Word: millions
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Dates: during 1960-1969
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Despite military pressures, South Korea is booming. The gross national product spurted ahead by 13.1% last year. Exports totaled $455 million, compared with $33 million in 1960, and the 1971 target is $1 billion...
SINCE oral contraceptives were introduced for general prescription in 1961, at least 10 million U.S. women have taken them; about 7,000,000 are using them now. Despite the natural assumption that such popularity must be deserved, the Pill has provoked an almost equally strong countercurrent of opposition and denunciation. Anti-Pill crusaders demand that it be taken off the market, claiming that it is killing scores if not hundreds of American women every year, maiming ten times as many and making others infertile. More than a hundred lawsuits are pending against manufacturers...
...organized crime. Last week he announced his battle plan. Though less electrifying than some might have wished and more eclectic than the Administration wishes to admit (it borrows heavily from Lyndon Johnson's proposals), it was a thoughtful and impressive start. Nixon asked Congress for $61 million for the task-or $25 million more than the Johnson Administration had requested. Part of the extra funds will be used to hire more FBI agents and federal prosecutors and start a special Labor Department investigation of mob influence in unions...
...retain if the surtax is reduced, only a few of Nixon's reforms would benefit the middle-income taxpayer. To help the poor, the Administration proposes a "lowincome allowance." It would reduce the taxes now paid by the 5,300,000 Americans (of a total of 26 million) whose annual incomes are near the official poverty line ($3,535 for a family of four). Some 2,000,000 families would be excused from taxes altogether. Above the poverty line, low-income persons and families would pay taxes at reduced rates. A family of four would begin paying taxes only...
...drilling costs, 2) excessive farm losses, and 3) rapid depreciation of real estate holdings. Nixon would also require taxpayers with more than $10,000 of tax-preferred income (including long-term capital gains) to allocate itemized nonbusiness tax deductions between their preferred and ordinary income. Total revenue gain: $500 million a year...