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...Democrat Barney Frank, chairman of the House Financial Services Committee, echoed those concerns, arguing that pursuing restitution by other means was preferable. House Ways and Means Chairman Charlie Rangel also opposed using the tax code "as a political weapon" until the Speaker sat on him to write the legislation passed Thursday in the House. Senate Finance Committee Chairman Max Baucus defended his measure, saying that by expanding the pool of bonus recipients to all institutions that have received $100 million from the government, the legislation would likely survive judicial challenge. "We've pushed the constitutional question pretty hard with constitutional...
...event, any tax-the-bonuses bill is likely to meet powerful opposition. House Ways and Means Committee chairman Charlie Rangel, Congress's top tax writer, told reporters that taxing the bonuses "is a venting type of thing. I would hope and assume we have alternatives to the tax codes ... When you get angry, you don't think as clearly as when you calm down." He added, "It is tough to me to think of the tax code as a political weapon." Rangel would be a huge obstacle to any such bill, no matter who originates it. Others say this type...
...audience for two full hours as they weave humor, sincerity, and passion into a solemn exposé of the complex male-to-male interactions often imagined to exist at all-boys school. As the college entrance exam draws near, hearts are broken, grown men humiliated, and the unspoken code of conduct and silence is shattered, spewing all secrets right out onto the stage floor.—Staff writer Noel A. Barlow can be reached at nbarlow@fas.harvard.edu...
...resort, you get a $200 credit for use in the dining room, at the spa or on the golf course. Credits will be given away to guests until the resort has doled out $1 million in freebies. Rates start at $529 per night; book using the promotional code LRW. The offer's good from March 22 to April 17. 400 South Collier Boulevard, Marco Island...
Media Cloud plans to make much of its data available to the public and to release the code that runs the content database so that the Web site can serve as a research platform for scholars studying the subject matter, said Hal M. Roberts, the technical architect of the Web site and self-identified “geek in residence” at the Berkman Center...