Word: cough
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Loopholes, though, are just the colorful, exotic side of the story. One of the great bipartisan axioms of our times is that if you irritate the rich and the corporations -- for example, by insisting that they cough up some tax revenue -- they'll get all huffy and will refuse to create any jobs for the ) rest of us. So we solemnly nod our heads when the politicians assure us that cutting the taxes of the wealthy constitutes "tax reform," while increasing them would be a suicidal form of "class warfare...
...sanctuary in a society that has declared their pastime illegal. Communicants file up to the altar rail for a long drag on a cigarette -- a precious, stale relic from the last carton of Marlboros sold before the U.S. government banned smoking in 1997. The priest blesses the faithful, they cough in response, and all exeunt to today's hymn, Smoke Gets in Your Eyes...
...left Viacom with $10 billion of debt and exacted a heavy toll on the company's shareholders and allies. Redstone concedes that the battle forced him to cough up some $1.5 billion more than he intended to pay when Viacom and Paramount unveiled their original merger agreement last Sept. 12. Since then the price of Viacom Class-B stock has shrunk more than 50%, falling from 56 3/4 to 25 3/4 last Friday as investors reckoned that the cost ! of the merger would hammer the company's profits for years...
...part of its campaign for health reform, the Administration included in the budget some projections for the "net taxes" -- the difference between all federal, state and local taxes people pay and the benefits they receive -- for future generations. According to the calculations, those born after 1992 may have to cough up 82% of their lifetime earnings in net taxes. However, the Administration claims, the net rate would become 93.7% but for the package of tax hikes and spending cuts that Congress narrowly passed last year. The main cause of these runaway -- and highly theoretical -- rates is the uncontrolled cost...
...more than ever, as the University prepares to ask its supporters around the world to cough up more cash, we need to be vigilant that it isn't wasting--or misusing--the money it already...