Word: generality
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Dates: during 1970-1979
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...idea would benefit both big and small companies, and it appears to be easier to sell to Congress than a further cut in corporate tax rates. Says Albert Sommers, chief economist of the Conference Board, a business-backed research group: "Speedier depreciation is the simplest, fairest and most legislatable general measure of assistance to capital formation...
...district of Tulsa in 1972, he was assigned to the tax-writing Ways and Means Committee in 1974. When the tax-cut bill bogged down in the committee last summer, Chairman Al Ullman asked Jones to see if he could find a compromise. Jones pieced together a combination of general tax reductions and capital-gains cuts that won the committee's endorsement. When the legislation came to the House floor, he led a coalition of center-right Democrats that helped pass the bill by an overwhelming...
...General Patton help...
Chrysler's frailty has earned it two dispensations. United Auto Workers President Douglas Fraser implied that he would not mount a strike against the company should contract negotiations fail in September. And Justice Department trustbusters gave Chrysler permission to buy prototype emission-control and seat-belt systems from General Motors at a big saving in research and development costs. Many auto industry experts expect that Chrysler will survive, but as a smaller, less competitive entity. The company's best hopes are that the Government would not allow the industry to be dominated by GM and Ford alone...
Former Red Army Major General Pyotr Grigorenko got the treatment twice...