Word: gifts
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Dates: during 1970-1979
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...Technically, the President does not have to pay his 1969 back taxes since the statute of limitations has run out; but he voluntarily agreed to do so. According to some tax lawyers, that payment could be classified as a gift to the Government and thus, tax deductible...
...committee and Special Prosecutor Leon Jaworski believe that the milkmen contributed as much as $737,000 to President Nixon's 1972 re-election campaign, much of it illegally. Moreover, officers of the nation's largest dairy cooperative, Associated Milk Producers, Inc. (AMPI), admitted last week that the gift to the President's campaign was only part of a five-year scheme to help friendly politicians, both Democrats and Republicans...
...making their initial $100,000 peace offering to Nixon's campaign committee, AMPI officials discovered that it was illegal because it came from AMPI corporate funds. In an elaborate effort to conceal the contribution, they directed Bob A. Lilly, assistant to AMPI General Manager Nelson, to replace the gift with an equal amount borrowed personally from the Citizens National Bank of Austin; such a personal contribution could be legally arranged. Then, to repay Lilly, AMPI asked attorneys and public relations firms with whom they had previous friendly business dealings for interest-free loans ranging from...
...bottle of gin, to $6.24), cigarettes (12? more a pack, to 78?) and beer (2½? a pint, to 48?). Meanwhile, nearly $1.2 billion in subsidies will be spent in an effort to reduce retail food prices (especially bread and milk) by a targeted average of 6%. A new gift levy will put teeth in Britain's inheritance tax. Previously, gifts bestowed a minimum seven years before death were not subject to any taxation; now they will be. In addition, resident foreigners who do not directly receive their income in Britain will be taxed on 50% of that income...
...Foreign Minister, who fell out with Amin and fled the country last year; Second Wife Kay, a Lugbara and a cousin of Lieut. Colonel Ondoga, and Third Wife Nora, related to a cousin of ex-President Obote. The remaining wife, Madina, Amin says, was given to him as a gift in 1971; she apparently has no political ties to any Amin enemy...