Word: taxed
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Ponnuru's party has been repudiated because Americans have finally realized that Republicans have long gone out of their way to take money from the poor and give it to the rich through tax breaks, deregulation and Executive Orders. Some Republicans shouldn't be worried about reforming the party; they should be worried about staying out of jail. Guy Falcone, REDWOOD CITY, CALIF...
...remember that what goes around, comes around. The witch hunt against UBS and Credit Suisse in the present economic climate will surely come back to haunt said Justice Department. America, like Germany, should stop whining and sort out its own taxation system so that citizens are not tempted into tax avoidance. Surely, the practice of some of the biggest U.S. banks of selling junk papers to unsuspecting clients, many of whom are pensioners, is far more despicable. The U.S. authorities must be aware that European investors who have been cheated in this fashion might just return the favor by starting...
Meanwhile, the accumulation of such immense tax-free resources is increasingly garnering criticism. Business Week has decried the “dangerous wealth” of the Ivy League. The Wall Street Journal warned of the perils of amassing “war chests.” The wealthiest institutions can now out-compete for top faculty and students, thereby threatening the diversity of research and scholars at less-equipped institutions...
...time for Harvard to lead universities in inspiring alumni to look beyond the hallowed halls. Harvard has much to gain by supporting such a paradigm shift, especially since it would invigorate ties with many alumni who currently question whether Harvard truly needs their money. Sharing some of those tax-free dollars through HASA would make an exponential difference in the ability of developing nations to offer university education to their brightest citizens...
...example, Martin L. Weitzman, a professor in the economics department, argues that the impact of Harvard’s endowment on the alternative energy field would be relatively small and limited to its symbolic significance. Instead, Dr. Weitzman favors large, sweeping public policy changes, such as a stiff tax on carbon emissions, in order to check the emission of harmful greenhouse gasses...