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    May 29, 2013 |Story| Los Angeles Times
  1. What to do with California's windfall

    Temptation, thy name is Mac Taylor. Days after Gov. Jerry Brown urged lawmakers to spend conservatively in light of the fragile state economy, Taylor, the head of the Legislative Analyst's Office, <a href="http://lat.ms/12MsQ6k">estimated</a> that the state's tax revenues would be $3.2 billion higher than Brown <a href="http://lat.ms/12Mtpx0">predicted.</a> Now lawmakers are debating how much of that money to spend in the fiscal year that begins July 1. We share their desire to undo some of the penny-wise, pound-foolish cuts made in recent years. But it's important that the Legislature not push the state back into a fiscal hole by incurring new, ongoing expenses it may not be able to afford.
    Temptation, thy name is Mac Taylor. Days after Gov. Jerry Brown urged lawmakers to spend conservatively in light of the fragile state economy, Taylor, the head of the Legislative Analyst's Office, estimated that the state's tax revenues would be $3.2...

    Tags: Justice System, Economy, Business and Finance, Jerry Brown, Unemployment Benefits, Finance

  2. May 29, 2013 |Story| Chicago Tribune
  3. Democrats forge $35 billion state budget

    &mdash; The Democrats who run state government forged an estimated $35 billion spending plan Tuesday that would keep education funding flat, pay for promised state worker raises and cut programs for seniors.
    — The Democrats who run state government forged an estimated $35 billion spending plan Tuesday that would keep education funding flat, pay for promised state worker raises and cut programs for seniors. As the state budget headed toward approval...

    Tags: Pat Quinn, Barack Obama, Career and Workplace, Palatine, Republican Party

  4. May 28, 2013 |Story| Reuters
  5. ON THE MOVE-Merrill lands private wealth adviser from Credit Suisse

    Reuters
    May 28 (Reuters) - Bank of America Corp's Merrill Lynch has hired a veteran financial adviser from Credit Suisse to join its private wealth management office in Midtown Manhattan. Adviser Vishal Bakshi, who had been with Credit Suisse for more than a...

    Tags: Personal Investing, Manhattan (New York City), Midtown, Bank of America Corp., Personal Finance

  6. May 29, 2013 |Story| Reuters
  7. Turkey seeks to boost revenues with draft tax law

    Reuters
    ISTANBUL (Reuters) - Turkish Finance Minister Mehmet Simsek revealed details of a draft tax law on Wednesday aimed at boosting revenues by widening the country's tax base, but stopped short of changing income and corporation tax brackets. The law will...

    Tags: Career and Workplace, Labor Legislation, Employees, Crime, Law and Justice, Turkey

  8. May 28, 2013 |Story| Los Angeles Times
  9. Fairly funding California's schools

    Probably the most important school debate in decades is unfolding in Sacramento, and for once it has nothing to do with fill-in-the-bubble tests or the phonics versus whole language reading battle. It's about the money: How much cash goes to which public schools and for what reasons? Gov. Jerry Brown is cutting through years of legislative torpor with his proposal to simplify the unwieldy and often unfair formula that determines how schools get funded and to provide extra funds to those students who need it most. The concept is spot on, but in this case the details matter too. Rather than simply defending his formula, which has its weak spots, Brown should be listening to those with valid criticisms and modifying his proposal accordingly.
    Probably the most important school debate in decades is unfolding in Sacramento, and for once it has nothing to do with fill-in-the-bubble tests or the phonics versus whole language reading battle. It's about the money: How much cash goes to which...

    Tags: Layoffs and Downsizing, Government, Students, Jerry Brown, Politics

  10. Jun 6, 2013 |Story| Chicago Tribune
  11. Waukegan man gets 6 years for real estate scam, must pay back $760,000

    Richard Osty solicited hundreds of thousands of dollar from investors who thought they would profit by building houses in low-income Chicago neighborhoods. But authorities say the cash they entrusted to Osty was instead spent on things like Osty&rsquo;s groceries, dental work and karate classes.
    Special to the Tribune
    Richard Osty solicited hundreds of thousands of dollar from investors who thought they would profit by building houses in low-income Chicago neighborhoods. But authorities say the cash they entrusted to Osty was instead spent on things like Osty’s...

    Tags: Dentistry and Dental Health, Justice System, Trials, Economy, Business and Finance, Politics

  12. Jun 6, 2013 |Story| Herald Mail
  13. Letters to the Editor - June 6

    Elected Democrats put regional airport at risk To the editor: The Washington County Republican Central Committee applauds the excellent work of the current County Commissioners, who are focused on leveraging Hagerstown Regional Airport to stimulate...

    Tags: U.S. Senate Committee on Appropriations, Barack Obama, John Delaney, Benjamin L. Cardin, White House

  14. Jun 6, 2013 |Story| Los Angeles Times
  15. Letters: Flattening taxes

    Re "The 501(c)(4) fiasco," Editorial, May 31 Your editorial highlights the fact that no solutions to the potential use of the IRS as a political weapon are being proposed. We must simplify our income tax system by instituting a flat 15% tax on...

    Tags: Taxation, Internal Revenue Service, Science and Technology, Religion and Belief, Politics

  16. Jun 6, 2013 |Story| Reuters
  17. ANALYSIS-Scrap corporate tax and benefit long term, some conservatives say

    Reuters
    By Tom Bergin LONDON, June 6 (Reuters) - As western politicians consider moves to clamp down on corporate tax avoidance, some conservative economic thinkers say the damage done by avoidance is overstated and any remedies are more likely to do economic...

    Tags: Think Tanks, Lobbying, Economy, Business and Finance, eBay Inc., Politics

  18. Jun 6, 2013 |Story| Baltimore Sun
  19. Tie Harbor Point tax break to jobs for city residents

    Baltimore Mayor Stephanie Rawlings-Blake justifies over $100 million in taxpayer-funded property tax subsidies for the developers of Harbor Point on the grounds that the development will bring jobs to Baltimore ("Mayor: Project means jobs," June 4). But if those employees don't live in the city, the outcome will leave city taxpayers out $100 million, living with the traffic and congestion as employees drive to work and the county enjoys the income tax revenue.
    Baltimore Mayor Stephanie Rawlings-Blake justifies over $100 million in taxpayer-funded property tax subsidies for the developers of Harbor Point on the grounds that the development will bring jobs to Baltimore ("Mayor: Project means jobs," June 4). But...

    Tags: Taxation, Harbor, Stephanie Rawlings-Blake, Politics

  20. May 29, 2013 |Story| Los Angeles Times
  21. Tax breaks benefit rich households the most, report says

    WASHINGTON &mdash; Federal income tax breaks disproportionately benefit wealthier households, according to a report issued Wednesday that is certain to become ammunition in the budget battles as Congress debates the best ways to reduce Washington's deficits.
    WASHINGTON — Federal income tax breaks disproportionately benefit wealthier households, according to a report issued Wednesday that is certain to become ammunition in the budget battles as Congress debates the best ways to reduce Washington's...

    Tags: Barack Obama, Taxation, Politics, Congressional Budget Office, Budgets and Budgeting

  22. May 30, 2013 |Story| Reuters
  23. PRECIOUS-Gold gains on hopes Fed stimulus will stay, ETF holdings up

    Reuters
    SINGAPORE, May 31 (Reuters) - Gold climbed on Friday, hovering near a two-week high hit in the previous session, as weak U.S. economic data eased fears that the Federal Reserve could soon wind down its bullion-friendly bond buying programme. A rise in...

    Tags: Metal, Environmental Issues, Federal Reserve, Environmental Pollution, Chile

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