Biden tax rule would take billions from biggest fortunes at death

first_imgWomen most interested in social and environmental factors of ESG 2 Under current rules, whoever inherits the Amazon shares Bezos bought in 1994 for $10,000, which are worth $180 billion today, will receive a so-called step-up in basis, wiping out any capital gains tax liability. Biden’s plan would close that loophole and apply the top capital gains tax immediately when assets transfer to wealthy heirs. If the rate increases — it’s 20% for holdings like Bezos’s, and Biden has called for boosting it to 39.6% — the eventual tax bill would too.For Bill and Melinda Gates, who announced Monday that they would be divorcing, a change in the step-up rule might be less costly. The Gates fortune, valued at $145.8 billion, is older, and they’ve already sold or donated much of their stake in Microsoft Corp. But $26 billion of Microsoft shares remain, and it isn’t clear how the couple will manage their assets in a split.Congress estimates that stepping up the tax basis of inherited assets costs the government about $43 billion a year. Ending that practice and raising the rate would amount to the biggest curb on dynastic wealth in decades, altering an American economic landscape dominated by a few wealthy families. An Amazon spokesman didn’t respond to emailed questions about Bezos’s shares.The step-up rule allows investors to pass on assets to heirs virtually tax-free, raising the taxable value of a property to its fair market value at the time it is inherited. A beneficiary who inherits a house worth $1 million that had been purchased for $100,000 two decades earlier would have no capital gains. If she later sells for $1.5 million, she only pays tax on $500,000. The rule also applies to Amazon shares, which have risen more than 200,000% since a 1997 public offering, as well as other appreciated assets.The Joint Committee on Taxation, a nonpartisan arm of Congress, estimates that untaxed capital gains on inherited assets run into the hundreds of billions of dollars a year. About half of unrealized gains belong to the wealthiest 1%, according to an analysis of data in the Federal Reserve Board’s Survey of Consumer Finances. And unrealized and accrued capital gains account for about 40% of the wealth of the top 1%, the Fed data show. 1 House committee poised to advance SECURE 2.0 retirement savings bill The plan has been cheered by progressives, who have long called for an end to the preferential treatment given to capital gains. Frank Clemente, executive director of Americans for Tax Fairness, an advocacy group allied with labor unions, said the gap between taxes on labor and capital is fundamentally unfair and the administration’s plan simply seeks to “tax wealth like work.”A version of Biden’s plan was floated by President Barack Obama in 2015, but it died in a Republican-controlled Congress.Any substantial change to the step-up rule could upend financial planning for America’s richest families, including the techniques they use to avoid incurring capital gains for decades.“To the extent to which there is ability to work around the policy, that’s in large part a policy choice,” said Chye-Ching Huang, executive director of the Tax Law Center at New York University School of Law. “There are ways to draft and implement it so it doesn’t allow for large, inefficient tax shelters.”Currently, wealthy people who need cash can take out loans using stock as collateral, rather than selling shares, which would trigger a tax bill. The technique allows billionaires to fund their lifestyles, then pass their assets to their heirs without ever realizing capital gains.Larry Ellison, the founder of Oracle Corp. who purchased Hawaii’s sixth-largest island in 2012, had $17.5 billion of stock pledged to such loans as of September, figures in a company disclosure show. The strategy has also been used by Elon Musk, the world’s second-richest person, and Sumner Redstone, the former chairman of Viacom Inc. who died in August. If the step-up rule changes, capital gains taxes on the assets of these billionaires would be triggered by death.When Apple Inc. co-founder Steve Jobs died in 2011, his $10 billion fortune was relatively paltry compared with today’s tech billionaires. But a step-up in basis proved valuable nonetheless.Jobs’ biggest holding was in Walt Disney Co., which gave him shares in connection with its 2006 purchase of Pixar, the animation studio Jobs had bought from filmmaker George Lucas two decades earlier. By the time Jobs died, his Disney shares were worth $4.5 billion, and his shares of Apple, stemming from a 2003 stock grant, were worth about $2.1 billion.Between the two holdings, there were at least $5 billion of untaxed capital gains at the time of his death, meaning the step-up in basis could have saved his family more than $750 million in taxes, a review of corporate filings shows. Jobs’ fortune passed to his wife Laurene Powell Jobs, whose wealth has since swelled to $22 billion, making her the world’s 80th richest person, according to the Bloomberg Billionaires Index.A spokesperson for Laurene Powell Jobs, who would have inherited any Apple shares at a stepped-up price, didn’t respond to a request for comment.The nation’s wealthiest families have spent millions of dollars lobbying Congress in recent years to blunt attempts to increase taxes on inherited wealth, and those efforts have often paid off.Members of the Mars family, who built an empire on candy and pet care, helped lead the fight against the estate tax during George W. Bush’s presidency and have lobbied against efforts to increase taxes on inherited wealth since, according to congressional records.When Forrest Mars Jr. died in 2016, he left his heirs a fortune worth more than $25 billion. Today, six family members are among the world’s 500 richest people, according to the Bloomberg index, sharing a combined fortune of more than $130 billion. A spokesperson for the Mars family declined to comment.