Tax cut not deep enough, but it will do – for now

President Bush’s tax cut should be just what the economy needs to get moving again. As passed by Congress, the plan to cut $350 billion over 10 years is less than half what the president originally called for. But it’s still a significant reduction in the burdens borne by citizens and businesses. The tax package’s […]

County proposes raising gross receipts tax

By Jack King Curry County commissioners voted 3-2 Tuesday to ask voters to approve an increase in gross receipts taxes to cover a county budget shortfall estimated at between $200,000 and $400,000. A majority of the commissioners approved creating an ordinance authorizing a one-eighth percent increase in county gross receipts taxes that would be placed […]

County will discuss possible tax hike

By Jack_King@link.freedom.com Curry County is facing a projected budget shortfall that could reach as high as $400,000, County Manager Geneva Cooper said Monday. The amount of the shortfall between spending and revenue in the county’s 2003-04 budget has varied between $200,000 and $400,000 during the budget development process, Cooper said. The county commission is expected […]

City, railroad reach agreement

By Jack King Curry County is facing a projected budget shortfall that could reach as high as $400,000, County Manager Geneva Cooper said Monday. The amount of the shortfall between spending and revenue in the county’s 2003-04 budget has varied between $200,000 and $400,000 during the budget development process, Cooper said. The county commission is […]

Bush’s tax cut proposal would pay off in jobs

There’s still a lot of work for Congress to do on President Bush’s proposed $550 billion tax cut. Because of objections by liberal Republican Sen. Olympia Snow of Maine, the president’s original proposal to entirely end the double tax on dividends may be gone for now. “The Senate’s Republican tax writers struck on an agreement […]

County to consider tax hike

By Jack King Curry County is facing a $200,000 shortfall in its 2002 budget and may have to increase taxes to cover it, County Manager Geneva Cooper told the commission Tuesday. To cover the shortfall, the county could increase property taxes by 1 or 2 mils of value or increase gross receipts taxes by one-eighths […]