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Profit

NEWS
Tyler Young | July 29, 2009
The developers of Limestone Crossing, the University of Kentucky's proposed retirement community in Nicholasville, revealed to the Nicholasville Planning and Zoning Commission Monday that they have changed their plans and will become a for-profit organization. The move means that the city and county could take in nearly $1.4 million a year in tax money that they would not have gotten in the original plans. Dr. Jack Blanton, special assistant for UK President Lee Todd, said that the recession caused the university and the developers to rethink how they were going to set up the community.
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NEWS
JERRY LITTLE | March 4, 2009
Farming tasks and complications from Mother Nature make spring a hectic time. If trying to make first cutting and get crops seeded on a timely basis isn't enough, Mother Nature's spring rains complicate matters by delaying field work. Doing some advance planning and changing field work priorities will help you get through this stressful period. The question then becomes where to start. Now is the ideal time to repair and perform routine maintenance on equipment so you will be ready when the weather cooperates.
OPINION
January 6, 2009
Dear Editor, I noticed that in a recent letter to The Advocate-Messenger, Christine Missik employed the new McCarthyism from the global warming scare crowd. There apparently is a notion that if science is funded by industry or corporations, it should be dismissed offhand. Using Missik's logic, science funded by corporations must be a self-fulfilling prophecy. Industry and corporations don't want global warming to be an issue because they fear that new policies will hurt their bottom line.
NEWS
Journal staff report | December 23, 2008
With a 4-1 vote, the Nicholasville City Commission passed the second reading to eliminate its business license fee in preparation of the state-mandated net profit tax. Commissioner Chris Moore was the lone "No" vote. In order for the city to make the switch, it will lose approximately $200,000 in the upcoming fiscal year 2009 general fund budget. "I just echo what I said last week," Moore said. "I think we need to have the $100 minimum. " During the Dec. 11 commission meeting, some talk surrounded a $100 deposit to be levied on all businesses for 2009 in order to have some revenue generated, but the commission elected not to go that route.
NEWS
Bob Flynn | December 17, 2008
After much discussion, the Nicholasville City Commission voted to pass a first reading to eliminate its business license fee in preparation for the state-mandated net profit tax. "It's called the net profit tax, and that's essentially a license for businesses to do business in the city of Nicholasville," Finance Officer Laurie Young said. "We called it a business license before because there were a number of different types of fees like flat fees and some were on gross receipts.
NEWS
Dave Ramsey | December 10, 2008
Dear Dave, As a Christian, I always give to my church. I was wondering if you think it's okay to also give to local causes, such as animal shelters, scholarship funds and other things. Annie Dear Annie, Certainly, it's okay. I think people should give to lots of different things if they've been blessed. As a Christian, you probably know that you're called to tithe. That means one-tenth of your income - off the top and before anything else - should go to your church.
BUSINESS
November 6, 2008
Peebles Department Store will host a Charity Day on Nov. 16 to benefit local non-profit charities through the sale of Peebles coupon booklets. Peebles, working with participating charities, will donate some coupon booklets to charities. The charity will then distribute them for a $5 donation. All donations will go to charity. The booklets will feature coupons for all departments with discounts of up to 50 percent on Charity Day. Participating charities will start offering the coupon booklets prior to Charity Day on Nov. 16.
OPINION
August 21, 2008
Dear Editor, Brian Cooney's article on Republican privatization left me scratching my head and doubting my ability to rationalize and put things in perspective. Other than the Bush tax cuts and corporate profitability, I couldn't figure out what he is really against. Perhaps the following list may better represent what he doesn't like about the direction this country is going: A. We have electricity and running water 24 hours a day, 7 Days a week. B. We have air conditioning in the summer and heating in the winter.
OPINION
June 20, 2008
Dear Editor, I'd like to offer a perspective of a non-resident of Lancaster on the question of liquor sales. Now I drive to Lebanon, Lawrenceburg or Nicholasville if I want to purchase any alcoholic beverages for home consumption. If Lancaster were to vote to allow liquor sales, I'd go there instead. One writer from Nicholasville a while back urged Danville not to vote for liquor sales - Jessamine County being the beneficiary of Danville's prohibition. I'd think Nickyville residents would urge Lancaster to vote no, as well.
NEWS
Don McNay | May 7, 2008
Many large companies take care of customer service by setting up call centers in places like India and Costa Rica. Workers are cheap, and it boosts the company's bottom line. I wonder if the short-term profits are worth the long-term cost. The trend is called "outsourcing" and is best described in Tom Freidman's book, "The World is Flat" Friedman is a Pulitzer Prize-winning columnist for The New York Times. He argues that over time, the world is becoming increasingly interconnected and that jobs which used to be unique to one country can now be done in a number of places.
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