Thursday, December 17, 2020

Millions of Americans Expect to Lose Their Homes as Covid Rages

Millions of Americans Expect to Lose Their Homes as Covid Rages

By

Alexandre Tanzi

November 23, 2020, 3:21 PM CST

  • Almost 18 million adults are behind on mortgage, rent payments

  • CDC suspension on evictions is slated to expire at end of 2020


Image may contain: text that says 'Housing Dilemma In two metro areas, the low foreclosure/eviction estimate exceeds 100K Low estimate High New York City Houston Los Angeles Atlanta Phoenix Miami Dallas Chicago Philadelphia Riverside San Francisco Washington Boston Seattle Detroit 0 50K 100K 150K Source: U.S. Census Bureau, Household Pulse Survey Note: Metro areas sorted by midpoint 200K 250K 300K 350K 400K 450K Bloomberg, Nov 2020'

Millions of Americans expect to face eviction by the end of this year, adding to the suffering inflicted by the coronavirus pandemic raging across the U.S.

About 5.8 million adults say they are somewhat to very likely to face eviction or foreclosure in the next two months, according to a survey completed Nov. 9 by the U.S. Census Bureau. That accounts for a third of the 17.8 million adults in households that are behind on rent or mortgage payments.

Image may contain: text that says 'Dark Winter Percentage of adults living in households not current on rent or mortgage where eviction or foreclosure in the next two months is either very likely or somewhat likely 11 21 31 41 WA OR MT ND ID MN SD WY ME NV UT NE MA co PA IL IN KS oH WV MO AZ NJ DE NM VA OK TN AR NC AK SC MS TX AL GA FL Source: U.S. Census Bureau, Household Pulse Survey Bloomberg, Nov 2020'


Above is from:  https://www.bloomberg.com/news/articles/2020-11-23/millions-of-americans-expect-to-lose-their-homes-as-covid-rages

In 50 Years “Trickle Down” Never Worked

Taxes

Fifty Years of Tax Cuts for Rich Didn’t Trickle Down, Study Says

By

Craig Stirling

December 15, 2020, 6:01 PM CST

  • Paper looks at fiscal policies in 18 countries over 50 years

  • Governments shouldn’t worry about taxes on rich, author says

That's Debatable: Is It Time to Redistribute the World's Wealth?


Tax cuts for rich people breed inequality without providing much of a boon to anyone else, according to a study of the advanced world that could add to the case for the wealthy to bear more of the cost of the coronavirus pandemic.

The paper, by David Hope of the London School of Economics and Julian Limberg of King’s College London, found that such measures over the last 50 years only really benefited the individuals who were directly affected, and did little to promote jobs or growth.

“Policy makers shouldn’t worry that raising taxes on the rich to fund the financial costs of the pandemic will harm their economies,” Hope said in an interview.

That will be comforting news to U.K. Chancellor of the Exchequer Rishi Sunak, whose hopes of repairing the country’s virus-battered public finances may rest on his ability to increase taxes, possibly on capital gains -- a levy that might disproportionately impact higher-earning individuals.

U.K. Urged to Levy $350 Billion Wealth Tax to Fund Pandemic


It would also suggest the economy could weather a one-off 5% tax on wealth suggested for Britain last week by the Wealth Tax Commission, which would affect about 8 million residents.

The authors applied an analysis amalgamating a range of levies on income, capital and assets in 18 OECD countries, including the U.S. and U.K., over the past half century.

Their findings published Wednesday counter arguments, often made in the U.S., that policies which appear to disproportionately aid richer individuals eventually feed through to the rest of the economy. The timespan of the paper ends in 2015, but Hope says such an analysis would also apply to President Donald Trump’s tax cut enacted in 2017.

“Our research suggests such policies don’t deliver the sort of trickle-down effects that proponents have claimed,” Hope said.

Above is from: https://www.bloomberg.com/news/articles/2020-12-16/fifty-years-of-tax-cuts-for-rich-didn-t-trickle-down-study-says?fbclid=IwAR1DeWwRzAW8mgW-2KiT--zA4yrUTFFdk4hx-ZDpKpzN6rE-jgK2OTFmdik

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The Economic Consequences of Major Tax Cuts for the Rich

David Hope, Julian Limberg Working Paper 55

December 2020

    6. Conclusion This paper uses a two-stage process to estimate the causal effects of major tax cuts for the rich on economic outcomes. First, we identify instances of major reductions in tax progressivity by looking at substantial falls (greater than 2 standard deviations) in a new, comprehensive indicator of taxes on the rich that covers 18 OECD countries from 1965 to 2015. Second, we apply a nonparametric generalization of the difference-in-differences indicator that implements Mahalanobis matching in panel data analysis to estimate the causal effect of major tax cuts for the rich on income inequality, economic growth, and unemployment.

