Word: ares
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Dates: during 1980-1989
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Second, most capital gains are never taxed at all! There is no tax when the owner dies before the asset is sold. The profit on inherited property is measured only from the moment it was inherited. This is a huge loophole, costing the Government more than $5 billion a year...
From a free-market perspective, then, there is no justification for a special tax break for capital gains. If advocates of a capital-gains break wish to concede that they are socialists engaged in large-scale Government intervention in the economy, we can start again from the top on that...
And the poor? In the bleak and bitter outskirts of Buenos Aires, thousands of people stand in line every morning, eyes glazed by hunger, clamoring for government handouts. The residents of most lower-class neighborhoods have had to fend for themselves. In the city's northern barrio of San Fernando...
Every country has its rich and poor, but in Latin America the gap between them is especially vast and is growing worse. The richest 20% of families enjoy a more extravagant life-style than that of the upper class in such industrialized countries as the U.S. and Japan. On the...
This is not the picture of the crack epidemic portrayed by the nightly news. On TV, crack addicts are almost invariably blacks and Hispanics from the ghetto. In real life, the problem is much broader: the number of white middle- and upper-class crack users may equal -- or even exceed...