Word: ideals
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Dates: during 1980-1989
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...ideal free-market tax system would be no taxes at all. Taxes discourage productive activity: working, saving, investing. Even President Bush, though, seems to recognize that we can't borrow the entire federal budget. So taxes are necessary. In real life, the ideal free-market tax system is one where taxes affect people's economic decisions as little as possible. That is, a tax system that leaves the world looking as much as possible like one with no taxes...
Although they are now ostensibly taxed at the same rate as other income, capital gains already get favored treatment in two ways. First, they are only taxed when an investment is sold, unlike interest and dividends, which are taxed every year. An ideal free-market tax system would leave an investor indifferent between, say, a savings account paying 10% a year and a stock expected to rise 10% a year. But tax-free compounding means that, for a top- bracket taxpayer the after-tax profit on the stock will be 45% bigger after 20 years...
...gazelle on a home- run trot. Openhearted and canny, the film offers few answers, takes no sides. It paints the yups, Linda and Michael, as decent, attractive people. Their friends' kids may run wild in a toddler road show of Lord of the Flies, but the Spectors seem ideal parents-to-be. Yet they can't be biological parents. Every month Linda says, "I spend two weeks whacked out on fertility drugs, two weeks depressed that they don't work." In the bathroom, Michael opens a specimen jar, picks up a well-thumbed copy of Penthouse and sighs. There...
...line from Martin Luther King Jr.'s "I Have a Dream" speech, the line, partly borrowed from the Bible, that said, "We will not be satisfied until 'justice rolls down like waters and righteousness like a mighty stream.' " It occurred to her that water would be an ideal element for a hot climate, that its calm, soothing quality and quiet, constant sound would be perfect for the "contemplative area" she wanted to create in front of the center, a place that would have all the tranquillity of a Japanese garden, a place "to appreciate how far the country has come...
...time of his departure, he said in a prepared statement, planning will have reached a point that is "ideal for a successor to lead the museums to the next stages in their development...