Word: investers
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...principles call for direct corporate involvment in the South African political process to oppose influx control laws, the legal underpinning of the South African system of apartheid Companies that endorse the Tutu Principles also must agree to invest massively in education programs for non-white citizens of South Africa, permit unionization of Black workers, and a number of similar measures...
...Anything less than total divestment denies the fundamental truth, that it is impossible to invest in South Africa without investing in Apartheid," said a statement released last night by the Southern Africa Solidarity Committee, a student divestiture group...
...away your racist stock." "Derek Bok, get the word, this is not Johannesburg." "Hey, hey, ho, ho, there's blood on your portfolio." Bok knows we live in Cambridge, Massachusetts; he also knows what is in Harvard's $2.7 billion endowment and has made sure that Harvard doesn't invest in companies which don't sign the Sullivan principles. Those state that a firm implements dignifying and progressive measures geared toward helping South Africa's Black workers...
...Means Committee has before it my progressive consumption-tax proposal (H.R. 4442). The consumption tax would drastically reduce the number of exclusions, deductions and credits that now make the Internal Revenue Code a cabala for tax lawyers and C.P.A.s. It would allow the deduction of all savings and investments, on the theory that people should be taxed on what they take out of the national economy by way of consumption and not on what they put in. To protect the poor, personal exemptions would be double those under the current income tax, and the tax rate for the bottom income...
...They live in an apartment where Mama and her husband settled years ago, originally as a temporary abode for their small family. As the play opens, the family is waiting for insurance money coming from the death of Mama's husband. Tensions are high, because Walter Lee wants to invest the money in a liquor store, while Mama is determined to use at least a part of it to send Beneatha to medical school. Mama also would like to buy a new house...