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Changes to minimum tax to add $2.6 billion over five years for feds: PBO

Published Mon, 24 Feb 2025 01:16:34 GMT

OTTAWA — The parliamentary budget officer says the federal government’s proposed changes to the alternative minimum tax will generate an additional $2.6 billion in revenue over five years.The tax aims to ensure high-income earners and trusts don’t pay disproportionately less in taxes than other taxpayers. The Liberal government proposed in the 2023 budget changes to the alternative minimum tax so that the highest income earners pay the greatest share of the revenue generated from the tax.The changes, which come into effect in January 2024, would increase the minimum tax from 15 per cent to 20.5 per cent.At the same time, it would increase the amount that is excluded from the calculation from $40,000 to $173,000. While the budget watchdog finds the changes will lead to the highest-income earners paying the largest share, it does not find that to be the case with trusts.This report by The Canadian Press was first published Sept. 7, 2023. The Canadian Press<!– Phot...

Search for escaped Pennsylvania murderer enters eighth day

Published Mon, 24 Feb 2025 01:16:34 GMT

WEST CHESTER, Pa. (AP) — A murderer who made a brazen escape from a suburban Philadelphia jail yard was still on the lam Thursday as the search entered its second week.Residents who were under siege as heavily armed police hunted for the fugitive roaming their neighborhood for several days described frustration with the search and anxiety at being locked down.Danilo Souza Cavalcante, a 34-year-old from Brazil, escaped from the Chester County prison on Aug. 31 by scaling a wall, climbing over razor wire and jumping from a roof. The breakout wasn’t detected by guards for a full hour, authorities say. Considered extremely dangerous, Cavalcante has since been spotted at least six times. Authorities continue to move and expand their search perimeter — now a vast area filled with forests and thick brush — while residents remain on edge.Ryan Drummond, 42, had a harrowing encounter with the man believed to be the escapee when his home in Pocopson was broken into late Friday.After awaking to...

Cave rescue teams launch major operation to save American researcher in southern Turkey

Published Mon, 24 Feb 2025 01:16:34 GMT

ISTANBUL (AP) — Rescue experts from across Europe converged on a cave in Turkey on Thursday, launching an operation to save an American researcher who became trapped around 1,000 meters (3,000 feet) below the surface after suffering gastrointestinal bleeding.Experienced caver Mark Dickey, 40, suddenly became ill during an expedition in the Morca cave in southern Turkey’s Taurus Mountains, the European Association of Cave Rescuers said.Dickey, who had been bleeding and losing fluid from his stomach, is doing better, has stopped vomiting and has eaten for the first time in days, according to a New Jersey-based cave rescue group he’s affiliated with. It’s unclear what caused his medical issue.The New Jersey Initial Response Team said Dickey is “very sick” and is located about 1,000 meters below the surface. The rescue will require many teams and constant medical care, the group said. Communication takes about five to seven hours and is carried out by runners, who go from Dickey t...

This town is Florida's first LGBTQ+ sanctuary city

Published Mon, 24 Feb 2025 01:16:34 GMT

LAKE WORTH BEACH, Fla. (WFLA) - A south Florida town has become the first in the state to formally declare itself an LGBTQ+ sanctuary city.In a Lake Worth Beach city commission meeting Tuesday, members voted unanimously in favor of the decision, according to a report from NBC affiliate WPTV.City council members and advocates cited concerns from the community - particularly from parents, educators and students - regarding recently enacted legislation aimed at LGBTQ+ people. The expanded Parental Rights in Education law, which took effect in June, further limits the discussion of gender identity and sexual orientation in Florida classrooms. The restrictions originally went up to third grade, but now the law covers pre-K through eighth grade.Lake Worth Beach Mayor Betty Resch vowed to work with the city council to create a plan of action supporting LGBTQ+ people and helping them feel safe. Pinellas accounting manager stole over $700,000 from HOAs, deputies say "This is a crucial time...

American man stuck in Turkish cave after becoming 'severely ill' over 1,000 meters below surface

Published Mon, 24 Feb 2025 01:16:34 GMT

(NEXSTAR) – An American speleologist exploring the Morca Cave in Turkey is currently trapped at a depth of more than 1,000 meters after becoming ill during the expedition.Mark Dickey, 40, was co-leading an expedition on Saturday, Sept. 2, to map new passages within the Morca Cave — Turkey’s third-deepest — when he became “severely ill,” according to Gretchen Baker, the National Coordinator of the National Cave Rescue Commission (NCRC), an all-volunteer organization based in Huntsville, Alabama.Dickey, from New York, is the NCRC’s international exchange program coordinator, and has been teaching instructional classes on cave-rescue techniques for 10 years, Baker told Nexstar.“Currently, Mark is improving and is not as sick,” said Baker, who did not provide additional details on the cause of Dickey’s illness. 3 sailors safe after sharks nearly sink catamaran on round-the-world trip The European Cave Rescue Association (ECRA) provided slightly more information, publicly stating that ...

