Word: optioning
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Dates: during 1980-1989
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Wirth, who will speak this month at Harvard on environmental concerns, says a tax geared towards conserving energy might be a viable policy option for the president. He says a gasoline tax would be "smart economic policy and smart energy policy...
Still, supporters of a gas-tax increase say it has emerged as the best option for cutting the deficit. Each 1 cents per gal. would bring in $1 billion in annual revenue, according to a widely used rule of thumb. Rostenkowski last month suggested a 15 cents-per-gal. increase but would probably settle for less. To ease the burden on low-income motorists, Rostenkowski would provide them with income tax credits. Says Rostenkowski: "I don't think it's as regressive as people make it out to be." Advocates of the tax also point out that by throttling back...
...worse," says economist Lester Thurow, dean of M.I.T.'s Sloan School of Management. For instance, Congress will be loath to fiddle with personal income tax rates so soon after the landmark Tax Reform Act of 1986. And while additional "sin" levies on alcohol and tobacco will be an option, they would raise far less revenue than a comparable gasoline-tax hike. At the same time, a national sales tax would be a complex experiment that lawmakers seem unlikely...
...committee banned the use of kicking tees on field goals and extra points. The committee also changed the option of assessing a penalty after a scoring play. If a penalty occurs after a touchdown, teams now have the option of having penalties assessed on either the point-after attempt or the ensuring kickoff...
...think that the concept of a dry campus turns our residence hall staff into police and creates even more of a barrier between the students and the staff," Palmer said. "Certainly recommending a dry campus is an option, but I would consider it a last resort...