Word: excepts
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Dates: during 1980-1989
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...reducing exemptions and deductions. Within that grand design, though, there are hundreds of provisions varying widely in impact. Details: Individual rates. The move to a three-stage, 15%-25%-35% rate structure would by Administration calculations reduce taxes for 58.1% of all American families; 21.2% would see no change except in the way that they compute what they owe, and 20.7% would pay more tax. Most families in every income group would get a reduction, but it would be greatest proportionally at the very bottom and the very top: 35.5% for families with incomes of less than...
Oilmen would finally lose their long-cherished depletion allowance. It would be phased out over five years, except on the very smallest wells (those producing 10 bbl. a day or less). But oil operators saved a far more important tax benefit. The Treasury had originally wanted to make them stretch out over a period of years write-offs for "intangible drilling costs," including everything from engineering studies to geologists' expenses. The final plan, however, allows the oil operators to continue taking all the write-offs immediately. While industry lobbyists still protested the impending death of the depletion allowance, some individual...
...Ahmed, 46, first heard the wind gusting violently during the early part of the night and saw the mangroves swaying wildly. As island elders huddled around a radio, trees and whole huts began crashing to the earth around them. Finally the huge tidal surge ravaged the settlement, submerging all except those who managed to struggle their way to the safety of a few brick buildings. Ahmed was relatively lucky: he lost only one of his five children...
...stadium walls are cemented, the dead have been carted away. Were it not for the holes in the census, one would never know that a disaster took place, so smoothly does the earth seal its fissures. Even memory, which honors and cherishes the dead, recalls nothing of the rage except that it existed, that it was awful feeling like paper in a storm, even of one's own manufacture, yet the experience was also like some ancient dream, the survivors hoping feebly that from now on the gods will be kind. So has the world advanced to its current state...
...weren't for modern printing technology, all those people would join Bok in having tired wrists, officials say. All, that is, except...