Word: taxed
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...gifts and target non-alumni.“New areas of focus for Harvard development are being done by new staff, while we continue to invest in the Harvard College Fund and our other annual fund efforts,” Rapier said in an e-mail.A NOT-SO-TAXING DECISIONHarvard could see an uptick in donations through the end of the year as the result of a tax provision passed by Congress in the wake of Hurricane Katrina.The provision enables donors to deduct up to 100 percent of their adjusted gross income when they contribute to charities, rather than...
...coalition forced the Republican House leadership to table a $54 billion budget-cutting bill. This frozen bill should not be revived; rather, it should be left in cold storage because it cuts critical social programs for the poor in order to sustain the Bush administration’s foolhardy tax cuts. The abrupt pause—debate is scheduled to resume after Veteran’s Day—came after moderate Republicans rebelled over proposals to enable drilling in the Arctic National Wildlife Refuge (ANWR) and to severely cut social programs, including food stamps and Medicaid. These funding cuts...
...also cast her vote for U2 front-man Bono, ?for putting a face on African poverty.? Brazile also welcomed the third recommendation from conservative Washington tax reform activist Grover Norquist, who suggested a pairing of Secretary of State Condoleezza Rice with civil right icon Rosa Parks, who died recently. Brazile hailed Rice's emergence as ?the face of American democracy...
...days later, Snowe sided with Senate Finance Committee Democrats and brought down Bush's tax package, refusing to extend capital-gains and dividend tax cuts, more than half of which would go to households with annual incomes of more than $1 million. "With three consecutive hurricanes and skyrocketing energy prices, the fiscal environment is quite different, and we have to think about what is doable," Snowe told TIME. Her resolve, which rankled Senate G.O.P. leaders and the Wall Street Journal's editorial page, inspired a literal thumbs-up from North Dakota Democrat Kent Conrad as he headed to the Senate...
...Snowe on Iraq (she told TIME there needs to be a "faster timetable" for handing Baghdad control) and conservative Supreme Court nominee Samuel Alito (the pro-choice Senator so far has remained neutral). Into the holiday weekend, G.O.P. leaders tried to force Snowe to cut a deal on the tax cuts but, says a G.O.P. staff member, she stands firm...