Business View: Bush tax cuts present budget-balancing option

first_imgBy Paul Cillo. The extension of the Bush tax cuts passed recently by Congress gives Governor Shumlin and the Legislature another option for balancing the state budget in fiscal 2012 and 2013. A new analysis shows that the top 5 percent of Vermont taxpayers will save $190 million this year and a similar amount in 2012 as a result of the federal tax cut extension. Before the governor and the Legislature further undermine critical public services, they should look to these federal tax savings as a temporary source of additional state revenue.Vermont ‘ along with nearly every other state ‘ saw a sharp drop in tax revenue as a result of the recession. The decline in revenue came at the same time state government needed to step up to help Vermont families that were suffering as a result of the recession. Governor Douglas acted as though the recession was permanent and the economy was never going to recover. He argued that Vermont had to cut spending to match this new reality.The economy is starting to recover and state revenues are beginning to grow again, but the pace of that growth will remain slow until more Vermonters go back to work. In the meantime, Vermont needs to maintain its public services so that our people and infrastructure do not fall further behind. That was what Gov. Richard Snelling and the Legislature did when they temporarily raised taxes on the wealthiest Vermonters and ran up a budget deficit to get through the recession of the early 1990s.The Bush tax cuts were originally passed by Congress in 2001 and 2003. These bills reduced income tax rates, lowered taxes on capital gains, and cut the estate tax, among other provisions. The cuts were scheduled to expire at the end of 2010, but in a lame duck session in late December, Congress voted to extend the cuts for another two years.The analysis of the effects of extending the Bush tax cuts was prepared for Public Assets Institute by the Institute on Taxation and Economic Policy in Washington, DC. According to the ITEP analysis, the top 1 percent of Vermont taxpayers will save a little more than $100 million in 2011, and a similar amount in 2012, thanks to the tax-cut extension. The average personal income for taxpayers in this group is about $940,000 a year. The savings for the next 4 percent of taxpayers will be about $88 million.Vermont, along with the other states, had federal stimulus funds to help maintain critical services during the first three years of this recession. Those stimulus funds run out this year, and without additional revenue or further spending cuts, Vermont’s projected budget deficit for fiscal 2012 will be about $150 million.What the ITEP analysis shows is that the extension of the Bush tax cuts gives Vermont additional capacity to balance the cuts already made by raising state revenue over the next two years in order to maintain critical public services for Vermonters.Paul Cillo is executive director of Public Assets Institute, a non-profit, non-partisan organization in Montpelier that analyzes state fiscal policy ( is external)).last_img read more

Paraguay Police Kill EPP Leader

first_imgBy Dialogo September 30, 2010 During a clash in the early morning of September 24, Paraguayan authorities brought down Nimio Cardozo Caceres, head of the rebel group Paraguayan People’s Army (EPP in Spanish). Paraguayan Interior Minister Rafael Filizzola confirmed Cardozo’s death during a press conference in Asuncion, adding that police seized guns, grenades and close to US$1,000 in cash from the small guerrilla camp in the hills near Hugua Ñandu where the confrontation took place, according to EFE news agency. Filizzola told the press that Cardozo, known as “Homero” and “Anibal”, had been sought in connection with several high-profile kidnappings that date back to 2001, reported Xinhua news agency. One such high-profile case was the kidnapping and murder of former Paraguayan President Raul Cubas’ daughter, Cecilia, who was found dead outside Asuncion in February 2005, after her family paid a $300,000 ransom. Cardozo’s death came close to three weeks after Gabriel Zarate Cardozo, another high-ranking member of the rebel army and the former Cardozo’s cousin, was killed in another confrontation with authorities in the town of Sidepar, reported EFE. Chief of the second police zone Cristobal Jara Sosa, stated that the operation continues in Concepcion department, where police are in pursuit of some ten other members the rebel EPP, who fled when they were surprised by authorities. “The clashes continue,” said Jara Sosa, adding that Cardozo was part of the EPP’s first ring and that they are pursuing members of the group’s main ring, according to Xinhua.last_img read more

