Word: exempt
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Dates: during 1950-1959
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...Your editorial asserts that the Harvard Student Agencies Corporation has its office on University property and has an association with Harvard that endangers the University's tax-exempt status...
...CRIMSON charges the Agency Corporation with "misuse of the tax-exempt status...
...improve plant and facilities, $200 million for new freight cars. For long-term aid, the Administration wants to: ¶ Give the Interstate Commerce Commission power to drop unprofitable passenger and freight runs, and end the power of state commissions to block the ICC. ¶Tighten up on truckers now exempt from ICC rate regulations, since the Administration feels that many cut-rate, "private" truckers are actually public carriers, deserve no exemption. ¶Cut down on rate exemptions for farm produce truckers. Designed to help farmers, the exemptions have been so broadened that many commercial truckers of farm products use them...
Another objection to the existing HSA setup arises over the matter of tax-exemption. Since the HSA has already admitted that non-scholarship as well as scholarship students may work for the organization, it seems unlikely that the profits will be used solely for the purpose of paying the term bills of needy undergraduates. In particular, some of the managers of the individual agencies apparently stand to make in a single year more than the amount of a Harvard term bill. This would seem to be a misuse of the tax-exempt status...
...deviated widely from its original premises of operation, it should change its present form and break all ties with the University. Its relationship with the Student Employment Office would then be that of any other individual. It would have no exclusive privileges, would not retain its tax-exempt status, and would be free to compete with Harvard Square merchants on an equal basis...