NH OUTLOOK, Thursday, 3/8/2001
script iconPreshow script iconWorkplace Injuries
script iconHeadlines script iconReaders Digest
script iconCounty Taxes/Rye script iconInto Skijor
script iconIntro Property Tax script iconwebsite
script iconHouse ed funding script iconTomorrow
script iconSchool Bonds script iconGoodnight
script iconSpring flooding script iconfounders
script iconIntro Mt. Washington script iconMpromo
script iconIRA Rules script iconM2nite promo
script iconBusiness Outlook script iconTax bill
script iconWall Street Stocks script iconPROMO
script iconNH Stocks  


script iconPreshow
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Next on New Hampshire Outlook tonight.
A look at a new state property tax plan. that would eliminate the donor town concept.
Plus if you have an IRA or are thinking of putting your money in one, we have some important new rules you should know about.
And we'll take you to the mountains for a rare ski event with people and some four legged friends.
script iconHeadlines
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Good Evening. I'm Allison McNair. Welcome to New Hampshire Outlook. We begin tonight with a summary of today's news.
script iconCounty Taxes/Rye
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There may be a tax revolt brewing on the seacoast.
New Castle selectmen are considering not paying their county tax. The reason - they think its unfair.
State Representative Russell Cox, who represents Rye and New Castle, is urging wealthy Seacoast communities to withhold their taxes.
New Castle's selectmen took no formal action, but the chairman said they support the idea. The taxes are due in December. The county collects property taxes from each town based on the percentage of total property value in the county. Cox says that's unfair to New Castle, which completed a property revaluation last year that raised the total value of town real estate. He also says the county is spending too much.
script iconIntro Property Tax
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A bill now working its way through the legislature may mean the end of the fight over donor and receiver towns. Representative Frank Sapareto is proposing that New Hampshire residents pay the statewide property tax directly to the state, instead of to their municipality. Producer Richard Ager spoke to Representative Sapareto earlier today.
script iconHouse ed funding
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Property tax payers who would face higher taxes to cover a shortfall in school construction aid may get a break.
Today the New Hampshiree House voted to spend two million dollars to cover the
state's share of the costs this year. If the state doesn't appropriate enough money, construction aid is pro-rated. The estimate budgeted for this year was too low, making a supplemental appropriation necessary.The bill now goes to the Senate.

script iconSchool Bonds
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Voters in New Hampshire communities that have replaced traditional town and school meetings with official ballot voting are just as likely to approve bonds for major expenses. That's according to a study by the New Hampshire Center for Public Policy Studies. For four years, towns have been allowed to decide budgets with a debate-free day of voting at the polls instead of through open, public debate.
In 1998 and 1999, ballot-only towns were more likely to reject bonds. But the new study shows that official-ballot towns passed more school bonds last year than traditional-meeting towns.
Researchers credited the change to a law that lowered the threshold needed to approve bonds in official ballot towns from a two-thirds, or 66 percent, majority to a three-fifths, or 60 percent, majority.

