Word: exemptive
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This cap has made it virtually impossible for Harvard to issue tax-exempt bonds to help fund the construction of buildings, according to Harvard's Director for Governmental Relations Nan F. Nixon, who lobbies in Washington...
...addition, the National Association hopes to remove a clause in the sweeping 1986 tax act that calls for a $150 million cap on tax-exempt financing for private universities' buildings and equipment...
...breached the state's decade-long resistance to new income or property taxes. In an effort to raise $1.7 billion, however, he has asked for higher vehicle-license fees, a 20% increase in state university and college tuition, and an extension of the 6% sales tax to previously exempt items like pretzels and magazines. "Between the budget and the drought, the situation is so bad in California, we may all become statesmen," says the Republican leader in the state senate, Ken Maddy...
...Senator John Heinz of Pennsylvania and Democratic Representative Barbara Boxer of California introduced similar gulf-orphan legislation. Their bills would allow single parents, or one parent in the case of a military couple with minor children, to decline a war-zone assignment. Military officials would choose which parent to exempt in the case of a couple...
...what about those Americans sent to fight in the jungles of Vietnam? Were they suddenly exempt from their moral responsibility to protest an immoral war? As long as they followed the rules of war (the Geneva Conventions) should they have been excused from the rules of morality? Twenty years ago, the anti-war movement said no. Today it says...