Word: growing
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Because these base amounts do not rise with inflation, the number of retirees subject to the triple tax will grow each year. As a result, the tax will eventually hit many who can ill afford to pay it. And this is happening at a time when an increasing number of Americans are forced to work past their planned retirement age because of depleted pensions and retirement accounts. For 2000, 7.7 million individuals and families with incomes below $75,000 were taxed on their Social Security checks...
...recently introduced accounting standard, FRS 17, which requires U.K. firms to disclose their pension-fund assets and liabilities. Some fund managers note that FRS 17 numbers differ from longer-term actuarial calculations, and complain that the annually reported standard is short-sighted; after all, should equity markets grow for a sustained period, the current shortfalls could be erased. In the Netherlands, corporate and industry occupational pension schemes have lost about 44% on their equity investments. But, says Ophélie Mortier, a funds expert with Pragma consulting in Brussels, the strategy of Dutch funds "is to outlast the slump, then...
...surveys the basketball court and confesses, "I don't see another Yao Ming here. We x-ray their hands when they're quite little, and from the length of the bones we can predict how tall they will grow to be. They all have the dream, but the fact is, we don't have anyone here who is going to grow above 2 meters." That's nearly 0.3 meter shorter than the orbiting Rocket rookie...
...Every addition to the philosophy department is significant considering our relatively small size,” said Simmons. “We’re hoping to continue to grow...
...deployments: The U.S. and Britain will struggle to maintain such a large force on standby in the region through the summer Politics: Support for a war is beginning to ebb domestically and opposition abroad and at home is rapidly mounting - and both trends are more likely to grow rather than shrink the longer the decision is deferred Economics: The prospect of war is having a profoundly negative effect on U.S. and world markets, and continuing uncertainty over Iraq dampens prospects for a U.S. recovery...