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The 28th richest person in America was there the night Oklahoma raised his taxes, and he was not happy.Some of the poorest teachers in America were also there as the lawmakers voted. And while this bill would move money from the billionaire's pockets to their own, when it passed ... they weren't happy either.They had organized on Facebook, marched on the State House and threatened to walk out of classrooms en masse. In a bright red state full of Republican fiscal hawks, their cries for higher pay were enough to force the first vote of its kind in a generation to raise taxes.But with modest new rates on fuel, cigarettes and oil production, lawmakers could only meet a fraction of their demands for a ,000 raise over three years for teachers and ,000 for support staff.For teachers, it wasn't enough. But for multibillionaire Harold Hamm, it was too much.The chairman and CEO of energy giant Continental Resources knew that any new tax on energy production would need a three-fourths' supermajority in both houses of the legislature. The presence of an oil field tycoon and member of the Oklahoma Hall of Fame might sway enough votes to kill the bill, like all the others before it.Not this time. The bill passed. The Gross Production Tax on oil and gas wells will go from 2% to 5%, though that is still the lowest in the nation.The new law will give the average teacher a ,100 raise -- but that's not enough to stop a mass walkout on April 2.Governor Mary Fallin is voicing hope that teachers will turn their protest into a one-day rally and be back in class on April 3.But if they stay out, it means this skirmish between "too much" and "not enough" has just begun.How long it lasts -- and whether it sparks another red state revolt among teachers in Arizona -- now depends on the determination of the long-suffering educators of Oklahoma, who were themselves inspired after watching the nine-day strike in West Virginia."After I saw them on CNN, I got on Facebook and I typed in 'Oklahoma walk out,'" says Alberto Morejon, a third-year history teacher and baseball coach at Stillwater Junior High."Nothing popped up and I thought 'Why not be the guy to make the group?' When I woke up the next morning, there were 21,000 members. Three weeks later there are 72,000. You don't get 70,000 new members in three weeks if there's not a problem."The Sooner State has long led the nation in the deepest cuts to education. On a list of the 50 states and Washington, DC, Oklahoma ranks 49th. In most districts, a teacher with a doctorate degree and 30 years' experience will never make more than ,000 a year."Three days after payday, I'm back to square one," Donna Rice tells me after dismissing her third graders from McKinley Elementary in Tulsa.She has a master's degree and 20 years' experience, but drives for Uber and helps cater weddings just to survive."A student once saw me waiting tables at a wedding," she says, recalling the humiliation. "I had to go to the ladies' room to compose myself. But he just said, 'Miss Ross, you really work! And you work a lot of places, don't you? You must be rich!' And I said, 'I sure am,'" she laughs.At Union Junior High, Michael Turner, a former Marine and special education teacher, shows me the pay stub that brings him less than ,200 a month.He's one of the 2,000 emergency teachers hired without complete credentials to fill classrooms abandoned by educators who found more generous paydays in other states or other careers. Without certification, they make even less than colleagues, and Turner relies on a church food pantry to eat."I've helped at food banks, have helped deliver food," he says, standing in the gym with a folder full of overdue bills. "I honestly never thought I would be on the receiving end."I met math teachers who mow lawns in Inola and heard tales of professors who sell blood in Broken Arrow, but teachers aren't the only frustrated public servants in Oklahoma.State troopers have been told to ration gasoline, social programs are strapped and prisons are overcrowded to dangerous levels.To fix these problems and give teachers the ,000 raise they want, the state will have to tax the businesses of oilmen like Hamm even more.To give ,000 raises to librarians and security guards, buy new books, equipment and the other basic necessities of education, Oklahoma will have to raise the Gross Production Tax even higher.The GPT in South Dakota and Louisiana is more than 13%. Texas charges drillers and frackers 8%. But Harold Hamm and the Oklahoma Oil and Gas Association fought tooth and claw to keep it below the new rate of 5%."We have zero confidence today's state leaders will act any more responsibly than those of the past who enacted massive tax increases with promises to fix education and other vital services," OKOGA President Chad Warmington said in a statement. The group declined an interview request from CNN."It's almost like the oil and gas people have more say than the people that actually voted (lawmakers) in," Alberto Morejon says as we stroll his campus in Stillwater. He thinks the teachers will stay out indefinitely and that principals, superintendents and parents will support them."Because it shouldn't be a struggle to fund education. Every time they cut the Gross Production Tax, it's almost like they're saying oil is more important than our kids." 5415
