It could increase tax revenue, help finance Social Security, bring new home buyers and improve the business environment.
She said it would produce $187 million in sorely needed revenue, help deter children and youths from taking up smoking and indirectly help the state cut its soaring health care costs, since smoking is the leading preventable cause of death.
Senator Max Baucus of Montana, the chairman of the Senate Finance Committee, said on Monday that an overhaul of the tax code was moving forward, but that any plan must raise more revenue, help reduce the deficit and address the nation's growing disparity between rich and poor.
The company's reported revenue for the last three fiscal years is analysed to understand the growth dynamics; amount of research and development (R&D) expenditures in their relation to the revenue help provide an overview of the acquirer's R&D model.
Yahoo needs all the revenue help it can get these days, which is why it's odd that subsidiary Flickr hasn't been serving ads properly for a day or so and apparently no one at the company has noticed.
"I think we have short-term and long-term answers, but will the additional revenue help us with the stressed budget, no doubt," said Cuomo.
