Tax cut legislation could affect all employees

Article Abstract:

The Senate and the House passed the Financial Freedom Act that would provide $792-billion in tax cut over 10 years despite Pres Clinton's threat that he will veto such a large measure. The main provision of the approved bill is a reduction in marginal income taxes by one percentage point. The 15% rate would drop to 14.5% by 2001 and 14% by 2003. The new law will also phase out inheritance taxes over a period of ten years until these are fully repealed by 2009. Health insurance premiums for the self-employed would also be fully deductible by Jan 1, 2000.

Laws, regulations and rules, Tax administration and procedure, Tax administration, Taxation, Tax abatement

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Paris spreads its western wing

Article Abstract:

The French government and local authorities are planning a $2 bil urban renewal program for the expansion of the main east-west axis of Paris to the western suburb of Nanterre. The project called La Defense West includes construction of 12 mil sq ft of housing, and 3 mil sq ft of offices between 1997-2000.completed by 2000. The project will alleviate the area's lack of style and landscape homogenization. Remodeling of Nanterre-Grande Arche de La Defense's architecture also includes a redevelopment of the area's transportation systems.

Administration of Urban Planning and Community and Rural Development, Public Works Projects NEC, France, Urban renewal, Paris, France

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Eight ways to build strength

Article Abstract:

Strategies are presented to improve the nation's infrastructure and public works. These include viewing infrastructure as a long-term investment, and providing adequate funding for public projects such as water treatment and waste disposal systems.

United States, Municipal engineering

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