Word: exempt
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Dates: during 1980-1989
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...This is the first major bill that uses a new definition of divestment," said Slate. "It will not exempt the whole trend of companies that only semi-divest," he said...
...will have no choices other than to rescue them or suffer humiliating defeat in an area only a short drive, as President Reagan likes to say, from Harlingen, Texas. We'll be in big trouble with our little war. This time college students won't be exempt. Proximity, along with the spread of the war itself to Central American neighbors, will require universal mobilization...
...explosive this investigation could be was revealed last week, when Independent Counsel Lawrence Walsh secured the scandal's first guilty plea, one that led uncomfortably close to the Oval Office. Conservative Fund Raiser Carl ("Spitz") Channell admitted he had conspired to defraud the Government by using a tax-exempt "charitable" foundation to send military supplies to the contras. He named former National Security Council Aide Lieut. Colonel Oliver North as his "co-conspirator." North had not only helped persuade donors to give to Channell but had also successfully urged Ronald Reagan to thank many...
Perhaps the worst threat facing PTL is the loss of federal tax exemption. The tax code says that "no part" of an exempt group's earnings should benefit an individual. The IRS allows employees reasonable salaries but regularly yanks the exemptions of charities that give excessive pay and perks...
...matter. Rather than deal with the prince directly, however, he steered him to Richard Miller, a public relations agent and associate of Fund Raiser Carl ("Spitz") Channell. Last week Channell pleaded guilty to conspiring with North and Miller to raise money for the contras through a fraudulent tax- exempt foundation...