[More: Political reality is likely to curb, not stop, Biden’s proposed tax increases]Administration officials say retaining the step-up rule would undermine the effort to raise more revenue from the wealthy through higher taxes on investment income.An estimate released by the Penn Wharton Budget Model, a nonpartisan fiscal policy research group at the University of Pennsylvania’s Wharton Business School, last week found that raising the top capital gains rate to 39.6% would raise $113 billion in new revenue over the next decade — but only if the step-up in basis is severely restricted. If the policy remains unchanged, raising the capital gains rate would motivate more wealthy people to avoid selling assets before their deaths, costing the Treasury $33 billion in lost revenue over 10 years, the study found.Another study published in January by the National Bureau of Economic Research says an increase in the top capital gains rate could generate more revenue than Congress estimates because asset owners have less flexibility on when to realize gains. Eliminating the step-up in basis would further decrease flexibility, the study said.“You’re telling me that if I effectively doubled the rate and make death a realization event that you’re not going to get much money from it?” said Owen Zidar, a professor of economics and public policy at Princeton University and one of the study’s authors. “I find that hard to believe.”But even if Biden’s plan is adopted, tax lawyers and accountants will likely find ways to increase flexibility by using charitable donations and novel estate planning strategies.“The story of taxing rich people throughout history is that they will always find ways to sidestep taxes,” said John Ricco, author of the Wharton study. “This will certainly narrow the avoidance opportunities –- perhaps not as much as the proponents of the Biden proposal hope, but it will have some bite to it.”[More: Biden tax proposal draws ire from financial advisers] InvestCloud to acquire Advicent and NaviPlan planning software Republicans and some business organizations have criticized the Biden proposal. A study by Ernst & Young commissioned by the Family Business Estate Tax Coalition predicted that eliminating the step-up rule could cost tens of thousands of jobs a year and cut $10 billion from annual gross domestic product.Opponents of the plan say the burden would largely be avoided by the ultra-wealthy, who can afford sophisticated estate planning, and fall instead on small businesses and family farms, which might have to be sold to pay tax bills.“Repealing step-up could have a dramatic impact on small manufacturers across the country, potentially requiring families to liquidate businesses, leverage assets, or lay off employees to cover the tax hit,” said Chris Netram, vice president of tax and domestic economic policy at the National Association of Manufacturers, which supported President Donald Trump’s 2017 tax cuts.Biden’s plan addressed some of those concerns by sparing the first $1 million in inherited appreciated assets from capital gains taxes and by exempting family farms and small businesses in cases where heirs continue to operate them. 3 5 Why Tony Robbins, tax shelters and financial advisers don’t mix For reprint and licensing requests for this article, click here,MOST READ The step-up rule has been criticized as a government-subsidized engine for amassing dynastic fortunes and a cause for widening economic inequality. Even some prominent estate planners say the provision — enacted a century ago to avoid double taxation at a time when the estate tax had few exemptions — has outlived that original purpose.Billionaires’ lawyers have developed sophisticated strategies to avoid the estate tax, making the step-up allowance an unalloyed boon. “It’s an enormous loophole,” said Jonathan Blattmachr, a trusts and estates lawyer and senior adviser at Pioneer Wealth Partners, a financial advisory firm for high-net-worth clients and family offices. Newsletters The Gates divorce: Lessons for financial advisers House panel unanimously passes SECURE 2.0 Jeff Bezos has an ex-wife, a girlfriend, four children and billions of reasons to watch whether Joe Biden’s tax overhaul wins congressional approval. The Amazon.com Inc. founder’s heirs may have to pay more than $36 billion if the president succeeds in closing a loophole that helps the rich transfer their fortunes tax-free at death. 4 Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team.last_img read more

