Word: taxed
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...group was happy to hear that Bush was committed, but what they really wanted to hear were some details about which hard choices Bush was going to make. Will there be benefit reductions? Will he support an increase in the retirement age? Will there be tax increases? They got nothing. Those discussions will happen later, said the President. The public needs to be educated about the problem first...
...George Bush likes to chuckle at this panicky stage in any drama. Throughout his career, critics have moaned fiery doom scenarios and Bush has regularly proven them wrong. From his maiden gubernatorial run as a political neophyte, to his first Presidential term's four tax cuts, he has beaten the odds by wearing down the opposition or grabbing a last minute compromise and declaring victory. ?Despite his history,? says a top White House aide, ?people say: ?yes, but this time it's different...
...worthy financial aid initiative certainly benefits from Rudenstine’s fundraising. So does his desire to internationalize the university, a costly proposition. And the toughest part of developing the Allston campus was probably taking the heat for buying the land in secret, or perhaps pushing through a tax on the endowment to fund Allston planning, as Rudenstine did. Moving the schools of education and public health to a shiny new campus is not exactly uprooting Harvard’s entrenched bureaucracies...
...During a press luncheon, Summers suggests that “selfishness” is the only reason the GOP is pushing for a repeal on the estate tax...
...treatment worked wonders, according to both Wessel and Murray, and in his whole career at the Treasury, Summers made only one serious public relations mistake, in a meeting during his tenure as deputy secretary about repealing the estate tax. The GOP had been trying to push the measure through Congress, and Summers told a group of reporters over lunch that there was no case for it “other than selfishness...