Word: taxed
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Many of the reporters who cover campaigns, shall we say, swim in the shallow end of the pool—and have, consequently, missed this. But what Kerry has consistently offered—beyond a (relatively minor) corporate tax restructuring, and an underreported (but dramatic) new focus on math and science education—is the beginning of an economic competitiveness agenda actually worthy of the next American president. A president who realizes that, in many ways, the world isn’t divided between good and evil, but between those getting ahead and those falling behind?...
...with a healthy 3% annual growth rate, home ownership at record levels, and inflation and interest rates that are well within control, the economy's performance wouldn't be a problem. But despite the positive indicators, George Bush continues to be under attack, with economists decrying everything from his tax cuts to the gaping budget deficit. What's more, in a new TIME poll, 62% of Americans call economic conditions "only fair" or "poor." What's really going on here...
KERRY He tries to take on health-care costs and offshore outsourcing in a single bound. In industries affected by outsourcing, Kerry would give companies a tax credit to offset the cost of worker benefits, making it cheaper to hire them...
...BOTTOM LINE Economists give Kerry credit for addressing the heart of the problem: workers are expensive. But economists have doubts about whether this limited policy will make a real difference. They are much less excited about Bush's tax cuts, which could fire up some consumer spending, but not enough to add jobs, and would worsen the deficit. "We can't afford them anymore," says Diane Swonk, chief economist at Bank One. Shrinking the deficit or making big changes to the health-care system, the experts say, would do more to shore up business confidence and boost hiring...
...economists doubt that the current Bush tax cuts, $290 billion in this year alone, helped stimulate the economy at first. Those rebate checks that arrived in the fall of 2001 helped prop up the economy during a dark period, and consumer spending helped the U.S. make its way to recovery. Now that the economy is improving, the calculus for tax cuts is different. Will cutting taxes further make a meaningful difference to the economy? And even if it does, can we afford to increase the deficit for the sake of tax relief...