Word: profitably
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Dates: during 1970-1979
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...they were appalled by the wars' drain on their country-an estimated 300 killed annually and a continuing expenditure equivalent to 40% of Portugal's national budget. "The officers of the M.F.A. came to realize that they were sitting in Africa, living out their lives for the profit of the Estoril crowd back in Portugal," says Commander Jesuino. "I felt guilty about the role I was playing. We read the literature of the liberation groups we were fighting. We talked with prisoners. We read the doctrines of Che Guevara and Mao and so on-and we thought...
...Simon plan would work this way: corporations would receive a tax deduction equal to about 50% of the total amount of dividends they paid out each year. The individual stockholder would report as income not just his dividends, but his share of the company's total profit; however, he would then get a credit representing his share of the tax that the company had already paid. The net effect of this dazzlingly complex change would be to wipe out all taxes on dividends for a stockholder whose personal income tax bracket is 50% or less. The resulting savings, Simon...
Cronin said yesterday the immediate profit was not the major consideration when the project was initiated. "The original idea was to create good will among alumni," he said...
...annual revenues, Benjamin Lawless of Washington, D.C., urged that a grain crop be grown on the 5 million acres of federal land bordering the interstate highways. Then there was San Diego Bus Fleet Owner Jack Haberstroh's idea: he charges no fares on his buses, but makes a profit nonetheless by turning each vehicle into a rolling advertising medium that is not only completely slathered with ads, inside and out, but also subjects passengers to tape-recorded pop music-and commercials...
...Skimpy Profit. Pan Am will not be grounded-at least not immediately. A small tax credit and changes in accounting methods enabled the airline to show a skimpy profit of $4 million for the second quarter. Through rigid cost-cutting measures that included reducing employment by 3,100, Pan Am has lowered its break-even point from a too-high 58% of seats filled to an acceptable under 50%. Still, the airline slipped back into the red by $4.7 million during June, and a huge loss for all 1975 appears inevitable. A new crunch will come in the fall, when...