    We find that major tax cuts for the rich push up income inequality, as measured by the top 1% share of pre-tax national income. The size of the effect is substantial: on average, each major tax cut results in a rise of 0.8 percentage points in top 1% share of pre-tax national income. The effect holds in both the short and medium term. Turning our attention to economic performance, we find no significant effects of major tax cuts for the rich. More specifically, the trajectories of real GDP per capita and the unemployment rate are unaffected by significant reductions in taxes on the rich in both the short and medium term. Our results have important implications for current debates around the economic consequences of taxing the rich, as they provide causal evidence that supports the growing pool of evidence from correlational studies that cutting taxes on the rich increases top income shares, but has little effect on economic performance (Lee and Gordon, 2005; Piketty et al., 2014; Roine et al., 2009). They also align with the causal findings in Rubulino and Waldenstrom (2020), but provide stronger and more generalizable conclusions, as our approach allows us to move beyond looking at tax changes in only handful of selected countries.

    There are several potentially fruitful avenues for future research that come out of our analysis. While our choice of dependent variable (including both capital and labour income) makes it less likely the results are being driven by tax shifting or avoidance, we do not specifically test the mechanisms at work. Follow up research could therefore assess whether the macroeconomic effects we find are being driven by the mechanism outlined in Piketty et al. (2014), which is that lower taxes on top incomes induce the rich to bargain more aggressively to increase their own rewards, to the direct detriment of those lower down the income III Working Paper 55 Hope, Limberg 22 distribution. The analysis could also be extended outside of the OECD to see if the findings hold in countries with lower fiscal capacity. Lastly, from a policy perspective, it would also be important to understand more about the extent to which individuals’ attitudes to taxing the rich are influenced (or not) by the provision of new information about its economic consequences.

    Status of Boone County Nursing Homes and COVID 19

    Long-Term Care Facility Outbreaks COVID-19

    Total number of laboratory confirmed COVID-19 cases and deaths among residents in all long-term care facilities, not just outbreaks

    Total Cases Illinois long term facilities

    54,907

    Total Deaths

    6,954

    Frequently Asked Questions

    Long-Term Care Facilities in Illinois Experiencing a COVID-19 Outbreak Among Residents and Staff

    Information provided below is provisional, subject to change, and updated weekly. Facilities report data to their local health departments, which in-turn report IDPH, so lag time and discrepancies are to be expected. We are committed to transparency and are reporting the information available to us at the time.  Long-term care facilities and local health departments will have the most up-to-date data.

    Data reported as of 12/11/2020

    Status:
    AnyOpenClosed

    Open - Current outbreak with case(s) in the past 28 days
    Closed - Previous outbreak with no case(s) in the past 28 days

    <?XML:NAMESPACE PREFIX = "[default] http://www.w3.org/2000/svg" NS = "http://www.w3.org/2000/svg" />

    Select County:


    Boone

    Heritage Woods of Belvidere

    Outbreak Reported Cases: 23

    Deaths: 0

    Status: Open

    Heritage of Woods

    Outbreak Reported Cases: 5

    Deaths: 1

    Status: Closed

    Maple Crest Care Center

    Outbreak Reported Cases: 88

    Deaths: 8

    Status: Open

    Northwoods Care Center

    Outbreak Reported Cases: 8

    Deaths: 0

    Status: Open

    Park Place

    Outbreak Reported Cases: 76

    Deaths: 3

    Status: Open

    Park Place of Belvidere

    Outbreak Reported Cases: 6

    Deaths: 0

    Status: Closed

    Symphony Northwoods

    Outbreak Reported Cases: 89

    Deaths: 16

    Status: Closed


    Above is from:  http://dph.illinois.gov/covid19/long-term-care-facility-outbreaks-covid-19