GCL-Poly brings 160 MW PV power plants online in China

first_imgGCL-Poly brings 160 MW PV power plants online in ChinaExploiting China’s sun-rich northern regions, PV developer GCL-Poly has completed two solar plants with a combined capacity of 160 MW in the arid Tengger Desert and Datong. January 7, 2014 Edgar Meza Manufacturing Markets Markets & Policy Share GCL-Poly Energy Holdings Limited last week connected two PV power plants with a combined capacity of 160 MW to the grid in northern China.Built and operated by GCL-Poly’s 51% subsidiary, Ningxia Qingyang New Energy Co., Ltd., the 100 MW GCL Ningxia Qingyang PV power plant was hooked up to the grid and has begun operation in in the Tengger Desert, located in China’s northwestern Ningxia region.The plant covers an area of approximately 3,450 mu (2.3 square kilomters) with an average on-grid electricity of 150 million KWh a year.Boasting ample solar irradiance, the availability of solar energy in Ningxia region ranked third across the nation only after Lhasa and Hohhot.GCL-Poly said the power plant could save some 53,000 tons of standard coal and reduce the emission of greenhouse gas including carbon dioxide by approximately 130,000 tons a year.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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Michael Fuhs 7 April 2021 pv-magazine.com Something is brewing in the financial world. “Sustainable finance” and the growth of ESG funds have been taking the mark… Dynamics driving insurance costs pv magazine 7 April 2021 pv-magazine.com While utility-scale solar assets are surging in popularity with investors, there are a number of emerging challenges tha… 10 GW is just the beginning Blake Matich 7 April 2021 pv-magazine.com Giant PV and wind projects are taking shape in Australia’s north, with the aim of supplying Asia with the clean energy i… Unchained: political moves shift solar supply David Wagman 7 April 2021 pv-magazine.com PV module supply chains to the U.S. industry are in flux, and not for the first time. Moves to take action alongside sti… PV feed in, certified pv magazine 7 April 2021 pv-magazine.com As more renewable energy capacity is built, commissioned, and connected, grid stability concerns are driving rapid regulatory changes. Strong growth ahead for storage pv magazine 7 April 2021 pv-magazine.com Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, des… iAbout these recommendationslast_img read more

Role Of Makeup In The Modern World

first_imgIn the current lifestyle, makeup has become essential. It is necessary to feel comfortable in your natural look but makeup can and does give extra lift to self-confidence. Celebrities have to rely on makeup to maintain their youthful and energetic looks whether it is day or night. There are some clever inventions in makeup that have revolutionized the art and fashion industry. For example, concealers are excellent for covering dark circles, age spots, and small blemishes on the skin. For example, some beauty products are specifically to cover scars and cuts, creating even tan and safeguard skin from camera flashes and lens glare which make sure every picture comes out perfect.Apart from maintaining looks, there an entire art industry around utilizing makeup as a tool to create amazing art in form of body paint in movies, stage dramas, and dance. It is also a great way to explore cultural diversity and global art. This kind of makeup artist has been used for many good movements around the world too. Today makeup products are available for all skin tones and the focus has been shifting on looking natural. In a true sense, the makeup industry does have the power to unite people globally and develop a truly inclusive community. The core ideology behind makeup should always be about personal care and morale-boosting. It should bring out a positive vibe and enhance your personality. Make-up or cosmetics are generally used to augment your look. It is not something that was invented in the 21st century. In fact, we have thousands of years of history of people using makeup for several purposes. However, in the modern world, the role of makeup is just more than getting ready for ceremonies or festivals and it is something unbound by the boundaries of gender too. It is not just women who use makeup but men also do it on regular basis.In modern times, makeup has become as essential as any other daily routine. People use makeup for a variety of reasons and the most common one is to highlight their beauty features. There are tons of makeup and cosmetic products available for us, such as lipsticks, powder, concealer, body shimmers, etc. Another unique aspect of makeup in the modern world is that it is constantly changing with social media trends and celebrity fashion. For example, you can change your hairstyle within few minutes with hair gel, hairspray, and hair colours.last_img read more

