Word: profiteered
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Dates: during 1970-1979
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...Also certain to be cited as another Nixon tax error was his failure to report a $142,000 profit on the sale of his Manhattan apartment in 1969 and to pay a capital gains tax on it. Nixon had asked the committee to examine both this sale and the deduction for his papers. The probers have gone beyond these matters and apparently have discovered other Nixon tax errors. Insists Mills: "People can better understand a failure to pay taxes than they can understand Watergate. Overdeductions, failure to state income-this will be a report to the American people. And they...
...company to compete with private producers. This proposed federal corporation would explore and drill for oil and gas on public lands. The price of its output would be strictly related to the cost of production, and so is supposed to serve as a yardstick by which to measure the profit margins of private companies. "The bill," White says, "has a chance, a bare chance, to pass...
...social-security payments, which would affect benefits for widows, the disabled and the unemployed. To halt the soaring cost of food (up 53% during the 44 months of Edward Heath's Tory government), Wilson proposed subsidizing basic foodstuffs (probably eggs, cheese, milk and bread) and limiting food profit margins. He also pledged unspecified "urgent measures" to deal with the country's housing crisis. While the number of new houses built has been declining, the average mortgage payments on a new house have risen in the past four years from...
...founding in 1914. Since that time, NR has built an enviable reputation among U.S. intellectuals for its scholarly dissent and literate insights. Though its readership is solid (circ. 100,000) as well as influential, NR faces mounting postal and publishing costs. Recently the weekly has run at a small profit, which is unusual for opinion journals. But red ink is always a threat, and Harrison, 58, figured that it was time for a younger angel with a muscular bankroll...
...group also charges DiCara with reversing a campaign promise to vote for recision that he gave to Boston '73, a non-profit citizens' information organization. The CPPAX letter alleges that DiCara told his constituents one thing during the campaign and then did the opposite. "It's just a question that he says he is going to do something and then he doesn't," Deirdre Henderson, representative for the Park Square Improvement Association and a leader of the DiCara opposition, said last week...