El Paso Times from El Paso, Texas on October 17, 2004 · 59
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El Paso Times from El Paso, Texas · 59

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El Paso, Texas
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Sunday, October 17, 2004
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59
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f(p5JHgS Sunday. Oct 17, 2004 Business Editor Ed Shugert, 546-6352, eshugertelpasotimes.com www.elpasotimes.com Lnealthvoctober30,h CaffliaairSjL; Cieto Vista tMm Mall H Pasp Premier 1 0om-6pm Health Event Call 546-6241 tfmgS ask for Lupe Vilialva n-flr- elpasotimes.com Read job advice from CareerBuilder imPASO Prizes awarded for photos of Downtown The El Paso Central Business Association celebrated Downtown Friday with a reception for its inaugural Downtown Photography Contest. Winners in two categories were announced. Pancho Mangan won in the nonstudent category and was given a $300 prize. Jason Semnko took first in the student category and received a $500 scholarship. Other award winners: Luis Garcia, second place in non-student category, $200; Richard Palmer, third place, nonstudent, $100 gift certificate for dinner at the El Paso Club; Kelcie Rico, second place, student, $200 cash; and Robert Portillo, $100 gift certificate for dinner at Cafe Central. DaveBurge Fannie Mae expert: David Berson, vice president and chief economist for Fannie Mae, the nation's largest 5kf home mort gages, will speak to a luncheon audience at Jk"" " iJ attheCamino QVv 1J Real Hotel, BeTsorf " 101 S. El Paso. Berson is responsible for forecasting and analyzing the economy, interest rates and the mortgage and finance markets for Fannie Mae. Tickets for the luncheon cost $25 a person or $200 for a corporate table seating eight. Information: 533-2656. Times staff report , INALAMOGORDO X-Prize group founder to speak at induction Peter H. Diamandis, founder of the Ansari X-Prize Foundation, to encourage private efforts to explore space, will be in Alamogordo Saturday for the International Space Hall of Fame s annu- V I al induction ' cei f ... 1 ceremonies. v 'J Diamandis jT will be the jhT f featured V"5L I sneaker at the I SDeake induction IZ1 iJ dinner Diamandis AmonS . the, International Space Hall of Fame inductees is astronaut Susan J. Helms, who will attend the induction. Other inductees are Capt. William M. Shepherd, who spent 159 days in space on three shuttle flights; Mae Carol Jemison, the first African-American woman in space; William Hale (1797-1870), a rocket innovator; Carl Sagan (1934-1996), an astronomer, author and NASA consultant; Hipparchus (190-120 B.C.), considered one of the great astronomers of antiquity Alamogordo Daily News "ti Jl II "if t- lift ',Vr j ' i.i:i r . Family wants name stripped off nudie bar TV, n Laurent Rebourt Associated Press Alfred Red Cloud presented a letter demanding a name change to the manager of a Paris strip club. By Cecile Brlsson Associated Press PARIS Descendants of the native American warrior Crazy Horse want a change in the famed Paris strip club named after him. Alfred Red Cloud, a member of the Oglala Sioux tribe, delivered a letter Saturday to the operators of the Crazy Horse saloon asking them to change the club's name. "The name is a sacred name to our people. Nobody uses that name back home even our own people," Red Cloud told reporters outside the posh club near the Champs-ElysDees. Crazy Horse was an Oglala Sioux warrior who fought the U.S. military in the 1800s. "I'm not trying to close the establishment down. I just want the name changed," Red Cloud said. The Crazy Horse Paris opened in 1951 and is well-known for adult entertainment. The letter was from Harvey White Woman, a descendant of Crazy Horse and an executor of his estate. "I want the young people of my tribe to remember him as a strong leader and warrior and not some nightclub in Paris," the letter read. The letter did not threaten legal action, but Red Cloud said the warrior's relatives were prepared to do "whatever it takes" to get the name change. "Maybe with other chiefs, maybe attorneys." Jacques Asplanato, a club manager, got the letter but did not read it. He said he would pass on the letter to the club's operators. Red Cloud expressed concern that the club may demean women. "As I went into the place, the way it is set up, it exposes women," he said. "Women are sacred to us. They are the keepers of our generations to come." c raw-?- r s i -4 r Rudy Outiwrez El Paso Times Gloria MuAoz of Ei Paso reached for a vase while shopping for Hal- bill passed last week by Congress will allow Texas taxpayers who loween items at the Target store in Bassett Center on Thursday. A itemize to deduct sales taxes from their federal tax bills. El Pasoans who itemize could mm MILLIONS Savings could rouse Texas ; economy ' By Vic Kolenc El Paso Times El Pasoans and other Texans who itemize deductions on their federal income tax returns will be able to deduct sales taxes this year and next year under a bill recently , passed by Congress and expected to soon be signed into law by President Bush. Texas households that itemize federal tax deductions will save an estimated average of $408 a year in federal taxes from the new deduction, according to a report from Texas Comptroller Carole Keeton Strayhorn. About 2 million Texans, in- . eluding about 58,000 El Pasoans, could cash in on the new deduction, based on 2002 tax-return data from the Internal Revenue Service. The comptroller's office estimates total federal tax savings in Texas from the sales tax deductions to be $974 million a year. The office projects that this will give a small economic shot to the state, including creating 21,798 new jobs next year. A Congressional Research Service report estimated Texans could save more than $1 billion a year. El Pasoans would save about $24 