Word: exempt
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Dates: during 1960-1969
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Many are now substituting draft-exempt teaching for graduate study in education. Since 1967, the number going directly into teaching has risen from 24 to 138. Graduate study in education has declined from 35 to 20 in that same period...
...classic example, in Deloria's view, is the Menominee tribe of Wisconsin. With large tax-exempt holdings, communal responsibility, a profitable sawmill and lumbering business, about 3,000 Menominees, before "termination" began in 1961, were nearly selfsupporting. They cost the Federal Government only about $50 per head in aid a year, a level far lower than in many white communities. Then the reservation was made into a regular Wisconsin county, tax exemptions were cut off, and Indians who occupied land were allowed to buy or rent it. In the eight years since termination, many have become dead weights...
...University would face reaction from outside groups if one of its Faculties took a formal stand. Carl Friederich, professor of Government, pointed out that the University's status as a tax-exempt organization prohibited it from getting involved in public policy issues. Several other Faculty members said that a vote might bring retribution from Congress or other parts of the government...
...Alice's Restaurant , however, is not a film erupting with death and disaster. It is, on the surface anyway, the story of how Arlo gets busted on a ridiculous littering charge in Stockbridge and later discovers that the charge will exempt him from military responsibilities to the United States. Like the Flatt and Scruggs' banjo music that underscores Bonnie and Clyde, Arlo's song of the "Alice's Restaurant Massacre" gives an essentially tragic movie the look of a comedy...
...immediate cause of this chaos is the congressional drive to close tax loopholes. Interest paid on municipal bonds has always been exempt from federal income tax, but the reform bill that the House passed in August would make such interest partially taxable for many individual investors. Banks, which normally buy 70% to 80% of all municipal bonds, would continue to collect tax-free interest, but their officers fear that if the bill is finally enacted it will be only a matter of time before that exemption is limited, too. The slowdown in municipal-bond sales has produced something close...