Word: taxed
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Restricted-Access Data. The Crimson portrays the fact that restricted access provisions apply to some of my data as extraordinary, but such provisions are routine for school, health, wage, tax, and investment records. I made an informal survey of recent studies in the economics of education and found that 70 percent of them use data that are not entirely public...
...while the poor get poorer, the rich are getting richer. Last month, the national tax agency released its annual list of the country's top 100 taxpayers. Tatsuro Kiyohara, a 46-year-old fund manager at Tower Investment Management, ranked No. 1, with a tax bill that suggested a personal income of approximately $100 million. This marked the first time a wage earner had captured the top spot, an occasion that many writers and talk-show hosts alternately hailed and lamented as a signature moment in the new, more Darwinian society?for Kiyohara's pay is almost entirely performance-based...
...have, the voluminous regulations and procedures: all these form a thin veneer of a state that seems to resemble those in the West. But beneath lies a complex web of fixers and power brokers, go-betweens and patrons, geared to make things happen?whether negotiating a business deal or tax settlement, bringing government projects to a district, or, it would seem, adding up the votes. This complex web baffles outsiders, who often complain of the "high cost of doing business" in the Philippines...
...Ferdinand Marcos and Joseph Estrada fell from power in 1986 and 2001 respectively after Big Business wrote them off. In June, Arroyo's administration pushed through Congress a fiscal restructuring package to help avoid an Argentine-style financial crisis. But the cornerstone of that package?an expanded value-added tax?has been suspended by the Supreme Court. Increasingly, Arroyo is no longer seen as an asset but a liability. "We were on the verge of a major boom," says Joey Salceda, a Congressman who helped devise the economic plan. "That's gone...
...Klein gives Bush more credit than he deserves. He has consistently misguided the American public on his policies, including tax cuts, No Child Left Behind, Medicare, as well as the invasion of Iraq and what is really happening on the ground there now. He has also stacked the deck in areas such as environmental protection and the judiciary to benefit his biggest contributors. Bush's so-called achievements scare me, given how badly he could botch the Social Security system. Lynne Doyle Flower Mound, Texas...