Word: returns
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...hard to know just how much that $400 billion in losses will end up lowering corporate America's tax bill. Companies are allowed to record tax credits for current losses and use those credits to lower their bill when they return to profitability. If companies have more tax credits than profits, they are allowed to carry those credits forward for up to 20 years or until they are used up. (See 10 ways to spend your tax refund...
...limit construction of settlements on Palestinian-claimed land (above). The comment sparked an outcry from Arab leaders, who accused the Administration of backtracking on previous demands that Israel institute a complete freeze. Though Israelis have agreed to resume peace talks without preconditions, Palestinian President Mahmoud Abbas has refused to return to negotiations until all settlement construction is halted...
...reduction will return staff levels to what they were before Harvard’s spending spree of recent years that focused on campus and faculty expansion. But Hatch and Lajoie said they have no way of knowing yet whether the merging of staff members will in fact save FAS money...
...qualified candidates seek to enlist and the military can temporarily rely less on waivers for those with academic deficits or criminal records. But a weak economy is no formula for a strong military. Once the economy begins to grow again, the challenge of finding enough high-quality recruits will return...
...White House argues that some progress has been made: Iran is on the defensive, and North Korea has said it will return to the six-party talks. Clinton argues, correctly, about the need for "strategic patience." But the only thing Obama really has to show for his efforts so far is a Nobel Prize for Potential and - no small thing - the wisdom to have refrained from doing anything so wildly stupid as invading Iraq. The President has been willing to use military force - the Predator drones that have decimated al-Qaeda's leadership testify to his lack of squeamishness...