Word: disappearers
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...course, ending the marriage penalty doesn't require a cut in taxes. At least one revenue-neutral alternative has been proposed in which married people would pay a little less and single people would pay a little more, causing the gap to disappear. Unsurprisingly, however, Congress preferred to use the opportunity for a tax cut, and rather than be left portrayed as anti-marriage, the Democrats decided to join in to the tune of $89 billion over 10 years. The Democratic alternative, rejected before the GOP bill's passage, would have called for increases in the standard deduction...
...make for a pretty good suit. We'll find out, because Michael Jordan is now a suit. Gone, except for practice sessions, are the short pants. Last week he became a pinstriped part owner of the NBA's Washington Wizards (13-29), a team whose skills can make fans disappear. The title on his office will read PRESIDENT OF BASKETBALL OPERATIONS, meaning that Jordan will supervise both players and coaches. His part ownership comes from his buying into a company run by America Online executive Ted Leonsis and businessman Jonathan Ledecky that owns 44% of the Wizards' parent corporation...
...Americans earning more than $300,000. But Bush is right too when he argues that lower- and middle-income Americans would see their taxes reduced more, in percentage terms, than the very rich. A single mother of two earning $31,300 a year would see her income-tax bill disappear. The benefits of McCain's plan are focused almost entirely on the middle class--single people and couples earning between $25,000 and $70,000. For everyone else, the poor and the rich, the payoff is modest...
...Arrow Pub and the Mass. Ave. Dunkin' Donuts may be about to join The Tasty in a dubious Harvard Square clique: Good Will Hunting made them famous, development could make them disappear...
...banks and savings and loans. Cyclicals need low rates to keep the expansion going. Financials rely on the spread between short rates and long rates for much of their profits, and if the Fed takes up short-term rates, their margins will be squeezed and their earnings could disappear...