Word: sin
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...likely to be bitter enough for the most masochistic tastes. Besides the hefty tax increases already proposed, the President in effect has confirmed that he is likely to call for higher excise taxes on liquor and tobacco as part of his eventual health-care reform program -- and even those "sin taxes" would not come anywhere near offsetting the costs of making health-insurance coverage universal. On a happier, though still controversial, note, Clinton unveiled a program to invest $17 billion of federal money over the next five years in civilian high- tech projects. Much of the cash would be diverted...
Back home in Canada, on the other hand, we smile widely when we hear about increased taxes, particularly those that punish the wicked. Indeed, our moralistic cravings are deleriously satisfied when the 'sin taxes' on gas, cigarettes and alcohol are jacked up. Somewhere, Canadians are doubling over in laughter, thinking "Ooooh, poor America, time to pay off the bills. Poor, poor, baby. How will they ever deal with this...
...would cost: additional taxes in the range of $30 billion to $90 billion a year by 1997. The President argues that health- care reform could save large sums for the economy, but federal spending will go up. In addition to a national sales tax and the so-called sin taxes, the Administration is considering a number of other levies to recapture the savings that private companies will enjoy from a national health-care system. The taxes were described in a memo, which was leaked to the Wall Street Journal, from Clinton adviser Ira Magaziner to task-force leader Hillary Rodham...
...Steve Flomenhoft (camped out in front of net) who slipped the puck through. Three minutes later, Harvard continued to dazzle Yale with its interior passing, as Mallgrave completed a Drury-to-Baird sequence, dumping the puck into the right side of the net. With Eli Jamie Lavish in the sin-bin for hitting from behind, Harvard finished its second period scoring when Baird succeeded in deflecting a Farrell shot from the point into the net to put the Crimson...
...population think the Queen should pay something. She is listening, and some sort of plans are on the drawing board. It is more likely that the next monarch will be faced with paying the bill. Even such pro-monarchy stalwarts as constitutional scholar Lord St. John (pronounced Sin-gin) of Fawlsey say that "in this day and age, the income-tax exemption is pretty hard to defend." But he deplores any further changes. "The monarchy is the symbol of our national unity...