Word: taxed
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...many points with American voters. Iraq and the war on terrorism now define the Bush presidency. There is no money for any popular domestic initiatives. Already some Republicans can be heard muttering that the huge federal budget deficit may make it prudent to delay some of Bush's promised tax cuts. Two years ago, Bush set himself a bold--audacious--set of tasks. How well they turn out will determine how politically strong he is in a year's time. That is the reality for George Bush, and it bites. --Reported by Massimo Calabresi, Matthew Cooper, John F. Dickerson, Mark...
10¢ Amount of a proposed tax on espresso drinks in Seattle, which would support preschool programs for poor children...
...Number of Starbucks stores in Seattle that would be affected by the new tax...
...decline in manufacturing, which accounts for the lion's share of the 3 million jobs lost on Bush's watch, but that loss obscures the more salubrious effects of free trade--lower prices. "The trade agreements of the '90s," Clinton Treasury Secretary Lawrence Summers has said, "represent the biggest tax cut in the history of the world." In truth, none of the plausible Democrats--not even Gephardt, who has made a career of protectionism--could do much more than rant about international labor and environmental standards if elected. The economic risks of tariffs are too great. But the posturing seems...
Robert Posen, the head of the stateās Office Commerce and Labor, told the audience during his presentation that the state continues to reserve deep tax cuts for manufacturers despite budget woes...