Word: offsets
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Dates: during 1980-1989
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...neighbors won a drastic reduction-to a maximum of 40,000 square feet-in the amount of retail space in the complex. Worried that the store and shops would attract the most cars, community opponents were willing to allow increases in the amount of housing and office space to offset the retail reductions...
...credit for individuals and businesses to offset next year's hefty jump in Social Security payroll deductions. This break would be worth $106 to a family earning $20,000 and $155 to one earning the $29,700 maximum that is to be taxed that year for Social Security...
...proposals could cost the Treasury up to $8 billion in forgone revenues next year. In addition, the President will propose a $14 billion to $16 billion cut in individual income taxes to offset the $15 billion Social Security tax increase that will occur in January...
...consumer prices did not increase in July. That was the first month that the cost of living had not risen in more than 13 years. But experts quickly admitted that this was a statistical fluke. The cost of food, automobiles and medical care continued to soar, but that was offset by the 5.7% decline in mortgages. Thus the prices that most people pay most often are still rising...
...tool companies in Houston earn him more han $100,000 a year, protects part of his ncome through a second business venture that leases air compressors to oil-well operators. The oilfield equipment benefits from complex tax credit carry-forwards and depreciation, thus accumulating losses that are used to offset his leasing-company profits. Says Hibbs proudly: 'We've never paid a dime in taxes on those profits...