Word: taxed
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Dates: during 1980-1989
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Marilyn met Quayle at Indiana University law school and married him ten weeks later. They sat together in the front row in tax lectures; it was Marilyn who spoke up frequently and sought out the professor after class. She was due to deliver her first child on the day of the bar exam, and had labor induced early so she could take the test. The young couple hung out a law shingle together above the family newspaper office in Huntington, but Marilyn ran the practice. A Huntington friend, Sandy Cook, says Marilyn was the first "superwoman" in her set, expertly...
...these days of buck-a-gallon gasoline, millions of + Americans belt out those words with relish in filling stations from Honolulu to Hartford. But the cost of that tankful could soon take its biggest leap since the oil-parched 1970s. Reason: a hefty increase in the federal gasoline tax may be coming down the road this year. To an increasing number of politicians and economists, a gas-tax boost would be one of the simplest and most effective ways to reduce the 1990 budget deficit. The idea could quickly gain ground among congressional leaders who are preparing to haggle with...
...when Al Vellucci's speeches no longer echo in Sullivan Chamber, the city will still reflect the mayor's more serious achievements: Harvard's voluntary payments to compensate the city for its tax-exempt property; city government attention to the hazardous side of Cambridge's many chemical and biotechnology companies; and above all, Vellucci's contributions to the rent control ordinance and his steadfast support for that...
Thanks to Reagan's tax cuts, the rich were able to fill their garages with Porsches. Meanwhile, the poor were watching their streets become battle grounds, drug lord squaring off against drug lord. While the average person in the top two quintiles of income got wealthier during the Reagan era, the rest of the country got poorer...
Reagan fueled the recovery on a strange formula, a mixture of tax cuts and increases in government spending. As Lloyd Bentsen pointed out in his debate with Dan Quayle, it easy to give the appearance of prosperity when you're writing hot checks. When the creditors come to collect on the country's $1.8 trillion deficit, Reagan will not be around to answer the door...