GM Saturn plant lure pits states tax rules against site talks
In a nine state comparison, Illinois faces a hit from its unitary tax system, which could tax GM income nationally and at the Saturn plant. Wisconsin Ohio Iowa Pennsylvania Texas Indiana Arizona Michigan are also evaluated with projected annual tax impacts. Kentucky, hosting a Corvette plant in Bowling Green, is seen as having an edge, though no favorite site is named. Job creation remains a key factor alongside workmen’s and utility costs and transportation.
MENTIONED IN THIS ARTICLE
Milwaukee
Illinois
General Motors
Saturn
Arthur Anderson & Co
Steve Graf
Anderson
Wisconsin
Ohio
Iowa
Pennsylvania
Texas
Indiana
Arizona
Michigan
Louisville
General Motors Corp
F. James McDonald
McDonald
Kentucky
Bowling Green
American Red Cross
Minnesota treasurer files for personal bankruptcy
Robert W. Mattson Jr., state treasurer of Minnesota, handles about $8 billion in funds annually and has filed for personal bankruptcy in Florida. Court papers show debts and judgments from past ventures including a restaurant, an office park, and a tomato farm. He lists $1.2 million in claims against him and assets of $77,262 along with $75 in cash.
MENTIONED IN THIS ARTICLE
ST. Paul
Mattson
U.S
Miami
Illinois farm net worth declines persist in FBFM study
The University of Illinois Farm Business Farm Management program reports five years of declining net worth across about 3 700 farms. Average yearly declines run from 7 000 to 15 000 25 000 per farm when land values are counted, with larger drops for high landowners and highly indebted operators. Interest remains the top farm expense, with cash interest per operator near 18 491 in 1984, while many operators on mid sized farms report substantial net nonfarm income to cover debts.
MENTIONED IN THIS ARTICLE
University of Illinois Ag Communications Urbana
University of Illinois Farm Business Farm Management
FBFM
U of I Extension
del Wilken
Wilken
Illinois
Fbfm Association
U of I Cooperative Extension Service
Wil
Ken
U.S
Survey Finds Home Buying Took Less Time Last Year
The Chicago Title Insurance Co 9th annual survey shows buyers spent 3.8 months to find a home in 1984 down from 4.4 months in 1983. First time buyers were more decisive, with 4.2 months in 1984 versus 5.7 in 1983, while repeats averaged 3.6 months, up slightly from 3.5. New homes accounted for 22.3 percent of 1984 purchases, down from 26.4 percent the prior year.
MENTIONED IN THIS ARTICLE
Chicago Title Insurance Co
Atlanta
Chicago
Dallas-Fort Worth
Denver
Los Angeles
Anaheim
Memphis
Minneapolis
New York- Long Island
Orlando
Philadelphia
Phoenix
Seattle
Tacoma
Federal Home Loan Bank of Chicago
Also Mentioned on This Page
S i Wire Services
Market Report
I. A
Amex
NYSE
Allen Industries Mess
Dayco
Brown Group
McDonalds
Coca-Cola
Norge Consol
DuPont
Magic Chef
Freeman Coal
Old Ben Coal
Gen. Dynamics
Holiday Inn
Oil Ohio
Inland Steel
Pepsi
JOE Main P.O. Box
Carbondale
Aristokraft - Brammer - Decora - Excell Decora
Birkholz Supply Warehouse
S. Division
St. Carterville
First Federal
First Federal Savings
Sparta
Broadway and Market
W. Main
Murphysboro
Walnut St
Steeleville
W. Broadway
FSLIC
Federn Savings & Loan Ins
Yow Savings Lesared
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