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February 22, 2020
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Reuters - Business

Amazon, Flipkart seek rollback of new Indian tax on online sellers

Reuters
NEW DELHI (Reuters) – Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters. FILE PHOTO – A shipment moves on a......
Reuters - Business

Amazon, Flipkart challenge new Indian tax on online sellers

Reuters
NEW DELHI (Reuters) – Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to a document seen by Reuters. FILE PHOTO – A shipment moves on......
Reuters - Business

Despite $1 trillion deficits, Trump tax cuts will still ‘pay for themselves’: Mnuchin

Reuters
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin insisted on Wednesday that President Donald Trump’s tax cuts will still pay for themselves over 10 years, even as the administration forecasts near-term deficits close to $1 trillion. U.S. Treasury Secretary Steven Mnuchin waits to testify before a Senate Finance Committee hearing......
Reuters - Business

Trump’s $4.8 trillion budget gets chilly reception from Congress

Reuters
WASHINGTON (Reuters) – President Donald Trump’s $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed his promise to protect popular health and safety-net programs. The White House presented the budget as a blueprint for the president’s policy......
Reuters - Business

Trump budget proposes $150 million for creation of uranium reserve

Reuters
WASHINGTON (Reuters) – President Donald Trump’s 2021 budget proposed $150 million for the creation of a U.S. uranium reserve as the administration seeks to help struggling producers of the fuel for nuclear power reactors. FILE PHOTO: U.S. Secretary of Energy Dan Brouillette speaks with journalists during a roundtable in Rio......
KHN

For 2020, California Goes Big On Health Care

KHN
California is known for progressive everything, including its health care policies, and, just a few weeks into 2020, state leaders aren’t disappointing. The politicians’ health care bills and budget initiatives are heavy on ideas and dollars — and on opposition from powerful industries. They put California, once again, at the......
New York Post

Cuomo outplays de Blasio again, this time in the budget wars

NYPost
New York Post – For more and to sign up click here It took seven years, but Mayor Bill de Blasio has finally done the unthinkable: propose a city budget whose spending only increases modestly, in line with inflation. Hizzoner isn’t wrong, then, to say that the city’s immediate fiscal......

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