Word: write-offs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
SOLUTION: Reduce the corporate write-off for medical costs. And impose a tax on employee health benefits at a moderate rate for well-compensated workers.
The unemployment report came two days after American Express said it would lay off 1,700 workers and take a $265 million write-off because of rising defaults among holders of its new Optima credit card. Ames Department Stores, meanwhile, said it would close 77 of its 448 stores and...
Not only did he take a tax write-off on half his $100 million settlement on insider-trading charges, he also kept millions more from shady deals and, while in prison, paid fellow inmates to do his laundry.
Drexel executives hurriedly moved to sell off the firm's assets, in many cases at fire-sale prices. Drexel attempted to offer whole departments for sale, including Milken's old junk-bond operation in Beverly Hills, but rival firms turned up their noses at anything that might carry legal liabilities...
Reduce the write-off on business meals. The restaurant business did not collapse when the full deduction was cut to 80% in 1986. Now the deduction could be sliced to 50%. $3.6 billion