Word: dake
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Dates: during 1960-1969
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...Dake argues heatedly: "Our confiscatory tax laws are forcing people to the ragged edge of ethics. Stiff taxes have created an atmosphere in which everyone quite openly wants to skirt around the laws legally, and they don't spend too much time with the moral considerations.'' One appliance company bought a distributor company, then gave its franchise to a company set up by one of its top executives. It tacitly agreed to buy his stock back when it had risen, thanks to business from the parent company, thus enabling the executive to take his salary in capital...