Word: municipales
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Dates: during 1960-1969
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> A new "minimum tax" of at least 10% on all income over $30,000. One major loophole, tax-exempt state and municipal bond interest, is not affected.
> Boston City Hall, the most dramatic U.S. municipal building ever, opens, 1969.
As young Ben, Beau Bridges (son of Actor Lloyd Bridges) plays the hero with the numbstruck charm of a tarnished cherub. Ben believes totally in America's favorite myth: the up-from-nothing success story. So believing, he becomes living proof of that other American truism: there's...
In Rome, 1,500,000 persons-half of the capital's population-had been stricken, including Premier Mariano Rumor. In Milan, the disease affected one person in three, including 1,000 streetcar drivers and 330 policemen. City halls and law courts closed down, and pharmacies rationed medicines. In Turin...
Still, economists generally agree that the economy now shows plenty of signs of losing momentum. As interest rates climbed to the highest peak in more than a century, housing starts fell sharply and the bond markets approached collapse. Banks, the principal buyers of municipal bonds, were short of funds and...