Sharon splits from Likud to form new centrist party
Israeli Prime Minister Ariel Sharon announced leaving Likud amid hard line opposition and formed a new centrist party. He urged dissolution of parliament with elections likely in March and said the new party would center on security, peace with the Palestinians, and adherence to the road map.
MENTIONED IN THIS ARTICLE
Los Angeles
Jerusalem
Likud
Ariel Sharon
Sharon
Israel
Gaza Strip
West Bank
Guerrillas Killed in Heavy Hezbollah-Israeli Fighting
In a clash described as heavy fighting, guerrillas were killed amid ongoing Hezbollah and Israeli exchanges. Reports indicate multiple fatalities on the insurgent side with limited details on casualty figures.
Alternative Minimum Tax hits Eastern Iowans hard
Dave DeWitte notes that Speltz of Ely and Sandra Lafferty of Cedar Rapids face enormous tax bills under the Alternative Minimum Tax. The piece explains ISO stock options and the risk they posed during the 2000 2001 downturn and how unrealized profits trigger big bills.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Speltz
Ely Rive
Sandra Lafferty
Cedar Rapids
ISO
Alternative Minimum Tax: A 1960s origin and 2003 impact
The Alternative Minimum Tax AMT creates a parallel system to ensure wealthy taxpayers pay a minimum tax despite deductions credits or exemptions. It disallows certain regular tax benefits and adds them back to AGI. In 2003 twelve thousand five hundred thirty seven Iowans faced AMT obligations.
MENTIONED IN THIS ARTICLE
America
Gamers wait long for Xbox 360 at Coralville store
Crowds in winter coats line up at Best Buy Coral Ridge Mall awaiting midnight sale of Xbox 360. Deluxe model priced at 399 dollars and the basic at 299, with 42 consoles available in Cedar Rapids area.
MENTIONED IN THIS ARTICLE
David Lienemann
the Gazette
Eric Nieland
Iowa City
Best Buy
Coral Ridge Mall
Coralville
Nieland
Tom Owen
Coral Ridge
Zach Averkamp
Averkamp
Microsoft
Cedar Rapids
Snowman shirts spark controversy at Washington High School
A group of Washington High School sophomores faced a ban on their new class T shirts featuring a snowman logo similar to a cocaine symbol used by rapper Young Jeezy. Principal Ralph Plagman said most buyers didn’t know the meaning and students cooperated after the ban, with several apologetic responses noted.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Washington High School
Washington
Ralph Plagman
Young Jeezy
Also Mentioned on This Page
Mideast
DR. Donohue
Ee Ee
Index Accent Advice
Horosco Legals
Ue WU
Jim Slosiarek
Ron Speltz
June
Ely
Speltzs
IRS
McLeodusa
Xbox 360
I.C
Keelan Elliott
Matt Johnson
Johnson
Alex
C.R. High School
Laura Segall
Wey
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