Word: reform
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Dates: during 1970-1979
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...found several students guilty of "interfering with normal University processes," and forced them to withdraw from the College. The students were expelled because they demonstrated in support of their political beliefs. The CRR's record does not deserve support, and both Faculty members and students have proposed reforms. Their efforts, however, have been singularly unsuccessful. While students continued to boycott the CRR, Faculty members could point to student dissatisfaction as a reason to reform. Now, even that bargaining point is gone...
Prewitt said yesterday the most immediate goal of the student caucus is to generate proposals to reform the Committee on Rights and Responsibilities...
...cause of all the confusion is Public Law 94-455, otherwise known as the Tax Reform Act of 1976, passed by Congress last September. The act has earned the nickname "Attorneys' and Tax Accountants' Relief Act of 1976." Few will disagree if they wade through the act's 413 pages, 21 titles, 190 sections, 104 pages of supplementary tables and index. The new act affects nearly every taxpayer. It takes a little from almost everyone, gives a little back to everyone except the very rich and on balance is expected to net the U.S. Treasury about...
Rather than imposing massive reform, the act tinkers and fine-tunes. It narrows some long-abused loopholes, widens others; it tidies up some of the messiest corners of the tax code and introduces new complexities into others. To cope with it, taxpayers must attempt to comprehend subtle variations in meaning and vague, ambiguous words and phrases. Among other things, the law will be forcing many more taxpayers than ever to learn the distinction between a deduction and a tax credit (a deduction is subtracted from the income subject to tax: a credit is subtracted directly from the amount...
...will be allowed to deduct up to $3,000 in expenses that they pay themselves-like the cost of finding a home in a new city-v. $2,500 on those returns being filed now. Even these changes will not be the last, or the loudest, word on tax reform: President Carter has promised far more fundamental proposals by this September...