Word: gao
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Dates: during 2000-2009
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According to the federal General Accounting Office (GAO), 60 percent of U.S. companies did not pay corporate taxes between 1996 and 2000. Wasn’t that during a boom, you ask? Was that not the time during which government coffers should have swelled with the fruits of that juicy 33 percent corporate tax rate? It certainly should have been. Unfortunately, economics has once again shown that the incentives and rewards in the private sector are taking all the talented loophole-leapers away from the public sector, leaving public funding high and dry. Sen. John F. Kerry, D-Mass., said...
...What I really hate is that you can’t take higher level courses like ‘Comp. Lit. 220’ and have them count for Lit and Arts A,” says Victor Y. Gao ’04. “For people who have experience and want to be able to do something higher, they should be able...
...petition officials? Denying justice is a crime and a violation of human rights. Critics shouldn't say the poor petitioners are being unpatriotic and are damaging China's image. Being a patriot does not mean being blindly loyal, nor does it mean you must give up your rights. Cherry Gao Yingzhi Hong Kong...
...face of expensive failure after failure. None of this is compatible with price controls." But no one really knows how the money is spent. Indeed, the industry has refused to open its books to government auditors and once waged a nine-year legal battle with the General Accounting Office (GAO), Congress's investigative arm, to keep the information secret. Congress could subpoena the information but has refused to do so, in no small part because of the power of the pharmaceutical industry lobby...
...headed by Republican Senator Connie Mack of Florida, summed it up: "The Federal Government, mainly through the NIH, funds about 36% of all U.S. medical research ... Of the 21 most important drugs introduced between 1965 and 1992, 15 were developed using knowledge and techniques from federally funded research." A GAO report last year on Taxol, which had worldwide sales of $6.2 billion from 1998 to 2002, noted, "Through a collaboration with NIH, [Bristol-Myers Squibb] benefitted from substantial investments in research conducted or funded by NIH." The collaboration "provided the company with research results that enabled [Taxol] to be quickly...