Word: borrower
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...ideal free-market tax system would be no taxes at all. Taxes discourage productive activity: working, saving, investing. Even President Bush, though, seems to recognize that we can't borrow the entire federal budget. So taxes are necessary. In real life, the ideal free-market tax system is one where taxes affect people's economic decisions as little as possible. That is, a tax system that leaves the world looking as much as possible like one with no taxes...
...money-market fund at a time of 5% inflation is really only 3% -- but no one is proposing to do anything about that. Furthermore, no one is proposing to limit the deduction for interest paid. In a world with no taxes, it would not make sense to borrow at 10% for an investment that will pay only 8%. If the tax system adjusts profits for inflation but not borrowing costs, such a topsy-turvy investment can suddenly become a brilliant tax shelter. If you believe in the free market, that makes no sense...
...major cause of the debt crisis that has racked the region. The boyish Harvard & economist, an adviser to debt-ridden countries from Bolivia to Poland, blames wealthy Latin elites for dodging taxes and arranging self-serving subsidies that have "sucked the blood" from many governments, forcing them to borrow heavily...
Besides maintaining the audience's attention with their scenic variety, these segments contribute to the movie's understated wit. One moment the Spectors let Lucy and Sam, the teenagers, borrow their car. Michael says to his wife, "Admit it--your most paranoid fantasy--they run off with the baby and the car, only stopping long enough to rip off a few convenience stores, and we end up on Geraldo as the most gullible people in America." The next moment the kids return, and the Spectors pretend they never worried...
...Three large, hairy and somewhat inebriated guys wearing "Harvard: The Northeastern of Cambridge" shirts ask me if they can "borrow" my identification. I give them my outdated Boston Public Library card and tell them that the secret code word is "Zeek...