Word: taxingly
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Dates: during 1990-1999
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...Cambridge, the City Council is expected to pass a living wage ordinance of $10 this Friday. Still, such a measure would not necessarily bind Harvard, which does not benefit from Cambridge money (it does receive tax exemptions and other subsidies, however). The Harvard Living Wage Campaign, backed by the Undergraduate Council, simply wants the largest employer in Cambridge to mirror city standards...
Kasich gave her the same answer he gives to almost every other question these days: Government can help by cutting taxes. More specifically, by using the postdeficit era's budget surpluses to slash federal income-tax rates 10% across the board--a total of $776 billion in tax cuts over 10 years. That's the essence of the Kasich plan, which the House budget chief introduced last month to the cheers of fellow Republicans trying to persuade Americans to forget all about the G.O.P.'s impeachment binge. Tax cuts, after all, are the sturdiest of Republican perennials--the glue that...
...sounds like a message that will resonate with voters--so why isn't the Kasich plan catching on? It doesn't resonate with retired seniors like Radford, who pays little federal income tax and so wouldn't benefit from it, or with small-business owners like Don Rudd, 53, of Des Moines, who called Kasich's idea "fluff" during the Congressman's swing through Iowa. And now it isn't even resonating with Republican congressional leaders, whose initial enthusiasm quickly faded--first into nervous, qualified support and finally, by last week, into utter indifference and near disdain. Even some conservatives...
Having already agreed to Clinton's insistence that 62% of each year's budget surplus be set aside for Social Security, many G.O.P. members fear that pushing an across-the-board income-tax cut could lead to disaster as Democrats bash them for favoring the rich (who would benefit most from such a cut). So moderates have lined up behind a far less ambitious package of targeted, Clinton-style tax breaks crafted by Connecticut's Nancy Johnson. Senate majority leader Trent Lott, who only two weeks ago was flogging the 10% cut at a town-hall meeting in Michigan...
REITs are investment companies that finance, own or operate commercial properties, including offices, malls, apartments and hotels. By law, they must pay out 95% of their rental and other income as dividends in exchange for certain tax advantages. REITs have flourished in the '90s as developers have sold shares into the bull market to raise capital instead of using banks and pension funds. Investors viewed these publicly traded stocks as a quick way in and out of the real estate game...