Word: taxed
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Dates: during 2000-2009
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...Frank Bruconi, chief economist in the New York City comptroller's office, estimates that lower Wall Street pay and payrolls will reduce the city's income tax revenue by $368 million alone. Then there's the ripple effect. Many other types of companies throughout the city, from law firms and accountants to corporate-car services and dry cleaners, rely on Wall Street companies and their employees for business. Bruconi says the general rule is that one job cut on Wall Street usually results in a reduction of a job and a half elsewhere in the N.Y.C. economy. All told, local...
...than presidential politics? The eternal conflict between Microsoft and Apple, of course. While the race to the White House will, mercifully, be over soon, the decades-long battle between Macs and PCs--with the negative ads and trash-talking bigwigs--will persist until cockroaches inherit the earth. You think taxes are just a political issue? A few weeks ago, as Apple prepared to launch its new line of laptops, Microsoft execs were on the stump, criticizing what they call the "Apple tax," the premium consumers pay for Macs with the same power and speed as lower-priced...
...Apple than you would on a comparable PC laptop. And in most cases, PCs come with more bells and whistles, like Blu-ray drives and more ports for special external hard drives and video connectors. So what kind of sucker would be willing to pay the Apple tax...
...Today's Democratic leaders know what it's like to lose the perks - and opportunities - of power. Having reoccupied the plush offices of the Capitol, they might appreciate the idea that being in the same party sometimes means staying on the same page. Then there is the question of taxes. Obama has made overhauling the tax code a centerpiece of his campaign. In the real world of Washington, his plan is a mixture of commonplace steps (tweaking income tax rates) and unprecedented measures (a new approach to payroll taxes). The likelihood that he will get anything like the tax package...
...with as many allies in Washington as he can find. His desire to leave a mark on history - by signing a Democratic energy bill or health-care-reform bill, say - would clash with his gut-level identification with the gop. Washington veterans agree that McCain's conservative ideas for tax cuts and health-care reform wouldn't stand a chance in a Democratic Congress. But he might enlist enough swing-district Democrats - whose hold on their seats is tenuous - to join congressional Republicans in a grand compromise between the spenders on Capitol Hill and the tax cutters in the White...