Word: taxed
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With Cambridge property taxes up sharply this year, city councillors unanimously called on Harvard and MIT to increase their voluntary annual payments to the city yesterday, a move that plays on local resentment toward tax-free universities...
...core of Yukos--a Siberia-based corporation called Yugansk Oil & Gas--if the government auctions it off. Yukos says a forced sale of Yugansk, which reportedly may be priced way below market value, would violate Russian statutes that stipulate that noncore assets be sold first in the event of tax claims. "This has nothing to do with taxes and everything to do with expropriation," argues Robert Amsterdam, a Toronto-based lawyer for Khodorkovsky...
Yukos, by contrast, says it can't get through to the authorities, no matter how hard it tries. It has proposed settling its tax dispute, even offering to give up substantial ownership, to no avail. Lawyers for Khodorkovsky have filed a formal complaint at the European Court of Human Rights in Strasbourg, France, alleging unlawful detention, and Yukos' lawyers are bracing for the forced sale of the Yugansk subsidiary later this month. "Whoever buys it will be buying an enormous set of lawsuits," warns Stuart E. Eizenstat, a former U.S. Under Secretary of State who is advising Yukos shareholder Menatep...
...economic part of the equation. But most peoplerightlydo not believe that a President can do much to stem the outflow of manufacturing jobs. Universal health care seems a pipe dream too. Indeed, Kerry's offering a $1,000 reduction in health-care premiums and a $4,000 tuition tax credit while he also promised to cut the budget deficit sounded like political flimflam...
...Darrell Livingston, 51, from Winterhaven, Fla., who works on Essider's metering equipment, says he was once detained by federal agents after arriving home and asked to inform for them in Libya. Livingston says he rejected their offer but kept his job, even filing yearly U.S. tax returns listing his overseas residence as Libya. "The IRS didn't seem to care," Livingston says...