Word: audits
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Dates: during 1970-1979
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...firmly object to a representative of a top Government agency saying on TV that the country doesn't have the resources to get a true audit on the phone company. That's wrong...
...stock market profits over people who live by wages alone. Congress narrowed some of the loopholes in 1969, with the result that the number of people who paid no tax whatever on incomes of $200,000 or more declined from 300 in 1969 to 112 in 1970 (before final audit). Simultaneously, though. Congress has piled on new tax breaks. The latest, enacted last year in a bow to Women's Lib, is a child-care deduction for working mothers in families with incomes up to $27,000 a year...
Whitlock predicted that one possible solution might be for one of the women electors to be appointed to audit this spring, with the understanding that she will be elected in the fall when the one senior member has graduated. Faculty legislation gives the CUE the power to elect successors to outgoing members...
...organization can function without conflict. Says Jackson: "We have the same goals. Now we can both work to expand on those goals in the interests of black and poor people everywhere." He refuses to defend himself against S.C.L.C. charges and innuendos. Among other things, S.C.L.C. has ordered an audit of the Breadbasket books, and refuses to accept Jackson's resignation. When Jackson quit, he insisted that all assets be turned over to S.C.L.C.: "We will take nothing that was raised under the name Breadbasket...
Letter of Intent. In 1968 a routine audit of Kerner's tax return revealed that he had listed income from the sale of stock in a firm he called the "Chicago Company." Further investigation showed the firm was in fact Chicago Thoroughbred Enterprises, Inc. (C.T.E.), whose principal shareholder at the time was Mrs. Marjorie Everett, once known as the "queen of horse racing" in Illinois. C.T.E. owned Washington Park and Arlington Park, two race tracks near Chicago. Their suspicions aroused, Internal Revenue men checked the return of Theodore Isaacs, a Kerner crony and Illinois revenue director, who also...