Word: taxing
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Dates: during 1980-1989
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Peterson's prescription demands that the nation magnanimously take on the burden of Reagan's extravagance: that all domestic spending--including entitlement programs--be cut, and that defense spending be "restrained" or allowed to grow only modestly. Peterson would assent to a tax increase only as a last resort, and then only "in ways that discourage consumption and encourage investment...
Pierce announced that there will be a Tax Day Demonstration at the John F. Kennedy Building in Boston on April...
Jackson courageously has advocated increasing the tax rate for corporation and for the wealthiest Americans, has suggested withholding social security and Medicare benefits from the wealthy and has called for substantial and potentially destabilizing cuts in a host of weapons systems. But many economists, even Democratic economists, believe that this revenue will not be enough to pay for his domestic programs...
Jackson regularly professes solidarity with the oppressed workers overseas. In international trade, however, he says he will reduce the United States' trade deficit by abolishing tax incentives for American companies that build plants abroad, under the assumption that they would then reinvest in America. But such a policy would actually hurt foreing workers, since most Third World countries simply cannot afford to pay their workers American-size wages. As another Democratic economist told the Times, such restrictions would end up "destroying the only hope of the very people Jackson says he feels solidarity with...
...Mecham drew fire for rescinding a Martin Luther King, Jr. holiday, a move that prompted a boycott of Arizona by organizations looking to hold conventions in Arizona, and defended the use of the word "pickaninny" for Black children. He also came under attack for appointments deemed unqualified, including a tax official who didn't file his taxes...