million in federal taxes with the new deduction if the number of El Pasoans filing itemized tax returns is at the same level as the entire state (225 percent of total returns). Tom Fullerton, an economist at the University of Texas at El Paso, said the tax deductions would probably provide a Please see Millions 2E ElPaso taxes State and local sales taxes paid in El Paso in recent years: 2003: $355.4 million 2002: $347.5 million 2001: $336.4 million 2000: $336.3 million Source: Texas Comptroller'' Office. dpasotimes.com Link to the Texas Comptroller Web site EJYOUR FUTURE gajsr .o, Samsung's DVD DVD burner provides double-layer storage You can double your recording fun with Samsung's internal 16X DVD Rewritable Drive for PCs. The TS-H552B burner can record 8.5 gigabytes of data on one double-layer disc two times more than on a single-layer DVD and 12 times more than on a CD. The recorder works with discs using the DVDRecordable Rewritable formats and the competing DVD-RRW formats, so you don't have to worry about buying the "wrong" kind of disc. The drive also reduces noise when recording or reading at high speeds. Cost: $200. www.samsung.com Camera phone shows you who's calling and more LG Mobile Phones' L1400 camera phone doesn't just snap pictures. It also puts the pictures to work. When a friend calls, the phone s photo ID function will flash his mug on the internal and external color displays. The phone also can send text messages with photos and sounds. The flip-top model features voice-activated dialing and an address book with room for 255 contacts. Its built-in camera can capture pictures with a top resolution of 640-by-480 pixels and snap self-portraits when -closed. The phone, which operates on the Cingular Wireless L1400 Network, has a suggested camera retail price of $230. phone www.lgusa.com; www.cingularwireless.com WHATSNEW 6-in-l camera Concord Camera refers to its DVx as the "Swiss Army Knife of digital cameras," and for good reason. The six-in-one multifunctional digital video camera has a 230-degree rotating lens that can capture video in the MPEG-4 format. The pocket-size 3-ounce device also functions as a 2-megapixel digital still camera with a 1.5-inch LCD screen, an MP3 player, a digital voice recorder, a Secure Digital (SD) card reader and an LED flashlight. Available in white or gray, the DVx ships with a 32-megapixel SD card, a lithium-ion rechargeable battery, an AC adapter and earphones. It goes on sale in November for $200. www.concord-camera.com gf -"V d)oo Concord DVx camera Rhonda M. Abrams Vote to give small business a bigger voice This past week, I spent hours gathering the presidential candidates' positions on small-business issues. I did a lot of work but then hesitated to write a column. This election is so contentious that no matter what I say, I'm certain to offend some readers. So I posted President Bush and Sen. John Kerry's stands on small-business issues (taxes, regulation, health care, access to capital, etc.) on my Web site www.Planning Shop.com. But the thought of ignoring the election altogether gnawed at me. Everywhere I go, entrepreneurs have a lot in common, whether Republican, Democrat or independent. What do we care about? A strong economy so we'll have a chance to expand our businesses. Low interest rates so we can afford to borrow money to manage cash flow or finance growth. Reasonably priced health care. Lower gasoline prices so we don't spend a fortune just getting goods or people from one place to another. Good schools so our children have a future and our employees are competent. Safety, both in our neighborhoods and in our country. Fairness, so we can compete against both foreign companies and huge domestic corporations. Yet regardless of which party is in power, small business gets relatively little. Take, for example, the tax bill just passed by Congress, supported by members of both parties and expected to be signed by Bush. This bill provides a whopping $137 billion dollars in tax breaks, almost all going to big corporations. One provision reduces $44 million in tariffs on importing ceiling fans from China. The main beneficiary is Home Depot. Ask any small hardware store owner how this benefits his business. Now, compare this to the amounts for small-business programs: Manufacturing Extension Partnership, providing assistance to small domestic manufacturers: $39 million. Small Business Development Centers, providing help to entrepreneurs and returning $9 in tax dollars for every dollar spent: $89 million. SBA microloan programs, helping the smallest companies: $1.9 million. SBA 7a loan program, providing vital government guarantees for loans to small and medium-size businesses: $129 million. Veterans business development assistance: $2 millioa What can we, as entrepreneurs, do to change this? Here's where you can start: Vote. Not just for president, but for Congress, governor, state legislators and city council. You'll never have a voice if you don't vote. Vote for a balance of power. When both houses of Congress and the White House are controlled by one political party either one special interests get special treatment. Look beyond labels. Be cautious when you hear the term "pro-business." Insist on fiscal discipline. Every piece of legislation whether a new program or a new tax cut should be accompanied by a guaranteed source of financing: each program with a clear tax source, each tax cut with a clear program reduction. Don't allow politicians to allege that we'll "grow" our way out of debt. Small business now has no effective voice in Washington. If you want that to change, make your voice heard Nov. 2. Rhonda Abrams is the author of The Successful Business Plan: Secrets and Strategies." For free advice, register at www.Rhonda Online.com or whte to her at 555 Bryant St., No. 180, Palo Alto, CA 94301

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