Word: enjoyments
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Dates: during 1980-1989
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...called lock-in effect. (Although, please note, this is exactly the opposite of one argument usually heard for a capital-gains break -- that we need to encourage long-term investment.) What would reduce the lock-in effect even more, however -- without adding to the favorable treatment capital gains already enjoy -- would be to tax capital gains at death. People would then know that their gains could not escape tax forever...
Every country has its rich and poor, but in Latin America the gap between them is especially vast and is growing worse. The richest 20% of families enjoy a more extravagant life-style than that of the upper class in such industrialized countries as the U.S. and Japan. On the other side is an enormous group, 60% to 80% of the population, whose situation is approaching the despair of sub-Saharan Africa or Bangladesh. Of Argentina's 32 million citizens, close to 10 million are below the poverty line (a family income of less than $100 a month...
...guests have gathered on Indian Island off the coast of Devon, England, ostensibly to enjoy a quiet weekend with a host whom none of the invited can clearly remember, the mysterious Mr. Owen. Their trip takes a turn for the worse when the Butler (Tom Tremoulet) plays a record in which "Mr. Owen" accuses each of the assembled company of murder and promises that they will pay for their crimes...
...looking for people we enjoy being with, and that cuts across any social, economic, religious or ethnic barriers," one would-be fraternity founder told The New York Times last week. The student's sentiment--echoing a familiar plea at this large College--is natural, even admirable, but his would be method is not. Pursuing the end of social contact, fraternities create the illusion of trading in the difficult, human endeavor of understanding each other in the real world for the phony bonhomie of a club...
This opponent has a slight problem with that proposition. A legacy implies a historical perspective. When he left office, Reagan was supposed to leave the limelight and enjoy profound conversations by his poolside in Bel Air. Historians could judge, and journalists could cover the new President...