Word: taxed
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According to Celucci, Dukakis raised the state income tax from 5 percent to 5.95 percent in a hike that he promised would only be temporary...
...stretch of riverfront property owned by the Massachusetts Transit Authority. The negotiations stretched from 1955 to 1966 and pitted the University against Cambridge City Council officials—particularly Alfred “Big Al” E. Velucci—who were opposed to the idea of a tax-exempt organization such as Harvard taking over an even larger share of lucrative Cambridge real estate...
...ideal way to legalize marijuana is for the federal government to end its ban, while allowing each state to regulate and tax marijuana as it sees fit. This would circumvent the complicated constitutional issues that will arise if the California initiative passes, as federal law would still prohibit marijuana...
...wake of President Obama’s election, however, most in Congress looked backward for inspiration. Many Democrats reverted to the New Deal philosophy of former President Franklin D. Roosevelt, Class of 1904, Republicans to the tax cuts and small government philosophy of former President Ronald W. Reagan. One side took refuge in ideas that were 75 years old, the other in ideas that were 30 years old. They are both out of date. They depend on the stale and discredited argument that you must be either for big government or against it, that government is either the solution...
Another small European country—Greece—also found itself on the brink of disaster. We held that it would be wrong for the people of France and Germany, two of the only European nations with fiscal houses in comparative order, to devote their own tax dollars to reward the Greek government’s gross profligacy and egregious irresponsibility. Instead, we advocated for a bailout of Greece by the International Monetary Fund, as the stigma associated with such a bailout was well-deserved in this case. Additionally, members of the European Union should not have...