Word: crediters
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Dates: during 1960-1969
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...some of those who elected him. Negroes are still suspicious, but many Southern whites who voted Republican in November are unhappy about the Administration's school-integration policy. Last week Nixon went against the advice of some senior aides in recommending repeal of the 7% business-investment tax credit as part of his tax package (see BUSINESS). Repeal of the credit is primarily an anti-inflationary measure, but the predominantly Republican business community will pay the bill. The President's other tax proposals-reducing the burden on the poor, halving the surcharge, which weighs most heavily on those...
Congress, led by House Ways and Means Chairman Wilbur Mills, is likely to demand far more extensive tax reforms than those that the Administration is proposing. Whatever the outcome, both parties will doubtless take credit for redressing longstanding inequities. A President dealing with a Congress controlled by the opposition can hardly hope for much more. Last week, however, the Administration won a minor but perhaps trend-setting victory when enough Democrats deserted their party leadership to vote with the Republicans on an education assistance measure...
...faculty also accepted the committee's suggestions that it offer credit for the optional tutorial, try to distribute courses more evenly between semesters, and establish courses in vertebrate physiology, behavior, and ecology...
...Crimson freshmen have rolled up a 4-1 record, losing only to Brown, 13-10. Gov. Dummer is 3-0 with a 6-3 triumph over Exeter to its credit. Harvard's stingy defense, anchored by goalie Randy Smith, will have to hold off a very potent Dummer attack made up of Andy Costello, Ralph O'Leary, and co-captain Tim Tenney...
...government. After devaluation, Wilson dallied for months over steps to curb domestic demand, which was not only stoking inflation but sucking in imports that Britain could ill afford. The government belatedly imposed a record $2.3 billion of new taxes a year ago and subsequently put new restrictions on bank credit and installment purchases. All such restrictions reckoned without the canny determination of the British consumer, who ran up his personal debt and ran down his personal savings to get rid of his money before rising prices and taxes further reduced its value. Consumer spending, instead of declining 1.9% last year...