07-03-2020  6:47 am   •   PDX and SEA Weather
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NORTHWEST NEWS

Police Union Contract Extended, Bargaining to Continue

Negotiations will resume in January 2021.

Inslee Heckled Off Stage During Tri-Cities Appearance

Speaking outdoors in Eastern Washington, the governor was repeatedly interrupted by hecklers as he urged residents to wear masks to prevent the spread of the coronavirus.

Portland Police Declare Riot, Use Tear Gas

Several arrests were made as protests continued into early Wednesday morning.

Oregon Legislature Passes Police Reform Package Amid ‘Rushed’ Criticism

Six new bills declare an emergency in police protocol and are immediately effective. 

NEWS BRIEFS

Trump Blows His Twitter Dog Whistle on America’s Fair Housing Policies in the Suburbs

The president could be Tweeting on unemployment or COVID-19 infections but instead pushes housing discrimination ...

Zeta Phi Beta Sorority Awards Historic $100,000 Founders' Centennial Scholarship

Zeta celebrates 100 years with largest single recipient scholarship awarded by a historically Black Greek-lettered sorority or...

Nominations Being Accepted for the Gladys McCoy Lifetime Achievement Award

Gladys McCoy Lifetime Achievement Award was established in 1994 to honor Multnomah County residents who have contributed outstanding...

Shatter, LLC Launches to Elevate Diverse Voices in Progressive Politics

A collaboration of leading female political strategists aims to fill a void in the world of political consulting ...

New Director Takes Helm at Oregon Black Pioneers

In its 27-year history, the organization has never had an executive director, and has expressed confidence and optimism in Zachary A....

Portland, Oregon, protest turns violent; several arrested

PORTLAND, Ore. (AP) — Several people were arrested after a demonstration turned violent in downtown Portland and resulted in damage to two government buildings, authorities said Friday. Protests have occurred regularly in the city since the May killing of George Floyd in Minneapolis.Police...

Man arrested on murder charges related to human remains

SALEM, Ore. (AP) — A Salem man is facing murder charges after police say they linked him to human remains found in a crawl space of a Salem duplex. Alexander Mosqueda Rivera Burdette, 18, was arrested Thursday by Marion County Sheriff’s Office detectives, the Statesman Journal...

Iowa defensive back Jack Koerner hurt in jet ski accident

IOWA CITY, Iowa (AP) — Iowa defensive back Jack Koerner sustained serious injuries when he and a passenger on a jet ski collided with a boat on the Lake of the Ozarks in Missouri.According to a police report, Koerner and Cole Coffin were hurt at about 6:30 p.m. Friday when their watercraft...

Missouri football program pushes again for racial justice

COLUMBIA, Mo. (AP) — Ryan Walters had just arrived at the University of Missouri to coach safeties for the football program when a series of protests related to racial injustice led to the resignations of the system president and the chancellor of its flagship campus.The student-led movement...

OPINION

Editorial From the Publisher: Vote as Your Life Depends on It

The Republican-controlled Senate won’t pass the George Floyd Justice in Policing Act, no matter how hard Oregon’s senators and others work to push for change. ...

Banana Republic or Constitutional Democracy? The US Military May Decide

Will the military, when and if the chips are down, acts in accord with the Constitution and not out of loyalty to its commander-in-chief? ...

To Save Black Lives, and the Soul of Our Nation, Congress Must Act Boldly

For too long, Black people in America have been burdened with the unjust responsibility of keeping ourselves safe from police. ...

Racial Inequalities - Black America Has Solutions; White America Won't Approve Them

The problem is we have to secure approval of the solutions from the people who deny the problem's existence while reaping the benefits from it. ...

AFRICAN AMERICANS IN THE NEWS

Move to rename 'Bloody Sunday' bridge has critics in Selma

SELMA, Ala. (AP) — Thousands gathered in this river city in 1940 to dedicate a new bridge in honor of white supremacist Edmund Pettus, a Confederate general and reputed Ku Klux Klan leader. Just 25 years later, the bridge became a global landmark when civil rights marchers were beaten at its...

AP Exclusive: Hair weaves from Chinese prison camps seized

Federal authorities in New York on Wednesday seized a shipment of weaves and other beauty accessories suspected to be made out of human hair taken from people locked inside a Chinese internment camp.U.S. Customs and Border Protection officials told The Associated Press that 13 tons (11.8 metric...

White Mich. couple arrested after gun pulled on Black family

A white couple was arrested after at least one handgun was pulled on a Black woman and her daughters during a videotaped confrontation in a restaurant parking lot in Michigan, authorities said Thursday.Jillian Wuestenberg, 32, and Eric Wuestenberg, 42, were charged Thursday with felonious assault,...

