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c^ -.A" WILS 08/L®' ' M L1B8HRV N C COLLECTION DURHAM, NORTH CAROLINA - SATURDAY, MARCH 8, 2014 TELEPHONE (919) 682-2913 PRICE: 30 VOLUME 93 - NUMBERS Some 'Government Workers’ Earning Private Sector CEO Wages By Jazelle Hunt NNPA Washington Correspondent WASHING ION (NNPA) - I he CL.Os of some private firms that have taken over government functions are earn ing as much as $8 million a year, according to a new report titled. "Exposed: America’s I lighest Paid Government Workers." Ihe report, published by the Center for Media and Democracy (CMD). said American taxpavers have paid nearly $120 million in personal compensation to a handful of corporate CTOs running the nation’s public services. For example. George Zoley. dubbed the "highest paid corrections officer." is the CTO of The GliO Group. Inc., an international detention/corrections firm headquartered in Florida. It owns nearlv 50 adult and juvenile facilities in the United States. Most are in the south and southwest, with six in southern C alifornia, six in Florida, and II in Texas. "Since its founding nearlv 30 years ago. GEO Group profited from federal and stale policies that led to a dra matic rise in incarceration and detention in the United States - an increase of more than 500 percent durinu the past three decades." the report states. "In recent y cars, vv ith crime rates dropping and sentencing reform spreading. GIO Group found a new way to keep its profits high: many ol its contracts contain bed guarantees or lock up quotas' that require the state keep prisons full, and put taxpayers on the hook for emptv beds." (Continued On Page 2) The NCCU Eagles men’s basketbail team beat Savannah State 64-57 in overtime March 3 at McDougald- McLendon Gymnasium. The Eagles clinched the regular-season championship in the Mid-Eastern Athletic Conference. NCCU rejoined the MEAC in 2011. (Photo Courtesy NCCU Eagle Pride Website) Ferdinand Vincent “Pete” Allison Ferdinand V. “Pete” Allison Dies at 91 I erdinand Vincent "Pete" Allison" died Monday. March 3. after vice lining health. Allison was president and (It) of Mutual Communitv Savings Bank. I Ie was active in the communitv as long- time chairman of the Durham Committee on the Affair ol Black People. In October 2013. he was inducted into the North Caro lina Banking Hall ol I amc. Services will be held Sat.. March 8 at White Rock Baptist Church. 3400 I ay ellev ille St. .A visitation will he h e I d I ro 111 12 n o o n t o I p. n 1. w i t h t h e m e m o r i a I s c r v i c e beginning at I p.m. A public viewing will be held I ri.. March 7. from I to 5:30 p.m. al Burl hey I uncial Service. 1510 lav ellev ille St.. A wake will he held at W File Rock from 7 to 0 p.m. He is survived by his w ife. 1 )r. 1 . I av onia Allison: two children. 1 . Vincent \ 11 i s o 11. Ill and K. M i e 11 e 11 e . \ 11 i s o 11 - Davis: and four grandchildren. Christopher Vincent .\I- lison. Bryan Mikell \llison. Curtis I.. Dav is Jr. and Me lissa.\. Davis. Tyler Perry: People Don’t Understand Big Money Lobbying Protects Big Tax Havens By Jesse L. Jackson, Sr. NNPA Columnist Eighteen American multinationals - companies such as Nike. Microsoft and Apple - have used tax havens abroad to avoid what Citizens tor lax Justice (.C I .I) estimates as $92 billion in federal taxes. I his nonce that could be used to provide universal pre-school lor America’s children. C I .I also found 235 companies reported last vear more than $1.3 trillion stashed abroad to avoid paying the taxes that domestic companies must pay. A Senate hearing showed how Apple used Ireland as its favorite tax haven, developing what Sen. Carl Levin (D- Mich.) called "the Holy Grail ot tax avoidance." creating "offshore tax entities - while claiming to be a lax resident nowhere." This outrage is not illegal. In a dodge known as "deferral." the tax laws allow companies to forego paying taxes on money earned (or reported as earned abroad) until the company brings the money back to the 1 nited States. Can anything better highlight how the rules are rigged.’ This perverse loophole gives companies a very bin incen tive to ship jobs or report profits abroad. Through transfer pricing, multinationals can easily game the sv stem to report their profits in low tax countries abroad, even vv bile the bulk of their sales are in the U.S. I bis, in part, is how (iener.il Electric can make millions in profits and pay nothing in taxes. But that isn’t the end of the perversity. As companies park more and more cash abroad, thev then pav more in lob bying and campaign contributions to persuade Congress to give them a deep lax break ifthey bring the money home in what they call - a lax repatriation holiday." (Continued On Page 2) Our Brand Of Humor' Bv Shamika Sanders Special to the NNPA from the Atlanta Daily World Isler Perry has been a pivotal figure in Black cinema since he first debuted his spit-lire character Madea to the time he created Tv ler Perrv Studios and later partnered with Oprah's network OW N lo establish his dominance in television. W bile his achievements may be overlooked bv W bile-washed award shows, he linds support at the NAAUP Image Awards. ly ler attended the 45th annua! NAAC P Image Awards at the Pasadena Civic Center in Pasadena. California re cently and revcaled lo us what differentiates the Image . \w a rds from ev cry other aw ard show. "It’s just about the celebration of w ho we are which is so important." he said. "I think that there are a lot of times people don’t understand our brand ofhumor. our brahcEWT celebration, our brand of who we are and it’s really awe some lo be able lo do that.” W ith Stev ie Wonder at the helms of a musical gates; lo Nelson Mandela and " I he Buller" and "I ruitvale Sta tion." finally receiving the recognition it deserved, we asked lyler what moment he was anticipating the most he responded. "I’m just surprised all the way around so I’m looking forward to all of it. I think it’s going to in. fun."
The Carolina Times (Durham, N.C.)
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March 8, 2014, edition 1
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