Word: exempted
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...Where Have our Jobs Gone and a spokesman for the Coalition to Save Jobs, sponsor of the bill, said the legislation, if enacted, would affect companies with more than 50 employees which plan to close down, move, or lay off large numbers of workers. Bankrupt companies would be exempt, he added...
Vellucci charges that private firms are bankrolling lab investigations "with the hope of securing patent rights" and hence profits. "They are tax-exempt only because the building is used for educational purposes," Vellucci said early last week...
Daniel Steiner '54, general counsel to the University, said yesterday that because of the small amount of private funding and its similarity to government and foundation money, "there is not any legitimate question as to the labs' tax-exempt status...
Vellucci said the University, by converting residential and hence taxable space into tax-exempt space for "academic purposes," was draining the city coffers at a time when Cambridge needs the money most. "We are facing substantial layoffs of teachers, all sorts of cut-backs," Vellucci said...
...report of the Council for Public Interest Law said 1975 budgets for tax exempt public interest law centers totalled less than the combined revenues of two major Wall Street firms...