Word: ownership
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Dates: during 1960-1969
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Rachman was never once found guilty of an illegal act, and never once paid a personal income tax. Police and Public Health officers nearly lost their minds trying to trace the true ownership of his 400 to 500 buildings. They would discover that in a single Rachman house different owners were listed for different floors; one company would have a lease to collect rents, another to make repairs, and a third would simply be holding the house "in trust" for one of Rachman's myriad firms...
Such obsessions-if the criminal charges against him are correct-led Beckwith to the assassination of Negro Leader Medgar Evers. In the honeysuckle patch where the killer hid, police found an abandoned rifle. FBI agents traced its ownership to Beckwith, a gun collector; they also identified a fingerprint on the weapon as Beckwith's. Arrested by the FBI, Beckwith was turned over to state authorities, who are demanding that he be sentenced to death...
Also controversial in method are Gordon's plans to reduce the 55% U.S. ownership of Canadian business by raising taxes on foreign-controlled companies and lowering taxes on any such company that disposes of one-quarter of its shares to Canadians. To purchase 25% of all foreign-owned industry would cost Canadians an estimated $2 billion, and there is serious doubt that so much money could be raised in the country's thin capital market...
...State ownership of industry-which Winston Churchill called that "burglar's jemmy to crack the capitalist crib" -is the goal most commonly associated with a Socialist administration. Tory scaremongers even claim that Labor already has a "shopping list" of 104 companies it plans to nationalize. However, after bitter argument the Labor Party has abandoned its longtime commitment to public ownership of the economy's "commanding heights." It plans now only to renationalize steel, which was partially restored to private enterprise by the Tories, and Britain's trucking industry...
...controls, and regulate new construction. Labor also aims to break the age-old power of wealthy landowners, who seldom sell property outright but give developers long-term leases on which the landlords continue to collect "ground rent." New legislation would give all leaseholders the right to buy actual "freehold" ownership of their land...