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WASHINGTON (AP) — President Donald Trump was outraised by Democrat Joe Biden in September and is being outgunned financially by his rival with just weeks to go until Election Day. Trump’s campaign, along with the Republican National Committee and associated groups, raised 8 million in September, well short of the 3 million raised by Biden and the Democratic National Committee in the same period. Trump campaign communications director Tim Murtaugh tweeted that the Trump effort had 1 million on hand at the end of September, compared with 2 million for Biden. 582
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
WASHINGTON (AP) — The Trump administration will begin allowing so-called “Dreamer” immigrants to renew their permits to remain and work in the U.S. for a year while it reviews a Supreme Court ruling and the underlying legality of the Deferred Action for Childhood Arrivals program.A White House official confirmed the announcement Tuesday. Renewals for the Obama-era program, which covers hundreds of thousands of immigrants brought to the U.S. illegally as children, had been halted as the Trump administration pushed to end the program.The Supreme Court ruled earlier this month that Trump failed to follow appropriate procedure when he tried to end the program, but affirmed his ability to do so. The White House has been studying the ruling and devising plans to try again to end DACA — though it was not immediately clear whether the politically sensitive move would be undertaken before November's election.The administration will continue not to accept new applications for the program. 1001
WASHINGTON, D.C. -- Senate Majority Leader Mitch McConnell has responded to the investigation into Breonna Taylor's death and the shooting of two Louisville police officers Wednesday night.In a speech on the Senate floor Thursday, McConnell says Kentucky Attorney General Daniel Cameron "conducted exactly the kind of thorough, impartial investigation that justice demands."McConnell also addressed protests in Louisville following the decision as "more of the lawlessness, riots, and violence that has plagued American cities too often this year."Read his full speech on the Senate floor below:"I've spoken repeatedly in recent months about the tragic killing of Breonna Taylor in my hometown of Louisville, the need for justice, and the healing work ahead for our community."Kentucky's Attorney General, Daniel Cameron, conducted exactly the kind of thorough, impartial investigation that justice demands. Yesterday, that chapter concluded, and the grand jury conducted the handoff to criminal prosecution. I have full confidence in the Attorney General's painstaking pursuit of facts and justice."Many Kentuckians have channeled their continuing grief and anger into a peaceful exercise of their First Amendment rights. But in Louisville last night, we saw more of the lawlessness, riots, and violence that has plagued American cities too often this year."Citizens' businesses were vandalized. Fires were set in streets."And two officers of the Metro Police Department were shot and wounded while protecting public safety downtown."As of last night, one officer was still undergoing surgery, but both were in stable condition. We are praying that both will make full recoveries. And one suspect is in custody."Peaceful protests honor the memory of Breonna Taylor. Peaceful protests move us toward justice."Smashing windows does not. Setting fires does not. Rioting in the streets does not."And trying to gun down law enforcement officers who are bravely serving their community is the kind of despicable cowardice that must be met with the full force of the law."I want to sincerely thank all the Kentucky peace officers who continue to put their lives on the line every day."I hope and expect that our Governor and Mayor will take every necessary step to secure the justice, peace, law, and order that every Kentuckian deserves."This story was originally published by staff at WLEX. 2394
We already know Mexico will take a brutal hit from Hurricane Willa. But in the United States, the same monstrous storm could spawn widespread misery, including flooding and even this year's first nor'easter.Here are three ways Hurricane Willa could wreak havoc from Texas to New England: 295