Word: taxing
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Dates: during 2000-2009
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...it’s also true that my former congressman, Jim Leach, was one of only six Republicans in the House to vote against authorizing the war in Iraq and the only one to vote against Bush’s 2003 tax cut; despite these moderate views, he lost my district to a Democrat in 2006. That Democrat, Dave Loebsack, now sits in the Congressional Progressive Caucus alongside Barney Frank ’ 62 and Bernie Sanders. Iowa also gave Barack Obama his first victory of the primary cycle, silencing those who insisted that an African-American candidate couldn?...
...unemployed (about $19 billion) and providing financing for small- and medium-sized companies (about $30 billion); improvements in health care, nursing and child care; subsidizing the development and use of solar energy and environmentally friendly technologies; and public-works projects to help regional economies. Revisions to the tax system, including tax cuts, are also included in the economic plan. (See pictures of Japan and the world...
...Paul Krugman, the devil’s advocate on the left, tells us that we need more stimulus. Now is exactly the time when we should want to suspend regressive taxes and put money back in the hands of low- and middle-income families to spur household consumption. While economists can argue about the relative effectiveness of government spending as opposed to tax cuts in stimulating the economy (Krugman would presumably find a reason not to like this idea), who can deny that there would be a positive jolt to consumer spending from something as dramatic as a complete suspension...
...Yosano, the stimulus package marks something of a break with the past. He has a reputation as a deficit hawk. As recently as 2006, when minister of the economy, he moved to slash government expenditure 40% over five years, balance the budget by 2012 and double the consumption tax to 10% by 2015. In the light of Japan's economic meltdown, all that has changed. Like other deficit-busters, Yosano has turned to old-fashioned Keynesian demand management to kick-start the economy. "He shifted completely to say that to get over this crisis we need a big stimulus package...
...vicious fight with predecessor Thabo Mbeki that split the party - and led to COPE's formation. In 2005 his business adviser, Shabir Shaik, was sentenced to 15 years for soliciting bribes for him, and for years Zuma has faced a related prosecution for corruption, racketeering, fraud, money-laundering and tax evasion. Last month, Shaik secured an early release because of hypertension. On April 6, after three years of trying to bring Zuma to court, the National Prosecuting Authority dropped the case. State prosecutors denied yielding to pressure by the incoming Zuma government, while arguing - after years of denial - that their...