Legislators seeking to rewrite tax code visit Philadelphia [Newsworks] “Overall the goal is to reduce the number of special tax deductions and lower the overall tax rate paid by everyone. But the details—which exemptions mights stay or go—are still a work in progress. Even as he decried the spread of targeted tax breaks, [Sen. Max] Baucus [of Montana] said he’d like to see some incentives maintained for small businesses.”
Boomi co-founder looking to start new firm in same space [Philadelphia Business Journal] ““My plan, I guess, is to start something from scratch like I did with Boomi in Philadelphia again and hope to only make new mistakes this time,” [Boomi cofounder Rick] Nucci told me in a phone interview Thursday.”
Which law firms have the most Twitter followers? [Philadelphia Business Journal] “‘Law firms are uncomfortable with Twitter and rightfully so,’ said Gina Rubel of FuriaRubel Communications, who often advises law firms and other businesses on social media policy. ‘Twitter is about back and forth conversation and public dialogue. And that can be used against you. The concerns are not just limited to revealing client information… You don’t want to give legal advice, solicit business, speak about ongoing cases, communicate with judges or jurors. There’s a lot of risk involved.'”
Obama Budget Threatens Popular STEM Education Initiatives [Scientific American] “The Obama administration’s fiscal year 2014 budget lays out a sweeping restructuring intended to consolidate STEM education in the U.S. into three agencies—the Department of Education, the National Science Foundation and the Smithsonian Institution—and to cut down on the inefficiency of overlapping initiatives. Funding overall for STEM programs is actually slated to increase by 6 percent, to $3 billion, under the proposal. But support for popular educational initiatives from the National Institutes of Health (NIH), along with those from NASA and the National Oceanic and Atmospheric Administration, appears to have been lost in the consolidation shuffle.”
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