Categories
Politics

Democrats think about new taxes aimed toward CEO pay, inventory buybacks for $3.5 trillion price range plan

Senate Minority Leader Chuck Schumer (D-NY) speaks during a press conference on the coronavirus outbreak at the U.S. Capitol on March 11, 2020 in Washington, DC. Schumer and other members of the Democratic Caucus urged companies and employers to offer all employees paid sick leave in accordance with recommended health practices. Also pictured (LR) are Sen. Sherrod Brown (D-OH), Sen. Ben Cardin (D-MD), Sen. Ron Wyden (D-OR), Sen. Patty Murray (D-WA), Sen. Patrick Leahy (D-VT) and Senator Mark Warner (D-VA).

Win McNamee | Getty Images

Democrats in Congress are considering a series of new taxes to pay their $ 3.5 trillion draft budget, which targets large corporations and the country’s largest corporations to buy back shares.

On a discussion list of several new and expanded potential taxes is a proposal to impose an excise tax on public companies that buy back a “significant” amount of stock.

The list compiled by CNBC also includes a tax on companies whose CEO salaries exceed a ratio to be determined by the average employee of the company.

A discussion list is a draft of ideas that lawmakers put together before formally presenting them to the House or Senate. Members of Congress will often hand out a list to determine which and how many members of the caucus support aspects of the plan. Therefore, important details such as the threshold above which certain taxes would be incurred and the amount of the payment have not yet been clarified.

The Democrats’ plan also includes taxes related to carbon emissions, which would likely be rejected by President Joe Biden and other moderate Democrats.

The proposed carbon taxes include a per tonne tax on the carbon dioxide content of leading fossil fuel manufacturers in production, which starts at $ 15 and escalates over time. Another suggests a per tonne tax on CO2 emissions levied by large industrial emitters such as steel and cement manufacturers. A third offers a simple per barrel tax on crude oil.

A related plan would remove significant fossil fuel tax subsidies, including credits and expedited deductions for extraction, preferential treatment of foreign income, and the ability to evade corporate tax for pipeline companies.

But the supposed taxes are not exclusive to companies.

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Democrats point out that the current maximum tax rate of 37% will expire by the end of 2025 when it returns to its previous 39.6%. Her plan would speed up that schedule and restore the 39.6% in 2022.

The plan also aims to remove the long-criticized loophole in carried interest by requiring fund managers to pay normal rate taxes annually and be subject to self-employment tax.

Money managers often receive around 20% of accrued profits over a certain annual return, which can constitute the majority of a person’s income if their market bets result in significant profits. But that 20% commission is taxed at the 20% capital gains rate – the Democrats want that income, realized or not, to be taxed at the normal income tax rate every year.

The litany of tax ideas comes as Democrats look for ways to fund major spending initiatives they promised during the 2020 election cycle.

The Biden administration, Senate Majority Leader Chuck Schumer, DN.Y., and House Speaker Nancy Pelosi, California, are trying to push through more than $ 4 trillion in budget spending next month. The country’s top Democrats want a bipartisan $ 1 trillion infrastructure plan and a budget adjustment of $ 3.5 trillion to address issues like climate change and poverty.

Republicans are united in their opposition to the $ 3.5 trillion plan.

The revenue stream could also be an attempt to reassure Conservative Democrat Senator Joe Manchin, who Thursday called on party leaders to “pause” their deliberations on the $ 3.5 trillion bill.

“For my part, I will not support $ 3.5 trillion or even close to that amount of additional spending without clarifying why Congress is ignoring the grave effects of inflation and debt on existing government programs,” wrote Manchin on Wall Street Journal op-ed.

– CNBC’s Ylan Mui contributed to this report.

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World News

Amazon companions with Affirm for first purchase now, pay later partnership

Amazon is diving into the buy now, pay later space.

The e-commerce giant is teaming up with Affirm for its first partnership with an installment payment player on the popular e-commerce site.

Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months, the companies said in a statement. The partnership will let Amazon customers split purchases of $50 or more into smaller, monthly installments.

Affirm’s stock spiked as much as 48% after-hours Friday on the news, adding more than $8 billion to its market capitalization, later settling up around 33%. Amazon shares were unchanged.

