Word: taxed
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...administration also lobbied hard to introduce a tax on goods and services, arguing that it needed to diversify its revenue base in case a major source of income, like government land sales, took a hit. But the proposal was roundly opposed by almost every segment of society. Retailers reckoned it would hurt their businesses. Economists believed it would unnecessarily complicate a straightforward tax regimen and deter foreign investors. And ordinary folk felt it would unduly burden low- and middle-income consumers. The government's gambit turned into an embarrassment when Financial Secretary Henry Tang, the moving force behind...
...England and New York to secede. He admitted this would cause "civil war. And what of it?" New England Federalists tried a moderate-seeming two-step. Delegates from five states met in Hartford, Conn., in December 1814 for a three-week-long convention. They wanted to divert federal tax revenue to their states for self-defense and have the central government recognize state laws shielding their citizens from conscription--in effect, giving New England its own military and foreign policy. If Madison balked at these modest proposals, they said, then another convention "must act as such urgent circumstances may require...
...image with independents and some conservative Democrats. But it didn't go over so well with many Republicans: I remember Bush putting more than a few country-club-conservative audiences to sleep with his long disquisitions about "armies of compassion," only rousing the faithful when he talked about tax cuts. (Huckabee plays this card too: he claims to be the only Governor of Arkansas to cut taxes in the past 160 years.) Bush sustained his candidacy, despite all the soft talk, because he was the eldest son of royalty in the party of primogeniture. Neither Huckabee nor Brownback has that...
...checks from the mail drop. At first she did what she was told without asking questions. But gradually it began to occur to her that something was wrong. "We were our own little business," says Jackson. "We used to joke that all you had to do with a federal tax ID number was to think up a name, and then you could collect as much money as you wanted." Jackson also recalls seeing one of the people who worked in Gerber's office randomly downsizing pay slips for Marrogi. "I actually saw her change the codes on the billing," says...
...University officials have defended their real estate practices in the past by stating that Harvard is a private entity without a legal obligation to disclose its activities. But Schifferes said that tax-exempt institutions are still accountable to their host communities...