By Richard Rubin WSJ Sun., April 7, 2019 Some startups are looking for a windfall in tax savings by adopting a corporate structure that until recently made little sense for any but the largest, publicly traded companies. For John Bisges it was a pretty easy decision. The Georgia businessman is launching a new brewery this year with a corporate structure known as a “C corporation.” It could allow him the best of two worlds: A low 21% corporate tax rate created in President Trump’s 2017 tax law, and a generous capital-gains tax exemption championed by President Obama. For years, Mr. Bisges started ventures using limited-liability companies, known for their flexibility and tax advantages. But when Mr. Bisges and his nephew, Aaron, started planning StillFire Brewing, their accountant suggested the C corporation. Mr. Bisges is pinning this part of his business plan on Section 1202 of the Internal Revenue Code, an underused provision expanded under Mr. … [Read more...] about Startups Discover the Allure of the ‘C Corporation’
Express-News Editorial Board Published 4:02 pm CST, Wednesday, January 23, 2019 Erik Walsh, who has worked in San Antonio municipal government for 24 years, is the remaining finalist to fill the city manager position. He shares a light-hearted moment with the media after a press conference on Jan. 17. less Erik Walsh, who has worked in San Antonio municipal government for 24 years, is the remaining finalist to fill the city manager position. He shares a light-hearted moment with the media after a press conference ... more Photo: Billy Calzada /Staff Photographer Photo: Billy Calzada /Staff Photographer Image 1 of / 1 Caption Close Image 1 of 1 Erik Walsh, who has worked in San Antonio municipal government for 24 years, is the remaining finalist to fill the city manager … [Read more...] about Here are the priorities at City Hall
Silicon Valley has driven San Francisco into a “train wreck” of inequality, with homelessness being a severe issue in the city, Salesforce CEO Marc Benioff told CNBC on Tuesday. Benioff added that though the Valley is the home of “an incredible technology industry” that “every city in the world craves,” some executives in the sector are ignoring issues such as gentrification and homelessness. “In some ways, San Francisco is the canary in the coal mine,” Benioff said in an interview with CNBC’s Sara Eisen at the World Economic Forum in Davos, Switzerland. “We have to look at San Francisco and say here’s the best technology example in the world and yet the worst homelessness.” “San Francisco is kind of a train wreck, we have a real inequality problem,” he said. “It’s because of the tech sector.” A one-night count of San Francisco’s homeless population in … [Read more...] about San Francisco Is a ‘Train Wreck’ of Inequality Because of Silicon Valley, Salesforce CEO Says
By Amy Graff, SFGATE Published 8:30 am PST, Tuesday, January 22, 2019 In this photo taken Tuesday, Oct. 30, 2018, Salesforce CEO Marc Benioff speaks at a SPUR luncheon in San Francisco. Benioff spoke about the responsibility of businesses and leaders to their local communities, including solving the homelessness crisis in San Francisco and beyond. less In this photo taken Tuesday, Oct. 30, 2018, Salesforce CEO Marc Benioff speaks at a SPUR luncheon in San Francisco. Benioff spoke about the responsibility of businesses and leaders to their local communities, ... more Photo: Associated Press Photo: Associated Press Image 1 of / 22 Caption Close Image 1 of 22 In this photo taken Tuesday, Oct. 30, 2018, Salesforce CEO Marc Benioff speaks at a SPUR luncheon in San Francisco. Benioff … [Read more...] about San Francisco is a ‘train wreck’ because of the ‘tech sector,’ says Marc Benioff
POLITICS Amid internal controversies and a capital city deeply distracted by the partial government shutdown, the third Women's March returned to Washington on Saturday with an enduring message of anger and defiance aimed directly at President Donald Trump's White House. The original march in 2017, the day after Trump's inauguration, flooded the city with pink-hatted protesters. The exact size of the turnout remains subject to a politically charged debate, but it's generally regarded as the largest Washington protest since the Vietnam era.Story Continued Below This year was a more modest affair for multiple reasons. An estimated 100,000 protesters packed several blocks around Freedom Plaza, just east of the White House, holding a daylong rally. The march itself took about an hour and only moved about four blocks west along Pennsylvania Avenue past the Trump International Hotel before looping back to Freedom Plaza. Organizers submitted a permit application estimating up to 500,000 … [Read more...] about A scaled-down, but still defiant, Women’s March returns to D.C.