Word: hiked
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Dates: during 1990-1999
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Clinton used his appearance before 60 people in a suburban Detroit television studio to dampen expectations of a middle-class tax cut. Meeting with business executives the next day, he floated the idea of a hike in the top corporate tax rate, currently 34%, as well as a broad-based energy tax. But the President backed away from hints that he might seek a one-year freeze on Social Security cost of living adjustments, after trial balloons to that effect caused a predictable uproar among the elderly and their friends in Congress. Clinton called on Americans to hear the "alarm...
There is some question whether the CIA spooks who have spent their careers counting crates on the docks of Soviet ports can transfer those skills to deciphering the newest details of Fujitsu's latest supercomputer or the immediate implications of a hike in German interest rates. And even if they can, the bigger issue may be whether any short-term gains by some U.S. corporations will offset the potential losses in civil liberties at home and friendships abroad. In the end, that price may be judged too high...
...confuse the Clintonic mood with a simple lie or a broken promise. When George Bush pledged, "no new taxes," and then agreed to a tax hike, he either lied in advance or went back on his word. But when President Clinton promised in his State of the Union message that he would control health care spending, expand availability of care and maintain the current quality of care, he set up goals that are inherently impossible to meet...
...could clobber regions where people drive long miles and would be "extremely regressive." The American Trucking Associations has sent out bulletins to 35,000 trucking companies to begin mobilizing for battle. "We're loading guns," spokesman John Doyle told the Wall Street Journal. The threat of a tax hike worries individuals like Rebecca Harrison, who owns a Los Angeles flooring company with four trucks that run up a monthly gas bill of $1,000. "For my business, it would mean another $400 or $500 a month," Harrison says. "It would hurt...
...Clinton's team has been against, for, and is once more against raising the gasoline tax, primarily because Senate majority leader George Mitchell opposes it. But Moynihan favors a hike. "In constant dollars, gasoline costs less now than in 1945," he says...