Word: taxed
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...disgusting that in our worsening deficit crisis we are still hearing only of proposals for revenue-neutral tax reforms. Worse yet, proponents of the current House Ways and Means tax-reform bill are selling it primarily on the basis of how much it will cut taxes. The appeal is to greed rather than to our nobler instincts of common sacrifice for the common good. Robert D. King Kennebunk, Me. Gander Crash...
...spend so much of our tax money on defense yet put our servicemen on planes that are unfit to fly [NATION, Dec. 23]. Our 248 young men and women should not have died in Newfoundland. We must do something to avert further tragic waste of life. Cheri Hansen Yorba Linda, Calif...
...Democratic budget, to be offered as an alternative to whatever Ronald Reagan proposes for fiscal 1987. It will contain some spending cuts, but also a higher corporate minimum tax and higher rates on upper-income individuals than are proposed in the current tax-reform bill. To reduce budget deficits, says Hart, "there will have to be additional revenue. Anybody who tells the truth in Washington will tell you that...
...nothing better than salting his conversation with wry barbs, often aimed at Bob Dole. He even pokes fun at his presidential ambitions, which are complicated by the fact that this year he will frequently find himself at odds with Ronald Reagan or congressional Republicans or both over issues like tax reform and the budget. "I've been trying to keep one foot in 1988," he noted as he relaxed on a plane trip from his native Kansas last week. "Or one toe maybe. I may not have a foot...
With his full-throttle metabolism, the acerbic Senate majority leader seems energized by confrontation, and he is braced for a good dose of it once Congress returns this week. Reagan will be pushing the Senate to overhaul the tax-reform plan passed by the House last year and to make difficult new cuts in domestic spending. Most Senate Republicans feel that tangling with tax reform is less important than tackling the budget; as Dole well knows, addressing that mess requires military cuts and tax increases that will raise Reagan's ire. How Dole handles his task as ringmaster of this...