Common Sense: In One Man’s Return, The Tax Code’s Unfairness

Perception of the 2024-25 Nuggets is turning into a case study of optimism vs. pessimism. Are you a glass-half-full kind of person? Then when the Nuggets improved to 14-10 with their latest miracle this week in Sacramento, you probably thought of the remarkable number of clutch moments they’ve conjured in such a small fraction of this season, from a refreshing variety of sources. You probably dwelled on Jamal Murray’s game-winning step-back jumper with 8.6 seconds remaining.

Two Colorado men are suspected of defrauding dozens of investors of nearly $8 million in a foreign exchange trading scheme, according to the U. S. Department of Justice. Heath Posey, of Denver, and Timothy McPhee, of Estes Park, were charged with wire fraud, conspiracy to commit wire fraud and money laundering following a Denver grand jury indictment, federal officials said Wednesday. Related Articles Crime and Public Safety | Aurora apartments owner CBZ Management sues Colorado attorney general in bid to quash subpoenas Crime and Public Safety | Denver man defrauded dozens — including pro athletes in Colorado — through investment scheme, feds allege Crime and Public Safety | Jeffco contractor guilty of felonies after Arvada asbestos fiasco Crime and Public Safety | Colorado funeral home owners who let nearly 190 bodies decay plead guilty to corpse abuse Crime and Public Safety | Phone scammers are impersonating Denver sheriff deputies, officials say Posey, 38, and McPhee, 63, allegedly posed as the “ROI Cash Flow Fund” and convinced more than 50 people to send them money, which they claimed would be used for buying and selling foreign currency, also known as forex trading. The pair told investors they would see a 3% monthly return, according to the indictment. Instead, Posey and McPhee transferred the money to their own bank accounts and used the funds for personal investments and to pay off other investors, according to the indictment. Posey and McPhee were arrested Wednesday, according to court records. Their next court appearance was not immediately available and they could not be reached for comment. Sign up to get crime news sent straight to your inbox each day.

Fluid Truck, whose vehicle rental app made it a darling among Denver startups before post-pandemic overexpansion put it on a path to insolvency, will be sold. This week’s sale to Kingbee Rentals, a similar company in the Salt Lake City suburbs, allows Kingbee to acquire Fluid’s technology and its 100-plus employees.

By CHRIS MEGERIAN WASHINGTON (AP) — President-elect Donald Trump delivered a likely death blow to bipartisan congressional budget negotiations on Wednesday, rejecting the measure as full of giveaways to Democrats after billionaire ally Elon Musk whipped up outrage toward the bill and cheered on Republican lawmakers who announced their opposition. Trump’s joint statement with Vice President-elect JD Vance, which stopped the bill in its tracks, punctuated a daylong torrent of social media posts by Musk attacking the legislation for what he described as excessive spending. “Stop the steal of your tax dollars!” Musk wrote on his social media platform X as he dangled primary challenges against anyone who voted for the budget deal, a threat Trump later echoed in a post of his own. The episode showcased the growing political influence of Musk, whom Trump has selected alongside entrepreneur Vivek Ramaswamy to spearhead the Department of Government Efficiency, a nongovernmental task force formed to find ways to fire federal workers, cut programs and reduce regulations. Rep.

Broncos cornerback Pat Surtain II (ankle) is expected to play on Thursday night against the Chargers after being listed as a full participant in Denver’s estimated injury report for the third straight day. Starting defensive end John Franklin-Myers (foot) and nose tackle D. J. Jones (finger) were also listed as full participants and expected to play in Denver’s prime-time showdown. Surtain sustained an ankle injury in the fourth quarter of last week’s win against the Colts.

Sixteen suspected Tren de Aragua gang members remained in federal custody Wednesday on immigration holds after a violent home invasion and kidnapping at Aurora’s Edge of Lowry apartments. All 16 suspects in custody are undocumented Venezuelan immigrants and are suspected of being members or associates of the Venezuelan prison gang, a U.