Word: highly
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Some tax breaks for businesses were also modified. The bill calls for a repeal of the 7% business investment tax credit, a reduction from 27½% to 22% of the oil depletion allowance, and increased taxes on high-bracket capital gains. The bill puts a 4% tax on the investment income of foundations-a compromise between a stiff House bill and a nominal Senate measure...
...High-level Whispers. The Soviet arms budget is, however, undeniably under pressure, because the Soviet civilian economy has been badly shortchanged as a result of Russia's costly military intervention in Czechoslovakia and the buildup along the Chinese border. Moscow urgently needs to increase its investment in agriculture, which suffered heavily this year as severe weather snapped a string of good harvests. Western experts scoff that some of the 160 million-ton grain crop the Soviets are claiming to harvest "must still be under the snow...
...penalty, and many Tories opposed it. But in the balloting, numerous Tories, including Opposition Leader Ted Heath, voted with the majority. By 343 to 185, the Commons voted to end capital punishment, except for a few rare state offenses: arson in Her Majesty's dockyards, piracy on the high seas, and treason...
Freddie fled into exile and died last month in London. The cause of death, said the coroner's report, was an extremely high level of alcohol in his bloodstream. The Kabaka's followers claimed he had been poisoned by Obote's agents and swore revenge. Outside the stadium last week police seized a man who was thought to be one of the Kabaka's followers...
...warmly received Al-Fatah Leader Yasser Arafat and presented him with $240,000 for the guerrillas. But the U.S. and Britain are trying to get along with the new rulers, and the main reason is Libyan oil. Since the '67 closure of Suez, Libyan exports have doubled because high-grade Libyan oil lies closer to Europe without the canal than most Arabian oil. Thirty-eight companies, mostly American and British, presently pump about 3.7 million barrels a day. Libya now ranks as the third largest oil exporter (after Venezuela and Iran). Since the government receives $1 on each barrel...