Word: coded
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Dates: during 1980-1989
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...South Carolina, contends that the opposition of his Colorado accusers was politically motivated. A graduate of the U.S. Air Force Academy, Rose had created a stir in the early '70s with a law- review article charging the military academies with violating the rights of cadets charged with honor-code transgressions. He discussed his charges on a segment of 60 Minutes and later represented 100 West Point cadets accused of cheating...
...pandemonium is due to what the British are calling Big Bang, a code name for what amounts to a revolution that is sweeping local financial and capital markets. Formally, Big Bang refers to the deregulation of Britain's domestic securities markets, when the 218-member London Stock Exchange will abandon a system of fixed commissions for brokers. The Exchange will also drop a traditional separation between the brokers, who execute stock and bond trades for their clients, and the so-called jobbers, who handle the brokers' orders as well as manage their own hefty accounts. This upheaval, roughly akin...
They said it couldn't be done . . . couldn't be done . . . couldn't be done. Scrap the gargantuan federal tax code and write a simpler, fairer one? How naive! Drastically reduce top tax rates to their lowest levels in 58 years by throwing out the special breaks and deductions that have accrued over the past four decades? No way! Let the free market determine how people spend and invest their money rather than allow shills for favored industries to use the tax code to tinker with the economy? Get real! Such a drastic overhaul would amount to putting the public...
Business taxes will rise by $120 billion. (One of the principles that tax reformers settled on early was "revenue neutrality," on the theory that a radical rewrite of the tax code would be difficult enough without getting it tangled up in the debate over whether the Government should raise its total tax take in order to reduce deficits.) Although the top tax rate on business profits will drop from 46% to 34%, it will apply to far more corporate income. The investment tax credit on purchases of new machinery and equipment will be killed, and depreciation write-offs will...
...Councillor Alice Wolf, Wasserman asked that the Zoning Board's decision be made final so that he can appeal it legally without taking the extra 60 days. She said the communities have rebelled against him "in response to a very unresponsive developer who is...not living within the zoning code and now he's being picked up on every point...