Word: taxingly
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Dates: during 1990-1999
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MIKE ESPY Survives $17 million dragnet over free tickets and gifts. Your tax dollars at work...
...would be erroneous to conclude that the public gets nothing more for its subsidies and tax breaks than a handful of new dead-end jobs. Corporate welfare saves existing jobs from immigrating to Mexico. Also, the system inflates corporate bottom lines, as required for the steady elevation of share prices. It would be a serious mistake to curtail corporate welfare before we cure the ills that spawned it--free trade and years of sluggish economic growth. Until that is achieved, the system will continue to protect taxpayers from Washington's more egregious mistakes. JIM CASE Baltimore...
...course, any punishment the Mitchell commission or the IOC hands down would be very small potatoes compared to federal penalties. The Justice Department is now looking into possible extortion and tax and wire fraud by Salt Lake City Olympic Committee officials. Making a federal case out of the scandal will mean showing that organizers broke the law by using tax-exempt money to buy the gifts or to finance scholarships for relatives of IOC members...
...midst of refinancing your mortgage a second time, get it done before year-end. Any points you paid on the earlier refinancing become immediately tax deductible. If you refinanced into a bigger mortgage and used the difference for a home improvement, you can take an immediate deduction for a prorated portion of the points on the new mortgage...
...will go up 7% in 1999, thanks to money-losing managed-care companies and high drug prices. Some premiums may rise 20%, and the self-employed face jumps of up to 40%. One possible remedy: before the current open-enrollment season ends, earmark part of each paycheck for a tax-free medical savings account...