Friday’s partnership is the latest sign of the booming lending space as younger consumers move towards these alternative lines of credit. Earlier in August, Square jumped into the space with a $29 billion deal to buy Australian fintech Afterpay.

So-called installment loans have been around for decades, and were historically used for big-ticket purchases such as furniture. Online payment players and fintechs have been competing to launch their own version of “pay later” products for online items in the low hundreds of dollars.

SEE ALSO: Affirm review: When should you use ‘buy now, pay later’ provider?

Affirm is one of the best known installment payment options. It works with more than 12,000 merchants, including Peloton and Walmart.

PayPal, Klarna, Mastercard and Fiserv, American Express, Citi and J.P. Morgan Chase are all offering similar loan products. Apple is planning to launch installment lending in a partnership with Goldman Sachs, Bloomberg reported last month.

Affirm said some of the Amazon customer loans will bear interest, but some will come with 0% APR. Other installment-type options are available on Amazon through credit cards.

“By partnering with Amazon we’re bringing the transparency, predictability and affordability that Affirm provides today to the millions of people who shop on Amazon.com in the U.S.,” Eric Morse, Senior Vice President of Sales at Affirm, said in a statement. “Offering Affirm’s alternative to credit cards also delivers more of the payment choice and flexibility consumers on Amazon want.”

Categories
Politics

Salt Bae Nusr-Et steakhouse chain sued for unpaid additional time pay

Turkish restaurateur Nusret Gokce aka Salt Bae arrives for the screening of the film “The Traitor (Il Traditore)” at the 72nd edition of the Cannes Film Festival in Cannes, southern France, on May 23, 2019.

Loic Venance | AFP | Getty Images

Christy Reuter, a lawyer for Gokce, had no immediate comment but said she would notify him about CNBC’s request for one.

Gokce, a flamboyant native of Turkey, several years ago became the internet meme sensation known as Salt Bae for his sensuously shot videos.

Gokce’s oft-viewed Instagram and Twitter posts frequently feature him in sunglasses and a tight, white shirt, expertly butchering beef with a long, sharp knife, and then drizzling salt down onto steaks, the crystals at times hitting his forearm, which he twists into the shape of a swan.

“All of my feelings are coming from inside of the meat down to when I put the salt onto the meat,” Gokce once told NBC News.

In addition to locations in New York, Miami and Dallas, his steak chain now has restaurants in Istanbul, Dubai, Abu Dhabi, Mykonos and several other cities.

While getting the chance to gawk at Salt Bae himself in action if Gokce happens to be in the restaurant that night, diners fork over big bucks for the eatery’s offerings.

A kale salad is one of the least expensive appetizers on the menu in New York, at $25 a pop.

The prices escalate from there, with a thick-cut wagyu ribeye steak on offer for $100 and the “Saltbae Tomahawk” wagyu — a “high marbled, mustard marinated bone in ribeye” — costing $275 apiece.

Toss in sauteed mushrooms with that, and it will cost you 15 bucks extra.

The five men who sued the chain and Gokce himself Monday claimed they were shorted some of the proceeds of those whopping dinner bills, after getting hired in 2018 and 2019 on the heels of his online fame.

Four of the men, Ersel Ok, Muhammet Yilmaz, Emre Isler and Eyyup Yeniceri, live in Queens, New York, while the fifth, Ibrahim Gecit, lives in Miami.

Their suit says that all five men worked for the chain until the last two weeks of July.

All of them are Turkish citizens “recruited by Defendants to relocate to the United States to work at Defendants’ internationally renowned restaurants” as grillers, the suit says.

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After arriving in the U.S., the suit says, the men were assigned “to work grueling hours in non-managerial positions at the restaurants” despite being classified by the chain as exempt workers, who were paid a flat weekly salary.

So-called non-exempt workers, such as cooks, are entitled to overtime pay equal to 1.5 times their hourly wage after working 40 hours in a single week.

The suit says that the most any of the men were paid was a weekly salary of $1,125.

Turkish restaurateur Nusret Gokce, also known as ‘Salt Bae’, speaks to his staff at his restaurant ‘Nusr-Et’ at the Grand Bazaar after its reopening on June 1, 2020 in Istanbul.

