Word: benefit
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Dates: during 1980-1989
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...concern anyone if episodes this year did not clearly suggest that the professional administrators have made expediency the end of Harvard policy. Derek Bok nearly sent Harvard interns to all-white South African prep schools and other institutions that bolster apartheid as what administrators called an educational initiative to benefit South Africa's Blacks...
Economically, Massachusetts seemed to be the first to benefit from good times or bruise from bad. Watching the Bay State's skyline was a way of marking the economic evolution of a nation: the graceful masts of 18th century sailing ships gave way to the red brick smokestacks of 19th century textile mills, which in turn made way for the steel-and-glass towers of 20th century corporate power...
...doctors' toughest job was screening out those victims who might recover without the risky operation as well as those too ill to benefit. Of the patients selected for transplants, some had received such a heavy dose of radiation that their white blood cells, which are needed to match tissues, had already been destroyed. That forced the doctors to use the liver tissue from fetuses, which is also a source of blood cells and is less likely to be rejected In future nuclear accidents, Gale suggested, blood samples should be taken from all victims within 48 hours so that they will...
Eliminating deductions for IRA contributions. Individual taxpayers would no longer be able to deduct up to $2,000 in annual contributions, though they would still be allowed to defer taxes on the interest they earn on their accounts. The committee decided to wipe out much of the IRA benefit because the accounts are expected to cost the Government some $13 billion this year, and it has never been proved that they prompt consumers to save more. But banks and mutual funds, which together hold a large chunk of the $250 billion in IRA accounts, want to shoot down this part...
...proposal is a mixed bag of helpful and hurtful surprises. Stockbrokers, for instance, would lose IRA business but would pick up investment money that might otherwise have gone into tax shelters. Automakers might suffer a bit because car loans would no longer be deductible, but could expect to benefit from the accompanying tax cut that puts more money into consumer pockets. Farmers would mourn the loss of the investment tax credit for buying tractors and other gear, yet would no longer face competition from tax-sheltered agricultural ventures, like cattle-breeding partnerships, that were designed to operate at a loss...