Word: taxingly
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Dates: during 1990-1999
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Echoing Meyer's sentiments, voters in Cape Cod last week rejected such a transfer tax...
...last week's vote is any indication of how such future real-estate-transfer tax bills will fare, Meyer will have his wish...
Certainly, some investors who live off dividends would cut and run. But there are powerful pro-investor arguments for dumping the dividend. One is that many investors reinvest dividends anyway and incur transaction costs to do so. But the main argument is that dividends are taxed as ordinary income, a marginal rate of up to 39.6%, while long-term stock gains are taxed as capital gains, a much lower rate of 20%. So it makes sense for companies to use their cash to buy back stock. Yes, a bear market could devour this strategy. But as long as the tax...
...Clinton?s claim three State of the Unions ago that ?the era of big government is over.? Senate Budget Chair Pete Domenici (R-N.M.) called the 1999 budget a ?magnificent contradiction.? That it is, but Clinton?s populist proposals -- 100,000 new teachers, child care tax credits for working families -- will be hard to fight head-on. The Republicans would do better to concentrate on Clinton?s fiscally risky use of the proposed tobacco settlement; although that $368.5 billion deal is nowhere near being inked, the President has already earmarked nearly a quarter of it for new spending plans...
When the Broncos take the field against the Green Bay Packers, there will be more at stake than Denver's first Super Bowl win in five tries. The fate of a new stadium, whose financing depends on ballot approval of a sales-tax extension, could hang in the balance. In early 1997, polls showed community sentiment running strongly against a publicly financed new home for the BRONCOS. But now, in the euphoria of a 12-4 season record and three play-off wins, Denverites seem ready and willing to tax themselves for the even greater glory of their gridders...