Saving investment – PSP Oste http://psposte.org/ Fri, 28 May 2021 19:05:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://psposte.org/wp-content/uploads/2021/05/cropped-icon-32x32.png Saving investment – PSP Oste http://psposte.org/ 32 32 COMMENT: Awaiting repayment of my student loan | Notice https://psposte.org/comment-awaiting-repayment-of-my-student-loan-notice/ https://psposte.org/comment-awaiting-repayment-of-my-student-loan-notice/#respond Wed, 07 Apr 2021 23:16:32 +0000 https://psposte.org/comment-awaiting-repayment-of-my-student-loan-notice/

It’s also worth remembering that the $ 7,000 I paid to go to college was in 1970s, when a brand new German executive car with a big chrome peace symbol on the hood cost. about as much. Adjusted for inflation, that’s $ 46,948.53 in today’s money.

While a non-technical degree certainly doesn’t guarantee a living wage, at least one of them will be able to discuss Hegel’s impact on revolutionary ideas with other baristas while handing out Seattle’s best at Tres Chic Café.

Poor little me, my degrees weren’t technical so I worked for a while in manufacturing and other relatively low paying jobs.

So how did I get a job at a solid fuel rocket manufacturing plant designing manufacturing processes for aerospace and nuclear missiles and working on projects involving engineering, rocket fuel, electronics, l ablation, reliability statistics, Reynold numbers and more?

I joined the military and spent 40 hours a week for two years studying subjects I never thought I could master, for free!

That’s a lot of credit hours, and no college professor has ever stood on my desk and yelled in my face if I gave the wrong answer. No college has ever mandated a study hall all weekend for anything less than splendid grades.

And these real jobs have allowed me to pay off my student loans.


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How to watch Post Malone on ‘Pokémon’ day: ‘Pokémon 25’ virtual concert, time, broadcast https://psposte.org/how-to-watch-post-malone-on-pokemon-day-pokemon-25-virtual-concert-time-broadcast/ https://psposte.org/how-to-watch-post-malone-on-pokemon-day-pokemon-25-virtual-concert-time-broadcast/#respond Wed, 07 Apr 2021 23:16:17 +0000 https://psposte.org/how-to-watch-post-malone-on-pokemon-day-pokemon-25-virtual-concert-time-broadcast/

There is nothing quite like waking up one day and learning that “Pokémon” is officially 25 years old.

That’s right – all of those monsters you’ve tried to catch through various video and card games are now technically old enough to rent a car (the ones with opposable thumbs and feet, anyway).

To celebrate this important anniversary (and possibly also to ease the pain of the fast passing time), the folks at “Pokémon” are throwing an entire year of music celebrations for fans, along with some exciting and brand new announcements. shenanigans. And to start things is none other than Post Malone.

On Saturday, February 27, Post Malone will perform in a virtual concert for “Pokémon” fans around the world starting at 7:00 p.m. EST. The Texan-bred star has already given audiences a taste of what’s to come for this performance by releasing a cover of “Only Wanna Be with You” by Hootie & the Blowfish ahead of the event.

“We’re kicking off our one-year ‘P25 Music’ program with a virtual concert that only ‘Pokémon’ and Post Malone could bring you,” says the official website of the event. “This big online party is an exciting opportunity to bring together Pokémon and music fans from around the world. It will be a wild celebration of 25 years of “Pokémon”, with a lot of unexpected surprises in store. “

Post Malone’s performance on ‘Pokémon Day’ will be shown on all of the brand’s affiliate channels, all of which you can find below:

What: Virtual concert “P25 Music”

Who: Post Malone

When: Saturday February 27

Time: 7 p.m. EST

Flux: Youtube, Tic, Pokemon.com/25


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What is happening in Myanmar and how did we get here? https://psposte.org/what-is-happening-in-myanmar-and-how-did-we-get-here/ https://psposte.org/what-is-happening-in-myanmar-and-how-did-we-get-here/#respond Wed, 07 Apr 2021 23:16:08 +0000 https://psposte.org/what-is-happening-in-myanmar-and-how-did-we-get-here/

With great fanfare – but few guests – Myanmar’s armed forces recently celebrated their 76th anniversary in the national capital of Naypyitaw.

Only Russia, China, Thailand and a handful of other Asian countries sent representatives to attend the March 27, 2021 parade showing Myanmar’s modern war machines – mostly imported from Russia and China in the past. decade, to the tune of US $ 2.4 billion (AU $ 3.15 billion).

