Federal taxes reach 1950s low amid tax breaks growth
Washington reports that federal tax take as a share of the economy will be the lowest since 1950. Projections by the Congressional Budget Office show income taxes down nearly 13 percent from 2008 and corporate taxes down about a third. The weak economy, high unemployment, and widespread deductions allow many families and some corporations to reduce tax liability.
MENTIONED IN THIS ARTICLE
Uncle Sam
George W. Bush
Bush
Congressional Budget Office
U S to review Sudan terror designation after south vote
The United States plans to recognize an independent Southern Sudan and review Sudan's government designation as a state sponsor of terrorism after Southern Sudan's Jan. 9 referendum produced over 98 percent for independence. President Barack Obama welcomed the outcome and pledged formal recognition in July 2011. Secretary Clinton praised Khartoum for accepting the result.
MENTIONED IN THIS ARTICLE
U.S
Sudan
Khartoum
South
Barack Obama
United States
Obama
Africa
Hillary Rodham Clinton
Puerto Rico lottery receipts aim to boost sales tax collection
Puerto Rico launches a pilot where receipts double as lottery tickets with prizes from 100 to 1000 dollars and a monthly car drawing. Beginning December in Ponce, the plan expands island wide in July to curb unrecorded cash sales. eight winners have claimed none yet as prizes expire.
MENTIONED IN THIS ARTICLE
Puerto Rico
Treasury Department
Ponce
Man dies after cockfight stabbing in California
Jose Luis Ochoa, 35, died after a rooster with a knife on its leg stabbed him in Tulare County during a Jan. 30 cockfight. Kern County coroner ruled the death an accidental sharp force injury to his right calf. Police say it is unclear if delayed medical care affected the outcome. Officials investigate. no arrests made.
MENTIONED IN THIS ARTICLE
California
Kern County
Jose Luis Ochoa
Tulare County
Ochoa
Ray Pruitt
Tulare
United States
Kansas House approves pay-go rules curbing spending
The Kansas House adopted rules limiting budget amendments and allowing closed caucus meetings with a 76 to 45 vote, backed by Republicans and opposed by Democrats and some Republicans. The pay-go provision, effective for 2011 and 2012, requires offsets for any spending increases and aims to impose fiscal discipline.
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Topeka
Kansas House
House
Mike Riegerl
Rolathe
Pedestrian critically injured after 23rd Street crash
Jeffrey A. Brown of Lawrence remained in critical but stable condition after being struck Saturday night while crossing 23rd Street near Iowa Street in Kansas City area. Police said two eastbound vehicles hit him as he attempted to cross and a third vehicle also struck him before aid arrived. Brown, 28, was flown to a local hospital. investigators seek exact crossing point and possible contributing factors. Crime Stoppers asked for tips at 785-843-TIPS.
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23Rd Street
Kansas City
Lawrence
Matt Sarna
Jeffrey A. Brown
Brown
Iowa Street
Sarna
Joseph Henderson
Journal-World
Henderson
Hobby Lobby
Douglas County
CritiTech Could Gain 197500 Boost for Cancer Drug Trial
Lawrence based CritiTech seeks 197500 from the Kansas Bioscience Authority to fund phase one trials of Nanotax a reformulated ovarian cancer drug. Only 10 patients have completed phase one so far with positive results and enrollment remains a challenge as the firm plans an additional research site. The KBA investment committee recommended the 197500 grant toward a 450000 project to expand patient access and complete the trial phase.
MENTIONED IN THIS ARTICLE
Kansas Bioscience Authority
CritiTech
Charles Decedue
KBA
StoryMarket launches as new content syndication network
The World Company introduces StoryMarket to syndicators publishers freelancers and bloggers. The AP and Universal Uclick sign on to contribute content. The platform offers licensing circulation tools for text stories photographs videos audio and more with pricing rights and sharing options to suit each user.
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StoryMarket
The
World Company
Lawrence Journal-World
Associated Press
Universal Uclick
David Ryan
Frank Wiles
Ryan
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