Word: taxed
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Some parties are meant to be skipped--like when a convicted tax cheat dons a crown in a federal office building, declares himself the Messiah and claims to have redeemed the souls of Hitler and Stalin. When Salon.com revealed last week that dozens of legislators attended a bizarre event staged by eccentric businessman and wealthy campaign contributor THE REV. SUN MYUNG MOON in the Dirksen Senate Office Building last March, red-faced pols said they had been duped by invitations to a "peace-awards banquet." "This went far beyond anything that I expected," said Representative Danny Davis of Illinois...
...high that the Philippines must continue borrowing just to pay off the interest, a situation that could choke the economy's recent growth. The trouble is, the President has virtually no mandate to push through the painful fiscal measures needed to cut the mounting deficit. Unpopular plans to tax SMS messages and raise duties on tobacco and alcohol have already been scrapped. And Arroyo is now expected to deliver on a raft of expensive campaign promises that, politically, she can't afford to drop. Add an unresolved terrorism threat and the possibility of another "People Power" revolt, and you might...
...election to Jimmy Carter was Watergate. They thought they had found a formula to describe us in a way that would basically move us out of consideration with the American people, rooted in the receding memory of the '60s. You know, weak on crime, fiscally irresponsible, never met a tax we didn't like, never met a program we didn't like, couldn't defend the country...
...team of commissioners, Delors says, the national governments tend to dismiss them as "a mere group of fonctionnaires." That's pretty much the view from the big capitals right now. And who's complaining? Federalism is out and national sovereignty is in, as the constitutional agreement shows: foreign and tax policies, for example, remain subject to national vetoes. "The big players want a relatively nonpowerful, amenable Commission President that everyone can call a 'good European': whatever that means," says one European diplomat and former high Commission official. Barroso would fit that bill. But if the constitutional treaty is ratified...
...generally have been willing to ignore deficits and inflation while focusing on economic growth (good for stocks). Yet that fairly describes Bush today. Meanwhile, Kerry has pledged to cut the deficit in half, which would keep interest rates down (good for bonds). Also, he would try to rescind the tax cut on stock dividends. That could cast a pall over stocks--especially those that pay a dividend...