Sentences with phrase «interest loophole in»

Patriotic Millionaires Letter to Cuomo Calling for Closure of Carried Interest Loophole in the Budget % 5bJa... by Nick Reisman on Scribd

I recently discovered an interesting loophole in Amazonland that seemingly lets you use a Kindle for a year and then return it for a full refund.

Not exact matches

In particular, a White House official told Axios that Trump would call to end «the special - interest loopholes that have only benefited the wealthy and powerful few» so the president could pay for tax cuts.

And paid fairly, based on the value of their work in a free market, not a market distorted by special interest loopholes and exemptions.

The report argues that the current lack of rules around third parties creates a huge loophole in financing limits — essentially, anyone who wants to spend a ton of money to influence an election can simply channel it away from parties, corporations and unions and instead pour it into an interest group.

Said Barbara Roper, director of investor protection of the Consumer Federation of America: «By closing loopholes in the current regulations and subjecting all retirement investment advice to a fiduciary duty to act solely in the best interests of the client, a well - crafted DOL rule has the potential to save millions of Americans billions of dollars each year.

Candidate Trump signaled that closing the loophole was critical to restoring fairness to the system: «The rich will pay their fair share» he said in a speech in Detroit last August, adding he would «eliminate the carried interest deduction and other special interest loopholes that have been so good for Wall Street investors, and for people like me, but unfair to American workers.»

There would be no special interest tax loopholes and the government would not be picking winners and losers in the market.

I understand that the OWS movement is looking to minimize economic disparites via handfull of measures — IE: revoke the laws that grant corporations «personhood», cut the Delaware loophole that allows conflicts of interest, and separate commercial and investment banking systems like the U.S. did in the early 20th century.

But the fundamental nettle is: If an outside force such as the NDC can penetrate the NPP camp now in the home turf in Ghanaian politics, what is the guarantee that a future NPP government can not be penetrated by other outsiders who will definitely see the loopholes to use against Ghana's interests?

The latest tax - the - rich argument is coming from Independent Democratic Conference Leader Jeff Klein in the state Senate, who wants to close what's known as the carried interest loophole, which benefits wealthy hedge funds.

In addition to the more high - profile policy issues in the budget talks, the IDC's resolution also includes an elimination of the personal income tax for New York City residents earning $ 45,000 and less, efforts to make college more affordable and reduce student debt and support for a multi-state effort to close a «loophole» in carried interesIn addition to the more high - profile policy issues in the budget talks, the IDC's resolution also includes an elimination of the personal income tax for New York City residents earning $ 45,000 and less, efforts to make college more affordable and reduce student debt and support for a multi-state effort to close a «loophole» in carried interesin the budget talks, the IDC's resolution also includes an elimination of the personal income tax for New York City residents earning $ 45,000 and less, efforts to make college more affordable and reduce student debt and support for a multi-state effort to close a «loophole» in carried interesin carried interest.

But Lipton also said there is «more to do,» like restoring «progressivity» to the state's tax code, closing the carried interest tax loophole, and investing in a new «social contract» on public education that ensures full funding for schools — including universal pre-K (an early de Blasio priority)-- and restoration to the public university system to pre-recession levels.

They have called on Alistair Darling, as host of the conference, to take a lead in championing the interests of poor countries by spearheading the closure of such tax loopholes - which it says cheat developing countries out of # 160 billion annually.

Justice minister Jonathan Djanogly has been stripped of his powers after it emerged he created a loophole in the law which could have benefited his family's complex business interests.

Tedisco also became the first Capital Region lawmaker to sign the «Clean Conscience Pledge» (photo attached) sponsored by Common Cause NY to support real ethics reform that includes closing the LLC Loophole for campaign finance reform, full disclosure in how legislative leaders spend tax dollars, and limiting outside income for legislators to reduce conflicts of interest.

A loophole in electoral law in the United Kingdom means that although anyone donating even small sums of money to a political party has to declare this as a matter of public record, those loaning money at commercial rates of interest did not have to make a public declaration.

Also in the news: Cuomo has pulled in more campaign cash under the so - called «LLC loophole» — a donation category dominated by the real - estate interests most likely to benefit from «economic development» pork — than the entire Legislature.

The MTA needs a dedicated revenue stream through a new and permanent tax on millionaires in the regions served by mass transit, as well as cash raised from the closure of the carried interest loophole.

«Independent expenditures tend not to be particularly as big in New York as say the LLC Loophole or housekeeping accounts,» said Blair Horner of The New York Public Interest Research Group, referring to political party accounts not subject to the same campaign finance limits as candidate campaigns.

Omni Military Lending Agrees to Stop Making Loans In Excess of New York's Interest Rate Caps Today, New York State launched a crackdown on high - interest loans made to military personnel by closing the «Fort Drum LoopholeInterest Rate Caps Today, New York State launched a crackdown on high - interest loans made to military personnel by closing the «Fort Drum Loopholeinterest loans made to military personnel by closing the «Fort Drum Loophole.»

Cuomo in the past has pushed issues such as a publicly funded elections and closing the «LLC loophole» in state election law that allows vast giving by real estate interests, but has been unsuccessful — in large part due to opposition from the state Senate Republican majority.

De Blasio's trip comes after he traveled to Washington last spring to launch a national campaign called the Progressive Agenda to push for changes in national economic policy, including a $ 15 minimum wage, closing the carried - interest tax loophole and national paid sick leave and paid family leave.

