Word: rich
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Dates: during 2000-2009
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...fund and private-equity managers receive. This has placed Senate Democrats, who will next take up the measure, in a quandary. They are compelled to fix the alternative minimum tax (AMT), which hurts big swaths of the middle class even though it was created to ensure that the very rich could not entirely escape paying income tax. But in doing so, the Democrats might have to raise taxes on a particularly lucrative donor base...
...remainder of the undergraduate tenure, Harvard pride makes a triumphant re-entry only four succeeding times: each year on the weekend before Thanksgiving. For the rest of the time, Harvard students are sometimes critical of, often self-deprecating about, but mostly oblivious to their college’s rich past...
...men—and recently, women too—who have come before us, whether presidents, renowned scholars, or the captains of Harvard’s seven national-championship football teams, should inspire not only a sense of pride but a sense of duty. We have succeeded to a rich inheritance and thus are responsible for a sacred trust, for the work assembled over generations—one that we should hope to transmit not only intact but even more abundant to the next era of Harvard students...
...nations' shared border. Rahman, however, sees a silver lining: Bangladesh's fleeing multitudes can help feed the West's need for cheap labor as its own population ages. "The globalization of the climate process will force the globalization of the demographic process," he says. And if the rich world is not ready to let in millions of Bangladeshis looking for somewhere dry to live? "The rich world caused this problem so they're going to have to pay for it," says Rahman. "I've started telling my colleagues from Europe and Canada that we might have to introduce a system...
...billion measure at issue, passed last week by the House of Representatives, is the latest one-year band-aid to fix the AMT. Created in 1969 to ensure that the rich would pay at least a minimum amount of tax annually, the AMT has ended up walloping an increasing share of the middle class. This year 21 million "ordinary" Americans will be hit by it if Congress doesn...