Sep 19, 2013, 12:11 pm EST
Debate surrounding the Marketplace Fairness Act continues after seven principles concerning the law were released on Wednesday.
The seven principles were introduced by House Judiciary Committee Chairman Bob Goodlatte. The principles include “tech neutrality”, which would have online and physical stores applying the same sales tax. Goodlatte claims that the principles are meant to “provide a starting point for discussion.” States can currently collect sales taxes from online purchases, but residents must tell states about the purchases first. Few residents pay these taxes, which cost states an estimated $23.3. billion in 2012 sales tax revenue. The Marketplace Fairness Act, passed by the Senate in May, is supported by Amazon (AMZN) and Walmart (WMT), reports the Huffington Post.
According to the Huffington Post, Goodlatte’s seven principles include: Read
Sep 19, 2013, 11:23 am EST
A woman is fighting the Social Security Administration over the length of her name.
When Genevieve Catlyn Williamson Heidenreich attempted to get her full married name on her Social Security Card, a representative of the agency told her that the law limits the amount of characters allowed for first, middle and last names. Williamson Heidenreich’s name exceeded those limits, California’s KXTV News 10 notes.
According to a statement issued by the Social Security Administration, the character counts allotted for names in federal databases are constrained by standards set by the National Institute of Standards and Technology under law. Those standards permit a maximum of 16 characters for both first and middle names, and a maximum of 21 characters for last names. Read
Sep 18, 2013, 12:25 pm EST
Call it GOP on GOP violence — and it could just mean a U.S. government shutdown come Sept. 30.
While shutdowns have been hyped and hyped each time a budget needs to be approved — and politicians on both sides of the aisle play chicken with each other — this one is gearing up to be a fight among House Republicans and leadership on how to win this hand.
House Majority Leader Eric Cantor is reportedly looking to move forward with a plan to cave to demands from conservative Republicans like Ted Cruz (R-Texas). The continuing resolution would put forth a government funding plan that also defunds Obamacare — something that has completely no chance of passing the Senate or even being approved by the president. Read
Sep 18, 2013, 11:41 am EST
The U.S. government is about to become the owner of a 36-story tower in New York City.
Federal authorities have been cleared by a judge to seize the office building after the government accused its owners of links to the Iranian government. The Department of Justice says that the seizure will mark the “largest-ever terrorism-related forfeiture,” USA TODAY notes.
Authorities claim that the owners of 650 Fifth Avenue, located not far from Rockefeller Center in midtown Manhattan, helped launder money that was ultimately funneled to the Iranian government. The building is owned by a private foundation and a corporation. The foundation, which says its mission is to promote the Persian language and Islamic culture, announced plans to appeal the decision on its website. Read
Sep 18, 2013, 10:16 am EST
Federal Aviation Administration (FAA) furloughs could cause flight delays to occur in Oct.
FAA officials have said that a round of furloughs will be necessary to reduce the budget gap by as much as $700 million in the next fiscal year. The next fiscal year will start on Oct. 1. These furloughs could cause flight delays similar to the ones that occurred in April. The furloughs that occurred in April caused 3% to 4% of flights to experience delays. The House and Senate passed legislation to end those furloughs after six days, but that legislation only applied to the 2013 fiscal year. It’s uncertain how many cuts the FAA will have to make, but it has already cut nonessential travel and training, reports Bloomberg.
While passengers can’t do much about flight delays, they can keep up with how long delays are expected to last. Passengers can get a general idea for flight delays at the FFA’s website, as well as by checking with the airlines they are travelling with. Read
Sep 18, 2013, 9:22 am EST
Vice President Joe Biden’s niece — Caroline Biden — was arrested Tuesday in New York after reportedly taking a swing at a police officer following a dispute with her roommate.
NYPD officers were called to the scene after the doorman heard the fight escalate. Biden, 26, was arguing with her roommate about money she owed, according to police.
Biden was taken to the hospital, however, after she reported having stomach pains. Read