In 2010, the New York legislature passed an executive budget proposal offered by Cuomo's predecessor, Democratic Gov. David Paterson, that was supposed to end the «carried interest» loophole — which allows hedge - fund and private - equity managers living in other states and working in New York to avoid paying state income taxes on investment profitIn 2010, the New York legislature passed an executive budget proposal offered by Cuomo's predecessor, Democratic Gov. David Paterson, that was supposed to end the «carried interest» loophole — which allows hedge - fund and private - equity managers living in other states and working in New York to avoid paying state income taxes on investment profitin other states and working in New York to avoid paying state income taxes on investment profitin New York to avoid paying state income taxes on investment profits.

At 11:30 a.m., A broad coalition will gather in the state capitol to rally in support of expanding the millionaire's tax and closing the carried interest loophole, two key measures that would raise billions in new revenue from the wealthiest New Yorkers.

Patriotic Millionaires, a group of self - described high - net - worth Americans, is backing a proposal in Albany that would close the so - called carried interest loophole.

During the legislative session that's slated to end Wednesday, groups backed by some of the same unions have ramped up attacks against state Senate Republicans for refusing to close another quirk in campaign finance law, the so - called «LLC loophole,» that allows real estate interests to use limited liability companies to vastly multiply the power of their giving.

«Addressing the negative impact that the Citizens United decision has had on our democracy is important,» Stewart - Cousins said in a statement to Gotham Gazette, «but also we must take action to fix our own glaring campaign finance and ethics issues in New York State such as closing the LLC Loophole which also allows special interests to contribute endless amounts of money.

Furthermore, the bill, which was passed in a state budget agreement in early April, fails to lower sky - high campaign contribution limits, close campaign funding loopholes, or mandate greater disclosure of independent expenditures by special interest groups.

Sumberg went on to slam the former hedge fund manager for what he has dubbed the «Wilson Tax,» which is the «carried interest loophole for hedge fund and private equity managers who don't pay the same rate on their earnings as everyone else in New York.»

The LLC loophole was created by the Board of Elections in 1996, and has allowed special interests to spend tens of millions of dollars since.

Bill Mahoney, research coordinator for the New York Public Interest Research Group, said that if New York's corporate contribution overall limit is lifted, «All corporations will now be treated as LLCs already are, creating a massive new loophole in the state's already porous campaign finance system.»

He believes in public campaign financing, term limits, banning outside income, and closing the LLC loophole that allows interest groups to avoid contribution limits.

The loophole has allowed special interest groups to funnel tens of millions of dollars into political campaigns, sometimes in secret, and circumvent contribution limits that individuals would otherwise have to follow, according to the Brennan Center, which has sued New York's Board of Elections to try to force it to close the loophole.

That's meant that the so - called LLC loophole — an industry favorite that allows property owners and other private interest groups to pour unlimited amounts of cash into political campaigns though multiple limited liability companies — has remained in place.

The «LLC loophole,» which permits large business interests to set up an unlimited number of «paper» companies in order to bypass contribution limits, has been a frequent target for liberals like Mr. Schneiderman in recent months.

The carried interest loophole is the poster child for money overcoming logic and decency in our

The Times noted that the unpublicized loophole was crucial to the appearance that mayoral candidate Christine Quinn could broker deals in the interest of both businessmen and labor advocates.

Reaction is coming in after New York Governor Andrew Cuomo introduced legislation to end what's known as the carried interest loophole, a measure long sought by the left of the governor's Democratic Party.

Feds plug loophole that prevented credit card rates from falling — The Federal Reserve fixed a problem in the wording of the Credit CARD Act that would have made consumers wait 45 days if they wanted reduced interest rates... (more)

This approach raises an interesting question about breed specific legislation in that the government animal control and sheltering facility, the same one intended to regulate this law, is the organization that is finding creative loopholes to work around it.

«My concern is that we're providing a loophole in the statute for individuals that want to use this as an opportunity to go out and satisfy [lost audio] they get pleasure from going out and just shooting what are now defined as feral animals just for the pleasure of killing the animal... This is a bill that's been brought to us now, in its amended form, just today, and we haven't had a chance to hear from the Humane Society, from other individuals or agencies that have an interest in this.

- Fix up the missing loopholes in character bios - Make sure the flow of the main story is on track - Implement new ideas in the main story to make it interesting enough - Come up with dialogue for the NPCs and main characters - Come up with weird but exciting side missions for the player to do

Early evidence presented in this report suggests that there are many regulatory grey zones and loopholes that are at risk of being exploited by corrupt interests.

«I think it would be in everyone's interest to find some common ground and find a regime that is constitutional, that protects solicitor - client privilege, but also ensures that law firms don't end up being a loophole.»

As in all areas of the law, when one loophole begins to close, those with an interest in circumventing it, will always find another way round.NLJ

Moreover, in a significant loophole, corporate trustees — which will be the norm in the offshore arrangements of interest to the authorities and third parties — are not explicitly catered for.

This so - called loophole is, in fact, a fundamental principle of our company law, enunciated long ago by the House of Lords in their decisions in Salomon v A Salomon & Co Ltd [1897] AC 22, [1895 - 9] All ER Rep 33 and Macaura v Northern Assurance Co Ltd [1925] AC 619, [1925] All ER Rep 51 — that a company has a legal existence separate from its shareholders even when one individual controls all of its shares, and that the shareholders have no interest in the company's assets.

An interesting loophole appeared in the array of policies offered by many insurance companies.

An economic blueprint Trump released in September says the president - elect would end the carried - interest loophole for Wall Street.