Gunman Convicted of Freeport Murder

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Queens man has been convicted of gunning down a 23-year-old man he and another man were robbing at a Freeport abandoned home during a drug deal two years ago.A Nassau County jury found Jerod Plowden guilty Friday of second-degree murder and robbery. He was acquitted of first degree murder and criminal possession of a weapon charges.Prosecutors said the 25-year-old St. Albans man and Nolan Gaugler, 21, of Mineola, met with the victim, Moez Hassan of Queens, on Stevens Street under the guise of buying Xanax pills from him on April 12, 2011.But, Plowden and Gaugler robbed the victim of 75 Xanax pills and $30 at gunpoint before the drug deal went down.Hassan was then shot five times—once in the head, chest, and left arm, and twice in the abdomen.Police caught Gaugler within minutes several blocks from the scene. He was found to be in possession of the stolen drugs and cash. He pleaded guilty to robbery in a plea deal in which he’s facing 16 years in prison.Plowden was apprehended 16 days later in Suffolk County during a routine traffic stop.He faces up to 25 years to life in prison when he is sentenced June 6.last_img read more

What is a lead magnet? And why do you need one?

first_img continue reading » Do you worry that your website doesn’t do a good job of turning prospects into sales leads? Would you like to keep visitors coming back after their initial visit? What you might need is a lead magnet.Lead magnets offer something of value in exchange for contact information. Marketers use that contact information to push people further down the funnel towards a sale.Read on for more about what lead magnets are, how to use them, and why you should have one.What Are Lead Magnets, Exactly?Most people don’t want to sign up for marketing emails. Nor do they want to get followed around the web with retargeting ads. So, if they’re going to consent to further outreach, marketers need to make it worth their while. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Former ‘RHOC’ Stars: Where Are They Now?

first_img– Advertisement – “They even said, ‘We’re shocked. We’re completely shocked at this,’” she exclusively told Us in May 2020. “’They know that you said you’d never become a ‘friend,’ so they want to give you a limited role.’ And I’m like, ‘No, thank you.’ That’s not what I said. I said, ‘F off!’ And then I just took a week or so and I just absorbed it. … I cried and I was scared.”Over the years, many faces have come and gone on the first Housewives series.Gretchen Rossi walked away in 2013 ahead of season 9. Heather Dubrow stepped away in 2016 after joining the cast in season 7. Meghan King, meanwhile, exited the series in 2018 after three years on the California-based show.- Advertisement – “I will always be the OG of the OC, but it’s time to say goodbye to The Real Housewives of Orange County. It’s been an incredible ride for 14 years and I want thank all of you for your support, for your love and for ‘whooping it up’ with me along the way,” she wrote at the time via Instagram. “I love all my fans, and I want to thank Bravo and Evolution for this incredible experience which my family and I have will never forget.”That same month, Tamra, who joined the show in season 3, announced her departure. The news came after Tamra was offered a part-time role for season 15, which she promptly declined. She opted to leave the show after 12 years after receiving a call from production saying they “decided to go in a different direction” and didn’t need her as a full-time cast member.- Advertisement – Scroll down for an update on all of the ghosts of Orange County’s past! Every orange can’t last forever! Following exits from OG star Vicki Gunvalson, Tamra Judge and Jo De La Rosa, Us Weekly is revisiting favorite former Real Housewives of Orange County stars.After 14 seasons on the Bravo series, Vicki announced in January 2020 that she was leaving the show.- Advertisement –last_img read more

The wrong lease ‘can bleed a business dry’

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Tasmania passes Bill allowing parents to choose whether to include baby’s sex on birth certificate

first_imgThe bill also allows people aged 16 years or older to change the sex listed on their birth certificate by filling out a statutory declaration. “This amended bill contains legally untested, unconsulted and highly problematic changes that we could not support,” she said in a statement.READ MORE: up with family issues in NZ. Receive our weekly emails direct to your Inbox. The changes were passed by the casting vote of rogue Liberal Speaker Sue Hickey, who voted against her party and with Labor and the Greens. The legislation, put forward by the Labor opposition and the Greens, was voted through the state’s lower house yesterday night after lengthy debate.center_img TVNZ One News 21 November 2018Family First Comment: Confusion reigns. Apparently doctors can no longer be trusted to determine the sex of your child.Transgender rights reforms that allow parents to choose whether to include their baby’s sex on a birth certificate are a step closer in Tasmania. Liberal Attorney-General Elise Archer believes the amendments are deeply flawed.last_img read more