Ozan Kose | AFP | Getty Images

The complaint says the men regularly worked at least 72 hours per week but were denied overtime compensation, as well as “spread-of-hours pay on days when their shifts spanned over ten hours.” Restaurant workers are entitled to one extra hour of pay if their work on a single day exceeds 10 hours.

“Defendants further failed to provide Plaintiffs with accurate wage notices at their time of hiring, and failed to keep accurate records of Plaintiffs’ hours worked and provide Plaintiffs with accurate wage statements with each payment of wages,” the suit said.

The complaint said Gokce hired the men and gave them “letters in support of their I-129 O-2 nonimmigrant visa petitions to relocate from Turkey to New York to work for Defendants.”

“When Gokce was present at the Restaurants, he personally supervised Plaintiffs’ work,” the suit said.

“Gokce had an aggressive managerial style, frequently cursing at Plaintiffs and blaming them for other employees’ mistakes.”

The lawsuit also says that although each of the men regularly worked 12-hour shifts, “when Gokce was present” at the restaurants “both Gokce and the Restaurant managers instructed Plaintiffs to work additional hours because the ‘boss’ was present.”

The cooks claim in the suit that they were instructed to prepare special meals for Gokce.

And, the suit claims, “During the Covid-19 pandemic and periods of social unrest in New York, managers assigned Plaintiffs to perform security work at Nusr-Et New York and Saltbae Burger, including staying at the restaurants overnight, to ensure that the buildings were not vandalized.”

Categories
Health

New Rule Raises Query: Who’ll Pay for All of the Covid Checks?

Spurred by rising Covid cases and the Delta variant’s spread, a wave of major employers announced the same rule for unvaccinated workers this week: They will need to submit to regular surveillance testing. The new requirement raises a thorny question: Who pays for those coronavirus tests?

Doctors typically charge about $50 to $100 for the tests, so the costs of weekly testing could add up quickly. Federal law requires insurers to fully cover the tests when ordered by a health care provider, but routine workplace tests are exempt from that provision.

“It’s really up to the employer,” said Sabrina Corlette, a research professor at Georgetown University’s Center on Health Insurance Reforms. “They can require employees to pick up the tab.”

Employers have so far taken a range of approaches, from fully covering the costs to having unvaccinated workers pay full freight.

The U.S. government will pay for its unvaccinated workers’ coronavirus testing, Karine Jean-Pierre, the deputy White House press secretary, said at a news briefing Friday.

President Biden announced rules on Thursday that amount to a two-tier system for the country’s four million federal employees. Those who do not get vaccinated will have to social-distance, wear face coverings and comply with limits on official travel. Those who do get vaccinated will have no such requirements.

The unvaccinated will also have to submit to regular coronavirus testing. Each federal agency will come up with a plan for testing its unvaccinated work force. The costs and procedures of each agency’s testing protocols will depend on the number of unvaccinated people they need to monitor.

“The agencies are going to be implementing this program themselves, so they’ll be in charge of how that moves forward,” Ms. Jean-Pierre said.

Among the employers taking a different approach is Rhodes College in Tennessee: It will have unvaccinated students, faculty and staff pay a $1,500 fee per semester to cover the costs associated with a weekly coronavirus testing program.

Rhodes, a small liberal arts college, estimates that three-quarters of its employees are vaccinated. It is still collecting information about the vaccination rate among its 2,000 students, and it strongly encourages vaccination. But it is waiting until full Food and Drug Administration approval of the vaccines before mandating them.

Updated 

July 31, 2021, 11:42 a.m. ET

“This is not a punishment,” said Meghan Harte Weyant, the college’s vice president for student life. “For students who choose to return to campus unvaccinated, they will have to cover their costs. This is intended to ensure that students who are vaccinated do not have to bear that cost.”

Other employers are having workers chip in for the costs of coronavirus testing. MGM Resorts, which owns many hotels and casinos in Las Vegas, will charge a $15 co-pay for the testing at an on-site clinic for unvaccinated workers, multiple news outlets reported last week. Workers will also have the option to be tested at an outside provider.

MGM Resorts did not respond to a New York Times request for comment on the new policy.

