Word: taxed
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President Obama's new proposals to crack down on Wall Street - first the new tax on big banks last week, then Thursday's new restrictions on big banks - signal a somewhat new approach to financial reform. But they also signal a very new approach to politics and governing: more populist, more confrontational, less deferential to Congress, less eager for common ground. His uncharacteristically blunt message to financial giants and their political defenders said it all: "If these folks want a fight, it's a fight I'm ready to have...
...their state's program and even more so by the process they saw going on in Washington. Rather than being drafted with the common good in mind, they said, the health bill was turning into a series of backroom deals - a Medicaid exemption for Senator Ben Nelson's Nebraska, tax breaks for unions, sweeteners for the hospital and drug industries. As a veteran of the Kennedy political operation put it, "They think there's a lot coming out of Washington - and none of it is for them...
...Cosmopolitan magazine "America's Sexiest Man" photo spread that was resurrected and became an Internet sensation during the campaign. But he is also a 30-year veteran of the Massachusetts Army National Guard, and his service figured prominently in his campaign. He won his first election as a local tax assessor in 1992 and was elected to the state senate in 2004. His politics tend to be standard conservative on issues like taxes and guns, but he supports Roe v. Wade and in 2007 earned a 100% rating from the Massachusetts Audubon Society...
...curb property speculation, Beijing has reintroduced a sales tax on residences resold within five years of their purchase. Earlier this month the State Council introduced a rule that requires a 40% down payment on the purchase of a second home, and on Jan. 12, China's central bank raised the reserve requirement for commercial lenders in an effort to control the torrid growth of credit after the value of new loans more than doubled last year. (See pictures of the best-selling cars in China...
...lower than his disapproval rate of 44.1%, according to a recent Kyodo News poll. Last month, news broke that contributions from Hatoyama's mother were recorded as political funds coming from other donors - some of whom were dead. Hatoyama has promised to pay hundreds of millions of yen in tax on that sum, but the damage control has been slow. Still, according to a recent survey in the Yomiuri Shimbun newspaper, the DPJ's approval rating is still 23 points higher than that of the LDP. But cries for Ozawa's resignation grow louder as each day moves the ruling...