Word: surtax
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Dates: during 1990-1999
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...there is evidence that McCain is able to build bipartisan coalitions on occasion. He has successfully pushed for passage of the lobbying-gift ban, the line-item veto and the repeal of the catastrophic- health-care surtax, an unfair tax on seniors. As Commerce Committee chairman, McCain has shown the ability to navigate difficult issues like Y2K liability and whether to tax goods sold over the Internet, trimming his opinions to bang out a consensus. On the ill-fated campaign-finance reform, he has shaved away so many key elements to pick up support that some zealous supporters think...
...suburban kitchen in one TV spot. "But if you're against higher taxes and bigger bureaucracy, vote no on Prop 10." Last week, tobacco companies were busy faxing around an endorsement from the Los Angeles Times' political columnist. "So Big Brother, what's next?" wrote George Skelton. "A surtax on beer? Red meat? American cheddar...
...with less. Medicare, to its credit, is the only payer that contributes anything to the cost of medical education, and that has got to change.'' UCLA has already talked with several local hmos about a premium tax to finance teaching functions. Others have suggested imposing such a surtax on all insurance premiums. Says Bruce Kelly, the director of government relations at Mayo: "We endorse a set-aside program to fund research and teaching.'' But a delegation of teaching-hospital administrators who visited Capitol Hill in mid-May, sensing the draconian political climate, made only an exceedingly modest plea: if Medicare...
...joint session of Congress last week as he laid the groundwork for rebuilding the nation's health-care system and guaranteeing coverage for every American. The President finessed the financing details but did say his plan would be funded in part by increased cigarette taxes and a surtax paid by self-insuring companies. Days earlier, Senator Daniel Moynihan, chairman of the Senate Finance Committee, had labeled the Administration's hope of financing the plan mainly by means of Medicare and Medicaid cuts "a fantasy...
...game is to stay ahead of Clinton's proposal to raise the top tax rate from 31% to 36% for individuals with an adjusted gross income of $150,000 or more a year and for families earning at least $200,000. Clinton also wants to slap a 10% surtax on income of $1 million or more. And to help curb runaway executive pay, the President-elect may try to bar companies from deducting more than $1 million of an officer's compensation from corporate taxes, which was Disney's biggest worry. Clinton plans to use the money to offset...