AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Then and now: 1991 budget crisis offers lawmakers many lessons.(Knight Ridder Newspapers)
SACRAMENTO, Calif. _ For Sen. Steve Peace, the San Diego Democrat who heads the Senate Budget Committee, California's burgeoning budget deficit elicits a feeling of deja vu.
With fiscal forecasters now estimating the state will face a shortfall of more than $10 billion next summer, Peace recalls 1991, the last time an economic downturn socked the state. Lawmakers that year had to bridge a gap of $14 billion, one-third the prior year's general fund.
"The speed of the deterioration, that's the major similarity here," Peace said this week.
As Gov. Gray Davis gathers top business and political leaders Friday for an economic summit, one thing is clear: Turning around California's economy is crucial if lawmakers want to avoid raising taxes or cutting vital programs, such as education or law enforcement.
The summit, called by Davis to generate ideas about how to stimulate the economy, is to be held at Walt Disney Co. studios ...
- President Bush Meets With Venture Capitalists to Discuss Innovation &...
- Press release article from: PR Newswire September 17, 2003 700+ words
...Topics of discussion included the use of stock options to recruit and retain talented employees...companies, the role of reductions in the capital gains tax in stimulating the flow of risk...we applaud his support of the recent capital gains tax reduction and believe it will go...
- Capital gains & stock options: when should you exercise?(Special Advertising...
- Magazine article from: Newsweek March 2, 1998 700+ words
...review the new capital gains rules and see...Note: The capital gains rate for collectible...28 percent. Stock options are an incentive...nonqualified stock options to exercise the...new 20 percent capital gains rate. At Ernst...
- India: FICCI for capital gains tax on stock options.
- News wire article from: Business Line April 12, 2000 700+ words
...suggested that stock options should not be...only be taxed as capital gains when these are...salaries but only as capital gains on the disposal...be rendered. Stock options allow an employee...time. Incentive stock options (ISOs) are options...will be ...
- Texas companies that intend to donate stock and stock options to nonemployee...
- Magazine article from: Austin Business Journal November 23, 2001 700+ words
...Texas companies that intend to donate stock and stock options to nonemployee consultants and charities, should thank the attorneys in the Austin office of Brobeck Phleger & Harrison...
- Australia Improves Capital Gains Tax to Attract Investment From U.S. Pension...
- Press release article from: PR Newswire November 19, 1999 700+ words
...the Senator. Lower Capital Gains Rates and Encouragement of Stock Options Decreasing the capital gains rate to encourage...encourage the use of stock options to attract talented...relief will eliminate capital gains liability when there...
- Offshore trusts offbeat but worth examining.(avoiding capital gains tax)(Brief...
- Magazine article from: Denver Business Journal TEDSTROM, PETER JAHDE, ALAN March 23, 2001 700+ words
...exercise your stock options and permanently...eliminate your capital gains, income and estate...assets and the capital gains on sale are not...business or stock options) may be transferred...privately held stock options into the life...pay no income or ...
- Microsoft chooses to wield its power for Good. (Commentary).(Microsoft Corp....
- Magazine article from: Los Angeles Business Journal Pauly, David July 21, 2003 700+ words
...use its monopoly for good. By eliminating stock options as a means of paying its employees and instead...present -- in the form of dividend payments. Stock options were all about capital gains. The total return on shares given to employees...
- Stand-up stock options. (CEO Finance)
- Magazine article from: Chief Executive (U.S.) Fuersich, Janet Ross, Thomas J., Jr. April 1, 1993 700+ words
...holding in company stock. * Stock options in tandem with restricted...the awarding of incentive stock options (ISOs). Such options permit...for possible long-term capital gains treatment. STOCK OPTIONS AND FINANCIAL PLANNING The...
- Pioneer Press, St. Paul, Minn., Edward Lotterman column: Capital gains put the...
- Newspaper article from: Saint Paul Pioneer Press (St. Paul, MN) May 25, 2006 700+ words
...McGuire with highly favorable stock options, UnitedHealth illustrated...can be converted into "capital gains." UnitedHealth did not...other types of income into capital gains surface whenever capital gains receive special treatment...
- GOP Leader Supports 'Super Stock Options'.(Brief Article)
- Magazine article from: HRMagazine Leonard, Bill June 1, 2000 700+ words
...the best features of all stock options and permit companies to...cost of providing the stock options and give employees tax breaks on capital gains if they sell their stock...tend to hold onto super stock options longer, Boehner contends...
Source: HighBeam Research, Then and now: 1991 budget crisis offers lawmakers many...