Boys & Girls Area Basketball Scores

first_imgWRBI Area High School Basketball Scores.Boys Basketball  (2-6)Batesville  76     South Dearborn  26East Central  45     Lawrenceburg  38Girls Basketball  (2-6)South Decatur  57     North Decatur  54Rushville  76     New Castle  51Southwestern Shelby  78     Hauser  51Morristown  59     Baptist Academy  16Indian Creek  61     Edgewood  55Eastern Hancock  66     Centerville  47last_img

Eagles goaltender edging closer to Eredivisie

first_img Although a deal has not been agreed, Okoye and his agents have held talks with De Kasteelheren. The duo spoke with the personal manager of the club, Henk Van Stee. read also:Stan Okoye targets Olympics, 2022 Afrobasket glory Should a deal be agreed between the two parties, Okoye will battle Tim Coremans for the number one spot as Ariel Harush who is the club’s current goalkeeper will become a free agent this summer. FacebookTwitterWhatsAppEmail分享 Promoted Content6 Unusual Facts About Bollywood, Pollywood And TollywoodThe Models Of Paintings Whom The Artists Were Madly In Love With7 Ways To Understand Your Girlfriend Better7 Black Hole Facts That Will Change Your View Of The UniverseBirds Enjoy Living In A Gallery Space Created For ThemThe Top 9 Oddest Underwater Discoveries No One Can Explain2020 Tattoo Trends: Here’s What You’ll See This Year9 Facts You Should Know Before Getting A TattooPlaying Games For Hours Can Do This To Your Body5 Of The World’s Most Unique Theme Parks6 Extreme Facts About Hurricanes7 Theories About The Death Of Our Universe Maduka Okoye is edging closer to leaving the lower leagues of Germany for the Eredivisie according to omasports. Loading… His deal with Fortuna expires in June, which means he is free to start talking with other clubs. According to Omasports, Sparta Rotterdam are the favourites to sign the Nigeria international.Advertisementlast_img read more

Baseball splits two games at Oregon State

first_imgThe USC baseball team split the first two games of their weekend series against the Oregon State Beavers, winning handily on Friday night but losing in walk-off fashion on Saturday afternoon.The Trojans (30-11, 11-6 Pac-12) benefitted from great starts in each game, as both Tyler Gilbert and Kyle Twomey turned in seven complete innings and allowed three runs or less in their respective starts.On Friday, USC backed Gilbert with an offensive outburst, defeating the Beavers 11-3 after falling behind to an early 1-0 deficit. After Oregon State got on the board with a solo home run in the bottom of the third, the Trojans responded quickly, putting up two runs in the top of the fourth with RBI singles from Timmy Robinson and Blake Lacey.They added two more in the top of the fifth against Beavers ace Andrew Moore, who entered the game with a sparkling 0.68 ERA in conference play. He proved to be only human against USC, however, as the Trojans tagged him with six runs on nine hits through only 6.1 innings of work.After chasing Moore from the game in the seventh, USC tacked on seven more runs in the seventh and eighth innings to bust the game wide open. Gilbert lasted until the bottom of the eighth for the Trojans, but the Beavers rallied for two runs in the inning to end his night.USC’s 11 runs on 13 hits were more than enough to give Gilbert and the Trojans the win in the first game of the series. This proved crucial on Saturday, as the Beavers showed exactly why it is so hard to play on their home field.In the second game of the series, the Trojans fell into an early hole, as starter Kyle Twomey yielded runs in the first and third innings. After the shaky start, Twomey settled in nicely, turning in seven innings of two-run ball on only four hits.The Trojans came back in the top of the sixth on four straight singles, including RBIs from Timmy Robinson and Dante Flores, but they were unable to break the tie, even with base runners in the seventh, eighth and ninth innings.Relief pitcher Marc Huberman held the Beavers in check in the eighth inning of the 2-2 game, but Oregon State proved too much for the Trojan bullpen in the bottom of the ninth. After Huberman allowed a leadoff walk and a sacrafice bunt to move the runner to second, reliever Kyle Davis came in to try to send the game to extra innings.He was unable to do so, however, as Billy King singled through the right side to plate the winning run in walk-off fashion for the hometown Beavers, winning 3-2.This week, Trojans will host Cal State Fullerton at Dedeaux Field on Tuesday night, then travel to Salt Lake City for a three-game set this weekend against the University of Utah.last_img read more