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New York Judge Slaps Donald Trump with $350M Fine, Barring Him from NY Business for 3 Years

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Donald Trump

New York, Feb 17 (IANS) Former President Donald Trump received a major blow as a local judge fined him over $350 million and banned him from doing business in New York State for three years. State Supreme Court Justice Arthur Engoron imposed the penalties after finding Trump guilty of fraud in a civil case brought by the state’s Attorney General, Letitia James, a Democrat. The fine, including interest, amounts to $450 million and will continue to increase until paid.

Engoron criticized Trump and his associate’s conduct in the case, calling it “pathological” due to their lack of remorse. Trump retaliated on social media, claiming the ruling was “an illegal, unAmerican judgment.” However, James hailed the verdict as a “tremendous victory” for the state and the nation, emphasizing the need for everyone to play by the same rules, even former presidents.

In addition to the hefty fine, a New York Supreme Court ordered Trump’s trial in a criminal fraud case to start on March 25, right amid the presidential campaign. He is accused of falsifying business records to cover up hush money paid to a porn star. With his assets tied up in real estate, the massive fine could deplete Trump’s available cash as he campaigns for the Republican Party’s presidential nomination.

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Although Forbes estimated Trump’s wealth to be $2.6 billion last year, he may still have significant campaign funds from supporters. His campaign raised $118.3 million in the previous year, with $33 million remaining after expenses. The blow to his business activities in the state where his real estate empire originated strikes at the core of his claims to being super-rich.

The case revolved around the extent of Trump’s wealth, which the prosecution claimed was exaggerated when he applied for business loans. James filed the case despite the banks that lent him money not complaining, based on what the prosecution said were fraudulent documents. The judge also extended the term of an independent monitor appointed to oversee the Trump Organisation and fined Trump’s two adult sons $4 million each, barring them from running businesses for two years. This development adds another layer of humiliation for the former president as he faces legal challenges and financial setbacks.

In conclusion, the judge’s decision to penalize Trump with a multi-million dollar fine and to ban him from conducting business in New York for three years has dealt a significant blow to the former president’s financial and political prospects as he navigates through the presidential campaign.

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Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.

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Alaska $1300 Stimulus Check May 2024 – Stimulus Checks for Everyone? Payment Dates & Eligibility

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Alaska $1300 Stimulus Check May 2024 – Stimulus Checks for Everyone? Payment Dates & Eligibility

Citizens of Alaska are going to receive an important stimulus check which will alleviate to a large extent their financial woes.

The $1300 Stimulus Check May program is a courtesy by the state’s Permanent Fund Dividend. It will be a great support for the residents of Alaska in their difficult times.

The Alaskan support program has been rolled out to reduce the financial difficulties of the people of Alaska who are finding it difficult to meet their basic expenses. The $1,300 stimulus check which will be rolled out in May 2024 is open for all Alaska permanent residents who do not have any recent criminal records and meet the eligibility requirements.

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The stimulus checks are aimed to improve the quality of life of residents of the state of Alaska by affording financial security and enabling them to get essential support when they need it most. The eligible candidates are advised to visit the official website of the Alaska Revenue Department to get to know about the latest updates.

Alaska $1300 Stimulus Check May 2024

$1300 Stimulus Check May 2024 is a gift from the Alaska Revenue Department to enable the eligible residents of Alaska to get vital and much needed support during the time of financial crisis. The project is especially beneficial for persons who are finding it difficult to pay for their bills and facing a financial emergency. The stimulus will serve as a timely infusion of funds that will reduce their burdens.

Alaska Permanent Fund Dividend 2024

Article$1300 Stimulus Check May 2024
DepartmentDepartment of Revenue, Alaska
Benefit NamePermanent Fund Dividend
Amount$1300
Applicable inAlaska, USA
Payment DateMay 2024
CategoryGovernment Aid
Official Websitehttps://pfd.alaska.gov/

$1300 Stimulus Check May 2024 Latest Update

The Permanent Fund Dividend (PFD) website has stated that eligible Alaskans can hope to get their next stimulus payments on 16th May 2024. The program is a part of the financial support initiative launched for the state of Alaska by the Government of America and the funds are channeled via the Permanent Fund Dividend program, which is managed by the Alaska Department of Revenue.

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Citizens can check their eligibility status on the official website from 8th May 2024 and in case their claim is marked as “eligible-not-paid,” they can expect to get the money directly into their Bank accounts on the specified dates. Citizens are encouraged to visit the Permanent Fund Dividend’s official website for more information and updates.

Also Read: New Hampshire Is Raising Legal Age Of Marriage To 18 Without Exceptions

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New Hampshire Is Raising Legal Age Of Marriage To 18 Without Exceptions

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New Hampshire Is Raising Legal Age Of Marriage To 18 Without Exceptions

The New Hampshire House has passed a bill to raise the minimum age for marriage from the present 16 years to 18 years without any exceptions. The bill, which has been designated as SB 359, will now be sent to the Governor for his signature.

If approved by the Governor, New Hampshire will become the 12th state to have a law that bans marriage under the age of 18 with no exceptions.

New Hampshire To Raise Minimum Marriage Age to 18

The New Hampshire House voted 192-174 to pass the bill SB 359 on Thursday, raising the legal age for marriage from 16 years to 18 years. The bill has a long and eventful history and has been sent to Gov. Chris Sununu for approval.

