Monday, February 24, 2020

Maximus Reaps Medicaid Money Amid Cuomo-De Blasio Budget Woe

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Gov. Andrew Cuomo has a message for New York City: Get tougher on screening patients for the state's budget-busting Medicaid program or expect to shoulder more of the cost.

Mayor Bill de Blasio projects the governor's proposal could run the city an extra $1.1 billion a year, on top of more than $5 billion it already devotes to Medicaid.

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Publisher: The City
Date: 2020-02-24T09:05:01.570Z
Author: Josefa Velasquez
Twitter: @TheCityNY
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Bloomberg - Are you a robot?
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Upstart company wants to make you premium golf clubs for budget prices

The modus operandi behind Vancouver-based Haywood Golf ( haywoodgolf.com ) is a simple one—make golf friendlier, hipper and more fun . For company founder Josh Haywood, the way to accomplish all three objectives was to remove one of the barriers to entry: the cost of buying a new set of clubs .

The result: a direct-to-consumer equipment brand with products costing as low as $99 (wedge) and $650 (seven clubs).

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The wedges are forged from carbon steel with CNC-milled grooves for precise control, while the irons feature a two-piece construction that marries a stainless-steel body with an even firmer stainless-steel face for increased ball speeds.

Publisher: Golf
Date: 2020-02-23T13:55:01 00:00
Twitter: @golf_com
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Singapore Budget 2020: Funds And Wealth Management Implications

The Singapore 2020 Budget has introduced a suite of timely and welcomed initiatives to support Singapore's economy, especially in light of the recent COVID-19 outbreak. We have summarised below some of these new Budget initiatives and highlighted recent developments and possible changes on the horizon that may be of interest to asset and wealth managers.

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In keeping with the theme of the 2020 Budget to help ward off a predicted downturn in the local economy, a suite of corporate tax changes were announced. These are not specific to asset or wealth managers but are potentially of interest nonetheless. Announcements include an increase in the tax rebate to 25% of tax payable, capped at S$15,000. The carry back of losses and allowances has been extended from one year to three, though it remains capped at S$100,000.

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Mboweni Budget Unlikely to Stop South Africa's March to Junk (1)

South African Finance Minister Tito Mboweni 's budget this week is unlikely to convince Moody's Investors Service that he has a credible plan to rein in government debt.

Twitter: @tax
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Budget measures provide relief but virus fears linger, Companies & Markets News & Top Stories -

Last Friday, Singapore's Straits Times Index fell 17.65 points or 0.55 per cent to close at 3,181.03. For the week, the blue-chip index slipped 39 points or 1.2 per cent from 3,220.03.

The market has been absorbing Budget-related measures, with several of them expected to mitigate the impact of the coronavirus outbreak on locally listed companies.

The $6.4 billion in virus support - including $4 billion for firms, $1.6 billion for households, and $800 million for front-line agencies - came as a much-needed reprieve for sectors including tourism, aviation, retail, food services and point-to-point transport.

Publisher: The Straits Times
Date: 2020-02-24T05:00:00 08:00
Twitter: @STCOM
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Best Window Treatments 2020: Budget Blinds Window Coverings

Customers of Budget Blinds Window Coverings in Vacaville throw no shade on the local franchise but instead shine a light of praise on the operation, selecting it as the place that offers the Best Window Treatments in Solano County.

The honor came in the Daily Republic’s latest Readers’ Choice survey. Anyone who is in the market for window coverings need go nowhere else.

“We are a full service window coverings company. We sell and install anything for the windows, from blinds, to drapery, to shutters and everything in between,” owner Toni Parkhurst says. “We are the largest window coverings franchise in the country, with over 1,400 locations. This allows us the very best pricing, with exclusive warranties and products that only Budget Blinds can offer.”

Publisher: Daily Republic
Date: 2020-02-23T03:56:38-08:00
Author: Daily Republic Staff
Twitter: @alldailyrepnews
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Rishi Sunak budget: Tories 'to save high street' with land tax to replace business rate | News |

The current system of business rates is based on shop rental values and is calculated every five years. The levy is paid by tenants, rather than landowners.

It is viewed as outdated because companies that need a presence in town centres pay higher rates than online and out-of-town rivals.

The review will examine proposals for a tax on the land rather than buildings based on its "permitted planning" use, meaning that

Date: The Times
Author: Steven Swinford Deputy Political Editor Oliver Wright Policy Editor
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