Word: taxed
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Dates: during 1980-1989
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...money is flowing freely into the exchange once again. Many investors have shown faith in Japan's economy, which is expected to grow 4% this year. Government actions have also spurred more stock buying. Since postal-system savings accounts lost their tax-sheltered status in April, some of the $2.3 trillion invested in them has moved into the market. Also, the government has allowed life-insurance companies to boost from 3% to 5% the percentage of their assets that can be placed in special stock-investment funds, known as tokkin, which offer investors reduced exposure to capital-gains taxes...
...heard that the Almighty opposes sanctions against the racist South African regime, opposes the Equal Rights Amemdment and opposes a tax increase...
...Taxes. Meese failed to report his capital gains from the June 1985 sale of $54,581 in stocks. When Meese could not locate the records to figure the capital gain, his accountant filed a tax return without disclosing the sale. Last February Meese finally filed an amended return, citing a profit of $14,606 (understating it by more than $6,000, according to McKay). Meese "probably" broke two tax laws by filing a false return and "failing to pay his income tax when...
...cleanup program. Three years ago, the Puget Sound water-quality authority developed a master plan for cleaning up the heavily polluted, 3,200-sq.-mi. body of water. The state legislature has levied an 8 cents-a-pack surtax on cigarettes to help pay the bill; this year the tax will contribute an estimated $25 million to the cleanup. The Puget Sound authority and other state agencies closely monitor discharge of industrial waste and are working with companies on ways to reduce effluent...
...Middle Americans are paying more for their hypocrisy than they realize. Democrats are so afraid of appearing "liberal" that they rejected a platform proposal to increase taxes on people making more than $100,000 a year. They wince as Bush scores points off of Dukakis' recent 5 cents-a-pack increase in the Massachusetts cigarette tax. Meanwhile, the annual Social Security surplus is contributing $40 billion a year toward covering Reagan's deficits, thanks to a Reagan-endorsed 1983 increase in the Social Security tax -- a flat tax on wages that exempts dividends, interest, profits and all income over...