Word: wealthiest
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These averages are somewhat distorted by the high incomes and wealth of a few thousand huge growers. But farm-subsidy payments, which totaled about $20 billion last year, are equally skewed. Most small farmers receive few if any federal payments, 40% of which flow to the wealthiest 60,000 at a cost to the average family of about $500 a year in higher taxes and federally boosted food prices...
...rejected the back-door approach of relying on increased "user fees" and "sin taxes" (on liquor and cigarettes) so popular among his peers. Instead he became the only Governor of this read-my-lips era to embrace the discarded notion of a progressive tax, which hits New Jersey's wealthiest residents hardest by doubling the bite on their income...
...itself out of debt but should also provide additional state education aid to relieve homeowners of one of the most onerous property-tax rates in the U.S. Here too Florio soaked the rich: the legislature approved a plan to shift the bulk of its education assistance from the wealthiest to the poorest districts by 1995, leaving the affluent to make up the difference on their...
Harvard administrators beam with pride as they tout the huge diversity of the student body. Yet at Commencement--the culmination of students' Harvard experiences--the University is entirely inconsiderate and disrespectful of that diversity. Every year, Harvard organizes a Commencement celebration worthy of the days when only the wealthiest members of society could attend...
...Means Committee Chairman Dan Rostenkowski uttered the dreaded words, higher taxes, as the solution to the deficit. "Adopt my plan to fix the deficit, or come up with a better one," he challenged. In addition to an increase in some excise levies and in income tax rates for the wealthiest Americans, Rostenkowski called for a one-year moratorium on the indexing of tax brackets to inflation (a Reagan- era reform that protects taxpayers from being hit with ever higher rates...