Word: overtax
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Dates: during 1980-1989
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...have to be paid back by the thrifts, which are already paying about $3.5 billion a year to replenish the deposit guarantee fund. Says a spokesman for the U.S. League of Savings Institutions, a powerful industry lobbying group: "All we're asking for is a plan that doesn't overtax the industry...
...mass exodus of hundreds of thousands of laid-off migrant workers --mainly Egyptians, Palestinians and Pakistanis--from the Persian Gulf could overtax their native lands and stir political unrest. While singling out no particular country, Secretary of State Shultz cautioned last week, "History teaches that nations in deep economic distress are more vulnerable to political instability, to the simplistic appeals of demagogues who preach siren songs of war and confrontation as a diversion from home...
Several states have tightened eligibility rules and hiked employer taxes as their funds dried up, but they still find themselves increasingly in debt to Washington. One reason: state officials are reluctant to overtax businessmen, who may then decide to relocate to a state with lower taxes, thus throwing even more people out of work and shrinking the tax base. Says William Heartwell, executive vice president of the Interstate Conference of Employment Security Agencies: "With the economic competition between states today, anyone who passed a tremendous employer tax would suffer a devastating impact...
Whites as well object that newcomers overtax the housing (the vacancy rate in Dade County is less than 1%), the over burdened schools and other public services. Beyond the matter of fairness to American blacks and other minorities, the new Cuban infusion raises questions about what is fair to other refugees and immigrants. Millions of people around the world want to get into America; they pay the nation the compliment of a sometimes desperate yearning to settle here. There are now 9 million foreigners applying, and only a small percentage of them will get the chance to enter...
...without insisting on the difference between academic and political activity even if at heart most of them do seem to care about the difference. Others will be misinterpreted as if they were careless of academic freedom. Though the academic classes usually prefer distinguish to inventing, this problem seems to overtax their capacity for distinction. We should not expose ourselves to repeated occasions for disagreement, bluster, and bitterness over something that is fundamental to us in exchange for something that contributes almost nothing to our basic endeavor as a university. It's a matter of common sense. So, once again, Harvard...