Word: feenberg
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Opinion is mixed about whether tax that primarily targets the rich would solve today's debt problems. "Once the marginal rate exceeds 40%, you get high levels of tax avoidance and evasion," says Daniel Feenberg, an associate with the National Bureau of Economic Research in Cambridge, Mass. (See the best business deals...
...prefers the idea of introducing a VAT, or value-added tax, and increasing payroll contributions for social programs such as retirement and disability insurance. Feenberg estimates that a 14% VAT on goods and services, similar to what exists in the E.U., would generate more revenue than the existing income...
...holders of Parker Fellowships were re-appointed, for further study abroad: Eugene Feenberg, of Dallas, Texas, for study in Physics at Munich, and Gaines Liu, of Honan, China, for study in Zoology at Northeastern University, Mukden, China. Feenberg received his A.B. at the University of Texas in 1929. Liu received his A.M. at Harvard in 1931. Clifford Ladd Professor comes from the Department of Zoology at Johns Hopkins to hold a Parker Fellowship in Physiology at Harvard next fall...
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