The Burmese army has terrorized civilians since a coup two months earlier. On the day of the parade, soldiers killed more than 90 people for protesting against the military regime, including a 5-year-old boy and three teenagers. An estimated 564 people have been killed in Myanmar since the February 1 coup.

One of the poorest countries in Asia, Myanmar spends twice as much on defense as it does on education and health combined. With half a million troops, at least on paper, Myanmar has the 38th most powerful army in the world, according to Global Fire Power, which ranks 140 countries on their ability to wage war.

Myanmar’s military has not always been a repressive force. It began as a beloved liberating force founded to end colonial rule.

How was the first national army born?

Burma’s First National Army emerged from World War II and the quest for independence.

Led by a group called the “30 Comrades” who received military training from the Japanese, “the Burmese Independence Army has allied with Japan to fight the British. Everyday people sold their gold to support this revolutionary force.

The Burmese Independence Army drove the British out in 1941. The Japanese then occupied Burma, fighting Britain, the United States and other Allied forces from this strategic location in Southeast Asia.

Soon, however, the Burmese army also wanted Japan to leave Burma. It was the same for many Burmese. Thousands of ethnic and religious minorities from rural border areas have joined the army.

Historically, these minority groups had kept their distance from the Buddhist majority in the country, called Bamar, and from each other. The British maintained and reinforced these ethnic divisions as a tactic to maintain their colonial rule.

But during the 1940s resistance movement against the Japanese, everyone was united behind the Burmese army, according to my research, including women.

In 2007, I interviewed the first five female soldiers who joined the struggle for the independence of Burma.

“When the resistance movement started, we were ready to give everything, including our lives,” Daw Khin Kyi Kyi, then 80, told me.

The women underwent military training, traveled to villages near the army camps to explain why the army was now fighting the Japanese, and convinced locals to offer food and shelter to the soldiers. The women also enlisted locals to spy on Japanese troops.

Why did the civil war start?

The Japanese surrendered to Allied forces in 1945 and withdrew from all occupied territories, including Burma.

This put Burma back in British hands, with promises of full sovereignty.

However, before the British granted Burma independence, they demanded that the country’s rulers in Bamar prove that its many minority groups also wanted independence as a nation. Burmese Revolutionary Army leader Aung San called a summit in the city of Panglong with leaders of various ethnic groups to negotiate the foundations of a unified and independent Burma.

However, the Karen, a predominantly Christian population in the southeast of the country, had previously been promised British aid to establish their own free state. Karen leaders refused to join the 1947 Panlong Agreement.

Burma became independent in 1948. The following year, elite Karen troops staged an armed revolt against the new national government.

Since then, the Myanmar army, called Tatmadaw, has essentially existed only to fight against Myanmar’s minorities.

What happened after independence?

For about a decade after independence, Burma had a democratic government. But the army was more powerful. Between 1962 and 2010, Burma was a military dictatorship. The military regime has endured occasional uprisings, spectacle elections and several coups d’état in which one group of generals overthrew another.

Civil war is costly, which is why Myanmar has developed a war economy. At first, he financed his battles with rice exports and loans from the United States and the Soviet Union. Over time, the Burmese army has taken root in the global economic system.

In 1962, the military junta regime established Burma Trade Limited in central London as a “legitimate” international broker. The military also mined and sold jade, mainly in areas that were home to repressed ethnic minorities and profited from a bustling opium trade in Burma.

This army-controlled economy made Burmese generals richer, but the money did not translate into national economic growth. In 1987, the United Nations classified Burma among the “least developed countries” of the world.

Children in white tops and green pants hang outside a very crowded bus;  other children are sitting on the bus

The name of Burma was changed to Myanmar in 1989.

What is happening today?

Today Myanmar’s economy is almost entirely controlled by the military, from telecommunications to drugs. The military’s sprawling commercial networks – which some rights groups call “cartels” – have protected the generals from attempts at democratization.

In 2008, for example, the Myanmar military approved a new constitution formally granting 75% of seats in parliament to civilian politicians and reserving 25% to military officials.

Unofficially, however, the military largely continued to rule the nation. This included a relentless crackdown on minority groups, including the Karen – who maintained their insurgency for seven decades – and Rohingya Muslims.