Hurricane Lee strengthens into Category 2 storm, expected to become major hurricane Thursday

Published Mon, 24 Feb 2025 01:16:34 GMT

TAMPA, Fla. (WFLA) — Hurricane Lee whirled through open waters on Thursday as forecasters warned it could become the first Category 5 storm of the Atlantic season.Lee was not expected to make landfall while on a projected path that will take it near the northeast Caribbean, although forecasters said tropical storm conditions are possible on some islands. Meteorologists said it was too early to provide details on potential rainfall and wind gusts. Hurricane Lee strengthens into Category 2 storm, Tropical Depression 14 forms in Atlantic The Category 2 hurricane was located about 870 miles east of the northern Leeward Islands. It had winds of up to 105 miles per hour and was moving west-northwest at 15 mph.Lee was forecast to develop into an “extremely dangerous” major hurricane late Thursday.“The environment around the cyclone looks ideal for rapid intensification,” the National Hurricane Center said.(WFLA)Life-threatening surf was expected to hit the Lesser Antilles on Friday and r...

Paxton impeachment: Whistleblower Ryan Bangert kicks off Thursday testimony

Published Mon, 24 Feb 2025 01:16:34 GMT

AUSTIN (Nexstar) — The historic impeachment trial of suspended Attorney General Ken Paxton is underway as senators weigh 16 articles of impeachment that accuse Paxton of abuse of office, bribery and corruption. A comprehensive guide to Ken Paxton’s impeachment trial KXAN’s Monica Madden is following the proceedings from the Senate Chamber and will bring updates live on X, formerly known as Twitter.Good morning from the TX Senate, where day 3 of Ken Paxton's impeachment trial is underway. Starting where we left off yesterday, w/ testimony from a far top OAG deputy, Ryan Bangert, who reported Paxton to the FBI. #txlege Watch live/read updates here: https://t.co/GuLY2GOcMG— Monica Madden (blue check) (@themonicamadden) September 7, 2023 Day three of the trial picked back up a little after 9 a.m. on Thursday, starting with prosecutor's second key witness — Ryan Bangert, a former deputy first assistant attorney general who also reported Paxton to the FBI.During the beginning of h...

Gear up for spooky season with Tiki Terror at The Apostle in St. Paul

Published Mon, 24 Feb 2025 01:16:34 GMT

It’s almost spooky season, and The Apostle Supper Club in downtown St. Paul is ready to offer up some scares.The midcentury-modern-themed restaurant across from the Xcel Energy Center is decking out its tiki bar, promising a “startling transformation into the eerie and enchanting realm of Tiki Terror,” beginning Sept. 13.The atmosphere will be reminiscent of Pirates of the Caribbean, a news release tells us, and they are offering some seasonal movies paired with a special menu on the patio, too.Specialty drinks at False Eye Doll tiki lounge in The Apostle Supper Club include an IV bag presentation. (Courtesy of The Apostle)Skeletons will hang from the bar ceiling, and there will be Halloween-themed specials, including a spiced rum-infused Pirate’s Booty cocktail, a Captain Red Beard rum mule and other specialty drinks like Pirate’s Grog and Walk the Plank. Each cocktail is served in a themed glass that you can take home. There will be Halloween beer-can glasses, IV-bag cocktail disp...

Castle of Terror coming to Schenectady Armory

Published Mon, 24 Feb 2025 01:16:34 GMT

SCHENECTADY, N.Y. (NEWS10) -- Armory Studios NY will be presenting the Castle of Terror, a frightening Halloween haunted house, held in the Schenectady Armory. The opening day is set for October 6 and will run through October 31. Get the latest news, weather, sports and more delivered right to your inbox! Fans of all things spooky will be able to test their bravery by traversing the halls of mad scientist Dr. Schenectenstein's laboratory. Patrons will make their way through grisly chambers, a "meat maze" and an abandoned hospital's gory operating room, while dodging the castle's ghastly undead occupants. “We expect The Castle of Terror to become a significant Capital Region Halloween tradition.” says Armory Studios NY co-owner Ray Legere. Fall Out Boy to perform at MVP Arena in Albany The Castle of Terror will feature blood-curdling performances by the MOPCO Improv Theatre. For those looking for a slightly less scary fall activity, the Armory will also be home to the Hollowed H...

Albany man pleads not guilty to vandalizing PD station

Published Mon, 24 Feb 2025 01:16:34 GMT

ALBANY, N.Y. (NEWS10) -- An Albany man pleaded not guilty to four counts of third-degree criminal mischief Thursday morning. Laquan Brown, 24, was arrested on Tuesday, August 22. Get the latest news, weather, sports and more delivered right to your inbox! An indictment handed up on September 1 alleged Brown had caused damage to the front door of the Albany Police South Station, as well as several police vehicles. Brown was released to the supervision of probation and is set to appear in court on October 4, 2023.