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Wisconsin Gov. Promises To Use Internet Sales Tax To Lower Income Tax

It sounds like a nice idea, if you don’t own a calculator. The governor of Wisconsin wants to give his residents a tax break, using the revenue from a proposed Internet Sales tax to lower the state’s income tax. “I want to make clear, should federal Marketplace legislation become law, my intention would be for any resulting additional revenue be used to provide individual income tax relief for Wisconsin’s taxpayers,” Wrote Governor Scott Walker to members of Congress. The Marketplace Fairness Act will permit state governments to collect sales taxes from any business that both grosses more than $1M in revenue and has a substantial operating base in their region. Earlier this month, a draft of the bill passed the U.S. Senate with overwhelming bipartisan support, but faces tougher opposition in the House, where Republican leadership is concerned that the law will be a logistical nightmare for small businesses. Although, I wouldn’t get too excited. With 5 million residents in Wisconsin ...

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Found 1 month ago on channel TechCrunch

GOP Senator Jim Inhofe: Obama could be impeached over Benghazi

The top-ranking Republican on the Senate Armed Service Committee Senator Jim Inhofe (R-Okla.), has said that President Obama could be impeached over Benghazi. He said on Thursday that Benghazi would "go down as most serious cover-up in American history."

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Found 1 month ago on channel DigitalJournal.com

Messaging App Line's Kawaii Characters Get Their Own Cartoon Series In Japan

Line’s animated characters, which helped it become one of Asia’s top messaging apps with more than 120 million users, now have their own cartoon series. The TV show, called “LINE TOWN,” premiered on Tokyo TV Channel 6 last week (h/t Asiajin). “Line Town” features half-hour-long episodes and a prime 6:30PM to 7:30PM slot, and has already been picked up for syndication on BS Japan. According to Asiajin, the series also has the distinction of having a theme composed by Japanese pop idol and actress Shoko Nakagawa, the former presenter of Pokemon Sunday. Tech In Asia found a “Line Town” clip on YouTube: This is not the first time the characters from the NHN Japan messaging app have popped up on television. In January, a 5-minute long animated short featuring the characters called “Line Offline: Salaryman” was broadcast on Tokyo TV. Line’s characters, which users can add in the form of animated “stickers” to their messages, are among a host of innovative features, including ...

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Found more than 1 month ago on channel TechCrunch

Republican lawmakers seek details on Beyonce, Jay Z Cuba trip

Two Republican members of Congress have asked the U.S. Treasury Department for information on what type of license American pop star Beyonce and rapper husband Jay Z obtained for a high-profile trip to Cuba to celebrate their wedding anniversary.

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Found more than 1 month ago on channel Reuters

Obama Wants To Fund Clean Energy Research With Oil & Gas Funds

An anonymous reader writes "The Obama Administration has put forth a proposal to collect $2 billion over the next 10 years from revenues generated by oil and gas development to fund scientific research into clean energy technologies. The administration hopes the research would help 'protect American families from spikes in gas prices and allow us to run our cars and trucks on electricity or homegrown fuels.' In a speech at Argonne National Laboratory, Obama said the private sector couldn't afford such research, which puts the onus on government to keep it going. Of course, it'll still be difficult to get everyone on board: 'The notion of funding alternative energy research with fossil fuel revenues has been endorsed in different forms by Republican politicians, including Alaskan senator Lisa Murkowsi. But the president still faces an uphill battle passing any major energy law, given how politicized programs to promote clean energy have become in the wake of high-profile failures of government-backed ...

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Found more than 1 month ago on channel Slashdot