Word: taxingly
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...running things. “It’s best to be a rebel so as to show ’em it don’t pay to try to do you down...Factories sweat you to death, labour exchanges talk you to death, insurance and income tax offices milk money from your wage packets and rob you to death,” one book bluntly put it. Publicity materials for Osborne’s play invented a label for the group: they were to be referred to as the “Angry Young...
...over-65 crowd - America's most faithful voting bloc - and House Republicans have conspicuously stood apart from the plan. But Ryan is betting that the looming threat of fiscal insolvency will help him marshal a case for the urgency of sweeping changes to entrenched social safety nets. Even raising taxes, he says, wouldn't do enough to address the problem. "Look, I don't see these things as third rails anymore," he told TIME. "You literally crush our economy no matter if you try to tax or borrow your way out of [debt]. It's just that unsustainable. The sooner...
...group, led by former U.S. Attorney General Ed Meese, pronounced itself thrilled with the manifesto. "On the right, we all want the same thing, and that's to be left alone," says Grover Norquist, president of Americans for Tax Reform, who added that he was "pleasantly surprised" at how easy it was to craft a consensus document. "It sings," says Brent Bozell, president of the Media Research Center, an organization that tracks perceived liberal bias in the media. "It has something that every conservative can sink his teeth into and sign happily...
...Under pressure from the European Union, the Greek government has outlined a series of public-sector wage cuts and tax increases that are intended to help slash the deficit from the current 12.7% of GDP to the E.U. limit of 3% by 2012. While the impact of the new measures has yet to be felt, the delayed effects of the broader economic crisis are beginning to bite. The country slipped into recession last year and is now facing its worst economic contraction since 1987 - the last time Greece was forced to implement austerity measures following a previous round of government...
...from its E.U. partners to make even deeper cuts. True to its socialist roots, it's trying to structure the measures in ways that will protect the poorest and most vulnerable members of society. To that end, the government says it will lower the threshold for the highest income tax bracket rather than increase the sales tax. But all Greeks are likely to feel the pinch in some way. The fact that many families usually rely on a variety of sources of income (including untaxed or black-market work), and because many own their own home, may help blunt...