Altus Times (Altus, Okla.), Vol. 100, No. 122, Ed. 1 Wednesday, August 11, 1999 Page: 1 of 14
This newspaper is part of the collection entitled: Altus Times-Democrat and was provided to The Gateway to Oklahoma History by the Oklahoma Historical Society.
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Inside............6
Opinion......8
Liv
Business tax cuts
they’re still there
ALTUS Times photo by Michael Bush
Nocona’s boot factory set to close
Please see BRIEFS, page 2
Please see “BOOTS, page 2
Court rules UPS
owes $259 million
Wednesday, Aug. 11,1999
50c
WEATHER
Home of Lorry Michel Garmon
Altus, Oklahoma
Vol. 100, No. 122
www.altustimes.com
AROUND TOWN
PAUSE TO PRAY
WEATHER
€
Any junior or senior from
Eldorado, Duke, Blair,
Olustee, Navajo, or Granite
with a 3.0 grade point aver-
age and three teacher rec-
ommendations will be able
to participate in the Altus
High School year-long
teacher cadet seminar
and education through in-
teractive television.
$24 billion change in the ar-
cane world of international
taxes to allow U.S.-based
Altus Masonic Lodge
will meet at 7 p.m. today. A
fellowcraft degree will be
conferred.
Thursday:
sunny, high
near 105...
Donating blood
Ruth Jones (left) of Altus waits as Jennifer Jennings, a Red Cross volunteer, pre-
pares her to give blood Tuesday during the Red Cross blood drive. Jones was a first
time donor.
Free Adult Education
Classes begin Tuesday.
The classes will be held
from noon to 3 p.m. and
from 6 to 9 p.m. Tuesday
and Thursday at the Adult
Learning Center on North
Abby: questions on
racism defy black and
white answers...
pale compared to
individuals, but
..........O
Yipee Yi Yea, cowboys
days are just around the
corner...
Holthe says actual bad
employee evaluations
shared...
Please see TAXES, page 2
; doors
“We who are but crea-
tures of a day, cannot begin
to fathom the eternal God."
How true! We are pre-
sumptuous to think that we
can. The wise recognize
this and stand in awe of
almighty God as we at-
tempt, feebly, to walk in
your paths.
in back taxes
WASHINGTON (AP) — The United Parcel Service owes
millions of dollars in back federal taxes that the package
carrier avoided by creating a subsidiary located in Bermu-
da. a federal court has ruled.
The decision by the U.S. Tax Court held that Atlanta-
based UPS is liable for taxes, penalties and interest for de-
ductions it took related to the income of Overseas Partners
Ltd., now an independent company that provides “excess
value” insurance for certain packages.
The ruling directly covers penalties and interest on $67
million in taxes from 1983 and 1984, a total estimated at
$300 million. The company could owe some $259 million
more in taxes alone to the Internal Revenue Service for tax
years through 1990 and, because it has continued a similar
practice since then, could be liable for millions more.
UPS spokesman Norman Black said today that UPS be-
lieves it is complying with all laws and is likely to appeal the
ruling to the 11th U.S. Circuit Court of Appeals in Atlanta.
‘There are more than sufficient grounds for appeal,"
Black said.
The decision, however, marks a victory for the IRS in its
effort to stop practices by large companies to shield income
from taxes through creation of overseas subsidiaries that
have no real economic purpose.
Southwest Oklahoma
Community Action’s Head
Start Program has open-
ings for three year-olds
from low-income families
and children with diag-
nosed disabilities at the
new Lee Head Start Center,
201 S. Lee in Altus. The
child must be three years-
old by Sept. 1. Parents
need to bring the child's
birth certificate, immuniza-
tion record, medical card,
and proof of the family’s in-
come to apply. For more in-
formation, call the Head
Start office at 482-1919.
Sports__________
Wade Boggs
52 gets save as O's rout
'Rays, 17-1...
NOCONA Texas (AP) — After their Changing consumer tastes have viously Western is one fashion that’s Ropers, fell 16 percent from the previ-
dusty cattle drives, cowboys a century sapped the boot business so much either in or out." ous year, to 186.5 million pairs,
ago would often mosey into this north- that Justin Industries — which owns Cowboy boot sales have always Some of the country’s largest cow-
mass * * nirk nn a wait of the Nocona factory and one in Fort been cyclical. Popular in the early boy bootmakers have been switching
ern iCAaS own ano DICA up a pair . . •• • . r .
handcrafted boots — a cowboy’s best Worth — is closing both, putting about 1980s, thanks in part to the movie to boots with more of a work style,
, aa 260 people out of work. "Urban Cowboy," traditional 13-inch- such as the flatter-heeled ropers,
shooter "The Western and Western-influ- high dress boots haven’t fared as well
Boots made in Nocona became fa- enced products haven’t been in de- in the mid- to late ’90s.
