Word: exemption
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Dates: during 1980-1989
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...rules for escaping jury duty are equally diverse. Courts generally exempt doctors and lawyers and those who can demonstrate hardship. But tobacco farmers are exempted during harvest time in Virginia; South Carolina still excuses "apothecaries"; Indiana excuses ferryboat operators. For those who must serve, the first thing to learn is to wait. "It's waiting for the judge, waiting for the lawyers, waiting to be called. It's not amusing or fun; it's just a duty," says Gwen Pritchard, a Washington lobbyist, standing in the hallway of the District of Columbia courthouse...
...obfuscate the issues and glaze the eye. This month, however, public discourse about education got a little affirmative action in the form of a new weekly newspaper called Education Week. The 24-page tabloid is published in Washington, D.C., by Editorial Projects in Education Inc., a nonprofit, tax-exempt organization that founded and later sold the sprightly, respected Chronicle of Higher Education. At a yearly subscription rate of $39.94 (charter subscribers pay $19.97), Education Week claims to report the ABC's of primary and secondary education, the two areas where American pedagogy is most in need of dramatic improvement...
...savings and loan institutions, an incredible total of more than $341 billion is sitting in accounts that pay a maximum of 5.5% interest. Those funds could currently be earning about 18% in a money-market account, 14.9% in a six-month savings certificate or 13% in a tax-exempt municipal bond fund. If the 5,000 savings banks and S and Ls in the U.S. suddenly had to start paying comparable interest rates on passbook accounts, many of them would go broke. As it is, an estimated 85% of all S and Ls are losing money because the double-digit...
...unusual part is that community leaders do not intend to dispute the University's plans, as they did with the Kennedy Library, with conversions of taxable property to Harvard's tax-exempt portfolio, with the Medical Area Total Energy Plant, and with numerous other projects Harvard has proposed in the last decade...
...University of California system tried selling tax-exempt bonds to finance first trust deed loans, but Congress effectively canceled this method in 1980, though not before the program had helped some 190 faculty members. U.C.L.A. also started its own program of second mortgages but ran into trouble when it had to choose between tenured professors and promising newcomers. Besides, adds Crooks, even with low-cost loans "a professor cannot even afford these loans unless he has additional family income." At Stanford, the university is constructing 144 condominiums and town houses...