Word: taxed
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...Patrick is the only one of the three Democratic candidates who opposes reducing the state income tax, arguing instead that this revenue should be directed toward the improvement of state services. Patrick also supports using these funds to increase local aid to cities and municipalities, which will allow local governments to lower their property taxes—which, in turn, can help alleviate the Commonwealth’s skyrocketing housing costs. Anyone can score points with the electorate by promoting a tax cut, but Patrick alone has boldly fought for a level tax rate and increased funding where the state...
...there's another sign of good news in this race for the GOP. Laffey got more than a third of the money he raised in his campaign from a conservative, anti-tax group called the Club for Growth, which blasted Chafee for his liberal record and opposition to the Bush tax cuts. But Laffey ran less as the true conservative in the race and more as a populist, outsider candidate. In one of his ads, he declared ?Washington is going in the wrong direction... and it's time for a change? and noted the high gas prices around the country...
...some respects, Asian philanthropists have to work outside the system. They often get little government encouragement. Significant tax incentives for philanthropy don't exist in the region, and in some countries the rich who do give are as likely to be looked upon with suspicion as gratitude. The relationship is especially fraught in China, where even before the communist era, private giving had to be done in conjunction with the authorities. "Those who acted outside the state, as the Rockefellers did [in the U.S.], could have been seen as potentially dangerous, undermining the power of the government," says Vivienne Shue...
...reports of America's decline proved to be premature. In 2012 President Warner's successor surprised the foes of the U.S. with a bold reinvention of America. The reform of Medicare and Social Security, combined with a radical overhaul of the federal tax system, had quite dramatic consequences. Growth surged. So did productivity...
Americans stopped investing exclusively in real estate and got back to the serious business of technological innovation. Congress passed a low-cost, universal health-care system and a new federal sales tax, which allowed a drastic reduction in income tax without the huge deficits that had plagued the Bush years...