Word: taxed
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Dates: during 2000-2009
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...gets its name from a section of the Internal Revenue Code that, a clever benefits consultant discovered in 1980, could be used to build tax-sheltered employee retirement plans. It was at first seen as a supplement to the existing system of workplace pensions, but during the 1990s the 401(k) largely replaced pensions in the private sector...
Leveraging its strong credit ratings—the highest granted by rating agencies Moody’s and Standard & Poor’s—Harvard will issue new taxable fixed-rate debt. Unlike tax-free debt, these bonds can be used for any University expenditure and thus increase Harvard’s cash flexibility, Forst said...
...University will also convert existing short-term tax-exempt debt into bonds with longer maturities, allowing the University to postpone short-term payments to debt holders and retain a larger financial cushion to the volatility in the credit markets...
...Frankel said. “I think it’s very important that [fiscal policies] be well targeted and well designed and do the minimum damage to the long-term fiscal health.” But Frankel cautioned policymakers not to repeat the mistakes of the 2001 Bush tax cuts, which Frankel said have resulted in “maximum damage to income distribution.” “I hope tax cuts are better targeted than that,” Frankel said. “It should be possible to give a lot of fiscal stimulus...
...other hand, a Martin surprise in this deep-red state would be a crowning embarrassment for the GOP. It would rival Obama's own victory as a repudiation of the Bush agenda of tax cuts for the rich, pork for the well-connected, belt-tightening for the working poor, drill-baby-drill, strict-construction judges and military adventurism - not to mention the political cynicism that made Chambliss notorious after his ads in 2002 comparing his opponent, triple-amputee Max Cleland, to Osama bin Laden and Saddam Hussein...