Word: taxed
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...last September, at the height of the Hurricane Katrina fallout, said: "Begin with the wimp factor. No president has looked this impotent this long when it comes to defending presidential powers and prerogatives.... His presidential report card already shows an ?A' on foreign policy, but with the exceptions of tax policy and judicial selections, he remains a domestic-policy cipher. It's now up to him to decide whether he will complete his term by earning an A, an F or an incomplete...
What is the sound of money piling up? For many property developers, it's a moo. In Orange County, Fla., investors are saving more than $7 million each year by claiming that plots being converted into shopping malls and subdivisions are farmland and qualify for property-tax breaks. Farther south, near Fort Lauderdale, "we have cows walking over pavement and grazing outside hotels," says Broward County appraiser Lori Parrish. She points to a Courtyard by Marriott, where some 40 head of cattle had cut yearly taxes on the 18-acre plot to $618.94 before the hotel opened. The herd...
Officials in Florida and elsewhere are fed up with such farming façades, which exploit tax breaks that, ironically, were meant to combat sprawl. Idaho in March eliminated its "developer's discount," which benefited nonworking farms. But in South Carolina--where a $7 million, five-acre beachfront lot on upscale Kiawah Island is taxed just $9.60 as timberland--the agricultural commissioner has said "defining what a 'real farm' is can be very difficult...
...that will satisfy everyone. The influx of undocumented workers helps and burdens U.S. citizens, but the issue is so polarizing that Americans on both sides of the fence seldom seek compromise or consider the big picture. U.S. citizens who benefit from reduced prices at the supermarket also see their tax dollars strained to support overburdened hospitals, schools and social programs. The only reasonable solution is to pass a law that incorporates compassion with responsibility. It is too late to begin criminalizing people who risked their lives accepting an invitation from U.S. businesses to break...
...CONVICTED. George Ryan, 72, ex-Governor of Illinois; of racketeering, mail fraud, making false statements to FBI agents and tax evasion, in one of the biggest corruption scandals in the U.S. state's history; in Chicago. The accusations ended the Republican's political career in 2003, even as he basked in global acclaim for commuting the sentences of all of Illinois' death-row inmates...