08-06-2020  12:39 pm   •   PDX and SEA Weather
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NORTHWEST NEWS

Oregon Criminal Justice Commission: Initiative Petition 44 Will Nearly Eliminate Racial Disparities for Drug Arrests, Convictions

The initiative would expand access to drug addiction treatment and recovery services, and decriminalize low-level drug possession.

Inslee, Culp Advance to November Ballot in Governor's Race

In early returns, with nearly 17% of the vote, Loren Culp, the police chief of Republic, had the largest share among 35 other candidates.

Portland Police Declare Unlawful Assembly During Protest

Oregon Sen. Jeff Merkley and Portland City Commissioner Jo Ann Hardesty addressed event organised by NAACP focused on Black Lives Matter

Shootings Increase During Portland Protests

Between June 1 and end July 31, 2020 there were 125 reported shootings compared to a total of 59 shootings in 2019

NEWS BRIEFS

White Democrats in Congress Falling Short on Reparations Bill

Democracy in Color releases “The White List” showing 79% of democratic House members haven’t cosigned HR 40 despite popular...

New Rule by The U.S. Department of Education Would Misdirect $11M from Oregon Public Schools

U.S. Rep. Suzanne Bonamici, Sens. Ron Wyden and Jeff Merkley, and Reps. Peter DeFazio and Earl Blumenauer called a...

Barbara Bush Foundation Partners with Barbershop Books and Penguin to Provide Child-Friendly Reading Spaces in Baltimore and Detroit Barbershops

Developed in Harlem, Barbershop Books is a community-based program that leverages the cultural significance of barbershops in...

All Classical Portland Awards Grant to Support Emmanuel Henreid's 'Livin' in the Light'

Livin’ in the Light documents Onry’s experience as a Black, male, professional opera and crossover singer in Portland, Ore. ...

House Approves Legislation to Stop Trump Attack on Fair Housing

Ocasio-Cortez, Blumenauer amendment would block rollback of anti-discrimination rule ...

Lack of study and oversight raises concerns about tear gas

SALEM, Ore. (AP) — On June 2, Justin LaFrancois attended a protest against police violence and racism in downtown Charlotte, North Carolina, where he planned to livestream the event for his alternative newspaper’s website. Shortly into the march, police, who reported that water...

2 young children shot in yard in Portland suburb

PORTLAND, Ore. (AP) — Authorities say two young children were shot while playing in a yard in a suburb of Portland, Oregon.Police in Gresham say the children, ages 3 and 5, were expected to survive. One was shot in the foot and the other in the ankle.KATU reports the shooting happened about...

Missouri's Drinkwitz takes side in mask-or-no-mask debate

COLUMBIA, Mo. (AP) — Eli Drinkwitz has been the head coach at Missouri for just over seven months. He has yet to lead the Tigers onto the football field, much less win a game, yet his role in the community already has forced him to take some important stands.First, it was supporting his new...

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...

OPINION

Da 5 Bloods and America Abroad

Even before I returned to the United States from my combat tour in Vietnam, I had decided that we were fighting an unjust war. ...

Falling Behind: COVID, Climate Change, and Chaos

Multiple Crises, Multiple Obstacles ...

Bill Deiz urges Oregonians to Defend their Constitutional Rights

Elements of federal police, sent in by our president, are nightly tormenting our citizens with tear gas, impact munitions, kidnappings and beatings, and other criminal acts, in order to suppress our rights of free speech and free assembly ...

The Power of Love

Powerful lessons for me today on forgiveness. ...

AFRICAN AMERICANS IN THE NEWS

Man whose children say has bigoted views wins Missouri race

KANSAS CITY, Mo. (AP) — The Kansas City Republican whose children urged people not to vote for him because of what they say are his racist, homophobic and anti-Semitic views narrowly won his primary for a Missouri House seat, just as he did two years ago before losing the general...

Lack of study and oversight raises concerns about tear gas

SALEM, Ore. (AP) — On June 2, Justin LaFrancois attended a protest against police violence and racism in downtown Charlotte, North Carolina, where he planned to livestream the event for his alternative newspaper’s website. Shortly into the march, police, who reported that water...

Lack of study and oversight raises concerns about tear gas

SALEM, Ore. (AP) — On June 2, Justin LaFrancois attended a protest against police violence and racism in downtown Charlotte, North Carolina, where he planned to livestream the event for his alternative newspaper’s website. Shortly into the march, police, who reported that water...

ENTERTAINMENT

Viola Davis, LeBron James among honorees at AAFCA TV Honors

LOS ANGELES (AP) — Viola Davis, Sterling K. Brown and LeBron James are among several honorees at the AAFCA TV Honors later this month. The African American Film Critics Association announced the recipients of the second annual event on Wednesday. The virtual ceremony is scheduled to air on...

