Marketplace 2/18/2004 | Gather
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Transcript of Marketplace 2/18/2004 | Gather
Marketplace 2/18/2004 | Gather
One year on, your scheme looks such as a huge good results -- although not most people arecelebrating. Larry Sabato, director in the Middle with regard to Politics at the university regardingVirginia, says throughout Dean's case, lightning struck twice.
# Why tend to be boardrooms now buzzing because involving consequently many mergers andacquisitions? About Wall Street, all regarding this motion means one thing: fees.
Sabato's guide "Midterm Madness" can end up being acquired from Public Radio BookSource.Whenever Jacaboni faced millions inside again taxes, he sued KPMG. Nevertheless KPMG dismissedan IRS requirement to sign-up the particular shelter, calculating it could create a lot more offeringthe actual dodgy system compared to it might have to pay inside fees. Apps reached this fiscal year'smandated cap regarding 65,000 new workers. A Few repeat the record-setting ruling can become awin with regard to just about all inventors.
# Newscast Today, your Federal Election Commission voted to put a few restrictions upon how acash that will nonparty political groups raise could be expended -- but commissioners place off whois ready to donate and just how much.
Music Bridge: where is actually My Mind? - The Actual Pixies
Listen for the full interview along with Larry Sabato.
Reporter: Lisa Napoli
Support Marketplace: Obtain this songs coming from Public Radio MusicSource
Reporter: Hedrick Smith
http://www.marketplace.org/play/audio.php?media=/2004/02/18_mppirs. Your firm in additionignored internal warnings that the shelter had been illegal. Nevertheless with lobbyists tough withwork, companies might not have got access to to maintain back until the start with the next fiscalyear to engage workers from abroad -- and also that produces a amount of jobless Americans angry.
Features
Reporter: Stephen Beard
Music Bridge: Dr. Other People say their particular profits have got risen because that they are nowable to reach their prospective customers more quickly.
DOW 42.89 (0.40%) ; NASDAQ 3.88 (0.19%) (1.30%); S&P 500 5.17 (0.45%)
"Tax Me In the Event You Can" series - one man and the tax shelter in which expense him millions
Listen to an interview together with Cathy Allen, exactly where the girl explained why your figuresweren't employed by Dean despite his amazing fundraising machine.
Music Bridge: the Great London traffic Warden Massacre - Morcheeba
Commentator: David Manasian
Part a couple of of our own series with PBS' Frontline upon tax breaks, loopholes and dodges, "TaxMe In The big Event You Can."
Joe Jacaboni developed a fortune within the tech boom then ended up being pitched an "investmentstrategy" by KPMG -- really, just a complex tax shelter. Several central London businesses complainyour congestion charge can be generating their clients away. In Which features produced himsomething of the operating class hero again home. Yet 1 Japanese pc engineer, the actual brains atthe rear of the particular Blue LED, chose to sue for a bigger talk about in the proceeds from yourbreakthrough throughout semiconductor technologies -- and in which he won. That's when hislawyers dug up internal documents showing that will KPMG had had grave doubts concerning thistax shelter with regard to years.
Web resource: Pay any visit to your "Tax Me if Anyone Can" series page.
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Coming up on Marketplace...
Professionals seeking H1B visas for you to operate in America will now have got to have to wait untilnext fiscal 12 months following your federal government's choice not to accept anymore software foryour well-liked program, that can bring skilled foreign labor to the U.S. Fine, Dr. but will it happenthroughout America? Well, says Manasian, credited in order to Americans' "taste for newtechnologies, their own willingness to end up being able to embrace market remedies in order topublic problems, and their obsession using holding down general taxation, a new decade via now,they will might have solved their urban targeted traffic problems -- as the Brits are generallynonetheless wanting to assess the London 'experiment.'"
London's congestion charge traveling away customers
In Japan, where even very skilled employees have longbeen treated as drones, social stress discourages"salarymen" via requesting more.
The world's biggest visitors reduction experiment featuresjust passed its 1st anniversary. Howard - NRBQ
# Though it ended ugly, no doubt politicians would enjoyto be capable of bottle the actual lightning that onceended up being the actual Dean campaign. The purchasehelps support Marketplace.
Worker wins huge patent fight inside Japan
Commentary - Congestion cost is actually most likely London'sexperiment
Marketplace: Wednesday, February 18, 2004
The quantity of H1-B visas reach cap -- with least, pertaining to now
A look at today's markets (closing numbers)
Listen to just about any or even all newscast items
Reporter: Jessica Smith
Support Marketplace: Buy this audio through Public Radio MusicSource
Music Bridge: Gimme Shelter - London Symphony Orchestra
While many hate the actual congestion charge, commentator David Manasian says that whether itcontinues being a hit within the UK, some other countries might find yourself adopting it as well.Throughout a bid for you to deter folks through bringing their vehicles directly into central London,your city's mayor launched your Congestion Charge: Everybody generating into the region featuresto spend a new charge for that privilege. Howard, Dr