Word: taxed
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...also turning a blind eye to the huge deficits projected over the rest of the decade and the danger of a fiscal crunch when America’s credit lines dry up. Instead of facing up to the rising tide of red ink, Bush is pressing for his tax cuts to be made permanent, while congressional Republicans have killed attempts to revive the “pay as you go” budget rules of the Clinton era. And that’s not the only rising tide Bush has ignored. The president’s alternative to the Kyoto...
...Kremlin allegedly favors the idea of France's Total taking 25% of Sibneft - the oil company in which Yukos says it has a 92% holding. (Total denied it was interested.) A group of foreign banks warned Yukos that with Russia having frozen its assets over a $3.5 billion tax claim, the company was in danger of defaulting on a $1 billion loan. Now here comes pro-government politician Viktor Gerashchenko, dubbed by former Kremlin economics advisor Jeffrey Sachs as "the worst central banker in history" after presiding over the crash of the ruble in 1994, to announce that Yukos...
Looming over preparations for next fiscal year’s budget is Harvard’s ongoing preparation for a new campus in Allston, which has already imposed a burden on budgets at schools across the University. A 25-year tax on endowment income, which disproportionately affects FAS, is expected to partially fund Allston land purchase and construction...
...million Number of taxpayers who filed their income tax returns on the Internet, up 21% from last year...
Under new campaign-finance rules, big donors can no longer spend lavish sums to entertain politicians at the parties' national conventions. But that won't stop the partying this year. House majority leader Tom DeLay has set up a tax-exempt charity called Celebrations for Children, which will raise hundreds of thousands of dollars from top donors at the Republican Convention in New York City by offering them yacht cruises, tickets to Broadway shows and the chance to mingle with Republican lawmakers at parties. DeLay aides say all the net proceeds will go to programs for foster children, a cause...