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Takayukisth Posted 14 years ago
Vocabulary

Tipped the country into financial crisis

Hello,

Many of his proposals centered on changes to the tax code, including limiting deductions for companies that move jobs overseas, rewarding companies that return jobs to the United States and increasing taxes on wealthy Americans. Taking aim at financial institutions that engaged in risky lending practices that many believe tipped the country into financial crisis, Mr. Obama said he was asking Attorney General Eric H. Holder Jr. to create a special unit of federal prosecutors and state attorneys general to expand investigations into abusive lending.
(NYT: In Address, Obama Makes Pitch for Economic Fairness. Published in January 24, 2012)
http://www.nytimes.com/2012/01/25/us/politics/state-of-the-union-2012.html?_r=2&hp

Does "tipped" mean "to cause to assume a slanting or sloping position"?

Thank you.
  

Top answer

Hi, Many of his proposals centered on changes to the tax code, including limiting deductions for companies that move jobs overseas, rewarding companies that return jobs to the United States and increasing taxes on wealthy Americans. Taking aim at financial institutions that engaged in risky lending practices that many believe tipped the country into financial crisis, Mr. Obama said he was asking Attorney General Eric H.

  • Hi, Many of his proposals centered on changes to the tax code, including limiting deductions for companies that move jobs overseas, rewarding companies that return jobs to the United States and increasing taxes on wealthy Americans.
  • Taking aim at financial institutions that engaged in risky lending practices that many believe tipped the country into financial crisis, Mr.
  • Obama said he was asking Attorney General Eric H.
  • Holder Jr.
  • to create a special unit of federal prosecutors and state attorneys general to expand investigations into abusive lending.
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1 Answers
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Hi,

Many of his proposals centered on changes to the tax code, including limiting deductions for companies that move jobs overseas, rewarding companies that return jobs to the United States and increasing taxes on wealthy Americans. Taking aim at financial institutions that engaged in risky lending practices that many believe

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