Word: exempt
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Dates: during 1950-1959
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...future. All the Pope's men are not to be counted merely within the living apostolate." But so far the church has failed to make sufficient appeal to the middle class, and this has handicapped it unduly in the U.S., despite "less Government opposition and more tax-exempt encouragement" than almost anywhere else...
...Internal Revenue Bureau ruled that "An organization which raises funds to be used in travel and other activities to persuade prospective students with outstanding athletic ability to attend a particular university, and which is not an intergral part of such institution, is not exempt from Federal Income Tax as an educational institution." Contributions to such booster groups can no longer be deducted from personal income taxes, the Bureau said...
...legislation on Lyndon Johnson's calendar is not likely to ease the strain on many congressional hearts-including the majority leader's. Passed by the House in the final hours of the last session and lying there ready to tear the Senate apart is a bill to exempt natural-gas producers from fed eral regulation. Texan Johnson and Demo crats from other gas-producing states are hot for the bill; big-city Democrats, e.g., Illinois' Paul Douglas and Minnesota's Hubert Humphrey, are dead set against it (they want federal controls to hold prices down). Republicans...
...phases that make it possible for a species to change, perhaps to improve, over long periods of years. But that takes none of the heartbreak out of it, none of the sense of needless loss. And there are some few in every generation whom we would like to see exempt from the general...
...Early this year the Administration decided that 1955 crude-oil imports should be roughly 10% of 1954 domestic production. Flemming figures that this year's April-December imports will average about 740,000 bbls. a day. Approximately half that amount will be Canadian and Venezuelan oil, which is exempt from these quotas. The remaining 370,000, Flemming calculates, must be cut by 7%, or 26,000 bbls. a day, to fall in line with Administration policy. The new limit must hold through first-quarter...