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PAGE 5A July 2024
Gadsden State Community College hosted a signing event July 9 for the first cohort of students to be in the Consortium of Machining Education Training. Known as CoMeT, the program is a hybrid work-based apprenticeship that allows students to “earn while they learn.” Alan Smith, dean of Workforce Development, said the program was developed in 2023 by Gadsden State employees to address the needs of the machining industry. “Gadsden State is teaming up with companies that need us to provide training to students who will go into their workforce,” he said. “We are providing a pipeline of skilled, highly trained precision machinists who are sure to be excellent employees.” Seven industry partners signed 13 students and one alternate to be a part of the first cohort during a signing event at the Beck Conference Center on the Wallace Drive Campus. Through the CoMeT program, students will take classes at Gadsden State two days a week and work for an industry partner three days a week. “It’s not easy going to school and working at the same time,” Smith said. “This program allows students to do both while having a healthy work-life balance.” The students will be paid at least $15 per hour by their employer during five semesters of training. “This will be the least amount of money you will ever make for the rest of your life,” Andy Robertson, Workforce Development coordinator, said during the signing event. “You will make more and more money as you progress through your training and your career. Your salary will increase as you gain experience.” Completers of the program will graduate with an Associate in Applied Science in Precision Machining. “Upon graduation, the students have the potential to make at least $50,000 a year right away,” Smith said. “Because they’ll have a valuable credential and two years of industry-verified experience, our graduates will be head- and-shoulders above everyone else.” CoMeT is offered in the Precision Machining Building on the Ayers Campus and in the new Advanced Manufacturing Center on the East Broad Campus. The program is led by instructors Daniel Anderson and Peyton Amberson. They will oversee the students as they complete 1,776 hours in work-based learning as well as five projects. “The instructors are here to make sure that our students become successful employees,” Robertson said. “They are instrumental in the growth of our students and the growth of our program." Smith said he expects all of the students to complete the program and graduate from Gadsden State. “If you study and work hard, you will make it through CoMeT with flying colors,” he said. “Find whatever it takes to finish this program and go onto a successful career.” Students and industry partners participating in CoMeT include: Gadsden Tool Inc. - Jonathan Laughlin of Wilsonville and Tyree Street of Anniston General Dynamics - Champton Goss of Centre, Dalton Johnson of Pisgah and Jakarian Jackson of Anniston GH Metal Solutions - Kendra Perego of Valley Head Lee Brass – Derrick Montgomery and Jacauri Whitfield, both of Anniston Prince Metal Stamping - Eric Danini of Attalla and Tytan Rich of Rainbow City Stamped Products - Dillon Owens of Boaz and Lucas Renfrow of Attalla XYZ Controls - Matthew Williams of Glencoe Alternate - Daronte Collins of Anniston Gadsden State Signs Fourteen To CoMeT program
The U.S. Department of the Treasury and Internal Revenue Service (IRS) has announced that a new initiative to collect past-due tax debt from high-income, high-wealth individuals has reached a major milestone, with more than $1 billion recovered. The IRS in 2023 launched a new initiative to pursue high-income, high-wealth individuals who have failed to pay recognized tax debt, with dozens of senior employees assigned to these cases. This campaign is concentrated among taxpayers with more than $1 million in income and more than $250,000 in recognized tax debt. The Inflation Reduction Act "is increasing tax fairness and ensuring that all wealthy taxpayers pay the taxes they owe, just like working families do,” said U.S. Secretary of the Treasury Janet L. Yellen. “A new initiative to collect overdue taxes from a small group of wealthy taxpayers is already a major success, yielding more than $1 billion in revenue so far.” In an initial success, the IRS announced last year that it had collected $38 million from more than 175 high-income, high-wealth individuals. The IRS then expanded this effort last fall to 1,600 additional high-income, high-wealth individuals. The IRS has assigned more than 1,500 of these 1,600 cases to senior employees, with more than $1 billion collected to date. More than a decade of budget cuts prevented the IRS from keeping pace with increasing complexity and ensuring that wealthy taxpayers, large corporations, and complex partnerships pay taxes owed under current law. The effort to pursue high-income, high-wealth individuals who have failed to pay past-due tax debt is one of several initiatives the IRS has launched to improve tax fairness and reduce the deficit. In the past two years, the IRS has launched: • A new initiative to crack down on abuse of corporate jets for personal travel. • A campaign to collect taxes owed by 125,000 high-income, high-wealth earners who have not filed taxes in years. • Audits of 76 of the largest partnerships with average assets of $10 billion that represent a cross section of industries including hedge funds, real estate investment partnerships, publicly traded partnerships, and large law firms. • Audits of the 60 largest corporate taxpayers, with average assets of $24 billion. • And a new regulatory initiative to close a major tax loophole exploited by large, complex partnerships that could raise more than $50 billion in revenue over 10 years. In addition to enhancing tax fairness, these initiatives will narrow the gap between taxes owed and taxes paid, reducing the deficit. New Treasury and IRS analysis shows these investments in high-end enforcement, technology, and data resulting in $851 billion in additional revenue over the next decade if the investments in the Inflation Reduction Act are continued as proposed by the current democratic administration. $1 Billion in Past-Due Taxes Collected Members of the Crossville High School Class of 1972 held a reunion on Saturday, July 20, 2024. The classmates attending the reunion include: (Seated L-R) Martha Croft Patton, Patsy Burns Bearden, Frances Campbell Keener, Pam Jones Raley, (Ladies Standing) Karen Bruce Holcomb, June Jones Harris, Janet Colvin Bearden, and Mary Walker Vaughn, (Men Standing) Byron Dalrymple, Michael Williams, David Byrd, Joey Hyde, Kenneth Cooley, Ricky Holcomb, Jerry Bowen, Jeff Holcomb, Dale Cason, and Gary Holcomb. Photo Courtesy of Pierce Photography Crossville Class of 1972 Reunion
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