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Bill Owens (Colorado Politician)
William Forrester Owens (born October 22, 1950) is an American former politician who served as the 40th Governor of Colorado from 1999 to 2007. A member of the Republican Party, he was re-elected in 2002 by the largest majority in state history, after making transportation, education and tax cuts the focus of his governorship. , he is the most recent Republican to serve as Governor of Colorado. Early life Owens was born in Fort Worth, Texas, where he graduated from Paschal High School. While a sophomore in high school, Owens was appointed a Page in the U.S. House of Representatives by Congressman (and later, Speaker of the House) Jim Wright. Owens was assigned by the Doorkeeper of the House to the Republican cloakroom, where he worked for notable Republicans who were serving in the House then such as George H. W. Bush, Gerald Ford and Bob Dole. He attended Stephen F. Austin State University where he served as vice president and president of the student body. While at ...
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Governor Of Colorado
The governor of Colorado is the head of government of the U.S. state of Colorado. The governor is the head of the executive branch of Colorado's state government and is charged with enforcing state laws. The governor has the power to either approve or veto bills passed by the Colorado General Assembly, to convene the legislature, and to grant pardons, except in cases of treason or impeachment. The governor is also the commander-in-chief of the state's military forces. Seven people served as governor of Colorado Territory over eight terms, appointed by the president of the United States. Since statehood, there have been 38 governors, serving 43 distinct terms. One governor Alva Adams served three non-consecutive terms, while John Long Routt, James Hamilton Peabody, and Edwin C. Johnson each served during two non-consecutive periods. The longest-serving governors were Richard "Dick" Lamm (1975–1987) and Roy Romer (1987–1999), who each served 12 years over three terms. The ...
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George H
George may refer to: People * George (given name) * George (surname) * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Washington, First President of the United States * George W. Bush, 43rd President of the United States * George H. W. Bush, 41st President of the United States * George V, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1910-1936 * George VI, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1936-1952 * Prince George of Wales * George Papagheorghe also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George Harrison, an English musician and singer-songwriter Places South Africa * George, Western Cape ** George Airport United States * George, Iowa * George, Missouri * George, Washington * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Characters * George (Peppa Pig), a 2-year-old ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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Marriage Penalty
The marriage penalty in the United States refers to the higher taxes required from some married couples with both partners earning income that would not be required by two otherwise identical single people with exactly the same incomes. There is also a marriage bonus that applies in other cases. Multiple factors are involved, but in general, in the current U.S. system, single-income married couples usually benefit from filing as a married couple (similar to so-called income splitting), while dual-income married couples are often penalized. The percentage of couples affected has varied over the years, depending on shifts in tax rates. Progressive taxation rates combined with income splitting ''NOTE: New US tax code passed into law in 2017 codified new marginal tax rates and brackets for those filing as single or as married filing jointly, among many other changes. Those new tax brackets substantially eliminated much of the "marriage penalty" discussed below. There is still some pena ...
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Capital Gains Tax
A capital gains tax (CGT) is the tax on profits realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, Bond (finance), bonds, precious metals, real estate, and property. Not all countries impose a capital gains tax and most have different rates of taxation for individuals versus corporations. Countries that do not impose a capital gains tax include Bahrain, Barbados, Belize, Cayman Islands, Isle of Man, Jamaica, New Zealand, Sri Lanka, Singapore, and others. In some countries, such as New Zealand and Singapore, professional traders and those who trade frequently are taxed on such profits as a business income. In Sweden, the Investment Savings Account (ISK – ''Investeringssparkonto'') was introduced in 2012 in response to a decision by Parliament to stimulate saving in funds and equities. There is no tax on capital gains in ISKs; instead, the saver pays an annual standard low rate of tax. Fund savers nowadays mainly ch ...
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Income Taxes
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income. The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the first $10,000 of income taxed at 0%, the next $10,000 taxed at 1%, etc.). Most jurisdictions exempt local charitable organizations from tax. Income from investments may be taxed at different (generally lower) rates than other types of income. Credits of various sorts may be allowed that reduce tax. Some jurisdicti ...
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Sales Taxes
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax, such as food, education, and medicines. A value-added tax (VAT) collected on goods and services is related to a sales tax. See Comparison with sales tax for key differences. Types Conventional or retail sales tax is levied on the sale of a good to its final end-user and is charged every time that item is sold retail. Sales to businesses that later resell the goods are not charged the tax. A purchaser who is not an end-user is usually issued a "resale certificate" by the taxing authority and required to provide the certificate (or its ID number) to a seller at the point of purchase, al ...
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Education In The United States
Education in the United States is provided in public and private schools and by individuals through homeschooling. State governments set overall educational standards, often mandate standardized tests for K–12 public school systems and supervise, usually through a board of regents, state colleges, and universities. The bulk of the $1.3 trillion in funding comes from state and local governments, with federal funding accounting for about $260 billion in 2021 compared to around $200 billion in past years. Private schools are free to determine their own curriculum and staffing policies, with voluntary accreditation available through independent regional accreditation authorities, although some state regulation can apply. In 2013, about 87% of school-age children (those below higher education) attended state-funded public schools, about 10% attended tuition and foundation-funded private schools, and roughly 3% were home-schooled. By state law, education is compulsory over an ...
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Roads
A road is a linear way for the conveyance of traffic that mostly has an improved surface for use by vehicles (motorized and non-motorized) and pedestrians. Unlike streets, the main function of roads is transportation. There are many types of roads, including parkways, avenues, controlled-access highways (freeways, motorways, and expressways), tollways, interstates, highways, thoroughfares, and local roads. The primary features of roads include lanes, sidewalks (pavement), roadways (carriageways), medians, shoulders, verges, bike paths (cycle paths), and shared-use paths. Definitions Historically many roads were simply recognizable routes without any formal construction or some maintenance. The Organization for Economic Co-operation and Development (OECD) defines a road as "a line of communication (travelled way) using a stabilized base other than rails or air strips open to public traffic, primarily for the use of road motor vehicles running on their own wheels", which ...
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Supply-side Economics
Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties: #Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity (output per worker). Encouraging globalized free trade via containerization is a major recent example. #Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies. #Investments in new capit ...
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Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ...
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Aurora, Colorado
Aurora (, ) is a List of municipalities in Colorado#Home rule municipality, home rule municipality located in Arapahoe County, Colorado, Arapahoe, Adams County, Colorado, Adams, and Douglas County, Colorado, Douglas List of counties in Colorado, counties, Colorado, United States. The city's population was 386,261 at the 2020 United States Census with 336,035 residing in Arapahoe County, 47,720 residing in Adams County, and 2,506 residing in Douglas County. Aurora is the Colorado municipalities, third most populous city in the State of Colorado and the List of United States cities by population, 51st most populous city in the United States. Aurora is a principal city of the Denver metropolitan area, Denver–Aurora–Lakewood Metropolitan Statistical Area (MSA) and a major city of the Front Range Urban Corridor. History Before European settlement, the land that now makes up Aurora was the territory of the Arapaho, Cheyenne, Núu-agha-tʉvʉ-pʉ̱ (Ute), and Očeti Šakówiŋ (Si ...
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