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Bill 359 clearly states that

“no person below the age of 18 years shall be capable of contracting a valid marriage, and all marriages contracted by such persons shall be null and void.”

Presently, the legal age for marriage is 16 years.

The bill will also nullify the current legal options for minors to marry.

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The current laws, RSA 457:6, permit parents and guardians of persons between 16 and 18 to approach a family court to grant permission for the marriage.

The petition also requires the involvement of the Division for Children, Youth, and Families and allows the court to interview with each minor getting married without their parents present. SB 359 would eliminate this process.

If the law is signed by the governor, it will make New Hampshire one of 12 states that have banned marriage under 18 with no exceptions. The other states which have such a law in place include Washington, Michigan, Minnesota, New Jersey, Connecticut, Delaware, Massachusetts, Pennsylvania, Rhode Island, Vermont, and New York.

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Maine permits marriage for 16- and 17-year-olds with written consent from their parents, legal guardians, or custodians. However, this will become nullified in New Hampshire if SB 359 becomes law.

The bill was advocated for years by Rep. Cassandra Levesque, a Barrington Democrat. In 2018, the idea of raising the marriage age to 18 years from the then stipulated 14 years was first proposed by Levesque, then 19 and not yet a state representative. However, the House and Senate Republicans agreed to pass a bill to raise it to 16 instead. Levesque won her first election to the House and continued to advocate raising the marriage age to 18 years.

Levesque argued that raising the marriage age will prevent situations that can be exploited by others.

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Levesque, in the House Calendar introducing SB 359, said,

“The committee found that this bill is important to be in law because we know that age of majority does not amount to maturity, and that there is a greater risk of human trafficking and domestic violence without these protections.”

However, the bill was opposed by Republican lawmakers. Rep. Margaret Drye, a Plainfield Republican, argued that the marriage was a beneficial option for those under 18 in certain circumstances like an unexpected pregnancy.

Also Read: Ontario Sunshine List 2024 Reveals Why People Can’t Afford To Buy A Home

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Ontario Sunshine List 2024 Reveals Why People Can’t Afford To Buy A Home

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Ontario’s Sunshine List Reveals Why People Can’t Afford To Buy A Home

Ontario Sunshine List is released every year and it reveals the salaries of public sector workers who take home a salary in excess of $100,000. This year the list features 300,570 names which is 30,000 higher than last year of public sector employees with salaries over $100,000. The Ontario Sunshine list also features five employees working at the Ontario Power Generation who are among the top 10 earners with the province’s highest salary nearing $2 million.

Ontario had passed the Public Sector Salary Disclosure Act in 1996 under the Mike Harris government and the stated aim of the act was to make the government more transparent and accountable. The $100,000 limit was a big deal then.

However the $100,000 in 1996 in relative terms in 2024 will be equivalent to $180,564.97. If you remove 300,570 people on this year’s Ontario Sunshine List for that salary threshold there you drop 279,781 names. In other words there will be many people who will not be able to own a house without help from family or an inheritance.

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In a nutshell it means that employees who take home a six figure salary package will still feel the pinch of Canada’s affordability crisis. The soaring inflation and rising cost of living a $100,000 salary doesn’t guarantee financial security in many parts of the country.

Also, to maintain the $100,000 threshold today, the province should have adjusted it to $55,381.73 in 1996. Ontario has fixed a threshold of $100,000, while the threshold varies in other provinces. Alberta, for example, has set a threshold of $125,888 for government employees and $150,219 for people in public sector bodies.

Not much information is available for the federal government, but a Canadian Taxpayers Federation access-to-information request revealed that 110,593 employees in the federal public service earned $100,000 or more in 2023.

There are a couple of options for Ontario and other governments with non-indexing disclosure requirements. Resetting the threshold to a number that makes more sense today and then continuing to index the threshold going forward seems feasible.

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We also don’t need to reveal the names of all individuals. The government could report aggregated salary ranges by job title rather than disclosing specific names below a second, lower threshold. This would maintain government accountability and transparency by still disclosing who the highest earners are.

As it stands, we have a list that publishes the names and salaries of potentially hundreds of thousands of people who could not afford to buy a house. This doesn’t seem aligned with the original intent of the disclosure act.

Some features of the Ontario Sunshine List 2024 are as follows:

  • The highest paid employee took a pay check of $1.9M
  • Public sector employees were paid salaries in excess of $100K
  • The Ontario Sunset list top position is held by Kenneth Hartwick, CEO of the electricity Crown Corporation with a salary of $1.93 million followed by chief strategy officer Dominique Miniere $1.2 million and chief projects officer Michael Martelli drawing $1 million as salary.
  • Public sector workers were paid counting in Bill 124 compensation
  • 2024 budget revealed that Ontario deficit will triple
  • CEOs of the Hospital for Sick Children and the University Health Network figured in the top 10 list and each drew a salary of $850,000 each while CEO of the provincial transit agency, Metrolinx drew a salary of $838,097.
  • 17 professors or associate professors at the University of Toronto drew a salary in excess of $500,000

Caroline Mulroney, president of the Treasury Board, stated in a release,

“The largest year-over-year increases were in the hospitals, municipalities, and services, and post-secondary sectors, which together represented approximately 80 percent of the growth of the list.”

Also Read: Hims & Hers CEO Andrew Dudum Says Wants to Hire Student Protesters Backlash Underway

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