Tag Archives: Firing

Inheritance tax could be in Rishi Sunak’s firing line: ‘Need to find more money’

Inheritance tax could be in Rishi Sunak's firing line: 'Need to find more money'

Chancellor Rishi Sunak is considering a hike on inheritance tax, reports have claimed in recent months as the UK looks to bounce back from the pandemic. In May, sources said Mr Sunak is “moving towards” a rise in inheritance tax as part of a raft of tax hikes to help pay the near £400billion Covid bill. The i newspaper spoke to Treasury figures who said the Chancellor is “minded” to target people’s estates and wealth to raise funds.

They said in May: “It is something the Chancellor is minded to do and is moving towards, but the timing remains uncertain.”

The Treasury currently collects £5.3billion a year from inheritance tax. Analysis from tax and advisory firm Blick Rothenberg shows that a one percent rise would raise around £130million extra a year, while a 5 percent increase would bring in an additional £650million.

Pension expert at Aegon, Steve Cameron, told Express.co.uk that inheritance tax hikes or reforms could be used to help pay for the UK’s social care.

He said: “I think reform on wealth taxes shouldn’t be discounted. I think this issue is likely to come back alongside proposals around social care funding.

“I think there is a general acceptance that we need a sustainable approach to funding social care.

“Once the Government comes up with proposals, it is highly likely that they will need to find more money, and you have to raise that from somewhere. Taxation is clearly one way of doing so.

“Rather than taxing a 20-year-old on their income to pay for social care for a 90-year-old who has their own house, it might be that inheritance tax could be a source of income.

“It wouldn’t be the most popular choice, a number of people really hate inheritance tax, but on the other hand, it is about this fairness point.

“It’s about is this a way of generating money to give the elderly a dignified later life with the care that they need.”

Resolution Foundation published a report in January which revealed that almost £800billion of assets held by Britain’s richest households had been missed by official measures.

READ MORE: State pension age ‘highly unlikely’ to be reduced

The data also uncovered a significant increase in wealth inequality, with a rise of the top one percent of households’ share of total wealth by over a quarter – from 18 to 23 percent.

Chief Economist at Resolution Foundation, Jack Leslie, told Express.co.uk in March that the Government should reform wealth taxes in order to raise funds.

He said: “The Government should fix the system that it has, make it fairer, and close the loopholes.

“You could raise billions without touching the headline rates, fixing the current system is a better approach than trying to introduce a whole new wealth tax.

“One of the really big trends in the economy over the last 30 years is that the overall value of the wealth people hold is worth around twice what it was 30 years ago.

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“But at the same time, taxes on wealth has stayed completely flat, so we are essentially taxing wealth half as much as we used to.

“That doesn’t seem to make much sense given we might need to find more money after this crisis, and wealthy people can probably afford to pay more.

“It makes sense that the people who are less likely to have lost their jobs and faced health risks, it does make sense that wealthy people can should pay more in the future.”

The Office of Tax Simplification published a report in November, commissioned by the Chancellor, that suggested wealth taxes including capital gains could be used to recoup funds.

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This post originally posted here Daily Express :: Finance Feed

Some locals believe firing Coronado basketball coach doesn’t go far enough

Some locals believe firing Coronado basketball coach doesn’t go far enough

The fallout continues over an incident that many are calling racist, at a Coronado championship game that ended with people throwing tortillas at Orange Glen High.

CORONADO, Calif. — There is still a lot of heated reaction regarding the firing of the Coronado High School basketball coach. Some are surprised at the firing while others say that action does not go far enough.

David Roberts was at the CIF championship game Saturday, where his former Coronado High School basketball team faced off in overtime against Orange Glen High School of Escondido, who lost by 3 points. 

Roberts said that all game long, tensions were high and tortillas brought by a fan were then thrown by other fans and team members at the mostly Hispanic Orange Glen team. 

Those were actions that the Coronado team captain Wayne McKinney apologized for.

“The throwing of the tortillas after the game and the scuffle was unsportsmanlike and inexcusable, and on behalf of the team we apologize for the action,” McKinney said.