Mississippi deputy shot in head after high-speed chase

first_imgiStock(CANTON, Miss.) — A deputy in Canton, Mississippi, was fighting for his life Thursday after being shot in the head following a high-speed chase.The incident started after police received a call around 7:15 a.m. that a man had been abducted and tied up in a home in northeast Madison County, the local Sheriff Randy Tucker said during a press conference.When deputies arrived, Tucker said the suspect fled at high speed in a vehicle, and officers followed. After the suspect crashed, that’s when he allegedly opened fire on pursuing deputies. The sheriff said officers returned fire and struck the suspect.“There were injuries to officers and the suspect,” Tucker said Thursday.At this time, Tucker said they are not releasing the names of those shot.Without identifying the victims or taking questions, Alan Jones, a doctor and the chairman of the Department of Emergency Medicine at the University of Mississippi Medical Center said they received a patient with a gunshot wound and was stabilized, and talking, upon arrival.“Subsequently he has been admitted to the intensive care unit in critical condition and will require some additional surgeries to help with his condition,” Jones said.Authorities said they would update the condition of the officer later on Thursday.District Attorney John Bramlett said the investigation into the incident was in the hands of the Mississippi Bureau of Investigation.“This is an example of what law enforcement officers in this country face every day,” Mississippi Public Safety Commissioner Marshall Fisher said during the press conference. “This is a tough day for all law enforcement.”Copyright © 2019, ABC Radio. All rights reserved.last_img read more

PIXIES TO RELEASE ‘INDIE CINDY’ IN LATE APRIL

first_imgAlt rockers The Pixes have officially announced the details of their forthcoming studio album, ‘Indie Cindy,’ the band’s first release since 1991’s Trompe le Monde.Available via the band’s own independent label, Pixiesmusic, the new record is a compilation of recent EPs.Produced by Gil Norton (who was also behind Doolittle, Bossanova and Trompe Le Monde) the recording features Black Francis, Joey Santiago and David Lovering as well as bassist “Ding,” also known as Simon Archer. Not on the record are former bassists for the band Kim Deal and Kim Shattuck. Their current touring bassist—Pax Lenchantin—won’t be featured on the new release either.Indie Cindy will be released on April 29th in a variety of forms. A limited number—5,000 to be exact—of deluxe editions featuring a 13 live track album Live in the USA , recorded on the band’s recent tour, will also be available via their website.Along with the announcement of Indie Cindy came a video for “Snakes,” one of the tracks off the new album:-Sarah Compo (@sarahcompo)last_img read more

NDAA partners with schools

first_imgNotre Dame added two Catholic elementary schools in Florida to the Notre Dame ACE Academies (NDAA) program. The two schools — Sacred Heart of Pinellas Park and St. Joseph of Tampa — will be the program’s newest partners. Christian Dallavis, director of NDAA, said the program conducted a feasibility study to determine which schools in the Diocese of St Petersburg would have the greatest potential for growth. “We want to do two things: increase the number of kids that enjoy the benefits of the education offered at these two schools, and ensure that the schools are providing education of the highest possible quality,” Dallavis said. Dallavis said the program chose these two schools after focusing on areas with mechanisms like parental choice programs, vouchers and tax credits for low-income families to send their children to private schools. The relationship between Bishop Robert Lynch of the Diocese of St. Petersburg and Notre Dame also played a factor. “Lynch has always been a great friend to the University and a big supporter of ACE,” Dallavis said. “He’s a great champion of Catholic schools.” Andy Shannon, principal of Sacred Heart, said despite recent efforts to combat low enrollment, the number of students at Sacred Heart remains far below its capacity. “In K-8, we have 140 students,” Shannon said. “I could easily put another 100 students into my school… and be under standards for accreditation.” Dallavis said the program would focus on bolstering enrollment, while increasing the quality of education. “We want to prepare kids for the economic and social mobility [that will] get them to a place where they can break the cycle of poverty,” Dallavis said. Dallavis said these schools will give students the skills they need to succeed by essentially being “college prep” elementary schools. “We want to make sure that … they get the message that we expect them to be prepared to go to college,” Dallavis said. “High school graduation and college attendance are critical to jobs in the current economy, and [this trend] is only going to become more pronounced.” Shannon said for his school, being offered the chance to partner win Notre Dame is like winning the lottery. “We realize how blessed we are by God to get this opportunity,” Shannon said. “It’s a game changer. It’s going to position us for future growth and development.” Both schools will be under the jurisdiction of a board dedicated to facilitating their advancement, Shannon said. The schools will also benefit from the advice of a learning specialist and an advancement director. “The learning specialist will work with both principals and teachers in both buildings … to make our education the best it can be,” Shannon said. “The advancement director will help to raise significant funds, especially to get more students and more families into our schools.” Though the will not be immediate, Shannon said the impact on the St. Joseph and Sacred Heart communities will undoubtedly be enormous. “I think what it’s going to do for our families is give them a lot of hope,” he said. “I just think that hope is what a follower of Christ has to give out.”last_img read more

