Word: consistence
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...Republican platform also pledges Nixon to tax reform, but what that might consist of is a mystery. The President once talked of providing $16 billion to local communities for property tax relief, but he now promises unspecified modest.sums to reduce property taxes for the elderly only. Administration officials hint that they have in mind some other tax reforms that would encourage investment; these changes look like the opposite of McGovern's. Commerce Secretary Peter Peterson talks of cutting capital gains taxes. The idea is to allow investors to deduct certain sums representing the extent to which the real value...
Hanoi publicly insists that any postwar government should consist of representatives of the present South Vietnamese regime, the National Liberation Front and a neutral third party; that would obviously set the stage for an accommodation between the Communists and the other factions in the government once the Americans departed. But the official North Vietnamese newspaper Nhan Dan suggested last week that Hanoi would accept "necessary measures to ensure that neither side dominates the political life in South Viet Nam," at least for a transitional period. In that case, the North Vietnamese would be bridgeably close to President Nixon...
Like veterans of World War II, some enthusiasts advertise their discharge from the reproductive ranks by proudly wearing special vasectomy pins in their lapels. The pins consist of a circle with an arrow pointing up and away, the universal symbol for the male; the circle, like the vas, is severed...
...priority to a tough hold-down in Government spending in order to trim the deficits and avoid any net increase in federal taxes. Ronald Ziegler declared that "the President would not propose tax increases during his second term." That does not necessarily rule out some changes: tax reform could consist of a balanced package of increases and cuts, and White House Aide John Ehrlichman has put forth at least a semantic justification for VAT. If it led to local property-tax relief, said Ehrlichman, VAT would not be a tax increase but a "tax substitution...
...Nonpartisan Grove-come out almost identical. They are backed by board members who use, at this early stage in the forecasting season, a "back-of-the-envelope" approach. In percentage terms, the consensus prediction works out to about a 9.5% G.N.P. rise, of which 5.8% to 6.2% will consist of real growth of production rather than merely price boosts. This should lead to more money-in pay, profits, sales, commissions-for nearly everyone. Grove projects a 13% gain in pretax profits next year; Eckstein says 16% after taxes...