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Senator Charles E. Grassley—a leading critic of low spending from colleges and university endowments—proposed stricter disclosure requirements in federal tax filings for schools on Monday, suggesting a willingness to stop short of threatened legislation on the issue. “I would like to ask [federal agencies] to develop a Form 990 schedule for colleges and universities,” Grassley said in reference to the form required for tax-exempt and non-profit organizations. He added that he wanted a specialized form to require information about “student populations or costs...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERSS | Title: Senator Grassley Tones Down Threats on Endowment Spending | 9/9/2008 | See Source »

...Wasilla or New York certainly influences one’s worldview in meaningful ways. But when such concerns come to supercede all others—when a culture war trumps the Iraq war and Barack Obama’s preference for arugula becomes more important than his tax policy—then American politics sink to a level that makes waging real debates over the direction of this country impossible. As a case in point, witness the transformation of the Republican Party, which, after spending months characterizing Barack Obama as “not ready to lead...

Author: By The Crimson Staff | Title: The Wrong War | 9/9/2008 | See Source »

...convention’s focus was a directional error. Naturally, one would expect that the convention—or much of the Republican campaign for that matter—would emphasize McCain’s comparative advantage over Obama. Indeed, this comparison has many valid discussion points; differences in tax and foreign policy, for example, continue to define the political debate. Ironically, though, Republicans used the convention mainly to introduce and display their vice presidential candidate, Governor Palin, thus comparing her against the focus of the Democratic National Convention, Senator Barack Obama...

Author: By Nafees A. Syed | Title: Trading Spaces: Palin and Obama | 9/9/2008 | See Source »

...this country is they care about social issues. I even dedicate the book to the "millennials." People have got to become more responsible, and be aware of what's going on in our country. But you know how I think we can really solve this? Get rid of our tax structure. That's what's killing our people: the income, state, capital gains, corporate, property and social security taxes. It's not right, and it's not the way it was intended in the beginning from our founding fathers. Implement a Fair Tax where we tax consumption...

Author: /time Magazine | Title: Chuck Norris: Action Star, Tax Reformer | 9/8/2008 | See Source »

...power of the teachers unions; offering a form of wage insurance for those who lose high-paying factory jobs and have to take low-paying service jobs - but there weren't any new ones. McCain's energy plan sounded just like Obama's, without the closing of loopholes and tax breaks for big oil companies that Obama (and apparently Sarah Palin, who passed a windfall-profits tax) favors. But he failed to disarm Obama's most potent criticism: that he essentially favors the same policies - especially the economic policies - as George W. Bush. And it wasn't corruption that caused...

Author: /time Magazine | Title: Klein: McCain's Muted Acceptance | 9/5/2008 | See Source »

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