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WASHINGTON, D.C. -- Late Saturday, President Trump criticized the FBI for missing signals about the Florida school shooter.According to CNN, the FBI said it failed to act on information regarding Nikolas Cruz, who murdered 17 people at his former high school in Parkland.Trump described the failure as “very sad” in a tweet around 8 p.m. Saturday.“Very sad that the FBI missed all of the many signals sent out by the Florida school shooter. This is not acceptable. They are spending too much time trying to prove Russian collusion with the Trump campaign - there is no collusion. Get back to the basics and make us all proud!”Very sad that the FBI missed all of the many signals sent out by the Florida school shooter. This is not acceptable. They are spending too much time trying to prove Russian collusion with the Trump campaign - there is no collusion. Get back to the basics and make us all proud!— Donald J. Trump (@realDonaldTrump) February 18, 2018 965

WEST LAFAYETTE, Ind. -- Target will bring a new type of store to Indiana in 2019.The retailer announced Thursday it will open its first small-format store at 304 W. State Street near the Purdue campus in West Lafayette.The store will offer "a quick-trip shopping experience" with beauty and personal care items, food and beverages, and dorm and apartment essentials.The small-format Target will also offer Order Pickup which will allow customers to buy online and pickup in the store.The nearly 12,000-square-foot West Lafayette store will employ up to 45 people.Development will begin this spring pending city council approval.Target says it has plans to open 130 of these small-format stores by the end of 2019.The stores will be in areas where a traditional Target may not fit, like dense suburban neighborhoods, urban areas and on college campuses.   877

WASHINGTON, D.C. – Ben Carson has tested positive for the novel coronavirus, according to multiple reports.Officials confirm to the ABC News and NBC News that the U.S. Secretary of Housing and Urban Development (HUD) tested positive Monday morning.Carson’s deputy chief of staff told ABC that he’s in good spirits and feels fortunate to have access to therapeutics that could help lead to a speedy recovery.Sec. Carson received a positive test this morning at Walter Reed after experiencing symptoms. (He is no longer at the hospital - was only there for a short time) https://t.co/fMAYoP3MUe— Katherine Faulders (@KFaulders) November 9, 2020 The former presidential candidate was reportedly at the White House on election night for the Trump administration’s party. White House Chief of Staff Mark Meadows was also in attendance and tested positive for the virus last week.The Washington Post reports that five other Trump administration aides also tested positive for the virus around Election Day. 1008

