Kansas businesses still learning new sales tax
Kansas revenue officials say businesses are adjusting to a new street address based sales tax method aimed at capturing at least 70 million dollars from Internet and catalog sales. The six month moratorium allows time for guidance as questions arise over where to tax and how to handle out of state deliveries.
MENTIONED IN THIS ARTICLE
Associated Press
Topeka
Kansas
Joan Wagnon
Lawrence
Kathleen Sebelius
Melvin Neufeld
R-Ingalls
Wagnon
Kansas Speedway
Wyandotte County
Nebraska Furniture Mart
June retail sales rise 0.5 percent for strongest showing in months
Consumers drove the economy higher as June retail sales rose 0.5 percent, the best gain in three months, driven by building and garden supplies, apparel, furniture, sporting goods, and gasoline stations. May figures were revised lower while the job market remained weak.
MENTIONED IN THIS ARTICLE
Washington
America
Commerce Department
May
United States
Greenspan signals more rate cuts if needed to aid economy
Fed Chairman Alan Greenspan told Congress the central bank is ready to lower rates further to spur growth and prevent deflation. He indicated the Fed could act at its next meeting, with the funds rate at 1 percent after a quarter-point cut, while banks lowered prime rates to 4 percent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Congress
Greenspan
Fed
Feds
House Financial Services Committee
Central Bank
Federal
Open Market Committee
United States
House
Wall Street
Bush pledges to cut deficit in half with growth and cuts
White House officials forecast deficits exceeding 400 billion this year with one aide putting it near 470 billion for 2003 and 2004. Spokesman Scott McClellan says deficits will be halved in coming years through spending control and growth policies while critics argue the figures omit Iraq costs and other items.
MENTIONED IN THIS ARTICLE
Bush
Washington
White House
Scott McClellan
McClellan
U.S
Iraq
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Jeannine Avers
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John Spratt
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Ee Free
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Carstar
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Harding Glass
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