Word: taxed
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...which delivery method makes the most sense for distributing tax rebates? Here behavioral economics has been instructive as well. In particular, years of research have demonstrated over and over that our intuitions about the relative effectiveness of different approaches are often wrong. Over the years we’ve learned that we are often wrong about what drives our dishonest behavior, about what makes us enjoy a glass of beer, about what makes us willing to pay different amounts for different products, etc. In essence, our intuitions about what drives our behavior are often misguided...
...what really works and what is likely to fail. In the same way that we force drug companies to test the efficacy of their drugs before rolling them onto the market, shouldn’t we ask the government to test their ideas before they invest billions of our tax dollars on some stimulus packages...
...proposed University endowment tax, which now has been defeated, would have taxed Massachusetts universities with endowments exceeding $1 billion 2.5 percent of their endowments annually. The motivation behind this bill—presumably to plug state budget holes—did not provide a valid reason for penalizing a few universities for their financial success. Large universities should not be taxed like larger corporations in part because of their beneficial effects on the community. Schools like Harvard and Boston University not only produce citizens that are educated to help their communities, but are also some of the top employers...
...undeniable that the state of Massachusetts has many fiscal problems, and the prospect of the University tax highlights this monetary desperation. Patrick’s plan to open casinos—with specific blueprints for three different gambling sites in Boston, Western Mass., and the South Shore—would be a well-reasoned way to generate the needed revenue. The casinos would bring in an estimated $400 million in annual revenue, and would be a boon to these areas. It is crucial, however, not to disrupt the fabrics of the communities, and because of this, the casinos should...
...Senator Clinton said Congress needed to investigate speculation in the oil markets, promising to "rein in" the excesses of the major oil companies. Obama, for his part, promised to "spend $150 billion over 10 years investing in clean and renewable energy." He also said he plans a $1,000 tax break to help middle-income families pay gasoline and utility bills...