Word: exempted
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Harvard and Radcliffe students can pick up forms today that will exempt them from paying the new three per cent sales tax on their textbooks. The ST-8 forms will be available through freshmen proctors and House offices and should be presented at local book...
...last year. The N.F.L. and the American Football League have kissed and made up, which means that Commissioner Pete Rozelle is now free to entertain antitrust suits by impoverished players and would-be franchise owners-while he simultaneously tries to sell Congressman Emanuel Celler on legislation that would exempt pro football from antitrust actions...
...proposed abolishing the peacetime draft and asserted that "no government should be allowed the power to compel its citizens to kill." Even wartime drafts, the resolution contended, should give conscriptees a choice of military service or work in hospitals, conservation, the Peace Corps or "a learning corps," and should exempt "philosophical and political as well as religious" objectors. The convention opposed as "undemocratic" the draft's 2-S classification, which defers students. Another resolution urged the repeal of laws banning the sale of marijuana...
...produced a fair-housing bill that gave the Johnson Administration several slices less than half a loaf. The President wanted a law that would forbid racial discrimination in the sale or rental of all housing in the U.S. The House balked at such a sweeping measure. It voted to exempt individual owners who make no more than two sales a year and landlords who rent buildings with no more than four units and live on the premises. The bill thus covers 23 million of the nation's 60 million housing units (only 6,000,000 of them...
...Under Merrill Lynch encouragement?to the tune of $400,000?the University of Chicago's Center for Research in Security Prices recently studied all stock-price changes since 1926, carried out 56,558,000 computerized transactions. Result: a long-term profit that varied according to tax bracket: a tax-exempt institution would have earned 9% per year on its investment since 1926; an individual in the $10,000-a-year bracket, 8.2%; and one in the $50,000-a-year bracket...