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In a statement, a spokesman for Bloomberg noted that as a candidate, Bloomberg had advocated for a variety of tax hikes on the wealthy. “Mike Bloomberg pays the maximum tax rate on all federal, state, local and international taxable income as prescribed by law,” the spokesman wrote. And he cited Bloomberg’s philanthropic giving, offering the calculation that “taken together, what Mike gives to charity and pays in taxes amounts to approximately 75% of his annual income.”
At one point, US President Joe Biden made a forceful call to other leaders about vocally calling out China’s anti-democratic practices, officials said, emphasizing the need to take action.
The rules for college athletes state that they “may earn compensation for the use of their NIL if the compensation is provided by a third party unaffiliated with the athlete’s postsecondary educational institution.”
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A positive step forward is happening in Texas for student athletes. Governor Greg Abbott signed Senate Bill 1385 which allows college athletes to be compensated for use of their name, image and likeness. For years schools were allowed to profit off of star players without having to give the player anything. Texas will become the 17th state in the country to allow this sort of compensation.
It was the kind of step American officials often decry in the authoritarian regimes Biden is hoping to minimize in his European tour this week. Russian President Vladimir Putin, who's set to meet with the President next week and is a fan of using whataboutism in order to deflect criticism of his regime, no doubt read the reports with interest.
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