Word: taxing
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...problem brings the trouble of rising deficits and falling GDP and tax collections closer to the U.S.. The largest purchaser of American Treasuries, China, has already voiced concern about the profligacy of spending that is part of the plan to pull the U.S. out of a deep recession. If China cuts back its purchases of Treasuries, even a bit, interest rates on paper issued in the future could move up substantially...
...would benefit from greater diversity of opinion," he says, adding that her small circle of confidants leaves her isolated and vulnerable to missteps when unanticipated issues arise. In the wake of the AIG bonus scandal, for example, Pelosi and other leaders moved quickly to pass sweeping legislation to drastically tax executive compensation. Such a gesture might have done incredible damage to the market had cooler heads in the Administration and the Senate not prevailed...
...with a hit. They conspire to put on the worst play they can find, a sentimental diatribe called Springtime for Hitler, written by a lederhosen-clad neo-Nazi pigeon keeper. Unfortunately for the unlikely heroes, Springtime for Hitler is a smash, and they wind up in the can for tax fraud. (Read "What's Wrong with This Spring's Broadway Plays...
...customers got to learn about what happened to the local GM or Chrysler franchise by reading it in the paper. The two manufacturers may have forgotten that many of the owners of dealerships are community business leaders in their hometowns. They may be a large part of the local tax base. They may go to church with the next twenty people who will buy cars in the town where the dealer is located. (See ten things you should know about the Nano...
When times are good, California's diverse economy generates ample tax dollars, especially from income taxes on high earners. But when times are bad, the state's overreliance on income taxes can push the state's finances quickly into the red. Whatever the outcome of Tuesday's vote, Californians are bracing for sharp cuts in programs and services from their state government - and they will have to figure out how to recover from this fiscal earthquake...