Word: taxed
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Dates: during 2000-2009
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...spirit of Mumbai, it could begin by acknowledging that India no longer "lives in its villages" as Mahatma Gandhi said it did - at least not in the same way. Town and country are more connected than ever. Most of India's wealth is created in its cities, generating the tax revenues that fund the schools, electricity and clean water villages need so desperately. More than 70% of the country may still live in rural areas, but over the next decade, that will drop to 60%. Having a son or father working in the city is already as much a part...
...There is also concern that growth will slip backward once China's recession-fighting stimulus is scaled back. One reason Xu's minivan sales have accelerated is government tax breaks and rebates offered on certain car purchases - incentives that won't last forever. State subsidies have also been given to rural residents to spur sales of refrigerators and washing machines. Though the government is implementing longer-lasting plans to convince citizens to spend more money (including a $125 billion program to improve national health care, especially in less developed regions), those efforts will take years to reach their full impact...
Amnesty: The New Tax Shelter...
...U.A.E., has little oil or gas, and so has concentrated on building itself up as a vibrant business and transport hub and the home to some of the world's biggest, flashiest and most modern real estate. To lure in the masses, Dubai promoted itself as an income tax free resort for the world's rich and upper middle class. Dubai's master planners developed a signature over-the-top style geared to the tastes of newly minted wealth - an indoor ski slope, a luxury condominium development with man-made islands arranged in the shape of a huge palm tree...
...reason for that. Democrats come to office eager to govern the heck out of the country. They take on impossible issues, like budget-balancing and health care reform. They run into roadblocks - from their own unruly ranks as well as from Republicans. They get lost in the details. A tax cut is much easier to explain than a tax increase. A foreign policy based in bluster - railing against an "axis of evil" - is easier to sell than a foreign policy based in nuance. Of course, external events count a lot: the ratings of Bushes I and II were bolstered, respectively...