American Government Summaries
Calaf Wilfahrt
American Government
3rd Hr.
Mr Burke/ Mr. Allen
News Articles # 7
Memos Reveal Scope of Power Bush Sought in Fighting
Terror
Executive
Author: William Selway
Publication: 11:20 p.m. CST, January 14, 2014 State
revenue isn't rising fast enough to keep up with the cost of funding pensions, health
care and public works projects, underscoring financial strains that persist during the economic recovery, according to a report. Paying for worker benefits is taking money from schools and other needs, according to the report, issued Tuesday by a privately funded panel of budget specialists led by former Federal Reserve Chairman. State tax collections have been rising for the past three years as the economy revived and stock prices climbed, erasing budget shortfalls that forced spending cuts after the 18-month recession that ended in June 2009. The stability has allowed states to make up for cuts to schools and other programs or lower taxes. States are still confronting unfunded liabilities for employee pensions and health care because of investment losses or the failure to set aside enough to pay for future expenses. This affects the economy because workers throughout lose a ton of their rights.
Athletes Question Fairness of Tennessee’s ‘Jock Tax’
Legislative
Author: By MARY PILON
Publication: Published: December 12, 2013
When the Milwaukee Bucks traveled to Memphis to play the Grizzlies earlier this year, the Bucks lost by 3 points — and the backup point guard Nate Wolters lost about
$1,000. He was not fined and he did not lose a bet. He fell victim to Tennessee’s jock tax,
Calaf Wilfahrt
American Government
3rd Hr.
Mr Burke/ Mr. Allen
a once obscure issue that has become a lightning rod for professional athletes, lawmakers and accountants. Like many states, Tennessee charges visiting athletes a tax when they travel for games. But Tennessee is the only one to charge the same flat rate to LeBron
James, who
American Government
3rd Hr.
Mr Burke/ Mr. Allen
News Articles # 7
Memos Reveal Scope of Power Bush Sought in Fighting
Terror
Executive
Author: William Selway
Publication: 11:20 p.m. CST, January 14, 2014 State
revenue isn't rising fast enough to keep up with the cost of funding pensions, health
care and public works projects, underscoring financial strains that persist during the economic recovery, according to a report. Paying for worker benefits is taking money from schools and other needs, according to the report, issued Tuesday by a privately funded panel of budget specialists led by former Federal Reserve Chairman. State tax collections have been rising for the past three years as the economy revived and stock prices climbed, erasing budget shortfalls that forced spending cuts after the 18-month recession that ended in June 2009. The stability has allowed states to make up for cuts to schools and other programs or lower taxes. States are still confronting unfunded liabilities for employee pensions and health care because of investment losses or the failure to set aside enough to pay for future expenses. This affects the economy because workers throughout lose a ton of their rights.
Athletes Question Fairness of Tennessee’s ‘Jock Tax’
Legislative
Author: By MARY PILON
Publication: Published: December 12, 2013
When the Milwaukee Bucks traveled to Memphis to play the Grizzlies earlier this year, the Bucks lost by 3 points — and the backup point guard Nate Wolters lost about
$1,000. He was not fined and he did not lose a bet. He fell victim to Tennessee’s jock tax,
Calaf Wilfahrt
American Government
3rd Hr.
Mr Burke/ Mr. Allen
a once obscure issue that has become a lightning rod for professional athletes, lawmakers and accountants. Like many states, Tennessee charges visiting athletes a tax when they travel for games. But Tennessee is the only one to charge the same flat rate to LeBron
James, who