Word: offsets
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...enamored of it. Sales taxes are regressive: poor people who exhaust their earnings on taxable goods and services will be hit harder than the well off, who spend less of their disposable income. And although the per-student minimum gave it the appearance of egalitarianism, that impulse seems offset by a loophole exempting the state's 40 wealthiest districts from limits on per-pupil spending. Furthermore, sales-tax revenues are notorious for sudden plunges when consumer spending slows down during a recession. Warns Raymond Mackey, a regional director of the American Federation of Teachers, which opposed the measure: "There will...
When audience size impacts the value of commercial time, Koppel said, high ratings are critical to a program's survival. Programs with high ratings can offset lower-rated programs on subjects such as Bosnia and the economy...
...deal collapsed. That was uncomfortably below the $54 a share that Bell Atlantic had pledged to pay for TCI. Malone, whose personal stake would have been worth more than $1 billion under the merger agreement, demanded more Bell Atlantic shares to offset the decline in price. But Smith, who noted that issuing more stock would dilute the value of existing holders' shares, refused to comply. "TCI is a great property," he recalled, "but we would have had to give away nearly half our company to do this deal...
...stark beauty of their music is offset by the uncompromisingly doomed outlook of their lyrics; like a lover who delicately cuts you and forces you to stay and watch yourself bleed, the Junkies draw you into a wonderful, desperate, lonely world. Their songs so often perfectly describe the physical pain of broken hearts, the lonesome, romantic path down the road of fated love...
...case, the ultimatum is narrowly drawn. It does not authorize air strikes outside the Sarajevo region. The Serbs will not even be required to lift the city's siege. NATO hopes that will happen if the Serbs can no longer use their big guns to offset the Bosnian government's advantage in manpower. But if the Serbs withdraw their artillery while keeping up the sniper fire that has killed many Sarajevans, that would not trigger air strikes. How come? Says U.S. Ambassador to NATO Robert Hunter: "We did not want to create any illusions that this will...