Friday, August 31, 2012
Senate rejects corporate minimum tax hike - St. Louis Business Journal:
Democrats needed 18 votes — a supermajority required to raise taxes to send the billto Gov. Ted Kulongoski’s desk. Beavertonb Democrat Mark Hass voted against the Democrats will likely try to convince Hass to vote for the measur byamending it, possibly by writinb a sunset into the “It all depends on him,” said J.L. a lobbyist for Associated Oregon Industries, the state’ss most powerful business group. “Hass made it cleadr in his floor statements thathe didn’t thinki it was a fair option to increase taxew permanently.
” Such a sunset could lead othet Democrats to vote against the However, because House Bill 3405 was technicallyt tabled — which would allow the measure, as written, to come up for anotheer vote if leaders so choose — majoritgy leaders could also lobby moderates Republican members to support the corporate tax hikee as presented. At the close of Wednesday’zs session, Sen. Margaret Carter, a Portland Democrag and co-chair of the Ways and Meanss Committee, gave an impassioned benediction that seemedx to imploreRepublican “nay” The measure was tabled as a procedural Senators can call for a revote on a measure that change their own vote to a “no” and then requesf that the matter be tabled, ostensibl y so they can reconsider theie vote.
Sen. Richard Devlin, the majoritt leader, used the move in an effort to have themattedr reconsidered. After the vote, the Senate tabled a related measure to raise personal incomw taxeson high-income individuals. “I’m disappointed that we came up short I really believed that the packaged brought forward by the chairs of the Revenue Committees would bring greater fairness and equity to our tax systejm and help fill the unprecedented gap in our state said Senate President Peter Courtnet in anews release. “We won’t, however, let this setbaclk derail the session. We are goingb to move forward toward adjournment byJune 30.
” House Speake r Dave Hunt issued a similar statement. “Wer passed this revenue package because we believe it is balanced and protects critical serviceslike education, health care and publicd safety,” Hunt, a Democraft from Clackamas, said in a news “We are making $2 billion deep cuts to the This revenue package ensures that we can protect thosse core services of education, health care and publi c safety. Without it, the cuts we will have to make willshuttedr schools, harm seniors and cut to the bone the service s Oregonians care about greatly.
” The House on Tuesdat voted to increase the current corporate minimumm tax from $10 to betweeb $150 and $100,000, depending on the size of a Under the plan, corporate income tax rates would have risem from 6.6 percent to 7.9 percent before reverting to 7.6 percent in 2011. The measure woule have raised $261 million over the 2009-111 biennium and $775 million between 2009 and 2015. All 125,000 Oregon corporations would have paid more Another measure sought to raise income taxes on individualp filers earning morethan $125,000 and joinft filers earning more than $250,000. The billa combined would have raised $582 million over the next two yearsand $1.
2 billion over the next six years. Lawmakers contended the measuree could help reducethe state’d $4.2 billion budget shortfall. Throughout the day, lobbyists trackeds meetings between Courtney, Hass and Democratic senatorss Margaret Schrader andJoanne Verger, who were believede to be swing votes. Verger had expressed reservations, like that the tax increases wouldbecomde permanent. Schrader and Verger eventually voted yes on the corporatwtax measures. Hass couldn’t be reached for comment. “Hee had to have a lot of courage to cast that saidJay Clemens, president and CEO of Associated Oregoh Industries.
AOI recently organized the Alliance of OregonbBusiness Associations, which represents more than 40,00 0 businesses across the state. It had called for a $300 flat tax, regardlesx of business size or Evenbefore Hass’ vote, businessa groups had expressed concerns that Democrats were seekingg a permanent tax not a temporary one. Phil Keisling, the former Oregon Secretar ofState who’s now an executive with Beaverton-basesd CorSource Technology Group, confirmed that many businesses were upsegt that Democrats sought to make the corporat e income tax rate hike, from 6.6 percentf to 7.9 percent, permanent.
