Word: exemption
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...session. As one participant observed: "They all sounded just the same inside as they do outside." They also sounded as if they were unaware of one of John Maynard Keynes' most trenchant observations on the way the real world works: "Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist...
That the relationship is often confrontational is proven anew each year when legislation is introduced to remove the tax-exempt status of private universities. That issue has been the only one in a long time to bring a Harvard President to Beacon Hill, many recall, Charles W. Eliot delivered a treatise on the need to preserve the independence of academic institutions to the legislature in 1909. President Bok repeated the message before a legislative committee last...
...expedition's gruff leader was unfazed. John Ackley (call sign: KP2A) had made a fortune by selling his New Jersey computer firm in 1976, then founded the tax-exempt International DX Foundation to promote worldwide good will by sponsoring such DXpeditions. His foundation had supplied all of the radio gear, while the trip's cost (more than $10,000) was split among the nine operators. Ackley set off with two crewmen in a 12-ft. dinghy, powered by a 25-h.p. outboard motor. One crewman skillfully maneuvered the tiny craft through the heavy seas to put Ackley...
Strong and the legislators also singled out the provision in the plan which would take into account the tax-raising ability of localities. Areas such as Cambridge, in which 40 percent of the land is owned by universities and hospitals and consequently is tax-exempt, would benefit from that provision...
...Antoine, an obscure Caribbean island. The Caribbean sun is soothing, but the islanders are fomenting revolution; and the steadily more surreal chain of events that lands Rennie in a tropical jail teaches her only, in the end, that she cannot ever muster the strength to make herself "exempt" from pain...