Word: exemption
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Dates: during 1990-1999
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Humans, in short, have little to fear from sharks. The reverse, however, isn't close to being true. Fish of all kinds are being hauled from the sea faster than they can reproduce, but until quite recently sharks were exempt from this reckless harvest. Not anymore. Each year between 30 million and 100 million sharks are caught for their meat (boneless and mild-tasting), their fins (a great delicacy in Asia), their hides (source of an exotic, high-quality leather), their jaws (worth thousands of dollars from collectors) and their internal body parts (made into everything from lubricants to cosmetics...
...their psyches has become less a genteel academic pastime than an extreme sport in which sneakermakers, brewers and car manufacturers scramble for market share. Politicians trolling for votes, churches seeking converts, military services recruiting soldiers, moviemakers looking for viewers and magazines for readers: hardly a sliver of society is exempt from the need to understand and, indeed, cater to this generation. Yet Gen X has proved irritatingly contrarian. "The soul of Gen X is amorphous, intangible, elusive," says Richard Thau, 32, who heads the civic group Third Millennium. "That's why I like the term X: fill in the blanks...
Between taxable and exempt property lies a gray area of affiliated housing, which includes properties like Peabody Terrace where staff and students lease apartments...
These contributions cannot be quantified monetarily, but University officials say they more than make up for any losses to the city in taxes. They also note that Harvard's tax-exempt status is critical to fulfilling its mission...
Residents also express special concern about long-term development in the area, which places properties like North Hall, 51 Brattle St. and 8 Story St. under the protective mantle of the University's tax exempt status, increasing the burden on area residents...