Word: taxed
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...unhealthy economy, a single lost job becomes infectious, combining with others and spreading through family, neighborhood and community. Widespread cutbacks in spending by families mean lower demand for businesses and lower tax revenues for the government. This belt-tightening means fewer car sales and thus fewer jobs for car-part makers. It means less government spending on infrastructure and other public services, including economic development. The sum effect is less available work for job seekers--a perfect vicious circle. For a well-educated job loser like Whitfield, it can mean a permanent drop in earning power and standard of living...
...affordable tickets don't actually get you a seat does nothing to discourage the suspicion that even fewer than that 7% of all fans will be able to see games live and that pro football is headed the way of opera as an indulgence for people in the top tax brackets...
...words are weapons, Frank Luntz is a samurai. The pollster and communications consultant has spent years shaping corporate and political messages based on focus groups and opinion surveys in all 50 states and overseas. His best-known client has been the Republican Party, for which he transformed the "estate tax" into "death tax" and helped popularize "tax relief" to replace mere "tax cuts." The Fox News contributor has compiled his insights into public opinion in a new book, What Americans Really Want... Really. He spoke with TIME about the health-care debate, the benefits of ambushing CEOs and what...
...Baucus expressed some flexibility with regard to his proposal to impose a 35% excise tax on insurers who sell "gold-plated" insurance policies - a levy insurance companies say they would be forced to pass on to their customers. Under the bill as it is currently written, that tax would kick in on plans that cost more than $8,000 for individuals and $21,000 for families. Health-policy experts say an excise tax could help curb health spending overall by discouraging the purchase of lavish plans that lead to overuse of the health-care system. The levy would also raise...
...bill's critics, however, say the taxes would probably be borne by many middle-income people, especially municipal employees and unionized workers in states where insurance costs are high. What's more, if health-insurance costs continue to rise as they have, the tax would catch more and more insurance plans. In the interview on Thursday evening, Sept. 17, Baucus sounded sympathetic to those kinds of concerns and hinted that the threshold for taxation is likely to be raised. "Union plans are very expensive, and we have to be respectful of that," Baucus said...