Word: taxed
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Dates: during 1980-1989
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...Suspending, temporarily, raw-timber exports and tax incentives long awarded to Amazon cattle ranchers...
...settling down in tony Rancho Mirage, Calif., Agnew paid the state of Maryland $248,735 in restitution for the alleged bribes, plus interest and fines. But Agnew, who became an international business consultant after leaving the Government, deducted the entire amount, plus legal fees and interest, from his California tax return, claiming the repayment as an expenditure...
...audit, the California franchise tax board denied the deductions and ordered Agnew to pay an additional $24,197 in state taxes and interest. In an appeal last week, Agnew argued that the $24,197 should be returned to him as a tax refund on his restitution. Conway Collis, a member of the state board of equalization, pronounced Agnew's claim "unbelievable" and said he found it "very hard to be sympathetic" to the former Vice President. If the tax board granted him the refund, said Collis, "we are in effect asking other California taxpayers to subsidize Mr. Agnew's wrongdoing...
...young people are unable to afford college under the current system. The recent decline in Black and Hispanic enrollment demonstrates that the current student aid programs are not adequate to assure equal opportunity in education. And it seems very unlikely, with looming budget cuts and our political fear of tax hikes, that any new student aid programs are on the horizon...
...question of revenue will now be decided by the Senate. If they choose to link fiscal '89 with fiscal '90, they will lay the groundwork for a substantial tax increase," Voke said yesterday during debate...