Congress panel hones tax bill compromise on tip rule
A Capitol Hill marathon ends with the conference replacing a 50 percent business meal deduction cut with new tip reporting requirements. Restaurants would estimate waiter tips to the IRS as 8 percent of annual gross receipts, with small eateries exempt. The plan preserves other tax provisions and includes new Medicare taxes for federal workers and higher airline taxes while raising the minimum tax for wealthy filers.
MENTIONED IN THIS ARTICLE
White House
Larry Speakes
Capitol Hill
Internal Revenue Service
IRS
Rescued family in Bahamas
NBC News correspondent Robert Bazell and his wife and two children were rescued after drifting at sea for three days in a 14 foot boat. Bazell swam two miles to shore for help and returned with a larger vessel, while islanders cheered as a police boat met the Arebia oil tanker that spotted the group about 40 miles southeast of Grand Cayman.
MENTIONED IN THIS ARTICLE
Miami
UPI
NBC News
Robert Bazell
Bahamas
Caribbean
Bazell
New York
Grand Cayman
How to Play Lotto in New York
The New York Lottery offers two ways to participate in Lotto. Use a bet slip with six numbers per panel, choose at least two games for $1 up to eight games for $4, or subscribe for 15, 26, or 52 weeks. Draws pick six numbers and a supplemental number from 40 balls, with four prize levels and odds listed for various bets.
Prize Money Allocation for Lotto as Described
The prize Fund is formed by 40 percent of gross Lotto sales after a 2 percent prize fund reserve. Of the prize fund, 50 percent goes to Regular First Prize, 12.2 percent to Second Prize, 25 percent to Third Prize, and 12.2 percent to Fourth Prize. If no one matches all six numbers, an Alternate First Prize equal to 20 percent of the Regular First Prize is awarded, with the rest rolled into next week’s jackpot. Prizes up to 600 can be collected at agents. larger prizes go to Lottery Offices or by mail. Regular First Prizes are paid as one cash plus 20 yearly installments unless cash or annual payments per winner are under 10,000, then multiple winners share cash only.
MENTIONED IN THIS ARTICLE
All Sax
Prise
New York
Boy 12 Dies While Trying to Stretch Taller
In Farmingdale a 12 year old boy died apparently while using an exercise rope to stretch taller. His father Frank DeStefano found him tied to a door knob with the rope around his neck in his Clinton Avenue home. DeStefano, executive assistant to Oyster Bay Town Supervisor Joseph Colby, last saw him at dinner Thursday.
MENTIONED IN THIS ARTICLE
Farmingdale
Frank DeStefano
Matthew
Clinton Avenue
DeStefano
Oyster Bay
Joseph Colby
Plague Claims Sixth NM Victim In year
A 15 year old boy in Santa Fe has been confirmed as the sixth plague victim in New Mexico this year. The patient, hospitalized Friday in Ede, has bubonic plague and is recovering. Two previous victims, an 11 year old boy and a 42 year old man, died.
MENTIONED IN THIS ARTICLE
Santa FE
N.M
New Mexico
Harry Hull
State Health Services Division
Ede
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Buck Stove
Smoky Mountain Enterprises, Inc
Sebri Energy Corp
E. Genesee ST. Skaneateles, N.Y
Houston Chronicle
Reagan
Camp David
Maryland
St. Joseph Parish
Lafayette
Ireland
France
Italy
Vatican
Portugal
Spain
Shannon
Bunratty
Limerick
Killarney
Kerry
Cork
Blarney
Waterford
Dublin
Lourdes
Rome
Vatican City
Madrid
Fatima Lisbon
Papal
James Nero
Philadelphia Fire Department
New York State
PO. Bon
Alhana NY
Oamed
Pane E
Firat NATO
Janual
Deane
Samme
Factory Ave
Mattydale
Sears
Sear
Sears, Desiice and Company
Acana Hinds Concert Theatre
Civic $ Center
Syracuse
SUN
Aus
Gan Eianes
Harvey & Corky
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