These disparate approaches could provide a menu of options for workplaces still deciding who will pay for unvaccinated workers’ coronavirus tests, and how much.

New York and California started testing requirements for unvaccinated state workers this week, but neither has specified who will pay for the service. Neither governor’s press office responded to a Times request for comment.

Many states and cities still have free coronavirus testing sites that they started earlier in the pandemic. Long Beach, Calif., announced this week that it would require testing for unvaccinated city workers. In a statement to The Times on the new rule, the city said that workers “will have the option to do their mandated testing for free at the Long Beach Health Department” when the requirement takes effect in mid-August.

But many Americans also get tests at doctor’s offices and pharmacies, which will typically bill patients and their insurance for the service.

Understand the State of Vaccine Mandates in the U.S.

Federal law requires insurers to fully cover coronavirus tests ordered by health care providers, meaning the doctor cannot apply a deductible or co-payment to the service. Rules written by the Trump administration, and continued into the Biden administration, excluded routine workplace testing from that requirement.

In practice, insurers do often end up covering employer-mandated tests — it’s hard to tell from a doctor’s bill whether a workplace ordered the care — but they could start reviewing cases of patients who suddenly have claims every week for the same service.

“If they are starting to see a significant number of people who have these tests submitted every week, or twice a week, under federal law they would be within their authority to say this looks like routine workplace testing and not cover it,” said Professor Corlette of Georgetown.

This means unvaccinated workers who have to obtain their own coronavirus testing could have to pay their own fees. Some patients have faced surprise medical bills for coronavirus tests, which can range from a few dollars to over $1,000.

Some of those bills were the result of an employer-mandated test. In the last year, The Times has asked readers to send in their medical bills for coronavirus testing and treatment, and reviewed multiple cases of surprise charges for a workplace-required test.

That includes Marta Bartan, who needed a coronavirus test to return to a job last summer working as a hair colorist in Brooklyn. As The Times reported, she received a $1,394 bill from a hospital running a drive-through site.

“I was so confused,” she said at the time. “You go in to get a Covid test expecting it to be free. What could they have possibly charged me $1,400 for?”

Categories
Health

New Rule Raises Query: Who’ll Pay for All of the Covid Checks?

Spurred by rising Covid cases and the Delta variant’s spread, a wave of major employers announced the same rule for unvaccinated workers this week: They will need to submit to regular surveillance testing. The new requirement raises a thorny question: Who pays for those coronavirus tests?

Doctors typically charge about $50 to $100 for the tests, so the costs of weekly testing could add up quickly. Federal law requires insurers to fully cover the tests when ordered by a health care provider, but routine workplace tests are exempt from that provision.

“It’s really up to the employer,” said Sabrina Corlette, a research professor at Georgetown University’s Center on Health Insurance Reforms. “They can require employees to pick up the tab.”

Employers have so far taken a range of approaches, from fully covering the costs to having unvaccinated workers pay full freight.

The U.S. government will pay for its unvaccinated workers’ coronavirus testing, Karine Jean-Pierre, the deputy White House press secretary, said at a news briefing Friday.

President Biden announced rules on Thursday that amount to a two-tier system for the country’s four million federal employees. Those who do not get vaccinated will have to social-distance, wear face coverings and comply with limits on official travel. Those who do get vaccinated will have no such requirements.

The unvaccinated will also have to submit to regular coronavirus testing. Each federal agency will come up with a plan for testing its unvaccinated work force. The costs and procedures of each agency’s testing protocols will depend on the number of unvaccinated people they need to monitor.

“The agencies are going to be implementing this program themselves, so they’ll be in charge of how that moves forward,” Ms. Jean-Pierre said.

Among the employers taking a different approach is Rhodes College in Tennessee: It will have unvaccinated students, faculty and staff pay a $1,500 fee per semester to cover the costs associated with a weekly coronavirus testing program.

Rhodes, a small liberal arts college, estimates that three-quarters of its employees are vaccinated. It is still collecting information about the vaccination rate among its 2,000 students, and it strongly encourages vaccination. But it is waiting until full Food and Drug Administration approval of the vaccines before mandating them.

