Word: limiteds
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Dates: during 1950-1959
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While the cost of a college education has climbed higher than ever, legislation to case the financial burden has come slowly. Last year an important concession in the income tax law eliminated an unreasonable limit on a student's earnings. This law brought a unique problem of students into perspective, without providing any unfair privileges. A recent and widely heralded bill proposed by Representative Abraham Multer of New York, however, interferes with the benefits from last year's law and gives extensive tax reductions in the wrong place...
...earn all they can, without losing their status as "Dependent children." Parents must simply pay half their children's college and living expenses to claim dependency deductions on their tax bills. Thousands of students who formerly ended summer jobs in mid-August, so they would not exceed the $600 limit on dependent's earnings, now can work for the entire summer. The new tax law has encouraged industry instead of indolence, making possible increased student earnings, at little cost to the Treasury...
Under the new rules it is possible to limit study within each period to the dominant country of the time. Kuhn said that the specialization "will be based on concrete general knowledge which concentrators have acquired through wide reading in the tutorial program initiated this fall...
...that he had robbed the firm of $5,000, explained: "They took $8 out of my check every week tor taxes, and that's too much." Do As I Say. At Sassafras River, Md. U.S. Fish and Wildlife Service agents arrested four duck hunters for exceeding the daily limit and baiting too close to their blind, discovered that among the embarrassed group were Arthur H. Brice, chairman of the state's Department of Tidewater Fisheries and the Board ol Natural Resources, and Amos Creighton, Brice's No. 1 assistant...
...eight stock exchanges last week hit a new postwar peak of 172, up 85% in a year, the biggest rise of any country. Helped by the prospect of rearmament and the lifting of extremely heavy taxes on sales of stock held less than a year (new time limit: three months), German stock prices reflected the extent of West Germany's boom. Biggest gainers: Casella Chemicals, up 160% to $112 a share; Erin Bergbau (mining), up 375% to $85; Beteiligungs A. G. Ruhrort (shipping...