Texas House approves $1 per pack cigarette tax hike
The House passed a $1 per pack cigarette tax increase to Sept. 1, expected to raise $680 million to fund part of Gov. Rick Perry’s school property tax cuts and public education funding reforms. The plan faces Senate approval and faces cross-state smuggling concerns and higher Texas taxes compared with New Mexico, Arkansas, and Oklahoma.
MENTIONED IN THIS ARTICLE
Austin
Texas
Rick Perry
Perry
Texas Supreme Court
House
Tom Craddick
David Dewhurst
Senate
Peggy Hamric
New Mexico
Arkansas
Oklahoma
Congress probes options as gas prices spark anger
Congress debates relief measures amid high gasoline prices with House Republicans opposing new oil company taxes and Senate leaders proposing a $100 rebate and tax changes. Democrats argue relief must avoid windfalls while urging penalties on price fixing and exploration funding, as oil profits rise.
MENTIONED IN THIS ARTICLE
Lic Company
Exxon Mobil
Bob Menendez
D-N.j
Dallas
Exxon
Kenneth Cohen
Washington
Menendez
Senate
Senate Finance Committee
Bill Frist
R-Tenn
Pete Domenici
R- I.M
Senate Energy and Natural Resources Committee
GOP
Exxon profit misses Wall Street expectations in Q1 report
Exxon Mobil Corp reports an 8.4 billion quarterly profit, a record first quarter driven by a strong commodities market and global operations. Lawmakers fault profits as drivers of high fuel prices while Exxon officials brace for further Washington scrutiny. Analyst Fadel Gheit predicts continued upswing as oil prices rise.
MENTIONED IN THIS ARTICLE
Exxon Mobil Corp
Wall Street
Exxon
Kenneth Cohen
Washington
Cohen
United States
Fadel Gheit
Oppenheimer & Co
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Associated Press
Congress
Federal Reserve
Ben Bernanke
Charles Grassley
Harry Reid
Nevada
Posal
Alaskan Wildlife Refuge
Arctic National Wildlife Refuge
America
Reid
Jim Manley
Transportation Department
Bush
Gulf Coast
Biloxi
Miss
Ron Wyden
D-Ore
Gulf of Mexico
Senate Judiciary Committee
Justice Department
Organization of Petroleum Exporting Countries
U.S
Toby Talbot
Bay Temperature Control Inc. Sat
Cedar Bayou
Hwy
Barbers Hill
4-H Booster Club
Prema
Garth
Sun, Thur
Sat
Wrexas
Frida
Chuck Kettrelt
The
North Main
Baytown
50Dollarmoonwalk
Archer
Garth Rd
Ste D-400
Baytowr
America’s Home Mortgage of
Crawley’s Seafood
Tri-City Beach
Wed
Thur
SUN & Mon
Messian Empus
Ientghasheghe
Pias
UR Eit
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