Word: offseting
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Dates: during 1990-1999
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Like any sales taxes, VATs are said to be "regressive" because they fall more heavily on middle-class and poor people, who spend most of their earnings on goods, than on the rich. Some countries have partially offset this tendency by exempting the essentials -- food, health and housing -- from VATs. Clinton communications director George Stephanopoulos was disinclined to get into that sort of detail on a topic so vulnerable to bipartisan attack. Instead he chose vigorous and decisive obfuscation. "If a decision is made to go forward with something like that, it's certainly something the President will explain...
...labor groups who fear the flight of manufacturing jobs to Mexico are understandably disconcerted at the prospect of further unemployment. Indeed the number of jobs projected as being lost approach a quarter of a million. The gains in American auto parts, computers and industrial machinery, however, should more than offset losses in other sectors. It will be a difficult adjustment for the affected sectors, but this should be a particularly opportune time for the administration to implement a strategy for upgrading factors of production. Surely a palatable political solution can be reached...
...last ten years, which means that even fewer well-qualified Black faculty members are available to augment Harvard's faculty ranks than before. From 1977 to 1986, the number of Ph.D.'s awarded annually to Black males dropped by more than half, a decline that was only slightly offset by a 15 percent increase in the number of doctorates awarded to Black women. And according to the National Science Foundation, in 1987 Blacks earned only 222, or 1.8 percent, of the 12,480 doctorates awarded to U.S. citizens in graduate science and engineering. The number of Hispanic science doctorates remain...
...studies. In 1986 it released a report claiming that the 20% decline in deductibility would prompt a 6% drop in annual sales and job losses of more than 400,000 per year. As a result, the argument went, any gains to the Treasury would be more than offset by lost revenue from income and sales taxes...
...scarcity of 10-man parties has been partially offset by the installation of a bar in the fourth floor Bingham common room by Sandoval's rooming group. "We go permission after the fact," Sandoval says...