Word: portionate
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Dates: during 1990-1999
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...products; to help build new plants, offices and stores; and to train their workers. They sell their goods to foreign buyers that make the acquisitions with tax dollars supplied by the U.S. government; engage in foreign transactions that are insured by the government; and are excused from paying a portion of their income tax if they sell products overseas. They pocket lucrative government contracts to carry out ordinary business operations, and government grants to conduct research that will improve their profit margins. They are extended partial tax immunity if they locate in certain geographical areas, and they may write...
Whatever the name, the result is the same. Some companies receive public services at reduced rates, while all others pay the full cost. Some companies are excused from paying all or a portion of their taxes due, while all others must pay the full amount imposed by law. Some companies receive grants, low-interest loans and other subsidies, while all others must fend for themselves...
Since governments are not taxable, this arrangement enabled Intel to escape property and sales taxes. Then there is the investment-tax-credit deal, which allows Intel to pocket a portion of the state income taxes withheld from its bunny-suited tech workers' paychecks. In addition, the state provided money to train workers. These and other benefits add up to a third of a billion dollars in aid for Intel...
...snit when they heard about the Stone show--their aviation-industry sources were getting calls from Stone's people--and news chief David Westin expressed concern to colleagues in ABC's entertainment division. Last week East Coast newsies said Westin assured them that the Flight 800 portion of Declassified has been axed. But trust no one: Stone says 800 will be part of his show. The public ABC line is that the program will air with warnings that the news division didn't produce it (a disclaimer that could boost ratings dramatically...
...really compelling portion of this line isthe contrast between Turco and Schwefel--bothsmall, quick players--and the ominous 6'6",215-pound Clark. The freshman comes to Harvardfrom the U.S. National Program, where he playedagainst the top juniors in Canada. Never hesitantto use his size, he registered 280 penalty minuteslast season, dropping the gloves on occasion...