Senate votes next month on death tax repeal bill
The Senate will vote early next month on the Death Tax Elimination Act to abolish inheritance taxes by 2010. The House passed the measure 279 to 136. Critics warn small firms could be forced to close and note high life insurance costs used to cover the tax.
MENTIONED IN THIS ARTICLE
Senate
Washington
D.C
U.S. Senate
House
Ed Frank
National Federation of Independent Businesses
Mike DeWine
Ohio
Amy Ricketts
George Voinovich
Robio
Mike Dawson
Voinovich
Justice Department denies Sprint WorldCom merger
The Justice Department filed a lawsuit to block the 129 billion WorldCom and Sprint merger, claiming it would lessen competition and raise costs for millions. The European Commission later said the proposal was unsatisfactory. the companies withdrew their notification in Europe and weighed options in the United States.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
WorldCom Inc
Sprint Corp
European Commission
United States
European Union
Mario Monti
Janet Reno
At&t
Baby Bells
WorldCom
Sprint
Reno
U.S
J. Richard Devlin
Devlin
Michael Salsbury
New York Stock Exchange
Europe
Joel L Klein
Department
Antitrust Division
Klein
New York juries absolve tobacco firms in lung cancer case
In Brooklyn a state court jury found Clyde Anderson, 57, not harmed by years of smoking, ruling smoking was not a substantial factor in his lung cancer after a two month trial. Plaintiffs had alleged tobacco firms hid risks and deceived the public.
MENTIONED IN THIS ARTICLE
Florida
New York
Brooklyn
Clyde Anderson
Anderson
New York State
R.J. Reynolds Tobacco Co
Philip Morris Inc
Lorillard Tobacco Co
Brown & Williamson Tobacco Corp
Liggett & Myers Tobacco Co
Tobacco Company
Martin Feldman
Salomon Smith Barney
Millions Hit by Alternative Minimum Tax Trap in 1998
The IRS reports 828000 taxpayers were caught in the AMT in 1998, a 25 percent rise from 1997, with mid income filers increasingly affected as inflation indexing failed. The AMT, created to curb tax avoidance by the rich, taxes income up to 28 percent and limits many deductions, pushing more middle class households into higher tax liability.
MENTIONED IN THIS ARTICLE
Washington
IRS
Congress
Hank Gutman
KPMG
Maggie Doedtman
H&r Block
John
Ohio realtors report modest home sales gains this year
Ohio Realtors Association data show January through May home sales up 0.2 percent from last year and the average price rising 4.1 percent to about 136,899. May figures mirror 1999 trends despite the higher price, during a period of nationwide housing pressure noted by HUD.
MENTIONED IN THIS ARTICLE
Ohio Realtors’ Association
Department of Housing and Urban Development
Also Mentioned on This Page
Jeremy the
Ctremblen Telegram
Federation
Frank
Rockefellers
Jennifer Dunn
John Tanner
Tennessee
Clinton
Dawson
Rep
Sherrod Brown
Daprain
America
Brown
Vinced
Sprint-WorldCom
William T. Esrey
Shakes
Bernard J Ebbers
MCI WorldCom Inc
Tobacco Industry
N.Y
Los Angeles Times
Internal Revenue Service
Ming
AME
ATT Weis Ny AK Cpe
Adilad
AMD Éghinn
Annie
NYSE
Oso
ONO
WBN
Nin Investment
At Street Securities, Inc
Membar Nasd
Orn Assag
WSS
Nitail
Fe American Greatings
Vis Ames Dept
Bob Evans
Cleveland Indians
Columbia Energy Group
Fie Cvs
OphmierChrysler
Emerson Electric
Englenard
Flint
Fitter Bancorp
Ford Motor
Gananat
Invacare Corp
Kaycorp
Ie Lear
NB Bancorp
Seco
He Limited
Nordson Corp
Northern Savings
PNC Corp
Parker Hannuin
APM Inc
Royal
Briers
Networkers Group
Avon
Avon Chapter of
Network Professionals
Sugar Creek
Detroit
North Abbe Roads
Fed
Federal Reserve Board
Dell
Dell Computer
Michael Dell
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