Word: taxing
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Dates: during 1980-1989
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...nearly solid bloc of Republicans--only Doug Bereuter (R-Neb.) defected--was joined by 64 Democrats, chiefly from timber and farm areas in the 239-190 vote to redeem Bush's campaign promise to tax investment income at a lower rate than wages...
...tax reduction, said House Republican Leader Robert H. Michel of Illinois, "fits well with the economic and tax policies which have guided this nation through 82 record months of growth creating hundreds of thousands of new, productive and lasting jobs in our nation...
Majority Leader Richard Gephardt (D-Mo.) called the plan "a $25,000-a-year tax cut on average to 375,000 American families--the wealthiest families in America--for some decision they already made--not for something they might do in the future...
...white suburbanites. But Barrow has been blasting at Young's predilection for sparkling downtown development projects over measures to help the city's devastated neighborhoods. A cousin of the heavyweight champion Joe Louis, Barrow also derides the mayor as a holdover "from an old era" who naively granted sizable tax abatements to Chrysler and General Motors for plant construction projects that did not create as many jobs as promised or that cost taxpayers too much. Barrow promotes himself as wise in the ways of business and administration...
Aggressive fund raising has eased the crunch to some extent. As many as 60 schools are now conducting drives with goals of more than $100 million; three are seeking to break the $1 billion mark. But changes in the tax code have made giving less attractive, and many endowments are still feeling the aftershocks of the 1987 market crash. "How can we look so rich, yet feel so poor?" asks Donald Kennedy, president of Stanford, which faces a projected $11 million shortfall this year...