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The grandmother of Stephon Clark, the young black man shot and killed by Sacramento Police last week, pleaded Monday in a passionate speech for justice for her grandson."They didn't have to kill him like that. They didn't have to shoot him that many times," Sequita Thompson said through tears."Why didn't you just shoot him in the arm, shoot him in the leg, send the dogs, send a Taser. Why? Why? Y'all didn't have to do that," she added.The tearful plea came as part of a press conference with Benjamin Crump, an attorney representing the Clark family. Crump said the family is preparing for an independent autopsy of Clark's body."We will stand up for Stephon, we will speak for Stephon, we will fight for Stephon, until we get justice for Stephon," Crump said."I want justice for my baby. I want justice for Stephon Clark. Please, give us justice," Thompson said.The press conference came a week after Clark, 22, was shot and killed?in his grandmother's Sacramento backyard by officers who believed he was pointing a gun at them, according to police. No weapon was found at the scene. The only item discovered was a cell phone, police said.Officers fired 20 shots, hitting Clark multiple times, police told CNN affiliate KOVR.Crump was retained by Clark's family late last week. He has previously represented the families of other African-Americans fatally shot by police, including Michael Brown?and Tamir Rice, as well as Trayvon Martin, a Florida teenager killed by George Zimmerman.Crump said Clark's death fits a pattern in America of police shootings of unarmed black and brown people."No family should have to endure this pain and suffering as they try to seek answers for an execution of their loved one who is only holding a cell phone," he said. 1797
The House ways and means committee began its work Monday on a massive tax overhaul, but the day quickly devolved into a partisan food fight, with Democrats claiming Republicans were rushing their bill in an effort to score political points.Just minutes into the hearing, Democrats tried to postpone the mark-up all together arguing that the parties had not had enough time to properly digest the 429-page bill?that was just introduced last week and hadn't been the focus of committee hearings."This bill needs some vetting," Rep. Lloyd Doggett, a Democrat from Texas, said. "In the President's words, it needs extreme vetting." 640
The IRS added a new question to the top of the 1040 tax form, aimed at identifying people who make money on cryptocurrency transactions. Cryptocurrency, or virtual currency, includes things like Bitcoin and is a digital representation of value that functions as a medium of exchange, according to the IRS.The question asks: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” The only options to answer are yes or no.The question is similar to one that was added to the form for 2019 tax filings. At the time the question was on a section used to report certain additional income or adjustments, called Schedule 1. However, not a lot of people file Schedule 1 forms with their return. In 2014, the IRS issued a notice that virtual currency should be treated as property for tax purposes. Tax experts say the move, putting the question on the main form, may signal that the IRS is serious about going after virtual currency investors who under-report their holdings.“In my view, the IRS is treating omitted virtual currency transactions in the same manner it pursues foreign bank accounts of U.S. taxpayers,” Lewis Taub, a certified public accountant and director of tax services at Berkowitz Pollack Brant Advisors + CPAs told Yahoo Finance. “By asking the question on the top of the first page of the return, the IRS is making it clear that any income from gains or losses from virtual currency must be reported on the return.”The question will appear at the top of the 1040 form, right below a person’s name and address.The IRS has increased their investigations into cryptocurrency investments, getting digital currency exchanges to release information about investors activity.Among recent high-profile cases was software mogul John McAfee, who was accused of tax evasion using cryptocurrency in October, according to FOX News. 1922
The outcome of the presidential election remained in doubt one day after polls closed throughout the United States.As of Wednesday afternoon, Democratic presidential nominee Joe Biden had a slight advantage over President Donald Trump in electoral college votes, but several key swing states had yet to be called.A candidate needs 270 electoral college votes in order to claim the presidency. As of Wednesday afternoon, Biden had 248 Electoral College votes to Trump's 214.Just as it did in 2016, the outcome of the race will likely hinge on the results of three states — Wisconsin, Michigan and Pennsylvania. As of Wednesday afternoon, the race in Michigan and Pennsylvania is too close to call. The Associated Press projects Biden will win Wisconsin, and its 10 electoral votes. Michigan (16 electoral votes) appears poised to offer close to a final count in the hours ahead. However, officials in Pennsylvania have cautioned that due to a high volume of mail-in votes, it may take several days to determine a winner of their 20 electoral votes.In 2016, Trump won Michigan, Pennsylvania and Wisconsin by about 100,000 combined votes.During a virtual press conference on Wednesday, the state's chief election official, Meagan Wolfe, said that nearly all jurisdictions have posted initial vote counts. That count will remain unofficial until the election is certified on Dec. 1.Trump campaign manager Bill Stepien said in a statement Wednesday that the President plans to request a recount in Wisconsin.According to Wisconsin law, a candidate can request a recount if the margin of victory is within 1%. Those recounts are held at the county level.The western swing state of Nevada (six electoral votes) also remained too close to call. Nevada won't resume counting ballots until Thursday morning, and still needs to tally mail ballots received on Election Day. The state expanded mail-in voting for the 2020 election and will also continue to count mail-in ballots for the next week.Finally, though the majority of votes have been counted in Georgia (16 electoral college votes) and North Carolina (15 votes), the margins remain razor-thin. Trump currently holds narrow leads in both states.The state of Alaska, whose polls closed at midnight ET, also remains too close to call, but polling has indicated that Trump is favored in the state.In a virtual press conference on Wednesday morning, Biden campaign manager Jen O'Malley Dillon said her campaign is "on track" to claim the presidency. She said the Biden campaign believes it will prevail in Michigan, Wisconsin and Nevada, citing large numbers of outstanding mail-in ballots, which tend to skew Democratic.Though Michigan, Nevada and Wisconsin are yet to be called, should Biden claim those three states, he would reach the threshold of 270 electoral college votes needed to clinch the presidency.The Biden campaign also decried Trump's decision to falsely declare victory in a White House speech early Wednesday morning. In a statement, Biden campaign manager Jen O'Malley Dillon called Trump's comments "outrageous, unprecedented and incorrect." 3113
The National Hurricane Center said it is currently monitoring three storms that could potentially develop into tropical cyclones in the coming days, adding more anxiety to what has already been an extremely active hurricane season.One of the systems, located just off the North Carolina coast, became the 15th tropical depression of the Atlantic hurricane season Monday afternoon. The depression is expected to form into a tropical storm in the coming days, and pass to the north of Bermuda. The potential tropical storm is not expected to affect the United States mainland. The National Weather Service defines a tropical depression as a low-pressure system that is being fueled by warm, tropical water and is rotating around a "well-defined" center. Once these storms have sustained winds of at least 39 mph, they become a "named" tropical storm."Nana" is the name that will be given to the next tropical storm, followed by "Omar" and "Paulette." There have been 13 named storms so far this hurricane season. At this time last year, there had only been five named storms.A second system is brewing in the Caribbean sea. The system has a 70% chance of development in the next 48 hours, and could impact Jamaica,Honduras, Belize, Guatemala and the Yucatan later in the week.A third system emerging off the coast of Africa is not expected to develop in the next 48 hours, but has a 30% chance of becoming a tropical depression or storm later in the week.The developments come just days after Hurricane Laura made landfall in Louisiana, a storm that killed 14 people and caused extensive damage near Lake Charles and other towns in the western part of the state 1667