script iconSpring flooding
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While some of us can't wait for spring - New Hampshire offiicals are hoping the season arrives slowly this year.
There is an abundance of snow all over the state.
As temperatures warm up, big chunks are falling on sidewalks and roadways.
While falling snow is a pedestrian hazard now, a spokesperson with the office of emergency management says if the snow melts too quickly - there could be flooding. Several days of 50 to 60 degree temperatures, coupled with rain, would create a torrent of runoff.
And while flooding in the north often occurs during spring run off, state Climatologist Barry Keim the deep snowcover makes more of the state vulnerable.
script iconIntro Mt. Washington
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A beautiful day for lots of us today.The calm before - do we even want to say it - the next storm.Weather Observer Julia Heemstra has a look at what we can expect tonight and tomorrow as well as current conditions on top of the rock pile.
script iconIRA Rules
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If you have an I-R-A, you may or may not be aware, that new I-R-A distribution rules take effect next year. Not knowing those new rules could mean creating a huge tax burden for your family. So we're going to talk about them here on Outlook and joining me to do so Brad French and Fred Forman. Brad is a Financial Planner from New England Advisory Group and 17-17 Capital Management. Fred is an Estate Planning Attorney from Forman and Bernier with offices in New Hamsphire, Maine and Massachusetts.
You probably have heard them both on the radio. They're the hosts of the New England radio talk show "Money Matters."
Thanks for being with us gentlemen.
script iconBusiness Outlook
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On wall street today, blue chip stocks marched higher, but technology shares lost ground.
The Nasdaq was unable to climb higher after yesterday's after market profit warning from Internet bellwether Yahoo!
script iconWall Street Stocks
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The Dow was up 128-point 65. The New York Stock Exchange was up 3-point-54. The American Stock Exchange was up over 2-points. The Nasdaq was down over 55 points. And the S&P 500 was up over 2.
CG:STOCKS\Dow Industrials\10858.25\+128.65\NYSE\639.25\+3.54\American Stock Exchange\933.24\+2.31\Nasdaq\2168.83\-55.09\S&P 500\1264.76\+2.87
script iconNH Stocks
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Here's a look at stocks of interest to New Hampshire.
Anheuser Busch and Chubb were up one and a quarter. While Oracle was DOWN one and a quarter. Sanmina Corp was down one and a half. And Verizon Communications was UP nearly one and a half.
CG:STOCKS\Anheuser Busch\44.25\+1.25\Chubb\72.95\+1.26\Oracle\17.38\-1.25\Sanmina Corp\33.13\-1.50\Verizon Communications\49.25\+1.49
script iconWorkplace Injuries
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Reverberation in New Hampshire tonight as a result of the US Congressional votes to repeal new workplace safety rules.
Several state unions say the rules could have prevented hundreds of thousands of injuries.
The legislation would have required businesses to adjust work stations and pay for some health care and medical leave for employees suffering from repetitive stress injuries.
New Hampshire's two senators and congressmen voted to repeal the rules.
Senator Judd Gregg said the rules would have created havoc in the workplace, cost employers billions of dollars and led tolayoffs and more expensive health insurance.
script iconReaders Digest
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New Hampshire and 30 other states have forced Reader's Digest to make dramatic changes in its sweepstakes mailings.
Attorney General Philip McLaughlin says the magazine's owner also will set up a fund of close to six million dollars to pay back states' legal fees and consumers in states hit by a high number of sweepstakes mailings in 1998, 99 or 2000. New Hampshire residents will be eligible for 41 thousand dollars in restitution. McLaughlin says a major point in the challenges was to force the magazine to make it clear that people don't have to buy anything to have a chance to win a sweepstakes, and that buying something doesn't give them a better shot.

script iconInto Skijor
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What do you get when you cross a cross country skier with a sled dog? Skijoring of course.
To find out all about this new dog powered sport, producer Scott Jones and Videographer Steve Giordani traveled to Thornton to see it first hand.
script iconwebsite
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For information on tonight's program, and links to our guests and interviews,
visit our web site at nhptv.o-r-g.
You can see and hear streaming video of our broadcasts and participate in our daily poll.
If you've got a story idea or comment on our program you can call us at 800-639-2721.
script iconTomorrow
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Tomorrow on New Hampshire Outlook -
Journalists from around the state will join me to talk about the week's top stories from the Blizzard of 01 to legislative bills on gambling and health insurance.
script iconGoodnight
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That's it for this edition of New Hampshire Outlook. For all of us here at New Hampshire Public Television, thanks for joining us.
Stay tuned for Andrew Lloyd Webber's 50th Birthday Celebration.
We'll be back tomorrow at 7:30.
Good night.
script iconfounders
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Thanks to our founding sponsors who have provided major funding for the production of New Hampshire Outlook:
New Hampshire Charitable Foundadtion
Public Service of New Hampshire
Alice J. Reen Charitable Trust
Putnam Foundation
Stratford Foundation
script iconMpromo
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Monday on New Hampshire Outlook.
Painting with paper.
The fine art of Kathy Moon. A new Hampshire Original.
Join us Monday at 7:30 only on New Hampshire Outlook.
script iconM2nite promo
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Tonight on New Hampshire Outlook.
Painting with paper.
The fine art of Kathy Moon. A new Hampshire Original.
Join us tonight at 7:30 only on New Hampshire Outlook.
script iconTax bill
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House approves huge tax cut bill
-- House Republicans have muscled through a
ten-year, 958 billion-dollar income tax cut.
The vote was 230-to-198 with only ten Democrats crossing over
and supporting the plan. No Republicans voted against it.
The plan, which is at the heart of President Bush's economic
plan, would cut taxes for all Americans who pay them.
Democrats argued the tax cut is too large and was approved
without the benefit of a budget blueprint.
But House Majority Leader Dick Armey said the cut is "the
least" lawmakers could do.
Earlier, the House defeated a Democratic alternative that called
for 586 billion dollars worth of tax cuts over ten years.
The bill now goes to the evenly-divided Senate, where its fate
is uncertain.
A pivotal bipartisan group of lawmakers has expressed concern
that the tax cut is too large.

%AP Links
script iconPROMO
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Tonight on New Hampshire Outlook.
Journalists from around the state will join me to talk about the week's top stories from the Blizzard of 01 to legislative bills on gambling and health insurance.
Join us tonight at 7:30 only on New Hampshire Outlook.
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