July 28, 2016

Page 5

by JERI CHADWELL-SINGLEY

What do you want to do before fall? aSked at ShIrley’S FarmerS’ market at SandS reGenCy, 345 n. arlInGton ave. CoCo rouSell Government employee

Before fall, I want to go to the hot springs. I’ve been to the one out in Sierraville, and I want to try the one in Carson City and the one in Genoa. Am I pronouncing that right? I’m not from Ne-vadduh. I want to do the hot springs. … And then, because I’m new—I just moved here in January—I want to go to Lake Tahoe. Ian SorenSen Radio DJ

I definitely would love to read more books. I’m trying to get into the classics as much as I can. And I definitely want to listen to more great music on 100.1 the X. Is that too much? Probably too much, right?

PIl ar aldeCoaotalor a Marketing professional

Their masters’ voices We have an observation about the Republican National Convention. Ted Cruz is taking a lot of grief for withholding his support from Donald Trump. Why haven’t a lot of Republican “leaders,” like Joe Heck, done the same? Where were their principles and good judgment? Now, on to the Democratic National Convention. This week is likely to give the party a rise in the polls, momentum for the campaign, and enthusiasm in the ranks. So it seems like a good time to remind everyone that this is not the Democratic Party of their grandparents—the party that championed the working poor and called the big boys to account. Rather, it is a corporate-funded party, and that funding has changed its ways. To be specific, while its presidential candidates were out on the campaign trail, with Bernie Sanders trying to return the party to its historic agenda, and Hillary Clinton trying to act like an economic populist, guess what was going on back in D.C.? Democrats like Charles Schumer—Harry Reid’s handpicked successor as party floor leader—and alleged liberal Barbara Boxer—who in May said she feared for her safety when Nevadans shouted at her—have been cooking up a scheme for the biggest corporate giveaway since the spectrum giveaway (“The great HDTV swindle,” RN&R, July 10, 2008). In one of those marvelous loopholes that come from nowhere, multinationals do not have to pay their U.S. taxes on foreign profits until they bring the money back home. As a result, a handful of corporations have “parked” their profits outside the country until they can extort a tax cut

from Congress. We are not making this up. More than $2 trillion in untaxed profits await “forgiveness” of taxes, and the party that has turned caving in to corporations into an art form is working hard to see that they get it. This was a chance for political reporters to illustrate the real-life consequences of the economic issues Sanders and Clinton were discussing, but that would have meant passing up stories on polls and campaign war chests, so you never heard about it. Thus, Schumer, Boxer and other Democrats were able to work in relative secrecy. To most folks, the logical remedy might have been to close the loophole to require prompt payment of foreign taxes. Boxer and Republican Rand Paul have proposed a one-time giveaway that would reduce the 35 percent tax rate—which is not actually paid at that level by many corporations—to 6.5 percent. President Obama wants to hold that down to 14 percent. Sen. Elizabeth Warren calls it a “giant wet kiss for the tax dodgers.” Who would benefit? Just a handful, including Apple, Cisco, Citigroup, Bank of America, Gilead Sciences, Google, JPMorgan Chase, Microsoft, Oracle, Qualcomm, Goldman Sachs. Wonder who would make up the loss? Work on the measure has now stopped. Ron Eckstein of Americans for Tax Justice told us, “Negotiations have continued, but there clearly will not be any legislation considered by Congress ... before the election.” The irresponsibility of Republicans in nominating Donald Trump should not give Hillary Trump and the Democrats a free ride. They need to be held accountable on this sellout before the election. Ω

I want to enjoy this beautiful weather with my family. Oh, we do stuff every week—take the kids swimming, golfing, tennis. Otherwise, I mean, it’s home duty over here. I do two things. One is keep the people that I take care of here happy, and then keep the family happy—balance them both. roberta hudSon Business owner

I want three days off in a row. We work seven days a week during the summer, going to farmers’ markets.

tehanI GuIeb Accountant

Huh. Man, right when people put me on the spot, it’s like I can’t think of anything. Normally I’m like, “I want to do this. I want to do this. I want to do this.” … I want to hike the Hunter Creek hiking trail—the waterfall. I want to pass my CPA exam. It’s on Monday—well, the first of four parts.

07.28.16

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July 28, 2016 by Reno News & Review - Issuu