Word: reductionisms
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Dates: during 1970-1979
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Another new compensation wrinkle that more and more employers are adopting is the Tax Reduction Act Stock Ownership Plan, or TRASOP. Under a law passed by Congress in 1975, a company can get an extra tax credit of up to 1% of its investment in new plant and equipment if...
Harvard members of the Graphic Arts International Union (Local 300) last week presented the University with a list of contract demands, including a substantial wage increase, a built-in cost-of-living clause and a reduction in their work week.
As an antidote, several board members favor a tax cut. Heller argues that an early $28 billion reduction for consumers and corporations is "the only way to fly." Joseph Pechman, head of economic studies at the Brookings Institution, agrees on the need for a prompt cut.
Republican Murray Weidenbaum, a visiting scholar at the American Enterprise Institute, argues that nothing less than a series of structural changes in the economy can break inflation. He proposes measures, including reduction of Government subsidies to farmers, shippers and other interest groups and elimination of some of the federal regulation...
Schwilck said in the past seven years the foundation's capital has declined from about $220 million to $70 million, mainly because of a reduction in the value of its stock holdings. In the same period the foundation's operating budget has declined from $12 million to $4 million, he...