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Conservatives claim California is a high tax state. In fact, California's taxes are similar to other high-tech, industrial states. According to the non-partisan Legislative Analyst Office and the Tax Foundation, California has comparatively high sales taxes and rates for corporate income, but very low property taxes. State income taxes are very progressive, with a large proportion of revenue comes from households earning more than $100,000, as well as from taxes on stock options and capital gains. Low-income households, meanwhile, face lower tax rates that in most other states. This tax system, says Steve Peace, director...
...Presented with an opportunity this week to claim that foothold, however, most major oil companies were unwilling to commit. The need for military style security and expansive insurance in light of ongoing terror attacks would require foreign investors to add millions to the cost of operating in Iraq. Massive capital investment is required to develop the industry's capacity in Iraq, and militant trade unions that have flexed their muscles through strikes in recent years - and which bitterly oppose foreign oil companies taking charge of developing Iraq's fields - add to the headache facing potential investors...
...bill calls for the establishment of a review commission and fund dedicated to veterans and civil personnel who worked on the 210 nuclear-test explosions France carried out from 1960 to 1996. Those resources will also be available to people who claim they are suffering from radiation-caused illnesses because, at the time, they lived in the Algerian Sahara and near the two Polynesian atolls where France staged its underground, submarine and atmospheric blasts. The legislation - whose 300-to-23 passage spanned party lines - should breeze through both houses of Parliament in subsequent votes following Tuesday's initial test...
...many veterans, the term "mistake" is an insulting understatement. For nearly four decades, France's governments and its military refused to even consider whether the tests might have caused illnesses in people exposed to them. Official claims filed by victims were usually turned away, according to veteran groups and lawyers for radiation victims. Those determined enough to get a response to their claim were confounded by the authorities, who would not release any information about the tests on the grounds that they remained state secrets. Only around 20 veterans have ever managed to win symbolic damages from civil courts, which...
...unlike that established by the U.S.'s Radiation Exposure Compensation Act of 1990, which has approved over $1.38 billion in health-care or damages payments so far. That could have the unintended benefit of increasing the pressure on Britain to drop its long-standing refusal to compensate people who claim they were radiated during the U.K.'s nuclear testing from 1952 to 1991. The eventual passage of the French bill will leave London as the only Western nuclear power without an official body to hear such cases...