Saint Mary’s President addresses freshmen

first_imgOn Thursday, Saint Mary’s President Carol Ann Mooney addressed the Class of 2017 as a part of the Common Experience component of the Cross Currents Program to help young women understand the meaning and importance of their Saint Mary’s education, said Patricia Fleming, provost and senior vice president of academic affairs. As a part of Cross Currents Program, the first year students are asking themselves “Why am I here?” and Dr. Mooney can help answer that question, Fleming said. Mooney arrived at Saint Mary’s College 44 years ago, as a first-year herself, and can remember those early days very vividly and how she was very intimidated, coming from a small town, Fleming said.  “Basically, I was a country kid, and when I got here, I thought everybody came from Chicago, Cleveland or New Jersey and they were all wiser and sophisticated and I was not.” Mooney said. Mooney spoke of her first mixer, what could possibly be considered a bit like Domerfest, she said, and had no idea what a mixer was. She was not prepared to meet other people, and did not know how. “I never had such an experience,” Mooney said. “I knew everybody in my town. If I went to a dance, it was the same old people I had known since kindergarten. There was no mixing.”  She said she eventually overcame her shyness, but not after crying out on the island, leaving the mixer three minutes after entering. A junior, who lived down the hall, helped her through her fear of meeting new people, she said. Mooney said her peer told her, “If you can talk to me, you can talk to other people.” She said French was an important part of her education.  She had a strong desire to study abroad in France and attended class five times a week in order to achieve that goal, she said. But after three years of disrupted French in high school, Mooney said she was placed in a class with girls who had taken five or six years of the language.  “I studied French every single night, for hours, convinced I was going to fail and never go to France,” Mooney said.  However, she said her hard work paid off and she spent an entire year in France. However, she said that did not mean she saw her experience in a positive light from the beginning.  With tough French classes and a struggle to adapt to life abroad, Mooney said she learned a lesson. She then shared this lesson with the first-year class: Give it a chance. “Immerse yourself in something.,” Mooney said. “For me it was classwork. I was excited about my classes. I really loved the fact that they challenged me.” Her second piece of advice was a bit simpler: sleep. Mooney said she got all the way through law school without staying up past 11 p.m. “You cannot feel good about anything if you’re so sleep deprived that you don’t know what’s going on,” she said.  Mooney continued her speech laying out three important lessons or experiences she hopes students in the class of 2017 will experience over the next four years at the College.  “I hope you grow in a sense of awe and wonder at the beauty and the complexity of the created world,” Mooney said.  The second lesson Mooney said she hoped students would learn during their experience at Saint Mary’s was empathy for others. “I hope you deepen your understand of what it means to be human and really develop your empathy with other human beings,” Mooney said. “That you have a greater capacity to put yourself in the shoes of another and have empathy for her, for her situation.” Finally, Mooney said she hoped each individual would develop their spiritual life while at College. “Whether you are of a different Christian faith, or you’re Jewish, or Muslim, or Hindu or of no faith tradition at all, I truly believe there will be a hole in your life, a sadness or an emptiness, a hollowness, if we don’t find some sense of purpose that calls you beyond yourself,” Mooney said.  Mooney said every Belle chose Saint Mary’s for a unique reason and she knows this institution will continue to have something to offer to everyone.  “I hope part of the ‘why’ is that we offer you things that are not available everywhere,” Mooney said. “I urge you to take advantage of what we have to offer … I urge you to please plunge into the rich life available here.” Contact Annemarie Loesberg at [email protected]last_img read more

