Word: extendible
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Dates: during 2000-2009
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More specifically, health-care advocates need to abandon ethics that prioritize the self over the common good in order for their efforts to bear fruit. Such privileging of autonomy extends from a series of judgments latent in contemporary common wisdom about morality—first, that each person should be free to pursue his desires so long as he does not harm anyone else; second, that such desires cannot be judged inferior to those of someone else. Taken together, these two judgments mean that health-care reform is incompatible with our national moral ethos. Public option or not, finding some...
Congress is moving to make those tax losses even more valuable. Typically, when a company loses money, it can apply for a refund of the taxes it has paid on profits over the past two years. However, Congress is moving closer to extending the so-called tax loss carryback provision to five years, instead of two. Senate majority leader Harry Reid recently threw his support behind the extension of the tax refund, adding it to a bill that would extend unemployment benefits. On Nov. 2, the Senate voted to close debate on the bill, which means a final vote...
Congress is under the gun from homebuilders and Realtors to extend the $8,000 first-time home buyers' tax credit beyond its Nov. 30 expiration and even expand the credit to existing homeowners - a move that could happen before the week...
Congress is mulling plans to extend the $8,000 first-time home buyers' tax credit to April 30 (which covers home purchases closed by June 30) and to allow individuals with incomes of up to $125,000 (or $250,000 for couples) to apply for the credit, up from the previous threshold of $75,000. Also, a proposal is on the table to offer a new credit - $6,500 - to move-up buyers who have lived in their home for at least five years. The Senate is near a vote on its version, which includes an extension and expansion...
...think they greatly overestimate the beneficial impact of it," concurs Michael Widner, an analyst at Stifel Nicolaus & Co. "I think that the people who were going to buy have already been lured in by the tax credit. As we extend it each additional month, you'll get a smaller and smaller effect." Also, while some experts applaud the idea of extending the credit beyond first-time buyers, they wonder if the $6,500 credit is large enough to make a serious dent. "The move-up buyer is buying a more expensive product and yet the amount of money being offered...