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...years or so until the baby-boom retirement hits us full-force.) The fight is over that last trillion (give or take a few hundred billion). Republicans want to give $792 billion of it back to the people, and Clinton wants to spend a nearly equal portion -- $750 billion, by some calculations -- on defense, on education, on new Medicare benefits like prescription-drug coverage. He?s willing to cut taxes a little, and Republicans are willing to spend a little, but that?s essentially...

Author: /time Magazine | Title: I could use the money. So could you. Why a big tax cut still isn't such a great idea | 8/6/1999 | See Source »

Students would also directly benefit from a portion of the legislation which allows individuals to earn tax credits for interest on higher education loans for the life of the loan, effectively repealing a current 60-month limit...

Author: By Joshua H. Simon, CRIMSON STAFF WRITER | Title: Tax Reform Legislation Pleases Educators | 8/6/1999 | See Source »

...administration does oppose the IRA deduction for charitable contributions, the establishment of private prepaid tuition plans and--most vehemently--a portion of the ESA reform that would allow for deductions to be spent on K-12 education...

Author: By Joshua H. Simon, CRIMSON STAFF WRITER | Title: Tax Reform Legislation Pleases Educators | 8/6/1999 | See Source »

...looks as though the little boy who saluted is lost. Adopted by the world at a funeral, the funeral, that day in 1963, he grew up into the handsome, adored, underachieving creature of the tabloids who, with a heaping portion of the Kennedy charm, blithely steered that over-scrutinized life into something pleasant. He founded a magazine, not a particularly brilliant one, and by all accounts has had a grand time running it. He dated actress Daryl Hannah and then married a model-like fashion-industry darling, and finally all the girls in New York had to stop daydreaming about...

Author: /time Magazine | Title: Another Generation, Another Tragedy | 7/17/1999 | See Source »

There are policies that could reduce greenhouse emissions and at the same time boost economic growth and raise living standards. One such policy, called an environmental tax shift, would move a portion of the tax base away from income, wages and profits and onto pollution and fossil-fuel consumption. Tax shifts greatly reduce the economic costs of emissions reductions because they use market mechanisms rather than regulation to drive changes in behavior, and they also provide a way to reduce taxes on income and profits. M. JEFF HAMOND, DEPUTY DIRECTOR Incentives Program Redefining Progress Washington...

Author: /time Magazine | Title: Letters: Jul. 12, 1999 | 7/12/1999 | See Source »

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