McGlinn Hall named 2018-2019 ‘Hall of the Year’

first_imgThe Hall Presidents Council (HPC) awarded the overall “Hall of the Year” title to McGlinn Hall during the Notre Dame Student Leadership Awards Banquet in Duncan Student Center on Tuesday. Duncan Hall and Welsh Family Hall were named Men’s and Women’s Hall of the Year, respectively. Outgoing co-chairs of HPC seniors Joe Trzaska and Brendan Watts said encouraging community between dorms contributes to a better experience for Notre Dame students.“We try and foster collaboration and communication between the halls because we think the halls are stronger together than on their own,” Trzaska said. Charlotte Edmonds | The Observer Representatives from hall government of McGlinn Hall, Duncan Hall and Welsh Family Hall gather at the awards banquet Tuesday. McGlinn Hall won Hall of the Year, while Duncan and Welsh Family Hall won Men and Women’s Hall of the Year, respectively.Editor’s note: Evelyn Stein, third from left, is the Viewpoint Editor of The Observer.Trazka said HPC tried to promote this inter-hall partnership in many ways, but considered getting more students GreeNDot trained their greatest success.“Each hall has its own goals, we try to facilitate their reaching of those goals,” he said. “Our goals as chairs of the Hall Presidents Council were more meta-goals about the function of the council — like trying to improve collaboration and communication between the halls — but we did also aim to really boost those GreeNDot critical mass numbers, which [we] were happy that so many halls were so successful in doing.”Watts said Hall of the Year scores are based on four categories — Rocknes, final hall presentation, HPC’s visit to the dorm’s hall council and GreeNDot participation. “Rocknes are our monthly slideshow, videos [and] presentations of the events that went on in the hall that month in addition to a description of the events — a description of the challenges that they faced and goals for the upcoming months,” Watts said. “So each hall fills these out each month and the scores on those Rocknes comprise 50% of the Hall of the Year score. Another 40% comes from their final presentation at the end of the year. Each hall gives a 15-minute final presentation to the executive board and various other members of the student union essentially outlining how they improved throughout the year and accomplished the goals they set out at the beginning of the year. So that’s 40% of the score. Another 5% comes from the hall council visit. Each member of the executive board goes in to multiple hall councils to kind of evaluate how presidents and vice presidents were engaging their dorm communities through the hall councils. And the final 5%, which we instituted this year, was from GreeNDot participation.”Junior Clare Pierret, McGlinn Hall’s vice president, said the dorm community’s support of their rector, Sr. Mary Lynch, in light of her cancer diagnosis, was one of hall’s most transformative moments this year.“I think one of our most important things that we did was our entire community kind of came around, came together to support Sr. Mary when she was diagnosed with colon cancer over the summer … different people that usually don’t get involved in our dorm started to get involved. We kind of realized this is an entire community of women who are interested and excited and want to participate and want to lend a hand in creating a better community, not only in McGlinn but also in all of Notre Dame.”Pierret said the dorm’s focus on sustainability as well as welcoming all residents of the dorm — regardless of participation record — also contributed to the win.“We also did a lot with our sustainability, and we were the first group on campus to do Terracycling, which was a big initiative for us, and our sustainability commissioner was really excited when we went through with that,’ she said. “We also really tried to focus on trying to make every McGlinn resident feel like they were welcome even if they didn’t want to participate in our events. So we kind of tried to do small little things that reminded everybody that in McGlinn, everyone is welcome, everyone is loved and even though they might not participate in everything — all the events we do — we still obviously appreciate them and care for them.”Duncan Hall president junior Kyle Tomshack said he was excited for the hall to be recognized.“I think it’s definitely gratifying and Duncan Hall is ecstatic to get it,” he said. “Our main goal for the whole year was to serve the community and try to build that community in any way we can, and we’re happy that our efforts in doing that were recognized.”Tomshack said towards the end of the year, the Duncan community started to realize Hall of the Year was a possibility and worked towards earning the title.“We knew that we definitely had a shot, because we really had a push at the end of the year,” Tomshack said. “We knew that we had gotten the percent for GreeNDot, which was huge for us. We made a really big push at the end of the year for it … we knew we had some pretty good scores for Rocknes and we thought we gave a really good Hall of the Year presentation, helped out with some great testimonials from some of our residents here.” Welsh Family Hall president junior Abby Smith said one of the priorities of the hall government was to engage residents of the dorm who are not as involved with the hall community.“We really tried at the beginning of the year to focus on building the identity and the community and belonging within every girl in Welsh Fam, so that’s something that we focused on as a hall government and I think for us, it really means that we set goals that were not only accomplishable, but very meaningful to our hall too,” she said. “So we saw that reflected in the events we put on, but also people showing interest in the hall community and really getting … that 7% of people that don’t necessarily always go to events, really trying to reach out to them and making sure that they feel comfortable and welcome in the community.”Smith said even though winning Hall of the Year wasn’t a priority for the hall, the dorm is still excited and proud to have received the award.“It wasn’t a complete shocker, but we were excited to win for sure. I think it’s something that it wasn’t necessarily a goal of ours at the beginning,” she said. “I think our main goal was really to do something to help the residents, but as the year progressed, we saw that we were inching closer and closer to being a qualified candidate and being one of the top candidates for that award, so that was exciting for us to know that we had actually made it to that stage.”Watts said despite the fact these three halls stood out, every dorm at Notre Dame contributed to building community this past year. “They were many deserving halls this year, these three stood out amongst their peers as exemplary at building and fostering community, overcoming challenges within their halls and greatly improving upon past years within their halls,” Watts said. “And again, each and every hall and hall president has a lot to be proud of.”  Tags: Duncan Hall, Hall of the year, McGlinn Hall, Welsh Family Halllast_img read more

