Word: taxed
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...rise, the U.S. Senate is considering ways to regulate university endowments. The move brought a rebuke from Harvard, which insisted that Congress should not dictate how university funds are spent. At a Finance Committee hearing on Wednesday, senators considered measures including the repeal of university endowments’ tax-exempt status and mandating minimum yearly payouts to help lower tuition costs. The discussion at last week’s hearing focused on the spectacular growth of university endowments, which collectively increased by 17.7 percent to dollars in fiscal year 2006, according to testimony at the hearing. Average tuition for four...
Paint out an exaggerated caricature of the Left and you are likely to find among “Bible-burning,” “latte-drinking,” and “tax-raising” the common epithet “pot-smoking.” A well-stuffed joint is, apparently, a familiar staple in the progressive’s quiver alongside a Che shirt and a burning American flag. Unfortunately, marijuana as political issue goes better to the tune of “Puttin’ on the Ritz” than...
...very unlikely that zero dollars [per ton] would be the right carbon tax, but it's also very unlikely that $1,000 would be the right carbon tax. Any economist would say you should tax it at the marginal damage: that damage the extra ton of carbon dioxide does in the environment. The estimates we have show that the immediate damage impact is $2, and 90% of all studies published say the damage will be less than $14 per ton. That's pretty much the same in cents per gallon, roughly, so about two cents per gallon or 14 cents...
...Taxing would obviously change people's behavior. But it still has positive benefits to drive around. We could stop all traffic tomorrow if we just put a $1,000/gallon tax on gasoline. You've got to remember that fossil fuels have a lot of benefits. That's why we use them...
...healthy-or-I’ll-kill-you” attitude of the antismoking movement and its antiseptic goal of a world without tobacco (“Life Kills,” comment, Sept. 12). Reformers, however, are not content only to outlaw smoking in bars and restaurants, to tax cigarettes exorbitantly, or to stigmatize smokers. They hope to eliminate it from the historical record...