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Apparently, Mr. Herbert believes that the surplus belongs not to the people who financed it but to the government to distribute as Al Gore sees fit.
The logic for large tax cuts is that the surplus "belongs" to American taxpayers and should be returned to them before being used for more federal spending.
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As long as no other assets were underwater relative to book, the surplus belonged to the company that had worked to realize it.
The next biggest surplus belonged to Singapore, at around 24% of GDP, followed by a slew of oil exporters headed by Qatar, Iran and Russia.
Republicans, in their own weekly radio address, said Mr. Clinton was turning his back on married couples and perpetuating the view that the federal budget surplus belonged to the government instead of the taxpayers.
For parental occupation, a much higher percentage of the parents who reported "surplus" belong to the occupation categories of managerial, profession and skilled occupations.
To listen to Mr. Bush during this campaign you would think that all surpluses belong to the voters and all debts belong to "the government," to "Washington D.C".
The biggest surpluses belong to countries such as Trinidad and Tobago, with large energy exports.In this section Overview Current-account balances Economy Financial markets Reprints.
"The idea that the surplus ultimately belongs to the American people is not conservative or liberal, it's not even Republican or Democrat -- it's just common sense," said Mr. Lazio, the Republican candidate for Senate.
At the welcoming dinner last night the Chairman emphasised that any surplus capital belonged to shareholders, implying a very positive outlook for the return of surplus.
* The M.A.C. reserve and surplus funds belong to M.A.C. bondholders, and their protection and disposition are an important fiduciary responsibility of the M.A.C. board, and I as chairman, fully recognize the interests of the city and the state in those decisions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com