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Corporations pay a lower effective tax rate than Warren Buffett and Mitt Romney, but you wouldn’t know it from all the complaints that our corporate tax rate puts our country at a competitive disadvantage. Last year, U.S. corporations paid just 12.1 percent of their earnings in federal corporate income taxes. Buffett’s tax rate is 17.4…
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Rolls-Royce, the global power systems company, is considering a new advanced manufacturing facility at its Crosspointe location near Richmond. The new factory would be an advanced blade manufacturing capability involving high-precision turbine blades for some of the world’s most sophisticated aircraft engines built by the company. Significant growth in the company’s aero engine order book…
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America is facing a crisis of leadership. We need and deserve a vision and strategy to meet the energy and economic challenges facing the United States. The latest budget proposal for 2013 illustrates this over and over again. The President summarizes it best as “all of the above” and is a vote for a lot…
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Mark Warner might be in D.C., but he’s definitely not of D.C. “No matter how many challenges you’ve got in the Valley or on City Council or others, they are not as wacky as the people that I work with up in D.C.,” Sen. Warner, D-Va., said during a visit to Waynesboro on March 2….
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Former Pennsylvania Sen. Rick Santorum (37 percent) leads former Massachusetts Gov. Mitt Romney (33 percent) by a narrow margin, according to a Suffolk University poll of likely Republican Primary voters in Ohio. Newt Gingrich (16 percent) was a distant third, and Ron Paul struggled (8 percent) in single digits with 6 percent undecided. The race…
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Is global warming a real reason for concern? Sixth District Democratic congressional candidate Andy Schmookler doesn’t pretend to be an expert in climate science. He is smart enough to look at what those who are have to say. “There are people who have been told that the way science works is that we have essentially…
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The U.S. Department of the Treasury today released the president’s framework for reforming the U.S. business tax system, which would enhance American competitiveness by simplifying the tax code and eliminating dozens of tax loopholes and subsidies, incentivizing job creation and investment here at home and lowering the business rate while broadening the tax base. “In…
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Rhythm & blues Black History Program presented at SSC: Did you know that it wasn’t jazz, it wasn’t blues, and it wasn’t gospel that was the most popular form of music among African-American people in in the 1950s? You guessed it! It was rhythm and blues!
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Event at Master Lock, Milwaukee, Wisc., Wednesday, Feb. 15 THE PRESIDENT: Hello, Milwaukee! (Applause.) It is good to be back in the great state of Wisconsin. (Applause.) This is the closest I’ve been to home in a while. I was thinking about getting on the 90-94 and just driving down to my house. (Laughter.) Thank…
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U.S. Sens. Jim Webb (D-Va.), Mark Warner (D-Va.), Barbara Mikulski (D-Md.) and Ben Cardin (D-Md.) on Wednesday sent a joint letter to the Secretaries of Defense, Transportation and the NASA Administrator urging them to select the Virginia/Maryland region to host an Unmanned Aircraft Systems test range. The Senators pointed out that UAS design and testing…
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