Word: savings
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Dates: during 2000-2009
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...taxes companies will pay this year and in the future. That breaks the previous record of 111 in 2006, and is nearly double the 65 issued in the last year of Bill Clinton's presidency. Lawmakers, too, have passed tax changes and are pushing for more, which will save corporations billions of dollars this year. One of the biggest windfalls could come from a proposed change in the so-called carryback rule, which would fatten the tax rebate companies get when they have losses. The extension would be similar to one that was passed after 9/11...
...banks who held Fannie Mae and Freddie Mac preferred shares, which were essentially rendered worthless when the government took over the two large mortgage guarantors, can count the loss on that investment as a regular business loss, not an investment loss. The Federal Government has estimated the change will save banks as much as $3 billion in tax payments this year. Improved Tax Break on Foreign Operations...
...profits, so long as the loan is paid back in 60 days. Pay it back in 59 days, and you can roll the loan over three times in one year, tax-free. Willens says it's hard to put a number on how much the change will save companies but that it is substantial. "It's quite a large savings," says Willens. "Not only does it lower taxes, but it also allows companies to borrow more cheaply from their subsidiaries...
...European Commission president José Manuel Barroso has explicitly rejected suggestions that the economic crisis means the E.U. cannot afford to save energy and tackle climate change. "Climate action, energy security and economic growth can and must be pursued in a mutually supportive way," he said on Tuesday. "It would be a real mistake for Europe to give the signal that we are watering down our position after all these years leading the efforts for a global solution now that others, like the Americans, are coming closer to our position...
...Maria von Weber, was first, and HRO’s rendition was both articulate and spirited. Rebecca L. Gruskin ’11 opened the piece with a solemn, clear horn call that, in the opera, would signal the beginning of the Elf-King’s quest to save the hero, Huan. Gruskin was impeccable throughout the evening, and when the call returned, it was as clear but more optimistic, fitting the music perfectly. The strings were agile both dynamically and technically, evoking a mystical landscape, and the winds marched solidly behind them. A controlled build...