Word: taxed
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...state treasurer Phil Angelides, a Democrat running for Governor in 2006, "He would be asking everyone to make sacrifices. But he has been totally unwilling to ask those with means to give a nickel of their resources. We need a comprehensive package-spending cuts and revenue increases," that is, tax hikes. Angelides adds that G.O.P. Governors Ronald Reagan and Pete Wilson proposed both...
...asked Schwarzenegger about the imbalance, especially the property-tax situation-a problem the Governor's informal financial adviser, Warren Buffett, has said was key to solving California's fiscal crisis. "We looked at that," Schwarzenegger told me, "but we decided that California had a spending problem, not a revenue problem." This seemed palpably ridiculous, given that California is 42nd in the nation in per-pupil education spending. But the Governor wasn't budging, and our conversation drifted into his standard riffs, some of them quite entertaining, about the "dinosaurs" in Sacramento who introduce bills about "plastic surgery for dogs...
...accounts for as much as 8% of gross domestic product. "The authorities must either take whatever steps are appropriate to persuade the Chinese to limit their appetite for the E.U. market or they will bear the heavy responsibility of further factory closures, rising unemployment and the resultant impact on tax and social security revenues," says Euratex President Filiep Libeert, who is urging the European Commission to limit Chinese exports by invoking a "safeguard clause." The E.U. is allowed to take such action under world trade rules if it deems that markets have become disorderly...
...know, one way they stopped churches from getting into politics was Lyndon Johnson, who passed a law that said you couldn't get in politics or you're going to lose your tax-exempt status, because they were all opposed to him when he was running for President. That law we're trying to repeal. It's very difficult to do that, but the point is, when they can knock out a leader, then no other leader will step forward for a while, because they don't want to go through the same thing. If they go after...
Conservatives kick our collective butts by framing the debate with manipulative language. They invented the “Death Tax” to replace the Estate Tax (picture: grim reaper as tax collector), the “personal investment account” to replace privatized Social Security (picture the empowered investor-citizen, chest out, cape flapping in the wind) and the horribly racist stereotype of the “welfare queen” to destroy governmental social programs (picture single mother proudly collecting her check and watching...