Word: ownership
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Dates: during 1990-1999
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...Raise income criteria in first-time home ownership programs, allowing working-class families to participate, while providing different levels of interest rate subsidies...
Never before have stocks been so important a form of wealth for so many Americans, whether they hold shares directly or through mutual funds and 401(k) accounts. Forty-three percent of adult Americans hold stocks, the broadest ownership ever. And Chris Varvares, president of the forecasting firm Macroeconomic Advisers, traces more than one-third of the growth of consumer spending last year directly to the wealth effect. Economists calculate that investors tend to spend about 4 [cents] of every dollar they gain in stock-market wealth...
...paying it back through future royalties. So the loan--the up-front money--is free of income tax and in fact can generate a tax deduction: forfeiting royalties is partly an interest expense, deductible if the loan is used for investment. Once the bonds mature, the celebs retain ownership of the property that generated the royalties. If the royalties are greater than expected, the bonds get retired early. So the celebrities get all the upside...
...take strong exception to your portrayal of firearms as "murderous little fixtures." One such fixture kept my wife from being raped several years ago. And the claim that firearms are a cause of the U.S.'s high violence rate is misinformed. Some countries with firearms ownership comparable to that of the U.S. have low crime rates, while nations with strict gun control can end up with high crime statistics. The fact is that income, racial tensions and education, among myriad other factors, contribute far more to crime than the availability of firearms. DAVID O. HUNT Sandusky, Ohio...
...four handguns, which I fire regularly at a range. I'm not an anti-gun wimp. In France there are stringent rules about gun ownership. France has urban crime, terrorist attacks and underprivileged minorities. Yet people here are not offing one another with guns at an alarming rate, and that's probably because it's not easy to get your hands on one. The n.r.a. and other mindless "patriotic" organizations that encourage the widespread proliferation of firearms are prime contributors to the U.S.'s shocking death toll. It would appear that Heston, who has run out of Saracens and Egyptians...