Word: exempt
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...closer this year to providing the energy it was designed to produce when Gov. Edward J. King requested that the Environmental Protection Agency (EPA) forego investigation of MATEP's environmental impact, a process mandated by the Clean Air Act, because MATEP is technically a non-profit organization and therefore exempt from the review regulation. The EPA last month decided in favor of the exemption...
...water, sewer hookups, and other services. Their proposal would tack the costs of Water Department administration and a percentage of all city administration costs onto the water charge: it would raise the rate for all residents, but there would be an offsetting tax reduction for everyone but the tax-exempt universities. The proposal may not pass, for city councilors don't like to increase service charges, especially in an election year. But it shows how resourceful Cambridge officials are becoming in their ongoing struggle with the non-profit institutions that comprise such a huge chunk of their city...
...meantime, gay Harvard graduates have established alumni associations in Boston, New York and San Francisco, and are now forming chapters in Atlanta, Houston and Washington, D.C. The associations congregated in Boston's Park Plaza Hotel last week to plan the creation of a tax-exempt foundation that would supply tens of thousands of dollars to gay student organizations for educational activities like GLAD Days. They are also talking of setting up scholarships for gay students who have been disowned by their parents, and of funding an endowed chair in gay studies at Harvard. One gay alumnus. Toby Marotta, will soon...
...than $200 in interest income yearly. To encourage these people to save more, bills in the House would exclude up to $10,000 of interest and dividend income for individuals and even unlimited amounts for elderly taxpayers. Senator Harrison Schmitt of New Mexico has introduced a bill that would exempt the first 25% of interest or dividend income up to $50,000 a year per taxpayer. That would cost the Treasury up to $26 billion in cumulative lost tax revenue by 1986 but might boost savings by about $27 billion...
...press argues that it needs untrammeled freedom to do its job, and that its watchdog reporting has often served the public well. But a public that has grown cynical about all institutions wants no element of society exempt from criticism or, as the Post did when Washington officials questioned whether "Jimmy" existed, complacently defending what cannot be defended. The press, builder and destroyer of the reputations of others, has its own reputation to look after...