Republican Donald Trump is proposing a big tax cut for companies like Apple Inc., which would see its tax rate slashed on about $200 billion of profit it keeps offshore.Yet Apple s boss is co-hosting a fundraiser on Wednesday for Trump s Democratic opponent for the White House.Apple itself has no political action committee; Chief Executive Officer Tim Cook is acting in his personal capacity to help raise money for the Hillary Victory Fund, which contributes to the campaign of Democratic nominee Hillary Clinton and other Democratic party committees.Still, Cook s support for Clinton, who hasn t tried to match Trump s tax cuts for corporations, reflects how the Republican nominee s proposals haven t won him much support among U.S. technology leaders -- many of whom have expressed concern about his campaign-trail bombast.This is woefully inadequate in terms of an olive branch to Silicon Valley from Donald Trump, said Tucker Bounds, a startup founder and former deputy communications director for Republican Senator John McCain s 2008 presidential campaign.Bounds was referring to Trump s proposal to tax companies accumulated offshore profit at 10 percent -- down from the current top corporate income tax rate of 35 percent.Apple isn t the only company that would benefit.For the trillions in offshore profit that U.S. companies have already accumulated, he suggests the one-time tax rate of 10 percent -- a bargain that he says would lure that cash back to the U.S quickly and deliver economic growth as well as tax revenue for infrastructure spending.This is a major way to raise revenue, said Stephen Moore, a senior economic adviser to Trump s campaign.Under Trump s proposal, U.S. companies would repatriate more than $1.5 trillion over a 10-year window, Moore said, paying at least $150 billion in taxes.Clinton hasn t proposed anything similar; she s said little about corporate tax reform or the current 35 percent corporate rate, which is one of the highest statutory rates in the world.Much of the offshore earnings in question are held by technology and pharmaceutical companies -- a reflection of their global reach and tax-planning strategies.
SAP's Australia/New Zealand tentacle is on the hunt for new senior leaders after its general manager and chief operating officer COO both handed in their resignation and decided to pursue opportunities outside the company.No permanent replacements have been announced for former managing director John Ruthven and former chief operating officer Jim Fisher.Ruthven's role will be temporarily filled by Stephen Moore, currently regional veep and head of services sales for the Asia-Pacific and Japan APJ .Fisher's chair needs two people to fill it: We also confirm the resignation of Jim Fisher from SAP, who has decided to pursue opportunities outside the company.Paul Marriott, COO for APJ and Gina McNamara, chief financial officers for SAP ANZ, will jointly act as the interim COO.The SAP spokesentity who told us of the chair-shuffling didn't offer any detailed motiviation for the resignations.
Despite plans by president-elect Donald Trump to repatriate American multinationals' funds, Ireland's corporate tax advantage over the US is likely to persist.According to Stephen Moore, a senior economic advisor to Trump, Ireland will retain its corporate tax advantage over the United States, reported The Irish Times.In an interview on Friday, Moore said that even if Congress was to pass the corporate tax cuts proposed by Trump within the first 150 days of his presidency, the nation would be unable to compete with Ireland's rate of 12.5 per cent."Ireland will still be lower than the United States so you will still have a competitive advantage over the United States but the advantage will be much lower than it is currently," Moore told Irish radio station Newstalk.Ireland's educated and mostly Anglophone workforce, as well as its membership of the European Union, makes it an attractive location for many American corporations.Even without the €13bn tax bill which Ireland was told collect from Apple, those tax arrangements are driving tax revenue and spending increases in its budget for 2017.
The Kansas state legislature on Tuesday voted to override Gov.(It was drafted with the help of prominent conservative thinkers, including former Ronald Reagan adviser Arthur Laffer and Heritage Foundation economist Stephen Moore.)Kansas’s economy has performed reasonably well since the first cuts were passed in 2012, but its neighbors’ economies have done as well if not better; a recent study concluded that the business tax cuts at the heart of Brownback’s plan had little if any impact on the state’s economy.When it looked like Kansas’s budget gap would lead to big cuts to education and highway spending, voters responded by throwing conservative legislators out of office and replacing them with the Democrats and moderate Republicans who this week overrode Brownback’s veto.Climate change: Costs and benefitsWhen he announced last week that the U.S. would be withdrawing from the Paris Agreement, Trump said he had based his decision on data that showed how much the accords, which are designed to slow the pace of climate change, would hurt the U.S. economy.
Jewson said that the breach occurred after hackers managed to compromise its website.This means that the hackers likely had the opportunity to conduct malicious activities on the firm's network for weeks while remaining undetected."We have notified 1,659 customers whose data may have been compromised and are offering free credit monitoring to those affected to help detect any potential misuse of data in the future," Jewson said in a statement.Our main website (, our credit account customers and transactions across our branch network are not affected by the security breach and are operating normally.We sincerely apologise for the distress and inconvenience this security breach has caused to those customers affected."The Register reported that in Jewson's mail to customers, which the publication said that it had viewed, the firm said that customers' card data, including CVV numbers, card expiry dates and more "may" have been accessed by the hackers.
