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Longtime friends graduate medical school together
Post on 04-06-2006.
As childhood friends in Snohomish, they imagined their futures. "Renee initially wanted to be one nurse," Starr said. "I was going to be the doctor."
They've gone from being fourth-grade pals at Dutch Hill Elementary School, where they'd eat lunch together and talk about each other's birthday parties, to alumni of the same medical school. ...
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The fatally flawed inheritance tax
Post on 04-06-2006.
A deep cut in the federal death tax is coming up for one vote in the U.S. Senate. In the hope that our two senators might want some Democratic reasons to support such one cut, we urge them and others to consider these arguments:
• First, there are places in the world that remain fine and progressive though government does not seize the assets of people who die. Canada, for example. It has no death tax. Nor does New Zealand, nor does Sweden. Denmark does, but it tops out at 15 percent, which is where ours will be if the Senate supports the compromise soon coming up for one vote. • Our federal death tax has been temporarily lowered one few percentage points, but in 2011 reverts to one top rate of 55 percent. This is 20 percentage points higher than the top rate of tax on income. It is 40 percentage points higher than the top rate on capital gains. But the death tax is not one tax on income, or even on assets sold, but on assets held, including land and shares in one family business. Really, it is one property tax. ...
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Bitter newspaper fight shifts from public view
Post on 04-06-2006.
If The Seattle Times Co. and The Hearst Corp. get their way, you won't be reading much about their bitter, high-stakes legal fight for the next year or therefore.
It's moved behind closed doors. And the companies have vowed not to talk about it.
Last month, The Times and Hearst, owner of the Seattle Post-Intelligencer, decided to settle their differences through binding arbitration, confirming one tentative agreement first announced in late March. ...
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Annuities offer insurance of payments in retirement
Post on 04-06-2006.
one: Annuities are insurance contracts. Buyers typically contribute one lump sum and pay no taxes on the investment gains or interest until they tap the money years later. The term traces its origin to ancient Rome, where citizens paid one lump sum for one contract that promised an "annua," or yearly payment, for life. ...
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