Word: brier
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...thresholds for medical expenses and other write-offs means that about 25% of the estimated 40 million taxpayers who itemize will be better off if they use the short forms instead. But for the remaining 30 million Americans who have any significant deductions, the tax-reform law is a brier patch of ambiguities, shifting rules and vanishing preferences. The tax code contains hundreds of changes this year, for which the IRS has published 48 new tax forms. At least one new IRS release is a hit: Publication 920, which explains tax reform in layman's language. Copies requested...
Japan challenges America' s reputation for innovation. -- After reform, taxpayers are caught in a brier patch of new rules...
...program, with the indigestible title Tax Reform for Fairness, Simplicity and Economic Growth, is gaining adherents, though swarms of lobbyists for just about everything from corporations to charities are still determined to kill or alter it. The special interests love the brier patch of the current tax code, which takes up 33 feet of shelf space and has enough shadowy havens to hide almost anything. "It was easier to get tax legislation than take other action," says Chapoton. Before long, the U.S. tax system was setting industrial policy. "Investments were being based on tax considerations," explains Egger. "Prices in real...
...humor to wound rather than amuse. "I'm very competitive," he says. "And it's easy to move from competitive to combative." Dole's most acerbic period came after Gerald Ford chose him as running mate in 1976. "They needed somebody to go out in the brier patch," Dole recalls. The Kansan tore into the Democrats with a barbed zeal that turned off many wavering voters. In his televised debate with Democratic Vice-Presidential Candidate Walter Mondale, Dole's jokes did not fit the serious forum and his partisanship went too far. He suggested, for example...
...Peter Brier...