Word: taxingly
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Dates: during 1990-1999
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...main issue before the board this evening is how to sell voters on even higher taxes. The superintendent, Bill Gussner, wants to ask residents in April for approval to borrow some $10 million, by issuing new bonds, to repair leaky roofs and antiquated heating systems. But he also wants to collect more than 50[cents] per $100 valuation in new tax levies, most of which would go to raise the pay of the district's 292 teachers...
Webster Groves' taxes, which pay three-quarters of the school's budget, are not that out of line with those of neighboring districts like Kirkwood or Clayton. (A 58-year-old, 5-bedroom home that sold recently for $289,000 has an annual property tax of $2,914.) But because of the community's historic resistance to commercial development, and thus the limited options for raising new revenues, the board has little choice but to count on the district's voters to see them through to fiscal equilibrium...
...confirm that observation, one of a handful of parents attending the meeting, Peter Bakker, who has four daughters in the system, rises to urge the board not to settle for a tax increase that would only raise teacher's salaries slightly, but instead to "make Webster one of the best...
MUTUAL-FUND TAX DODGE On average, domestic mutual funds lose 2.5% of their total returns to capital-gains taxes, and few companies advertise their aftertax performance. Vanguard has become the first big firm to do so; others may follow. Until then, tax-minded investors--those investing outside an IRA or 401(k)--can find about 30 funds that are actively managed to minimize the tax hit. Here are a few top performers...
...TAX-MANAGED FUNDS...