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Chicago: Cloud Tax?

cloud taxThe city of Chicago announced recently that is plans to add a 9% tax on “electronically delivered amusements” such as Netflix and Spotify. Currently several major cities around the U.S. tax the sale of physical goods over the internet, but Chicago will be the first city to tax the streaming of entertainment media.

While this sounds great for Chicago bureaucrats, the 1996 Telecommunications Act and the 1998 Internet Tax Freedom Act may roadblock this “cloud tax”.

 

http://tiny.cc/i2lu0x

 

Greece vs. America – The Average American Could Be Worse Off

Greece is in serious trouble – but what about the average American? credit cardThe average US household carries approximately $16,000 of credit card debt; average mortgage debt $157,000; average student loan $33,000 (source http://tiny.cc/ee3q0x) … that is approximately $10,000 of interest per year :/

However, unlike Greece, if an American claims bankruptcy there is no reprieve from certain types of debt i.e. student loans or taxes which essentially creates a “debt prison”.

 

http://tiny.cc/u32q0x

 

Mexico Bound? Ford relocating from US?

ford mexico

In 2018, Ford Motor Company will move production to Mexico from its current location in Detroit. There is much speculation that this move will change the dynamic of Ford’s cooperation with the unions and can be construed as a “power move” prior to negotiations between Ford and the unions.  Currently 1 out of 5 cars in the US are produced in Mexico and that number is likely to climb more US automakers are setting up production facilities in Mexico.

http://tiny.cc/am2q0x

Healthy Workplace Health Family Act of 2015 (AB 1522)

An employee wpaid sick leaveho, on or after July 1, 2015, works in California for 30 or more days within a year from the beginning of employment, is entitled to paid sick leave. Employees, including part-time and temporary employees, will earn at least one hour of paid leave for every 30 hours worked. Accrual begins on the first day of employment or July 1, 2015, whichever is later.

Exceptions: Employees covered by qualifying collective bargaining agreements, In-Home Supportive Services providers, and certain employees of air carriers are not covered by this law.

An employer may limit the amount of paid sick leave an employee can use in one year to 24 hours or three days. Accrued paid sick leave may be carried over to the next year, but it may be capped at 48 hours or six days.

Usage


  • An employee may use accrued paid sick days beginning on the 90th day of employment.
  • An employee may request paid sick days in writing or verbally. An employee cannot be required to find a replacement as a condition for using paid sick days.
  • An employee can take paid leave for employee’s own or a family member for the diagnosis, care or treatment of an existing health condition or preventive care or for specified purposes for an employee who is a victim of domestic violence, sexual assault or stalking.

Employers


Reminder: California Employers Required to Notify Most Employees about Paid Sick Leave

There are several things employers must do to comply with the Healthy Workplace Healthy Family Act of 2014 (AB 1522).

  • Display poster on paid sick leave (Spanish) (Vietnamese) where employees can read it easily.
  • Provide written notice to employees with sick leave rights (Spanish) (Vietnamese) at the time of hire.
  • Provide for accrual of one hour for every 30 hours worked and allow use of at least 24 hours or 3 days or provide at least 24 hours or 3 days at the beginning of a 12 month period of paid sick leave for each eligible employee to use per year.
  • Allow eligible employees to use accrued paid sick leave upon reasonable request.
  • Show how many days of sick leave an employee has available. This must be on a pay stub or a document issued the same day as a paycheck.
  • Keep records showing how many hours have been earned and used for three years.

Retaliation or discrimination against an employee who requests or uses paid sick days is prohibited. An employee may file a complaint with the Labor Commissioner against an employer who retaliates or discriminates against the employee for exercising these rights or other rights protected under the Labor Code. Local offices are listed on our website at http://www.dir.ca.gov/dlse/DistrictOffices.htm.

The Tax Situation

Mike “the Situation” Sorrentino who is currently facing tax fraud charges might be in need of a new attorney after he has reportedly been unable to pay his current attorney Richard Sapinski who says it will be a “significant hardship” to continue representing the Situation without pay.

The Tax Situation

http://www.nj.com/news/index.ssf/2015/07/mike_the_situation_sorrentinos_lawyer_wants_off_ta.html

NEW overtime regulations

New regulations unveiling  this week could mean major change to labor mark for middle class. http://tinyurl.com/o2xuqko

king obama