Word: taxingly
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Dates: during 1990-1999
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Just a few years ago, the triumvirate of Governors William F. Weld '66 of Massachusetts, Pete Wilson of California, and Christie Todd Whitman of New Jersey were hailed as the future saviors of the Republican Party. The "3 W's" of moderate Republicanism-fiscally conservative (tax and spending cuts) and socially liberal (pro-choice, pro-gay rights)-seemed to offer the perfect combination to lure the Republican Party back to the center from its Buchananite extremes. With their message of keeping the government out of the pocketbook and the bedroom, they could sell the all-important swing voters...
...Governor Whitman, she now finds herself in a surprisingly tight re-election fight against a little-known Democratic challenger. This despite three strong points in her favor: her national popularity after aggressive tax-cutting early in her term, a well-received response to President Clinton's State of the Union address, and her status as one of the biggest draws on the Republican speakers' circuit. Although she'll probably win, Whitman will have to earn her victory the old-fashioned way: by first overcoming voter anger directed at her for rising property taxes and the highest automobile insurance rates...
...Jersey, Whitman is simply paying the piper for her own sales pitch of four years ago. She won her first campaign for Governor by bashing incumbent Jim Florio for his tax hikes and pledging that she would reverse the trend. While income taxes were cut, her failure to control property taxes and auto insurance rates undercut her credibility. As any consumer knows, cheaper peanut butter is no bargain if jelly and bread still cost a fortune...
...between schools in poor neighborhoods that rely on government funds, and those in middle-class communities that can tap off-the-books parental money. Even some parent advocates got uneasy over the New York parents' brazenness. "The running of public schools should be the responsibility of the public through tax monies," said Lois Jean White, president of the national PTA. Other critics weren't so diplomatic. "It's not an 'extra' when you're talking about subsidizing salary for a teacher," says Jonathan Kozol, author of the 1991 book Savage Inequalities. "The moral justification of public education is being ripped...
...investments go, that's not exactly blowing the roof off. But take risk into account and tack on the tax and leverage benefits of a mortgage, and you have an asset that in coming years just might (gulp!) beat the stock market. Should you sell all your stocks and hire a carpenter? Of course not. For convenience and superior long-term returns, stocks remain the way to go. But real estate rises about as fast, and while you can't easily sell your house to capture the gain, you do get to live in it. Here...