strong customer growth, and now, slowly, the first one of them become public.

Today, we are witnessing the emergence of a second very strong wave of neobanks, less broadly targeted and targeting more specific vertical opportunities. These could be something like targeting the farming community, or freelancers, or SMEs, or more precisely companies working in electronic commerce as Juni did.

On that note, there really are a lot of fintech startups targeting small businesses with banking services now. They include Finom, Wise, Hatch, Novo, and many more. There is even some competition specifically within e-commerce neobanks, with companies like Viva Wallet, Incard (which does not seem to be launched yet), Yan, and probably more so when trying to answer the same people as Juni.

So far, he’s standing out in part because of how quickly he’s adopted and how they’ve decided to make this space their own. This will see Juni also move to a wider range of products to better meet the needs of running an e-commerce business, whether it is more types of credit products to maintain cash flow, l ‘one of the reasons why historical investors like DST are interested.

“In just three months, Juni has already proven that it has the potential to become the next big tech solution for traders around the world. The product resonates strongly with their clients by solving an obvious problem and giving digital entrepreneurs time back, ”said Joseph Pizzolato and Susan Lin, investors at Felix Capital, in a joint statement. “As investors, we look for signs of ‘customer love’ and ‘digital queues’ in all of our investments, and a waiting list of over 3,000 SMEs for Juni’s product is as good as we have seen! We immediately connected with the team and strongly believe in their vision. Their attention to detail and understanding of their clients’ needs puts them in an ideal position to conquer this market.

“Samir, Anders, Jonathan and the team continue to amaze us,” added Sophia Bendz, Partner at Cherry Ventures. “Since the launch of Juni’s beta, they have seen an extremely impressive monthly transaction volume in such a short period of time. They have also built a world-class team in the Compliance, Finance, Technology and Marketing functions, and have fostered a deep commitment to building community and reliability. They are fast becoming the go-to financial companion for e-commerce entrepreneurs around the world. This is just the start and we couldn’t be more excited to continue supporting this team.


Source link

]]>