Word: offsets
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Dates: during 1980-1989
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...overlook other key factors. According to Thomas M. Reardon, the University's director of development, the first oversight is economic: Just as taxes will go down, so disposable income will rise. Especially in the 50-per-cent-and-under tax brackets, Reardon insists, this bank balance boost will offset the higher "cost" of contributing to Harvard...
Making matters worse for Harvard, some administration tax analysts are considering proposals to increase certain taxes on the wealthy--such as user fees for yachts and private aircraft--to help offset a federal deficit which they now say could climb as high as $60 billion. Since the added levies would in no way encourage charitable giving, "they can only be viewed in a negative light," says Coddington, adding, "It is true, we are getting hit both by reductions and increases." On the other hand, tax incentives designed to encourage corporate investment in university research remain "insignificant," the lobbyist notes...
...mailing last spring to drum up money and support for Reagan's budget cuts, Helms wrote that "liberal pressure groups are at work, organizing to flood Congress with mail demanding that liberal food stamp and welfare giveaways not be cut. Sadly, this pressure, if not offset, could be successful." The effort to stop the ultraliberals, the mailings usually suggest, arises because "the Lord may very well be giving us one last chance to save America." The letters typically end: "God bless you always. Sincerely, Jesse...
...reason that 60% of the litigants approached by the producers agree to appear on the show. It is also the source of some criticism: a party who created a dispute through wrongful conduct can end up benefiting from it. Such a profit, however, may be more than offset by the adverse publicity, so some businessmen resist the temptation to argue their cases on national television...
...miles, respectively, are the best way to deter or counter the most feared conventional attack by Soviet forces: a massive tank assault across Central Europe. (Warsaw Pact countries have 44,000 tanks compared with NATO'S 11,000.) Said the President: "This weapon was particularly designed to offset the great superiority that the Soviet Union has on the Western front." The Reagan Administration plans to stockpile the neutron bombs in the U.S. But they could be deployed in Europe, or any other area threatened by invasion, in a matter of hours. U.S. officials say that such deployment will occur...