Word: owners
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Dates: during 1970-1979
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...thus shield a large part of that income from taxes. For example, under present law the interest paid on a loan while a building is under construction, and taxes too, can be deducted as a current expense. Since the building produces no income until it is finished, the owner or owners can claim a large loss, often exceeding the total amount they have invested. The new bill would stretch out such deductions over several years; in the case of other tax shelters, the deductions are limited to the amount of money that investors have actually put "at risk...
...young clubs with rosters of largely unheralded collegians on the brink of Super Bowl seasons. The similarities are not surprising, since the same man, Joe Thomas, built all three teams. Thomas, 55, is vice president and general manager of the Colts, a job he engineered for himself by talking Owner Robert Irsay into buying the club for him to run. A onetime assistant coach, Thomas' reputation for finding football talent was so established that he was the first person hired by the expansion Vikings and, later, the Dolphins. He is pro football's master builder, a craftsman...
...syndicated newspaper column and about Nader's deteriorating relations with the New Republic. Sanford and Nader fell out over these not uncommon editor-author frictions in 1973. Sanford thereupon completed an anti-Nader article for Esquire, but was dissuaded from publishing it by then New Republic Owner Gilbert Harrison, a Nader man. Nader has not talked to Sanford since. He is not likely to do so soon, especially given some of the less than cosmic questions raised by his quondam collaborator...
Regular merchants complain that the new markets cut sorely into business. In the Motor City, for instance, more and more residents are doing all their food shopping on weekends at the sprawling Detroit market. Says Nowal Makhoul, owner of a local fruit market: "Without the Detroit market, we'd be booming. With it, it's a real struggle." In Nashville, Tenn., merchants once tried strenuously-but unsuccessfully -to close down market stalls as violations of zoning regulations...
...effect of Zayad's campaign has been to polarize Nazarenes into a self-conscious Arab minority, and this worries some of Zayad's townspeople almost as much as it bothers Jerusalem. "We are Arabs, yes," says Restaurant Owner Abu Nassir, a Catholic, "but we are Israelis too. For 28 years we have lived in harmony with the government. What Zayad is doing is dangerous. You cannot fight the government and expect to live in peace...