Word: taxed
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...response, desperate carmakers are now talking about asking Congress for new tax incentives, such as making interest on car loans deductible or granting tax credits for scrapping old cars - moves designed to encourage consumers to purchase new vehicles. And it's not just Detroit that's hurting. "We would be in favor of some kind of action if it was across the board," says Irv Miller, vice president of public relations for Toyota Motor Co., which saw its sales drop 26% last month in spite of ongoing zero-interest financing deals...
...this climate of rising deficits and depleted social services, some misguided voters still support Ballot Question One—a Massachusetts referendum that promises to destroy one of the most significant sources of state revenue. Today, the ballot initiative will ask voters whether to eliminate the state income tax. We hope that they respond with a resounding “no.” The state income tax accounts for 40 percent of Massachusetts’s revenue. If it is discarded, the billion dollars of budget cuts so far will look like pocket change compared to the $12.5 billion...
...unlikely yet natural leader, Motley is the first to admit that his fascination with the tax code approaches the “wonkish.” His deep knowledge of, and genuine excitement for, the election has helped him synthesize and extend the priorities of his predecessors. (The HRC’s executive board, once male-dominated, now enjoys a female majority.) Motley, a gracious diplomat in every social setting, also brings a much-needed sense of irony to his dealings with Harvard liberals...
...Wilson noted that the city’s residential tax rate of $7.56 per $1,000 of value is the lowest in the Boston area...
...state's opposite corner, Obama is projected to win big in Cleveland, Akron and Canton, which were suffering long before Wall Street imploded. McCain's two-day bus tour through the region this week was aimed at trying to pick off a few outlying, affluent suburbs where his tax plan is popular. Yet Obama still looks strong there. "If Obama can run up big numbers in the suburbs outside Cleveland, then this thing could be a blowout," says Mike Curtin, publisher emeritus of The Columbus Dispatch...