ENTERTAINMENT

Eastwood's ankle forced production shift for 'The Outpost'

LONDON (AP) — An accident requiring two screws in his ankle nearly prevented Scott Eastwood from portraying a real life soldier in Afghanistan in “The Outpost” — a role that required a level of athleticism. Eastwood was tight-lipped about how he was injured, but he said...

Court papers: Meghan felt 'unprotected' by monarchy

LONDON (AP) — Meghan, the Duchess of Sussex, felt “unprotected by the institution” of Britain’s monarchy and was “prohibited from defending herself” against negative media coverage when she was pregnant, U.K. news outlets agency reported Thursday, citing...

Hugh Downs, genial presence on TV news and game shows, dies

NEW YORK (AP) — Hugh Downs, the genial, versatile broadcaster who became one of television’s most familiar and welcome faces with more than 15,000 hours on news, game and talk shows, has died at age 99.Downs died of natural causes at his home in Scottsdale, Arizona, on Wednesday, said...

U.S. & WORLD NEWS

Virus concerns grow — as do crowds flocking to Jersey Shore

BELMAR, N.J. (AP) — As coronavirus-related restrictions are eased and temperatures climb, people are...

English pubs are reopening — they won't be the same

LONDON (AP) — Asking people in English pubs to keep their distance is going to be tough after...

Only verified intelligence? A look at presidents' briefings

WASHINGTON (AP) — The White House says President Donald Trump was never briefed on intelligence that Russia...

French court OKs end to Rwanda genocide investigation

PARIS (AP) — The Paris appeals court on Friday upheld a decision to end a years-long investigation into the...

The Latest: Miami mayor sets curfew, closes some businesses

MIAMI — The mayor of Florida’s most populous county has issued a new overnight curfew and will close...

In shake-up, UK government plans televised media briefings

LONDON (AP) — British Prime Minister Boris Johnson says his government will introduce White House-style...

McMenamins
Jeanne Sahadi CNN Money

NEW YORK (CNNMoney) -- It's a common complaint among some wealthy Americans: My taxes are too damn high.

But they might feel a little better if they considered Denmark.

Or the United Kingdom.

Or Austria.                 

Or any number of many other economies where the top income tax rate -- factoring in both the national and local tax bite -- is higher than the highest rate in the United States and also hits people lower down the income scale.

At 60.2%, Denmark last year had the highest top personal income tax rate among the 34 countries in the OECD, an organization of developed and emerging countries. And that 60.2% applied to income over roughly $55,000.

That's a bigger bite than wealthy Californians face on their paychecks and other earned income.

California, which recently raised taxes on the wealthy, now has the highest combined federal and state income tax rate in the United States. It was 43.6% in 2012 and has gone up to 47.6% this year, according to Tax Policy Center Fellow James Nunns. (Nunns' calculations account for the deductibility of state income taxes on federal returns, lowering the overall rate.)

That top combined rate only kicked in, however, on income over roughly $400,000, which is more than seven times the Danish income threshold.

In fact, only three OECD countries -- Korea, Canada and Spain -- imposed their top rates on an income level above that in the United States.

The vastly different income levels at which top rates begin to bite is one reason why consideration of top rates alone doesn't offer a true picture of tax liability.

The United Kingdom and Austria, for example, both imposed top combined rates of 50% in 2012, according to the OECD data. The United Kingdom, however, only applied that rate to income over $221,424. Austria, by contrast, applied it to income over $96,374.

Another advantage in the United States: Seven states don't impose any state income tax, so the highest income earners there are only subject to the 39.6% federal rate. Their actual top rate would be lower if they deduct the state sales taxes that they pay.

But even the top rate and income threshold factors offer only a partial view of tax liability.

For instance, there are social insurance taxes -- such as Medicare and Social Security in the United States.

And there's potentially one of the biggest tax hits to everyone's wallet -- sales taxes.

Here again, Denmark takes the danish. At 25%, it imposes one of the highest national sales taxes in the European Union and the OECD. The so-called value added tax, or VAT, is applied to most goods and services.

All OECD countries have a VAT, except for the United States. Here, how much one pays in sales taxes depends on where one lives.

Sticking with the California example, the state imposed a 7.25% general sales tax in 2012 (food and prescription drugs were exempt). At the local level, up to 2.5% in local sales taxes were added to the tab.

Investment taxes are another factor.

So, too, are tax breaks, which can lower a high-income filer's burden.

The issue of how much the rich should pay in taxes is a perpetual one. But the continued wrangling over deficit reduction and tax reform will keep it front and center in the United States over the next year.

 

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