WASHINGTON (AP) — The Trump administration has laid down rules aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. The action over the new Republican tax law pits the government against high-tax, heavily Democratic states in an election-year showdown.The Treasury Department's rules released Thursday target moves by states like New York, New Jersey and California — where residents could see substantial increases in their federal tax bills next spring because of the ,000 cap on state and local deductions. Experts say the issue likely will have to be resolved by the federal courts.Four states — Connecticut, Maryland, New Jersey and New York — already have sued the federal government over the deduction cap, asserting it's aimed at hurting a group of Democratic states and tramples on their constitutional budget-making authority.A dozen states have taken or are considering measures to get around the cap. Most of the workarounds take advantage of federal deductions for charitable contributions — which aren't capped — in place of the old deductions for paying state and local income taxes. So people's state and local taxes exceeding ,000, which can't be deducted, are turned into deductible charitable donations.The new rules' "dollar-for-dollar" limit also applies to many other states that already have charitable funds offering tax breaks, senior Treasury officials said. Those states include solidly Republican ones and others with relatively low taxes. In those programs, donors to schools, hospitals or land conservation programs can get their state taxes reduced in return — plus a charitable deduction on their federal tax returns.The limit means taxpayers only can deduct as a charitable contribution the portion of their donation for which they don't also get a state tax credit.But some experts said the Treasury rules seem to be designed to protect those existing charitable programs in some states. An exception to the "dollar-for-dollar" requirement "plainly appears to be designed to protect certain ... pre-existing state regimes," said Daniel Rosen, a tax lawyer at Baker McKenzie who is a former IRS official.Treasury said it expects that only about 1 percent of all U.S. taxpayers would see a reduction of their tax credits for donations to private-school voucher fund. Several states — Alabama, Arizona, Georgia, Montana and South Carolina — allow taxpayers who donate to private-school funds to get a 100 percent credit against their state taxes, according to data compiled by the Institute on Taxation and Economic Policy.___HOW DO THE LIMITS WORK UNDER THE NEW RULES?Dollar-for-dollar: When a taxpayer receives a benefit in return for donating to charity, the taxpayer should only be able to deduct the net value of the donation as a charitable contribution, Treasury says.An example: You donate ,000 to a charity in a state that offers a 70 percent tax credit, so 0 in this case. You would only be able to claim a 0 charitable deduction on your federal return.There is an exception. If the state tax credits don't exceed 15 percent of the amount donated, so up to a 0 state tax credit on a ,000 donation, the taxpayer could claim the full amount as a charitable deduction.___WHY IS THIS IMPORTANT?Taxpayers could have less incentive to donate without getting a deduction or having the deduction reduced.All states rely on property and income taxes to fund an array of services such as education, health care and public safety. Advocates for restoring the full state and local deductions say that the reduced property tax deduction brings a decrease in the value of taxpayers' homes, possibly spurring residents of high-tax states to move elsewhere and crimping funding for local programs.___WHAT'S HAPPENING IN THE HIGH-TAX STATES?Measures designed to work around the ,000 cap have been adopted in Connecticut, New Jersey, New York and Oregon, and introduced or explored publicly by officials in California, Illinois, Maryland, Nebraska, Rhode Island, Virginia, Washington and the District of Columbia.New York Gov. Andrew Cuomo, a Democrat, has called the state-local deduction cap an "assault" on New York by Trump and Republican lawmakers in Washington.In some key "blue" states:—Connecticut has a new law establishing a state charitable fund; donors can get tax credits in exchange for giving.—In New Jersey, where high local property taxes are the major issue, the state is allowing local schools and governments to use the charitable workaround. But so far, no towns have notified authorities that they've set up funds to receive contributions — because state regulators haven't issued the necessary rules, experts say.—New York is offering three options: One like Connecticut's, one like New Jersey's and another to let employers pay payroll taxes for employees, who would receive credits to cancel out the income taxes they would have paid otherwise.—In Maryland, about 500,000 residents — over 18 percent of state taxpayers — will together lose .5 billion in state and local deductions, according to state estimates.___Mulvihill reported from Cherry Hill, New Jersey. Associated Press writer Michael Catalini in Trenton, New Jersey, contributed to this report. 5305

We're now entering peak back-to-school shopping season, but this is turning out to be a school shopping season like none ever before.In the year of the pandemic, many parents are holding off, unsure their children will even set foot in their schools this fall.In normal years, Target, Staples and other stores would be running big back-to-school campaigns by now. Stores would be stocked with gym shoes, white shirts, notebooks, and Clorox wipes. (Remember Clorox wipes? Have you seen any for sale in four months?)But these are not normal times.With many schools already planning for online learning this September, there's no need to buy lots of new school clothing or even backpacks.Other schools are holding off announcing any plans, which means teachers cannot come up with lists of required items yet.Why shopping could still be strongIt turns out learning at home may actually boost sales figures this year, according to the National Retail Federation.It says parents will be buying more laptop PCs and iPads then ever before. With many students learning at home even just part time, demand is soaring for new laptops to improve the Zoom call experience.The result is that the retail group predicts shopping could be 3-5% higher than last year, with more parents than ever dropping 0 to ,000 on a computer. Two kids? Double it.But from the doesn't that stink file, the bad news is for brick-and-mortar retailers.The Retail Federation says online sales will soar this school year, as families avoid going to the mall.About 45% of shoppers say they plan to do more online shopping this year than they did a year ago, which was already a strong year for online sales.That means if you like to browse the mall for school shopping, you'll find fewer stores open and much less merchandise on those store shelves when you get there.Shoppers report many shoe stores have just half their normal amount of merchandise on display.As a result, this shopping season is unlikely to rescue malls already deep in financial trouble.No more hands-on testing Macs and iPadsNeed a trip to the Apple store? 30% of them are closed, as Apple recloses stores in areas in the growing red zones.Meantime, many of the open ones won't let you play with the displays anymore, or do a hands-on test of MacBooks on the big open tables. You will need to ask an associate for help in those stores. CLICK HERE to find out if your store is open.One bright spot in all of this: If stores find school clothing and merchandise not moving well by the middle of August, expect huge markdowns later in the month, so you don't waste your money.____________________Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").Like" John Matarese Money on FacebookFollow John on Instagram @johnmataresemoneyFollow John on Twitter (@JohnMatarese)For more consumer news and money saving advice, go to www.dontwasteyourmoney.com 2924

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