Word: codes
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...partnerships reporting losses would lack a sound business rationale if it were not for the ability of many taxpayers to use the tax losses ... to shelter other income from taxation." Pickle is now asking the Treasury for another study that will pinpoint the sections of the current tax code that are being abused. "No law has been violated," he says. "But the tax code should not allow the accumulation of shelters...
...fourths of those polled said they had "only a little confidence" or "none at all" that he could reduce the deficit. Only one in four had "a lot of confidence" that he could. The figures were similar when people were asked about Reagan's ability to reform the tax code or negotiate arms-control agreements with the Soviets...
...first show offers stories ranging from a witty profile of Movie He-Man Chuck Norris (Code of Silence, Missing in Action), who plays cut-rate Rambos, to a quirky but oddly compelling segment about the recipient of the heart of Jon-Erik Hexum, a TV hunk who died after accidentally shooting himself last year. Another episode deals with the daughter of Leo Ryan, the California Congressman whose investigation of the Jim Jones cult in Guyana in 1978 led to Ryan's murder and the ensuing mass suicides. Today Ryan's daughter is a follower of Bhagwan Shree Rajneesh, an Indian...
...cadet will not "lie, cheat or steal, nor tolerate those who do," according to West Point's honor code. "Here in everything we do, we talk of honor," says Colonel James Anderson, the master of the sword (director of physical education). When an instructor orders "Cease work" in an exam, cadets literally throw down their pencils, as if they had become instantly hot to the touch. A cadet tennis-squad player who hurls his racquet in a match is off the team...
...maintain in a permissive era. In the mid-'70s, West Point was rocked by a cheating scandal; 152 cadets were dismissed or re signed after plagiarizing on a take-home exam. Whole companies of cadets had gone "cool on honor," an internal investigation found, in part because the honor code had become "trivialized," used as a tool to enforce petty regulations...