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Wednesday, February 18, 2009

Upcoming Events
Ribbon Cuttings/Grand Openings
 
 
Workshop - Strategic Selling to Large Corporations
Thursday, Feb. 12, 2009
1:00 p.m. - 3:00 p.m.
Laredo Development Found.
616 Leal Street
REGSTER ON LINE @ WWW.CSTMBC.ORG OR MAGGIE@CSTMBC.ORG
 
City of Laredo Health Department Ribbon Cutting
Friday, Feb. 20
 
Laredo Chamber of Commerce Board of Directors Meeting
Thursday, Feb. 26
12:00 noon
1937 E. Bustamante
 
Kool Smiles
(Mall Del Norte)
Ribbon Cutting
Monday, Mar. 2, 2009
5:00 p.m. 
 
Contact the Chamber
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Links to Your Elected Officials
 
 
 
Greetings!
It is with a heavy heart that I bid you farewell.  As some of you may already know, I have accepted the position of Assistant City Manager with the City of Del Rio.  I tendered my resignation on Monday(February 16, 2009) as the Vice President of Operations/Chief Operating Officer of the Laredo Chamber of Commerce.  I will assume my new post on Monday, March 2, 2009.
 
I have been blessed for over 8 years, having worked with such a great boss and mentor (Mr. Miguel Conchas) and a wonderful staff here at the Laredo Chamber of Commerce.  The Chamber is, and forever will be the voice of our business community.  I appreciate just having been a part of such a wonderful and professional organization.
 
In addition, I want to personally thank every Board member and Executive Board member that I have had the privilege of working with at the Laredo Chamber of Commerce.  Since my start in 1998 with Ms. Cynthia Mares, to our current Chairwoman Lupita R. Canales I have really enjoyed working with each and everyone one of you.
 
Also, a hearty thanks to the hundreds of volunteers I have enjoyed working over the years.  Having served on numerous committees over the years with a large number of volunteers from across our community made my work life a lot easier.
 
And to my United Way family, I will truly miss all of you.  You really are truly the driving force behind Laredo's giving heart.
 
Thank you to everyone.  I will still see many of you over the weekends as I will commute every weekend for a couple of months until our complete family relocates to Del Rio.
 
Again, thank you everyone.  I will miss you all, but I know in my heart that our paths will cross again.
 
Robert A. Eads
reads@sbcglobal.net
INLANDPORT MAGAZINE GONE DIGITAL

InlandPort Flip

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Laredo Chamber of Commerce's Award-Winning InalndPort magazine gone soley digital.  The latest edition can be viewed at www.InlandPortLaredo.com.  In the near future, you will be able to find passed issues as well.
 
So check out the InlandPort magazine online, where you will be able to flip through the pages, zoom in and out, print, crop and email articles, photos or entire pages.  It's pretty neat.  Check it out today at InlandPortLaredo.com
STIMULUS PACKAGE:  WHAT'S IN IT FOR YOUR BUSINESS

Following weeks of debate and negotiations in Washington, President Obama has signed a $787 billion economic stimulus plan that the U.S. Chamber says is urgently needed to improve the economy.

Even with monetary policy pushing interest rates down to zero percent and increasing balance sheets to more $1 trillion, the economy remains mired in its worst nose dive in 35 years, prompting the need for government spending and tax incentives to spur growth, says Bruce Josten, Chamber executive vice president of Government Affairs. "We need to boost consumer demand, increase investment, and get the private sector working. This bill, though not perfect, is big enough to significantly improve the economy."

By working with Congress, the Chamber was, in several instances, able to ensure the inclusion of business and taxpayer benefits, including

  • An extended net operating loss carryback period of five years for small businesses with annual receipts of $15 million or less.
  • Bonus depreciation that allows businesses of all sizes to immediately depreciate 50% of investments of certain business assets.
  • Increased small business expensing provisions that allow small businesses to immediately deduct up to $250,000 in equipment purchases rather than depreciate the cost over time.
  • A one-year delay, to 2012, of the 3% withholding tax on all government payments originally scheduled to go into effect in 2011.
  • Significant reductions in borrower and lender fees for the SBA's 7(a) and 504 loan programs and increased loan guarantee caps.
  • Deferred payment of taxes on certain income when debt is repurchased at less than face value.

