Word: surtax
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Dates: during 2000-2009
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...Last week, marked by uncharacteristic speed, the House passed a bill that would impose 90 percent surtax on bonuses paid to employees of companies that have received at least $5 billion in TARP funds if the employee's family income exceeds $250,000. In support of the bill, Obama said he is eager to receive legislation "that will serve as a strong signal to the executives who run these firms that such compensation cannot be tolerated." The Senate plans to vote on the bill this week...
...French experts predict the plan is likely to hit French Internet access providers with a small, universal per-client tax each month. A flat monthly surtax of just one euro on each of the nation's 16.1 million Internet accounts would raise around $290 million per year - or nearly 25% of the $1.2 billion in annual revenues public TV will lose to an advertising ban. It is conceivable, at least, that the monthly tax could go even higher without incurring too much consumer fury, since France currently enjoys one of the cheapest ISP markets in the developed world. Average monthly...
...Occasionally, Obey's independent streak is even too much for his own party. One example of that is a war surtax that Obey proposed last month to help offset the cost of the ongoing presence in Iraq. He offered it fully aware that it had absolutely no chance of passing, but simply to highlight his frustration that only military families are bearing the brunt of the war's burden. Obey wryly noted that he approached Pelosi with the surtax and the supplemental at the same time. "I told her: 'Nancy, I've got two things here, one you'll like...
...payments. California is expected to triple motor-vehicle--license fees, adding nearly $4 billion a year to the state's coffers. Higher income taxes for the wealthiest Californians are a possibility too, according to Democratic state senator John Burton. In New York City, Mayor Michael Bloomberg is weighing a surtax on those who earn more than $200,000 a year...