Word: tacks
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Dates: during 1990-1999
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Meanwhile, Darman tried a new tack. He revised his capital-gains proposal, suggesting that the rate be lowered from 19.6% to 15% in the hope of spurring a compromise with the Democrats at around 17% or 18%. The Democrats were willing, but only if Bush agreed to eliminate the "bubble," an irregularity in the income tax code that lowers the rate on earnings over $500,000 from 33% to 28%. In fear that Republicans would revolt again, Bush refused to budge on rates. At one point, Sununu discussed adjusting the tax brackets so that the lower rate would apply only...
IMAGING: Mark Stelzner (Manager); Gerard Abrahamsen, Kenneth Collura, Kin Wah Lam, Carl Leidig, Linda Parker, Lois Rubenstein, David Spatz, Lorri Stenton, Simon Tack, Paul White...
IMAGING: Mark Stelzner (Manager); Gerard Abrahamsen, Kenneth Collura, Kin Wah Lam, Carl Leidig, Linda Parker, Lois Rubenstein, David Spatz, Lorri Stenton, Simon Tack, Paul White...
IMAGING: Mark Stelzner (Manager); Gerard Abrahamsen, Kenneth Collura, Kin Wah Lam, Carl Leidig, Linda Parker, Lois Rubenstein, David Spatz, Lorri Stenton, Simon Tack, Paul White...
...when the two sides finally sat down together at the Central Bank building in the capital, U.S. negotiator Richard Armitage offered a new tack. Instead of focusing on Washington's inability to pay more than the current $481 million a year in rent, Armitage declared, "The days of a very large presence of U.S. sailors and airmen in the Philippines are coming to an end. What remains for us to determine is the rate at which this presence will be reduced...