Word: taxed
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According to Cornell professor William M. Lynn, nations that tip usually embrace materialism and status. Egalitarian-minded nations tend not to have robust tipping cultures. Furthermore, tip prevalence seems to be negatively related to the tax burden within a country. It’s harder to tip when more of your money is heading to the state...
Afew years ago, Chris Devonshire-Ellis, a Beijing-based business and tax consultant, was in the bar at Pyongyang's Koryo Hotel when he ran into another foreigner. "The guy's name was Vlad," Devonshire-Ellis says. "He'd come from Moscow on a train to sell tractors to the North Koreans. He had all these guys around him. Turns out, they were his team of bodyguards. The North Koreans paid him in cash--1 million in U.S. dollars--and that's why he needed the bodyguards. He was comfortable doing business with the North Koreans. He said they always...
...religious organization is fraught with the sort of entanglement that the Constitution forbids.” Rather, the VA should adopt a methodology more similar to that of the IRS, which makes no attempt to evaluate the content of the belief system in its evaluations for religious tax exemptions...
...America’s very rich are richer than ever”) but after naming the problem, he rejects a proven solution. Higher education is key to social mobility, and more donations have allowed colleges to afford financial aid initiatives. A decrease in donations received due to tax considerations would only hurt lower- and middle-class families...
...word “endowment” happen to appear in the same sentence. If you do believe universities are drowning in dollars, please, keep the checkbook in your pocket. But we like our financial aid, so don’t lobby for harmful adjustments to the tax code...