Word: reductionism
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Bush's tax cut will benefit relatively few Americans. Its main components, the elimination of the estate tax and a cut in marginal income tax rates, send the vast majority of the savings to the wealthy. Only the wealthiest 2 percent of estates pay the estate tax, meaning that most...
But in Congress, everything is up for negotiation. And so the Democrats wasted no time with their counteroffer - something in the $750 billion to $900 billion range, and weighted more heavily toward the lower-income types. They see Bush's estate-tax reduction, which overwhelmingly benefits the rich, as the...
A: Well, Rep. Bill Thomas, the Republican Ways and Means Committee chairman who'll get the first pass at the plan, wants to pass the marginal-rate reductions first, and then look at the other pieces, like the estate tax reduction, which is the most controversial right now, and the...
"Each of these colleges started with different drinking rates and witnessed double-digit reduction rates after just a few years," Perkins says. "National drinking patterns have flatlined, but our program has seen substantial drops in high-risk drinking rates."
That's the bad news. The good news is that even small changes can lead to big improvements. For example, doctors for years thought that lowering cholesterol levels reduces the risk of heart attack by shrinking artery-choking plaques. As it turns out, lowering cholesterol levels doesn't change the...