Word: taxingly
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Dates: during 1990-1999
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...someone mentions the words "equal distribution of wealth," communism inevitably comes to mind. There are many ways, however, that the country could seek to level the playing field without resorting to heavy-handed, interventionist behavior. Capitalism does not imply an unregulated economy. A simple raise of the federal income-tax on the highest tax bracket would take money from those who can spare it and funnel it into public programs that desperately need money. Instead, both Republicans and Democrats are advocating spending much of the budget surplus on tax cuts that largely benefit the country's wealthier half...
Returning money to people who are already middle-class or higher through a tax cut merely increases the demand for luxury goods, without resolving any of the serious issues that face our country. The past seven years have produced tremendous financial gains. It is now time to use that money on those who need it. The bull market has placed the United States at the top of the financial ladder. Perhaps now, we can turn our attention to those who were left behind...
...punches until someone went down," writes Robert Timberg in his account of McCain and four other notable academy grads of the Vietnam era. McCain's Manichaean take on the world may be effective in war, but it doesn't always work well on subtle issues like health care or tax cuts. "If you are against him, he sees you as evil or paid for or corrupt," says a colleague who has tangled with McCain but nevertheless admires...
...there is evidence that McCain is able to build bipartisan coalitions on occasion. He has successfully pushed for passage of the lobbying-gift ban, the line-item veto and the repeal of the catastrophic- health-care surtax, an unfair tax on seniors. As Commerce Committee chairman, McCain has shown the ability to navigate difficult issues like Y2K liability and whether to tax goods sold over the Internet, trimming his opinions to bang out a consensus. On the ill-fated campaign-finance reform, he has shaved away so many key elements to pick up support that some zealous supporters think...
...patient's bill of rights?" he asked. "Because Democrats are gridlocked by trial lawyers who want everybody to sue everybody for everything, and Republicans are gridlocked by insurance companies and HMOs who give huge amounts of money." Soon he's rumbling through the domestic agenda like a tank. "The tax code is 44,000 pages long--why can't we reform it? Because of the grip of the special interests." He even applies his worldview to the G.O.P.'s $792 billion tax cut, which Clinton vetoed in September. "It included special tax breaks for the oil-and-gas industry that...