The 2015 elections were meant to mark a turning point in this quasi-democratic system. Aung San Suu Kyi, daughter of revolutionary Aung San and leader of a previous democratic uprising, and her National League for Democracy won in a landslide.

Suu Kyi has been criticized for not standing up to the military, especially in his attacks on the Rohingya. Despite this, she was deposed in the February 2021 coup and is now being held in an unknown location. Some dissidents are fleeing to Karen territory and other rebel-controlled ethnic areas to escape the military.

As Myanmar’s death toll rises, international pressure grows for countries to impose tougher sanctions on the junta and for companies to stop trading. Japanese beer Kirin and a German company that supplies Myanmar mint are among those that have severed ties with Myanmar.

Meanwhile, civil disobedience inside the country continues. Stifling funding for the military could give protesters and the fallen civilian government a fighting chance.The conversation

Tharaphi Than is Associate Professor in the Department of World Languages ​​and Cultures at Northern Illinois University


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Pass the peso | Global finance magazine https://psposte.org/pass-the-peso-global-finance-magazine/ https://psposte.org/pass-the-peso-global-finance-magazine/#respond Wed, 07 Apr 2021 23:15:53 +0000 https://psposte.org/pass-the-peso-global-finance-magazine/

The Philippine central bank is helping commercial banks get rid of bad loans in order to jumpstart economic recovery.

Most central bankers insist that their country’s banks get rid of bad loans, but don’t offer much help. Not Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, which received applause from Philippine banks for the promulgation, on February 16, of the law on the strategic transfer of financial institutions (FIST), which allows bad or doubtful debts to investors.

Speaking on Zoom at the end of March, BSP Governor Benjamin E. Diokno announced the law’s promise to increase critical liquidity supplies. In 2020, the Philippines saw its GDP decline by 9.5%, the biggest drop since the launch of the indicator.

The Bankers Association of the Philippines (BAP) has also expressed support for the bill, which allows a new type of special purpose vehicle – a FIST company, or FISTC – to acquire and manage non-performing assets ( NPA), including loans, from financial sources. institutions. FISTCs can also hire third parties to manage and dispose of them. To tempt investors, FISTCs benefit from various tax and fee reductions – a capital gains exemption on land transfer and a 50% reduction on registration and mortgage transfer fees, to quote two examples. The BAP expressed hope that the law would allow banks to increase lending to spur economic recovery.

Luke Furler, a Singapore-based partner and director of restructuring at AJCapital, remains skeptical. “It’s a familiar strategy deployed by both governments and individual banks,” he said, pointing to Thailand and Ireland. But “it just separates the dirty laundry from the rest,” he warns. “The often overlooked reality is that an NPL needs a lot more management than a performing loan.” In addition to advising borrowers to “realize” their debt profile, he recommends early engagement with lenders to ensure rapid restructuring. “And then turn your mind to preparing for the next time this happens,” he says. “What would you do differently?”


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PPP loan approvals, Comcast data cap, Trump Plaza casino demolition https://psposte.org/ppp-loan-approvals-comcast-data-cap-trump-plaza-casino-demolition/ https://psposte.org/ppp-loan-approvals-comcast-data-cap-trump-plaza-casino-demolition/#respond Wed, 07 Apr 2021 23:15:38 +0000 https://psposte.org/ppp-loan-approvals-comcast-data-cap-trump-plaza-casino-demolition/

Thousands of Small Business Paycheck Protection Program loans have already been processed in the first week of the renewed Small Business Administration Program. Last week, the SBA only looked at loans from financial institutions that work with underserved communities. Al Titone, the district manager for the SBA in New Jersey, says it appears many Garden State companies have applied. Specific figures for New Jersey are not yet available, but the SBA says it has processed about 60,000 loans nationwide.

Comcast’s plans to put a data cap on Internet users in New Jersey have prompted some state lawmakers. Comcast sets a cap of 1.2TB, and if customers exceed that amount, they will be charged a higher fee. Senator Troy Singleton and Members of the Assembly Herb Conaway and Carol Murphy have asked Comcast to reconsider, saying the plan was inappropriate and insensitive, especially with so much remote work and schooling during the pandemic.

Billionaire investor Carl Icahn has denied plans for an auction house to solicit bids to blow up the former Trump Plaza casino in Atlantic City, which he owns. Ichan has sent Bodnar’s auction house a cease and desist order, saying the demolition scheduled for January 29 would be a public spectacle and a potential safety risk. Bodnar’s was seeking submissions as a fundraiser for the Boys and Girls Club of Atlantic City. Instead, Icahn will donate to the group. A new demolition date for Trump Plaza, once owned by former President Trump, is expected to be announced later this week.


