States Archives - Zxcoachoutlet

Flood Insurance Policies Expiring This Year – United States Virgin Islands

September 29, 2020

ST. CROIX, U.S. Virgin Islands – Following the devastating disasters and hurricane season of 2017, FEMA purchased three-year flood insurance policies for thousands of disaster survivors whose homes were flooded. Those policies are set to expire this year, and survivors need to purchase a new flood insurance policy, or obtain other flood insurance, in order to remain eligible for future FEMA assistance.

Part of the eligibility of receiving financial assistance after a flood is that a homeowner or renter must obtain and maintain flood insurance to ensure that there is no lapse in coverage. If a property affected by a flood is sold, the new owners are required to have flood insurance for the property as well.

Participants must purchase a flood insurance policy or they will be ineligible to receive most forms of assistance in subsequent disasters.

In the U.S. Virgin Islands there are 15 policies expiring from hurricanes

Higher Unemployment Level As Some States Are Slower To Reopen

September 29, 2020

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Improvement is being made in the job market as the continuing claims data and unemployment rate continue to decline. In addition to the continuing claims category and as a result of the pandemic, another category of unemployment insurance has been created, the Pandemic Unemployment Assistance (PUA) category. The PUA program had 11.5 million individuals receiving benefits as of the week ending September 5. This category is almost as large as the regular unemployment category which totaled 12.3 million individuals for the same ending week. As can be seen in the below chart, continuing claims including PUA has improved; however, unemployment assistance across these categories remains at too high of a level.

When examining which states account for a large portion of the claims, there are six. The six states are California, New York, Texas, Michigan, Illinois and Pennsylvania. These six states account for about 50% of the continuing claims as

Why some states are struggling to pay unemployment benefits

September 28, 2020

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Sam Fornasiero

For an instant, luck seemed to change for Sam Fornasiero.

The 21-year-old’s phone call was put on hold — a noteworthy improvement relative to the 2,000-plus prior attempts to reach New Jersey’s unemployment bureau, by his estimation.

The call went dead after a half hour of waiting.

But Fornasiero has gotten good at waiting.

Furloughed from his job at a film-production company in New Jersey in April, Fornasiero has waited more than five months for jobless benefits to arrive. He expects to be recalled to work at some point but doesn’t know when.

“Weeks turned into months,” Fornasiero, a photographer by trade, said of the benefits delay. “I burned through what savings I had.”

Waiting game

Fornasiero is one of thousands lost in the void of the U.S. unemployment system created by the coronavirus-fueled economic crisis.

A deluge of applications — unprecedented in both speed and

Jeffrey Gundlach Tells Realtors in Low-Tax States to ‘Give Me a Call’

September 27, 2020

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(Bloomberg) — Jeffrey Gundlach may be on the move.

© Photographer: Bloomberg/Bloomberg
Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine Capital LP, waves after speaking at the 23rd annual Sohn Investment Conference in New York, U.S., on Monday, April 23, 2018. Since 1995, the Sohn Investment Conference, has brought the world’s savviest investors together to share fresh insights and money-making ideas to benefit the Sohn Conference Foundation’s work to end childhood cancer.

The Doubleline Capital chief executive officer tweeted an invitation for real estate agents in “low tax, well governed” U.S. states to call him, as he openly pondered leaving his Los Angeles base.

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In a series of tweets, sent late Saturday on the West Coast, the billionaire investor said that public figures including Elon Musk “are leaving California to escape incompetent governance.”

Like many states in need of more revenue due to the economic

It’s time for states that grew rich from oil, gas and coal to figure out what’s next

September 27, 2020

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By Bradley Handler, Colorado School of Mines; Matt Henry, University of Wyoming, and Morgan Bazilian, Colorado School of Mines

These are very challenging times for U.S. fossil fuel-producing states, such as Wyoming, Alaska and North Dakota. The COVID-19 economic downturn has reduced energy demand, with uncertain prospects for the extent of its recovery. Meanwhile, rising concern about climate change and the declining cost of renewable energy are precipitating a sharp decline in demand for coal in particular.

As a result, fossil fuel-dependent states and communities face the prospect of budget shortfalls and lower employment for the next several years. As researchers who study energy from economic, cultural and public policy perspectives, we believe that it is time for these states to develop long-term plans to diversify their economies and help ensure just and equitable transitions.

The idea of a just transition emerged from North American labor law, and

The United States Senate Committee on Finance

May 5, 2020

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Click here to read the conference report for the Tax Cuts and Jobs Act.
Click here to read the JCT score of the conference report for the Tax Cuts and Jobs Act.
Click here to read Tax Cuts and Jobs Act policy highlights.
Click here to see the real world impact of the Tax Cuts and Jobs Act.

Click here to see the section-by-section addendum post-Senate passage.
Click here to read the section-by-section of the Finance Committee-passed bill.

A look at the Finance Committee’s history in the tax space may be found here.

April 20, 2018: Tax Day 2018: The End of an Era

Senate Finance Committee Members took the opportunity to talk about the benefits of the nation’s new, 21st century tax code that prioritizes the middle class, job creation, higher wages and economic growth.

April 19, 2018: Tax Reform on Tax Day: What