U.S. Tax Burden Ranks Among Lowest in Major Nations
A Paris based OECD study shows Americans pay the lowest total taxes among major Atlantic nations when measured as a share of gross national product. Sweden tops the list at 39 percent, while the United States stands at 27.3 percent. The report notes indirect taxes remain high in the United States and that income taxes form the largest portion of direct household taxes.
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Organization For Economic Cooperation and Development
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Plastic Bank Toy Slot Machines Ruled Illegal
In Los Angeles the Superior Court Appellate Department ruled that Loy Bailey’s plastic bank toys resemble slot machines and can be used for gambling, upholding his misdemeanor conviction for possessing illegal slot machines and fining him $100. Bailey argued the plastic banks were merely toys sold to novelty stores for 35 dollars.
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Los Angeles
UPI
Department of S Superior Court
Thursty
Loy Banks
Richard B. Bailey
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Bailey
Monagan Urges States to Reclaim Federal Tax Share
Sacramento notes Assembly minority leader Robert Monagan urged California and other states to recapture more federal income tax revenues and direct funds to state and local services. He warned federal mandates could bankrupt local governments and called for a lead-in plan to restore tax money to the states on a proportional basis.
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Robert Monagan
California
Chamber of Ments
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Tracy
Jais
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