Word: taxingly
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Dates: during 1990-1999
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Richard Nixon: One cannot turn on the television or radio without hearing comparisons made between "Monicagate" and Watergate. Just how short is the American public's memory? Although technically Nixon faced impeachment for obstruction of justice, that was a technicality--like taking down Al Capone on charges of tax evasion. One has to look at the nature of Nixon's obstruction: the use of the FBI, the CIA and hush money payments to cover up charges of breaking and entering, burglary, forgery, illegal wiretapping and electronic surveillance, conspiracy, illegal use of the IRS to investigate opponents and destruction of evidence...
...public opinion is slouching toward Washington, however slowly. For all those reasons, no one can rule out the possibility that he might just decide to throw up his hands and go. But everything in his past insists otherwise. In much of his political life, whether it involved welfare reform, tax cutting or health care, Clinton has been famously open to compromise and tactical retreat. Where he gets single-minded, however, is in matters involving his survival...
...Mark McGwire's unexpected triumphs last week was exposing the intricacies of the gift tax. The guy who grabbed Big Mac's 62nd home-run ball won't be saddled with a tax bill for returning it to the slugger, but you might not want to be so generous with your friends. Once a gift giver surpasses a $625,000 lifetime limit (part of his estate-tax exemption), he'll have to pay taxes each year on any gifts he hands out that are worth more than...
...longer formally recognizes the fraternity, which lost its housing license last November. The future of the Phi Gamma Delta property at 28, the Fenway--valued at $600,500 in the most recent tax assessment-remains undetermined...
Dershowitz expressed doubts that there were substantial legal grounds to impeach, arguing that the charge of perjury wasn't deemed an impeachable offense when President Nixon was found to have lied on his tax returns...