Word: multiyear
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
That, however, was no big deal: the Administration would have probably introduced most of these provisions later anyway. The negotiations remained deadlocked, with the Republicans insisting that only deep, multiyear tax reductions could prompt the savings and investment needed for noninflationary growth and, on the other side, the Democrats arguing that any cuts going beyond one year would only bring more inflation. Party ideologies complicated the dispute. Republicans demanded across-the-board cuts that would reduce rates by the same percentage in every income bracket; Democrats saw that as a windfall for the rich and proposed "targeting" the cuts...
...match for the disparate forces colliding over the tax-cut issue. The Illinois Democrat had no sooner protected his right flank last week, by exploring with the Reagan Administration the possibility of a compromise tax bill, than he found himself stymied by Democrats who want no part of the multiyear cuts being contemplated, and an Administration that seemed unwilling to make further concessions...
...Ways and Means Committee after giving a noncommittal presentation of the Administration's position. Richard Gephardt of Missouri spoke for the majority: "If that's the bottom line, then there are no further negotiations." The Democrats did not like the deficits inherent in a massive, multiyear cut, and were concerned that the middle class was not getting enough of a break. Rostenkowski did some polling. "How many for a three-year tax bill?" he asked. One member raised his hand. "How many for two years?" Only two hands were raised. The chairman left Washington immediately without even calling...
...income from 70% to 50%, and an increased exclusion for dividend and interest income. The Republicans agreed to alter the personal income tax cuts to give greater relief to middle-income Americans. Explained Wright: "The President, in order to protect his own image, has to have some kind of multiyear approach. We're going to have to yield on that. But we're going to insist on more help for the middle class. The Administration is going to have to yield some...
Most high quality players such as Fred Lynn, Joe Morgan, and Tom Seaver have signed multiyear contracts providing between $175,000 to $275,000 in actual annual salary. Given the tremendous revenues available to baseball franchises, these salaries are not unreasonable. Of course, other players of far less proficiency receive in excess of $100,000 per year. These men are cashing in on the owners' paranoia that all their players will desert for greener wallets. The wave they are riding will soon break when management realizes that .250 hitters are a dime a dozen, certainly not worth...