Word: financee
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Dates: during 1960-1969
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From the moment the campaign be gan in May, it was clear that only two of the original 15 registered parties had a chance. One was the Progress Party headed by Busia, 55, a sociology professor who spent much of the Nkrumah era in voluntary exile. The other was the...
EVER since the U.S. adopted income taxes in 1913, federal tax legislation has been marked by two main but contradictory trends: periodic rises in tax rates and, at the same time, increasing tax exceptions for certain industries, organizations and individuals. The tax-reform bill adopted last month by the House...
Political Trouble. The Administration's stand will unquestionably be popular with businessmen, but it guarantees political trouble. Several members of the Senate Finance Committee pounced on Kennedy's proposals. "You've taken $1.7 billion from the average forgotten American and given it to the corporations," complained Indiana...
The sudden devaluation of the franc last month won wide admiration as a model of deft financial maneuvering. But its ultimate success depends on the follow-through-whether or not France can curb inflation before the trade ad vantages of a cheaper franc are frittered away in rising prices. Last...
Government Example. Giscard suavely sought to appease industry by promising that the government would set an example of restraint. The 1969 deficit will be cut from $1.26 billion to $722 million, he vowed. Planned price increases by government-run gas and electricity utilities will be canceled. Military conscripts will be...