Word: offseting
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...spend more of their income in cash transactions. TIME Washington correspondent John Dickerson adds that another problem with the proposal is that retailers could find ways to avert the tax and there would be no national authority to catch them. Lugar contends much of the sales tax would be offset by price reductions because retailers would no longer have to pay corporate income taxes. The senator said there would be exemptions -- possibly for food, medicine and home purchases -- to protect low-income residents from loosing too much income to sales taxes...
...tempting high earners to conceal income. What some of them would prefer to see is a gradual, across-the-board reduction of benefits. One way that could be accomplished is by ending the special protection against inflation granted to Social Security pensions, which are increased every year to offset the full amount of inflation. Cost of living adjustments in most private pensions and in workers' wages are limited to part, if any, of the annual increase in prices. Why should Social Security pensioners alone be fully protected? Political clout, and no other reason...
...convention center, like Gramm's kickoff dinner in Dallas, which raised $4 million. The big events raise the most money, partly because they have the lowest average cost. Thus Alexander's 2,000-person event Monday night in Nashville should bring in $2 million in ticket sales before being offset by $150,000 to $180,000 in expenses. But that is not the bottom line. Because the first $250 of every $1,000 ticket is eligible for federal matching funds after Jan. 1, 1996, the Nashville dinner will eventually yield an additional $500,000. Total take for the evening: more...
Knowles wrote that a reduction of 20 staffpositions by FY1996 will likely be necessary tocompletely eliminate the deficit. A FAS hiringfreeze which continued through 1994 was offset bythe increase in computer support personnel...
...expert on family incomes. The way Levy sees it, politicians are rushing to the aid of a vanishing middle class that isn't really vanishing. While there has been a big drop in the number of families making $20,000 to $40,000 a year, it has been offset by a sizable increase in the number of families making...