Word: taxed
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...Police never arrested anyone for the original Tylenol murders, but tax consultant James Lewis wrote a letter to Tylenol's manufacturer in October 1982 demanding $1 million to "stop the killings." Lewis had a strange past. He had been charged with a 1978 Kansas City murder after police found the remains of one of his former clients in bags in his attic; charges were dropped after a judge ruled that the police search of Lewis' home was illegal. But police could never tie him to the Tylenol killings and he denied committing them. Lewis was convicted of extortion...
Federal assistance will be critical in addressing shortfalls like these, but school districts should also find more creative ways to avoid deficits. The recession should provide an opportunity for administrators to go beyond the tried-and-true remedies of property-tax hikes and layoffs. New techniques, including efficiency analyses of individual schools, are needed. Moreover, the recession should spur those outside the public-school system to think of ways they can help. Students, at Harvard and elsewhere, should view the budget shortfalls as a call to serve their communities by volunteering at schools. Private foundations should also look inward...
...bailout money. Then it was confirmed that Wall Street employees had received $18.4 billion in bonuses for 2008, in spite of dismal performance for banks as a whole. Meanwhile, the Obama administration, riding on a wave of high ethical expectations, has faced embarrassing criticism for political appointees accused of tax evasion and misuse of corporate privileges. Between declining consumer confidence and flagging expectations, it was a prime moment for the Obama administration to demonstrate a proactive, ethically driven engagement with the so-called “reckless culture” of Wall Street firms...
...president’s declaration is both welcome and warranted. In a time of financial crisis, it is important for Americans to have greater faith in the banking system. When the government is doling out large numbers of taxpayer dollars, it matters that individuals feel that their tax money is being spent wisely. We can also hope that the message to corporate executives will be clear: Taxpayers expect discipline, especially from a sector that has come to be seen by many as inept or irresponsible. Otherwise, the distribution of public funds becomes, in the president’s words...
...Many Palestinians view Abbas' regime as corrupt, and are outraged that his Ramallah bureaucrats continue to charge the 17% import tax on relief goods being sent to needy Gazans that was in place before the Israeli blockade was imposed...