TERRE HAUTE, Ind. (AP) — The Trump administration has carried out its ninth execution of the year and the first during a presidential lame-duck period in 130 years. Federal prison officials in Terre Haute, Indiana, on Thursday, executed a Texas street-gang member for his role in the 1999 slayings of an Iowa religious couple. The case of 40-year-old Brandon Bernard was a rare execution of a person who was in his teens when his crime was committed. Bernard was pronounced dead at 9:27 p.m. Eastern time on Thursday, the AP reported.He was 18 when he and four other teenagers abducted and robbed Todd and Stacie Bagley on their way from a Sunday service in Killeen, Texas. According to the Associated Press, reality TV star Kim Kardashian West had even asked President Trump to commute Bernard’s sentence to life in prison.Bernard's last words, which were directed to the Bagley family, were "I'm sorry," the AP reported.Four more federal executions, including one Friday, are planned in the weeks before President-elect Joe Biden's inauguration. 1055

That leased car gathering dust in your driveway might have hidden cash in it.Dealers facing tight inventories are scrambling to buy good used cars to resell. They might be willing to purchase your leased car for more than the buyout price in your contract.“I haven’t seen used car prices go up this much in years,” says Oren Weintraub, president of car concierge service Authority Auto. “We are seeing a large percentage or leases with equity in them.”With the pandemic reshaping the car business, experts recommend extracting that equity by selling the car outright, using it to offset the cost of returning the car or leveraging that value to make a better deal on your next car.Where does the equity come from?Your lease payment is based on the residual value of your vehicle. This is a prediction of the car’s value at the end of the lease which, because of the pandemic, is now often too low.This means you might be able to arrange to sell the car for the higher price, pay off the lease and then pocket the difference. It also means you could dodge over-mileage penalties or end the lease early.For example, Scot Hall of the lease-trading site Swapalease said his wife has been working from home during the pandemic and decided she didn’t need her leased 2017 GMC Yukon Denali XL. She ended her lease six months early — saving the remaining monthly payments — and sold her SUV to a local dealer, pocketing a check for ,500.Know where you standHere’s how to know if you have equity in your leased car:Find the residual value in your lease contract. This is the amount you can buy the car for at the end of the lease (there might also be a disposition fee for this transaction).Get today’s buyout price. If you want to end your lease early, call the lease holder and ask for a current buyout price. Hall says you can usually estimate this price by simply adding the total of all the remaining payments to the residual value.Look up the current market value. Use an online pricing guide, such as Edmunds.com, to find the trade-in value of your car, factoring in the current mileage, options and condition. If you’re thinking of selling your car to a neighbor, look for the private party price. Or you can get a nearly instant cash offer from a local dealer, Carmax or an online car retailer such as Carvana, Shift or Vroom. Give real-world offers more weight in your calculations.Do the math. Subtract the residual value from the current market price or cash offer. This is an estimate of how much equity you have in the car and how much money you could make on the deal.Find opportunity in a volatile marketOnce you know if you are in a positive equity position, you can explore different ways to use this potential value. Here are options to consider:Buy the car yourself. If you do this, you’re essentially getting a good used car at below-market price. Also, you know the history of your car, so there are no surprises. Many lenders that refinance auto loans also offer lease