Word: offsets
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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...
...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...
...Britain was not reduced. A Scottish M.P., Willie Hamilton, who thinks the Crown an expensive anachronism and Princesses Margaret and Anne in particular to be parasites, got a long and polite hearing from Ted Koppel on ABC. Glimpses of cockney women cooing about Lady Di's charms were offset by skinheads as indifferent to the wedding as to anything else. ABC intermixed its prattle of gowns and rehearsals with pictures of grim unemployment lines in what it captioned "The Other Britain." Britain's other big story NBC'S Tom Brokaw, looking as preppie-eager...