Word: taxed
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...synagogue exhibit is a metaphor for everything that is special about the National Museum in Damascus, Syria. It's supposed to be one of the facility's most famous displays, and yet it isn't signposted. Locating it will tax your orienteering skills to their limit - unless, on your quest through the galleries, you happen to glimpse the attendant Abu Mustapha, which we were lucky enough to do. He will lead you down obscure corridors to an unlabeled door and push it open to reveal a 1,750-year-old Jewish house of worship, painstakingly transported, in its entirety, from...
...trust that GM has in mind, called a voluntary employees' beneficiary association (VEBA) according to the 1928 tax law that governs such trusts, would create an independent body, run by the UAW, with the sole responsibility of paying for the health care of GM's retirees and their spouses. It won't come cheap. Analysts estimate that GM could end up paying 60 to 70 cents on the dollar of its $50 billion obligation to establish the trust. But investors have been pushing for a VEBA since Goodyear set up a similar plan with the United Steelworkers last year. Wall...
Consider what happened five days into the Bush presidency in 2001 when the spending-averse Greenspan told a Senate committee that government surpluses were getting so huge, a tax cut was probably a good idea. Given the state of knowledge at the time, this wasn't an unreasonable argument--and when the surpluses became deficits, Greenspan changed his tune. But Democratic critics said his words provided cover for the President and Congress to squander the fruits of a decade of fiscal responsibility in months. While this exaggerates Greenspan's influence, it isn't entirely wrong, and Greenspan admits as much...
...response, cast him on a sudden defensive. Facing his biggest test of leadership, Karamanlis ditched the campaign trail to manage the crisis, pushing through a fast compensation plan for victims and vowing to rebuild all burned homes. He then unveiled a flurry of financial incentives, including higher pensions and tax breaks, and threatened to take Greeks on another trip to the polls if his New Democracy party failed to win an outright majority in parliament. That carrot-and-stick strategy, said analysts, put voters at a clear crossroads, weighing Karamanlis' stolid leadership and economic successes against their yearning...
...administration, albeit with a more moderate touch. He also seems less willing to prioritize the U.S. alliance at the expense of Japan's Asian relations. Though not an opponent of economic reform, Fukuda is unlikely to risk taking any chances, which means needed changes like a consumption tax increase will stay on the shelf, even as Japan's recovery loses steam. For now, after the tumult of July's election and Abe's exit, Japan seems to be in a holding pattern, with tradition-bound hands - and gray heads - back in the cockpit...