Updated 

July 30, 2021, 7:36 p.m. ET

“This is not a punishment,” said Meghan Harte Weyant, the college’s vice president for student life. “For students who choose to return to campus unvaccinated, they will have to cover their costs. This is intended to ensure that students who are vaccinated do not have to bear that cost.”

Other employers are having workers chip in for the costs of coronavirus testing. MGM Resorts, which owns many hotels and casinos in Las Vegas, will charge a $15 co-pay for the testing at an on-site clinic for unvaccinated workers, multiple news outlets reported last week. Workers will also have the option to be tested at an outside provider.

MGM Resorts did not respond to a New York Times request for comment on the new policy.

These disparate approaches could provide a menu of options for workplaces still deciding who will pay for unvaccinated workers’ coronavirus tests, and how much.

New York and California started testing requirements for unvaccinated state workers this week, but neither has specified who will pay for the service. Neither governor’s press office responded to a Times request for comment.

Many states and cities still have free coronavirus testing sites that they started earlier in the pandemic. Long Beach, Calif., announced this week that it would require testing for unvaccinated city workers. In a statement to The Times on the new rule, the city said that workers “will have the option to do their mandated testing for free at the Long Beach Health Department” when the requirement takes effect in mid-August.

But many Americans also get tests at doctor’s offices and pharmacies, which will typically bill patients and their insurance for the service.

Understand the State of Vaccine Mandates in the U.S.

Federal law requires insurers to fully cover coronavirus tests ordered by health care providers, meaning the doctor cannot apply a deductible or co-payment to the service. Rules written by the Trump administration, and continued into the Biden administration, excluded routine workplace testing from that requirement.

In practice, insurers do often end up covering employer-mandated tests — it’s hard to tell from a doctor’s bill whether a workplace ordered the care — but they could start reviewing cases of patients who suddenly have claims every week for the same service.

“If they are starting to see a significant number of people who have these tests submitted every week, or twice a week, under federal law they would be within their authority to say this looks like routine workplace testing and not cover it,” said Professor Corlette of Georgetown.

This means unvaccinated workers who have to obtain their own coronavirus testing could have to pay their own fees. Some patients have faced surprise medical bills for coronavirus tests, which can range from a few dollars to over $1,000.

Some of those bills were the result of an employer-mandated test. In the last year, The Times has asked readers to send in their medical bills for coronavirus testing and treatment, and reviewed multiple cases of surprise charges for a workplace-required test.

That includes Marta Bartan, who needed a coronavirus test to return to a job last summer working as a hair colorist in Brooklyn. As The Times reported, she received a $1,394 bill from a hospital running a drive-through site.

“I was so confused,” she said at the time. “You go in to get a Covid test expecting it to be free. What could they have possibly charged me $1,400 for?”

Categories
Politics

Lawmakers Grapple Nagging Infrastructure Element: Tips on how to Pay for It

Beyond the questionable economics of the measure is politics: Conservative groups backed by money interests and grassroots activists hover an old specter of puffed up federal agents who persecute innocent taxpayers.

The campaign to end the commission is led by a well-known figure, Mr. Norquist, whose network of conservative activists has worked for decades to cut taxes and strangle the IRS. Mr Norquist said Tuesday that his weekly Conservative meeting in Washington – a center of power during the presidencies of George W. Bush and Barack Obama – has grown when it went virtual during the pandemic.

The meeting has about 160 attendees, including members of Congress, and is complemented by 40 state-level activist meetings – all currently focused on the IRS.The pitch to Republican lawmakers is that increasing enforcement will not affect Fortune 100 companies that already have in-house tax auditors to ensure compliance, but small businesses in their states – such as restaurants, bars, hairdressers, nail salons, and food trucks – take cash for payment.

“We’re letting the elected officials know that this is how people will understand this in the future,” said Norquist.

Such threats have been well received.

“It bothers a lot of Republicans, and I want a lot of Republicans to vote for it,” said Senator Jerry Moran, Republican of Kansas, of the IRS ruling, “so I hope it can be modified, narrowed – or otherwise.”

But Senator Susan Collins, Republican of Maine and negotiator, said Tuesday night, “I don’t think we’ve lost anyone,” as she and her colleagues continued to work out details.

