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Member Center: Courtroom Chronicles - Day 33 Judge: No dismissals in Ala. gambling corruption trial By John คาสิโน ยังไง Shryock, Digital Content Producer The federal courthouse in Montgomery, Alabama. MONTGOMERY, AL (WSFA) - The federal gambling corruption trial will continue in downtown Montgomery.Thursday morning, Judge Myron Thompson declined all motions for acquittal and dismissal of chargesagainst all defendants. The decision meansall charges againstMacon County casino owner Milton McGregor and eight other defendants areupheld, for now.. Federal prosecutors believe the defendantsschemed to buy and sell votes onlegislation to allowgambling in Alabama. Thompson, presiding of a trial in its eighth week,admitted hehas reservations about some of the charges in the 39-count indictment and some concerns about some of the defendants in the trial. The judge saidhewill rule on the conspiracy charges at the end of the presentation of evidence. The prosecution rested its case on Tuesday. Wednesday wasspent hearing argumentsfrom the defense on why manycharges should be thrown out. The jury was not present during that time. The defense now gets its chance to present its case.
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Inker cites the following chart, which shows the relationship between US corporate profits and the statutory federal corporate tax rate. The correlation is, well, theres not much to see. View photos Source: GMO More While tax rates are currently at about their lowest levels and corporate profits just off of their highest, tax rates did their falling in the 1980s and the profit spike was a good 20 years later, Inker writes. Given that lag, it strains credibility to argue that the tax rate fall was an important driver of the rising profitability. What you would want to see is a relationship such that when tax rates fall over a period, profits rise. This does not seem to have been the case, as the correlation between tax rate change and profit change as a percent of GDP is positive over 3-, 5-, 7-, and 10-year periods. This means that tax rate falls have generally been associated with falling, not rising, profits. (Emphasis added.) Additionally, as Inkers chart shows, the profit cycle looks largely in-step with business and commodity cyclesand somewhat indifferent to the prevailing tax regime. Trump proposed a corporate tax rate of 15% during the campaign, and the House Republican proposal targeted a 20% rate. Amid the flurry of news headlines weve seen since Trumps inauguration, movement on tax policy has been sparse. So far, weve seen Trump call the border tax adjustment proposed by the House Republican plan too complicated.
(Ethan Miller/Getty Images) Last year, a record $132.54 million was wagered on the Super Bowl between the Broncos and Panthers at Nevada sports books, which scored their eighth straight profitable Super Bowl when the Broncos upset the Panthers. In fact, the books have come out ahead in all but two Super Bowls since 1991, falling short only when the Giants upset the Patriots in 2008 as 12-point underdogs and when the 49ers covered the huge 18.5-point spread against the Chargers in 1995. In total, the American Gaming Association predicts that Americans will wager $4.7 billion on the Super Bowl this year, with all but $4.5 billion of it coming via illegal bets. And so were here to hopefully help, whether youre heading to Vegas or more likely have an offshore account or know a guy who knows a guy. It was a calamitous season for your humble guide, as Ive gone 125-133-8 against the spread. But Ive turned things around in the playoffs, going 7-3 on my point-spread picks. Point spread: Patriots (-3) vs. Falcons. Moneylines: Patriots -150, Falcons +130. Moneylines? What does that mean?: The moneylines are for straight-up bets, with no point spreads involved.
For the original version including any supplementary images or video, visit https://www.washingtonpost.com/amphtml/news/early-lead/wp/2017/02/02/super-bowl-gambling-guide-point-spread-overunder-and-trends/
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