DreamHost

TARGET: Save with the Red Card!

Subscribe

Enter your email address:

Delivered by FeedBurner

Green Apps

ITUNES TV AND MOVIES

Categories

Burpee Gardening

Whole House Water Filter

PINGO

Soft Phone Banner

RE USE IT!

ReUseIt.com

Natural Mosquito Control

10% Off Mosquito Magnet Accessories - Use Code MMACCTEN

FTC Disclosure

Green Reflection may receive remuneration from the advertisers on this site.

Urbanists call for a non-aggression pact among cities competing for Amazon’s HQ2

They say that cities should compete on the basis of the underlying strength of their communities, not handouts. […]

New York Today: New York Today: A Concert in a Crypt

Weather.init(); }()); Chilly, but lovely. Sunny skies and a high around 35 — a lucky break for early risers who got to see the super blue blood moon this morning just before 6 a.m. In the News • Kevin Corbett, a top executive at a global construction and engineering firm, will become the next executive director of the struggling New Jersey Transit. [New York Times] Photo Kevin Corbett is set to be the executive director of New Jersey Transit. Credit Bryan Anselm for The New York Times • The Republican state senator John A. DeFrancisco is planning to vacate his seat to challenge Gov. Andrew M. Cuomo in the governor’s race. [New York Times] Continue reading the main story • Citing strong support from surveyed residents, Hoboken’s mayor said he will move forward with plans of changing a waterfront industrial site into a park, despite opposition from a ferry company […]

Republican Tax Bill Passes Senate in 51-48 Vote

“This is serious stuff,” Mr. Schumer said. “We believe you’re messing up America. You could pay attention for a couple of minutes.”How Every Senator Voted on the Tax BillThe Senate passed the bill 51-48, with every Republican present voting yes.Representative Nancy Pelosi of California, the House Democratic leader, called the tax bill a scam, saying it “is simply theft — monumental, brazen theft from the American middle class and from every person who aspires to reach it.”On Tuesday afternoon, the House voted 227 to 203 to pass the bill, with 12 Republicans voting against it and no Democrats voting for it. Eleven of the 12 Republicans were from California, New Jersey and New York, states that would be hit hard by a provision in the bill limiting the deduction for state and local taxes to just $10,000. The Senate approved the bill early Wednesday morning.The Senate voted 51 to 48, with no Republican defections and no Democratic support.Under the final tax bill, the corporate tax rate would fall to 21 percent, from the current 35 percent, a move that Republicans are betting will increase economic growth, create jobs and raise wages […]

Republican Tax Bill Passes Senate in 51-48 Vote

“This is serious stuff,” Mr. Schumer said. “We believe you’re messing up America. You could pay attention for a couple of minutes.”How Every Senator Voted on the Tax BillThe Senate passed the bill 51-48, with every Republican present voting yes.Representative Nancy Pelosi of California, the House Democratic leader, called the tax bill a scam, saying it “is simply theft — monumental, brazen theft from the American middle class and from every person who aspires to reach it.”On Tuesday afternoon, the House voted 227 to 203 to pass the bill, with 12 Republicans voting against it and no Democrats voting for it. Eleven of the 12 Republicans were from California, New Jersey and New York, states that would be hit hard by a provision in the bill limiting the deduction for state and local taxes to just $10,000. The Senate approved the bill early Wednesday morning.The Senate voted 51 to 48, with no Republican defections and no Democratic support.Under the final tax bill, the corporate tax rate would fall to 21 percent, from the current 35 percent, a move that Republicans are betting will increase economic growth, create jobs and raise wages […]

