Word: taxingly
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Dates: during 1990-1999
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...environment may help explain why front runner Bush has for weeks been so strangely coy about his plans, in hopes of lowering the near impossible expectations piling up around him. Millionaire publishing tycoon Steve Forbes, in his fourth year of nonstop campaigning, has replaced his passion for the flat tax with sermons on abortion, winning few converts. John McCain, the maverick Arizona Senator, announced his semi-candidacy last week by talking about campaign-finance reform, and former Education Secretary Lamar Alexander jumped in (again). The party's absolutist wing looks like a scrapyard. Last week it saw its darling, Senator...
...Committee, believes he knows a good idea when he sees one: his own. Roth is proposing to take his popular Roth IRA idea and graft it onto employee 401(k) plans. The central feature of the proposal would be to make the earnings on contributions in 401(k) plans tax-free when they are distributed at retirement, much like the Roth IRA. "Obviously, any attempt to increase savings would be helpful to both savers and the economy," says Bernard Baumohl, TIME senior economics reporter...
Beyond the poignantly personal dilemmas are broader family and societal issues. If a test is positive, should blood relatives be warned that their genes may contain the same inherited flaw? If so, should such findings become part of a permanent record, like a college transcript or an income tax return? And should doctors alert public health authorities, as they would for contagious conditions such as typhoid, hepatitis and AIDS? More disturbing, isn't there a hint of eugenics in all this picking and choosing, an attempt to shape people to our own genetic prejudices...
...hires eager to sock money away in a 401(k) plan, the wait may be over. Thanks to a change in tax regulations taking effect this month, companies no longer have a financial incentive to make new employees wait up to a year before becoming eligible for these tax-deferred savings plans. Some 70% of firms impose a waiting period; ask your new boss about reaping the benefits...
Paperless Tax Payments...