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Toddler suffers 2nd and 3rd degree burns in Oxford home daycare fire https://psposte.org/toddler-suffers-2nd-and-3rd-degree-burns-in-oxford-home-daycare-fire/ https://psposte.org/toddler-suffers-2nd-and-3rd-degree-burns-in-oxford-home-daycare-fire/#respond Wed, 07 Apr 2021 23:15:38 +0000 https://psposte.org/toddler-suffers-2nd-and-3rd-degree-burns-in-oxford-home-daycare-fire/

A toddler suffered severe burns in a fire that swept through a home day care center in Oxford on Monday, officials said.

Authorities were alerted by a 911 call at around 12:35 p.m. about the fire in the daycare structure at 43 Watch St. As they made their way to the one-story ranch-style home, the first responder learned there was a burn, Oxford Fire. Chef Laurent R. McDonald told MassLive.

Webster EMS and the Auburn, Oxford and Leicester firefighters arrived at the scene shortly before 12:45 p.m., when a police officer took responsibility for providing medical assistance to the burn victim, a 14 month old boy, according to McDonald’s. .

The boy, a child of a client at the day care center, suffered mainly from second-degree burns and third-degree burns, mainly to the chest area, the fire chief said.

The toddler was rushed to UMass Memorial Medical Center in Worcester, where he continues to receive treatment for his burns, authorities say.

There were two adults and three children inside the house when the fire started. The boy was in a bedroom at the time, officials said.

According to McDonald’s, one of the adults in the house kept the fire from spreading by throwing water into a half-gallon Brita pitcher.

“This action put out the fire,” he said. “I know that half a gallon of water doesn’t ring a bell, but during a fire like this it can help a lot.”

The blaze was confined to the small room it started in, but the house still suffered fires, smoke and water damage, according to the fire chief.

“I can’t put a dollar loss on it. It wasn’t very large, ”said McDonald.

The cause of the fire is still under investigation.


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G7 plans to increase climate finance for COP26 – EURACTIV.com https://psposte.org/g7-plans-to-increase-climate-finance-for-cop26-euractiv-com/ https://psposte.org/g7-plans-to-increase-climate-finance-for-cop26-euractiv-com/#respond Wed, 07 Apr 2021 23:15:38 +0000 https://psposte.org/g7-plans-to-increase-climate-finance-for-cop26-euractiv-com/

British Chancellor Rishi Sunak met with G7 finance ministers and central bank governors on Tuesday April 6 to discuss the role of finance in supporting the net zero transition and implored developed countries to step up efforts to generate $ 100 billion in annual revenue to support developing countries tackle the climate crisis. Reports Edie.net, EURACTIV media partner.

Chancellor Sunak hosted the finance ministers’ meeting as part of the UK’s G7 presidency. Accompanied by Bank of England Governor Andrew Bailey, the Chancellor implored nations to set themselves and move towards net zero goals.

The meeting was also used to discuss the importance of developed countries in meeting the commitment to mobilize $ 100 billion in annual funds to help developing countries mitigate the effects of the climate crisis while integrating technologies and low carbon markets.

Under the UNFCCC, developed countries have pledged to fund $ 100 billion per year by 2020, but developed countries have not honored this commitment, with as little as $ 70 billion provided during the last years. Some of the funding has also been issued in the form of repayable loans, rather than grants, meaning developing countries will have to repay at some point.

The meeting was the first in a series of high-level political discussions taking place this week that will feature the main discussions ahead of COP26 in November this year. Later this week, Sunak is expected to call on the G20 to support the International Monetary Fund in mainstreaming climate change into its financial activities.

Further discussions should also encourage banks, including multilateral development banks, to align with the tracks of the Paris Agreement.

Some have already started this journey. the Net zero asset managers initiative Now covers more than a third of assets under management worldwide, after the listing of 43 big names, including BlackRock and the Vanguard group.

The initiative, which commits members to achieving zero net funded emissions by 2050 or earlier, announced over the weekend that it now has more than 70 members, collectively representing $ 32 billion in assets under management. .

The meeting also saw discussions take place on improving climate-related financial reporting and increasing support for the creation of global standards for sustainability-related financial reporting.