Emeritus Deacon Howard Kirk

first_img Left to cherish his memory one son Rickey Kirk; three sisters Laura Kegler, Louise Kirk of Nacogdoches, TX and Bernice Kirk of Port Arthur, TX; 8 grandchildren; 6 great-grandchildren; and a host of other relatives and friends.Funeral service will be 11 a.m. Saturday, December 31, 2016 at Holy Tabernacle Church of God In Christ, 211 W. 17th Street, Port Arthur, TX with visitation from 9 a.m. until service time under the direction of Gabriel Funeral Home. Emeritus Deacon Howard Kirk, 98, of Port Arthur passed away December 24, 2016 at the Medical Center. He was a native of Nacogdoches, TX and served in the US Army.last_img

Airports

first_imgHuntsville International Airport — Carl T. Jones Field1000 Glenn Hearn Blvd.Huntsville, AL 35824 256-772-9395www.flyhuntsville.comHuntsville International Airport is about 11 miles from Redstone Arsenal and is the largest commercial airport in northern Alabama, serving more than 1.2 million passengers annually. It provides nonstop service to Atlanta; Charlotte, North Carolina; Chicago; Dallas; Houston; Denver; and Washington, D.C. The airport’s major passenger carriers include American Airlines, Delta Air Lines and United.Ground transportation includes bus, taxi, shuttle, limo and rental car service. Rental car counters and other ground transportation options are on the first floor in the baggage claim area. The airport is served by six rental car companies.Birmingham-Shuttlesworth International Airport5900 Messer Airport HighwayBirmingham, AL 35212 205-595-0533www.flybirmingham.comBirmingham-Shuttlesworth International Airport is about 78 miles from Redstone Arsenal, serving just under 2.7 million passengers annually. The airport is served by American Airlines, Delta Air Lines, Southwest Airlines and United.Ground transportation includes bus, taxi, shuttle, limo and rental car services on the ground level of the parking deck. There are nine rental car companies.Nashville International AirportOne Terminal Drive, Suite 501Nashville, TN 37214 615-275-1675www.flynashville.comNashville International Airport is 121 miles from Redstone Arsenal. Serving more than 11.6 million passengers annually, Nashville International is one of the fastest growing airports in the country. It is served by Air Canada, American Airlines, Delta Air Lines, Frontier Airlines, Southwest Airlines, United, Alaska Airlines, Contour Airlines, JetBlue and WestJet.Ground transportation includes bus, taxi, shuttle, limo and rental car services. The airport is served by 10 rental car companies.Memphis International Airport2491 Winchester Road, No. 113Memphis, TN 38116 901-922-8000www.mscaa.comMemphis International Airport is 190 miles from Redstone Arsenal. Major airlines include American Airlines, Frontier Airlines, United, Delta Airlines and Southwest Airlines.Ground transportation includes bus, taxi, shuttle, limo and rental car services. The airport is served by nine rental car companies. To get to the Ground Transportation Center, where rental car services are located, start in Terminal B and go one level below baggage claim to the lowest level, using an escalator or elevator. Follow signs that read Economy Parking/Rental Cars.last_img read more