NEW YORK — New York investigators suspect a second accounting firm has information on tax filings by the Trump Organization, new court papers reveal. In a letter filed in Manhattan Supreme Court, Trump Organization lawyer Lawrence Rosen discussed Attorney General Letitia James’ interest in seeking documents from RSM, a firm that says it provides audit, tax and consulting services. Rosen’s letter was included in a filing by James’ office last week. In the letter, dated March 14, Rosen complains of James’ request that the Trump Organization “must do more and faster” to hand over documents releva...
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Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce criticism during a cost-of-living crisis.
On the second day of the ruling Conservative Party's annual conference, finance minister Kwasi Kwarteng tweeted he was "not proceeding" with the removal of the top 45-percent income tax rate, adding it had become a "distraction".
"It is clear that the abolition of the 45p tax rate has become a distraction from our overriding mission to tackle the challenges facing our country. As a result, I'm announcing we are not proceeding with the abolition of the ... rate.
"We get it, and we have listened."
The announcement also came after former cabinet ministers Grant Shapps and Michael Gove voiced opposition over unfunded tax cuts unveiled by Kwarteng in his controversial mini-budget on September 23.
Kwarteng had proposed to remove the 45-percent rate applied to Britons earning more than £150,000 ($167,400) per year.
The so-called mini budget had sent the pound plunging to a record dollar low and sent bond yields spiking on fears of a borrowing splurge.
The budget included a costly freeze on energy bills for individuals and businesses, in an attempt to cushion fallout from key gas producer Russia's invasion of Ukraine.
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Brazil’s presidential race will need to go to an October 30th second round after former president Luiz Inácio Lula da Silva fell short of the 50%+1 he needed to avoid a run-off with extremist incumbent Jair Bolsonaro.
Brazilians voted Sunday in a historic presidential election, with leftist front-runner Luiz Inacio Lula da Silva, who led in the pre-election polls, winning but still short of the 50% he needed to avoid a runoff election.
There are fears the far-right incumbent Jair Bolsonaro will not accept a defeat after he warned that he will only leave office if he's "killed, jailed, or victorious" and has called on his base to "go to war" if the vote is "stolen."
Bolsonaro took an early lead as results started coming in but in 2014, when Lula's leftist party last won a presidential election, it only took the lead after two hours of vote counting. Results from Brazil’s poorer northeast, Lula's stronghold, take longer to be counted.
Lula eventually took the lead when 70.00% of the vote was counted.
With 98.04% of the vote counted at 8:45pm EDT:
With 70.00% of the vote counted at 7:02pm EDT:
EARLIER: With 63.45% of the vote counted at 6:54pm EDT:
EARLIER: With 46.46% of the vote counted at 6:35pm EDT:
Lula went into Sunday ahead of Bolsonaro in pre-election polls with 50 percent to 36 percent, according to the final poll from the Datafolha institute.
To win outright and avoid a runoff on October 30th: 50% + 1 votes are needed.
Polls closed at 5:00pm local time (20.00 GMT) or 4:00pm EST.
Official results can be found here: latest Brazil Election Results
Sacheen Littlefeather, the Native American activist and actress who was booed in 1973 as she refused an Oscar on behalf of Marlon Brando, has died aged 75, the Academy of Motion Picture Arts and Sciences said Sunday.
The Academy announced her death in a tweet that quoted Littlefeather as saying: "When I am gone, always be reminded that whenever you stand for your truth, you will be keeping my voice and the voices of our nations and our people alive."
Two weeks ago, the Academy held a ceremony at its new Los Angeles museum honoring Littlefeather and publicly apologizing for her treatment at the Oscars ceremony nearly 50 years ago.
Littlefeather, who is of Apache and Yaqui heritage, was booed at the 1973 Academy Awards -- the first to be broadcast live around the world -- while explaining on Brando's behalf why he would not accept his Best Actor Oscar for "The Godfather."
Brando had asked Littlefeather to decline the award for him in an act of protest against the treatment of Native Americans by the film industry.
"I went up there, like a proud Indian woman with dignity, with courage, with grace, and with humility," Littlefeather said at the museum event.
"I knew that I had to speak the truth. Some people may accept it. And some people may not."
She said Western star John Wayne had to be restrained from physically assaulting her as she left the stage.
Littlefeather, a member of the Screen Actors' Guild, subsequently found it difficult to get work in Hollywood, with casting directors warned not to employ her.
Asked by reporters ahead of the ceremony how she felt about having to wait so long to hear the word "sorry," Littlefeather was philosophical.
"It's never too late for an apology," she said.
"It's never too late for forgiveness."
© 2022 AFP