Word: lesses
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Dates: during 1970-1979
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Small companies have special needs, Levitt argues. Government regulations are an especially heavy burden on them. By Levitt's reckoning, the cost of complying with environmental, safety and other rules comes to $32 per $100,000 of sales for companies with less than $100 million in revenues, vs. $4 for larger corporations. Because small companies are not as well known and therefore need to broaden their shareholder base and increase ownership of their stock, they prefer cuts in capital gains taxes rather than the increased depreciation allowances advocated by big companies. Says Levitt: "Our kinds of companies...
Levitt has lobbied for the Small Business Investment Incentive Act, which would give a 10% tax credit to individuals for investments in new issues of firms with a net worth of $25 million or less...
...pipes carry the grayish slurry to the beach. There it is deposited in large, neat mounds, until the fresh sand is spread out by large earth-moving machines. Under way for two years, the controversial $64 million project by the Army Corps of Engineers is aimed at nothing less than saving one of the nation's vacation landmarks: that fabled stretch of the Florida Gold Coast known as Miami Beach...
...contingent was less concerned with rivals than with logistics. Language, transportation and communications in sprawling Lenin Stadium proved to be nagging problems. Said Track and Field Coach Jimmy Carnes: "Next year we intend to come here as self-contained as we possibly...
Munson begrudged the ink and air time given to players he considered less talented, especially Boston Red Sox Catcher Carlton Fisk, who stole the spotlight from him with an outstanding rookie season in 1972. "For a while it was like I didn't exist," Munson later said. He could be surly in public, and never bothered with the art of image making. He conducted a celebrated feud with George Steinbrenner when the Yankee owner signed Reggie Jackson to a more lucrative contract than his. Munson's salary was finally renegotiated; he signed a four-year pact averaging...