Word: taxingly
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...Homes Off Welfare" is quite a stretch [Oct. 12]. Real estate values have plummeted not because of government aid but because of people making poor decisions with their money after being convinced they could buy more than they could afford. My wife and I will be putting our tax credit into improving our new home, thereby injecting that money right back into the economy. Plenty of us are responsible enough to know our limitations and make good decisions with our money. Do not take benefits away from us because of the people...
...homeowner and found it staggering that just the mortgage-interest and property-tax deductions amount to $96 billion per year. The elimination of those two deductions alone would virtually pay for health-care reform. I recall the fear expressed when the removal of interest deductions for auto loans and credit cards was first discussed. The bottom did not fall out of those sectors. Nor will it fall out of the housing market...
...lawmakers get their way, the insurers could take some more hits: on Oct. 14, Democratic New York Senator Chuck Schumer struck back by announcing that he wants to revoke health insurers' antitrust exemption. House Speaker Nancy Pelosi, who has called insurers "almost immoral," is talking about a windfall-profits tax on the industry. Which means the insurers and the White House could be back in touch before long. -With reporting by Kate Pickert/New York
...that the governor's staunchest political foes - including Illinois house speaker Mike Madigan, Governor Pat Quinn and state senate president John Cullerton - deserve to be pelted with rotten fruit, Blagojevich urges would-be assailants to aim for the head. Within a few mind-bending minutes, he slams Quinn's tax policies, speculates about the percentage of politicians who cheat on their wives and admonishes listeners to brush their teeth and to avoid the scourge of video poker. When all 10 buttons on the call dashboard flicker, he thrusts 10 fingers above his head in triumph. (Read a two-minute...
...most large employers already offer benefits and many small businesses that can't afford them would be exempted from the requirement. Of the reform proposals that could have some long-term effect on the employer-based system, the most significant may be one that would levy a 40% excise tax on policies that cost more than $8,000 for individuals and $21,000 for family coverage in 2013. (The average total cost of individual and family policies in 2009 was $5,791 and $14,375, respectively.) Policy experts say these expensive plans lead workers to overuse the medical system, driving...