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Showing posts with label An. Show all posts
Showing posts with label An. Show all posts
Wednesday, January 12, 2011
The increase is being justified as a means to get the state out of a $13 billion deficit. According to The Wall Street Journal, the increase passed at the minimum with a vote of 60 to 57. It was then passed on to the Senate where it was expected to pass by Wednesday morning.
Under the new measure, the income tax would temporarily rise from 3 percent to 5 percent. Corporate tax rates would also rise from 4.8 percent to 7 percent. According to The New York Times, these income taxes are about a 66 percent increase from where they were before.
Advocates of the increase such as Gov. Pat Quinn believe the increase was necessary in order to prevent layoffs and foreclosures if the state does not fix its deficit immediately. As the Journal reports, Illinois is one of the few states that are taking to tax increases to fix their budget’s downfall. Other states like California are looking at other ways to fix their deficits and suggest making large service cuts.
Read More: Illinois House passes an increase of income tax late Tuesday night.
Monday, December 20, 2010
New Yorkers were shocked to wake up to the news of a young Citi banker, Jessica Fashano, taking her life on Saturday by jumping off the roof of an Upper West Side building.
Fashano's passion in life was clearly charity. She helped raise money for The New York Times Neediest Cases Fund, for the Acumen Fund (which makes small-business loans to people in developing countries) and for Harboring Hearts Housing, which provides affordable accommodation to cardiac patients.
The 27-year-old left no note, though friends and family said she had been suffering from depression.
Her body was found at 8:13 a.m. on Saturday, in an internal courtyard of Trump Place - a luxury apartment complex on Riverside Boulevard where Fashano did not live. Surveillance videos captured her walking into the Westside apartment block that morning, 16 blocks away from her own home on 52nd St.
The last person to see her alive was a Trump Place resident, who rode in the elevator with her. "Dressed for the cold in Ugg boots and a winter jacket, Ms. Fashano asked the woman how to get to the roof — which has views of the Hudson River and New Jersey, where Ms. Fashano grew up. The resident... said Ms. Fashano seemed alert and aware," the New York Times reported.
view full post: What We Know About Jessica Fashano, The Generous Citi Banker With An Amazing Laugh
Labels: about, Amazing, An, breaking news, Citi Banker, Fashano, Jessica, Know, Laugh, sportsnews, The Generous, u.s online news, We, What, With, world news
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