A tax break for owners of sports franchises would let the ex-Microsoft CEO claim about $1 billion of the team’s purchase price from the taxable income he makes over the next 15 years, said the report, published Sunday in the London newspaper (paywall, registration required).
via Report: Steve Ballmer Could Claim $1B in Tax Write-Offs For Buying Clippers | NBC Southern California.
The effect is the bidding for the 2022 Winter Games, which is now down to just two cities. The final vote comes next summer.
There’s Beijing, China, which doesn’t actually sit within 120 miles of a usable ski mountain, and there’s Almaty, Kazakhstan, which in its bid touted itself as “the world’s largest landlocked nation.”
via Why no one wants to host the 2022 Olympics – Yahoo Sports.
Essentially the only places interested in hosting the 2022 games are countries where actual citizens aren’t allowed a real say in things – communist China and Kazakhstan, a presidential republic that coincidentally has only had one president since it split from the old USSR in 1989.
Essentially the entire world has told the IOC it’s a corrupt joke.
Posted in Sports
Stock prices for Lockheed Martin, General Dynamics, Raytheon and Northrop Grumman set all-time record highs last week as it became increasingly clear that President Obama was committed to a massive, sustained air war in Iraq and Syria.
via Defense Contractors Are Making a Killing – The Intercept.
“It is time to put our sentencing policies in line with our values, reduce penalties for nonviolent, low-level drug offenses so we don’t put people in prison who need drug treatment,” Emanuel said in a statement his office will release publicly Tuesday. “It doesn’t make sense that one arrest for a very small amount of a controlled substance can lead to a lifetime of struggles, sending people in and out of prison and putting up barriers to getting a job or finding a place to live. We need action from Springfield.”
via Emanuel proposal: Decriminalize pot statewide – Chicago Tribune.
From: Poll: D.C. voters poised to legalize pot, elevating national debate over marijuana – The Washington Post.
The District’s black residents, who now account for half its population, once opposed marijuana legalization, partly out of fear it could lead to addiction among black youths. But as new studies have suggested otherwise, that attitude has evolved. One study last year showed that blacks account for nine out of 10 arrests for simple drug possession in the District, while another showed that was the case even as usage likely varied little among races.