Recent reports that the National Basketball Association’s Sacramento Kings were considering — and set to announce — an imminent move to Virginia Beach, Virginia appear premature.
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Category: author, Economic Development, Economics, Economy, Feeds, Health, Justice, LGBT, Media, Science, Slate, The Nation, ThinkProgress, Tweets, Washington, Yglesias | Comments OffGovernor Bob McDonnell (R-VA) today claimed the issue of a rape exception to abortion was a “detail” to be left up to states and Congress. On ABC’s This Week, George Stephanopoulos confronted the Governor and Party Platform Chair with the absolutist anti-abortion language in the platform he led the development of.
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Category: author, Congress, Economy, Feeds, Health, Justice, LGBT, Media, Medicare, Planned Parenthood, Politics, Republican Party, Science, SPONSOR, ThinkProgress, Tweets | Comments OffIn a remarkably quick political two-step, Gov. McDonnell (R-VA) endorsed Mitt Romney this morning, and told Politico the multi-million dollar candidate should speed up the disclosure of his tax returns this afternoon. “He said he’ll release them in April, that’s when most people have done it, that’s up to him,” McDonnell said. “I’d say the sooner the better, but look, that’s a call for him.” This follows Sen. Scott Brown (R-MA), who also piled on Romney earlier today concerning the same issue.
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Category: Africa, author, Economy, Feeds, Health, Justice, LGBT, Media, politico, Politics, SPONSOR, Taxes, ThinkProgress | Comments OffVirginia Gov. Bob McDonnell (R) appeared on MSNBC this morning and used the opportunity to misleadingly claim that the 1 percent “contributes most to philanthropy in this country.” McDonnell was asked during an interview with Chuck Todd about his use of the term “class warfare.” The Virginia Governor hinted that President Obama was behind the 99 Percent Movement, before moving on to defend the 1 percent. “If you look at who contributes most to philanthropy in this country,” said McDonnell, “I guess it’s that 1 percent”: TODD: You just used the phrase “class warfare.” Do you think Speaker Gingrich and Rick Perry are tiptoeing on the line of class warfare on these attacks on Bain? MCDONNELL: No, but I think President Obama is. This 99 percent versus 1 is the epitome of that. If you look at who contributes most to philanthropy in this country, I guess it’s that 1 percent. I think these attacks are really unfounded and one that undermine the basic tenets of the American dream. We ought to celebrate more people being able to be successful and making it financially or politically or any other measure of success and not criticize. I think that’s not healthy for our country and people that have shown success in any walk of life ought to be uplifted as a model. Watch it: In fact, as a percentage of their income, poorer individuals tend to give at far higher rates than the wealthy. The 2000 Social Capital Community Benchmark Survey found that those making less than $20,000 per year gave away 4.6 percent of their income, while those making more than $100,000 gave just 3.1 percent. In terms of overall dollars given, the top 0.5 percent in income earners (annual income over $1 million) donate approximately half of all charitable proceeds, but the percentage of their income donated significantly lags individuals of more modest means. Portfolio has more : But the fact that the working poor sacrifice the highest percentage of their income is also important. Charitable giving is more than just a source of money to fund nonprofit activities; it is an expression of how communities band together to meet common goals.
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