The UK government, for example, is considering creating a legal obligation for UK private companies to describe and disclose climate-related risks to their business, in line with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD), with a mandate that can come into effect next year.

Large swathes of the UK financial sector will be subject to these new demands, including major pension schemes, life insurance providers and asset managers.

In fact, the government this week sent a letter to the Financial Conduct Authority (FCA) and the Prudential Regulation Committee (PRC), which oversee financial services companies, imploring them to report on the net zero goal as part of the framework. an update of the resets.

This follows the publication of the updated mandates for the Bank of England’s Monetary Policy Committee (MPC) and the Financial Policy Committee (CPF) in the 2021 budget, which again seeks to enshrine net zero in financial decision-making.


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Pandemic worsens hunger among displaced people around the world – world https://psposte.org/pandemic-worsens-hunger-among-displaced-people-around-the-world-world/ https://psposte.org/pandemic-worsens-hunger-among-displaced-people-around-the-world-world/#respond Wed, 07 Apr 2021 23:15:38 +0000 https://psposte.org/pandemic-worsens-hunger-among-displaced-people-around-the-world-world/

With the COVID-19 lockdown robbing many jobs and income, a growing number of refugees and asylum seekers are going hungry.

By Jenny Barchfield | March 31, 2021

By the time Kimberly Virguez finally made the heartbreaking choice to leave her native Venezuela, widespread food shortages there had left her 15 pounds lighter. In Peru, where she applied for asylum, she quickly regained the upper hand.

But then the COVID-19 pandemic struck. Kimberly lost her job and she and her husband had to start skipping meals to get enough to feed their growing twins. After months of eating just once a day, Kimberly reflects again on what she did when she left Venezuela in 2018.

“We are absolutely desperate.”

“It’s terrible because you can’t do anything. The cupboards are empty, but because of the restrictions you can’t go look for a job and earn money for food,” said Kimberly, who lost. her job as assistant chef. as the virus began its lethal spread across Latin America in March 2020. She was then fired from another position she had briefly held before Peru locked down a second time in January.

“We are absolutely desperate,” she said.

Situations like Kimberly’s are unfolding around the world, with coronavirus restrictions costing hundreds of millions of jobs around the world and plunging countless numbers into financial collapse. Amid the recession, displaced people – who are sometimes forced to flee their homes with little more than they can carry – are particularly vulnerable to food insecurity and malnutrition. Having scratched the best they could over the past year, many now find themselves in dire straits, having to skip meals, queue at soup kitchens, or resort to begging or searching for leftover food. food.

“No country has been spared” the ravages of the coronavirus pandemic, said a recent report by the World Food Program (WFP) and the International Organization for Migration, examining the close links between hunger and displacement in the world. The report notes that most of the displaced live in urban areas, where the economic impact of COVID-19 has been most pronounced and where they are often the first to lose their jobs in times of crisis.

WFP estimates that as a result of the pandemic, some 270 million people could be acutely food insecure by the end of 2020, roughly double the 135 million who would have been food insecure in Africa. 2019 – a record year for hunger. And given that around 80% of the world’s displaced people are in areas affected by high levels of malnutrition and acute food insecurity, the pandemic has exacerbated an already desperate situation.

Lockdowns worsen hunger for displaced Afghan families

Putting food on the table has been a struggle for Chinar Gul, 45, since 2016, when a rocket hit her home in Kunduz, Afghanistan, killing her husband and forcing her to flee to the capital, Kabul, with his five children. Without her husband, who had been the main breadwinner in the family, Chinar had no choice but to send her 10-year-old son to look for food that local hotels threw away.

The family survived on these donations until the pandemic, when hotels in Kabul closed as the city was stranded to stem the spread of the virus.

“After that, we had problems,” Chinar said. “During confinement, we missed one or two meals a day. I just gave my kids water and told them I would give them food later.

Today, Chinar’s 10-year-old son spends his days picking up trash they can burn to keep warm, while the family relies on food donations from their neighbors. When the neighbors have nothing to spare, “we sleep hungry at night,” Chinar said.

Even before COVID-19, decades of conflict, recurring natural disasters and a weak economy had gradually eroded the ability of millions of Afghans to feed themselves. At the start of the pandemic, the country was already facing one of the world’s most serious food crises, and by the end of the year 16.9 million people – or 42% of the Afghan population – were facing to a “crisis”. or “emergency” levels of food insecurity. It is estimated that nearly half of all children under five are at risk of acute malnutrition this year.

