Word: incurability
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...Until the law changes, plan your FSA for costs you are sure to incur, such as deductibles and scheduled orthodontia for the kids. Multiply that amount by your tax bracket (say, 28%), and add that amount as a reserve. Even if you never spend a dime of the reserve, the tax savings on your contributions ensure you'll be no worse off than if you hadn't enrolled. And odds are you'll tap the reserve - even if you don't wear glasses...
...argue that the damages of a second Gulf War would outweigh its benefits—that the number of American soldier and Iraqi civilian lives to be lost, not to mention the desperate measures such a war might inspire in the hearts of terrorists, is simply too great to incur. And if we come to this conclusion, then let us not hesitate in our condemnation of military action. But the fact is that no sane supporter of human rights and democracy can deny that the world is better of without Saddam Hussein in a position of absolute power over...
...will not find the going easy. Japan's construction boondoggles come rigged with booby traps for those who try to dismantle them. Former Governor Yukio Aoshima of Tokyo, who campaigned in the mid-1990s against a ruinous bay project, was forced to retreat when he found that cancellation would incur hundreds of millions of dollars in penalties...
...MAKE COMPANIES ACCOUNT FOR EXPENSES THEY INCUR WHEN THEY GIVE STOCK OPTIONS TO EMPLOYEES Currently, stock options do not count as a corporate expense, even though by granting them companies dilute the holdings of existing shareholders--a real cost. Experts such as Warren Buffett and Alan Greenspan have argued that all publicly traded companies should count stock options as an expense. Yet today among big companies only Boeing and Winn-Dixie do so. Why? The current system is so lucrative for company executives, who reap the lion's share of stock options, that few will make the change unless forced...
...start borrowing our way into oblivion. Outside of Social Security and Medicare, the federal budget was already slipping into the red due to the economic downturn and the war on terrorism, neither of which seem to be going away anytime soon. And every dollar of debt we incur today—along with every Social Security or Medicare dollar that gets lost on the way to the trust fund—will make it that much harder to pay for these entitlements when the baby boomers retire. But Bush needn’t worry; by that time he?...