Word: creation
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Dates: during 1970-1979
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Nothing unnerves businessmen more than the Carter proposal to toughen the treatment of capital gains, and tax them at the same rates as salary income. Such a change would further hamper capital investment, which is crucial to economic progress and job creation. This centerpiece of the tax program is the most likely to be deferred. Yet Carter will probably attempt to raise taxes on income earned abroad by subsidiaries of U.S. corporations and on export earnings of companies that set up domestic international sales corporations. He may try to pare deductions for gasoline taxes, sales taxes and medical expenses...
...proposals, which the CRR endorsed last week, call for the creation of an appeals board for CRR decisions, for an equal number of student and Faculty CRR members with voting power, and for the barring of all hearsay evidence from CRR and appeals board hearings...
...Government rules. The best of the bureaucratic breed talk sincerely of transforming regulators from cops who are out to punish offenders to public servants who help citizens solve their problems. After all, it was partly a rejection of oppressive, expensive regulation by far-off authorities that led to the creation of this country 201 years...
...dispute. Israelis and their supporters in the U.S. have been especially incensed by his repeated use of the phrase "legitimate rights of the Palestinian people." Carter chose not to accept the standing taboo on the term, which, as used by many Arabs, is a code word for the creation of an independent Palestinian state bent on the destruction of Israel. He recognized that it was sad testimony to the rarefied and hopeless level of the Middle East debate if he were prohibited from saying that 1) the Palestinian people exist, and 2) they have legitimate rights. In his sometimes unorthodox...
...West Bank itself becomes a Palestinian entity. To ease Israel's legitimate fears about the creation of a new Arab realm whose western frontier would be 8.5 miles from Tel Aviv, the Palestinian entity would not possess all the attributes of a sovereign state-at least for a transition period that could last as long as 25 years. It would, however, have its own flag, a parliament and executive and judicial bodies. It could issue passports to all Palestinians living anywhere in the world-an act of enormous symbolic importance to these 3.4 million people without a homeland...