Word: payment
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Walsh's proposal initially suggested withholding the city's payment of more than $5.8 million to the state for the Cherry Sheet Assessments--which include payments for the Massacusetts Bay Transit Authority, air pollution control and county taxes--until the state pays the money it owes the hospital...
...Western dealers are swarming over the Moscow studios. They buy through the Ministry of Culture, which generally keeps 40% of the purchase price and passes on 10% to 15% to the artist in hard currency, which can be spent only outside the U.S.S.R., and the rest in rubles. Payment is always slow, and then there...
...sometimes silence. Thanks to Linda Johnson, an IRS examiner in Memphis, that will soon change. She complained to her Senator, Democrat Albert Gore, that when taxpayers in certain categories failed to subtract already withheld sums in calculating what they owe the Treasury, the IRS simply pocketed their surplus payment without telling them. Urging superiors to change the rules so these people will get refunds, she argued, "It was stealing from the taxpayers...
Most telemarketing crooks insist on payment by credit card. Reason: the vouchers can be cashed in at banks before the buyers have second thoughts. Moreover, purloined credit-card numbers enable con artists to compound the crime -- for example, by charging victims several times for the products they purchase over the phone. By the time the consumers receive a bill, the thieves have disappeared, often without shipping any products...
...Brady proposal hopes to reverse that tide by giving lenders an incentive to ease the pressure on debt-ridden countries. A banker, for example, might be willing to accept lower interest payment on an existing loan -- 6% a year, say, as opposed to 10% -- if assured that all interest payments would be made on time. In recent years, many strapped Latin debtors have repeatedly made late interest payments. This has an immediate and painful effect on the creditor bank, since it lowers its quarterly earnings. Under the new plan, the International Monetary Fund and the World Bank would insure that...