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Word: imposts (lookup in dictionary) (lookup stats)
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...should be considered a "user fee," calculated to make those who drive on federally financed highways pay for their upkeep. The contention has some merit, but its real point was to avoid that awful word tax. Stockman countered by arguing that whatever it might be called, using a federal impost to finance repair work done by states and localities would violate Reagan's New Federalism concept. The President, however, recalled that as Governor of California he had agreed to an increase in the state gasoline tax that was rebated to localities. Said Reagan: "It didn't violate my basic principles...

Author: /time Magazine | Title: How Reagan Decides | 12/13/1982 | See Source »

When Carter announced the impost in March, he based his action on the 1962 Trade Expansion Act, which allows the President to limit imports to protect national security. But five Congressmen and a variety of industry and consumer groups brought suit, charging that since the fee would apply to gasoline refined from domestic as well as foreign oil, it was not covered by the 1962 law. The judge agreed. Only Congress, he said, had the power to raise the tax on domestic oil, and it had clearly indicated its opposition to the land of fee the President ordered. Ruled Robinson...

Author: /time Magazine | Title: Business: A 10 | 5/26/1980 | See Source »

...seizing loot, capturing prisoners to ransom, securing bribes in return for mercy shown, and, it would seem, as an excuse to extract additional taxes. Yet the levying mechanism of the emerging nation-state was still not refined. In Paris, for example, heralds on horseback would announce yet another impost, then gallop for their lives. Violent revolts by commoners troubled both France and England...

Author: /time Magazine | Title: Books: Welcome to Hard Times | 9/18/1978 | See Source »

...consumers of natural gas and electricity in order to save even more fuel. Under one idea now being considered in Simon's agency, consumption in excess of a certain amount-perhaps 85% of what was used during a base period last year-would be subjected to a heavy impost...

Author: /time Magazine | Title: POLICY: Getting It Under One Roof | 12/17/1973 | See Source »

...moving mass of color, half a dozen horses still in contention coming up to the final hedges of the $50,000 Temple Gwathmey, the richest steeplechase in the world. Then, as if he were tired of company, a steel-muscled brute named Neji shouldered his all-but-impossible impost of 173 lbs., sailed over the last jump like a larking colt, sprinted down the Belmont stretch and won by seven lengths...

Author: /time Magazine | Title: Sport: Pat & Mike at the Races | 10/28/1957 | See Source »

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