Word: laws
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...pain, the courtroom was probably the easier ordeal. Arriving 25 minutes before the 9 a.m. trial was to begin, Kennedy, accompanied by his wife Joan and his brother-in-law Stephen Smith, looked like a ruined man, the strain clearly showing in his drawn face. When the clerk asked for his plea, the Senator softly replied, "Guilty," then, after a second, "Guilty," in a louder voice that all the reporters and onlookers who crowded the 1840-vintage courtroom could hear. He uttered no other word during the nine minutes the proceedings lasted...
...only case I have is of leaving the scene of an accident. We have no witness who saw him driving. From my study of the scene, the dirt road, the darkness, the narrow bridge where the car fell, it was an accident, a true accident." Actually, under Massachusetts law, a charge of manslaughter, which requires "willful or wanton" conduct, would have been very unlikely. Even assuming the worst, Kennedy's actions would probably not have met that extreme criterion...
Ways and Means was obviously determined to write a stringent reform law. Meeting throughout the week, the committee approved the narrowing of loopholes that now allow some wealthy individuals to escape taxation entirely. The changes would bring an additional $2 billion into the federal Treasury and lighten the burden-if only by a feather -on the middle-income taxpayers...
Depletion Cut. The key feature of the House committee's reform plan was a slash in depletion allowances on oil and certain other extractive products. The law that is now on the books permits oil-well owners to deduct from their taxable incomes 27½% of the value that each well produces regardless of drilling or operational costs. Long deadlocked over the question of depletion cuts, the committee finally approved 18 to 7 a proposal to drop the allowance to 20%. The compromise move, which surprised even Committee Chairman Wilbur Mills, came after Louisiana's Hale Boggs...
...author is Kevin P. Phillips, 28, a graduate of Harvard Law School ('64) who was a voting-trend analyst for Nixon Campaign Manager John Mitchell. Since the election, he has followed Mitchell to the Justice Department and is now an assistant to the Attorney General...