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Hours ahead of the first 2020 presidential debate, Democratic presidential nominee Joe Biden released his 2019 tax returns, as well as his returns for the last 22 years."The American people deserve transparency from their leaders, it's why as of today, I've released 22 years of my tax returns," Biden tweeted Tuesday.According to Biden's 2019 return, the former Vice President reported more than 0,000 in income and paid 8,000 in taxes.The release comes amid a series of New York Times reports regarding two decades worth of President Donald Trump's tax returns. The Times reports that Trump did not pay income taxes for 10 of the last 15 years which they viewed, and only paid 0 in income taxes in both 2016 and 2017.The Times also reports that Trump is on the hook for more than 0 million in debt and loans, most of which will come due within the next four years. 886
If you've ever wanted to eat Shaq's favorite pizza, Papa John's is now giving you the chance to do so.Papa John's and Shaquille O'Neal unveiled the Shaq-a-Roni pizza on Monday, which is an extra-large pepperoni pizza that will be cut into Papa John’s largest slice size to-date.“We’re excited to combine all the best ingredients for coming together in support of our neighbors - a Shaq-sized pizza, topped with extra ingredients, with a donation from every purchase going back into our communities," said Rob Lynch, President, and CEO of Papa John’s in a press release.O'Neal also announced that for every pizza sold, the company would donate to The Papa John’s Foundation for Building Community.“It was important to me for the Shaq-a-Roni to be bigger than just pizza. By giving my new pie a try, one dollar will be donated to The Papa John’s Foundation for Building Community to support COVID-19 relief, the fight against racial injustice, Boys & Girls Clubs of America, UNCF (United Negro College Fund) and general community involvement,” said Shaquille O’Neal, Papa John’s Board Member and franchise owner in a press release.The company said they would donations for every Shaq-a-Roni sold will end August 23. 1228

House Republican leaders on Thursday released details of reforms that would overhaul the U.S. tax code, cut individual income tax rates and remove a number of breaks and deductions in the name of making Americans’ tax bills simpler and smaller.Much political wrangling remains before the plan would become law; both houses of Congress must approve the bill, and President Donald Trump has to sign it. But were it to take effect in 2018, as Republicans would like, here’s how the tax plan could change things for you. 529
Housing and rates are worrying some economists that a recession is looming."One of the biggest concerns is the housing market," said Lindsey Piegza, chief economist for Stifel, on CNNMoney's "Markets Now" live show Wednesday. "It's throwing up a very large red flag and suggests maybe this 4% growth we saw in the second quarter is not sustainable."Home sales?have declined in four of the past five months as housing prices have grown -- but paychecks have remained stagnant. Many people can't afford to buy homes, and those who can are taking on a lot of debt to get into them.Piegza says that echoes what happened right before the Great Recession in 2008."We're not there yet, but this is what led us to the housing crash," she said.How could this happen again? Piegza believes that a decade of rock-bottom interest rates helped people forget about the dangers of borrowing too much."I don't know if we learned our lesson from the Great Recession," she said. "We are going back to a lot of the easy lending that we used to see."Although Piegza said a recession isn't necessarily imminent -- especially after quarterly growth just came in at the fastest pace in almost four years -- there are signs of waning momentum in the economy.Interest rates, for example, are starting to become a bad omen.The Federal Reserve, which finished up its two-day meeting Wednesday, is expected to raise its target rate two more times this year. Higher rates have boosted short-term US Treasury bond rates. But the longer-term bond rates haven't risen along with the shorter-term rates, because investors are growing wary about the economy over the long haul.With two more interest rate hikes planned, the Fed could boost short-term rates higher than long-term ones, inverting the so-called yield curve. An inverted yield curve has preceded every recession in modern history."We could easily be there by the end of the year," Piegza said. "I think we'll see pressure on the longer end by the end of the year, but the Fed will still be raising rates on the short end."Fed Chairman Jerome Powell has said that he is not concerned about an inverted yield curve. Piegza strongly disagrees."It is a predictive measure of a recession," she said. 2266
Hurricane Hunters have been flying in and out of Hurricane Laura continuously for days, getting a close-up look as the hurricane has rapidly intensified.In less than two days, Laura went from a tropical storm to a high-end Category 4. The storm is set to strike the Louisiana coast early Thursday morning.There are two Air Force Reserve groups that fly into hurricanes to send back data to the National Hurricane Center.In total, the Air Force Reserve utilizes 20 WC-130J aircraft that are equipped with palletized meteorological data-gathering instruments.According to the Hurricane Hunters, “The navigator keeps track of the aircraft's position and movement and monitors radar to avoid tornadic activity. The flight meteorologist acts as flight director and observes and records meteorological data at flight level using a computer that encodes weather data every 30 seconds. The weather reconnaissance loadmaster collects and records vertical meteorological data using a parachute-borne sensor known as a dropsonde. It measures and encodes weather data down to the ocean surface.”The following video was provided by the Hurricane Hunters: 1149
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