Word: delayer
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Dates: during 1970-1979
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Taxes. The Administration's tax-reform program, which was originally supposed to go to Capitol Hill as early as September, has indefinitely been held up, and many businessmen take that as a sign of presidential indecision. Actually, the principal reason for the delay is that the Administration wants to get the energy fight out of the way first. In any case, it has inspired some wild-and false-stories in executive suites. Says J. Edwin Matz, president of John Hancock Mutual Life Insurance Co.: "It's rumored that the tax bill has things in it so horrendous...
Schooling tends to delay the age of marriage for girls, and thus reduces their total possible number of childbearing years...
While continuing to shift the scenery about backstage, the Carter Administration last week announced another delay in raising the curtain on its anxiously awaited tax-reform program. The news came from a weary Treasury Secretary W. Michael Blumenthal, after a grueling five-hour White House session on tax options in which the President and his top economic aides failed to resolve a number of key issues...
...prime reason for the delay is that the Administration wants to wait until the bitter congressional fight over the President's energy program is resolved, and thus avoid getting the tax-revision proposals entangled in that scrap. Also, the White House has lately become increasingly concerned about possible sluggishness in the economy next year, and about the stiffening resistance of businessmen and some Congressmen to the tax-reform plan, even before it has officially been announced. In order both to pep up the economy and, they hope, disarm critics, Administration planners are subtly shifting the emphasis...
Whatever the arguments, affirmative action is the law-or rather, a whole series of laws. Today overlapping state and federal agencies enforce reams of regulations, leading to complaints of wasteful paper work, unrealistic guidelines and interminable delay. The overall expense of affirmative action is incalculable. The University of Utah, for example, estimates its annual cost of maintaining compliance records at $100,000 a year. Yet enforcement is mostly a matter of exhortations or threats. Although the Office of Federal Contract Compliance says it has helped discrimination victims collect $159 million in back pay, only 15 of 30,000 businesses dealing...