Kairos hopes to use EmotionReader’s tech to remove bias from facial recognition softwareMiami-based AI and facial recognition specialists Kairos has purchased Irish startup EmotionReader, in a multi-million pound deal.EmotionReader was founded in Ireland in 2017 by Pádraig O’Leary and Stephen Moore.The startup received financial support from Enterprise Ireland; a governmental organisation established to foster tech growth in Ireland.Dr. Stephen Moore, co-founder of EmotionReader commented in the release that: “The EmotionReader team is looking forward to working with Kairos to make state of the art in face recognition accessible to all.”“EmotionReader’s technology is a perfect fit for the Kairos platform.
Have we finally reached a point where pop culture is making the world a better—or, at least, less openly terrifying and depressing—place?Still, even with Cain removing himself from the running, at least President Trump had another Fed nominee to consider.It's not as if anything controversial happened with Stephen Moore last week, right?What Happened: What happens when a Trump Administration official just comes out and agrees that he's friends with a pretty bad guy and just wishes that he was a little less murder-y?Officially, he's a senior advisor to the president, a title that is at best somewhat unclear and seems to cover whatever topic he wants it to, from immigration issues to bringing peace to the Middle East.The murder of Washington Post journalist Jamal Khashoggi by Saudi security forces in the Saudi consulate in Istanbul last year remains, tragically, an open question in a lot of ways, not least of all because, despite acknowledging his death, Saudi authorities changed their version of events as to what actually happened multiple times, while President Trump openly disputed US intelligence findings and backed the Saudi regime's shifting take on what was happening—something that was, according to multiple reports, possibly tied Kushner's relationships with the Saudi government.
Adding to that feeling are headlines about Wikileaks leader Julian Assange, now-withdrawn Trump Fed pick Stephen Moore, and deputy attorney general Rod Rosenstein, who resigned last week after weeks of speculation.What Happened: To stop them from responding to a congressional subpoena for information, President Trump, some of his children, and his company sued a couple of banks.Whatever the reason, the Trumps filed suit against Deutsche Bank and Capital One early last week, in an attempt to prevent Congress from seeing what was going on inside his financial dealings.It really is worth noting, for those wondering how high finance works, that despite the 2008 lawsuit, the bank went on to loan him even more money.While it obviously will be some time before the entire process moves through the courts and the president discovers whether his attempt to halt the subpoena has been successful, he can at least take some solace in the fact that his suit has succeeded in slowing things down.What Happened: Since attorney general Bill Barr issued his four-page summary of the Mueller report, some have defended President Trump by pointing out that Mueller himself didn't dispute Barr's summary. Stephen Moore was on track for his third Rugby World Cup and had nearly a century of caps for the Australian National Team.Visit this link for more details: #RugbyWorldCupTickets #RugbyWorldCupSemiFinalTickets
People all over the internet have been inadvertently revealing how old they are this weekend, in the wake of the death of numerous film and TV pie-fingering British actor Stephen Moore.It is my sad duty to admit I'm old enough to remember him from the BBC adaptation of the Hitchhiker's Guide To The Galaxy, in which he provided the voice of Marvin the Paranoid Android.If you're a bit younger than that and perhaps even enjoy an age that starts with a 3, you may remember him as the dad from the mid-80s ITV adaptation of Sue Townsend's Adrian Mole books, which was, at the time, the funniest thing on ITV, for all of the first six episodes.People as young as perhaps even their early 30s will be reminiscing about the passing of "The Dad" from Harry Enfield's sketch show character Kevin (and Perry), while millennials may perhaps recognise him as another dad, this time from BBC children's production The Queen's Nose.Film enthusiasts, meanwhile, will only admit to knowing him from serious war epic A Bridge Too Far, or later work Brassed Off.In short, Moore was a key background figure from 40 years' worth of film and TV, and leaves a large, dad-shaped hole in the character of the nation.
The White House is considering the moves if the economic recovery stalls out with the lack of a bipartisan stimulus deal in Congress.
Odds are diminishing for a coronavirus relief package before November as Democrats and Senate Republicans lambasted the Trump administration's plan.
The conservative economist and ally of President Donald Trump said that "the calvary is coming" in describing the coronavirus vaccine.
After Congress finally passed the second stimulus relief package, which included $600 checks, President Trump pushed for a deal on $2,000 checks.
"Republicans should be for less spending on the IRS, not more," Stephen Moore tells Insider, calling it a "betrayal to fund the IRS with more money."