Happy birthday wishes
to MARK GLENN, LORRY
GARMON, MERCEDES
GRAHAM, HERB BRAN-
NAN, JUSTIN SCALF, BO
JACKSON, KANDY MED-
LOCK, and MARIA
HAYES.
Tonight: Partly cloudy
with a 30 percent chance of
showers and thunder-
storms.
Wednesday: Partly
cloudy with a 30 percent
chance of showers and
thunderstorms.
High Monday: 96
Overnight low: 73
By CURT ANDERSON
AP Tax Writer
By KATIE FAIRBANK
AP Business Writer
WASHINGTON (AP) — They companies a new global way
pale in size compared with tax to calculate credits for inter-
cuts for individuals, but tax est expenses incurred while
relief items for businesses operating in foreign countries,
from railroads to arrowhead- General Motors Corp, led the
makers were tucked into the lobbying effort for that.
$792 billion package Republi- Some are simple and much
cans pushed through Con- smaller: A provision with neg-
gress ligible cost inserted by Rep.
Roughly $72 billion of the Dave Camp, a Republican
total cuts over 10 years would whose Michigan district is
benefit businesses directly, prime hunting territory,
and many stand a good would allow makers of spe-
chance of eventually becom- cialty big-game arrowheads to
ing law even if President Clin- pay a lower excise tax because
ton vetoes this version of the they would no longer be de-
bill as he has promised, fined as essential compo-
"Once you’ve gotten into nents of standard arrows.
the bill, you can go back up to For business lobbyists, the
the Hill and say: This is non- changes merely rectify unfair
controversial because it’s or onerous portions of the tax
been passed by either the code, even if they benefit pri-
House or Senate.’ You've got- marily single industries or
ten a foot in the water," said just one company. It redress-
Evan Liddiard, a partner at es many inequities of the cur-
the KPMG accounting firm’s rent tax law that needlessly
national tax office. restrict small business
Some of the breaks are big
and complicated, such as
0004596-01/02/00 **
OKLAHOMA HISTORICAL
SOCIETY ,105
OKLAHOMA CITY OK .....-
mous, as much for their history as for mand,” said David McGrady, general Justin Industries said its 1997
their high-grade leather and stacked manager of the Nocona factory, footwear sales, including brands such
heels that fit in a stirrup. “Everything is fashion-driven and ob- as Nocona, Tony Lama and Justin
Teen’s adoptive father charged in death
DURANT (AP) — Roy Wal- for the Oklahoma State Bu- The teen-ager was shot
lace Hunter has been charged reau of investigation, said the once in the head.
with first-degree murder in teen-ager was shot and killed Hunter, 70, is the teen-
the shooting death of his Monday night following an ar- ager’s biological grandfather,
adopted son, 16-year-old Roy gument between him and the He adopted the boy when he
Wallace Hunter 11. elder Hunter at their home was 3, Ms. Koch said.
Kym Koch, a spokeswoman northeast of Bennington.
New Jersey court upholds
death penalty for Megan’s killer
TRENTON, N.J. (AP) — The state Supreme lived across the street from him in quiet
Court affirmed today the murder conviction of Hamilton Township, had no idea of his past.
Jesse Timmendequas and his death sentence He was convicted of luring the girl into his
for the 1994 rapeand slaying of 7-year-old home, raping and strangling her and dumping
Megan Kan a. her body in a nearby park. Megan’s mother,
The court in a 4-3 ruling rejected arguments Maureen Kanka, has become a national advo-
by defense attorneys that Timmendequas’ cate for tougher sex-offender laws.
1997 trial in Mercer County was tainted by lo- Timmendequas’ lawyers argued that be-
cal publicity since It was only a few miles from cause the case was so widely known, it is like-
the murder scene. ly the jury _ which was bused (n from neigh-
The murder prompted a state and national boring Hunterdon County — was aware of his
movement to enact “Megan's Laws” to keep prior convictions. Information about prior of-
track of convicted sex offenders after their re- fenses is usually not permitted at criminal tri-
lease from prison and to provide community als because it could prejudice the Jury,
notifications on the whereabouts of the most. .. her .
. Timmendequas is now entitled to two more
angerous ones. appeals to check the verdict for fairness as
Timmendequas had been convicted twice of compared with other cases and to seek a new
serious sex crimes but the Kanka family, who trial.
Navajo Livestock
Booster Club will meet 8
p.m. today at the school.
Membership drives,
fundraisers, and pay premi-
ums will be discussed.
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Bush, Michael. Altus Times (Altus, Okla.), Vol. 100, No. 122, Ed. 1 Wednesday, August 11, 1999, newspaper, August 11, 1999; Altus, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc2186610/m1/1/?q=%22%22~1: accessed July 16, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.