    December 17: 8828 New COVID 19 Cases in Illinois

    Wednesday, December 16, 2020

    Belvidere Police have 3 Pending Legal Cases for Excessive Force


    There is a FACEBOOK discussion of this article at:  https://www.facebook.com/groups/652366255106713/permalink/1377963219213676



    13 INVESTIGATES: New lawsuits, allegations of excessive force surface against Belvidere Police

    Last updated today at 10:29 pm

    December 16, 2020 10:15 pmKristin Crowley13 INVESTIGATES, FEATURED REPORTS, NEWS, TOP STORIES

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    Three men are suing, alleging they were victims of excessive force at the hands of Belvidere Police. All three lawsuits name Officer Brandon Parker.

    excessive forceThree men are suing, alleging they were victims of excessive force at the hands of Belvidere Police. All three lawsuits name Officer Brandon Parker.

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    BELVIDERE (WREX) — For the second time this year, 13 Investigates is looking into allegations of excessive force at the Belvidere Police Department. This latest investigation comes after three new lawsuits were filed , all of them from men saying arrests with Belvidere Police landed them in the hospital. All three lawsuits name Officer Brandon Parker.

    Officer Parker was a subject in our February 2020 investigation into excessive use of force allegations. Multiple people came forward accusing him and other officers on the department of abusing their power.

    Following our investigation, even more people came forward with similar allegations at a Belvidere City Council meeting. Despite their allegations, and at least a dozen lawsuits involving police officers, Chief of Police Shane Woody and Mayor Mike Chamberlain chastised our report and stood by the officers.

    "I know the whole truth. I've looked at all the information and that, what you saw on 13, was nothing compared to what the reality is," said Woody in February of 2020.

    "We don't beat up people. We subdue them and take them to the ground so we can control the situation," said Chamberlain at that same City Hall meeting.

    But the two refused to explain "the whole truth," and denied 13 Investigates an on-camera interview then and now. This time, citing pending litigation, but maintaining in a letter, "all complaints are investigated thoroughly" and appropriate discipline is given "when warranted".

    13 Investigates interviewed a nationally recognized expert on police use of force, Michael Leonesio, to review the latest claims and how the city is handling them.

    "It certainly raises some concerns," said Leonesio.

    We showed him dashcam video of a stop Officer Parker did on two people who were walking on a sidewalk. In the video Parker says, "You both look a little young to be out."

    It turns out the man in the video is 24, not too young to be out. But Officer Parker wouldn't know that because he never asked for ID or any information, for that matter.

    "I didn't see any investigation. And that becomes a big problem," said Leonesio.

    Parker then tells the man to take his hands out of his pockets and yells, "Don't move!" before kicking the man into the street, and out of view of the dashcam. Once off camera, Officer Parker gives his K9 the order to engage. In his police report he said it's because the man punched him, though the lawsuit disputes the man ever hit Officer Parker.

    "Would you consider this excessive use of force?" we ask Leonesio.

    "It could be, " he responds. "It's difficult to say just based on seconds of video."

    We also showed Leonesio the police report. Parker says he stopped the couple because he thought they might be breaking curfew. Once out of his car, he writes that it looked like the man was doing something with his hands, and that he didn't know if the girl was "being held hostage."

    "There was no indication as you saw them walking up the street that the female was a hostage," said Leonesio. "That's a bit of a leap."

    Also in Officer Parker's police report, he writes, "I placed my right foot" on the man's right side. Leonesio said that's not what he did, he kicked him. And said that is not a trained tactic he has ever seen used by police in stops.

    In another arrest involving Officer Parker, a man named Adam Fick refused to give officers his name. He was being arrested for obstruction of justice, then has a struggle with the officers, and Officer Parker's K9 is let out of the car and bites him. He was taken to the hospital for his injuries.

    Fick's attorney, Patrick Moore, said what Officer Parker said happened in his police report and what the dashcam shows do not match up.

    "Officer Parker released the dog on Fick. Both Officer Parker and Officer Zapf after the incident discuss how Officer Parker was the one who released the dog," said Moore. "And yet Officer Parker's report claims that it was Mr. Fick who released the dog himself."

    But Leonesio said there is a bigger problem in his eyes with the arrest.

    "The act that he was commanding him to bite is the concerning part to me," he said.

    The Belvidere Police Department didn't see it that way. It decided the use of force was justified, because it said Fick made a fist and Parker took that as a threat he would punch him.

