Edison and CEI taxes among U.S. lowest rates
A CTJ report shows Ohio Edison and Cleveland Electric Illuminating Co. paid very low federal tax rates between 1982 and 1985. Ohio Edison paid 1.4 percent on nearly $1.8 billion pre tax profits, CEI about 3.6 percent on $1.4 billion, with other Cleveland firms like Standard Oil and American Greetings posting higher taxes.
MENTIONED IN THIS ARTICLE
Ohio Edison Co
Cleveland Electric Dlluminating Co
United States
Ohio Edison
Citizens For Tax Justice
CEI
CTJ
Standard Oil Co
Internal Revenue Service
American Greetings
Cleveland
CBI
Standard O11
League of Women Voters
The
Consumers Federation of America
United Church of Christ
Cei’s
Texte
Dave Osterland
J. Lee Bailey
Pease named to tax reform conference committee
U S Rep Don J Pease of Oberlin was appointed to the House Senate conference committee to craft the final tax reform bill. The selection, urged by Rep Dan Rostenkowski, marks an unusual move as Pease is the sole Ohio Democrat on the panel and ranks 15th in House seniority. Pease vowed to defend tax free financing for Cleveland's proposed domed stadium and to protect middle income taxpayers.
MENTIONED IN THIS ARTICLE
U.S
Don J. Pease
House
Senate
Pease
D-Oberlin
Tip O’neill
Dan Rostenkowski
Ways and Means
Con
Rostenkowski
Ways and Means Committee
Cleveland
Retardation board policy draws probe over Payner plan
An Elyria case centers on a $48,000 life policy for Ellen L. Payner, superintendent of the county Board of Mental Retardation, written before the board voted to pay. Agent Glenn Pomeroy says the policy was submitted as personal coverage and later changed to fit board payment. Prosecutors probe possible public official conflict as Ralph W. Miller, then a business associate of Pomeroy, voted for the contract and may have shared in the agent’s commission, unknown at Summit National Life. Authorities and the policy commission address remain unavailable.
MENTIONED IN THIS ARTICLE
Elyria
Ellen L. Payner
County Board of Mental Retardation
Glenn A. Pomeroy
Ralph W. Miller
Summit National Life
Akron
Pomeroy
County officials approve expensive life policy for Payner
Telegram from the county auditor backs Pomeroy's account as board approves a $4,769.07 five year prepaid life policy with cash value. Members Miller McGough Jo Huber and Szekely voted yes while others did not know policy type or selection process. Summit Insurance cites 9.5 percent interest. policy may require loans to cover future premiums.
MENTIONED IN THIS ARTICLE
Pomeroy
Payner
Miller
McGough
Jo Huber
Michael Szekely
Summit Insurance
Also Mentioned on This Page
Kelly Conrath
Christy Conrath
Clark Street
Gene Krebs
Bob McIntyre
Federal
Rusty
Scott Sleek
C-T
Ference Committee
Don Pease
David Knox
Miller Nor
the Chronicle
Herbert Hoover
Titanic
Omed
Jason JR