Word: generously
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Dates: during 1970-1979
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Though the guideline is phrased as a limitation, the rule is actually very liberal, and most professors find it easy to follow. "The one day a week rule is in practical terms very generous, so I would be very surprised if there were violations," said Rosovsky...
...passed. Russell Long's Senate Finance Committee had moved that chicken coops built by egg producers should qualify for a 10% investment tax credit. It also passed. Taking up the controversial issue of reducing the tax on capital gains, the Senate turned out to be $1.4 billion more generous than the House, voting a $2.5 billion slash-even though Carter had once threatened to veto any capital-gains liberalization at all. The Senators added another provision that the President stoutly opposed: the granting of tax credits for college tuition...
...encourage savings and capital growth, he believes, the U.S. should also adopt techniques used in other countries. Canadians get generous tax deductions on money that they contribute to their pension funds. France permits anyone to put away some $20,000 in savings, with the interest payments untaxed. The Europeans further build capital by allowing companies to write off quickly the costs of their new plants and equipment against their taxes. Surely the U.S. needs to liberalize these depreciation allowances, says Feldstein, probably by letting the tax write-offs rise along with the rate of inflation...
Although he is often harsh on him self, Spender seems to have been less consistently wrong than fairminded. He was generous in praise of Yeats, Eliot and Pound, whose work had political leanings alien to his own: "The reactionaries never thought that they should put their art at the service of the ideology of the authoritarian fascistic leaders, in the way that many leftists thought that they should put theirs at the service of Marxism and of the political bureaux which laid down the Communist Party lines...
...would be misleading, however, to paint a picture of a Charles Engelhard who only palled around with the South African officials whose policies made it possible to build his empire. Engelhard had friends in high political places in the U.S. as well. A generous contributor to the Democratic party, Engelhard was confidante to both Presidents Kennedy and Johnson. Often, Engelhard's cultivation of American politicos caused embarassment for the U.S. Johnson, especially, made a habit of sending Engelhard as a U.S. representative to African state ceremonies. In 1964, for instance, Engelhard asked the president to send him as U.S. representative...