New York Today: New York Today: The Big Chill

Weather.init(); }()); In the News • Across the region, both urban and suburban Democratic voters turned out to defeat Republicans, shifting a focus toward 2018. [New York Times] Photo Laura Curran became the first woman to hold the county executive office in Nassau County. Credit Vincent Tullo for The New York Times • A judge’s rule to order prosecutors to search files and disclose all evidence in a timely manner could favor the defense in future cases. [New York Times] • A day after being re-elected, Mayor Bill de Blasio promised to make some “bold changes.” [New York Times] • According to jurors, a court video clearly showed self-defense in the case of Officer Wayne Isaacs’ fatal shooting of a motorist in 2016. [New York Times] • The trial for a Queens man charged with the fatal shooting of a police officer painted two pictures of the defendant: a person wrongly identified, and a career criminal. [New York Times] • The Pan Am Foundation will honor the 24 passengers and seven crewmembers of a no-fatality plane crash that occurred over the ocean about 61 years ago. [New York Times] Photo in 1956, Pan Am World Airlines Flight 6 ditched into the Pacific Ocean. No one was killed. Credit Pan Am Historical Foundation • A profile of the newly elected governor of New Jersey explores his political inexperience and progressive roots. [New York Times] Continue reading the main story • Hoboken’s mayor-elect Ravi Bhalla is the first Sikh elected to lead a New Jersey city, and one of only a few Sikhs in the country to ever become mayor […]

The Paradise Papers: After a Tax Crackdown, Apple Found a New Shelter for Its Profits

Seeking ‘the Holy Grail’Since the mid-1990s, multinationals based in the United States have increasingly shifted profits into offshore tax havens. Indeed, a tiny handful of jurisdictions — mostly Bermuda, Ireland, Luxembourg and the Netherlands — now account for 63 percent of all profits that American multinational companies claim to earn overseas, according to an analysis by Gabriel Zucman, an assistant professor of economics at the University of California, Berkeley. Those destinations hold far less than 1 percent of the world’s population.Continue reading the main storyCriticism of such profit shifting was largely ignored until government finances around the globe came under pressure in the years following the 2008 financial crisis, when the practice led to government inquiries, tax inspector raids, media scrutiny and promises of reform.In May 2013, the Senate’s investigative subcommittee released a 142-page report on Apple’s tax avoidance, finding that the company was attributing billions of dollars in profits each year to three Irish subsidiaries that declared “tax residency” nowhere in the world.Under Irish law, if a company can convince Irish tax authorities that it is “managed and controlled” abroad, it can largely escape Irish income tax. By seeming to run its Irish subsidiaries from its world headquarters in California, Apple ensured that Irish tax residency was avoided.At the same time, American law dictated that the subsidiaries were only tax residents in the United States if incorporated there. The federal government permits taxes on any income generated by foreign units to be deferred indefinitely, as long as the company says those profits stay offshore.U.S. Profits Made in Offshore Tax Havens IncreaseThe share of U.S. companies’ foreign profits attributed to a handful of tax havens has more than doubled in past 20 years.%604020063%2000200520102015“Apple has sought the holy grail of tax avoidance: offshore corporations that it argues are not, for tax purposes, resident anywhere in any nation,” then-Senator Carl Levin, Democrat of Michigan, who was the subcommittee chairman, said at the 2013 hearing.Ireland’s finance minister at the time, Michael Noonan, at first defended his country’s policies: “I do not want to be the whipping boy for some misunderstanding in a hearing in the U.S. Congress.” Ireland had long pursued business-friendly tax policies, which helped lure jobs to the country, primarily for technology and pharmaceutical companies. […]

New York Today: New York Today: A Terror Attack in Manhattan

Weather.init(); }()); Welcome to November: It’s cool and gray. Temperatures this morning may dip into the low 40s, but the sun will accompany you on your commute. The rest of the day is a trade off: More clouds will roll in this afternoon, but temperatures should rise to 57. In the News • At the Village Halloween parade, which kicked off hours after the truck attack, the crowd was thinner and more muted, attendees said. [New York Times] Continue reading the main story • Universal prekindergarten stands out as Mayor Bill de Blasio’s most salient achievement, but it also came with lasting consequences. [New York Times] Photo Mayor Bill de Blasio at the School of Journeys, a prekindergarten program in Brooklyn. Credit Richard Perry/The New York Times • The battle over the sale of Starrett City, the largest federally subsidized housing complex in the country, is a messy family drama. [New York Times] • A 96-year-old retired priest who was once a high-ranking official of the Archdiocese of New York was arraigned on charges of possessing child pornography. [New York Times] • For Philip D. […]