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SeaWorld Had Banner Year With Record Earnings in 2011 But Paid No Taxes

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Editor: If you’re asking yourself how could SeaWorld have a banner year in 2011 with record earnings for the company, and yet pay not one nickle in taxes, you’re on the right track. Doug Porter’s First Cuppa this morning turned us on to what article most newspapers in this country ran about the SeaWorld financial saga, which is reposted below. The U-T San Diego ran a similar but different article. Can you find the differences?

For SeaWorld, record earnings and no income tax

McClatchy/Tribune / Originally published April 4, 2012

ORLANDO, Fla. _ SeaWorld Parks & Entertainment had a banner year in 2011. Attendance and guest spending rose across its U.S. theme parks. Earnings set a company record.

But SeaWorld won’t have to pay a dime in federal income tax. It will not have to pay any Florida corporate income tax, either.

Thanks to big tax deductions for capital investment and interest payments, SeaWorld’s record 2011 will actually go down as a loss for tax purposes.   [Read more…]

Come On Down to PUC Hearing and Protect Your Wallet and Purse From SDG&E

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San Diego CPUC Meeting

Al Bahr Shriners Memorial Auditorium

April 5th

2:00 pm and 6:00 pm

5440 Kearny Mesa Road

San Diego, CA 92111

By Diane Conklin / Ramona Sentinel / Originally published March 24, 2012

What will it take for the California Public Utilities Commission (CPUC) to deny San Diego Gas & Electric’s request that you and I pay for their fires? I have thought a lot about this question and have come to this conclusion: It will take the people of San Diego County, thousands of them, to email, call, write, and participate in the process.

And one of the most important and most accessible ways to participate is to join with neighbors and friends and “Come on down” to the April 5th public hearing and tell the commission yourself what you think of this plan.
  [Read more…]

Land Use and Housing Committee to consider “Property Value Protection Ordinance”

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The Committee Hearing is TODAY – Wednesday, September 14th at 2pm (please arrive at 1:30pm) at San Diego City Hall. You can RSVP through Facebook. The address is: San Diego City Hall, 202 C Street, 12th floor, San Diego, CA Housing Committee Ordinance would fine banks $1000 a day for failure to maintain foreclosed properties […]

Wisconsin of the West, Part I

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By Jim Miller/Cross-posted at OB Rag A couple of weeks ago local Republicans held their unity night at the Kona Kai Resort where notables such as Jerry Sanders and Kevin Faulconer cheered as Carl DeMaio asked if they were ready to make San Diego “the Wisconsin of the West.” They, along with the Chamber of […]

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