Word: taxes
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Dates: during 1980-1989
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Tears failed to save hotelier Leona Helmsley, 69, the "Queen of Mean," who once sneered that only "little people pay taxes." Imploring Federal Judge John M. Walker Jr. not to imprison her for tax evasion, Helmsley wept, "I am more humiliated and ashamed than anybody could ever imagine." The judge was unmoved. Her attempt to charge off as business expenses items ranging from a $12.99 girdle to a $1.2 million pool enclosure for her mansion was the "product of naked greed," he declared. Helmsley is appealing the verdict, but as she left the courtroom, one of the little people...
Some lawmakers have made vacation plans for the week between Christmas and New Year's Day and do not plan to cancel them, a move that could crimp efforts to bring a tax increase bill to the floor by the year...
House leaders are considering a plan that would increase the 5 percent sales tax by a penny on the dollar and broaden it to apply to additional items. Also under consideration is a gasoline tax increase to raise money to repair roads and bridges...
...delay in formal action on the savings package affects the tax bill since many House members want to vote on the savings compromise before turning again to taxes...
House Democratic leaders were forced to shelve a $1.2 billion tax plan December I when they could not get the votes for its passage...