Word: exempt
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Dates: during 1970-1979
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...immediate growth, no matter what cost, and for low taxes, ignored a crucial housing shortage and a dearth of blue collar jobs. His alliance with James Killian brought in public sector jobs and suburban white collar research work. But the land where these jobs were located was tax-exempt, of little value to the tax base...
After all, Harvard, already the largest land-owner in Cambridge (and all of the land was tax exempt) stood a lot to lose from damaging town-gown relationships. As early as the nineteenth century rival Cantabrigians were wise to Harvard's moves as this wary campaign plea indicates: "Will you permit the CLIQUE of Harvard University and OLD CAMBRIDGE after their attempts to be set off from the town, to elect all the officers of the city from their own section, and RULE with aristocratic sway...
...recalls, the coalition Crane led was built around keeping taxes down and forcing unrestrained development, and was little interested in provided low-income housing that Cambridge's blue collar, poor and elderly could use. But MIT, under chairman James Killian, feeling the heat from MIT's bulging tax-exempt holdings persuaded Pusey to help form the Cambridge Corporation in 1965 university backed vehicle to support the building of low income housing...
Gillerman said the GSA maintained that the original Maguire material was exempt from the freedom of Information Act and did not have to be released. The lawyer will contest the agency's claim at 3 p.m. today in federal district court before Judge Prank J. Murray...
...year Reuss suggested the creation of a congressional price-supply ombudsman to act as watchdog over rising prices. Finally, he would finance a tax reduction for low-to middle-income Americans by, among other things, closing loopholes such as untaxed capital gains at death, hobby-farm deductions, and tax-exempt interest on bonds...