Word: minimum
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Dates: during 2000-2009
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...that of last semester—undergraduates hosting weekend parties will be able to apply for up to $100 in funding—this semester’s bill prohibits Greek organizations, final clubs and House Committees (HoCos) from receiving council money and cuts a provision requiring that a minimum of 49 people attend funded parties...
MONEY: How to avoid the alternative-minimum tax; flying in the cheap seats with...
Tucked inside the 2005 budget from the Bush Administration is a proposal that may prompt you to sigh with relief if you have feared being hit with the alternative minimum tax (AMT). It's a patch--not a full-strength remedy--for a complicated tax that was designed to prevent the wealthy from avoiding taxes but is increasingly hitting the wallets of middle-class taxpayers...
...average family of four earning $50,000 to $75,000 a year can very likely be subject to alternative minimum tax for reasons they would never expect," says Barbara Raasch, a CPA and partner at Ernst & Young. Deducting property taxes in a high-tax state, like California or New York, can push you into the AMT. The same is true of many other deductions, such as state income taxes, medical bills and business-related expenses...
...House Democratic operative, to craft a more combative legislative strategy. Instead of going along with bipartisan compromises, the plan is to introduce more "message" legislation to rally the Democrats' base and force Republicans into unpopular votes. Senator Ted Kennedy plans to introduce a bill next week to raise the minimum wage to $7 an hour, and he plans to attach it to the next measure the Republicans want to push through the Senate. Democrats last week pounced on N. Gregory Mankiw, chairman of Bush's Council of Economic Advisers, who said the outsourcing of U.S. jobs was "a good thing...