Word: gain
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Dates: during 1990-1999
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...threshold for wealth. Provisions for education and child tax credits and dream IRAS are phased out at household-income levels between $80,000 and $160,000. With that much income, lawmakers presume, families already have enough money invested in things that will be sold for a capital gain. That's the bone that was thrown to the wealthy--a lower capital-gains tax rate. It's a valuable bone, for sure. The catch is that you have to be invested in order to gnaw on it. The superwealthy will do fine buying and selling things. But many wage slaves just...
...corporate image tattered and torn by three days of high-voltage clashes with striking Teamster workers, UPS hopes to gain leverage at today's negotiations by wheeling out a battery of alums eager to tell the media about their "favorable UPS experience...
...only shift money out of less favored forms of savings. As for college-tuition tax breaks, Richard Murnane, an education professor at Harvard, fears they will turn into "subsidies for middle-class parents sending kids to college. Most middle-class parents do that already, so there's not much gain." Then there's the law of unintended consequences. Much of the benefit of tax credits or deductions could go to college administrations rather than students or parents--because the colleges might be encouraged to raise tuition still higher...
...Saddam Hussein offers proof that he has nukes, and says, by the way, he'd really like to rule Kuwait. Oil prices soar. No one thinks about inflation; it's dead. The Dow jumps to a 265-point gain, led by Chevron and Exxon...
...which for some reason didn't offend the couple enough to sue.) Moore and Willis have also taken action against an Australian magazine called New Idea, which said Demi's obsession with fitness and an eating disorder were rupturing their happy home. "We are not filing this for financial gain," says Willis about the $5 million suit, "but to protect our reputation...