buyouts.Sell your leased car privately. In many states, you can buy the car and transfer it to a new owner within a certain number of days without paying sales tax yourself. Be sure to check with the DMV in your state before you make a deal.Trade in the car to a dealer. If you decide you want another car, you could sell your leased car outright first and then plunk down the cash on the new ride. But trading it in could save you a considerable amount of sales tax.Sell your vehicle to an online service or a local dealer. Carvana, Shift and Vroom will pick up the vehicle and do all the paperwork. However, Carvana says it will not accept leased cars as trade-ins.Return your lease without penaltiesKnowing there is equity in your car puts you in a stronger position when you return your leased vehicle.For example, Weintraub had a client who was ready to return a leased car with excess mileage and minor body damage. Because of the equity in the vehicle, Weintraub convinced the dealer to waive the 0 disposition fee, the excess mileage penalty and wear and tear charges.Should you be facing those kinds of costs as the end of your lease approaches, the time spent getting buyout offers is not only a bargaining tool, but it also offers other options to try if the leasing company doesn’t play ball.More From NerdWalletClass of 2019 Borrowed Less, Report FindsHow to Handle College Loan Debt as an Unemployed Recent GradMore Grads Are Going Back to School: Should You?Philip Reed is a writer at NerdWallet. Email: articles@nerdwallet.com. Twitter: @AutoReed. 4559
STOCKHOLM – Greta Thunberg showed support for Democratic presidential nominee Joe Biden in a rare political tweet Saturday.The 17-year-old environmental activist wrote that she doesn’t usually engage in party politics, but the upcoming U.S. election “is above and beyond that.”“From a climate perspective it’s very far from enough and many of you of course supported other candidates. But, I mean…you know…damn!” wrote Thunberg. “Just get organized and get everyone to vote #Biden.”In the same tweet, Thunberg shared an editorial piece from Scientific American that says, “choosing Donald Trump for president is choosing fiction over fact – a fatal mistake.” In September, the publication broke with its 175-year tradition of not endorsing presidential candidates and backed Biden.Thunberg has become a face of the movement to combat climate change.Thunberg has also been criticized by Trump in the past. When the activist was named Time’s Person of the Year in 2019, the president mocked her, saying she needed to “work on her anger management problem, then go to a good old-fashioned movie with a friend.”Trump has publicly dismissed the science on climate change. Last month, he said “I don’t think science knows” what it’s talking about regarding global warming and the resulting worsening of wildfires, hurricanes and other natural disasters. 1355
TAMPA, Fla. -- A commercial about child hunger inspired Kennedy McCormick to take action when she just 7 years old.“I felt really bad for the children, so I wanted to do something to help,” said McCormick, now 14.For her birthday that year, she wanted to collect food instead of getting presents.“So we had a party and that’s exactly what happened. Everybody brought food,” said her father, Kelvin.Kennedy has carried on that tradition every year, teaming up with Feeding Tampa Bay to make sure the donations get to those in need.“The more I’ve done it. The more donations I’ve gotten over the years,” said Kennedy.This year with the pandemic, she held a virtual fundraiser, raising about ,000.All her hard work got noticed by General Mills and they surprised her with a donation like she’s never seen before: two truckloads of Cheerios. That’s 48,000 boxes.“I was extra surprised when I saw the truck drive by because I thought it was only going to be the cereal over there and then there was a truck. And I was like oh my gosh there’s so much cereal,” said Kennedy.“She’s a wonderful young lady all around and so this just adds to our ability to participate in something that she enjoys,” said her mother, Joy.Feeding Tampa Bay says they’ll be sending out all these boxes of cereal throughout the community has part of the two million meals they deliver each week.For more information on Feeding Tampa Bay’s Cereal for Summer program, you can click here for more information.Kennedy is still collecting donations on her Facebook recital page at Facebook.com/kjmacgirls.She is also already planning for her party next year with one change, guests will be able to bring cereal and cash.This story was originally published by Erik Waxler at WFTS. 1755
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