Word: taxing
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...complexity of this task is magnified by the nature of the spending. Obama officials have suggested that as much as 40% of the stimulus spending will come in the form of tax cuts - the preference of Republicans - including rebates for individuals and business investment. That disclosure has already sparked grumbling among more liberal Democratic activists. Some parts of the stimulus package, like a possible extension of unemployment benefits, will prove to be politically popular. But a large chunk of the spending will come in the form of federally funded infrastructure investment, the sort of spending that is typically doled...
...intelligence infrastructure to face the new threats of terrorism. New intelligence and security departments and offices were created, emergency management plans improved across all levels of government, legal reforms implemented, and borders made more secure. In addition to overseeing a rapid recovery from the 2001 recession due to tax cuts and shrewd economic policy, the administration has made consequential efforts to shore up America’s economy in this latest financial crisis. As the largest buyers of sub prime mortgages from 2004 to 2007, Fannie Mae and Freddie Mac helped fuel the housing bubble and exacerbate the burst...
...mainly because it's often overcrowded and lacks basic products. "It's a horrible mess," Jones said on a recent Sunday morning, standing outside her family's church in the Lower Ninth Ward. She travels across the Mississippi River into neighboring Jefferson Parish for groceries. "We bring our tax dollars into other parishes, which is horrible. We shouldn't have to live like this," she says. "But unfortunately, our state and federal government has let us down. If we lived in another state, would we be suffering like this...
...printed all your lists in the magazine. But at least give us the chance to hear out your TV critic instead of printing his list in microscopic type on the cover. Also, in "Top 10 Religion Stories," your writer neglected to mention that the Mormon Church could lose its tax-exempt status if it is found to have substantively influenced legislation in its efforts to ratify California's Proposition 8, banning same-sex marriage. Jeff Sinclair, San Francisco...
...money that Kinsley hopes to inject into the economy must first be taken out of it. Add in collection costs and the usual political malfeasance, and we have a net loss to the economy. There's more: Kinsley argues that last summer's high oil prices were essentially a tax on consumers; the money just went to oil companies instead of the government. But he forgets that oil companies do not have control over their prices. If they did, then why would oil prices ever drop? Kinsley's logic does not follow. Ryan Young and Drew Tidwell, Competitive Enterprise Institute...