Also at the Coronado Unified School District meeting, the board voted unanimously to fire the Boy’s Basketball Head Coach JD Laaperi.

“We are excited about the first step, which was to fire the coach because the coach is the gravity of all the incidents that happened on Juneteenth,” said Yusef Miller of the San Diego Racial justice coalition.

News 8 reached out to Coach Laaperi for a response, but he did not respond. 

“He got fired, and there’s nothing I can do about it. If people want to bring him back that’s up to them, but you know in this day in age when it comes to racial stuff, it’s very reactive,” said David Roberts, a former Coronado High School Basketball team Center, who said he won the Sportsmanship Award last year when his team also played in the CIF Championship.

While some Coronado students argue the tortillas thrown had no racial intent, others differ and say firing the coach is not enough, the students need to be held accountable and some wish for their CIF winning title to be stripped.

“This is bigger than just bad sportsmanship. That’s racist, and they need to be held accountable, so that all these other schools that think it’s funny to make fun of the team’s race, now you know what is coming and you can get in trouble,” said Maya Figure, an Orange Glen Alumni of the Class of 2019.

Activist Shane Harris calls this a teachable moment.

“That’s a good first start, I think Coronado needs to invest in a restorative justice round table, and I have already been in talks with the San Diego County Office of Education, and they have agreed to provide the space for that dialogue to happen between both teams,” Harris said.

Miller said there needs to be a policy and curriculum change.

The Escondido Union High School District will hold a special board meeting Thursday at 5:45 p.m. to bring forth a resolution denouncing racism.

WATCH RELATED: Community outraged after Coronado High students throw tortillas at Orange Glen athletes after basket (June 2021)

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This post originally appeared on CBS8 – Sports

Johnny Depp ‘is mischaracterised’: His Pirates co-star on Fantastic Beasts firing and more

Johnny Depp ‘is mischaracterised’: His Pirates co-star on Fantastic Beasts firing and more

Asked what he thought of Depp being fired from Fantastic Beasts 3, Ellis said: “Part of it is the fear of media. 

“Whether it be broadcast, whether it be movie studios, whether it be publishing, there is a fear that the perception of someone is negative, so they don’t want to be associated with that.

“I do find it ironic that a man who is revered and loved and respected by so many people in the entertainment industry – and have nothing but great things to say about him – should be forcibly removed from a movie.”

As for a Hollywood return, the 53-year-old reckons that the Jack Sparrow star will be back in some form before too long.

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This post originally appeared on Daily Express :: Entertainment Feed

South Carolina Lawmakers Vote to Add Firing Squad to Executions List

South Carolina Lawmakers Vote to Add Firing Squad to Executions List

South Carolina is among 24 states where the death penalty remains law. In the past 16 years, 11 states have rescinded capital punishment, Mr. Dunham said, including Virginia, which in March became the first Southern state to do so. Governors have also imposed death penalty moratoriums in California, Oregon and Pennsylvania.

At the courthouse level, prosecutors have been increasingly reluctant to seek the death penalty, and juries increasingly unwilling to impose it. The decline in death sentences has been dramatic: Fewer than 50 have been imposed in the United States in each of the last six years, Mr. Dunham said, a marked difference from the mid-1990s, when the total number of yearly sentences sometimes exceeded 300.

Gallup polling from late last year showed that public support for the death penalty was at its lowest level since the early 1970s, although still popular with a majority of Americans, with 55 percent of respondents saying they approved of capital punishment for convicted murderers.

After years without a federal execution, Mr. Trump’s administration oversaw 13, more than a fifth of the prisoners who the Bureau of Prisons says were on death row. President Biden, by contrast, campaigned on a promise to end the death penalty for federal inmates and encourage states to follow suit.

In articulating his support for ending capital punishment, Gov. Ralph Northam of Virginia, a Democrat, noted the vast racial disparity in how it was imposed in his state: Roughly 79 percent of the inmates who were executed were Black. “Ending the death penalty comes down to one fundamental question, one question: Is it fair?” Mr. Northam said.

A similar imbalance exists across the country, including in South Carolina; in the 284 executions carried out by the state since 1912, almost three-quarters of the inmates were Black.