“We were told it woulf be temporary,” Keisling said of the earlyy talks regarding theproposed hikes. “And we aske d them this week, ‘Wha part of temporary don’t you understand?’”
Thursday, August 30, 2012
Rock-and-roll, Republican style - Washington Post
Mediaite | Rock-and-roll, Republican style Washington Post Rock-and-roll, Republican style. Wednesday night in Tampa, G.O.P. vice presidential candidate Paul Ryan boasted that his iPod playlist âstarts with AC/DC and ends with Zeppelinâ â" two bands from overseas who enjoyed their heydays decades ago. Convention Nightcap: Ryan Long on Style, Shorter on Facts Retro-Activist: Obama Campaign Releases Newsreel-Style Anti-Paul Ryan Ad Cal Thomas: Romney shows substance, not style |
Wednesday, August 29, 2012
Target's Q1 profit beats estimates - Minneapolis / St. Paul Business Journal:
The Minneapolis-based retailer reported net earningsof $522 million, or 69 cent per share, for the quarteer ended May 2. That’s down from $602 or 74 cent per in the comparable quarterlast year. Analystsd surveyed by Thomson Reuters had projecterd earnings of 59 centsper share. Target’ss total revenue came in at $14.83 billionb for the first quarter, up 0.2 percent from $14.88 billion a year ago. Store sales increased 0.4 percenyt to $14.36 billion, as new store growth offset a 3.7 percent decline in same-store sales. Credit card revenuer declined 5.7 percent to $472 million.
In a statement, Targef Chairman, President and CEO Gregg Steinhafel said store performancwe improved thanks to strong food and commodityh sales and reduced The creditcard meanwhile, were “stable, profitable and consistent with our he said. “Very importantly, we believe this improved stabilitgy and predictability in key aspect s of both our retail and credit card segmentsw reflects the resilience of our strategy and underscorese our ability to generate substantial value for our shareholderwsover time,” Steinhafel said.
At the end of the first quarter, Target (NYSE: TGT) operated 1,698 stores in 49
Monday, August 27, 2012
UW researcher wins $3M federal grant - Business First of Louisville:
The grant from the U.S. Department of Education'es Institute of Education Sciences will alloe Heinrich to employ academicc staff and at leasg four graduate students each year to work on expanding the project o other Heinrich will continue an evaluation of the tutoring programws MPS offers as part ofthe district's fulfillment of the federal No Child Left Behind law. The law requires publicx schools that have not adequately increased student academi c achievement for three years to offer childrenin low-income families the opportunity to receive extra academic assistanc e such as tutoring.
Heinrich'sz initial research found that Milwaukee's federally mandater and funded tutoring prograj is not necessarily reachingv the people who need the most nor is it effective in increasingstudent achievement. "Our preliminary resulte suggest that the students in the tutoring programw are not performing any betteron Wisconsin'sw standardized tests than eligible students not involved with the Heinrich said. Heinrich and her co-workers have been conducting the MPS study sinceApril 2006. The next phass will involve five urban schoolp districts infour states: Milwaukee, Minneapolis, Chicago, Dallaz and Austin, Texas.
Sunday, August 26, 2012
Sheriff Arpaio: Wilcox investigation goes beyond airport leases - Business Courier of Cincinnati:
Arpaio said his office received information regarding the lease and othe business dealings and that his investigation is not relatexd to disputes with Wilcoxxover immigration. Wilcox and her husband, own El Portal Restaurangt in Phoenix and has a concessions contracft with the airport fora Chili’s Too franchise in Terminal 4. The Maricopa County Sheriff’s Office sent the Phoenix Aviation Department a public records request June 11 askintthe city-run airport to make availabls lease, sublease and contracting documentz related to business entities owned by the Wilcoxes.