In response, UNHCR and other humanitarian organizations pledged to provide food and other life-saving aid to 15.7 million Afghans in need by 2021.

Reducing food rations aggravates the difficulties

Aid is also essential to help prevent displaced people in East Africa from going hungry, especially at a time when COVID-19 lockdowns have seen small business and casual labor incomes dry up. , but recent funding gaps have led to food ration cuts for more than 3 million refugees in the region. UNHCR and WFP have warned that the cuts – which have seen rations cut by more than half in some countries – could lead to an increase in the incidence of malnutrition, anemia and stunting in children.

“The pandemic has been devastating for everyone, but even more so for the refugees,” said Clementine Nkweta-Salami, director of UNHCR’s regional office for the East, Horn of Africa and the Great Lakes. “Unless more funds are made available, thousands of refugees – including children – will not have enough to eat.”

“We used to eat twice a day. Now we eat once.”

This is already the case for Vicky Comfort, a 17-year-old South Sudanese girl living in Rhino Camp refugee camp in northwestern Uganda. Her family of six has been dependent on food rations since she ran away from home. But amid a $ 77 million funding gap for operations in Uganda – which hosts Africa’s largest refugee population – WFP has been forced to cut food aid to some 1.27 million refugees. in February, by 40%.

“We used to eat twice a day. Now we eat once,” Vicky said, adding that she had noted the effects of reducing the family’s food intake on her health. “I have lost weight and my immunity is low. I always get sick from a poor diet.”

In addition to skipping or cutting down on meals, UNHCR’s Nkweta-Salami said cuts in food rations led refugees to resort to various other “negative coping strategies,” including taking out high-interest loans. , selling their goods and sending children to work.

“There is often a desperation and a feeling of not having an alternative,” she said.

Basirika Doro, a 26-year-old South Sudanese woman living in Imvepi refugee camp, also in northwestern Uganda, said the experience of hunger led her family to rethink their decision to leave South Sudan.

“It always forces us to think about our country of origin and ask ourselves if we hadn’t fled to this camp, maybe life would be better,” she said.

Report by Abdul Basir Wafa in Kabul; Peter Eliru in Rhino Camp refugee camp in Uganda; Vincent Kasule in the Imvepi refugee camp in Uganda.


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Walz’s revised budget cuts some tax hikes, makes some PPP loans and unemployment benefits tax-exempt – WCCO https://psposte.org/walzs-revised-budget-cuts-some-tax-hikes-makes-some-ppp-loans-and-unemployment-benefits-tax-exempt-wcco/ https://psposte.org/walzs-revised-budget-cuts-some-tax-hikes-makes-some-ppp-loans-and-unemployment-benefits-tax-exempt-wcco/#respond Wed, 07 Apr 2021 23:15:38 +0000 https://psposte.org/walzs-revised-budget-cuts-some-tax-hikes-makes-some-ppp-loans-and-unemployment-benefits-tax-exempt-wcco/

ST. PAUL, Minnesota (WCCO) –Governor Tim Walz is abandoning some of his proposed tax increases and giving tax breaks to small businesses and Minnesota residents who have received additional unemployment benefits, according to his revised budget plan released Thursday.

It cuts its proposed tax increases from $ 1.66 billion to $ 670 million, which include the elimination of its increase in cigarette and inheritance taxes and reducing an increase in the corporate tax rate from 11.25% to 10.8%. Additional taxes on the richest Minnesotans stay.

READ MORE: Minnesota Legislature Passes ‘Jonny Law’ Prohibiting Discrimination In Transplantation

The plan would also make the first $ 350,000 of paycheck protection loan companies received from the federal government exempt from state taxes. Up to $ 10,200 in additional unemployment benefits would also be tax free. The Minnesota Senate has passed its own bill to address these issues, exempting all paycheck protection loans from state tax liability and 18% of unemployment benefits for certain income levels.

About 90% of PPP loans in Minnesota were less than $ 350,000 and would qualify for full tax exemption under the governor’s proposal, according to a press release from Walz’s office.

“With the recent good news that Minnesota is now projecting a positive budget balance, we recommend additional investments to support working families, ensure students catch up with their learning, and help small businesses stay afloat while stimulating economic recovery. Walz said in a statement. .

