Word: taxing
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Dates: during 2000-2009
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...Tax on Homes Bravo to Justin Fox for his comments on tax relief for homeowners in his article "Get Homes off Welfare" [Oct. 12]. I don't know if it is politically feasible or desirable to remove all benefits, but how about dismantling tax benefits for owners of second homes? In many European countries speculators build tax-subsidized holiday homes, and then rent them out at exorbitant rates while receiving substantial tax relief on their mortgages. The result is to price local people out of the property market while losing agricultural land to so-called residential development, which may well...
...Given the number of foreign companies that have set up their own facilities in China, the government is unlikely to let them fail completely, says New Energy Finance's Ying. "If they have manufacturing capacity in China, they generate GDP, generate tax revenue, generate employment, I do not see a reason why the Chinese government would let them die," he says. "A parent may like one child more than the other, but at the end of the day I think they will continue to do well and continue to do business in China." With the rest of the global economy...
...Homes Off Welfare" is quite a stretch [Oct. 12]. Real estate values have plummeted not because of government aid but because of people making poor decisions with their money after being convinced they could buy more than they could afford. My wife and I will be putting our tax credit into improving our new home, thereby injecting that money right back into the economy. Plenty of us are responsible enough to know our limitations and make good decisions with our money. Do not take benefits away from us because of the people who do not. Brett Konjoian, Allentown...
...just decided to go ahead and do this 2009 version of Mr. Smith Goes to Washington. And it seems to be working." Upstate political observers say Hoffman has struck a chord with voters based on his deficit-reduction message and pro-life stance. He also supports a flat tax and lists four other "issues" on his campaign website's homepage: "Gay Marriage," "Bank Bailout," "No Pork Pledge" and "ACORN." "I'm fighting for the heart and soul of the Republican Party," says Hoffman, who helped manage the finances of the 1980 Winter Olympics in Lake Placid...
...money flowing to Hoffman's campaign from conservative interest groups has been used to paint Scozzafava as a leftist. True, Scozzafava supports abortion rights, gay marriage and the pro-union legislation known as Card Check. But she is endorsed by the National Rifle Association, she supported the Bush tax cuts, and she opposes much of Obama's health care plan. "Whether you agree with Scozzafava or not or whether you like her politics or not, there's this real cognitive dissonance between the woman that we know and this bizarre caricature of her that's being described out there," says...