Word: reductionisms
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Dates: during 1970-1979
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If the President okays the bill, taxpayers will be pleasantly surprised when they begin filling out their 1979 returns. Individuals will receive about $15 billion in cuts (including $2.1 billion in capital gains), with corporations getting only $3.6 billion. In past years, the business tax cut has amounted to about...
First the upper chamber voted a $4.5 billion reduction to offset the increased Social Security taxes. Then it tacked on an array of special-interest freebies. New York Democrat Daniel Moynihan proposed that the New York State Power Authority be allowed to issue tax-exempt bonds. It passed. Russell Long...
The President was very upset by the Senate's largesse. He had been displeased with the House bill, which gave relatively rich taxpayers far more of its tax cuts than he wanted. Some 25% of the House-approved reduction would go to people earning more than $50,000 a...
Sarkis still hopes to persuade the Arab League to order a reduction in the number of Syrian troops in his country. But he received scant encouragement during his visits to Saudi Arabia, Kuwait and other Arab nations. Saudi Arabia's Crown Prince Fahd, for example, promised P.L.O. Leader Arafat...
Betty Ford's debut is the most recent in a string of cosmetic admissions in the '70s by public figures. Wisconsin Senator William Proxmire, for one, issued a press release about his hair transplant and may have had an eyelift too. There has also been news of hair...