Word: deductionism
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Although President Clinton and some Senate Democrats have proposed a tax deduction of up to $10,000 for college tuition payments, University officials are worried about House Budget Committee proposals to cut financial assistance.
The firms that orchestrate those waves from special interests often describe themselves as nonideological. But it is inherent in special-interest work that they will time and again be employed to defend the budget deficit against brutal assault at the hands of fiscal responsibility. When in February 1993 President Clinton...
Clinton's tax cuts resemble the dealer incentives that Detroit once offered to win back buyers who had switched to Japanese cars. Clinton's "Middle-Class Bill of Rights" is designed to appeal to voters who supported him in 1992, but this year bolted to the G.O.P. -- or stayed home...
At yesterday's full faculty meeting, irate professors spent an hour and a half describing the harmful effects of pension deduction and imploring the administration to reconsider the changes.
Abernathy and Caves will present the findings of their investigation at a meeting of the faculty. And Mallinckrodt Professor of Applied Physics William Paul may ask faculty members to recommend that Harvard rescind the one percent deduction.