Limiting them or throwing them overboard could lead some Republicans to accept the argument that infrastructure investments are at least partially worthwhile through improving economic efficiency and competitiveness. Some lawmakers, Democrats in particular, have argued that spending on roads, bridges, tunnels, and transit is an investment in economic efficiency and does not need to be fully offset as it is partially self-paying, much like Republicans argue that tax cuts do pay off themselves .

Categories
Entertainment

Met Opera Strikes Deal With Stagehands Over Pandemic Pay

The Metropolitan Opera has reached a preliminary agreement on a new contract with the union that represents its stagehands, which increases the likelihood the company will return to the stage after its longest shutdown in September.

The deal was reached early Saturday morning and the union plans to brief its leaders and members after the July 4th holiday, said a union spokesman, Local One of the International Alliance of Theatrical Stage Employees. The union and the company declined to provide details of the agreement, which union members will have to vote on.

The company’s 300 or so stagehands were locked out at the end of last year due to disagreement over the duration and duration of the pandemic pay cuts. But the opera house desperately needs workers to prepare its complex operations if it is to reopen in less than three months. The pressure on the talks increased as the two sides negotiated for almost four weeks.

The Met, which claims it has lost more than $ 150 million in revenue since the pandemic forced its closure in March 2020, has called for substantial cuts in the wages of its union members. Peter Gelb, the company’s general manager, said that in order for the company to survive the pandemic and thrive, it will need to cut labor costs for these unions by 30 percent, which is effectively lowering pay by about 20 percent. Union leaders have opposed the proposed cuts, arguing that many of their members have been unpaid for many months.

A Met spokeswoman declined to comment on the deal.

Because of Local One’s lockout, the Met outsourced some of its stage construction work to Wales and California, a move that angered union members struggling during the pandemic. These sets were shipped to New York City, where it would take long hours to get the productions up and running.

Of the other two major Met unions, one representing the orchestra is still in negotiations. The contract with the other, the American Guild of Musical Artists, which includes choir members, soloists, and stage managers, saved money by modestly cutting salaries, moving members from the Met’s health insurance to the union, and reducing the size of the regular choir. The projected savings do not correspond to Mr. Gelb’s demand for a wage cut of 30 percent.

Categories
Health

Juul Settles N.C. Vaping Case, Agrees to Pay $40 Million

Mr. Tobias said he was not surprised that Juul did not admit to wrongdoing.

“That almost always happens in these kinds of settlements — that’s a standard clause,” he said.

Juul has not begun other serious settlement talks, however, because none of the other 2,600 lawsuits against the company have been scheduled to begin during 2021. The company is waiting for the F.D.A. ruling before deciding how to move forward. If the F.D.A. will permit Juul’s products to stay on the market to help adult smokers quit, executives believe their negotiating stance will be strengthened.

But settling with numerous plaintiffs would be expensive. Juul has seen sales plummet during the past year, analysts say. The company is private so does not disclose its financial data.

Marc Scheineson, a lawyer with Alston & Bird, whose practice includes small tobacco companies, called the $40 million in the North Carolina settlement “a relatively small sum to pay to avoid mounting legal fees and the plaintiff pile-on syndrome.”

He also noted that most of the steps Juul agreed to take in the consent degree, such as not advertising near schools and behind-the-counter sales, are actions that it has already taken in an effort to gain public favor. Mr. Scheineson also said that electronic nicotine delivery products, such as Juul, “still have an important public health use by adults as a proven effective tool to quit smoking more harmful cigarettes.”

Juul faces other legal threats, too. The Federal Trade Commission is suing Juul, along with the big tobacco company Altria and related parties, seeking to unwind the 2018 deal that gave Altria 35 percent of Juul. Altria, the maker of Marlboro cigarettes, paid $12.8 billion for that stake, but it has since written down the value of the investment to $1.5 billion.

The commission says that the two companies entered into a series of agreements, including Altria’s investment, that eliminated competition in violation of federal antitrust laws. The F.T.C. also claims that Altria and Juul started as competitors in the e-cigarette market, but that as Juul became more popular, Altria dealt with the threat by taking its own Mark Ten e-cigarette off the market in exchange for a share of Juul’s profits. Both Altria and Juul have denied the charges.

