Word: argument
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Most tax plans start with increasing the portion that the very wealthy pay as a percent of their income. That is not just true in America. It is a global way of raising money to support government programs, and, by most accounts, it is fairly successful. The major argument against this form of taxation that taxing people who make a lot of money will diminish their entrepreneurial incentives. The wealthy will lose their desire to create more wealth...
...approaches India and Indians with a new sensibility. Slumdog's central trio aren't victims; they're individuals, and they each manage in different ways to rewrite the lives they've been born into. Jamal, in the film, talks a lot about destiny, but his story is really an argument against it. It's a long way from City of Joy, the 1992 film in which Om Puri's noble rickshaw puller shows Patrick Swayze's disillusioned doctor the path to enlightenment. Slumdog recognizes that poverty isn't ennobling; it's infuriating, and only the cunning escape...
...valuation of a mortgage bond like Jupiter is a white-hot argument. Most Wall Streeters agree that a large number of such bonds--amounting to hundreds of billions of dollars, perhaps trillions--are worth far less than their stated, or par, value. How much less is central to resolving the financial crisis. In early February, Treasury Secretary Timothy Geithner said he wanted to start a public-private partnership to buy up toxic assets. Banks hold tens of billions of dollars in mortgage bonds, and as the bonds fell in value or were wiped out completely, they erased precious capital...
...Administration has already said it will buy shares in banks that need more help, and is negotiating a deal that would give it a big minority stake in Citigroup. But it has so far dismissed suggestions that it should take full control of Citi and other big banks. The argument for a takeover is that it makes executives answerable to taxpayers rather than shareholders. The argument against it is that execs solely answerable to taxpayers won't take the entrepreneurial risks needed to return their banks to health...
...main argument against granting D.C. a congressional vote is a simple one: it's not a state. Article I, Section 2 of the Constitution says Representatives are to be chosen "by the people of the several states." "The Constitution of the United States could not be clearer," Arizona Senator Jon Kyl recently said on the Senate floor. And while his opposition may have as much to do with politics as law - Republicans are skittish about a slippery slope that would lead to U.S. Senators from D.C., a Democratic stronghold - the definition of a state is surprisingly hard to pin down...