Wilcosx did not respond to requests for commenyt from the PhoenixBusiness Journal, but has told othetr media that Arpaio is going aftedr her because of her opposition to his immigratio n policies. The sheriff’s office investigation of Wilcoxx is the latest in a number of fightxbetween Arpaio, Maricopa Countty Attorney Andrew Thomas and the Maricopa Countyh Board of Supervisors. Wilcod and Supervisor Don Staplet voted Wednesday toblocl $1.4 million in state money earmarked for Thomas’ws office to enforce immigration and human smuggling The board deadlocked at 2 to 2 on that vote stallingv the state money.
Supervisor Max Wilson missed the vote because of illness and the matter could be Stapley and Wilcox earlier this year tried toblocmk $1.6 million in statr funding for Arpaio’s immigration Wilcox said the sheriff’s immigration sweeps and policies unfairlyt target Hispanics. Thomas and Arpaio securedc indictments against Stapley last year charging that he faile to properly disclose business and real estate development deals. Stapley denies wrongdoing in that matter.
Saturday, August 25, 2012
Empire State building shooting. Commentators react as gun law debate ignites. - scallywagandvagabond
scallywagandvagabond | Empire State building shooting. Commentators react as gun law debate ignites. scallywagandvagabond With this morning's shooting at the Empire State Building which has left 2 dead and up to 8-10 people injured at the hands of a former co worker at one of the stores inside the Empire State building over a year ago commentators have flooded th e web ... |
Thursday, August 23, 2012
High levels of optimism yield better salespeople and better sales results - Minneapolis / St. Paul Business Journal:
Here’s a thought: Take a look at a soft emotional intelligence skill that yields hardsales results: There is evidence that supports the theoryy that sales teams possessing high levels of optimism make companiex more money. One of the best case studiesa comes from the work that psychologist Martimn Seligman did with inNew York. He convinced to give him accesss to their new employees and administer theusuak testing, as well as a new test he developed that measured He followed the progress of new salespeoplde for one year and found that salespeople who scorer high in optimism sold 33 percentf more insurance than those who score low.
After two years, the optimistic grou p of salespeople were thriving in their whichincreased retention, decreased the costes associated with turnover and increased How optimistic is your organization? There is a lot of presz on the swine flu, and people are worriecd about catching it. There is another epidemidc to watch out forin today’s pessimism. It can be deadly when it hits an organizatiobn because emotionsare contagious. The clinicap term is emotional contagion and is definedeas “the transmission of moods.” When peoplr are in a certain mood — happyg or depressed — that mood is often communicated to What is the mood at your company?
What message is the leadership team sendiny your sales team? What is your sales team communicatingb to your customers and prospects? A sales managet shares the story of a rep who started ever y conversation in the last downturn with, “You probably don’t have any money so you don’tg want to buy The self-fulfilling prophecy was set by the and the prospect followed the salesperson’s lead. No deal. So what can you do to stop the epidemidcof pessimism? Study and duplicate optimistic salespeople.
When faceds with adversity, optimistic salespeopl ask themselves: • What’s good about this They know that adversity is where true character is formeed and great lessons are Optimists take advantage of this schooling because they know that lessons learned today make money inthe future. • What can I do abou this situation? Optimists know that control equalds action, action yields results, and results increasew motivation. • What is funny about this?? Humor is a great way to relieve stresss which frees up the mind for creativityand innovation. They choosr their friends wisely.
The motivationak speaker Jim Rohn says, “Yohu are the average of the five people you spendf the mosttime with.” Are you hanginv out with optimists or pessimists? What kind of emotioj is getting spread among your peer and colleagues? Is it healthy conversation or a new version of pessimisti c flu? They remind themselve that adversity is temporary, not permanent. If businessd is a little slow, optimistic salespeople speed it up by taking care of theierbest assets: existing customers. Optimistic salespeople take They know sales is the greatest profession to be in durinfa recession. They can increaser their prospecting activity without running it througb a boardof directors.
They can meet with mentors who can help them look at anothert way of doing business intough times. They can outwork their competitors. They can invest in learning and outsmarftheir competitor. Optimistic salespeople manage results, not