Categories
Health

Nepal Covid Disaster Worsens as Employees Pay the Worth

KATHMANDU, Nepal — Ram Singh Karki escaped the first wave of India’s pandemic by boarding a crowded bus and crossing the border home to Nepal. Months later, as the rate of new infections fell, he returned to his job at a printing press in New Delhi, which had sustained his family for two decades and helped pay the school fees of his three children.

Then India was swept by a second wave, and Mr. Karki wasn’t as lucky.

He was infected last month. Hospitals in New Delhi were overwhelmed. When his oxygen level dropped, his manager arranged for an ambulance to take him back to the border. He crossed into Nepal, carrying with him just the clothes on his back — and the virus.

Nepal is now considering declaring a health emergency as the virus rampages virtually unchecked across the impoverished nation of 30 million people. Carried by returning migrant workers and others, a vicious second wave has stretched the country’s medical system beyond its meager limits.

Nepal has recorded half a million Covid cases and 6,000 deaths, numbers that experts believe deeply undercount the toll. Testing remains limited. One figure could indicate the true severity: For weeks now, about 40 percent of the tests conducted have been positive.

A government in disarray has compounded the trouble. K.P. Sharma Oli, Nepal’s embattled prime minister, has been pushing for an election in November after the country’s Parliament was dissolved last week, an event that could worsen the spread.

Earlier this week, Hridyesh Tripathi, Nepal’s minister for health and population, said the government was considering declaring a health emergency as infections rise.

But such a declaration could be caught up in politics. The move would allow officials to limit people’s movements — a level of control that opposition groups worry could be used to quell dissent.

In the meantime, officials in Kathmandu, the capital, have urged people to store food for at least a week and stay home.

The impact is rippling beyond those infected. Remittances from migrant workers have slowed. Tourism and the economy have been damaged.

“Millions of people continue to feel the increasing pressure not just with the direct health impact of Covid-19, but also with food, jobs, medical bills, kids out of school, payback loans, mental pressure, and much more,” said Ayshanie Medagangoda Labe, the resident representative of the United Nations Development Program in Nepal.

Nepal’s close relationship with India helped make it vulnerable. India has long been its most important trade and transit partner. The two nations share a deep cultural bond across a porous 1,100-mile border. Nepal’s devastation mirrors that of its big neighbor — from patients spilling out into hospital corridors and onto lawns, to long lines at oxygen refilling facilities, to a government unprepared for crisis.

Officials say laborers like Mr. Karki who were forced to come home by the second wave brought the virus with them. Villages along the border are some of the worst hit. Nepal’s health ministry said about 97 percent of the cases sent for genome sequencing show the B.1.617.2 variant found in India, which the World Health Organization has classified as a “variant of global concern.”

Nepal’s leaders were unprepared. During India’s first wave last year, when about one million Nepali migrant workers returned home, Nepal instituted testing and quarantine measures at border crossings.

But during this spring’s second wave, those measures were too little too late. By the time Nepal shut two thirds of its border crossings in early May, hundreds of thousands of laborers had made it back, trickling into their villages without proper testing or quarantine. Thousands continue to return daily.

The government’s attention had shifted elsewhere. In February, when the virus seemed to be in retreat, Mr. Oli held rallies of thousands of supporters in Kathmandu and other cities. Opposition parties held their own rallies. Last year, Mr. Oli said the health of the Nepali people would deter the disease.

The government’s defenders say the pandemic is a global problem and that officials are doing the best they can with few resources or vaccines.

Mr. Oli has called for international aid, though it won’t be enough to meet Nepal’s needs. China has donated 800,000 vaccine doses, 20,000 oxygen cylinders and 100 ventilators. The United States and Spain have sent planeloads of medical equipment, including oxygen concentrators, antigen tests, face masks and surgical gloves. The United States provided $15 million this month to scale up Nepal’s Covid testing. Nepali migrant workers in Gulf nations have arranged for oxygen cylinders to be sent home.

But Nepal can’t fight the pandemic without help from India. Already, an Indian vaccine manufacturer has told Nepal it can’t deliver a promised one million doses.

