Word: doled
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Dates: during 1990-1999
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...given year only a few hundred Americans have to pay a levy called the "generation-skipping tax," which is 55% on transfers of more than $1 million from a grandparent to a grandchild. But Dole once helped shrink even that paltry number at the urging of two of his biggest cash donors, Ernest and Julio Gallo. According to the Center for Public Integrity, the Gallos, who own the biggest wine-making company in the country, are Dole's largest financial backers, having given more than $1 million over the years. But that is a modest investment compared with...
...Dole has almost always worked with Senator Nancy Kassebaum, especially to assist Kansas industries like wheat growers and small-airplane manufacturers. But Dole broke with his fellow Republican--and endangered the health-care legislation she left last month as her legacy--by looking after the interest of a Dole Inc. supporter, Golden Rule Insurance of Indianapolis. Golden Rule was pushing medical savings accounts, which allow people with high-deductible insurance plans to set up tax-favored savings accounts to use for their health-care expenses. Dole's amendment, which would have cost the Treasury $1.8 billion over seven years...
Golden Rule is the one company best positioned to take advantage of this windfall--a fact that Dole was well aware of. In 1993 Dole touted the accounts on television the day after Golden Rule flew the Senator to meet with company chairman J. Patrick Rooney. Later Golden Rule executives gave $30,000 to Dole's pac. Golden Rule also gave the Republican National Committee more than $500,000 for the 1994 election cycle, in which the G.O.P. captured both the House and the Senate...
John Ruan is a big man in a small state. And since that state is Iowa, the location of the nation's first presidential caucuses, perennial candidate Dole went to extraordinary lengths to help Ruan, who owns a multimillion-dollar trucking company. In return Ruan has held fund raisers in Des Moines, and is considered an important reason Dole has won the Iowa caucuses twice. But those wins came at a price: $8.5 million. That's how much Dole saved Ruan in taxes by retaining for Ruan the 10% investment tax credit that was taken away from virtually everybody else...
There aren't many sugarcane growers in Kansas. Yet Dole went out of his way to help Palm Beach, Florida, resident Jose ("Pepe") Fanjul, one of the world's major sugar producers, who, with his companies and clan, has given Dole and his pac more than $62,000 over the years as well as $419,000 to the Republican Party since 1991. Dole opposed a plan last winter to tax Florida cane growers 2' for each pound of their product to help restore the Everglades, which is dying from the phosphorus runoff of sugar plantations like Fanjul...