The move responds to an improving financial outlook for Minnesota. State budget forecasters in February predicted a swing of nearly $ 3 billion in the next biennial state budget Deficit of $ 1.3 billion for a surplus of $ 1.6 billion. Walz updated his budget proposal for lawmakers to reflect the changes.

READ MORE: Governor Walz set to sign bill to expand medical cannabis program

Its revised plan does not take into account the roughly $ 2.6 billion that the state is expected to receive in state government aid – in addition to money for other programs – of the $ 1.9 trillion federal COVID-19 stimulus package, which means its budget could still be revised.

Walz’s budget would replenish the state’s reserve accounts when he previously called on lawmakers to raise $ 1.53 billion to fund state priorities. He also suggests expanding eligibility for tax credits for working families and establishing a sickness and safety leave program that would guarantee workers up to 48 hours a year on paid leave.

But the proposal is almost certain to face opposition in the legislature, where Republicans control the Senate and have doubled down on their refusal of any tax hikes. Senate Republicans in their budget targets published this week did not include any tax increases and 5% reductions in government administrative costs. House LDF has not yet detailed its financing plan.

“We have billions of dollars available to fully protect workers and businesses from unnecessary tax hikes, and to make sure the government does not take advantage of allowances meant to help Minnesotans,” said the parliamentary minority leader. Kurt Daudt, R-Crown, in a statement.

NO MORE NEWS: Walz announces $ 75 million in federal funds for COVID assistance to go to summer programs

Lawmakers will need to reach agreement on the next two-year state budget before the session adjourns.


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Year of the Great Deer in Alabama https://psposte.org/year-of-the-great-deer-in-alabama/ https://psposte.org/year-of-the-great-deer-in-alabama/#respond Wed, 07 Apr 2021 23:15:38 +0000 https://psposte.org/year-of-the-great-deer-in-alabama/

Alabama Wildlife and Freshwater Fisheries (WFF) reports an unusual harvest of large Virginia males at the end of this season on February 10, with real giants appearing on social media and reported in the state’s “Game Check” app , who succeeded hunters are required to report their catches.

Chris Cook, the WFF Deer Program Coordinator, said many factors are likely involved in increasing the number of harvests as well as the quality of the males harvested. Cook said COVID-19 restrictions played a role in increasing the harvest of all deer. Many people have discovered or rediscovered many outdoor activities, including hunting, as they have had much more free time due to the closure of workplaces and schools, remote working and remoteness social required.

“We saw it during turkey season last year,” Cook said. “More people were hunting because of the working hours.”

As any seasoned hunter knows, spending more time in the woods is often the key to making quality dollars. The use of game cameras to establish movement patterns, more and more prevalent every year, is undoubtedly another factor, allowing hunters to discover large deer that they would never have known otherwise.

Once the giant male reveals himself to the camera, it is then possible for the hunter to focus on shaping the animal’s movement, looking for scratches, chafing, and regularly used trails where it might be. possible to get closer.

Even then, time spent in the woods is generally a key factor, and many hunters in this last Covid-modified year had more time available to spend in the woods than ever before.

Environmental conditions that improved deer habitat likely also contributed to an increase in the deer harvest, Cook said.

“We’ve had a good two years of above average rainfall,” he said. “In some areas we had a lot of flooding, which made deer hunting difficult. Some deer that would normally have been harvested were not killed. The other benefit of all this rain is food production. Such difficult hunting conditions for a few years and good growing conditions probably made the deer a little older and in better condition. At the start of the season, people were saying they couldn’t remember seeing such good body weights.

“Another factor that could play a role in this situation is complementary feeding. When feeding became legal last year, we had a 14 percent increase in the harvest. But I wouldn’t attribute the corn to the increased quality of the deer.

Alabama’s deer herd is estimated to be between 1.25 million and 1.5 million animals. As Game Check numbers and telephone survey data are analyzed for county-level harvest along with age and gender ratios, Cook said WFF will be able to update its population estimates. There are about 190,000 licensed deer hunters in the state, and they typically take about 200,000 animals in total all seasons combined.

“We have areas where the deer population is declining and other areas with more deer than they have ever had,” Cook said. “Places with good habitat will have good deer populations. Our deer herd appears to be in good health. It will be interesting to see what the phone survey numbers are, but it looks like the harvest has gone well this year, which I think will be an indicator of two things – we have more deer, but I think it also shows that people spent more time hunting.

For more details, visit www.outdooralabama.com.


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