Word: taxed
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...hard to raise a family on a poet's salary, of course, so Burns took a job as a tax inspector while still writing - and farming - on the side. He switched from poems to songs, and produced a number of tunes still famous today: "A Man's a Man for A' That," "A Red, Red Rose," and of course the New Year's Eve jingle about old acquaintances. Unfortunately, Burns had a weak heart, and strenuous requirements of a farmer's life took their toll. He died in 1796 - on the very day that his wife gave birth...
...Capitol Hill on Thursday, Tim Geithner sent a little thrill up the leg of all the American trade unions that worked so hard to get Barack Obama elected. The Treasury Secretary-designate - whose appointment, despite his embarrassing tax travails, was waved through to the full Senate yesterday by the Finance Committee - declared in a written statement to the committee that China was guilty of "manipulating" its currency for trade advantage...
...term stimulus, such as an expansion of college grants, investments in renewable energies and a measure to modernize health-care records. Those are all longtime items on the Democratic agenda and Obama campaign promises. Obama had hoped he could get away with such far-reaching measures by also making tax cuts a large part of the bill, but the House version ended up with fewer tax cuts than he had envisioned. Not surprisingly, Republicans in the Senate - where GOP support is more essential than in the House (where Speaker Nancy Pelosi holds a much larger majority) - have expressed disappointment...
...support struggling manufacturers, the government over the past six months has restored or raised tax breaks on more than 3,700 export items, including consumer goods like toys. The rebates could make Chinese exports even cheaper, but that doesn't mean cash-strapped shoppers in the U.S. and Europe will exercise their credit cards. HSBC estimates China's exports could contract by as much as 19% in the first quarter of 2009. "The international financial crisis is deepening and spreading, with continuing negative impact on the domestic economy," Ma Jiantang, the head of China's statistics bureau, told reporters...
...while 35-hour order reigns, Zenevre and others note that the array of complicated schemes using tax-free extra time will need restructuring once the bad times are over. Some employees argue that the 35-hour limit may need to be legally lengthened to prevent bosses from forcing extra hours on them they don't want...