Word: taxed
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...frank comparison of classes, recalling both the senator’s own past rhetoric on the campaign trail and former president Bill Clinton’s sharper digs at the Bush tax cuts on Monday night, countered criticism of Kerry as an aristocratic New England liberal...
Reich also said he could not figure out the economic rationale behind Bush’s tax cuts, which Reich said failed to stimulate the economy...
...give very rich people tax cuts, they are not going to turn out the extra money. They are already spending as much as they want to spend,” Reich said. “That is the definition of being rich...
...rise in philanthropy helps fill growing funding gaps across Europe. Budget deficits have been on the rise since the 1990s owing to economic downturns and rising health and retirement costs. As a result, France, Spain, Belgium, Britain and Germany have introduced new laws--including bigger tax breaks--that encourage philanthropy. Scheubeck, for one, says the tax changes made the idea of creating his foundation "more interesting...
...yielding 2.10% annually and one at VirtualBank that pays 2.15%. David Yeske, a certified financial planner in San Francisco, points out that high yields from Internet-only banks often come with restrictions, like no paper checks. Peter Crane, vice president at iMoneyNet, also notes that people living in high-tax states like California, New York, Massachusetts and Pennsylvania might benefit by buying tax-exempt funds...