Word: owned
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Dates: during 1980-1989
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Come now, do you really think that corporate America would grind to a halt without the T and E deduction? Either business deals would be struck in the office where they belong, or business people would continue to dine out, but pay their own way.
If they did pay their own way, eating out would be cheaper for all of us. Just like any other subsidy, favorable tax treatment artificially stimulates demand for a product and increases the price of that product. Were it not for the T and E deduction, restaurants would be cheaper...
In his Inaugural Address last January, George Bush obliquely appealed to Iran to work with him for the release of nine American hostages held by Islamic groups in Lebanon. Since then the U.S. and Iran have carried on a delicate game of winks and nods, feints and gestures. The game...
But with memories of the Iran arms-for-hostages swaps still fresh, American officials too have been careful to reject suggestions that the two nations are conducting anything like hostage negotiations. "You want to do things that are justifiable on their own merits and defensible in terms of U.S. interests...
For more than two decades, blacks in New York City watched longingly as African-American mayors took control of a score of major cities. Though they constituted Gotham's second largest ethnic group, blacks had not won a single citywide office. Last week they finally exulted in a triumph of...