Review: Deep Purple evokes best years on mighty 'Whoosh!'

Deep Purple, “Whoosh!” (earMUSIC)“Whoosh!” makes it three-for-three for the pairing of Deep Purple and producer Bob Ezrin, an album that at its numerous heights evokes the band’s most successful era of the early ‘70s. With a stable lineup for nearly 20...

How an arrest upended filming of 'Surviving Jeffrey Epstein'

NEW YORK (AP) — The filmmakers behind “Surviving Jeffrey Epstein” moved quickly when Ghislaine Maxwell was arrested on federal charges that she acted as a recruiter for the financier’s sexual abuse.The fourth episode of the new Lifetime docuseries, which was intended to...

U.S. & WORLD NEWS

Phelps, Ohno open up about suicide, depression in new doc

LOS ANGELES (AP) — Athletes Stephen Scherer, Jeret Peterson and Kelly Catlin have two things in common:...

Joe Biden launches new national ad aimed at Black Americans

DETROIT (AP) — Joe Biden's Democratic presidential campaign has launched a new national ad focused on Black...

'See you in court': ACLU files nearly 400 cases versus Trump

NEW YORK (AP) — The day after Donald Trump’s election in November 2016, the American Civil Liberties...

China sentences 3rd Canadian to death on drug charges

BEIJING (AP) — China has sentenced a third Canadian citizen to death on drug charges amid a steep decline...

N. Korea's escalating virus response raises fear of outbreak

SEOUL, South Korea (AP) — North Korea is quarantining thousands of people and shipping food and other aid...

Polish LGBT people leaving as post-vote mood grows hostile

WARSAW, Poland (AP) — When a right-wing populist party won the right to govern Poland five years ago, Piotr...

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Chris Isidore CNN Money

NEW YORK (CNNMoney) -- Apple executives defended the company's tax strategy on Capitol Hill Tuesday, claiming that it pays one of the highest effective tax rates of any major corporation.

The Senate called a hearing Tuesday to examine the iPhone maker's strategy of shifting income to an Irish subsidiary to avoid paying U.S. taxes. Apple officials said the company shifted money to its overseas operations, such as those in Ireland, not to avoid taxes but because of the growth of Apple's sales overseas.

Apple CEO Tim Cook said the company paid an effective tax rate of 30.5% on profits it made on U.S. sales. He said Apple paid $6 billion in U.S. corporate taxes last year.

"I'm often asked if Apple still considers itself an American company," Cook said. "My answer always has been an emphatic yes. We are proud to be an American company."

He said Apple has never considered moving its headquarters out of the United States.

"It's beyond my imagination, and I have a pretty wild imagination," Cook said in response to a question.

Michigan Sen. Carl Levin, chairman of the Senate's Permanent Subcommittee on Investigations, and ranking member John McCain of Arizona both started the hearing with withering criticism of Apple's practice of shifting income to Ireland, to avoid paying U.S. taxes.

Levin called the practice a "sham," while McCain said that Apple's claims that it use of the Irish subsidiary did not reduce its U.S. taxes is "demonstrably false."

"U.S. corporations cannot continue to avoid paying their appropriate share in taxes," said McCain. "Our military can't afford it. Our economy cannot endure it. And the American people will not tolerate it."

McCain asked Cook: "Can you see there's a perception of an unfair advantage here?"

"Honestly speaking, I don't see it as being unfair," Cook replied. "I'm not an unfair person. That's not who we are as a company."

Cook said Apple strongly supports corporate tax reform and that it was happy to testify at the hearing if it would advance the chance of such reform being passed, even if it raised Apple's own tax bill.

The comments came on top of a report released Monday by Levin and McCain detailing Apple's tax strategy.

Apple has $144 billion in cash. But more than $100 billion of that is overseas. If Apple were to try to bring that cash back to the United States, it could be taxed at the top corporate tax rate of 35%.

Apple did garner support from one corner: Sen. Rand Paul of Kentucky, who said he was offended by the hearing.

"Tell me one of the politicians up here who doesn't minimize their taxes. Tell me a chief financial officer you would hire if he didn't try to minimize taxes legally. Tell me what Apple has done that is illegal," said Paul. He said that Congress should apologize to Apple for calling it before the committee, and for a tax system that is "bizarre and Byzantine."

"Money goes where it's welcomed," Paul said. "Currently our tax code makes money not welcomed in this country."

Levin struck back at Paul, saying the committee was doing nothing wrong looking at the issue of offshore tax havens and Apple's tax practices.

"Apple is a great company, but no company should be able to determine how much it's going to pay in taxes...using all kinds of gimmicks to avoid paying the taxes that should be paid to this country," Levin said. "The people know it's not right."

 

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