Word: reliefer
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...kill the tax on dividends rather than offer double-tax relief to a broader swath of Americans? The Bush Administration makes the argument that tax relief for investment income is better for the economy than relief for paycheck income. A White House spokeswoman told TIME, "Taxes on capital are very inefficient. So your bang for your buck in terms of lost revenue compared to the amount of jobs and growth that would be created by removing the tax on capital is very high...
...State of the Union address on Jan. 28, President Bush called for $15 billion to fund his Emergency Plan for AIDS Relief (Real World, “Bush Delivers State of the Union Address,” Jan. 29). This five-year plan will seek to work with both private and public organizations in Africa and the Caribbean to educate, prevent and treat the AIDS virus. I applaud the president for this strong commitment to fighting AIDS overseas...
...will depend on the stability of a post-Hussein regime,? Francois Trahan, chief investment strategist at Bear Stearns, writes in a report this week. As for the broader market, ?we would not expect a quick military victory to completely eliminate risks." At best, "it will bring a sigh of relief to equity investors and refocus attention on the fundamental backdrop." A backdrop which still includes the earnings woes and slender profits that beset much of corporate America with or without the uncertainty in the Middle East...
...believes will stimulate the economy. A central focus of his new tax cuts to bolster growth is the elimination of taxes on stock dividends paid to investors. But because stock owners are disproportionally wealthy, under this new proposal, the richest one percent of Americans would be granted more tax relief than the bottom 95 percent of taxpayers combined. Surely, making the first perogative in tax cuts easing the burden of the rich is not the most effective way to aid citizens who are in dire need of economic relief. Ironically, putting money in the hands of the poorest Americans?...
...tunnel will undoubtedly provide relief for the city’s perennially congested traffic and be welcomed by countless Harvard students who make the trip between campus and the airport...