Word: wealthiest
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...Contract includes many tax cuts that mirror Reaganomics. It proposes cutting and indexing the capital gains tax, which would mostly benefit the wealthiest Americans. Capital gains already enjoy tax loopholes not available to other investments or income; for example, the top tax rate is 39 percent, but the capital gains tax rate is only 28 percent...
...Contract contains not one provision designed to increase the quality of life for the millions of impoverished poor children in the world's wealthiest nation. Republicans are also not addressing the serious long-term decline in real wages that is more critical to the middle class than tax cuts...
House Minority Leader Richard Gephardt today tried to end-run the GOP tax-cut fervor by proposing that four-fifths of Americans in lower income groups pay a flat tax of between 10 and 11 percent. The wealthiest Americans under the Gephardt proposal would pay a higher rate, not yet specified. Gephardt floated the plan in testimony before the House and Ways Mean Committee. He also attacked the alternative GOP flat-tax plan, pushed by House Majority Leader Richard Armey (R-Texas), as "a massive redistribution of wealth from the middle class to the wealthiest Americans" because it exempts income...
Orange County was the birthplace of Richard Nixon and gave Ronald Reagan the largest margin of victory of any U.S. county in his presidential races. "It's incredible, really," says Mark Baldassare, a sociologist at the University of California at Irvine. "How do you explain that one of the wealthiest counties in the nation is now bankrupt...
...bank, which was launched in the peaceful afterglow of World War II as the basis for an orderly and wise international economic system, is financed by contributions from the wealthiest of its 177 shareholder nations. Yet the institution now faces a cacophony of grievances. Among them...