Word: dollarized
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...says Pollack. "When they're in the doughnut hole and they pay 100% of their drug costs, they still have to pay the monthly premium. So this is like going to a gas station and all of a sudden there's no gas going into your car, but the dollar signs keep on going up." If frustration with the Medicare drug program reaches anywhere near the anger at the pumps, the Bush administration's celebration could turn out to be premature...
...will be 45 cents and the income threshold will be above $A150,000 (with only 1 in 50 taxpayers to be in the top bracket). The overall tax mechanics are such that 80% of workers will pay no more than a top marginal rate of 30 cents for every dollar earned...
...consider the many disincentives to work that have become entrenched in the tax and welfare systems. The withdrawal of certain (means-tested) benefits as income rises leads to high effective marginal tax rates. For some families in the middle-income tiers, it means they lose 70? for each extra dollar earned. So a second earner, usually a woman, is discouraged from seeking work. That may be O.K. for Howard's coffee mums, but for many women with education and skills, there is no effective choice at all. A tight labor market and an ageing society need their talents; if they...
...hovered around HMC in the past few years. The warm reception received by El-Erian was in stark contrast to a similar speech given by former HMC chief Jack R. Meyer in Lamont Library slightly over two years ago. Meyer was greeted outside by protestors outraged by multi-million dollar salaries paid to endowment managers, and faced questions about HMC’s external management and compensation structures. El-Erian, who has told The Crimson that both will remain unchanged, faced a welcoming audience as he expressed bold views. “What I’m going...
...this has all played out, in such a short amount of time, is even more surprising.”A call for comment placed to Viswanathan’s cellphone yesterday was not returned.LETTER OF THE LAWWhether Viswanathan is allowed to keep her share of the reported half-million-dollar advance depends on the terms of the contract, according to Justin Hughes, the director of the intellectual property law program at Yeshiva University’s Cardozo School of Law. Alloy Entertainment, a book-packaging firm that helped the sophomore develop her novel, reportedly received part of the advance.Pietsch told...