The state now has 37 men on death row, with three who have exhausted all appeals, officials said.

“Those families of victims to these capital crimes are unable to get any closure because we’re caught in this limbo stage,” William Weston J. Newton, a Republican state lawmaker, said during the House debate.

Author: Richard Fausset and Rick Rojas
This post originally appeared on NYT > U.S. News

Sharpshooter: UFC superstar Chimaev takes to firing range with heavy weaponry ahead of octagon return (VIDEO)

Sharpshooter: UFC superstar Chimaev takes to firing range with heavy weaponry ahead of octagon return (VIDEO)

Khamzat Chimaev might be classified as a lethal weapon inside of the octagon but the surging UFC star has once again showed off his fondness for something a bit more high-caliber as he await potential summer return.

After a stunning showing of three wins (in two weight classes) in the span of just 66 days last year, it had seemed as if Chimaev’s path to MMA superstardom was unfurling in front of his eyes.

One by one they came, with John Phillips, Rhys McKee and then Gerald Meerschaert quickly defeated by the Chechen-born Swede before they could even muster any real offence of their own. 
Also on rt.com All guns blazing: UFC sensation Chimaev fires MACHINE GUN on visit to Chechen homeland after meeting Kadyrov (VIDEO)
He was primed to announce his arrival as a serious threat to the summit of the welterweight division when he was paired with top contender Leon Edwards late last year, but a Covid diagnosis – and the subsequent recovery thereof – meant that the wheels slowed on Chimaev’s march towards UFC gold.

UFC boss Dana White revealed that Chimaev’s recovery was being delayed because the ultra-active fighter just couldn’t stay out of the training room and allow his body an opportunity to recover, and if White might have prescribed a new hobby for the fighter to keep him mind off things, it seems like he has found it.

Footage posted to Chimaev’s Instagram account Friday afternoon showed ‘Borz’ firing a high-power submachine gun at a shooting range – the latest such instance which shows his fondness for high caliber weaponry.

In January, during a visit to his native Chechnya Chimaev met with local leader and well-known MMA fan Ramzan Kadyrov where he once again was offered the opportunity to fire a machine gun at a shooting range – though this footage has since been deleted from Chimaev’s Instagram page.

And Khamzat isn’t the only undefeated fighter to have done just this, after Floyd Mayweather did the same in Grozny in 2018 after attending a combat sports event with Kadyrov. 
Also on rt.com ‘Natural born sniper’: Mayweather takes shooting practice on Chechen trip to meet Kadyrov (VIDEO)
The latest footage, however, suggests that Chimaev has fully recovered from Covid-19 ahead of his return to training and next fight, which is tipped to take place in July.

No name, date or location has yet been announced this time around – but Chimaev will certainly be hoping that he won’t be firing blanks in his comeback fight.

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A.D.L. Calls for Tucker Carlson's Firing Over 'Replacement Theory' Remarks

A.D.L. Calls for Tucker Carlson's Firing Over 'Replacement Theory' Remarks

The Anti-Defamation League called on the Fox News host Tucker Carlson to resign in an open letter published on Friday, accusing him of giving “an impassioned defense of the white supremacist ‘great replacement theory.’”

Mr. Carlson, in an appearance on Fox News on Thursday, referred scornfully to the term “white replacement theory,” which describes a racist conspiracy theory[1] popular in far-right circles, while arguing that the Democratic Party was “trying to replace the current electorate, the voters now casting ballots, with new people, more obedient voters, from the third world.” He added that naturalized citizens were “diluting” the political power of him and other Americans.

“Everyone wants to make a racial issue out of it, ‘Ooh, the white replacement theory,’” Mr. Carlson went on. “No, no, no, this is a voting rights question. I have less political power because they are importing a brand-new electorate. Why should I sit back and take that? The power that I have as an American, guaranteed at birth, is one man, one vote. And they are diluting it.”

The A.D.L. letter, signed by Jonathan A. Greenblatt, the Jewish advocacy group’s chief executive, said that the language by Mr. Carlson “was not just a dog whistle to racists — it was a bullhorn.”

