Word: taxed
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ESSAY: Michael Kinsley on why tax cuts don't guarantee budget cuts...
...justify cutting taxes when you're already running a huge deficit and you're adding new spending like an extra $400 billion on Medicare? For a quarter-century, tax-cut junkies have had two answers to that. One is supply-side economics: There is no need to cut spending. Tax cuts can be so liberating they will actually pay for themselves, and then some, by inspiring new economic activity...
...rich industrial city sits in Mexico's cowboy north, a favorite backdrop for Fox and his conservative National Action Party (pan). Mexicans now wonder if Fox's immigration win - which may grant temporary U.S. legal status to millions of Mexican migrant workers - can help him revive other reforms, from tax policies to the judicial system. Fox started his presidency with an amazing 80% approval rating. And he has scored some important wins - Mexico's first serious crackdown on drug lords and the opening to public scrutiny of its corrupt and cryptic bureaucracy. In a nation where Presidents have long ruled...
...many French smokers would rather quit than fight. That was the logic behind last week's hike in French cigarette prices - the third in a series of increases over the past year that have made the deadly habit 30-50% more expensive for France's 20 million smokers. The tax boost - elevating a pack of Marlboros to 35 - brings French cigarette prices to the third-highest in Europe (behind the U.K. and Norway ), and increases revenues to treat tobacco-related diseases that cause 66,000 deaths in France annually. Infuriated French tobacconists claim the move is pricing them...
...debate whether Dean’s really liberal, or whether anyone actually likes Clark. But this will do little to change the fact that too many Americans are in prison, receive little pay and even less respect for the jobs they do, and are sending billions of tax dollars to a government that fosters corporate greed. Politicians can make a difference, one outside center said, if they “decide that oppressed people matter.” But have any of the Democratic candidates made that decision? Radcliffe Rugby speaks, and we would do well to listen...