Maryland Truck Decal Tax Upheld For Now
Maryland will collect the $25 truck decal tax through the current fiscal year while courts plan an alternative tax. Judge Kaplan’s order aligns with a June Supreme Court ruling striking down similar taxes and allows time for a 1985 legislative fix. The American Trucking Association brought suit, seeking reimbursement of collected revenue.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Joseph H.W. Kaplan
U.S. Supreme Court
Pennsylvania
Kaplan
General Assembly
American Trucking Association
ATA
Supreme Court
Maryland insurers largely unscathed by stock market drop
Maryland insurance companies report little impact from last week's stock market decline. Officials note their revenue from investments plus premiums, with state law capping stock investments at 10 percent in common and 10 percent in preferred shares, and no more than 5 percent in one company's stock.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Murray L. Sherman
Alleco extends offer for Service America amid market stalls
Alleco Inc formerly Allegheny Beverage says unsettled markets for high yield debt hinder Servam Corp in financing the 450 million purchase of its Service America unit. Servam says it will continue trying to arrange financing despite delays.
MENTIONED IN THIS ARTICLE
Cheverly
Alleco Inc
Service America Corp
Servam Corp
Alleco
Allegheny Beverage Corp
Servam
Severam
Land subdivision seminar in Annapolis set for Nov 5
The Md-DC-Del Chapter Realtors Land Institute will host a three hour land subdivision seminar on November 5 at the Ramada Inn Annapolis. Cost is 25 with continuing education credits likely for licensees. Limited to 60 attendees. reservations at 301 384 6444 or 301 855 8552. United Savings Bank declares a 3 cent dividend on preferred stock and 1 cent per share on common stock, payable November 15 to shareholders of record November 1.
MENTIONED IN THIS ARTICLE
Realtors Land Institute
Ramada Inn-Annapolis
United Savings Bank
Solow on productivity as the key to American growth
Nobel laureate Robert M. Solow argues that market volatility should not obscure the core issue of U S productivity. He urges boosting productivity through wage-linked gains, investment in education, manpower training, and R D while noting global interdependence in wages, trade, and competition with Korea, Taiwan, Germany, and Japan.
MENTIONED IN THIS ARTICLE
New York
Robert M. Solow
Massachusetts Institute of Technology
Fiat
General Motors
UAW
Korea
Taiwan
United States
Germany
Consumer spending dips as stock slump hits confidence
Washington AP reports Americans cut consumer spending 0.5 percent in September, breaking the postwar growth streak. Personal incomes rose 0.7 percent, the largest gain since February, aided by higher wages. Analysts warn of further declines as stock market losses squeeze wealth and curb discretionary outlays.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
David Wyss
Data Resources Inc
Lexington, Mass
National Association of Realtors
Also Mentioned on This Page
Little Maryland Impact
Penney
Dow Jones
Plantin
Potom el
Sears
Southland
Allg Pwr Standex
USFG
Avemco Be
Avemco Be —2 Wash Gs 22 —% Baltok
Whittak
Bell
Black Dr
CSX Corp
Baker Watts & Co
Frederick
Clorox
ComSat
Exxon
Fairchild Indsh
Fcnb Corp
F&m Bancorp
Fst Md Bue
Kmart
Litton
Lowes
Loyola Cap
Marriott
Mercantile Boksler
Moore Corp
Equitable Federal Savings Bank
Investment Services For
America
Isfa Corporation
SIPC
Invest
Sie
Frederick Francis Scott Key
FredeRick, MD
U.S
America’s Alternatives
Allen Sinai
Shearson Lehman Brothers
Sinai
Wyss
Labor Department
Kathy Schultze
State Farm
W. Patrick St
Nate Dome
John Hanson
Big John
Appli
Apple
PSEC
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