Word: pays
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Dates: during 1990-1999
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...ladder you are, the more you get -- and it?s only gotten worse for ordinary joes like me since the House and Senate bills were combined. Under the Senate bill sponsored by William Roth (who brought us the laudable Roth IRA), the middle 60 percent of American families, who pay a third of all taxes, would have gotten 33 percent of the tax breaks. Now they?re getting 21 percent. Roth had the top 20 percent of incomes, who pay two-thirds of the taxes, slated for 66 percent; now they?re getting 79 percent of the breaks. Yes, Denny...
...Class squabbling aside, most folks seem to agree that paying down the national debt -- as long as we?ve got some extra money ? ought to be our first priority. They?re absolutely right. And the polls indicate that people also think that Bill Clinton is the man to do it for them. (This impression, most likely, is the result of countless Clinton speeches about irresponsible "instant gratification" on the Republican side and safe, sane saving for the future by your friends at the White House.) Clinton keeps saying only he can save Medicare and Social Security; the Republicans say they...
...cost reductions as a taxable benefit. For example, if the enrollment fee for a college course is $4,000, an employee would be taxed on a benefit of $3,600--the difference between the true cost of enrollment and the $400 (or ten percent rate) that Harvard employees actually pay...
...both sides are headed home for a one-month recess to make their case. TIME White House correspondent Jay Branegan says each side will be preaching to the choir. "Democrats will make the argument that?s been successful with their base thus far -- Clinton is saving Medicare and paying down the debt, and Republicans are merely helping the rich." They?ve got a point: According to the Treasury Department, the middle 60 percent of American families would have gotten 33 percent of the tax breaks under the original Senate plan ?- not a lot to begin with -- but only 21 percent...
...year-old Holbrooke will have to use his new cabinet-level position to make a case for a more consistent foreign policy focus in the Clinton administration. "That?s a substantial challenge, since the President doesn?t pay much attention to foreign policy and Secretary of State Albright has been widely criticized for failing to develop a foreign policy driven by clear, long-term goals," says Dowell. "Ultimately, Holbrooke may -- like Albright herself -- use the posting as a springboard to the Secretary of State job if Gore wins...