07-01-2022  7:00 am   •   PDX and SEA Weather
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NORTHWEST NEWS

Eugene Woman Attacked With Acid for Third Time Since March

A Eugene, Oregon, woman who had acid thrown on her while walking her dog in March has been the target of two additional acid attacks at her home

Minimum Wage Increase Initiative Qualifies in WA City

An initiative to increase the minimum hourly wage in Tukwila, Washington, by more than has qualified for the November ballot.

Sydney McLaughlin Does It Again, Breaks Own World Record

When asked how she was going to celebrated afterward, McLaughlin joked: “Eating some real food besides vegetables. Like a cheeseburger or something, some pancakes.”

Inslee Seeks Abortion Rights Amendment to State Constitution

Gov. Jay Inslee will push for a state constitutional amendment to protect abortion rights within the state, and laws that make it difficult for other states to investigate whether their own residents have visited Washington for abortion care.

NEWS BRIEFS

State Continues Paying Out Oregon Emergency Rental Assistance Program Applications to Renters and Landlords Across Oregon

More than 60,000 Oregon households facing pandemic hardship receive over 6 million in rental assistance relief ...

KGW and TEGNA Foundation Award $40k in Community Grants to Aid Four Oregon Nonprofit Organizations

Among the grant recipients are Urban Nature Partners PDX, Self Enhancement, Inc (SEI), Portland YouthBuilders (PYB), and p:ear. ...

Hawthorne, Morrison Bridges Will Close to Motorized Vehicles for July 4 Fireworks Show

The bridges will remain open for bicyclists and pedestrians. ...

Increased Emergency Snap Benefits Continue in July

Approximately 422,000 households will receive an estimated million in extra food benefits ...

Opacity of Performance: Takahiro Yamamoto Opens at PAM

The Portland Art Museum marks a return to live art inside its galleries with a dance installation by Takahiro Yamamoto, the museum’s...

Puget Sound crabbing starts Friday

SEATTLE (AP) — Puget Sound crabbing kicks off Friday! While some Western Washington crabbing areas, like the South Coast / Pacific Ocean and Columbia River have yearlong crabbing seasons, the season starts July 1 in most Puget Sound areas. In a few areas, the crab season starts on...

Post-Roe, states struggle with conflicting abortion bans

BOISE, Idaho (AP) — In Arizona, Republicans are fighting among themselves over whether a 121-year-old anti-abortion law from the pre-statehood Wild West days, when Arizona was still a frontier mining territory, should be enforced over a 2022 version. In Idaho, meanwhile, it is not...

OPINION

Biden’s Menthol Ban Follows the ‘Racist Law’ Playbook

The ban on menthol threatens to do more harm than good for the Black people these activists purport to want to protect ...

Black Women Will Suffer the Harshest Consequences After the Overturn of Roe

Black women are nearly three times more likely to die during childbirth than white women and are more likely to face maternal health issues. ...

Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

Former President Donald Trump’s Make America Great Again cry proved an easy between-the-lines moniker, but even that stood as a dog whistle – until now. ...

Portland Will Be Center of the Golf Universe as $25 Million Event Debuts in the Rose City

The last time Oregon hosted a PGA Tour event was the Portland Invitational Open back in 1966. ...

AFRICAN AMERICANS IN THE NEWS

Jackson sworn in, becomes 1st Black woman on Supreme Court

WASHINGTON (AP) — Ketanji Brown Jackson was sworn in to the Supreme Court on Thursday, shattering a glass ceiling as the first Black woman on the nation’s highest court. The 51-year-old Jackson is the court’s 116th justice, and she took the place of the justice she once worked...

New Zealand designates Proud Boys a terrorist organization

WELLINGTON, New Zealand (AP) — New Zealand's government has declared that American far-right groups the Proud Boys and The Base are terrorist organizations. The two groups join 18 others including the Islamic State group that have been given an official terrorist designation, making...

