Word: exempt
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Dates: during 1970-1979
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Iranian properties in the U.S. are even more meager. The most conspicuous among them is the 36-story skyscraper on Manhattan's Fifth Avenue at 52nd Street. It is owned by the tax-exempt Pahlavi Foundation, created by the Shah but now controlled by the Ayatullah's supporters. The Iranians also own some U.S. military spare parts stored in a warehouse at New Jersey's McGuire Air Force Base and awaiting shipment. But, says David Bauer, an economist for the Conference Board, a New York-based research group, "I can't think of a single Iranian...
...third quarter, and managers have attempted to divert public criticism by pumping up exploration budgets. A number of independents are still holding back until the windfall profits tax reaches final form. The Senate has proposed that newly discovered oil and certain categories of low-volume wells be exempt. Some oilmen hope that the first 1,000 bbl. per day from an independent producer's well will be free from the tax. Says Jack Allen, president of the Independent Petroleum Association of America: "That would really set off a wave of drilling. It would be the greatest drilling boom ever...
...students in non-science concentrations who are allowed a free exemption choice should not be able to exempt themselves from the Science area of the Core, Wilcox said. "One of the spirits of the Core was to assure that Harvard students have a minimum of one year of science," Wilcox said...
Otto T. Solbrig, professor of Biology and chairman of the Core subcommittee on Science, said he also believed non-science concentrators should not be free to exempt themselves from the science Core area requirement, which requires two half-year Core courses, one in Science A, covering the physical sciences and one in Science B, dealing with life sciences...
When the strike began, growers insisted farm workers observe President Carter's 7 per cent wage-price guidelines even though they exempt both growers and workers. In 1978, lettuce growers made$71 million in profits and raised the price of lettuce by over 100 per cent. When growers realized workers would not accept their 7 per cent offer, the union-busting began...