Word: provisional
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There are three main reasons for this Orwellian simple-is-befuddling approach. One is that the present tax code is such a hideous snarl. By Treasury count, under the new plan, "more than 65 categories of preferential tax treatment would be eliminated or curtailed." Just describing what they are is...
Alarmed by the recent spate of cases in which Americans have supplied U.S. military secrets to the Soviets, the Senate on Friday added an amendment to the defense authorization bill. If enacted, the provision will mandate execution or life imprisonment without parole for anyone convicted of espionage for a Communist...
A centerpiece of the massive $750 billion Reagan tax cut of 1981 was a provision that allowed businesses to deduct the cost of buying new equipment even faster than the equipment wore out. This "accelerated cost-recovery system" would cost $35 billion next year. Treasury I eliminated ACRS, but lobbyists...
Many firms now penalize or fire those who drink on the job, and a few even ban drinking at company picnics. A provision in the new contract between Anheuser-Busch and the Teamsters and other unions is gradually eliminating beer breaks and free lunchtime brew over a one-year "transition...
But by then Reagan had no choice. If he still wanted sweeping cuts in civilian spending, he would have to swallow a budget resolution that included a provision for what he called "zero growth" for the military: no increase in Pen tagon outlays next year beyond what is necessary to...