Word: taxed
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...This meeting, however, was a relatively small gathering attended by some two dozen people, including Garza and another Indian tribal leader who was Abramoff's client. At least two tribes, the Coushatta of Louisiana and the Mississippi Band of Choctaw, contributed $25,000 each to the anti-tax group Americans for Tax Reform, which is headed by Grover Norquist, a well-known conservative ally of the White House. Garza, who is also known by his Indian name, Makateonenodua, meaning "black buffalo," is under federal indictment for allegedly embezzling more than $300,000 from his tribe...
...Benigno Fitial, the governor of the Northern Mariana Islands, told TIME he attended the 2001 meeting as well. Then an Abramoff client, the governor recalled asking the President a question about tax policy as part of a discussion among the small group after Bush had given a short speech on the subject. Fitial was seeking low-tax and relaxed labor regulations for the Northern Marianas at the time. Fitial said he used a photograph of himself with President Bush taken at the meeting in his campaign for governor...
...imports of oil is to stop using so much of it. Even with less than a full term left in office, there is much Bush could accomplish in immediately and realistically cutting America’s “addiction to oil.” Possibilities include a gas tax, increased subsidies for hybrid vehicles, or penalties for gas-guzzling SUVs. With the right economic incentives, consumers would be happy to pull up to the 76 or Mobil station only every other month in 100-mile-per-gallon, plug-in hybrid cars. According to a 2004 report from the Congressional...
...while Bush's budget includes making the tax cuts enacted in 2001 and 2003 permanent-some, like the repeal of the estate tax, are due to expire in 2010-it counts on revenues from some unlikely sources. One of the biggest is the so-called Alternative Minimum Tax, which was designed many years ago to keep the rich from using deductions and other loopholes to get away with paying too little tax. But because of inflation, millions of middle-class Americans have now crept into the AMT zone-especially in high-tax states where state and local taxes...
Like a schoolyard bully short on cash, the Bush administration has decided to steal lunch money from the smart kids’ piggy banks. In the face of the burgeoning U.S. budget deficit and Republicans’ penchant for tax cuts, something had to give—and higher education did. Under the budget legislation passed by the U.S. House of Representatives on Feb. 1, student loan programs face a net cut of approximately $12 billion, which will lead to a rise in interest rates to 6.8 percent for student loans and 8.5 percent for parent loans by this July...