Word: bracketed
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Going once, going twice... House and Senate Republicans late Tuesday came up with the refund they?ve always wanted ? a 10-year, $792 billion smattering of tax cuts that combines the House?s across-the-board dreams (in this version, a one-percentage-point cut in every bracket) with the Senate?s targeted goodies (relief of the marriage penalty, increase IRA contribution limits) that make the measure sound more like one of Bill Clinton?s than Newt Gingrich?s. And that?s exactly why maybe ? just maybe ? some of this begging-to-be-vetoed bill might survive the summer...
...amount in taxes equal to 20.7% of gdp, a post-World War II high that is up from just over 18% 10 years ago. Nor are many economists bummed by the fact that most of the benefits that would flow from the G.O.P. cuts would accrue to upper-bracket taxpayers, since they have been the hardest hit by tax increases during the past decade...
...Compromise or confrontation? William Roth?s Senate plan takes small, negotiable bites: Reduce the 15 percent tax bracket to 14 percent and expand that bracket; ease the "marriage penalty," reduce estate taxes and increase contribution limits for IRAs. The House proposal is uncompromising swordplay -- cut the capital-gains tax and slash income taxes, across the board, by 10 percent. "It?s up to the Republican caucus what they want to do now about a final bill," says Branegan. "If they decide to try to attract some Democratic support, it?ll look more like the Roth plan. If they want...
...historic settler community in a picturesque winelands region 30 miles from Cape Town, has 105 registered bed-and-breakfasts. SATOUR has issued a 254-page accommodation guide that lists 1,877 establishments. Some are luxury guest houses, but many are in the easily affordable $20-to-$30 daily bracket...
...went into the tournament just looking to have some fun, and I took a look at my bracket and saw many tough opponents," Blake said. "I just started playing, and before I knew it I was winning all of my tough matches and was still in the tournament...