Word: taxingly
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Politically, the lottery solves a problem that has vexed Southern Democrats for years. The public schools in states like Alabama and South Carolina are badly underfunded and consistently score near the bottom in national rankings. But tax hating is one of the South's cherished pastimes. Carville's epiphany was that if Democrats could portray the lottery as a tax-free way to improve education, government spending could once again become a winning issue. And the Republicans, hostage to the Christian right's antigambling fervor, would be painted into a corner...
...pages long, and on each page was a series of interconnected boxes. There were more than 50 boxes in all, each labeled with a particular project of the Speaker's--in those days the Speaker had projects the way cats have kittens. The projects ranged from the commonplace, like tax cuts, to the arcane, like the development of Internet technology in the practice of medicine. On the document's first page, in capital letters, was the rubric under which all this dizzy activity was to take place: NEWTWORLD. Newtworld was a very busy place. And Newt Gingrich was a very...
Just about every large U.S. corporation has an FSC; Intel, Eastman Kodak, General Motors, Caterpillar, Union Carbide, Chrysler, R.J. Reynolds and Georgia-Pacific are just a few. And why not? A corporation with an FSC can shelter 15% or more of its export profits from federal income tax...
...corporate-welfare programs, this one isn't available to all companies. It goes only to those that export. The truth is, most large corporations that use the FSC break are already robust exporters and don't need much encouragement to ship abroad. They would export with or without the tax break. In this decade alone, this single corporate-welfare program has cost U.S. taxpayers more than $10 billion, with about $8 billion of that flowing to the largest corporations...
FSCs are but one of scores of corporate-welfare programs run out of Washington. At any given moment, one U.S. agency or another is passing out money or tax breaks--to subsidize activities ranging from shipbuilding to coal research, from the sale of U.S.-made weapons overseas to peanut farming. Washington helps buy crop insurance for tobacco, builds roads into national forests for the timber industry, sells minerals on public lands at bargain-basement rates and offers cut-rate electricity for businesses like casinos. The Feds help shippers that use inland waterways and bail out American banks with loans gone...