Word: planned
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Dates: during 1960-1969
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Under the new plan, tax rules would be relaxed in a couple of areas. The 30% limit on the amount of charitable contributions an individual can deduct from his income in most circumstances would go up to 50%. Tax deductions for moving at the behest of an employer would be substantially liberalized, permitting such costs as house hunting, temporary lodging or breaking a lease to be written off up to a limit of $2,500 per move...
...steelmakers and airlines which are in the midst of a costly modernization program. Some small and medium-sized firms may well choose to curtail their factory expansion. At General Motors, the tax credit amounted to $39 million last year, or nearly 4% of its profits. But G.M. does not plan to cut back on its $1.1 billion spending program (up 28% from last year...
...invest in people rather than buildings," he explains. To lighten the burden for retired persons on fixed incomes, Eckerd set up a nonprofit Senior Citizen Club; its members qualify for discounts at his drugstores. For his cherished employees, he is working out the details of a more unusual plan. Under it, Eckerd would place 90% of his stock in his company in trust. Over a period of years, options would be granted to all employees to purchase stock at today's market price...
...Quakers plan surprises for the race. "We'll just row the race that we can do best," Burk said. A lower-stroking boat that the Crimson, Penn will probably start at a medium-high 39 strokes and then settle to a 36-37 until the final spring...
...past, whenever the Patriots have let it be known that they will leave Boston unless a new stadium is built, local officials and "concerned citizens" have quickly come up with a plan for a new stadium. The plans, however, have always been weak on the financing side--i.e. in determining how the deficit on the stadium will be met--and consequent opposition has always killed them...