Word: taxed
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Hubbard will play a key role in advancing the President’s economic agenda, which may involve overhauling social security, putting caps on lawsuit winnings and restructuring the tax code...
...active-duty forces. Under Pentagon policy, reservists and Guard troops can serve no more than 24 months total on a single military operation. The military has already released some Reserve troops from deployment because they have hit the 24-month ceiling--or offered them a $1,000 monthly tax-free bonus to waive the rule. That money upsets Helmly. "We must consider the point at which we confuse 'volunteer to become an American soldier' with 'mercenary,'" he wrote in his memo. In light of the force crunch, the Army is weighing a change that could compel repeated deployments...
...just as the N.A.A.C.P. has recovered its financial health, it is being investigated by the Internal Revenue Service. The IRS is reviewing the group's tax-exempt status on the grounds that it engaged in partisan politics, a no-no for nonprofits. N.A.A.C.P. chairman Julian Bond, who has accused the Bush Administration of drawing its "most rabid supporters from the Taliban wing of American politics," calls the probe an attempt to silence the group. "We're not going to allow any institution to prohibit us from fighting racism," he says...
...young women get home safely, which was what mattered most. And keeping the opposition in the loop would provide political cover. "All of the most delicate negotiations," says one Berlusconi ally, "have the stamp of Letta." Along with the reshuffle that brought Follini into the Cabinet, Berlusconi orchestrated a tax-cut plan that gave him his first boost in the polls in well over a year. Here again, Letta played the role of political guarantor, assuring Economy Minister Domenico Siniscalco that the cuts would not put Italy's credit ratings at risk or push its deficit above the E.U. limit...
...micro-loans to emerging small businesses. And, at home, we missed the opportunity to stop America’s twenty-first century decline—by rejecting the continuation of a near-sighted administration, and doing what it takes to rebuild our competitiveness: repealing Bush’s greedy tax cut that explodes our debt and socks a $30,000 “birth tax” on every young American and investing in math and science education, homeland security and energy independence...