Word: taxed
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Dates: during 2000-2009
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...absolute shambles. In the wake of the earthquake, the region has rebounded in a dramatic fashion. Local and state authorities have worked with NGOs and relief organizations to rebuild the local area, and to fundamentally change its economic environment, attracting droves of new business by making Kutch a tax-free zone. Now, there are more jobs than people in Kutch, and every child can dream of holding a real government or corporate job, if only they go to school. Thus, no matter the unbearable heat, the demands of the farm at home, or the long distances, 140 kids are eager...
...these schemes off. You only need a few corrupt managers whose compensation may be tied to the performance of these assets in order to effectively pull off a collusion or a kickback scheme." - Upon the announcement that his office had initiated 20 criminal probes into possible securities fraud, tax violations, insider trading and other crimes relating to TARP-funded companies. (Los Angeles Times, April...
...proposal could hardly come at a worse time for governors. The recession has drained state coffers of tax receipts, even as public need for state safety-net services is growing. According to the Center for Budget and Policy Priorities, at least 48 states are facing shortfalls totaling $166 billion - 24% of their total budgets. Rendell, the outgoing chairman of the NGA, was unable to attend the Biloxi meeting because he had to stay in Pennsylvania and struggle with the legislature to find a way to plug a $3.2 billion fiscal hole...
...worth up to $500 per pound ($1,100 per kg). Middlemen are buying up all the nests they can source, usually as quietly as possible. "They come to your doorstep and pay you cash," says Kok. "This business is a very secretive thing, because they're not paying any tax to the government. Everyone is doing it on an illegal or secret basis, where you declare 10 kilos but you are selling 1,000 kilos...
...Sacramento, Schwarzenegger and Republican legislators have blocked all attempts by Democrats to cover any portion of the $26 billion shortfall with a tax increase. Tuition has more than doubled at the University of California in the past decade, rising to more than $8,700 for in-state students in fall 2009. Many of the budget cuts being negotiated behind closed doors will primarily affect the poor and the working class - including health coverage for the poor and the CalWORKs welfare-to-work program. But the severe funding reductions to public schools and to the university system - affecting not only...