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Thursday, October 22, 2020  Spokane, Washington  Est. May 19, 1883
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Trade body rules EU can put tariffs on $4 billion of U.S. goods

International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing. The move further sours transatlantic ties at a time when the coronavirus has doused trade and savaged economies.

Global watchdog proposes tax overhaul for Big Tech

A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recovery from COVID-19 harder.

Idaho governor eyes tax relief with budget surplus

BOISE – Potential tax relief, as well as investments in education and transportation, are on the table after tax revenue blew past projections for the third consecutive month, resulting in a projected $530 million budget surplus, Idaho Gov. Brad Little said Friday.

Idaho prosecutors question governor’s plan for federal funds

TWIN FALLS, Idaho — Prosecutors from more than half of Idaho’s counties questioned whether Gov. Brad Little’s plan to use $200 million in federal aid for property tax relief is legal under the federal coronavirus aid package.

Seattle City Council approves new tax on big business

SEATTLE – The Seattle City Council on Monday approved a new tax on large businesses, two years after the council repealed a big business tax amid pressure from corporations such as Amazon and the prospect of a voter referendum.

Gov. Kate Brown: Second Oregon special session in July or August

SALEM – Gov. Kate Brown on Saturday said she would call a second special legislative session this summer to fix a state budget wrecked by the economic fallout from the COVID-19 crisis and wants to use coronavirus relief funds to help support the Black community and working people.

Ex-Idaho budget director will be jailed in child porn case

BOISE — A former Idaho budget director has been sentenced to 90 days in jail and 10 years of supervised probation after he pleaded guilty to willfully possessing or accessing child sexually exploitative material.

Fed to keep providing aid and sees no rate hike through 2022

WASHINGTON (AP) — Confronted with an economy gripped by recession and high unemployment, the Federal Reserve made clear Wednesday that it will keep providing support by buying bonds to maintain low borrowing rates and forecasting no rate hike through 2022.

Trump’s OMB nominee gets first Senate committee nod

WASHINGTON — Russell Vought, the acting Office of Management and Budget Director nominated to assume the position officially, cleared the first hurdle to confirmation with a 7-4 vote in the Senate Homeland Security and Governmental Affairs Committee on Wednesday.

Governor eyes coronavirus aid distribution tied to tax limit

TWIN FALLS, Idaho – Gov. Brad Little and lawmakers have announced a plan allowing cities and counties to tap into $200 million of federal coronavirus relief money to pay police and other public safety workers as long as property taxes are also reduced.

Texas’ Perry indicted for coercion for veto threat

AUSTIN, Texas (AP) — A grand jury indicted Texas Gov. Rick Perry on Friday for abusing the powers of his office by carrying out a threat to veto funding for state prosecutors investigating public corruption — making the possible 2016 presidential hopeful his state's first indicted governor in nearly a century. A special prosecutor spent months calling witnesses and presenting evidence that Perry broke the law when he promised publicly to nix $7.5 million over two years for the public integrity unit, which is run by Travis County District Rosemary Lehmberg's office. Several top aides to the Republican governor appeared before grand jurors in Austin, including his deputy chief of staff, legislative director and general counsel. Perry himself wasn't called to testify.