Word: reform
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Greek Prime Minister George Papandreou has put tax reform at the heart of his austerity plan, and says his government is serious about fixing the roots of his country's current economic predicament. He says Greece will tackle its deficit without the deep government-wage or job cuts that other heavily indebted European countries, like Ireland, Spain and Portugal, have recently announced. Instead, Athens will pursue tax evaders. "Greece's problems," Papandreou told journalists at a press conference marking his first 100 days in office, "are due to waste, corruption and lack of respect towards...
...pinning its hopes on increasing tax revenues. Some of that will come from new taxes on items such as luxury goods and fuel. But Athens also insists it can raise $1.67 billion in the short term by cracking down on tax evasion. The government has promised a radical reform of the country's complex and inefficient tax system and says a comprehensive new law, which is intended both to simplify the system and to spread the tax burden more fairly, will be presented this month...
...convince its European partners it is working to end its crisis, George Pagoulatos, a professor at the Athens University of Economics and Business, says the mess may have a positive side. For the first time in recent history, he says, there's widespread consensus in Greece that radical reform is needed. "Now it's a choice between survival and nonsurvival of the state," he said. "The range of dissenting choices is limited...
Although the NIH and NSF could always use additional funds, and while we laud the president’s ongoing crusade to expand the availability of higher education to low-income students, we reiterate our belief that fundamental reform is needed to rectify the unforgivably inadequacies of American education. Such reforms include expanding charter schools in order to encourage innovation, instituting merit-based pay for teachers in order to incentivize excellence, and raising teacher salaries to attract the best-qualified candidates to the teaching profession. The president’s Race to the Top program, which provides monetary incentives...
...over 1,300 complaints filed about the Prius models on the U.S. National Highway Traffic Safety Administration website as of Monday. Toyota's North American president Yoshi Inaba is scheduled to testify in Washington on Wednesday over the company's safety record at a House Oversight and Government Reform Committee hearing...