Domenici announces energy tax increase

DOMENICI STATEMENT ON HOUSE ENERGY TAX INCREASES             WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee, today issued the following statement regarding House passage of an $18 billion tax increase on domestic oil and natural gas production:             “Here we go again.  The House of Representatives has […]

Tax laws favoring military combatants

By Tom Philpott: Military Update If tax laws mirror a nation’s values, then America clearly values its military personnel, and more so today than a few years ago. Combat-zone tax exclusions, combined with changes to the Earned Income Tax Credit (EITC) and child tax credits, have reduced or even wiped out the tax liability of […]

12/9 Religion Digest

Broadview hosting missionary guests Dr. Larry and Addie Garman, global missionaries with the Church of the Nazarene in Peru, will be special guests at the Broadview Church of the Nazarene at 11 a.m. and 6 p.m. Sunday. The church is located 20 miles north of Clovis on state Highway 209. The Garmans were appointed to […]

Congress works through aid measures for Katrina victims

By Mary Dalrymple: The Associated Press WASHINGTON — Lawmakers on Thursday worked to help solve the practical problems facing those caught in Hurricane Katrina’s path who need quick access to cash, housing and medical care. The House and Senate passed nearly identical bills to let victims tap retirement accounts without penalty and help working poor […]

New tax breaks soon to close ‘pay gap’

Tom Philpott Civilian employers of Reserve and National Guard members who are mobilized longer than six months could be offered new tax breaks soon to close a “pay gap” between employees’ military income and lost civilian wages. Senate Republicans, before adjourning for fall elections, yielded to threats from Sen. Mary Landrieu, D-La., to block a […]