Word: taxed
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...have Bush-Cheney mentioned what would happen to people whose investments in these private accounts went belly-up. This plan is part of their larger “Ownership Society” agenda, a cornucopia of giveaways for the rich, including high-deductible health savings tax shelters that only help the wealthy-and-healthy and the incremental abolition of taxation on savings income...
...livable income, save and even become entrepreneurs. But many lack those resources, because they’re struggling just to get by. Nor can they borrow capital to fund their education or start a small business, because they don’t have any collateral. No amount of tax credits is going to help them out of this poverty trap—high taxes are not holding low-income families back. But this point is apparently lost on Mr. Bush, who was born with enough money, connections and incompetence to run several oil companies into the ground...
...lose your job, you don't lose everything else with it. But there is a different problem: firms do not have an incentive to, say, take people who are programmers and train them to be systems-integration network engineers. We ought to have some kind of human-capital-investment tax credit, which would subsidize, for example, cross training an IT person in another sector, like health care. It improves the match between the workers' skills and the skills that are being demanded. The nation as a whole gets a spillover benefit if all firms engage in this kind of training...
...role as protector of America's economic future, Greenspan sometimes acts to head off scenarios that are exceedingly remote but, in the worst case, could do extreme damage. Concerned last year that growth was not taking hold despite large tax cuts and worried over the slim possibility that the economy could slip into a deflationary spiral, he opted to cut short-term interest rates to 1%, their lowest level since 1958. "His policy was to move aggressively to pre-empt the chance that this small-probability event would ever take place," says Roger Ferguson, the Fed's vice chairman...
DOES KERRY KNOW WHAT THE AVERAGE American wants? Does he understand our worries about the future of our economy and the importance of permanent tax cuts? Or about our desire to ensure a strong, safe, proud America for our children and grandchildren? I am afraid that Kerry doesn't even seem to know himself. I do believe that he sincerely desires to be our President, but what can he do for the U.S.? So far, I'm not sure that Kerry truly cares about anything except adding "U.S. President" to his rsum?...