Word: profitable
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Dates: during 1990-1999
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This issue is not one of fairness per se, though many argue that it is not fair for a tax-exempt institution, perhaps the wealthiest university in the world, to make what some estimate to be a 600 percent profit (rather than the current estimated 30 percent) at the expense of Cambridge residents...
...doing reduced his charges to one misdemeanor conviction of withholding information. "HUD has been a hotbed of scandal for some two decades," notes TIME's Anne Blackman. "A lot of federal dollars were being spent in some of the poorest areas, and some rather unsavory characters were able to profit by HUD. However, through vouchers and agency downsizing, Secretary Henry Cisneros has been quite successful at cleaning things up." Watt's sentencing hearing is scheduled for March...
...miserable death. His own proposal, which depends on shifting millions of seniors into managed-care programs, bears enough resemblance to Clinton's that he knew he had to be very careful. And, indeed, even as the Republicans were working on their plan, the lobby working on behalf of for-profit hospitals was preparing to spend millions on attack ads. They built the poster boards and met with the ad agencies. "We probably could have put ads out in a week," says hospital lobbyist Tom Scully. But they never went on the air, despite the fact that hospitals would take...
...revolutionaries have also voted to reduce taxes on the less than 1% of Americans who inherit property worth more than $600,000, a reduction that would cost the Treasury $27 billion during the next decade. Capital-gains-tax reductions directly benefit only the 7% of mostly wealthy households that profit each year from the sale of stocks, real estate and investments other than their home. Meanwhile, the Republican Congress has voted to raise taxes on the working poor by cutting the earned income-tax credit...
Yale University is not a profit-making institution. It can't boast of vast stock gains that it should be sharing with its students and employees. Its endowment is roughly one-third the size of Harvard's. To attract bright graduate students (especially when competing with Harvard), it must already offer financial aid at the bounds of its capabilities. Not only does GESO not have a case for unionization, but it wouldn't stand to gain much even if it succeeded...