“This is not legitimate political discourse,” read the letter, addressed to Suzanne Scott, the chief executive of Fox News[2]. “It is dangerous race-baiting, extreme rhetoric And yet, unfortunately, it is the culmination of a pattern of increasingly divisive rhetoric used by Carlson over the past few years.”

Asked on Friday, a representative for Fox News declined to comment beyond highlighting Mr. Carlson’s remarks that said the matter was a voting rights question.

Mr. Carlson has previously claimed that white supremacy is a “hoax,”[3] and prominent companies distanced themselves[4] from his show last summer after comments he made about Black Lives Matter protests.

“This may be a lot of things, this moment we are living through,” Mr. Carlson said at the time. “But it is definitely not about Black lives, and remember that when they come for you. And at this rate, they will.

The “replacement theory” is predicated on the notion that white women are not having enough children and that falling birthrates will lead to white people around the world being replaced by nonwhite people.

An analysis published this week[5] found links between the theory and those arrested in connection with the storming of the Capitol on Jan. 6.

“You see a common pattern in the Capitol insurrectionists,” said Robert Pape, a professor of political science at the University of Chicago. “They are mainly middle-class to upper-middle-class whites who are worried that, as social changes occur around them, they will see a decline in their status in the future.”

Chris Cameron

Firing blanks: Cristiano Ronaldo and Bruno Fernandes need own goal from Azerbaijan – ranked 108th in the world – for World Cup win

Firing blanks: Cristiano Ronaldo and Bruno Fernandes need own goal from Azerbaijan – ranked 108th in the world – for World Cup win

Cristiano Ronaldo is toiling to reach Ali Daei’s record for the most international goals of all time – failing to score despite playing 90 minutes against a side ranked 103 places below Portugal as his country labored to victory.

Playing at Juventus’s stadium in Turin, where Ronaldo has scored many of the goals that have taken him to the top of the goalscoring charts in Italy, Portugal relied on a piece of first-half misfortune from Azerbaijan veteran Maksim Medvedev to sneak past the visiting minnows 1-0 in 2022 World Cup qualifying.

The Portugal captain cut an increasingly frustrated figure against the team ranked 108th in the world, misfiring on several occasions as the side with one win in 18 matches came close to securing one of the most famous results in their history.

Manchester United midfielder Bruno Fernandes, who has been arguably the best player in the English Premier League this season, was unable to inspire any of his teammates to score against the massive underdogs who they once beat 7-0.

As they desperately tried to break down a defense that conceded twice to Luxembourg and Montenegro last year, Portugal were forced to introduce Joao Felix, the 21-year-old Atletico Madrid starlet and subject of the fourth-highest transfer fee of all time.

The 21-year-old cost $ 155 million when he joined the LaLiga leaders, but was unable to convert that spectacular price tag into a goal against the team that is level with Estonia and slightly behind the Faroe Islands and Mozambique in the standings of football nations.

Ronaldo has now scored just once in his last six international appearances – a single goal in a 7-0 win over Andorra in November – in a sharp decline from his previous run of 16 goals in 11 matches, remaining seven goals short of Iran legend Daei’s record of 109 strikes.

“We have the habit of underestimating some selections by their name,” Portugal midfielder Joao Palhinha admitted to RTP afterwards.

“I don’t think the game was easy. Nowadays there are no easy games. Now we must recover, analyze what we have done and be 200 percent against Serbia [on Saturday].”

Portugal boss Fernando Santos described his sluggish side as being wasteful with passes and showing “little variation.”

“Azerbaijan started to believe and found space to go out and play,” he conceded. “We allowed three or four approaches on our goal.

“Of course, I expected to win with another performance. Now let’s look at what we did and think about Serbia.”

Hugely experienced Italian-Albanian manager Gianni De Biasi said he was “disappointed” that his Azerbaijan players had not secured a point or three in their bid to qualify for the 2022 World Cup.

“We tried to play our football only in the second half,” he said. “Never say never. Football is made of dreams and we can qualify.”
Also on rt.com Ronaldo and Pirlo will BOTH be at Juventus next season, says Pavel Nedved

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