Nepal is also dependent India for half of its medical equipment needs, according to the Chemical and Medical Suppliers Association of Nepal, but the latter country is keeping just about everything for its own urgent domestic needs. Equipment from China, already costly, has become more difficult to obtain because of Chinese pandemic restrictions.

“For a month now, India has stopped the supply of medical equipment and medicine also, not just vaccines,” said Suresh Ghimirey, the association’s president.

In some provinces that experienced the return of many migrant laborers in India, hospitals have run out of beds. In Surkhet district, the main provincial hospital said that it couldn’t admit more patients. Small outlying villages are quietly mourning their dead. Testing has been slow.

“Except a few villagers, many are unable to come out and do daily agricultural work,” said Jhupa Ram Lamsal, ward chief of the village of Gauri, where nine people died of Covid over 10 days earlier this month. “The worrying thing is that even symptomatic people aren’t ready for Covid tests.”

Mr. Lamsal said he had recently reached Gauri, which is remote and lacks health facilities, along with a team of doctors to conduct antigen tests. Locals turned down health professionals’ plea for Covid tests, he said, arguing they would be dispirited if they found out they were positive.

“The situation is out of control,” Mr. Lamsal said. “We are hopeless, helpless.”

Mr. Kakri, the printing press worker, hailed from a village in the Bhimdatta Municipality, in Nepal’s western corner. The area of 110,000 people has officially recorded 3,600 infections, according to the health chief there, Narendra Joshi. But lack of measures at the border mean that the data may not fully measure the severity.

“More than 38,000 people have returned from one of the two border points in the district since the second wave started in India,” said Mr. Joshi, “It’s hard to manage them.”

Mr. Karki was a high school dropout who went to India to work as a laborer when he was still a teenager, his wife, Harena Devi Karki, said. On his visits home twice a year, he was the life of gatherings — cracking jokes, making fun. The $350 a month he sent home covered his family’s household costs as well as the private school fees of their two teenage daughters and a 12-year old son.

Even when the lockdown last year meant Mr. Karki was stuck at home for months with no earnings, he insisted the children continue with private school. He would repay the debts once the printing press opened again. He dreamed of seeing his eldest daughter — “she’s the most talented” — grow up to be a doctor.

“I couldn’t complete my studies,” Ms. Karki remembers her husband saying. “Let me eat less, but we should send them to a better school for their education.”

When Mr. Karki received her husband at the border around 2:30 a.m. on April 29, she said, he was frail and lacked the energy to even stand up. He was taken to a nearby hospital, where he died.

“‘Everything is OK. Go home,’” her husband told her, Ms. Karki said. “But he never came home.”

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Met Opera Protest: Union Rallies In opposition to Proposed Pay Cuts

Tensions heightened when the stagehands learned that the Met had outsourced some of its set construction to non-union stores in other parts of the country and overseas. (In a letter to the union last year, Peter Gelb, the general manager of the Met, wrote that the average full-time stage worker cost the Met $ 260,000 in 2019, including services The regular and sometimes full-time work at the Met is accounted for, the average wage is much lower.)

The stage lock was not absolute. Claffey said that at the Met’s request, he allowed several members of Local One to work at the Met under the terms of the previous contract, specifically to help the union cloakroom workers on duty.

But while the Met has now signed a deal with the American Guild of Musical Artists, who represent their choir, they haven’t yet reached out to Local 802 of the American Federation of Musicians, who represent the orchestra. Both groups were on leave for almost a year without pay after the opera house closed before being brought back to the negotiating table with the promise of partial compensation of up to $ 1,543 per week.

Adam Krauthamer, the president of Local 802 pointed out that due to the division of labor in the Met, other performing arts institutions were ahead of the Met’s reopening.

“Broadway sells tickets. The Philharmonie plays performances. They are building stages right in front of our eyes, ”said Krauthamer in a speech at the rally. “The Met is the only place that continues to try to destroy its workers’ contracts.”

The rally was supported by several local politicians speaking, including Gale Brewer, the President of Manhattan District, and New York State Senators Jessica Ramos and Brad Hoylman, who had a message for the Met’s general manager: “Mr. Yellow, could you please leave the drama on stage? “