Word: taxed
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...furiously to the automaker's decision to cut 3,000 jobs - a third of the workforce - and cancel a planned €900 million investment at its Genk plant. The cuts come as Ford struggles with slumping sales and market share in Europe, where it lost €447 million before tax in the second quarter to June. Workers at Genk last week staged two 24-hour strikes at the plant, which makes the Mondeo sedan and Transit minivan; they're threatening more stoppages. It's a baptism by fire for Lewis Booth, 54, the former head of Mazda who took over...
...Schwarzenegger has made his job more difficult by making three popular pledges: he?ll repeal the recent increase of the car tax, he won?t raise taxes and he won?t cut education spending. The car tax repeal alone will widen the budget gap by $4 billion. But Arnold shrewdly avoided revealing any other details of his plan to fix the budget, arguing he first needs to audit the entire government. While that wasn?t fair to voters - and in exit polls two-thirds griped that he hadn?t given them enough information - they voted for him anyway...
...afraid to knock some heads. The day after the election, Schwarzenegger and Democratic Senate Majority Leader John Burton had a nice phone call about working together, but, Burton told reporters later, the senator told Schwarzenegger he can?t repeal the car tax without the legislature?s approval. At his press conference later in the day, Schwarzenegger replied, ?We have a difference of opinion.? It will probably be the first of many with the legislature. Some Arnold will have to make compromises on, but sometimes he?ll have to draw the line. He is the Governor after...
...Iraq and the 2000 Presidential Election, the Kobe Bryant case is the most popular web search in the history of the Internet. Websites have already revealed the woman’s identity—along with her address, her high school yearbook picture, phone number, and tax information on her parents’ home. Some websites lambaste her as a whore. Others gossip about everything from her emotional problems to her favorite color. One astute visitor to a cyber-forum on the subject proclaimed: “This is just another slut trying to get money out of having...
These border states have taken advantage of Massachusetts’ antiquated moral rectitude by cashing in on the additional tax revenues of Sunday alcohol sales, capturing currency that would have otherwise lined Massachusetts’ drained coffers. To prevent this Sunday run for the border, legislators have already tempered the blue law with some economic sense. Angry that New Hampshire quickly usurped the Sunday market for alcohol, Massachusetts enacted a law allowing the Sunday sale of alcoholic beverages within 10 miles of the New Hampshire border. And as the law stands, while Sunday sales are verboten for most...