    Federal court records show city attorneys deny excessive force was used in this case, saying Officer Parker reacted in "and objective, reasonable way".

    Parker, himself, wrote in a report, "If Adam would have cooperated and not fought, he wouldn't have been injured."

    "While I did see active resistance, I didn't see anything at that point that in my view would have risen to the level of a dog deployment," said Leonesio.

    During the arrest of Fick, one of Fick's friends was recording on his cell phone. Dashcam video shows Officer Parker yelling at the man, "Put the phone down!" A command Leonesio said Officer Parker has no right to make.

    "There's nothing illegal about a person being in a public place, filming police doing their work," he said.

    Then, Officer Parker took the phone away from the man. That phone was never returned to the man; it is still in the hands of officials. Leonesio says that's a potential Fourth Amendment violation.

    The third lawsuit involves a man who claims multiple officers, including Officer Parker, hit him repeatedly because he did not want to lie down on the ground in dog feces to be arrested. Police reports show one officer admits to hitting him twice in the face because he would not comply and lie on the ground so he could be arrested. The man was taken to the hospital with a broken eye socket and nose.

    After showing Leonesio all the evidence, we asked what should happen next with the Belvidere Police Department. His answer? An outside investigation.

    "That is certainly the way to go at this stage," he said.

    After our last 13 Investigates report, Ald. Marsha Freeman called for an outside investigation during a city council meeting.

    "It is my recommendation that we commission an unbiased outside entity to continue the investigation and get to the bottom of the allegations," she said in March of 2020.

    But council never approved one.

    "Those concerns need to be addressed," said Leonesio.

    The question is with these new lawsuits and allegations, will they be addressed now?

    *If you would like to view all of the unedited dash cam videos and public documents obtained by 13 Investigates, click here.  (https://wrex.com/2020/12/16/web-exclusive-13-wrex-publishes-dash-cam-lawsuits-and-documents-for-investigation-in-to-belvidere-police-allegations/)

    Above is from:  https://wrex.com/2020/12/16/13-investigates-new-lawsuits-allegations-of-excessive-force-surface-against-belvidere-police/

    Earlier 13 Investigates Reports

    March 2, 2020 11:13 pmKristin Crowley13 INVESTIGATES, TOP STORIES

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    BELVIDERE (WREX) — For the second week in a row, it was standing room only at Belvidere City Hall. But this week, the public got their chance to share their concerns with aldermen.

    "It takes something like this to happen for everybody to be on the same page and really raise the awareness that something needs to be done," said Antonion Sanchez, who said he had concerns about issues within the Belvidere Police Department.

    "Our officers are on attack these days. They need to watch over their shoulders and every single movement can be a movement of aggresion," said another resident, Anna Rogers, who defended the department.

    The discussion comes on the heels of a 13 Investigates special report about allegations of misconduct and excessive force within the department. The investigation showed dashcam video of an arrest in which a man was taken to the ground after he was pulled over for a burnt out license plate light. It also revealed two officers on the force have a higher "resisting arrest rate" than the entire department.

    Chief of Police Shane Woody defended his officers and department Monday, though he say there is room for improvement.

    "Resisting arrest statistics are not typically a statistic the police department tracks because there isn't anything against department policy or state law to have more types of arrests than any other officer. but now that I'm aware of these statistics, it's something we'll monitor going forward," he said.

    Woody said he does not agree with the 13 Investigates report, and that his officers strive to be professional.

    "These allegations are not representative of the police department I know and am chief of," Woody said.

    Aldmeran Marsha Freeman, who wanted the discussion added to Monday's agenda, was the only alderman who spoke on the record Monday.

    "As alarmed as I was by the newscast, I am in some form grateful that this has come to light. If there is a problem, and by all outward appearances there is, it needs to be addressed by the leaders within our community. It is my recommendation that we commission an unbiased, outside entity to continue the investigation and get to the bottom of the allegations," she said.

    Freeman went on to say she at least wants city council to look into body cameras for officers.

    Kristin Crowley

    Evening News Anchor
    Kristin Crowley anchors the 5, 6 and 10 p.m. news. She is also a reporter for 13 Investigates. She brings more than a decade of experience to the newsroom. Her work at WREX has earned her multiple awards including a regional Edward R. Murrow for Investigative Journalism and three regional Emmys.

    December 16: 7123 New COVID 19 Cases in Illinois

    Tuesday, December 15, 2020