Word: taxed
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...Bush, preserving the tax cuts and swiping the Medicare-drug issue from Democrats are higher priorities than appeasing the party's spending hawks. He has been arguing that the deficit is partly the result of all the foreign challenges facing the country. "The reason we are where we are in terms of the deficit," Bush said, "is because we went through a recession, we were attacked, and we're fighting a war." But the Congressional Budget Office suggests otherwise, explaining that 36% of the deficit comes from the Bush tax cuts, 31% from spending on defense and security...
...Treasury bonds, thus lending America the money to keep its economy humming. The Chinese and American economies have grown so interconnected that even Beijing's efforts to throw Washington a bone by curbing some exports irritate certain U.S. firms. In October, China responded to U.S. pressure by reducing a tax rebate for firms selling abroad. Multinationals operating in China complained. "Foreign companies were hurt disproportionately because so many are set up for export and expected that rebate," says a senior executive of Motorola, which sells Chinese-made mobile phones around the world. Sales from foreign companies operating in China account...
...contain its ballooning budget deficit, the French government last week wrote a 31.5 billion check to a famously well-fed group: the nation's restaurant owners. It was billed as just deserts after President Jacques Chirac failed to convince other European Union nations to lower the value-added tax on restaurant meals from the current 19.6% to 5%. The move illustrates the clout of the food lobby and its leader André Daguin, a former two-star Michelin chef. They claimed they could create 40,000 new jobs if they got the tax break on social-insurance costs - and hinted...
Hubbard—currently a tenured professor at Columbia University—was a principal architect of Bush’s tax cuts. Hubbard worked under President Bush from...
...courtesy of Fried. You could say he was the founder, president, CEO, CFO, general manager and head coach of this outfit. In fact, the Crimson City Hockey Clinic might become a non-profit organization in the official sense. Yesterday Fried filed paperwork with the IRS in hopes of achieving tax-exempt status...