Individual taxpayers also get breaks. The alternative minimum tax (AMT) was temporarily fixed to prevent 26 million additional taxpayers from having to pay the levy in 2009, new car buyers can deduct the sales tax on a new purchase, and the tax credit for first time homebuyers was increased to $8,000 and does not have to be repaid. In addition, for 2009 and 2010 there is a $400 payroll tax credit for individuals and an $800 credit for couples filing jointly.

Originally published 17 February 2009. Reprinted by permission, uschamber.com, February 2009.
Copyright© 2009 U.S. Chamber of Commerce - All Rights Reserved.

READ THE LATEST INLANDPORT MAGAZINE ONLINE TODAY!

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U.S. CHAMBER PRESIDENT/CEO COMMENTARY
DONOHUEBy Tom Donohue
President/CEO, U.S. Chamber of Commerce
February 17, 2009
 
 
 
HEALTH CARE DEMANDS AN OPEN, HONEST DEBATE

Our $2.2 trillion health care system represents 16% of our economy. While polls consistently find that health care is a top national concern, many Americans are increasingly frustrated that nothing is being done. The truth is there are many changes taking place under the radar, and not all of them are good.
 
In fact, one could argue that there is a concerted attempt to quietly, but inexorably, move things further down the road toward a government controlled system. Despite where you stand on reform, doesn't an issue of this magnitude require an open and honest debate so that the American people can decide?
 
Consider the following: In the midst of an economic crisis, Congress just approved a significant expansion of the Children's Health Insurance Program. No one objects to helping poor families find health care coverage for their children, but should we be expanding this program to include middle class families making up to $66,150 annually, many of whom already have private health coverage? And should we be doing this when we haven't enrolled all eligible poor children?
 
At the time of this writing, the details of the compromise stimulus bill remain unclear, but we do know that some members of Congress made a concerted effort to grow government's role in health care. There was an attempt to expand eligibility for both Medicaid and COBRA benefits, which would have imposed new costs on taxpayers and new burdens on businesses. Even if these new mandates fall short, there will still be an influx of new money into both initiatives.
 
It is troublesome that some of these provisions, which will have a far-reaching impact, were not the result of open dialogue. The public is also in the dark about one of the best-kept secrets in the country--the positive, affordable, proactive steps we can take right now to lower costs and improve care without resorting to a government-run program.
 
For example, implementing a national health care IT system is a step in the right direction. We should also emphasize wellness and chronic disease prevention; implement pay for performance standards that take medical providers to task for avoidable errors; and increase transparency about the price and quality of medical coverage and services, which would reintroduce positive market forces in health care.
 
The bottom line is that health care reform is serious business. With so much at stake, we need an inclusive national discussion. Otherwise, we'll never be able to build the consensus necessary to make a true reform effort successful ... and may end up with something far worse than what we already have.
 
Originally published 17 February 2009. Reprinted by permission, uschamber.com, February 2009.
Copyright© 2009 U.S. Chamber of Commerce - All Rights Reserved.

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BUSINESS TERM OF THE WEEK

COST CENTER:
Definition 1
Defined geographical area, machine, or person to whom direct and indirect costs are allocated.

Definition 2
Distinctly identifiable department, division, or unit of firm whose managers are responsible for its all associated costs and for ensuring adherence to its cost-budgets. Also called cost pool.
Source:  BusinessDictionary.com

The mission of the Laredo Chamber of Commerce is to provide vision and leadership to develop, encourage, promote and protect the business, tourism, industry and educational interests of the Laredo metropolitan area; to encourage the orderly development of resources, people, and infrastructure of the area: and to be a politically proactive force to ensure the success of the Laredo metropolitan area.


Robert Alexander Eads
Vice President of Operations/Chief Operations Officer
Laredo Chamber of Commerce
 

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