Word: taxed
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...Congress passed the Federal Election Campaign Act, which required candidates to report expenses and contributions, and the Revenue Act, which set up a Presidential Election Campaign Fund, financed by an optional checkoff box on income tax returns that diverted $1 (since raised to $3) from the U.S. Treasury. Candidates were offered large lump sums to cover expenses related to the general election, so long as they agreed not to collect private donations or spend money raised for primary contests. As Watergate unfolded between 1972 and 1974, amid allegations (later substantiated) that Richard Nixon used large campaign contributions for illegal purposes...
...funding may signal an end to Roosevelt's apparatus for good. Obama, who would get about $84 million in public funds for the general election, stands to raise hundreds of millions more through private donations. The Illinois Senator contends he'll need that money to fend off attacks from tax-exempt advocacy organizations - known as 527 groups, after the section of the tax code under which they are formed - which, Obama said, will spend "millions and millions of dollars in unlimited donations" to damage his reputation. (So far, a well-funded 527 movement against him has not materialized.) His Republican...
...Thaksin effect pleases rural voters, who were charmed by the former P.M.'s populist health-care and micro-financing policies. But members of Bangkok's middle class and élite, many of whom were angered by a tax-free $1.9 billion business deal that Thaksin and his family profited from while he was in office, are rather less happy. The military, which went to the trouble of toppling him in 2006, surely is also irate over Thaksin's lingering shadow. (Thaksin himself has said he's done with politics, although his avowals have been rather less strenuous of late...
...been higher in the past. Suppose, for example, that President George W. Bush had used the political gift certificate he was granted on Sept. 11, 2001, when he could have asked Americans to do almost anything in the name of fighting terrorism, to impose a $1.50 "War on Terror" tax on a gallon of gas (instead of squandering his gift certificate on invading Iraq). The price at the time was about $1.50 per gal., so this would have doubled it to $3. People would have screamed with pain, then started adjusting. Demand would have gone down, and today gas would...
...opponents are emboldened because she is a woman.' PATRICIA VACA NARVAJA, Argentine legislator, on President Cristina Fernández de Kirchner, right, whose export-tax increase has sparked outrage and protests among the nation's farmers...