Essence CEO Wanga: Festival is 'never leaving' New Orleans

NEW ORLEANS (AP) — Essence's chief executive officer said she's been asked multiple times whether the Essence Festival of Culture is staying in New Orleans. On Thursday, Caroline Wanga ended any speculation, making the answer to that question very clear. “The Essence Festival of...

ENTERTAINMENT

'Glass Onion: A Knives Out Mystery' to debut at TIFF

NEW YORK (AP) — “Glass Onion: A Knives Out Mystery,” writer-director Rian Johnson’s follow-up to his whodunit hit “Knives Out,” will premiere at this year’s Toronto International Film Festival. The Canadian festival announced Wednesday that “Glass Onion” will make...

Trial winds down in shooting death of rapper Nipsey Hussle

LOS ANGELES (AP) — Both sides rested their cases Wednesday in the trial of a man charged with the killing of rapper Nipsey Hussle after a day's delay because of an assault on the defendant by fellow jail inmates. Closing arguments are set to begin Thursday in the trial of Eric...

Sonny Barger, figurehead of Hells Angels, dies at 83

LIVERMORE, Calif. (AP) — Sonny Barger, the leather-clad fixture of 1960s counterculture and figurehead of the Hells Angels motorcycle club who was at the notorious Rolling Stones concert at Altamont Speedway, has died. He was 83. Barger's death was announced on his Facebook page...

U.S. & WORLD NEWS

Xi defends vision of Hong Kong on 25th anniversary of return

HONG KONG (AP) — China’s leader Xi Jinping marked the 25th anniversary of Hong Kong’s return with a speech...

N. Korea suggests balloons flown from South brought COVID-19

SEOUL, South Korea (AP) — North Korea suggested Friday its COVID-19 outbreak began in people who had contact...

COVID cases up by more than 30% in Britain last week

LONDON (AP) — The number of new coronavirus cases across Britain has surged by more than 30% in the last week,...

Cups, straws, spoons: India starts on single-use plastic ban

NEW DELHI (AP) — India banned some single-use or disposable plastic products Friday as part of a federal plan to...

Taliban supreme leader prays for Afghanistan's quake victims

ISLAMABAD (AP) — The Taliban’s supreme leader offered prayers Friday for Afghanistan's earthquake victims...

N. Korea suggests balloons flown from South brought COVID-19

SEOUL, South Korea (AP) — North Korea suggested Friday its COVID-19 outbreak began in people who had contact...

Chris Isidore

NEW YORK (CNNMoney) -- Warren Buffett says even though he and other top earners are paying higher taxes this year, he thinks he's still paying a lower rate than his secretary.

Appearing on CNBC Monday morning, Buffett said that despite the fact that he and other top earners will pay a significantly higher tax rate on capital gains for 2013, that won't close all of the gap with typical wage earners who pay taxes on a salary rather than on investment gains. Capital gains for top wage earners will be taxed at 20 percent starting this year, up from 15 percent. And top earners also will pay an additional 3.8 percent in Medicare taxes on their investment income for the first time.

But part of the problem is that his secretary's tax bill also went up since a partial payroll tax holiday ended, raising what she pays for social security by 2 percentage points.

"I'll be a fair amount higher, 8 or 9 points higher," Buffett said of his own tax rate. "But the differential between me and the rest of the office, not just my secretary but the rest of the office, was greater than that. It'll be closer, but I'll probably be the lowest paying taxpayer in the office."

Buffett has been advocating for a minimum tax on top wage earners - those like himself who benefit from the fact that capital gains are taxed at a lower rate than regular earnings. His proposal, popularly known as the Buffett rule, has the support of the Obama administration but is strongly opposed by Republicans in Congress.

Asked if the rise in the capital gains rate and the top marginal tax rate that took effect this year were pointless since he's still paying less than his secretary, he responded, "It was better than no change."

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Jan. 6 Committe Hearings - Day 6

A suprise hearing with newly discovered evidence will be held Tuesday, June 28 at 9:45 a.m. PT (12:45 p.m. ET).

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