WASHINGTON — For more than a year, politicians have been fighting over whether to raise taxes on high-income people. They rarely mention that affluent Americans will soon be hit with new taxes adopted as part of the 2010 health care law. The new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income, including interest, dividends...
New Taxes to Take Effect to Fund Health Care Law
Label: LifestyleWASHINGTON — For more than a year, politicians have been fighting over whether to raise taxes on high-income people. They rarely mention that affluent Americans will soon be hit with new taxes adopted as part of the 2010 health care law. The new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income, including interest, dividends...
Bits Blog: Facebook Likely to End Experiment With Democracy
Label: TechnologyA half-million Facebook users have told the social network they do not want the company to change its privacy policy. Sounds impressive, right? Well, the only way that crowd will get its way and the status quo remain intact is if an additional 300 million people vote thumbs down before Monday. Odds of that happening? About zero.Facebook says the changes to the policy are minor and beneficial for users....
Changes to Agriculture Highlight Cuba’s Problems
Label: WorldHAVANA — Cuba’s liveliest experiment with capitalism unfolds every night in a dirt lot on the edge of the capital, where Truman-era trucks lugging fresh produce meet up with hundreds of buyers on creaking bicycle carts clutching wads of cash. “This place, it feeds all of Havana,” said Misael Toledo, 37, who owns three small food stores in the city. “Before, you could only buy or sell in the...
Dec
07
Queens Doctor Is Charged in 2 Patients’ Deaths
Label: HealthA doctor accused of running a prescription pain medication mill out of a basement office in Queens was charged with manslaughter on Thursday in the deaths of two former patients. John Marshall Mantel for The New York TimesDr. Stan Xuhui Li, center, in court Thursday. Dr. Li is charged with manslaughter for prescribing pain medicine for medically unsound reasons to 20 patients. Seven later...
Dec
06
McAfee Antivirus Software Pioneer Arrested in Guatemala City
Label: BusinessMEXICO CITY — The antivirus software pioneer John McAfee was arrested in Guatemala City on Wednesday after he slipped over the border from his home in Belize where police want to question him in their investigation of the murder of his neighbor. Jorge Dan Lopez/ReutersJohn McAfee spoke during an interview in Guatemala City on Wednesday. The interior minister,...
Antismoking Outlays Drop Despite Tobacco Revenue
Label: HealthFaced with tight budgets, states have spent less on tobacco prevention over the past two years than in any period since the national tobacco settlement in 1998, despite record high revenues from the settlement and tobacco taxes, according to a report to be released on Thursday. Paul J. Richards/Agence France-Presse — Getty ImagesState antismoking spending is the lowest since the 1998...
Antismoking Outlays Drop Despite Tobacco Revenue
Label: LifestyleFaced with tight budgets, states have spent less on tobacco prevention over the past two years than in any period since the national tobacco settlement in 1998, despite record high revenues from the settlement and tobacco taxes, according to a report to be released on Thursday. Paul J. Richards/Agence France-Presse — Getty ImagesState antismoking spending is the lowest since the 1998...
Apple to Resume U.S. Manufacturing
Label: TechnologyFor the first time in years, Apple will manufacture computers in the United States, the chief executive of Apple, Timothy D. Cook, said in interviews with NBC and Bloomberg Businessweek. “Next year, we will do one of our existing Mac lines in the United States,” he said in an interview to be broadcast Thursday on “Rock Center With Brian Williams” on NBC. Apple, the biggest company...
Britons Are Warned of Lingering Austerity
Label: WorldAndrew Winning/ReutersA closed business in London. A nonpartisan agency monitoring the data said it expected the economy to shrink this year. LONDON — Britons, many already weary of government austerity budgets that some economists say are impeding the country’s recovery, are going to have to wait even longer for relief. The architect of the austerity program, George Osborne, the chancellor...
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