Word: taxed
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Dates: during 1980-1989
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...were reported exclusively in TIME last May, the subcommittee found that the agency was "inept" in probing the activities of staffer Ronald Saranow of Los Angeles. Saranow is suspected of using his influence as one of the most powerful officers of the IRS Criminal Investigation Division to encourage two tax probes against foes of Los Angeles-based jeansmaker Guess, Inc., for whom Saranow planned to work after his retirement in 1987. Saranow has denied any wrongdoing...
...Saranow and his personal lawyer, Richard Trattner, a former IRS employee, carried out an unauthorized "amnesty" program for Trattner's tax-evading clients. For years, Trattner supplied the IRS with anonymous, remedial tax payments from the clients, as well as keys to hidden safe-deposit boxes containing the unfiled tax returns of the cheaters. The purpose: to reduce the culpability of Trattner's clients in case they were investigated. If that happened, Trattner would steer the IRS to the tax returns as evidence of his client's participation...
...referendum on the party's arrogant and scandal-tainted performance in recent months. The downslide began with a bribery and influence-peddling scandal that forced the resignation of Prime Minister Noboru Takeshita last April. The L.D.P. further alienated voters, especially women, by imposing a controversial 3% consumption tax. In agreeing to liberalize agricultural imports, the party angered farmers, long the chief pillar of its support. The final straw came just weeks after Uno was named Prime Minister, when his supposedly spotless reputation was soiled by revelations of a paid affair with a geisha. "Along the way," says Katsuhiko Shirakawa...
During the campaign, the L.D.P. repeatedly demonstrated just how out of touch it had become. One L.D.P. legislator suggested that the consumption tax would be less painful if it were an even 4% instead of 3%. Another party member said farmers were only intelligent enough to do manual work. Credit for the greatest blunder, however, went to Agriculture Minister Hisao Horinouchi, who said, "It is wrong for women to come to the forefront of politics." Pausing just long enough to take one foot out of his mouth and insert the other, Horinouchi then attacked Doi, the popular Socialist leader. "British...
...state's credit rating is on par with Mississippi's. Spending is being slashed, and Dukakis just signed the largest tax hike in years into law. Suddenly, the great Massachusetts miracle doesn't seem so miraculous...