Employers to Pay U S Tax on Child Labor
The Associated Press reports that Virginia employers must pay a 10 percent federal tax on the annual profits of business employing children under 14, despite lenient state laws allowing 12 year olds in cannery work when not in school. Federal certificates are not accepted to establish use, and employers must keep federal certificates on file for inspection.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Virginia
Bureau of Internal Revenue
Prices Stay High as Auto Makers Cite No Reason to Cut
Industry survey shows no immediate drop in car prices as manufacturers give no substantial basis for reductions. Despite scattered early signs of softening in raw materials and parts, most firms expect costs to remain up and resist price cuts to avoid undermining market trust.
MENTIONED IN THIS ARTICLE
MaentAation
Blic Hag
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JS. Solenberger & Co
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