07-01-2022  7:29 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,...

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...

Mudslide leaves 19 dead, 50 missing in northeast India

GAUHATI, India (AP) — Rescuers found more bodies Friday as they resumed searching for dozens of missing after a...

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."

 

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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