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...They were battling on those fronts this week. Giuliani's folks have been dropping hints that Romney is weak on fiscal discipline, in part to strengthen their position in tax-obsessed New Hampshire. Romney, still ahead but slipping in the Granite state over the summer, has fired back with a radio ad noting that he alone has signed the no new taxes pledge. "I'm proud to be the only major candidate for President to sign the tax pledge," he says, "The others have not." Romney goes on in the ad to make another promise: he vows not merely...

Author: /time Magazine | Title: Rudy and Romney: Ready to Rumble | 10/5/2007 | See Source »

...least another $11.2 billion over a budget Sarkozy is seeking to pass for 2008. The budget itself is highly controversial: despite eliminating nearly 23,000 civil service jobs, it would still run a 2.3% deficit (worth nearly $59 billion) due in large part to nearly $20 billion in income tax cuts that critics say mostly benefit the wealthy. Like its 2007 predecessor, the 2008 budget is also built upon estimated 2% to 2.5% economic growth and tax revenues many economists consider fanciful...

Author: /time Magazine | Title: France's Sarkozy: Honeymoon's Over | 10/5/2007 | See Source »

...Brown accepts that challenge, he may well find his opponents harder to beat than many in his own ranks had anticipated. In Blackpool, Tory leaders set out policies reaffirming the party's traditional role as a party of low tax and high aspiration, including a boost for first-time house-buyers and an increase in the threshold of inheritance tax to $2 million from $600,000, financed by levying a flat-rate annual $50,000 charge on non-domiciled foreigners. Delegates were delighted. "People kept coming up to me and saying 'finally we're Conservative again'," says Dale...

Author: /time Magazine | Title: Tories Dare Labour to Call Election | 10/4/2007 | See Source »

Gowher Rizvi, the director of the Institute of Government Innovation at the KSG, agreed that donations to Harvard help to promote the public good, in part by funding scholarships for needy students. At the same time, though, he called for greater transparency and accountability of tax-exempt dollars...

Author: By Athena Y. Jiang, CONTRIBUTING WRITER | Title: Reich Offers New Tax Structure | 10/3/2007 | See Source »

...spite of recent increased attention to Harvard’s endowment, Hall said that tax laws are unlikely to change...

Author: By Athena Y. Jiang, CONTRIBUTING WRITER | Title: Reich Offers New Tax Structure | 10/3/2007 | See Source »

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