Word: exempt
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...state invested little cash in the Turnpike Commission. When the turnpike bonds went on the market in 1952, private investors, looking toward revenues from tolls, bought up the entire $326 million in one day. Before the market closed that day, the commission's $1,000 tax-exempt 3¼% bonds commanded a $25 premium. But the project was still plagued by delays, and so many obstructive lawsuits that one attorney wryly suggested paving the roadway with law! books and naming it Blackstone Boulevard. No concrete was poured at all for the first four years. Then in late...
...leave, O leave exempt from plunder...
...controversial bill to exempt natural-gas production from federal regulation was passed at the last minute by the House, but the Senate put off consideration until next year...
...total picture which emerged from the welter of uncomplimentary testimony was that privately endowed, tax-exempt foundations use their educational and humanitarian activities as a cloak for a vast scheme to undermine American life...
...Reece Committee was not the first to look into the operations of tax-exempt foundations. In the 82d congress the Cox Committee questioned the heads of the major foundations and concluded that they were making good use of their favorable position...