Word: taxed
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...billion in public funds to life-sciences research. This bill—released by Mass. Gov. Deval L. Patrick ’78 in May of 2007—would allocate $500 million for the construction of research facilities, $250 million for fellowships and grants, and $250 million in tax incentives over the next 10 years. Aimed at promoting Massachusetts as a center for biotechnology and furthering stem cell research at universities in the Commonwealth, this initiative has the potential to greatly benefit Harvard and Massachusetts. By providing $250 million for fellowships and grants for research, the bill will hopefully...
...five continents, providing consulting services and bestowing Harvard’s imprimatur on medical schools and hospitals from Dubai to Dresden. In exchange, the non-profit funnels its excess revenue back to Harvard Medical School (HMS), which pocketed over $1.5 million in the year ending June 2006, according to tax filings...
...tone was even harsher from Merkel's aides and leaders of the other political parties, many of whom called for stiff jail sentences for those convicted of tax evasion. "It would be unbearable if, in the end, deals were made instead of putting people on trial," said Kurt Beck, chairman of the Social Democrats, junior partner in the federal government coalition...
...Merkel's political challenge now is to prevent the widespread anger over the tax evasion scandal from becoming a broader political crisis. In Germany, it's not necessarily enough to just throw a few corporate executives in jail and be done with it. A poll conducted earlier this month by Infratest Dimap found that 69% of Germans feel wealth in the country is unjustly distributed. And that sense could have political ramifications: polls show declining support for Germany's social market economic system. The Left has surpassed the Greens and the Free Democrats to become, with the allegiance...
...Meanwhile, investigators are expected to continue their search for suspects. Merkel, due to meet Liechtenstein's Prime Minister Otmar Hasler in Berlin on Wednesday, is pressing to close any loopholes that encourage tax evasion. Whatever the outcome of that effort, it appears likely that in Germany's tax scandal, the drama has just begun...