Utah lawmakers decided to tax large tech companies

13 hours ago

Utah lawmakers passed a new tax targeting large tech companies.
The tax is aimed at ads 'intentionally designed to addict minors.'
The Utah Taxpayers Association filed a lawsuit arguing the tax violates federal law.

New York City Mayor Zohran Mamdani's administration introduced a property tax surcharge on second homes, targeting high-value properties with a searchable online database of affected owners.
The surcharge applies to single-, two-, and three-family homes valued over $5 million and condos/co-ops valued over $1 million, with rates ranging from 0.8% to 6.5% of market value.
Critics argue the database, while based on public records, is unusually packaged and singles out individuals for public scrutiny, potentially making them feel unsafe and unwelcome.

The author argues for a billionaire wealth tax of 5% annually on total wealth, not income, to raise $4.4 trillion over a decade for public services.
The tax aims to fund teacher salaries, affordable childcare, and healthcare, contrasting with Governor Newsom's income-based tax proposal that raises far less revenue.
Wealth flight fears are dismissed, citing California's strong venture capital investment and political support for the tax despite billionaire opposition.

xAI (now SpaceXAI) is suing Minnesota over a new law (HF 1606) that bans nudification apps and software that use AI to generate nude images from clothed people.
The law imposes civil penalties on companies, with fines escalating to billions of dollars for large-scale image generation, regardless of intent or artistic value.
xAI argues the law is overly broad, using a definition of nudity that includes inner thighs and male/female breasts, and cites examples like a viral AI-generated image of Trump and others shirtless.

Iran breaks off US negotiations and threatens to block Strait of Hormuz.
Satellite data indicates more extensive damage to US facilities by Iran than reported.
AI chatbot successfully replaces realtor in selling a house, managing appointments and negotiations.

A 600-acre AI data center project in Port Washington, Wisconsin threatens private land through eminent domain for power lines.
Tom Uttech, an 83-year-old artist, faces losing his 52-acre property, which inspires his work, to a transmission line for the data center.
The data center is part of a $15 billion Stargate partnership under the Trump administration, aiming to advance AI and compete globally.

New York City Mayor Zohran Mamdani's administration introduced a property tax surcharge on second homes, targeting high-value properties with a searchable online database of affected owners.
The surcharge applies to single-, two-, and three-family homes valued over $5 million and condos/co-ops valued over $1 million, with rates ranging from 0.8% to 6.5% of market value.
Critics argue the database, while based on public records, is unusually packaged and singles out individuals for public scrutiny, potentially making them feel unsafe and unwelcome.

The author argues for a billionaire wealth tax of 5% annually on total wealth, not income, to raise $4.4 trillion over a decade for public services.
The tax aims to fund teacher salaries, affordable childcare, and healthcare, contrasting with Governor Newsom's income-based tax proposal that raises far less revenue.
Wealth flight fears are dismissed, citing California's strong venture capital investment and political support for the tax despite billionaire opposition.

xAI (now SpaceXAI) is suing Minnesota over a new law (HF 1606) that bans nudification apps and software that use AI to generate nude images from clothed people.
The law imposes civil penalties on companies, with fines escalating to billions of dollars for large-scale image generation, regardless of intent or artistic value.
xAI argues the law is overly broad, using a definition of nudity that includes inner thighs and male/female breasts, and cites examples like a viral AI-generated image of Trump and others shirtless.

Iran breaks off US negotiations and threatens to block Strait of Hormuz.
Satellite data indicates more extensive damage to US facilities by Iran than reported.
AI chatbot successfully replaces realtor in selling a house, managing appointments and negotiations.

A 600-acre AI data center project in Port Washington, Wisconsin threatens private land through eminent domain for power lines.
Tom Uttech, an 83-year-old artist, faces losing his 52-acre property, which inspires his work, to a transmission line for the data center.
The data center is part of a $15 billion Stargate partnership under the Trump administration, aiming to advance AI and compete globally.

Hasty Briefsbeta