Imperial Valley Press

LUPE VALDIVIA

- MAJOR CORPORATIO­NS

Lupe Valdivia, 54, of El Cajon passed away on Monday, December 4, 2017.

She was born on April 18, 1936 in Brawley.

Lupe is survived by, her husband, Carlos Valdivia of El Cajon; sons, Miguel Valdivia of Campo, Carlos Valdivia Jr. of El Cajon, David Valdivia of Boulder, Colorado, Peter Valdivia of El Cajon; siblings, Tony Soto of Imperial, Concepcion Verdugo of Brawley, Joe Soto of Brawley, Jesse Soto of Brawley, Esperanza Contreras of Brawley, Mary Helen Soto of Brawley, Isabel Figueroa of Brawley, Irene Orozco of Alpine, John Soto of Brawley, Francisco Soto of Brawley; 9 grandchild­ren and 16 great-grandchild­ren.

Visitation will be held on Friday, December 22, 2017 at St. Margaret Mary Church from 10 a.m. to 12 p.m. Rosary will be held at 11 a.m and Mass will follow Visitation at 12 p.m.

Major sports teams will still be able to build and renovate their stadiums with tax-exempt municipal bonds. The House version of the tax bill had initially scrapped access to this form of debt by sports teams, a provision that drew objections from the NFL. But the final bill retains it.

Such tax-advantaged public financing should make it easier to have the Oakland Raiders, for example, move to Las Vegas and play in a new $1.9 billion dome. Forbes estimates the Raiders, owned by Mark Davis, to be worth $2.4 billion.

The tax rate for most companies would drop to 21 percent from 35 percent. This is a permanent

It could get more expensive to ride the subway or park your car near work. Employers would no longer be able to deduct from

Most Americans would receive tax cuts initially. But the lower rates and a host of other benefits would expire after 2025. This effectivel­y sets up an $83 billion tax hike for many millions of Americans in 2027.

What’s more, people’s taxes could continue to creep up because the plan will adjust the tax brackets at a less generous measure of inflation than it formerly did. The slower indexing for inflation amounts to a $400 billion tax hike between 2028 and 2037 that would help finance the lower corporate rates, Lily Batchelder, a New York University law professor and former Obama White House adviser, observed on Twitter.

Congress could decide years from now to extend the lower tax rates. But doing so would increase the deficit far more than the $1.5 trillion now being estimated by Congress’ Joint Committee on Taxation.

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