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Word: itness (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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In the short run, the bill will increase federal revenues. Eventually, however, as tax reductions take effect, federal intake will decline sharply, creating what one Treasury man calls "the revenue crunch of the '70s." The bill represents a Democratic attempt to win the affections of Nixon's middle...

Author: /time Magazine | Title: Nation: What the Tax Bill Does | 12/26/1969 | See Source »

As finally worked out, the bill was far more sober than the free-spending "Christmas tree" measure conjured up by the Senate, with its $800 personal tax exemption. While it is more inflationary than President Nixon would like, the bill does postpone most of the giveaway provisions for two years...

Author: /time Magazine | Title: Nation: What the Tax Bill Does | 12/26/1969 | See Source »

Efficient and Effective. Few cities are more in need of such a cure than Newark (see box following page). In addition to the federal grand juries, a statewide and a local grand jury are probing organized crime in Newark and elsewhere in New Jersey. Following last week's indictments...

Author: /time Magazine | Title: New Jersey: City Under Indictment | 12/26/1969 | See Source »

State law provides for the removal from public office of officials who refuse to testify before grand juries looking into governmental affairs. But it allows them to take the Fifth Amendment when questioned on criminal matters- as did Addonizio. Nor do the state's laws require the removal of...

Author: /time Magazine | Title: New Jersey: City Under Indictment | 12/26/1969 | See Source »

Addonizio has made it clear that he has no intention of stepping down before the end of his term. "I haven't been convicted of anything," he said, and he predicted that he would be acquitted. Meanwhile, he has promised Newarkers that his administration will "continue to run an...

Author: /time Magazine | Title: New Jersey: City Under Indictment | 12/26/1969 | See Source »

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