Word: lemons
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...partnership buys into any property-movies, coal mines, lemon groves -on which fairly rapid depreciation is allowed. That enables the members to write off in four years or less most of the value of the property, even though it might continue to generate income for decades. When the depreciation benefits are fully realized and the investors have recaptured much of their original investment through write-offs, they can sell the property. The profits from the sale are taxed, but usually at favorable capital gains rates, which under the new law have been reduced even further, from an effective maximum...
...sing, on the other hand, have dull lines like "If you believe, within your heart you'll know/ That no one can change the path that you must go." Poor Lena Home, as Glinda, the Good Witch of the South, has to suck this same lyrical lemon when, wearing a gruesome blue good-fairy gown, she floats in a starry, process-shot sky. A huge budget corrupts hugely. By this time the viewer has realized that he can't win, he can't break even, and he must get out of the theater...
...ANGELES--New York Yankees Manager Bob Lemon named Ed Figueroa, 20-9, as his starting pitcher and said Reggie Jackson would be the designated hitter for Turesday's first game of the best of seven 1978 World Series against the Los Angeles Dodgers...
When Beattie walked Amos Otis and Pete LaCock to load the bases, Yankee manager Bob Lemon went to his star-studded bullpen and came up with the untested Clay. Clay allowed a run-scoring sacrifice fly to Royal designated hitter Hal McRae and then went on to no-hit the A.L. West champs for the rest of the game...
...annoyance, is still considered something of an apprentice. "When I'm 18," she declares, "I'm going to have my own combine and all-woman crew." When Susie says things like that, Byron makes a face as if he's just finished sucking on a lemon. Jessie, proud of his daughter, but more comfortable with the idea that a woman's place is back in the house trailer cooking up corn biscuits, smiles and takes another chomp on his cigar. Meanwhile. Joe's son Allen, 4, scampers around the trailer on his toy John Deere...